PLAB (Photronics) EV-to-EBIT: 6.44 (As of Jul. 15, 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PLAB Photronics Inc PLAB
89 GF Score
Price $29.65
GF Value $25.44
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Photronics EV-to-EBIT?

Photronics PLAB +0.58% 89 EV-to-EBIT is 6.44 as of Jul. 15, 2026, which is 26% below its 10-year median of 8.69. GuruFocus rates PLAB with a GF Score™ of 89/100 and a GF Value™ of $25.44 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 684 Semiconductors companies, Photronics ranks better than 91.37% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Photronics's Enterprise Value is $1,566.7 Mil. Photronics's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $243.1 Mil. Therefore, Photronics's EV-to-EBIT for today is 6.44.

The historical rank and industry rank for Photronics's EV-to-EBIT or its related term are showing as below:

PLAB' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.04   Med: 8.69   Max: 20.3
Current: 6.44

During the past 13 years, the highest EV-to-EBIT of Photronics was 20.30. The lowest was 3.04. And the median was 8.69.

PLAB's EV-to-EBIT is ranked better than
91.37% of 684 companies
in the Semiconductors industry
Industry Median: 35.505 vs PLAB: 6.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Photronics's Enterprise Value for the quarter that ended in Apr. 2026 was $2,695.8 Mil. Photronics's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $243.1 Mil. Photronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 9.02%.


Photronics  (NAS:PLAB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Photronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=243.088/2695.76896
=9.02 %

Photronics's Enterprise Value for the quarter that ended in Apr. 2026 was $2,695.8 Mil.
Photronics's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $243.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Photronics EV-to-EBIT Related Terms


Photronics EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Photronics's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Photronics EV-to-EBIT Chart

Photronics Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.66 3.74 3.49 4.66 5.49

Photronics Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.06 5.03 5.49 8.26 11.09

PLAB vs AMBA, DQ, AEHR: EV-to-EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, Photronics's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Photronics EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Photronics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Photronics's EV-to-EBIT falls into.


PLAB
89GF Score
Photronics Inc PLAB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Photronics EV-to-EBIT Calculation

Photronics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1566.682/243.088
=6.44

Photronics's current Enterprise Value is $1,566.7 Mil.
Photronics's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $243.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 6.44 mean?
Photronics (PLAB) has a EV-to-EBIT of 6.44 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Photronics and its competitors. This is 26% below median its historical median of 8.69. Over the past decade, Photronics' EV-to-EBIT has ranged from 3.04 to 20.30. According to the industry distribution chart, Photronics ranks #59 out of 684 companies in the Semiconductors industry, placing it in the top 8.6%.
Is Photronics' EV-to-EBIT too high?
Photronics' current EV-to-EBIT of 6.44 is 26% below median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 20.30. The Semiconductors industry median EV-to-EBIT is 35.51. Photronics' value of 6.44 is 81.9% below this industry median. Based on the distribution chart, Photronics ranks #59 out of 684 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Photronics has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Photronics' EV-to-EBIT compare to AMBA and DQ?
According to the Semiconductors industry distribution chart, Photronics ranks #59 out of 684 companies for EV-to-EBIT. This places Photronics in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 35.51. Photronics' value of 6.44 is 81.9% below this benchmark. Historically, Photronics' own EV-to-EBIT has ranged from 3.04 to 20.30 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 35.51, Photronics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 35.51, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photronics's current EV-to-EBIT of 6.44 is 81.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Photronics and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 35.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photronics's current EV-to-EBIT is 6.44, which is 26% below median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photronics stock overvalued right now?
Based on GuruFocus' analysis, Photronics (PLAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.44, compared to a current price of $29.65 — trading 16.5% above its estimated fair value. The current EV-to-EBIT is 6.44, which is 26% below median its 10-year median of 8.69 and 81.9% below the Semiconductors industry median of 35.51. Photronics' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Photronics (PLAB), the current EV-to-EBIT is 6.44 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Photronics (PLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Photronics stock appears to be overvalued. The current stock price of $29.65 is trading 16.5% above its estimated GF Value™ of $25.44. GuruFocus considers Photronics to be Modestly Overvalued.

Key valuation signals for PLAB:

  • EV-to-EBIT: 6.44 (26% below median its 10-year median of 8.69)
  • GF Value™: $25.44 vs. price of $29.65 (16.5% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 81.9% below the Semiconductors median (#59 of 684)

No single metric tells the full story. See the PLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Photronics Business Description

Other Exchanges PQ2:Germany
Address 15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company principally engaged in the manufacturing of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a key element in the manufacture of integrated circuits (ICs) and flat-panel displays (FPDs) and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during fabrication, as well as to a lesser extent, other types of electrical and optical components. The Company has manufacturing facilities in Taiwan, China, South Korea, the United States, and Europe, and generates revenue globally, with Taiwan contributing the majority of total revenue.
89GF Score

Get the complete analysis for PLAB

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.65
Price
$25.44
GF Value