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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) PE Ratio

: 91.90 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-22), MACOM Technology Solutions Holdings's share price is $95.58. MACOM Technology Solutions Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.04. Therefore, MACOM Technology Solutions Holdings's PE Ratio for today is 91.90.

During the past 13 years, MACOM Technology Solutions Holdings's highest PE Ratio was 1032.00. The lowest was 8.15. And the median was 54.73.

MACOM Technology Solutions Holdings's EPS (Diluted) for the three months ended in Dec. 2023 was $0.17. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.04.

As of today (2024-04-22), MACOM Technology Solutions Holdings's share price is $95.58. MACOM Technology Solutions Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $1.63. Therefore, MACOM Technology Solutions Holdings's PE Ratio without NRI ratio for today is 58.64.

During the past 13 years, MACOM Technology Solutions Holdings's highest PE Ratio without NRI was 482.38. The lowest was 8.15. And the median was 83.22.

MACOM Technology Solutions Holdings's EPS without NRI for the three months ended in Dec. 2023 was $0.17. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $1.63.

During the past 12 months, MACOM Technology Solutions Holdings's average EPS without NRI Growth Rate was -64.90% per year.

During the past 13 years, MACOM Technology Solutions Holdings's highest 3-Year average EPS without NRI Growth Rate was 60.40% per year. The lowest was -380.60% per year. And the median was 22.10% per year.

MACOM Technology Solutions Holdings's EPS (Basic) for the three months ended in Dec. 2023 was $0.18. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.05.

Back to Basics: PE Ratio


MACOM Technology Solutions Holdings PE Ratio Historical Data

The historical data trend for MACOM Technology Solutions Holdings's 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.

* Premium members only.

MACOM Technology Solutions Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss 120.13 8.38 63.73

MACOM Technology Solutions Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 13.57 15.47 15.24 63.73 89.38

Competitive Comparison

For the Semiconductors subindustry, MACOM Technology Solutions Holdings's PE Ratio, along with its competitors' market caps and 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.


MACOM Technology Solutions Holdings PE Ratio Distribution

For the Semiconductors industry and Technology sector, MACOM Technology Solutions Holdings's PE Ratio distribution charts can be found below:

* The bar in red indicates where MACOM Technology Solutions Holdings's PE Ratio falls into.



MACOM Technology Solutions Holdings PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

MACOM Technology Solutions Holdings's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=95.58/1.040
=91.9

MACOM Technology Solutions Holdings's Share Price of today is $95.58.
MACOM Technology Solutions Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.04.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


MACOM Technology Solutions Holdings  (NAS:MTSI) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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.


MACOM Technology Solutions Holdings PE Ratio Related Terms

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MACOM Technology Solutions Holdings (MACOM Technology Solutions Holdings) Business Description

Traded in Other Exchanges
Address
100 Chelmsford Street, Lowell, MA, USA, 01851
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.
Executives
Robert Dennehy officer: SVP, Operations 100 CHELMSFORD STREET, LOWELL MA 01851
Stephen G Daly director 100 CHELMSFORD STREET, LOWELL MA 01851
Douglas J Carlson officer: SVP & GM, RF & Microwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC., 100 CHELMSFORD ST., LOWELL MA 01851
Dong Hyun Hwang officer: SVP, Global Sales 100 CHELMSFORD STREET, LOWELL MA 01851
John Kober officer: Senior VP and CFO MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD STREET, LOWELL MA 01851
Ambra R. Roth officer: SVP, GC, HR & Secretary C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
John L Ocampo director, 10 percent owner, officer: Chairman 100 CHELMSFORD STREET, LOWELL MA 01851
Geoffrey G Ribar director
Wayne Mack Struble officer: SVP, Advanced Semiconductor C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Jihye Whang Rosenband director C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Peter Y Chung director, other: Indirect GP of 10% Owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Charles R Bland director
John Ritchie director 303 VELOCITY WAY, FOSTER CITY X1 94404
Hegarty Conor Noel officer: PFO and PAO C/O MACOM TECHNOLOGY SOLUTIONS HOLDINGS, 100 CHELMSFORD STREET, LOWELL MA 01851
Vivek Rajgarhia officer: SVP & GM, Lightwave MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC, 100 CHELMSFORD ST., LOWELL MA 01851