ASML NV P/E
What is the P/E of ASML NV?
The P/E of ASML Holding NV is 123.29
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Technology sector on NASDAQ compared to ASML NV
What does ASML NV do?
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.
Companies with p/e similar to ASML NV
- Mannkind Corp has P/E of 122.60
- Bata India has P/E of 122.67
- HDFC Life Insurance has P/E of 122.77
- Waterloo Brewing has P/E of 122.86
- Morganite Crucible (India) has P/E of 123.24
- Disa India has P/E of 123.29
- ASML NV has P/E of 123.29
- Alibaba Health Information Tech has P/E of 123.33
- Essentra Plc has P/E of 123.38
- Genesys International has P/E of 123.48
- Mincon plc has P/E of 123.68
- Subros has P/E of 123.69
- Peloton Inte.A Dl ,000025 has P/E of 123.73