Intrinsiqs

Is Applied Materials, Inc. overvalued?

Applied Materials, Inc. (AMAT) looks overvalued — trading about 55% above its fair value.

Overvalued
Current price $370.50 Fair value $164.97
Price
$370.50
Fair value
$164.97
Current P/E
42.8
Normal P/E
19.1
Market cap
$294.03B
Dividend yield
0.5%
Return on equity
40.4%
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 12 Nov 2026.