Question 1

What is AMD's P/E ratio?

Accepted Answer

AMD (AMD) P/E ratio is 181.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for AMD?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For AMD specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is AMD's P/E ratio high or low?

Accepted Answer

AMD's P/E ratio of 181.9× is above its own 5-year average of 153.9× and above the sector median of 29.4×. That places the current reading at the 76th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is AMD's historical P/E ratio range?

Accepted Answer

In the available daily series, AMD (AMD) P/E ratio has ranged from a low of 3.6× in 2011 to a high of 1412.3× in 2024. The 5-year average is 153.9× and the 5-year median is 79.1×.

Question 7

What was AMD's P/E ratio in 2025?

Accepted Answer

AMD (AMD) P/E ratio at the end of 2025 was 80.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does AMD's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$350B	$4.34B	80.8×	-43.0×	Dec 27, 2025
2024	$203B	$1.64B	123.8×	-155.1×	Dec 28, 2024
2023	$238B	$854M	278.9×	+199.8×	Dec 30, 2023
2022	$104B	$1.32B	79.1×	+23.3×	Dec 31, 2022
2021	$177B	$3.16B	55.8×	+11.4×	Dec 25, 2021
2020	$111B	$2.49B	44.4×	-110.0×	Dec 26, 2020
2019	$52.6B	$341M	154.4×	+101.4×	Dec 28, 2019
2018	$17.9B	$337M	53.0×	-158.1×	Dec 29, 2018
2017	$9.92B	$47M	211.1×	—	Dec 30, 2017
2016	$10.6B	-$497M	—	—	Dec 31, 2016
2015	$2.31B	-$660M	—	—	Dec 26, 2015
2014	$2.06B	-$403M	—	—	Dec 27, 2014
2013	$2.87B	-$83M	—	—	Dec 28, 2013
2012	$1.7B	-$1.18B	—	—	Dec 29, 2012
2011	$3.94B	$491M	8.0×	-4.2×	Dec 31, 2011
2010	$5.75B	$471M	12.2×	-6.0×	Dec 25, 2010
2009	$6.84B	$376M	18.2×	—	Dec 26, 2009
2008	$1.34B	-$3.12B	—	—	Dec 27, 2008
2007	$4.26B	-$3.38B	—	—	Dec 29, 2007
2006	$10.6B	-$164M	—	—	Dec 31, 2006
2005	$13.2B	$165M	79.6×	-10.7×	Dec 25, 2005
2004	$8.23B	$91.2M	90.3×	—	Dec 26, 2004
2003	$5.33B	-$274M	—	—	Dec 28, 2003
2002	$2.18B	-$1.3B	—	—	Dec 29, 2002


Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for AMD (AMD) 2004-2026

P/E Ratio daily chart for AMD (AMD)

Historical P/E Ratio for AMD (AMD) from 2002 to 2025

About P/E Ratio at AMD (AMD)

AMD P/E Ratio by Year

AMD P/E Ratio 2025: 80.8×

AMD P/E Ratio 2024: 123.8×

AMD P/E Ratio 2023: 278.9×

AMD P/E Ratio 2022: 79.1×

AMD P/E Ratio 2021: 55.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

AMD (AMD) Key Financials