Applied MaterialsXTER:AP2 +1.00%81 Median PS Value is €129.97 as of Jun. 25, 2026, which is 100% below its 10-year median of 1.31. GuruFocus rates XTER:AP2 with a GF Score™ of 81/100 and a GF Value™ of €190.67 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 541 Semiconductors companies, Applied Materials ranks worse than 85.4% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Applied Materials's Median PS Value or its related term are showing as below:
XTER:AP2'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.76 Med: 1.31 Max: 3.97
Current: 3.97
During the past 13 years, the highest Price to Median PS Value of Applied Materials was 3.97. The lowest was 0.76. And the median was 1.31.
XTER:AP2's Price-to-Median-PS-Value is ranked worse than 85.4% of 541
companies
in the Semiconductors industry
Industry Median: 1.61
vs XTER:AP2: 3.97
Applied Materials (XTER:AP2) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Applied Materials's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
516.10
/
129.97
=
3.97
* 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.
Applied Materials Median PS Value Related Terms
Applied Materials Median PS Value Historical Data
* Premium members only.
The historical data trend for Applied Materials's Median PS Value 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.
XTER:AP2 vs LRCX, KLAC, TER: Median PS Value Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Applied Materials Price-to-Median-PS-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Applied Materials's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 4.1864.
Applied Materials's Revenue per Share 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 €31.046.
* 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.
Applied Materials (XTER:AP2) has a Median PS Value of €129.97 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Applied Materials and its competitors. This is 9821% above median its historical median of 1.31. Over the past decade, Applied Materials' Median PS Value has ranged from 0.76 to 3.97. According to the industry distribution chart, Applied Materials ranks #462 out of 541 companies in the Semiconductors industry, placing it in the top 85.4%.
Is Applied Materials' Median PS Value too high?
Applied Materials' current Median PS Value of €129.97 is 9821% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.97. Based on the distribution chart, Applied Materials ranks #462 out of 541 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Applied Materials has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Median PS Value compare to LRCX and KLAC?
According to the Semiconductors industry distribution chart, Applied Materials ranks #462 out of 541 companies for Median PS Value. This places Applied Materials in the lower half of its industry. The industry median Median PS Value is 1.61. Historically, Applied Materials' own Median PS Value has ranged from 0.76 to 3.97 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Semiconductors company?
The median Median PS Value among Semiconductors companies is 1.61, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Applied Materials and its competitors. For the Semiconductors industry, the median Median PS Value is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Materials's current Median PS Value is €129.97, which is 9821% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XTER:AP2) is currently considered Significantly Overvalued. The stock's GF Value™ is €190.67, compared to a current price of €516.10 — trading 170.7% above its estimated fair value. The current Median PS Value is €129.97, which is 9821% above median its 10-year median of 1.31. Applied Materials' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Applied Materials (XTER:AP2), the current Median PS Value is €129.97 as of Jun. 25, 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 Applied Materials (XTER:AP2) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of €516.10 is trading 170.7% above its estimated GF Value™ of €190.67.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for XTER:AP2:
Median PS Value: €129.97 (9821% above median its 10-year median of 1.31)
GF Value™: €190.67 vs. price of €516.10 (170.7% above fair value)
No single metric tells the full story. See the XTER:AP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
81GF Score
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