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TSEMTower Semiconductor Ltd.
$286.74$32.8B
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HomeStocksTSEMP/E History

TSEM logoTower Semiconductor Ltd. (TSEM) P/E Ratio History

Expensive

Trading at 147.8x vs 5Y avg 26.0x · 100th percentile · Material premium to history · Data 2014–2026

Current P/E (TTM)
147.8x
+469% vs 5Y avg
5Y Avg P/E
26.0x
Median 24.9x
5Y Percentile
100th
Upper end of range
PEG Ratio
7.17
Premium to growth
5-Year P/E Range
147.8x
Min5.0xMedian24.9xMax81.6x
TTM EPS$2.15
Price$286.74
Earnings Yield0.68%
EPS Growth (1Y)4.9%
EPS Growth (5Y)20.6%

Loading P/E history...

P/E Ratio Analysis

As of June 21, 2026, Tower Semiconductor Ltd. (TSEM) trades at a price-to-earnings ratio of 147.8x, with a stock price of $286.74 and trailing twelve-month earnings per share of $2.15.

The current P/E is 469% above its 5-year average of 26.0x. Over the past five years, TSEM's P/E has ranged from a low of 5.0x to a high of 81.6x, placing the current valuation at the 100th percentile of its historical range.

Compared to the Technology sector median P/E of 29.0x, TSEM trades at a 410% premium to its sector peers. The sector includes 352 companies with P/E ratios ranging from 0.0x to 187.7x.

The PEG ratio of 7.17 (P/E divided by 5% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.

Relative to the broader market, TSEM commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TSEM DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

TSEM Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Technology
147.8vs29.0
+410%
Above Sector
vs. S&P 500
147.8vs24.4
+505%
Above Market
PEG Analysis
7.17
P/E ÷ EPS Growth
PEG > 2 = Expensive
Based on 5% EPS growth (1Y)

TSEM P/E vs Peers

Semiconductor Foundries and Manufacturing Services peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
GFS logoGFSGLOBALFOUNDRIES Inc.
$48B54.0-+431%
UMC logoUMCUnited Microelectronics Corporation
$60B45.56.25-11%
ON logoONON Semiconductor Corporation
$48B419.4--92%
SWKS logoSWKSSkyworks Solutions, Inc.
$11B23.5--17%
QRVO logoQRVOQorvo, Inc.
$9B27.2-+524%Best
AMAT logoAMATApplied Materials, Inc.
$490B71.34.15+1%
LRCX logoLRCXLam Research Corporation
$486B93.74.18+43%
KLAC logoKLACKLA Corporation
$34B8.5Lowest0.27Best+50%

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

TSEM Historical P/E Data (2014–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q1-$175.48$2.1581.6x+259%
FY2025 Q4Dec 31 2025$117.42$1.9360.8x+167%
FY2025 Q3-$72.30$1.7242.0x+85%
FY2025 Q2Jun 30 2025$43.35$1.7424.9x+9%
FY2025 Q1Mar 31 2025$35.66$1.8119.7x-13%
FY2024 Q4-$51.51$1.8627.7x+22%
FY2024 Q3Sep 30 2024$44.26$1.8523.9x+5%
FY2024 Q2Jun 30 2024$39.31$4.438.9x-61%
FY2024 Q1Mar 31 2024$33.45$4.417.6x-67%
FY2023 Q4Dec 31 2023$30.52$4.656.6x-71%
FY2023 Q3Sep 30 2023$24.56$4.925.0x-78%
FY2023 Q2Jun 30 2023$37.52$2.4715.2x-33%
FY2023 Q1Mar 31 2023$42.47$2.5416.7x-27%
FY2022 Q4Dec 31 2022$43.20$2.3918.1x-21%
FY2022 Q3Sep 30 2022$43.94$2.1120.8x-8%
FY2022 Q2-$46.18$1.8525.0x+10%
FY2022 Q1-$48.40$1.6030.3x+33%
FY2021 Q4Dec 31 2021$39.68$1.3729.0x+27%
FY2021 Q3-$29.90$1.1825.3x+11%
FY2021 Q2Jun 30 2021$29.43$0.9630.7x+35%
FY2021 Q1Mar 31 2021$28.04$0.8632.6x+43%
FY2020 Q4-$25.82$0.7634.0x+49%
FY2020 Q3Sep 30 2020$18.22$0.6727.2x+19%
FY2020 Q2-$19.09$0.7425.8x+13%
FY2020 Q1-$15.92$0.7620.9x-8%
FY2019 Q4-$24.06$0.8528.3x+24%
FY2019 Q3Sep 30 2019$19.24$1.0218.9x-17%
FY2019 Q2Jun 30 2019$15.77$1.1413.8x-39%
FY2019 Q1Mar 31 2019$16.56$1.3112.6x-44%
FY2018 Q4Dec 31 2018$14.74$1.3211.2x-51%
FY2018 Q3Sep 30 2018$21.76$2.369.2x-59%
FY2018 Q2Jun 30 2018$22.01$2.578.6x-62%
FY2018 Q1Mar 31 2018$26.91$2.6910.0x-56%
FY2017 Q4Dec 31 2017$34.08$2.8811.8x-48%
FY2017 Q3Sep 30 2017$30.75$1.9715.6x-31%
FY2017 Q2Jun 30 2017$23.85$1.9512.2x-46%
FY2017 Q1Mar 31 2017$23.05$1.8612.4x-46%
FY2016 Q4Dec 31 2016$19.03$2.109.1x-60%
FY2016 Q3Sep 30 2016$15.18$1.868.2x-64%
FY2016 Q2-$12.42$1.508.3x-64%
FY2016 Q1-$12.12$1.1910.2x-55%
FY2014 Q4Dec 31 2014$13.33$0.1495.2x+318%

Average P/E for displayed period: 22.8x

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TSEM — Frequently Asked Questions

Quick answers to the most common questions about buying TSEM stock.

What is TSEM's P/E ratio?

Tower Semiconductor Ltd. (TSEM) trailing twelve-month P/E ratio is 147.8x, based on TTM diluted EPS of $2.15. The 5-year average P/E is 26.0x and the historical range spans 5.0x to 81.6x.

Is TSEM stock overvalued or undervalued?

TSEM trades at 147.8x P/E, above its 5-year average of 26.0x. The 100th percentile ranking within the 5.0x–81.6x historical range indicates a premium to historical valuation.

Is TSEM stock expensive?

Yes, TSEM is expensive relative to its own history. The current P/E of 147.8x is above the 5-year average of 26.0x and also above the Technology sector median of 29.0x. The stock sits at the 100th percentile of its 5-year valuation range.

What is TSEM's historical P/E range?

Over the past 5 years, TSEM's P/E ratio has ranged from 5.0x to 81.6x, with a median of 24.9x and an average of 26.0x. The current P/E of 147.8x places the stock at the 100th percentile of this range. Full historical data spans 2014–2026.

How does TSEM's P/E compare to the S&P 500?

TSEM trades at 147.8x P/E versus the S&P 500 median of 24.4x. The 506% premium to the market typically reflects higher expected earnings growth or quality.

How does TSEM's valuation compare to Technology peers?

Tower Semiconductor Ltd. P/E of 147.8x compares to the Technology sector median of 29.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is TSEM's PEG ratio?

TSEM PEG ratio is 7.17, based on a P/E of 147.8x and EPS growth of 4.9%. A PEG above 2.0 indicates a premium valuation relative to earnings growth — typically considered expensive.

What is TSEM's earnings yield?

TSEM earnings yield is 0.68%, the inverse of its 147.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

TSEM P/E Ratio History (2014–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current81.6x
Period Avg26.0x
Range5.0x - 81.6x
Change+166%
20 quartersJun 30, 2021 - Mar 31, 2026