Applied Materials (AMAT) fundamentals: P/E, valuation, undervalued?
Applied Materials · Information Technology · ref. ETF XLK · price $464.24
In short — Applied Materials trades at 40.1× earnings (P/E), 25.1× forward, with a net margin of 30.1 % and revenue growth of +25 %. Read: Cheap for the growth (P/E 25 for ~43% growth (PEG 0.6)).
Is Applied Materials stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$464.24+112.8% over range
Oct 14, 25low $218.19 · high $723Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
93% recommend buying · 27 analysts
Valuation : Cheap for the growth — P/E 25 for ~43% growth (PEG 0.6)
Valuation
40.1
P/E (price/earnings)
25.1
Forward P/E
0.94
PEG
14.4
Price/book (P/B)
$368.4B
Market cap
11.59
EPS
Profitability & growth
30.1 %
Net margin
+25 %
Revenue growth
+43 %
Earnings growth
$7.3B
Total debt
Applied Materials income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $25.8B | $6.5B | 25.3 % |
| 2023 | $26.5B | $6.9B | 25.9 % |
| 2024 | $27.2B | $7.2B | 26.4 % |
| 2025 | $28.4B | $7.0B | 24.7 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Applied Materials's P/E and is the stock undervalued? What's a good P/E?
Applied Materials's P/E is 40.1 (forward 25.1). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Applied Materials profitable?
Applied Materials has a net margin of 30.1 % (EPS 11.59). The company is profitable.
Is AMAT stock expensive?
Our read: "Cheap for the growth" — P/E 25 for ~43% growth (PEG 0.6). Cross-check with growth and sector.
💬 A question about Applied Materials? The JPI assistant answers using our backtest data.