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ASML Holding NV PE Ratio

: 49.77 (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 (2022-01-17), ASML Holding NV's share price is €657.40. ASML Holding NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was €13.21. Therefore, ASML Holding NV's PE Ratio for today is 49.77.


The historical rank and industry rank for ASML Holding NV's PE Ratio or its related term are showing as below:

MIL:ASML' s PE Ratio Range Over the Past 10 Years
Min: 6.51   Med: 30.65   Max: 61.28
Current: 48.61

6.51
61.28

During the past 13 years, the highest PE Ratio of ASML Holding NV was 61.28. The lowest was 6.51. And the median was 30.65.


MIL:ASML's PE Ratio is ranked lower than
72% of the 654 Companies
in the Semiconductors industry.

( Industry Median: 25.92 vs. MIL:ASML: 48.61 )

ASML Holding NV's Earnings per Share (Diluted) for the three months ended in Sep. 2021 was €4.26. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was €13.21.

As of today (2022-01-17), ASML Holding NV's share price is €657.40. ASML Holding NV's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was €13.21. Therefore, ASML Holding NV's PE Ratio without NRI for today is 49.77.

During the past 13 years, ASML Holding NV's highest PE Ratio without NRI was 61.28. The lowest was 6.51. And the median was 30.65.

ASML Holding NV's EPS without NRI for the three months ended in Sep. 2021 was €4.26. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 was €13.21.

During the past 12 months, ASML Holding NV's average EPS without NRI Growth Rate was 66.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was 21.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 21.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 12.50% per year.

During the past 13 years, ASML Holding NV's highest 3-Year average EPS without NRI Growth Rate was 52.70% per year. The lowest was -7.30% per year. And the median was 8.30% per year.

ASML Holding NV's EPS (Basic) for the three months ended in Sep. 2021 was €4.27. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2021 was €13.23.


ASML Holding NV PE Ratio Historical Data

The historical data trend for ASML Holding NV'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.

ASML Holding NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.30 30.30 22.56 42.88 46.88

ASML Holding NV Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 39.63 46.88 48.09 50.47 48.89

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.

   

ASML Holding NV PE Ratio Distribution

For the Semiconductors industry and Technology sector, ASML Holding NV's PE Ratio distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's PE Ratio falls into.



ASML Holding NV 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.

ASML Holding NV's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=657.40/13.210
=49.77

ASML Holding NV's Share Price of today is €657.40.
ASML Holding NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.21.

* 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.


ASML Holding NV  (MIL:ASML) 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.


ASML Holding NV PE Ratio Related Terms

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ASML Holding NV Business Description

ASML Holding NV logo
Industry
Technology » Semiconductors NAICS : 333249 SIC : 0
Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
Founded in 1984 and based in the Netherlands, ASML is a leading manufacturer of photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photomask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a meaningful portion of the cost of making cutting-edge chips. Chipmakers require next-generation EUV lithography tools from ASML to continue past the 7-nanometer process node. ASML's products are used at every major semiconductor manufacturer, including Intel, Samsung, and TSMC.

ASML Holding NV Headlines

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