Last 48 quarters of trend data · Technology · Semiconductor Equipment & Materials
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 839.66 | 124.27 | 465.37 | — | — | — | — | — | — | 170.52 | 3.55 | — | 28.07 | 80.87 | 39.96 | 59.26 | 50.88 | 177.32 | 10.33 | 43.76 | 172.13 |
| — | — | — | — | — | — | — | — | — | +110.9% | -91.1% | — | -44.8% | -54.4% | +286.8% | +35.4% | -70.4% | +160.5% | -56.5% | — | — | |
| P/S Ratio | 23.10 | 26.50 | 35.84 | 27.85 | 17.46 | 17.02 | 5.05 | 3.91 | 6.55 | 8.59 | 5.11 | 15.52 | 7.97 | 18.32 | 10.96 | 14.23 | 12.79 | 9.81 | 2.95 | 6.42 | 12.84 |
| — | +55.8% | +610.0% | +611.5% | +166.4% | +98.1% | -1.1% | -74.8% | -17.8% | -53.1% | -53.4% | +9.1% | -37.7% | +86.8% | +271.6% | +121.7% | -0.4% | +17.1% | +67.5% | +105.3% | +124.0% | |
| P/B Ratio | 7.48 | 15.75 | 12.90 | 8.28 | 5.28 | 6.10 | 2.32 | 2.31 | 2.86 | 3.68 | 3.04 | 5.43 | 7.84 | 18.86 | 12.92 | 14.27 | 13.38 | 8.12 | 4.70 | 8.92 | 12.08 |
| — | +158.3% | +457.1% | +258.7% | +84.4% | +65.8% | -23.8% | -57.5% | -63.5% | -80.5% | -76.5% | -62.0% | -41.4% | +132.1% | +175.1% | +60.0% | +10.7% | -38.9% | -0.1% | +42.0% | +237.8% | |
| P/FCF | — | — | 657.30 | — | — | — | — | — | — | 51.62 | 71.96 | — | — | 104.47 | 52.12 | — | — | 19.46 | — | — | 37.82 |
| — | — | — | — | — | — | — | — | — | -50.6% | +38.1% | — | — | +436.8% | — | — | — | -25.3% | — | — | — | |
| EV / EBITDA | — | 126.00 | — | — | — | — | — | — | — | 144.68 | 25.41 | — | 28.48 | 86.22 | 41.41 | 61.49 | 51.57 | 175.16 | 8.85 | 38.75 | 145.04 |
| — | — | — | — | — | — | — | — | — | +67.8% | -38.6% | — | -44.8% | -50.8% | +367.8% | +58.7% | -64.4% | — | -56.0% | — | — | |
| EV / EBIT | — | 122.85 | 1225.36 | — | — | — | — | — | — | 128.86 | 23.70 | — | 26.17 | 78.19 | 38.91 | 58.38 | 49.42 | 158.89 | 9.00 | 39.88 | 152.95 |
| — | — | — | — | — | — | — | — | — | +64.8% | -39.1% | — | -47.0% | -50.8% | +332.3% | +46.4% | -67.7% | +151.2% | -61.5% | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.3% | 47.5% | 40.6% | 32.7% | 25.7% | 33.9% | 30.3% | 39.2% | 40.1% | 54.0% | 50.9% | 41.7% | 51.1% | 48.4% | 51.5% | 51.6% | 53.4% | 42.0% | 51.6% | 41.9% | 47.0% |
| — | +40.0% | +33.9% | -16.8% | -35.9% | -37.2% | -40.4% | -6.0% | -21.5% | +11.5% | -1.3% | -19.1% | -4.2% | +15.2% | -0.1% | +23.2% | +13.6% | +3.9% | +11.5% | +16.4% | +109.9% | |
| Operating Margin | -28.3% | 18.3% | -5.0% | -41.0% | -49.2% | -37.1% | -16.6% | -6.1% | -11.2% | 1.2% | 15.3% | -27.1% | 25.5% | 20.0% | 25.3% | 22.0% | 23.5% | 4.3% | 28.7% | 14.8% | 7.5% |
| — | +149.4% | +69.7% | -570.9% | -337.8% | -3158.4% | -208.5% | +77.4% | -144.1% | -93.9% | -39.6% | -222.7% | +8.5% | +364.9% | -11.7% | +49.3% | +215.3% | +124.4% | +264.6% | +219.2% | +106.5% | |
| Net Margin | -14.3% | 21.8% | 7.0% | -31.1% | -32.7% | -19.0% | -20.6% | -3.5% | -7.6% | 5.0% | 143.8% | -19.4% | 28.4% | 22.7% | 27.4% | 24.0% | 25.1% | 5.5% | 28.6% | 14.7% | 7.5% |
| — | +214.5% | +134.2% | -784.3% | -327.7% | -477.6% | -114.3% | +81.9% | -126.9% | -77.8% | +423.9% | -181.0% | +13.0% | +310.6% | -3.9% | +63.6% | +237.0% | -55.2% | +284.7% | +205.2% | +106.4% |
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.2% | 3.3% | 0.8% | -2.4% | -2.6% | -1.7% | -2.3% | -0.5% | -0.8% | 0.6% | 24.1% | -1.7% | 7.3% | 6.0% | 8.5% | 6.6% | 6.9% | 1.1% | 12.2% | 5.3% | 2.6% |
| — | +291.4% | +133.1% | -357.2% | -204.9% | -401.4% | -109.7% | +69.3% | -111.5% | -90.6% | +184.3% | -125.7% | +5.7% | +422.3% | -30.5% | +24.7% | +164.6% | -78.8% | +136.0% | +176.5% | +115.3% | |
| ROA | -3.6% | 2.8% | 0.7% | -2.1% | -2.2% | -1.4% | -2.0% | -0.4% | -0.7% | 0.5% | 20.8% | -1.5% | 5.9% | 4.6% | 6.7% | 5.4% | 5.8% | 1.0% | 9.7% | 3.9% | 1.7% |
| — | +299.5% | +135.0% | -369.0% | -209.2% | -395.5% | -109.5% | +69.2% | -112.1% | -89.5% | +210.6% | -126.7% | +2.1% | +382.9% | -30.8% | +40.1% | +230.7% | -68.8% | +246.3% | +195.1% | +115.9% | |
| ROIC | -9.6% | 3.8% | -0.7% | -2.9% | -3.3% | -2.8% | -1.7% | -0.9% | -1.2% | 0.1% | 3.3% | -3.5% | 10.4% | 7.1% | 7.7% | 5.9% | 9.6% | 1.9% | 25.9% | 16.6% | 6.5% |
| — | +235.5% | +60.6% | -235.5% | -174.2% | -1969.8% | -150.2% | +75.5% | -111.6% | -97.9% | -56.6% | -158.8% | +9.1% | +277.6% | -70.3% | -64.4% | +46.7% | +126.3% | +544.9% | +470.6% | +146.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.04 | 0.05 | 0.07 | 0.08 | 0.09 | 0.09 | 0.05 | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 |
| — | -49.1% | -48.9% | +39.3% | +48.8% | +58.4% | +58.7% | -28.9% | -29.0% | -30.0% | -33.4% | -21.7% | +576.9% | +395.3% | +322.4% | +243.4% | -67.8% | -85.6% | -95.3% | -94.3% | -90.3% | |
| Debt / EBITDA | — | 1.45 | — | — | — | — | — | — | — | 9.25 | 2.13 | — | 1.14 | 1.47 | 1.10 | 1.62 | 0.17 | 1.49 | 0.17 | 0.51 | 1.74 |
| — | — | — | — | — | — | — | — | — | +527.1% | +94.2% | — | +565.3% | -0.9% | +542.5% | +217.3% | -90.1% | — | -97.6% | — | — | |
| Current Ratio | 10.33 | 7.15 | 10.33 | 10.97 | 10.62 | 7.06 | 5.68 | 5.71 | 7.55 | 6.03 | 9.31 | 10.06 | 11.53 | 5.00 | 5.46 | 8.16 | 6.10 | 5.99 | 5.45 | 4.31 | 3.39 |
| — | +1.3% | +82.0% | +92.2% | +40.6% | +17.1% | -39.0% | -43.3% | -34.5% | +20.6% | +70.6% | +23.3% | +89.1% | -16.6% | +0.2% | +89.2% | +79.9% | +142.0% | +157.3% | +82.1% | +5.8% | |
| Quick Ratio | 8.01 | 5.21 | 8.01 | 6.26 | 5.47 | 3.54 | 2.99 | 3.07 | 3.82 | 3.24 | 5.75 | 5.91 | 7.28 | 3.36 | 3.99 | 5.85 | 4.43 | 4.25 | 4.08 | 3.21 | 2.60 |
| — | +47.1% | +167.9% | +103.7% | +43.4% | +9.4% | -47.9% | -48.0% | -47.5% | -3.5% | +43.9% | +1.0% | +64.5% | -21.0% | -2.2% | +82.5% | +70.1% | +222.4% | +257.9% | +176.1% | +119.6% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 752.00 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AEHR stock.
Aehr Test Systems's current P/E is 839.7x. The average P/E over the last 2 quarters is 294.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Aehr Test Systems's current operating margin is -28.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Aehr Test Systems's business trajectory between earnings reports.