Tower Semiconductor (Tower Semiconductor) Forward PE Ratio

: 0.00 (As of Today)

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Tower Semiconductor's Forward PE Ratio for today is 0.00.

Tower Semiconductor's PE Ratio without NRI for today is 16.27.

Tower Semiconductor's PE Ratio for today is 6.79.

Tower Semiconductor Forward PE Ratio Historical Data

The historical data trend for Tower Semiconductor's Forward PE Ratio 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.

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Tower Semiconductor Annual Data

Trend

2015-12

2016-08

2018-12

2019-12

2020-12

2021-12

2022-12

2023-09

Forward PE Ratio

4.73

4.90

8.97

19.05

17.95

18.90

18.38

12.00

Tower Semiconductor Quarterly Data
	2015-12	2016-03	2016-06	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03
Forward PE Ratio	4.73	3.53	3.87	12.06	12.09	10.88	8.97	12.41	15.36	14.41	19.05	14.08	17.39	13.51	17.95	20.20	20.88	18.52	18.90	23.26	20.79	17.86	18.38	19.76

Competitive Comparison

For the Semiconductors subindustry, Tower Semiconductor's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.

Tower Semiconductor Forward PE Ratio Distribution

For the Semiconductors industry and Technology sector, Tower Semiconductor's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Tower Semiconductor's Forward PE Ratio falls into.

Tower Semiconductor Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Tower Semiconductor (NAS:TSEM) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Tower Semiconductor Forward PE Ratio Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.