Intrinsiqs

Is Applied Materials, Inc. overvalued?

Applied Materials, Inc. (AMAT) looks overvalued — trading about 70% above its fair value.

Overvalued
Current price $548.15 Fair value $164.97
Price
$548.15
Fair value
$164.97
Current P/E
63.3
Normal P/E
19.1
Market cap
$435.21B
Dividend yield
0.4%
Return on equity
39.8%
Sector
Technology

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Fair value compares AMAT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.