ASML Holding NV (ASML) valuation
ASML Holding NV P/E ratio history
ASML Holding NV trades at 39.0 times its earnings over the last twelve months. At its last 10 fiscal year ends its P/E ranged from 21.2 (year to Dec 2018) to 47.4 (year to Dec 2020), with a median of 36.1.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $1,070 | $28.44 | 37.6 |
| Dec 31, 2024 | $693.08 | $20.65 | 33.6 |
| Dec 31, 2023 | $756.92 | $21.55 | 35.1 |
| Dec 31, 2022 | $546.40 | $14.72 | 37.1 |
| Dec 31, 2021 | $796.14 | $16.95 | 47.0 |
| Dec 31, 2020 | $487.72 | $10.29 | 47.4 |
| Dec 31, 2019 | $295.94 | $6.83 | 43.3 |
| Dec 31, 2018 | $155.62 | $7.34 | 21.2 |
| Dec 31, 2017 | $173.82 | $5.28 | 32.9 |
| Dec 31, 2016 | $112.20 | $4.12 | 27.2 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
ASML Holding NV valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| ASML Holding NVASML | $602B | 39.0 | — | 13.3 |
| Advanced Micro DevicesAMD | $823B | 129.8 | 43.2 | 19.9 |
| CiscoCSCO | $412B | 31.4 | 20.3 | 6.5 |
| Micron TechnologyMU | $999B | 11.9 | 5.0 | 7.5 |
| Applied MaterialsAMAT | $310B | 33.7 | 22.9 | 10.0 |
| Lam ResearchLRCX | $299B | 35.6 | 23.3 | 11.5 |
| Dell TechnologiesDELL | $275B | 24.7 | 15.1 | 1.8 |
| BroadcomAVGO | $1.55T | 41.6 | 18.6 | 17.4 |
| GE VernovaGEV | $228B | 22.6 | 36.8 | 5.2 |
| Peer median | 32.5 | 21.6 | 8.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: ASML financials · ASML returns
No forecast, no recommendation. This page describes ASML Holding NV from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.