Advanced Micro Devices (AMD) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive application...
Advanced Micro Devices (AMD) currently trades at a P/E ratio of 134.16 (historical range: 31.12–402.22, median: 84.47), placing it at the 78th percentile — above its historical average, P/S ratio of 20.90 (range: 3.81–25.67, 96th percentile — expensive relative to its history), EV/EBITDA of 131.68 (range: 27.57–848.35, 69th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Advanced Micro Devices's P/E ratio has expanded by 82% over the observed period (from an average of 76.0 to 138.1).
Advanced Micro Devices trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 134.16 | 84.47 | 78th | above its historical average |
| P/S Ratio | 20.90 | 9.84 | 96th | expensive relative to its history |
| EV/EBITDA | 131.68 | 77.73 | 69th | above its historical average |
| FCF Yield | 0.97% | 1.62% | 27th | above its historical average |
Advanced Micro Devices (AMD) Valuation & P/E History
Advanced Micro Devices (AMD) is a US-listed stock operating in the Technology sector, specifically the Semiconductors industry currently trading at $526.30 with a market capitalization of $859.2 billion. This page provides historical valuation analysis for AMD based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 134.16 is above the historical median of 84.47, placing AMD at the 78th percentile of its valuation range. The P/S ratio of 20.90 compares to a median of 9.84.
AMD Valuation Metrics & Historical Range
The valuation table above shows Advanced Micro Devices's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AMD is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AMD is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Advanced Micro Devices.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AMD Overvalued or Undervalued?
Advanced Micro Devices trades well above its own historical valuation range across most metrics. The overall valuation percentile of 81 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AMD is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AMD analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AMD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.