>
Switch to:

Aehr Test Systems PE Ratio

: 221.00 (As of Today)
View and export this data going back to 1997. Start your Free Trial

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 (2022-01-28), Aehr Test Systems's share price is $11.05. Aehr Test Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2021 was $0.05. Therefore, Aehr Test Systems's PE Ratio for today is 221.00.


The historical rank and industry rank for Aehr Test Systems's PE Ratio or its related term are showing as below:

NAS:AEHR' s PE Ratio Range Over the Past 10 Years
Min: 62   Med: 123.04   Max: 514.4
Current: 221

62
514.4

During the past 13 years, the highest PE Ratio of Aehr Test Systems was 514.40. The lowest was 62.00. And the median was 123.04.


NAS:AEHR's PE Ratio is ranked lower than
97% of the 652 Companies
in the Semiconductors industry.

( Industry Median: 23.79 vs. NAS:AEHR: 221.00 )

Aehr Test Systems's Earnings per Share (Diluted) for the three months ended in Nov. 2021 was $0.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2021 was $0.05.

As of today (2022-01-28), Aehr Test Systems's share price is $11.05. Aehr Test Systems's EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2021 was $0.05. Therefore, Aehr Test Systems's PE Ratio without NRI for today is 221.00.

During the past 13 years, Aehr Test Systems's highest PE Ratio without NRI was 514.40. The lowest was 62.00. And the median was 123.04.

Aehr Test Systems's EPS without NRI for the three months ended in Nov. 2021 was $0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2021 was $0.05.

During the past 13 years, Aehr Test Systems's highest 3-Year average EPS without NRI Growth Rate was 52.50% per year. The lowest was -81.70% per year. And the median was -13.05% per year.

Aehr Test Systems's EPS (Basic) for the three months ended in Nov. 2021 was $0.03. Its EPS (Basic) for the trailing twelve months (TTM) ended in Nov. 2021 was $0.05.


Aehr Test Systems PE Ratio Historical Data

The historical data trend for Aehr Test Systems'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.

Aehr Test Systems Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 130.00 At Loss At Loss At Loss

Aehr Test Systems Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 At Loss At Loss At Loss At Loss 348.40

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Aehr Test Systems'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.

   

Aehr Test Systems PE Ratio Distribution

For the Semiconductors industry and Technology sector, Aehr Test Systems's PE Ratio distribution charts can be found below:

* The bar in red indicates where Aehr Test Systems's PE Ratio falls into.



Aehr Test Systems 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.

Aehr Test Systems's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=11.05/0.050
=221.00

Aehr Test Systems's Share Price of today is $11.05.
Aehr Test Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.05.

* 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 or PE Ratio (TTM), 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.


Aehr Test Systems  (NAS:AEHR) 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.


Aehr Test Systems PE Ratio Related Terms

Thank you for viewing the detailed overview of Aehr Test Systems's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aehr Test Systems Business Description

Aehr Test Systems logo
Industry
Technology » Semiconductors NAICS : 334515 SIC : 3825
Traded in Other Exchanges
Address
400 Kato Terrace, Fremont, CA, USA, 94539
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for the company's products in package, wafer level, and singulated die/module level test. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
Executives
Rosati Mario M director 650 PAGE MILL RD PALO ALTO CA 94304
Slayen Howard T director 15353 BARRANCA PARKWAY IRVINE CA 92618
Oliphant Laura director C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Scott Geoffrey Gates director C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Posedel Rhea J director C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Erickson Gayn director, officer: President and CEO C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Spink Kenneth B. officer: VP of Finance and CFO C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Richmond Donald P. Ii officer: VP of Engineering C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Fucci David other: Former VP of Operations C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Hendrickson David S officer: CTO 400 KATO TERRACE FREMONT CA 94539
Schneider John M. director 905 BEAVER ST. SEWICKLEY PA 15143
Rogers Vernon officer: Exec. VP Sales and Marketing C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Brannan Michael A. officer: VP of Operations C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Sano Kunio officer: President of Aehr Test Japan AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539
Buck Carl N other: Former VP of Marketing C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539

Aehr Test Systems Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)