PLAB (Photronics) EV-to-EBITDA: 4.90 (As of Jul. 15, 2026) — 17% Above 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 $29.69
GF Value $25.44
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Photronics EV-to-EBITDA?

Photronics PLAB +0.71% 89 EV-to-EBITDA is 4.90 as of Jul. 15, 2026, which is 17% above its 10-year median of 4.20. 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 749 Semiconductors companies, Photronics ranks better than 92.26% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Photronics's enterprise value is $1,569.0 Mil. Photronics's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $320.1 Mil. Therefore, Photronics's EV-to-EBITDA for today is 4.90.

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

PLAB' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.33   Med: 4.2   Max: 9.65
Current: 4.9

During the past 13 years, the highest EV-to-EBITDA of Photronics was 9.65. The lowest was 2.33. And the median was 4.20.

PLAB's EV-to-EBITDA is ranked better than
92.26% of 749 companies
in the Semiconductors industry
Industry Median: 26.95 vs PLAB: 4.90

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-15), Photronics's stock price is $29.69. Photronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $2.740. Therefore, Photronics's PE Ratio (TTM) for today is 10.84.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Photronics's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=29.69/2.740
=10.84

Photronics's share price for today is $29.69.
Photronics's Earnings per Share (Diluted) 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 $2.740.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Photronics EV-to-EBITDA Related Terms


Photronics EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Photronics's EV-to-EBITDA 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-EBITDA Chart

Photronics Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 2.81 2.69 3.49 4.07

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-EBITDA 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 2.97 3.59 4.07 6.12 8.42

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

For the Semiconductor Equipment & Materials subindustry, Photronics's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Semiconductors Industry

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

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


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

Photronics EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1569.040/320.119
=4.90

Photronics's current Enterprise Value is $1,569.0 Mil.
Photronics's EBITDA 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 $320.1 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-EBITDA →
What does a EV-to-EBITDA of 4.90 mean?
Photronics (PLAB) has a EV-to-EBITDA of 4.90 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Photronics. This is 17% above median its historical median of 4.20. Over the past decade, Photronics' EV-to-EBITDA has ranged from 2.33 to 9.65. According to the industry distribution chart, Photronics ranks #58 out of 749 companies in the Semiconductors industry, placing it in the top 7.7%.
Is Photronics' EV-to-EBITDA too high?
Photronics' current EV-to-EBITDA of 4.90 is 17% above median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 9.65. The Semiconductors industry median EV-to-EBITDA is 26.95. Photronics' value of 4.90 is 81.8% below this industry median. Based on the distribution chart, Photronics ranks #58 out of 749 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-EBITDA compare to AMBA and DQ?
According to the Semiconductors industry distribution chart, Photronics ranks #58 out of 749 companies for EV-to-EBITDA. This places Photronics in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 26.95. Photronics' value of 4.90 is 81.8% below this benchmark. Historically, Photronics' own EV-to-EBITDA has ranged from 2.33 to 9.65 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 26.95, 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-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 26.95, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photronics's current EV-to-EBITDA of 4.90 is 81.8% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Photronics. For the Semiconductors industry, the median EV-to-EBITDA is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photronics's current EV-to-EBITDA is 4.90, which is 17% above median its own 10-year median of 4.20. 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 $29.69 — trading 16.7% above its estimated fair value. The current EV-to-EBITDA is 4.90, which is 17% above median its 10-year median of 4.20 and 81.8% below the Semiconductors industry median of 26.95. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Photronics (PLAB), the current EV-to-EBITDA is 4.90 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 $29.69 is trading 16.7% above its estimated GF Value™ of $25.44. GuruFocus considers Photronics to be Modestly Overvalued.

Key valuation signals for PLAB:

  • EV-to-EBITDA: 4.90 (17% above median its 10-year median of 4.20)
  • GF Value™: $25.44 vs. price of $29.69 (16.7% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 81.8% below the Semiconductors median (#58 of 749)

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

$29.69
Price
$25.44
GF Value