Is Applied Materials, Inc. overvalued?

Applied Materials, Inc. (AMAT) looks overvalued — trading about 74% above its fair value.

Overvalued

Price

$626.84

Fair value

$163.50

Current P/E

72.4

Normal P/E

18.9

Market cap

$497.69B

Dividend yield

0.7%

Return on equity

34.3%

Sector

Technology

Fair value compares AMAT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 28 Jun 2026.

Related stocks