What is AMAT's five-year median P/E?

The median, or middle weekly reading, is 20.7× over the last five years. Available history contains 854 weekly observations from Jun 14, 2010 to Oct 19, 2026.

Does a low historical rank mean a stock is a buy?

No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.

Applied Materials (AMAT) P/E ratio history

Above its usual range

As of Oct 22, 2026

AMAT's P/E of 35.3x is higher than 86% of its available weekly readings from the last five years.

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P/E at year-end

Last weekly reading of each completed year. Rank runs from lowest (0%) to highest (100%) within the five years available on that date.

AMAT year-end valuation history
Reading date	P/E	5-year rank
Dec 29, 2025	31.0×	97%
Dec 30, 2024	19.8×	49%
Dec 25, 2023	20.0×	66%
Dec 26, 2022	13.1×	25%
Dec 27, 2021	24.6×	83%
Dec 28, 2020	22.0×	84%
Dec 30, 2019	21.4×	76%
Dec 31, 2018	10.3×	2%
Dec 25, 2017	16.1×	8%
Dec 26, 2016	20.7×	43%

Peers on the same measure

Stock	P/E	5-year rank
KLACKLA	44.6×	87%
LRCXLam Research	45.3×	86%
AAPLApple	39.5×	96%
ACNAccenture	17.7×	12%

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About this history

What is AMAT's current P/E?: AMAT's P/E of 35.3x is higher than 86% of its available weekly readings from the last five years.
What is AMAT's five-year median P/E?: The median, or middle weekly reading, is 20.7× over the last five years. Available history contains 854 weekly observations from Jun 14, 2010 to Oct 19, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank describes a stock’s own history. Changes in growth, financial risk and the business can change the multiple investors pay. P/E uses earnings and P/S uses revenue from the previous twelve months.