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Photronics share price today

Photronics, Inc. · PLAB · Technology · Semiconductor Equipment & Materials · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Photronics share price: $27.38 at the close on 4 November 2026, +26.1% in a year.

Turning aroundBusiness trend from the last 12 quarters
$27.38Price +26.1% in a year
9.7×P/E lower than 78% of the last 4.5 years
$216 MRevenue (Aug 2026) +2.7% on a year ago
$28.9 MProfit (Aug 2026) +26.3% on a year ago
21.1%Operating margin −1.8 points on a year ago
9%ROE FY25
15.9%ROIC against a 11.5% cost of capital: +4.4 points

Photronics, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.5 years, higher than only 22% of past readings.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been moving sideways for 20 weeks, and the P/E is lower than 78% of its own last 4.5 years. Over the last four quarters, results have been improving, with profit +26.3% on a year earlier, and 207% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Photronics share price today?

Photronics, Inc.'s share price was $27.38 at the close on 4 November 2026. It has been moving sideways for 20 weeks. That is 22.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $21 and $54, and at that close it sat 19% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Photronics, Inc. is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 5 weeks running.

1Y

Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.

  • Price $27.38
  • 50-day avg $29.02
  • 200-day avg $35.34
Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$23.90$23.41$20.98
7 Nov 2025$21.71$23.42$20.95
14 Nov 2025$21.12$23.38$20.92
21 Nov 2025$21.06$23.20$20.87
28 Nov 2025$22.91$23.12$20.87
5 Dec 2025$24.15$23.02$20.90
12 Dec 2025$36.31$23.97$21.20
19 Dec 2025$33.09$24.96$21.53
26 Dec 2025$33.73$25.85$21.79
2 Jan 2026$33.41$26.59$22.03
9 Jan 2026$33.33$27.57$22.33
16 Jan 2026$34.53$28.54$22.65
23 Jan 2026$34.72$29.57$22.99
30 Jan 2026$34.57$30.94$23.42
6 Feb 2026$37.24$32.39$23.86
13 Feb 2026$38.80$33.89$24.34
20 Feb 2026$38.00$34.96$24.72
27 Feb 2026$37.43$35.34$25.21
6 Mar 2026$32.80$35.55$25.58
13 Mar 2026$33.55$35.57$25.93
20 Mar 2026$36.34$35.75$26.39
27 Mar 2026$39.60$36.57$26.96
2 Apr 2026$40.85$36.96$27.38
10 Apr 2026$44.90$37.69$27.98
17 Apr 2026$48.38$38.82$28.66
24 Apr 2026$52.27$40.15$29.42
1 May 2026$50.16$41.30$30.17
8 May 2026$53.64$42.53$30.97
15 May 2026$50.02$44.09$31.76
22 May 2026$51.46$45.63$32.49
29 May 2026$32.35$46.35$32.96
5 Jun 2026$29.15$45.54$33.22
12 Jun 2026$31.78$44.60$33.43
18 Jun 2026$33.63$43.86$33.61
26 Jun 2026$30.69$42.54$33.85
2 Jul 2026$28.86$41.14$34.02
10 Jul 2026$29.90$38.98$34.13
17 Jul 2026$28.85$36.93$34.26
24 Jul 2026$30.33$34.73$34.42
31 Jul 2026$30.29$32.72$34.58
7 Aug 2026$32.65$30.72$34.79
14 Aug 2026$33.32$30.76$35.02
21 Aug 2026$30.51$30.93$35.21
28 Aug 2026$27.73$30.73$35.38
4 Sep 2026$29.13$30.27$35.54
11 Sep 2026$28.99$30.09$35.71
18 Sep 2026$29.11$30.03$35.85
25 Sep 2026$30.40$30.10$35.99
2 Oct 2026$31.49$30.17$35.89
9 Oct 2026$29.62$30.26$35.81
16 Oct 2026$27.52$29.96$35.68
23 Oct 2026$28.15$29.50$35.54
30 Oct 2026$27.58$29.15$35.44
4 Nov 2026$27.38$29.02$35.34
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.

  • Price $27.38
  • 50-day avg $29.02
  • 200-day avg $35.34
Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$19.82$20.31$19.96
10 Nov 2023$20.24$19.96$19.99
17 Nov 2023$21.75$19.88$20.06
24 Nov 2023$21.37$19.99$20.11
1 Dec 2023$21.19$20.15$20.18
8 Dec 2023$20.88$20.27$20.26
15 Dec 2023$29.51$20.82$20.46
22 Dec 2023$31.26$21.78$20.79
29 Dec 2023$31.37$22.71$21.10
5 Jan 2024$28.78$23.55$21.36
12 Jan 2024$28.99$24.64$21.69
19 Jan 2024$31.11$25.46$21.95
26 Jan 2024$30.14$26.62$22.34
2 Feb 2024$30.64$27.46$22.71
9 Feb 2024$32.54$28.47$23.12
16 Feb 2024$33.42$29.67$23.59
23 Feb 2024$28.01$30.25$23.86
1 Mar 2024$29.69$30.38$24.19
8 Mar 2024$28.86$30.20$24.49
15 Mar 2024$27.88$29.96$24.72
22 Mar 2024$28.80$29.88$24.89
28 Mar 2024$28.32$29.82$25.00
5 Apr 2024$28.21$29.53$25.12
12 Apr 2024$27.63$29.35$25.23
19 Apr 2024$25.32$28.92$25.26
26 Apr 2024$28.28$28.40$25.30
3 May 2024$28.78$28.15$25.34
10 May 2024$28.92$28.25$25.44
17 May 2024$28.64$28.22$25.51
24 May 2024$26.38$28.02$25.54
31 May 2024$27.35$27.95$25.61
7 Jun 2024$25.73$27.71$25.71
14 Jun 2024$24.59$27.45$25.78
21 Jun 2024$24.94$27.17$25.80
28 Jun 2024$24.67$26.89$25.91
5 Jul 2024$25.48$26.82$26.01
12 Jul 2024$26.53$26.62$26.17
19 Jul 2024$25.82$26.46$26.34
26 Jul 2024$25.62$26.16$26.49
2 Aug 2024$22.05$25.69$26.57
9 Aug 2024$21.63$25.17$26.62
16 Aug 2024$23.80$24.79$26.72
23 Aug 2024$24.53$24.59$26.85
30 Aug 2024$25.86$24.55$26.96
6 Sep 2024$22.00$24.42$26.99
13 Sep 2024$23.65$24.20$27.02
20 Sep 2024$23.37$23.97$27.08
27 Sep 2024$24.80$23.71$27.16
4 Oct 2024$24.59$23.53$27.09
11 Oct 2024$24.20$23.45$26.92
18 Oct 2024$23.74$23.70$26.74
25 Oct 2024$23.60$23.78$26.59
1 Nov 2024$23.18$23.75$26.45
8 Nov 2024$25.49$23.80$26.28
15 Nov 2024$23.65$23.92$26.15
22 Nov 2024$24.89$24.07$25.98
29 Nov 2024$24.91$24.19$25.83
6 Dec 2024$25.25$24.29$25.69
13 Dec 2024$26.49$24.49$25.65
20 Dec 2024$24.04$24.60$25.54
27 Dec 2024$23.92$24.60$25.44
3 Jan 2025$24.12$24.62$25.36
10 Jan 2025$23.53$24.67$25.27
17 Jan 2025$24.57$24.74$25.16
24 Jan 2025$23.31$24.62$25.07
31 Jan 2025$22.99$24.42$24.93
7 Feb 2025$22.52$24.26$24.84
14 Feb 2025$22.27$24.00$24.71
21 Feb 2025$21.76$23.80$24.60
28 Feb 2025$20.84$23.26$24.40
7 Mar 2025$21.71$22.81$24.19
14 Mar 2025$21.26$22.50$24.04
21 Mar 2025$21.01$22.23$23.89
28 Mar 2025$20.60$21.98$23.77
4 Apr 2025$17.51$21.52$23.62
11 Apr 2025$18.05$21.03$23.45
17 Apr 2025$17.67$20.64$23.32
25 Apr 2025$18.67$20.19$23.14
2 May 2025$19.22$19.81$22.93
9 May 2025$19.45$19.61$22.75
16 May 2025$20.55$19.63$22.64
23 May 2025$19.47$19.53$22.57
30 May 2025$16.71$19.24$22.50
6 Jun 2025$18.11$18.87$22.35
13 Jun 2025$18.36$18.67$22.22
20 Jun 2025$18.21$18.74$22.10
27 Jun 2025$18.74$18.80$21.99
3 Jul 2025$20.26$18.96$21.93
11 Jul 2025$19.49$19.08$21.84
18 Jul 2025$19.22$19.14$21.72
25 Jul 2025$19.72$19.10$21.59
1 Aug 2025$19.79$19.12$21.51
8 Aug 2025$20.21$19.18$21.41
15 Aug 2025$20.71$19.53$21.35
22 Aug 2025$22.08$19.81$21.29
29 Aug 2025$22.67$20.24$21.24
5 Sep 2025$22.64$20.53$21.19
12 Sep 2025$22.53$20.84$21.15
19 Sep 2025$24.94$21.24$21.12
26 Sep 2025$23.22$21.74$21.10
3 Oct 2025$24.40$22.16$21.04
10 Oct 2025$21.82$22.43$20.99
17 Oct 2025$23.09$22.78$20.98
24 Oct 2025$23.92$23.09$20.97
31 Oct 2025$23.90$23.41$20.98
7 Nov 2025$21.71$23.42$20.95
14 Nov 2025$21.12$23.38$20.92
21 Nov 2025$21.06$23.20$20.87
28 Nov 2025$22.91$23.12$20.87
5 Dec 2025$24.15$23.02$20.90
12 Dec 2025$36.31$23.97$21.20
19 Dec 2025$33.09$24.96$21.53
26 Dec 2025$33.73$25.85$21.79
2 Jan 2026$33.41$26.59$22.03
9 Jan 2026$33.33$27.57$22.33
16 Jan 2026$34.53$28.54$22.65
23 Jan 2026$34.72$29.57$22.99
30 Jan 2026$34.57$30.94$23.42
6 Feb 2026$37.24$32.39$23.86
13 Feb 2026$38.80$33.89$24.34
20 Feb 2026$38.00$34.96$24.72
27 Feb 2026$37.43$35.34$25.21
6 Mar 2026$32.80$35.55$25.58
13 Mar 2026$33.55$35.57$25.93
20 Mar 2026$36.34$35.75$26.39
27 Mar 2026$39.60$36.57$26.96
2 Apr 2026$40.85$36.96$27.38
10 Apr 2026$44.90$37.69$27.98
17 Apr 2026$48.38$38.82$28.66
24 Apr 2026$52.27$40.15$29.42
1 May 2026$50.16$41.30$30.17
8 May 2026$53.64$42.53$30.97
15 May 2026$50.02$44.09$31.76
22 May 2026$51.46$45.63$32.49
29 May 2026$32.35$46.35$32.96
5 Jun 2026$29.15$45.54$33.22
12 Jun 2026$31.78$44.60$33.43
18 Jun 2026$33.63$43.86$33.61
26 Jun 2026$30.69$42.54$33.85
2 Jul 2026$28.86$41.14$34.02
10 Jul 2026$29.90$38.98$34.13
17 Jul 2026$28.85$36.93$34.26
24 Jul 2026$30.33$34.73$34.42
31 Jul 2026$30.29$32.72$34.58
7 Aug 2026$32.65$30.72$34.79
14 Aug 2026$33.32$30.76$35.02
21 Aug 2026$30.51$30.93$35.21
28 Aug 2026$27.73$30.73$35.38
4 Sep 2026$29.13$30.27$35.54
11 Sep 2026$28.99$30.09$35.71
18 Sep 2026$29.11$30.03$35.85
25 Sep 2026$30.40$30.10$35.99
2 Oct 2026$31.49$30.17$35.89
9 Oct 2026$29.62$30.26$35.81
16 Oct 2026$27.52$29.96$35.68
23 Oct 2026$28.15$29.50$35.54
30 Oct 2026$27.58$29.15$35.44
4 Nov 2026$27.38$29.02$35.34
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.

  • Price $27.38
  • 50-day avg $29.02
  • 200-day avg $35.34
Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$12.99$13.62$12.99
12 Nov 2021$14.28$13.58$13.10
26 Nov 2021$13.47$13.54$13.18
10 Dec 2021$17.05$13.72$13.27
23 Dec 2021$18.51$14.44$13.52
7 Jan 2022$18.55$15.73$13.87
21 Jan 2022$17.49$16.60$14.12
4 Feb 2022$17.77$17.29$14.37
18 Feb 2022$18.35$18.15$14.65
4 Mar 2022$18.10$18.35$14.90
18 Mar 2022$17.56$17.98$15.09
1 Apr 2022$16.58$17.78$15.29
14 Apr 2022$15.64$17.40$15.39
29 Apr 2022$14.99$16.85$15.53
13 May 2022$15.42$16.22$15.63
27 May 2022$21.17$16.14$15.79
10 Jun 2022$21.25$16.90$16.18
24 Jun 2022$20.34$17.65$16.42
8 Jul 2022$18.74$18.24$16.64
22 Jul 2022$21.69$19.18$16.95
5 Aug 2022$24.23$20.82$17.47
19 Aug 2022$23.62$21.34$18.03
2 Sep 2022$15.37$21.37$18.34
16 Sep 2022$15.54$20.77$18.43
30 Sep 2022$14.62$19.80$18.40
14 Oct 2022$14.55$18.22$18.26
28 Oct 2022$16.48$16.54$18.10
11 Nov 2022$18.69$15.72$18.06
25 Nov 2022$18.69$16.28$18.09
9 Dec 2022$18.27$16.98$18.10
23 Dec 2022$16.41$17.38$18.07
6 Jan 2023$17.50$17.61$18.06
20 Jan 2023$17.97$17.90$18.08
3 Feb 2023$19.20$17.96$18.24
17 Feb 2023$18.02$17.92$18.40
3 Mar 2023$17.64$17.84$18.50
17 Mar 2023$16.47$17.85$18.47
31 Mar 2023$16.58$17.57$18.21
14 Apr 2023$15.65$17.07$18.02
28 Apr 2023$14.46$16.29$17.83
12 May 2023$15.22$15.72$17.52
26 May 2023$21.23$15.93$17.21
9 Jun 2023$22.86$16.93$17.13
23 Jun 2023$23.04$18.33$17.33
7 Jul 2023$25.13$20.11$17.75
21 Jul 2023$25.33$22.39$18.30
4 Aug 2023$25.79$24.28$18.83
18 Aug 2023$22.16$24.78$19.23
1 Sep 2023$24.19$24.70$19.52
15 Sep 2023$19.47$23.96$19.60
29 Sep 2023$20.21$22.72$19.67
13 Oct 2023$20.28$21.64$19.83
27 Oct 2023$18.62$20.69$19.94
10 Nov 2023$20.24$19.96$19.99
24 Nov 2023$21.37$19.99$20.11
8 Dec 2023$20.88$20.27$20.26
22 Dec 2023$31.26$21.78$20.79
5 Jan 2024$28.78$23.55$21.36
19 Jan 2024$31.11$25.46$21.95
2 Feb 2024$30.64$27.46$22.71
16 Feb 2024$33.42$29.67$23.59
1 Mar 2024$29.69$30.38$24.19
15 Mar 2024$27.88$29.96$24.72
28 Mar 2024$28.32$29.82$25.00
12 Apr 2024$27.63$29.35$25.23
26 Apr 2024$28.28$28.40$25.30
10 May 2024$28.92$28.25$25.44
24 May 2024$26.38$28.02$25.54
7 Jun 2024$25.73$27.71$25.71
21 Jun 2024$24.94$27.17$25.80
5 Jul 2024$25.48$26.82$26.01
19 Jul 2024$25.82$26.46$26.34
2 Aug 2024$22.05$25.69$26.57
16 Aug 2024$23.80$24.79$26.72
30 Aug 2024$25.86$24.55$26.96
13 Sep 2024$23.65$24.20$27.02
27 Sep 2024$24.80$23.71$27.16
11 Oct 2024$24.20$23.45$26.92
25 Oct 2024$23.60$23.78$26.59
8 Nov 2024$25.49$23.80$26.28
22 Nov 2024$24.89$24.07$25.98
6 Dec 2024$25.25$24.29$25.69
20 Dec 2024$24.04$24.60$25.54
3 Jan 2025$24.12$24.62$25.36
17 Jan 2025$24.57$24.74$25.16
31 Jan 2025$22.99$24.42$24.93
14 Feb 2025$22.27$24.00$24.71
28 Feb 2025$20.84$23.26$24.40
14 Mar 2025$21.26$22.50$24.04
28 Mar 2025$20.60$21.98$23.77
11 Apr 2025$18.05$21.03$23.45
25 Apr 2025$18.67$20.19$23.14
9 May 2025$19.45$19.61$22.75
23 May 2025$19.47$19.53$22.57
6 Jun 2025$18.11$18.87$22.35
20 Jun 2025$18.21$18.74$22.10
3 Jul 2025$20.26$18.96$21.93
18 Jul 2025$19.22$19.14$21.72
1 Aug 2025$19.79$19.12$21.51
15 Aug 2025$20.71$19.53$21.35
29 Aug 2025$22.67$20.24$21.24
12 Sep 2025$22.53$20.84$21.15
26 Sep 2025$23.22$21.74$21.10
10 Oct 2025$21.82$22.43$20.99
24 Oct 2025$23.92$23.09$20.97
7 Nov 2025$21.71$23.42$20.95
21 Nov 2025$21.06$23.20$20.87
5 Dec 2025$24.15$23.02$20.90
19 Dec 2025$33.09$24.96$21.53
2 Jan 2026$33.41$26.59$22.03
16 Jan 2026$34.53$28.54$22.65
30 Jan 2026$34.57$30.94$23.42
13 Feb 2026$38.80$33.89$24.34
27 Feb 2026$37.43$35.34$25.21
13 Mar 2026$33.55$35.57$25.93
27 Mar 2026$39.60$36.57$26.96
10 Apr 2026$44.90$37.69$27.98
24 Apr 2026$52.27$40.15$29.42
8 May 2026$53.64$42.53$30.97
22 May 2026$51.46$45.63$32.49
5 Jun 2026$29.15$45.54$33.22
18 Jun 2026$33.63$43.86$33.61
2 Jul 2026$28.86$41.14$34.02
17 Jul 2026$28.85$36.93$34.26
31 Jul 2026$30.29$32.72$34.58
14 Aug 2026$33.32$30.76$35.02
28 Aug 2026$27.73$30.73$35.38
11 Sep 2026$28.99$30.09$35.71
25 Sep 2026$30.40$30.10$35.99
9 Oct 2026$29.62$30.26$35.81
23 Oct 2026$28.15$29.50$35.54
4 Nov 2026$27.38$29.02$35.34
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.

  • Price $27.38
  • 50-day avg $29.02
  • 200-day avg $35.34
Nov 2026: $27.38, 22.5% below its 200-day average. The price has been moving sideways for 20 weeks.
WeekPrice50-day avg200-day avg
28 Oct 2016$9.85$9.99–
18 Nov 2016$10.00$10.13–
9 Dec 2016$11.55$10.19–
30 Dec 2016$11.30$10.52–
20 Jan 2017$11.35$10.84–
10 Feb 2017$11.65$11.25–
3 Mar 2017$10.80$11.31–
24 Mar 2017$10.85$11.16–
13 Apr 2017$10.65$10.95–
5 May 2017$11.30$10.92$10.57
26 May 2017$10.25$10.92$10.65
16 Jun 2017$9.95$10.77$10.70
7 Jul 2017$9.60$10.38$10.68
28 Jul 2017$10.00$10.00$10.66
18 Aug 2017$7.55$9.70$10.60
8 Sep 2017$7.75$9.15$10.45
29 Sep 2017$8.85$8.62$10.26
20 Oct 2017$9.40$8.41$10.10
10 Nov 2017$9.10$8.79$9.95
1 Dec 2017$9.50$9.15$9.80
22 Dec 2017$8.65$9.17$9.64
12 Jan 2018$8.55$8.94$9.50
2 Feb 2018$7.90$8.80$9.34
23 Feb 2018$7.75$8.37$9.09
16 Mar 2018$9.10$8.32$8.94
6 Apr 2018$8.10$8.24$8.81
27 Apr 2018$7.80$8.24$8.69
18 May 2018$7.95$8.25$8.53
8 Jun 2018$8.50$8.28$8.53
29 Jun 2018$7.97$8.31$8.56
20 Jul 2018$8.85$8.48$8.58
10 Aug 2018$8.70$8.58$8.55
31 Aug 2018$10.70$8.92$8.58
21 Sep 2018$9.90$9.41$8.63
12 Oct 2018$9.21$9.62$8.68
2 Nov 2018$10.18$9.82$8.76
23 Nov 2018$9.70$9.65$8.86
14 Dec 2018$10.10$9.63$8.99
4 Jan 2019$9.68$9.65$9.04
25 Jan 2019$10.48$9.78$9.18
15 Feb 2019$11.43$10.15$9.40
8 Mar 2019$9.59$10.33$9.54
29 Mar 2019$9.45$10.14$9.58
18 Apr 2019$9.38$9.84$9.67
10 May 2019$9.35$9.45$9.73
31 May 2019$8.11$9.17$9.71
21 Jun 2019$8.19$8.85$9.60
12 Jul 2019$8.27$8.55$9.49
2 Aug 2019$9.31$8.60$9.47
23 Aug 2019$9.42$8.81$9.42
13 Sep 2019$11.13$9.45$9.48
4 Oct 2019$10.85$10.10$9.57
25 Oct 2019$11.99$10.72$9.69
15 Nov 2019$12.37$11.37$9.82
6 Dec 2019$12.35$11.61$9.88
27 Dec 2019$15.84$12.87$10.27
17 Jan 2020$15.13$13.83$10.69
7 Feb 2020$12.87$14.37$11.00
28 Feb 2020$12.45$14.63$11.32
20 Mar 2020$9.44$13.28$11.52
9 Apr 2020$10.79$11.99$11.66
1 May 2020$11.35$11.16$11.89
22 May 2020$12.58$10.98$12.08
12 Jun 2020$11.28$11.60$12.28
2 Jul 2020$11.12$11.69$12.30
24 Jul 2020$11.39$11.56$12.33
14 Aug 2020$11.66$11.48$12.36
4 Sep 2020$9.32$11.21$12.25
25 Sep 2020$9.80$10.77$12.09
16 Oct 2020$10.30$10.38$11.68
6 Nov 2020$10.78$10.04$11.31
27 Nov 2020$11.68$10.50$11.12
18 Dec 2020$11.18$11.00$11.00
8 Jan 2021$11.46$11.20$11.06
29 Jan 2021$11.10$11.53$11.16
19 Feb 2021$13.33$11.76$11.24
12 Mar 2021$12.01$12.04$11.24
1 Apr 2021$13.07$12.21$11.27
23 Apr 2021$12.70$12.47$11.39
14 May 2021$12.91$12.52$11.50
4 Jun 2021$13.23$12.86$11.60
25 Jun 2021$13.49$13.08$11.84
16 Jul 2021$12.73$13.12$12.06
6 Aug 2021$13.62$13.24$12.28
27 Aug 2021$14.42$13.23$12.51
17 Sep 2021$14.02$13.59$12.73
8 Oct 2021$13.34$13.80$12.88
29 Oct 2021$12.99$13.62$12.99
19 Nov 2021$14.06$13.56$13.16
10 Dec 2021$17.05$13.72$13.27
31 Dec 2021$18.85$15.06$13.70
21 Jan 2022$17.49$16.60$14.12
11 Feb 2022$17.73$17.76$14.51
4 Mar 2022$18.10$18.35$14.90
25 Mar 2022$18.36$17.87$15.20
14 Apr 2022$15.64$17.40$15.39
6 May 2022$15.29$16.57$15.59
27 May 2022$21.17$16.14$15.79
17 Jun 2022$19.15$17.26$16.32
8 Jul 2022$18.74$18.24$16.64
29 Jul 2022$23.81$19.92$17.18
19 Aug 2022$23.62$21.34$18.03
9 Sep 2022$15.90$21.02$18.37
30 Sep 2022$14.62$19.80$18.40
21 Oct 2022$15.75$17.36$18.16
11 Nov 2022$18.69$15.72$18.06
2 Dec 2022$18.69$16.62$18.10
23 Dec 2022$16.41$17.38$18.07
13 Jan 2023$18.37$17.78$18.06
3 Feb 2023$19.20$17.96$18.24
24 Feb 2023$17.70$17.83$18.43
17 Mar 2023$16.47$17.85$18.47
6 Apr 2023$15.35$17.35$18.12
28 Apr 2023$14.46$16.29$17.83
19 May 2023$17.37$15.69$17.34
9 Jun 2023$22.86$16.93$17.13
30 Jun 2023$25.79$19.25$17.55
21 Jul 2023$25.33$22.39$18.30
11 Aug 2023$23.18$24.73$19.07
1 Sep 2023$24.19$24.70$19.52
22 Sep 2023$19.33$23.36$19.63
13 Oct 2023$20.28$21.64$19.83
3 Nov 2023$19.82$20.31$19.96
24 Nov 2023$21.37$19.99$20.11
15 Dec 2023$29.51$20.82$20.46
5 Jan 2024$28.78$23.55$21.36
26 Jan 2024$30.14$26.62$22.34
16 Feb 2024$33.42$29.67$23.59
8 Mar 2024$28.86$30.20$24.49
28 Mar 2024$28.32$29.82$25.00
19 Apr 2024$25.32$28.92$25.26
10 May 2024$28.92$28.25$25.44
31 May 2024$27.35$27.95$25.61
21 Jun 2024$24.94$27.17$25.80
12 Jul 2024$26.53$26.62$26.17
2 Aug 2024$22.05$25.69$26.57
23 Aug 2024$24.53$24.59$26.85
13 Sep 2024$23.65$24.20$27.02
4 Oct 2024$24.59$23.53$27.09
25 Oct 2024$23.60$23.78$26.59
15 Nov 2024$23.65$23.92$26.15
6 Dec 2024$25.25$24.29$25.69
27 Dec 2024$23.92$24.60$25.44
17 Jan 2025$24.57$24.74$25.16
7 Feb 2025$22.52$24.26$24.84
28 Feb 2025$20.84$23.26$24.40
21 Mar 2025$21.01$22.23$23.89
11 Apr 2025$18.05$21.03$23.45
2 May 2025$19.22$19.81$22.93
23 May 2025$19.47$19.53$22.57
13 Jun 2025$18.36$18.67$22.22
3 Jul 2025$20.26$18.96$21.93
25 Jul 2025$19.72$19.10$21.59
15 Aug 2025$20.71$19.53$21.35
5 Sep 2025$22.64$20.53$21.19
26 Sep 2025$23.22$21.74$21.10
17 Oct 2025$23.09$22.78$20.98
7 Nov 2025$21.71$23.42$20.95
28 Nov 2025$22.91$23.12$20.87
19 Dec 2025$33.09$24.96$21.53
9 Jan 2026$33.33$27.57$22.33
30 Jan 2026$34.57$30.94$23.42
20 Feb 2026$38.00$34.96$24.72
13 Mar 2026$33.55$35.57$25.93
2 Apr 2026$40.85$36.96$27.38
24 Apr 2026$52.27$40.15$29.42
15 May 2026$50.02$44.09$31.76
5 Jun 2026$29.15$45.54$33.22
26 Jun 2026$30.69$42.54$33.85
17 Jul 2026$28.85$36.93$34.26
7 Aug 2026$32.65$30.72$34.79
28 Aug 2026$27.73$30.73$35.38
18 Sep 2026$29.11$30.03$35.85
9 Oct 2026$29.62$30.26$35.81
30 Oct 2026$27.58$29.15$35.44
4 Nov 2026$27.38$29.02$35.34
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to May 2026; Sideways from May 2026 to Nov 2026.

Price stage: Rising from Nov 2023 to Jun 2024; Sideways from Jun 2024 to Dec 2024; Falling from Jan 2025 to Aug 2025; Sideways from Aug 2025 to Jan 2026; Rising from Jan 2026 to May 2026; Sideways from May 2026 to Nov 2026.

Price stage: Rising from Oct 2021 to Aug 2022; Sideways from Sep 2022 to Oct 2022; Rising from Nov 2022 to Dec 2022; Sideways from Dec 2022 to Mar 2023; Falling from Apr 2023 to May 2023; Sideways from May 2023 to Jul 2023; Rising from Jul 2023 to Jun 2024; Sideways from Jun 2024 to Dec 2024; Falling from Jan 2025 to Aug 2025; Sideways from Aug 2025 to Jan 2026; Rising from Jan 2026 to Jun 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Falling from Dec 2017 to Jun 2018; Sideways from Jul 2018 to Nov 2018; Rising from Nov 2018 to Mar 2019; Sideways from Mar 2019 to Oct 2019; Rising from Oct 2019 to Feb 2020; Sideways from Mar 2020 to Nov 2020; Sideways from Nov 2020 to May 2021; Rising from Jun 2021 to Aug 2022; Sideways from Sep 2022 to Apr 2023; Sideways from May 2023 to Jun 2023; Rising from Jul 2023 to Jul 2024; Sideways from Aug 2024 to Dec 2024; Falling from Jan 2025 to Aug 2025; Sideways from Sep 2025 to Jan 2026; Rising from Jan 2026 to May 2026; Sideways from Jun 2026 to Nov 2026.

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?

Ahead in 234 of 527 weeks

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
8 Jul 2016no S&P 500 reading
15 Jul 2016no S&P 500 reading
22 Jul 2016no S&P 500 reading
29 Jul 2016no S&P 500 reading
5 Aug 2016no S&P 500 reading
12 Aug 2016no S&P 500 reading
19 Aug 2016no S&P 500 reading
26 Aug 2016no S&P 500 reading
2 Sep 2016no S&P 500 reading
9 Sep 2016no S&P 500 reading
16 Sep 2016no S&P 500 reading
23 Sep 2016no S&P 500 reading
30 Sep 2016no S&P 500 reading
7 Oct 2016+18.8%
14 Oct 2016+11.0%
21 Oct 2016+5.6%
28 Oct 2016+4.1%
4 Nov 2016+5.7%
11 Nov 2016−3.8%
18 Nov 2016+10.9%
25 Nov 2016+8.9%
2 Dec 2016−0.8%
9 Dec 2016+8.2%
16 Dec 2016+13.2%
23 Dec 2016+4.7%
30 Dec 2016+6.3%
6 Jan 2017−2.1%
13 Jan 2017+5.4%
20 Jan 2017+9.3%
27 Jan 2017+10.5%
3 Feb 2017+7.2%
10 Feb 2017+17.0%
17 Feb 2017+4.9%
24 Feb 2017−2.1%
3 Mar 2017+3.4%
10 Mar 2017−12.3%
17 Mar 2017−9.2%
24 Mar 2017−9.7%
31 Mar 2017−10.8%
7 Apr 2017−5.8%
13 Apr 2017−9.0%
21 Apr 2017−5.7%
28 Apr 2017−5.3%
5 May 2017−7.1%
12 May 2017−6.2%
19 May 2017−11.6%
26 May 2017−8.1%
2 Jun 2017−4.3%
9 Jun 2017−6.1%
16 Jun 2017−12.7%
23 Jun 2017−15.5%
30 Jun 2017−14.7%
7 Jul 2017−14.0%
14 Jul 2017−10.3%
21 Jul 2017−13.8%
28 Jul 2017−16.8%
4 Aug 2017−16.0%
11 Aug 2017−18.1%
18 Aug 2017−27.1%
25 Aug 2017−24.1%
1 Sep 2017−26.0%
8 Sep 2017−26.1%
15 Sep 2017−22.3%
22 Sep 2017−19.8%
29 Sep 2017−9.8%
6 Oct 2017−9.8%
13 Oct 2017−11.2%
20 Oct 2017−11.5%
27 Oct 2017−8.9%
3 Nov 2017−11.6%
10 Nov 2017−9.9%
17 Nov 2017+9.7%
24 Nov 2017+13.2%
1 Dec 2017+12.0%
8 Dec 2017+7.2%
15 Dec 2017+1.8%
22 Dec 2017+1.6%
29 Dec 2017−9.8%
5 Jan 2018−12.4%
12 Jan 2018−18.1%
19 Jan 2018−14.4%
26 Jan 2018−22.2%
2 Feb 2018−20.2%
9 Feb 2018−18.9%
16 Feb 2018−17.3%
23 Feb 2018−23.5%
2 Mar 2018−18.1%
9 Mar 2018−6.2%
16 Mar 2018+1.7%
23 Mar 2018−1.1%
29 Mar 2018−1.9%
6 Apr 2018−1.9%
13 Apr 2018+1.7%
20 Apr 2018−8.6%
27 Apr 2018−1.2%
4 May 2018+3.4%
11 May 2018+2.3%
18 May 2018+3.2%
25 May 2018+20.3%
1 Jun 2018+9.6%
8 Jun 2018−3.2%
15 Jun 2018−9.9%
22 Jun 2018−3.4%
29 Jun 2018−6.5%
6 Jul 2018−3.6%
13 Jul 2018−3.6%
20 Jul 2018+10.0%
27 Jul 2018+6.0%
3 Aug 2018+8.6%
10 Aug 2018+5.0%
17 Aug 2018+5.0%
24 Aug 2018+11.1%
31 Aug 2018+14.8%
7 Sep 2018+14.9%
14 Sep 2018+14.3%
21 Sep 2018+10.2%
28 Sep 2018+16.4%
5 Oct 2018+7.4%
12 Oct 2018+10.3%
19 Oct 2018+9.9%
26 Oct 2018+14.5%
2 Nov 2018+16.0%
9 Nov 2018+12.9%
16 Nov 2018+18.8%
23 Nov 2018−1.7%
30 Nov 2018−4.3%
7 Dec 2018−1.5%
14 Dec 2018+12.5%
21 Dec 2018+10.3%
28 Dec 2018+13.2%
4 Jan 2019+16.5%
11 Jan 2019+19.9%
18 Jan 2019+10.3%
25 Jan 2019+10.6%
1 Feb 2019+6.6%
8 Feb 2019+13.8%
15 Feb 2019+12.4%
22 Feb 2019+1.7%
1 Mar 2019+0.1%
8 Mar 2019+1.7%
15 Mar 2019−16.3%
22 Mar 2019−17.0%
29 Mar 2019−16.5%
5 Apr 2019−15.7%
12 Apr 2019−24.2%
18 Apr 2019−17.5%
26 Apr 2019−20.4%
3 May 2019−19.8%
10 May 2019−19.5%
17 May 2019−26.9%
24 May 2019−22.4%
31 May 2019−16.1%
7 Jun 2019−15.9%
14 Jun 2019−14.4%
21 Jun 2019−15.2%
28 Jun 2019−17.0%
5 Jul 2019−14.5%
12 Jul 2019−13.8%
19 Jul 2019−9.2%
26 Jul 2019+0.7%
2 Aug 2019−2.5%
9 Aug 2019−5.7%
16 Aug 2019+1.5%
23 Aug 2019+13.4%
30 Aug 2019+26.9%
6 Sep 2019+21.9%
13 Sep 2019+31.8%
20 Sep 2019+29.7%
27 Sep 2019+32.8%
4 Oct 2019+29.2%
11 Oct 2019+33.1%
18 Oct 2019+29.1%
25 Oct 2019+22.9%
1 Nov 2019+23.7%
8 Nov 2019+27.3%
15 Nov 2019+30.7%
22 Nov 2019+11.4%
29 Nov 2019+1.4%
6 Dec 2019+9.7%
13 Dec 2019+37.8%
20 Dec 2019+39.6%
27 Dec 2019+35.2%
3 Jan 2020+32.4%
10 Jan 2020+29.1%
17 Jan 2020+22.3%
24 Jan 2020+11.6%
31 Jan 2020+1.9%
7 Feb 2020+0.6%
14 Feb 2020+11.5%
21 Feb 2020+13.1%
28 Feb 2020+11.6%
6 Mar 2020+9.4%
13 Mar 2020−20.4%
20 Mar 2020−11.6%
27 Mar 2020−14.8%
3 Apr 2020−14.2%
9 Apr 2020−14.1%
17 Apr 2020−12.3%
24 Apr 2020−7.9%
1 May 2020+0.9%
8 May 2020+9.1%
15 May 2020−10.0%
22 May 2020+3.4%
29 May 2020−6.4%
5 Jun 2020−9.7%
12 Jun 2020−3.1%
19 Jun 2020−15.2%
26 Jun 2020−13.0%
2 Jul 2020−10.8%
10 Jul 2020−10.9%
17 Jul 2020−12.7%
24 Jul 2020−12.7%
31 Jul 2020−10.8%
7 Aug 2020−20.6%
14 Aug 2020−12.5%
21 Aug 2020−29.8%
28 Aug 2020−28.5%
4 Sep 2020−32.9%
11 Sep 2020−30.7%
18 Sep 2020−17.2%
25 Sep 2020−17.4%
2 Oct 2020−16.3%
9 Oct 2020−12.4%
16 Oct 2020−15.7%
23 Oct 2020−16.8%
30 Oct 2020−17.9%
6 Nov 2020−12.8%
13 Nov 2020−9.9%
20 Nov 2020−1.0%
27 Nov 2020+8.7%
4 Dec 2020+30.3%
11 Dec 2020+16.5%
18 Dec 2020−1.6%
24 Dec 2020+0.3%
31 Dec 2020−1.3%
8 Jan 2021−3.6%
15 Jan 2021+7.9%
22 Jan 2021+4.3%
29 Jan 2021+0.5%
5 Feb 2021+1.4%
12 Feb 2021+8.4%
19 Feb 2021+10.3%
26 Feb 2021−2.6%
5 Mar 2021−12.3%
12 Mar 2021−0.8%
19 Mar 2021+3.4%
26 Mar 2021+6.9%
1 Apr 2021+10.0%
9 Apr 2021+5.9%
16 Apr 2021−4.8%
23 Apr 2021−2.3%
30 Apr 2021+1.7%
7 May 2021+0.3%
14 May 2021−8.8%
21 May 2021−5.7%
28 May 2021+3.3%
4 Jun 2021+2.2%
11 Jun 2021+4.2%
18 Jun 2021+2.4%
25 Jun 2021−0.7%
2 Jul 2021−8.9%
9 Jul 2021−11.7%
16 Jul 2021−3.2%
23 Jul 2021−0.8%
30 Jul 2021+0.2%
6 Aug 2021−1.6%
13 Aug 2021−4.6%
20 Aug 2021−8.1%
27 Aug 2021−0.7%
3 Sep 2021+2.8%
10 Sep 2021−0.7%
17 Sep 2021−0.7%
24 Sep 2021+0.5%
1 Oct 2021+4.8%
8 Oct 2021+8.2%
15 Oct 2021+0.2%
22 Oct 2021−10.9%
29 Oct 2021−7.6%
5 Nov 2021−2.3%
12 Nov 2021+3.1%
19 Nov 2021+0.4%
26 Nov 2021−8.5%
3 Dec 2021−5.5%
10 Dec 2021+16.0%
17 Dec 2021+18.1%
23 Dec 2021+25.3%
31 Dec 2021+28.9%
7 Jan 2022+32.6%
14 Jan 2022+45.9%
21 Jan 2022+46.0%
28 Jan 2022+37.3%
4 Feb 2022+30.2%
11 Feb 2022+29.9%
18 Feb 2022+37.9%
25 Feb 2022+44.0%
4 Mar 2022+36.2%
11 Mar 2022+10.9%
18 Mar 2022+5.8%
25 Mar 2022+3.0%
1 Apr 2022−7.4%
8 Apr 2022−17.8%
14 Apr 2022−15.2%
22 Apr 2022−9.6%
29 Apr 2022−6.8%
6 May 2022−5.6%
13 May 2022−4.2%
20 May 2022−7.1%
27 May 2022+17.9%
3 Jun 2022+27.2%
10 Jun 2022+31.7%
17 Jun 2022+26.8%
24 Jun 2022+24.6%
1 Jul 2022+24.9%
8 Jul 2022+42.3%
15 Jul 2022+35.3%
22 Jul 2022+48.8%
29 Jul 2022+58.8%
5 Aug 2022+58.0%
12 Aug 2022+60.9%
19 Aug 2022+47.5%
26 Aug 2022+7.2%
2 Sep 2022−26.0%
9 Sep 2022−29.5%
16 Sep 2022−24.2%
23 Sep 2022−22.3%
30 Sep 2022−12.9%
7 Oct 2022−10.5%
14 Oct 2022−17.4%
21 Oct 2022−22.1%
28 Oct 2022−25.2%
4 Nov 2022−22.6%
11 Nov 2022−20.8%
18 Nov 2022−13.3%
25 Nov 2022−15.0%
2 Dec 2022+17.9%
9 Dec 2022+18.2%
16 Dec 2022+11.4%
23 Dec 2022+7.9%
30 Dec 2022+8.0%
6 Jan 2023+5.8%
13 Jan 2023+14.8%
20 Jan 2023+8.3%
27 Jan 2023+9.9%
3 Feb 2023+6.3%
10 Feb 2023−4.4%
17 Feb 2023−8.1%
24 Feb 2023−3.8%
3 Mar 2023−4.9%
10 Mar 2023−7.0%
17 Mar 2023−6.1%
24 Mar 2023−3.7%
31 Mar 2023−8.5%
6 Apr 2023−17.7%
14 Apr 2023−18.3%
21 Apr 2023−20.3%
28 Apr 2023−25.7%
5 May 2023−22.4%
12 May 2023−17.8%
19 May 2023−6.4%
26 May 2023+14.0%
2 Jun 2023+17.6%
9 Jun 2023+25.9%
16 Jun 2023+29.3%
23 Jun 2023+31.4%
30 Jun 2023+47.3%
7 Jul 2023+56.5%
14 Jul 2023+56.2%
21 Jul 2023+58.5%
28 Jul 2023+71.5%
4 Aug 2023+64.6%
11 Aug 2023+44.0%
18 Aug 2023+23.3%
25 Aug 2023+1.4%
1 Sep 2023+5.6%
8 Sep 2023−16.1%
15 Sep 2023−17.6%
22 Sep 2023−15.5%
29 Sep 2023−18.1%
6 Oct 2023−15.7%
13 Oct 2023−17.6%
20 Oct 2023−17.6%
27 Oct 2023−18.9%
3 Nov 2023−20.4%
10 Nov 2023−11.6%
17 Nov 2023−5.1%
24 Nov 2023−8.6%
1 Dec 2023−14.2%
8 Dec 2023+1.1%
15 Dec 2023+45.7%
22 Dec 2023+51.7%
29 Dec 2023+44.0%
5 Jan 2024+30.2%
12 Jan 2024+32.5%
19 Jan 2024+48.1%
26 Jan 2024+43.2%
2 Feb 2024+40.9%
9 Feb 2024+47.0%
16 Feb 2024+42.8%
23 Feb 2024+19.5%
1 Mar 2024+28.4%
8 Mar 2024+27.0%
15 Mar 2024−14.2%
22 Mar 2024−17.9%
28 Mar 2024−19.8%
5 Apr 2024−12.8%
12 Apr 2024−11.9%
19 Apr 2024−21.3%
26 Apr 2024−10.4%
3 May 2024−9.5%
10 May 2024−15.0%
17 May 2024−20.3%
24 May 2024−10.1%
31 May 2024−10.7%
7 Jun 2024−15.2%
14 Jun 2024−18.3%
21 Jun 2024−17.9%
28 Jun 2024−16.9%
5 Jul 2024−16.7%
12 Jul 2024−13.6%
19 Jul 2024−8.9%
26 Jul 2024−16.5%
2 Aug 2024−27.6%
9 Aug 2024−27.5%
16 Aug 2024−21.6%
23 Aug 2024−13.2%
30 Aug 2024−12.3%
6 Sep 2024−15.7%
13 Sep 2024−7.4%
20 Sep 2024−10.7%
27 Sep 2024−4.5%
4 Oct 2024−6.8%
11 Oct 2024−12.3%
18 Oct 2024−14.5%
25 Oct 2024−14.2%
1 Nov 2024−2.0%
8 Nov 2024+5.6%
15 Nov 2024−6.3%
22 Nov 2024−4.5%
29 Nov 2024−10.6%
6 Dec 2024+2.3%
13 Dec 2024+4.5%
20 Dec 2024−1.2%
27 Dec 2024−7.7%
3 Jan 2025−5.2%
10 Jan 2025−2.9%
17 Jan 2025+1.3%
24 Jan 2025−6.2%
31 Jan 2025−6.2%
7 Feb 2025−12.1%
14 Feb 2025−9.9%
21 Feb 2025−13.3%
28 Feb 2025−14.9%
7 Mar 2025−8.8%
14 Mar 2025−12.9%
21 Mar 2025−8.0%
28 Mar 2025−7.3%
4 Apr 2025−12.8%
11 Apr 2025−15.3%
17 Apr 2025−16.2%
25 Apr 2025−10.5%
2 May 2025−10.6%
9 May 2025−7.6%
16 May 2025−5.2%
23 May 2025−7.1%
30 May 2025−19.0%
6 Jun 2025−20.6%
13 Jun 2025−19.7%
20 Jun 2025−18.7%
27 Jun 2025−19.7%
3 Jul 2025−8.1%
11 Jul 2025−8.8%
18 Jul 2025−10.4%
25 Jul 2025−10.1%
1 Aug 2025−6.7%
8 Aug 2025−9.0%
15 Aug 2025−7.5%
22 Aug 2025+2.0%
29 Aug 2025+26.2%
5 Sep 2025+17.0%
12 Sep 2025+12.6%
19 Sep 2025+25.3%
26 Sep 2025+16.3%
3 Oct 2025+13.4%
10 Oct 2025+7.2%
17 Oct 2025+14.3%
24 Oct 2025+15.0%
31 Oct 2025+11.1%
7 Nov 2025+2.1%
14 Nov 2025−2.4%
21 Nov 2025−6.7%
28 Nov 2025−4.9%
5 Dec 2025+0.7%
12 Dec 2025+57.5%
19 Dec 2025+30.1%
26 Dec 2025+41.0%
2 Jan 2026+34.8%
9 Jan 2026+46.5%
16 Jan 2026+45.4%
23 Jan 2026+43.4%
30 Jan 2026+43.2%
6 Feb 2026+68.6%
13 Feb 2026+82.3%
20 Feb 2026+75.8%
27 Feb 2026+63.0%
6 Mar 2026+37.8%
13 Mar 2026−4.7%
20 Mar 2026+14.5%
27 Mar 2026+25.5%
2 Apr 2026+26.3%
10 Apr 2026+36.8%
17 Apr 2026+37.4%
24 Apr 2026+47.0%
1 May 2026+41.0%
8 May 2026+37.2%
15 May 2026+20.5%
22 May 2026+27.3%
29 May 2026−23.8%
5 Jun 2026−20.8%
12 Jun 2026−17.3%
18 Jun 2026−22.6%
26 Jun 2026−37.5%
2 Jul 2026−42.9%
10 Jul 2026−44.5%
17 Jul 2026−45.0%
24 Jul 2026−45.5%
31 Jul 2026−43.3%
7 Aug 2026−44.0%
14 Aug 2026−38.4%
21 Aug 2026−43.4%
28 Aug 2026−16.0%
4 Sep 2026−4.5%
11 Sep 2026−11.8%
18 Sep 2026−15.4%
25 Sep 2026−6.8%
2 Oct 2026+5.8%
9 Oct 2026−4.1%
16 Oct 2026−7.3%
23 Oct 2026−10.0%
30 Oct 2026−10.1%
4 Nov 2026−15.3%
Each bar is one week, from 2016 to now (527 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 10 years the share price moved +208% while the S&P 500 moved +261%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 2 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Photronics pay?

Photronics, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Photronics on?

Photronics is on one of our US lists: US tech stocks.

Is Photronics profitable?

Photronics, Inc. earned $28.9 M of net profit in the Aug 2026 quarter, +26.3% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY25 profit was $136 M. Over 4 years profit has grown 25.2% a year on average. That is 13.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $22.9 M.

For the full year, FY25 profit was $136 M (+4.4% on the year before).

FY25 profit $136 M (+4.4% on the year before), 25.2% a year over 4 years

  • Net profit $136 M
FY25 profit $136 M (+4.4% on the year before), 25.2% a year over 4 years
QuarterNet profit
FY21$55.4 M
FY22$119 M
FY23$125 M
FY24$131 M
FY25$136 M

Growth on a year earlier

  • Growth on a year earlier 4.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22114.2%
FY235.6%
FY244.1%
FY254.4%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Aug 2026: $28.9 M (+26.3% on a year earlier), the 4th quarter in a row of growth

  • Net profit (quarterly) $28.9 M
Aug 2026: $28.9 M (+26.3% on a year earlier), the 4th quarter in a row of growth
QuarterNet profit (quarterly)
Jan 2024$26.2 M
Feb 2024$39.1 M
Apr 2024$36.3 M
Jul 2024$34.4 M
Oct 2024$33.9 M
Feb 2025$42.9 M
May 2025$8.9 M
Aug 2025$22.9 M
Oct 2025$61.8 M
Feb 2026$42.9 M
May 2026$31.4 M
Aug 2026$28.9 M

Growth on a year earlier

  • Growth on a year earlier 26.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Jan 202487.2%
Feb 2024179.4%
Apr 2024−9.2%
Jul 202427.6%
Oct 2024−24.1%
Feb 20259.6%
May 2025−75.6%
Aug 2025−33.4%
Oct 202582.5%
Feb 20260.2%
May 2026254.7%
Aug 202626.3%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +2.7% on a year earlier and the margin moved −1.8 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +90.9% and revenue +1.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Photronics make, and is it growing?

Photronics, Inc. reported $216 M of revenue in the Aug 2026 quarter, +2.7% on the same quarter a year earlier. Over 4 years it has grown 6.4% a year on average. The last full year, FY25, came in at $849 M. The last four reported quarters add to $867 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $849 M, −2.0% on the year before.

FY25 revenue $849 M (−2.0% on the year before), 6.4% a year over 4 years

  • Revenue $849 M
FY25 revenue $849 M (−2.0% on the year before), 6.4% a year over 4 years
QuarterRevenue
FY21$664 M
FY22$825 M
FY23$892 M
FY24$867 M
FY25$849 M

Growth on a year earlier

  • Growth on a year earlier −2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2224.2%
FY238.2%
FY24−2.8%
FY25−2%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Aug 2026: $216 M (+2.7% on a year earlier)

  • Revenue (quarterly) $216 M
Aug 2026: $216 M (+2.7% on a year earlier)
QuarterRevenue (quarterly)
Jan 2024$216 M
Feb 2024$216 M
Apr 2024$217 M
Jul 2024$211 M
Oct 2024$223 M
Feb 2025$212 M
May 2025$211 M
Aug 2025$210 M
Oct 2025$216 M
Feb 2026$225 M
May 2026$210 M
Aug 2026$216 M

Growth on a year earlier

  • Growth on a year earlier 2.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Jan 20242.5%
Feb 20242.5%
Apr 2024−5.4%
Jul 2024−5.9%
Oct 2024−2.1%
Feb 2025−1.9%
May 2025−2.8%
Aug 2025−0.3%
Oct 2025−3.1%
Feb 20266.1%
May 2026−0.5%
Aug 20262.7%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +1.3% on average, against 6.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +1.2%, against +0.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +52.2%, against +10.2% a year (accelerating).

How much of every $100 of sales does Photronics keep?

Photronics, Inc.'s operating margin was 21.1% in the Aug 2026 quarter, 1.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between 14.2% and 28.4%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.8 percentage points on the year while gross margin changed −0.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 24.5%, within a range of 14.2% to 28.4% over 5 years

  • Operating margin 24.5%
FY25: 24.5%, within a range of 14.2% to 28.4% over 5 years
QuarterOperating margin
FY2114.2%
FY2225.7%
FY2328.4%
FY2425.6%
FY2524.5%

Change on the year before (points)

  • Change on the year before (points) −1.1 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+11.5 pts
FY23+2.7 pts
FY24−2.8 pts
FY25−1.1 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Aug 2026: operating margin 21.1% (−1.8 points on a year earlier)

  • Operating margin 21.1%
Aug 2026: operating margin 21.1% (−1.8 points on a year earlier)
QuarterOperating margin
Jan 202426.6%
Feb 202426.6%
Apr 202425.8%
Jul 202424.7%
Oct 202425.1%
Feb 202524.6%
May 202526.4%
Aug 202522.9%
Oct 202524.1%
Feb 202624.4%
May 202620.1%
Aug 202621.1%

Change on a year earlier (points)

  • Change on a year earlier (points) −1.8 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Jan 2024+0.1 pts
Feb 2024+0.1 pts
Apr 2024−3.4 pts
Jul 2024−4.4 pts
Oct 2024−3.4 pts
Feb 2025−2.0 pts
May 2025+0.6 pts
Aug 2025−1.8 pts
Oct 2025−1.0 pts
Feb 2026−0.2 pts
May 2026−6.3 pts
Aug 2026−1.8 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Photronics' profit turning into cash?

Over the last 3 years, 207% of Photronics, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $248 M of operating cash against $136 M of profit. After $188 M of spending on assets, $59.7 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $248 M against profit $136 M; 207% of 3 years' profit came in as cash

  • Operating cash $248 M
  • Net profit $136 M
  • Free cash $59.7 M
FY25: operating cash $248 M against profit $136 M; 207% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$151 M$55.4 M$41.7 M
FY22$275 M$119 M$163 M
FY23$302 M$125 M$171 M
FY24$261 M$131 M$131 M
FY25$248 M$136 M$59.7 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Aug 2026: operating cash $76.3 M = 264% of the quarter's profit

  • Operating cash (quarterly) $76.3 M
Aug 2026: operating cash $76.3 M = 264% of the quarter's profit
QuarterOperating cash (quarterly)
Jan 2024$41.5 M
Feb 2024$41.5 M
Apr 2024$76.5 M
Jul 2024$75.1 M
Oct 2024$68.4 M
Feb 2025$78.5 M
May 2025$31.5 M
Aug 2025$50.1 M
Oct 2025$87.8 M
Feb 2026$97.3 M
May 2026$47.0 M
Aug 2026$76.3 M

Operating cash as % of profit

  • Operating cash as % of profit 264%
Operating cash as % of profit
QuarterOperating cash as % of profit
Jan 2024159%
Feb 2024106%
Apr 2024211%
Jul 2024218%
Oct 2024202%
Feb 2025183%
May 2025355%
Aug 2025219%
Oct 2025142%
Feb 2026226%
May 2026150%
Aug 2026264%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Photronics' cash go?

Photronics, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $450 M on assets over the last 3 years. Averaged over those years that is 17.7% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $450 M over the last 3 years.

FY25: capex $188 M, steady spending

  • Capex $188 M
FY25: capex $188 M, steady spending
QuarterCapex
FY21$109 M
FY22$112 M
FY23$131 M
FY24$131 M
FY25$188 M
Capital spending each year, $ M.

Aug 2026: capex $37.0 M in the quarter

  • Capex (quarterly) $37.0 M
Aug 2026: capex $37.0 M in the quarter
QuarterCapex (quarterly)
Jan 2024$43.3 M
Feb 2024$43.3 M
Apr 2024$20.0 M
Jul 2024$24.4 M
Oct 2024$43.2 M
Feb 2025$35.2 M
May 2025$60.5 M
Aug 2025$24.8 M
Oct 2025$67.5 M
Feb 2026$47.6 M
May 2026$45.8 M
Aug 2026$37.0 M

Free cash

  • Free cash $39.4 M
Free cash
QuarterFree cash
Jan 2024−$1.8 M
Feb 2024−$1.8 M
Apr 2024$56.5 M
Jul 2024$50.7 M
Oct 2024$25.2 M
Feb 2025$43.3 M
May 2025−$29.1 M
Aug 2025$25.2 M
Oct 2025$20.3 M
Feb 2026$49.6 M
May 2026$1.2 M
Aug 2026$39.4 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Photronics' P/E ratio, and how does it compare with its own history?

Photronics, Inc.'s P/E is 9.7×, near the low end of its own history: it has been lower only 22% of the time. Its usual P/E (the middle reading) is 11.5×, over 4.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 9.7× against a usual 11.5×: near the low end of its own history: it has been lower only 22% of the time

  • P/E 9.64×
  • Median 11.5×
P/E 9.7× against a usual 11.5×: near the low end of its own history: it has been lower only 22% of the time
WeekP/EMedian
6 May 202210.7×11.5×
13 May 202210.8×11.5×
20 May 202210.6×11.5×
27 May 202214.8×11.5×
3 Jun 202215.4×11.5×
10 Jun 202214.8×11.5×
17 Jun 202213.4×11.5×
24 Jun 202214.2×11.5×
1 Jul 202212.6×11.5×
8 Jul 202213.1×11.5×
15 Jul 202213.5×11.5×
22 Jul 202215.2×11.5×
29 Jul 202216.6×11.5×
5 Aug 202214.6×11.5×
12 Aug 202215.5×11.5×
19 Aug 202214.2×11.5×
26 Aug 202213.3×11.5×
2 Sep 20229.25×11.5×
9 Sep 20229.57×11.5×
16 Sep 20229.35×11.5×
23 Sep 20228.82×11.5×
30 Sep 20228.80×11.5×
7 Oct 20229.34×11.5×
14 Oct 20228.75×11.5×
21 Oct 20229.48×11.5×
28 Oct 20229.92×11.5×
4 Nov 20228.54×11.5×
11 Nov 20229.63×11.5×
18 Nov 20229.80×11.5×
25 Nov 20229.63×11.5×
2 Dec 20229.63×11.5×
9 Dec 20229.42×11.5×
16 Dec 20228.88×11.5×
23 Dec 20228.46×11.5×
30 Dec 20228.68×11.5×
6 Jan 20239.02×11.5×
13 Jan 20239.47×11.5×
20 Jan 20239.26×11.5×
27 Jan 20239.70×11.5×
3 Feb 202310.7×11.5×
10 Feb 202310.2×11.5×
17 Feb 202310.1×11.5×
24 Feb 20239.89×11.5×
3 Mar 20239.86×11.5×
10 Mar 20239.31×11.5×
17 Mar 20239.21×11.5×
24 Mar 20239.14×11.5×
31 Mar 20239.27×11.5×
6 Apr 20238.58×11.5×
14 Apr 20238.75×11.5×
21 Apr 20238.42×11.5×
28 Apr 20238.08×11.5×
5 May 20237.50×11.5×
12 May 20237.65×11.5×
19 May 20238.73×11.5×
26 May 202310.7×11.5×
2 Jun 202310.9×11.5×
9 Jun 202311.5×11.5×
16 Jun 202311.8×11.5×
23 Jun 202311.6×11.5×
30 Jun 202313.0×11.5×
7 Jul 202312.6×11.5×
14 Jul 202313.0×11.5×
21 Jul 202312.7×11.5×
28 Jul 202313.2×11.5×
4 Aug 202313.4×11.5×
11 Aug 202312.1×11.5×
18 Aug 202311.6×11.5×
25 Aug 202311.7×11.5×
1 Sep 202312.6×11.5×
8 Sep 202310.4×11.5×
15 Sep 202310.2×11.5×
22 Sep 202310.1×11.5×
29 Sep 202310.5×11.5×
6 Oct 202310.8×11.5×
13 Oct 202310.6×11.5×
20 Oct 20239.97×11.5×
27 Oct 20239.70×11.5×
3 Nov 20239.73×11.5×
10 Nov 20239.93×11.5×
17 Nov 202310.7×11.5×
24 Nov 202310.5×11.5×
1 Dec 202310.4×11.5×
8 Dec 202310.3×11.5×
15 Dec 202314.5×11.5×
22 Dec 202315.3×11.5×
29 Dec 202315.4×11.5×
5 Jan 202414.1×11.5×
12 Jan 202414.2×11.5×
19 Jan 202415.3×11.5×
26 Jan 202414.8×11.5×
2 Feb 202415.3×11.5×
9 Feb 202416.3×11.5×
16 Feb 202416.7×11.5×
23 Feb 202414.0×11.5×
1 Mar 202414.8×11.5×
8 Mar 202414.4×11.5×
15 Mar 202413.9×11.5×
22 Mar 202414.4×11.5×
28 Mar 202414.2×11.5×
5 Apr 202414.1×11.5×
12 Apr 202413.8×11.5×
19 Apr 202412.7×11.5×
26 Apr 202414.2×11.5×
3 May 202413.4×11.5×
10 May 202413.5×11.5×
17 May 202413.4×11.5×
24 May 202412.3×11.5×
31 May 202412.8×11.5×
7 Jun 202412.0×11.5×
14 Jun 202411.5×11.5×
21 Jun 202411.7×11.5×
28 Jun 202411.5×11.5×
5 Jul 202411.9×11.5×
12 Jul 202412.4×11.5×
19 Jul 202412.1×11.5×
26 Jul 202412.0×11.5×
2 Aug 202411.2×11.5×
9 Aug 202411.0×11.5×
16 Aug 202412.1×11.5×
23 Aug 202412.4×11.5×
30 Aug 202413.1×11.5×
6 Sep 202411.2×11.5×
13 Sep 202412.0×11.5×
20 Sep 202411.9×11.5×
27 Sep 202412.6×11.5×
4 Oct 202412.5×11.5×
11 Oct 202412.3×11.5×
18 Oct 202412.1×11.5×
25 Oct 202412.0×11.5×
1 Nov 202411.1×11.5×
8 Nov 202412.2×11.5×
15 Nov 202411.3×11.5×
22 Nov 202411.9×11.5×
29 Nov 202411.9×11.5×
6 Dec 202412.1×11.5×
13 Dec 202412.7×11.5×
20 Dec 202411.5×11.5×
27 Dec 202411.4×11.5×
3 Jan 202511.5×11.5×
10 Jan 202511.3×11.5×
17 Jan 202511.8×11.5×
24 Jan 202511.2×11.5×
31 Jan 202511.0×11.5×
7 Feb 20259.58×11.5×
14 Feb 20259.48×11.5×
21 Feb 20259.26×11.5×
28 Feb 20258.87×11.5×
7 Mar 20259.24×11.5×
14 Mar 20259.05×11.5×
21 Mar 20258.94×11.5×
28 Mar 20258.77×11.5×
4 Apr 20257.45×11.5×
11 Apr 20257.68×11.5×
17 Apr 20257.52×11.5×
25 Apr 20257.94×11.5×
2 May 20258.18×11.5×
9 May 202510.2×11.5×
16 May 202510.7×11.5×
23 May 202510.2×11.5×
30 May 20258.72×11.5×
6 Jun 20259.45×11.5×
13 Jun 20259.58×11.5×
20 Jun 20259.50×11.5×
27 Jun 20259.78×11.5×
3 Jul 202510.6×11.5×
11 Jul 202510.2×11.5×
18 Jul 202510.0×11.5×
25 Jul 202510.3×11.5×
1 Aug 202510.3×11.5×
8 Aug 202511.5×11.5×
15 Aug 202511.8×11.5×
22 Aug 202512.6×11.5×
29 Aug 202512.9×11.5×
5 Sep 202512.9×11.5×
12 Sep 202512.8×11.5×
19 Sep 202514.2×11.5×
26 Sep 202513.2×11.5×
3 Oct 202513.9×11.5×
10 Oct 202512.4×11.5×
17 Oct 202513.2×11.5×
24 Oct 202513.6×11.5×
31 Oct 202510.4×11.5×
7 Nov 20259.49×11.5×
14 Nov 20259.23×11.5×
21 Nov 20259.21×11.5×
28 Nov 202510.0×11.5×
5 Dec 202510.6×11.5×
12 Dec 202515.9×11.5×
19 Dec 202514.5×11.5×
26 Dec 202514.8×11.5×
2 Jan 202614.6×11.5×
9 Jan 202614.6×11.5×
16 Jan 202615.1×11.5×
23 Jan 202615.2×11.5×
30 Jan 202615.1×11.5×
6 Feb 202615.9×11.5×
13 Feb 202616.5×11.5×
20 Feb 202616.2×11.5×
27 Feb 202615.9×11.5×
6 Mar 202614.0×11.5×
13 Mar 202614.3×11.5×
20 Mar 202615.5×11.5×
27 Mar 202616.9×11.5×
2 Apr 202617.4×11.5×
10 Apr 202619.1×11.5×
17 Apr 202619.1×11.5×
24 Apr 202619.1×11.5×
1 May 202619.1×11.5×
8 May 202619.1×11.5×
15 May 202618.3×11.5×
22 May 202618.8×11.5×
29 May 202611.8×11.5×
5 Jun 202610.6×11.5×
12 Jun 202611.6×11.5×
18 Jun 202612.3×11.5×
26 Jun 202611.2×11.5×
2 Jul 202610.5×11.5×
10 Jul 202610.9×11.5×
17 Jul 202610.5×11.5×
24 Jul 202611.1×11.5×
31 Jul 202611.1×11.5×
7 Aug 202611.5×11.5×
14 Aug 202611.7×11.5×
21 Aug 202610.7×11.5×
28 Aug 20269.76×11.5×
4 Sep 202610.3×11.5×
11 Sep 202610.2×11.5×
18 Sep 202610.3×11.5×
25 Sep 202610.7×11.5×
2 Oct 202611.1×11.5×
9 Oct 202610.4×11.5×
16 Oct 20269.69×11.5×
23 Oct 20269.91×11.5×
30 Oct 20269.71×11.5×
4 Nov 20269.64×11.5×

Earnings per share, 12 months

  • Earnings per share, 12 months $2.84
Earnings per share, 12 months
WeekEarnings per share, 12 months
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$1.43
1 Jul 2022$1.43
8 Jul 2022$1.43
15 Jul 2022$1.43
22 Jul 2022$1.43
29 Jul 2022$1.43
5 Aug 2022$1.43
12 Aug 2022$1.43
19 Aug 2022$1.43
26 Aug 2022$1.43
2 Sep 2022$1.43
9 Sep 2022$1.43
16 Sep 2022$1.43
23 Sep 2022$1.43
30 Sep 2022$1.66
7 Oct 2022$1.66
14 Oct 2022$1.66
21 Oct 2022$1.66
28 Oct 2022$1.66
4 Nov 2022$1.66
11 Nov 2022$1.66
18 Nov 2022$1.66
25 Nov 2022$1.66
2 Dec 2022$1.66
9 Dec 2022$1.66
16 Dec 2022$1.66
23 Dec 2022$1.66
30 Dec 2022$1.94
6 Jan 2023$1.94
13 Jan 2023$1.94
20 Jan 2023$1.94
27 Jan 2023$1.94
3 Feb 2023$1.94
10 Feb 2023$1.94
17 Feb 2023$1.94
24 Feb 2023$1.94
3 Mar 2023$1.94
10 Mar 2023$1.94
17 Mar 2023$1.94
24 Mar 2023$1.94
31 Mar 2023$1.79
6 Apr 2023$1.79
14 Apr 2023$1.79
21 Apr 2023$1.79
28 Apr 2023$1.79
5 May 2023$1.79
12 May 2023$1.79
19 May 2023$1.79
26 May 2023$1.79
2 Jun 2023$1.79
9 Jun 2023$1.79
16 Jun 2023$1.79
23 Jun 2023$1.79
30 Jun 2023$1.99
7 Jul 2023$1.99
14 Jul 2023$1.99
21 Jul 2023$1.99
28 Jul 2023$1.99
4 Aug 2023$1.99
11 Aug 2023$1.99
18 Aug 2023$1.99
25 Aug 2023$1.99
1 Sep 2023$1.99
8 Sep 2023$1.99
15 Sep 2023$1.99
22 Sep 2023$1.99
29 Sep 2023$1.92
6 Oct 2023$1.92
13 Oct 2023$1.92
20 Oct 2023$1.92
27 Oct 2023$1.92
3 Nov 2023$1.92
10 Nov 2023$1.92
17 Nov 2023$1.92
24 Nov 2023$1.92
1 Dec 2023$1.92
8 Dec 2023$1.92
15 Dec 2023$1.92
22 Dec 2023$1.92
29 Dec 2023$2.04
5 Jan 2024$2.04
12 Jan 2024$2.04
19 Jan 2024$2.04
26 Jan 2024$2.04
2 Feb 2024$2.04
9 Feb 2024$2.04
16 Feb 2024$2.04
23 Feb 2024$2.04
1 Mar 2024$2.04
8 Mar 2024$2.04
15 Mar 2024$2.04
22 Mar 2024$2.04
28 Mar 2024$2.00
5 Apr 2024$2.00
12 Apr 2024$2.00
19 Apr 2024$2.00
26 Apr 2024$2.00
3 May 2024$2.00
10 May 2024$2.00
17 May 2024$2.00
24 May 2024$2.00
31 May 2024$2.00
7 Jun 2024$2.00
14 Jun 2024$2.00
21 Jun 2024$2.00
28 Jun 2024$2.14
5 Jul 2024$2.14
12 Jul 2024$2.14
19 Jul 2024$2.14
26 Jul 2024$2.14
2 Aug 2024$2.14
9 Aug 2024$2.14
16 Aug 2024$2.14
23 Aug 2024$2.14
30 Aug 2024$2.14
6 Sep 2024$2.14
13 Sep 2024$2.14
20 Sep 2024$2.14
27 Sep 2024$1.97
4 Oct 2024$1.97
11 Oct 2024$1.97
18 Oct 2024$1.97
25 Oct 2024$1.97
1 Nov 2024$1.97
8 Nov 2024$1.97
15 Nov 2024$1.97
22 Nov 2024$1.97
29 Nov 2024$1.97
6 Dec 2024$1.97
13 Dec 2024$1.97
20 Dec 2024$1.97
27 Dec 2024$2.09
3 Jan 2025$2.09
10 Jan 2025$2.09
17 Jan 2025$2.09
24 Jan 2025$2.09
31 Jan 2025$2.09
7 Feb 2025$2.09
14 Feb 2025$2.09
21 Feb 2025$2.09
28 Feb 2025$2.09
7 Mar 2025$2.09
14 Mar 2025$2.09
21 Mar 2025$2.09
28 Mar 2025$2.35
4 Apr 2025$2.35
11 Apr 2025$2.35
17 Apr 2025$2.35
25 Apr 2025$2.35
2 May 2025$2.35
9 May 2025$2.35
16 May 2025$2.35
23 May 2025$2.35
30 May 2025$2.35
6 Jun 2025$2.35
13 Jun 2025$2.35
20 Jun 2025$2.35
27 Jun 2025$1.92
3 Jul 2025$1.92
11 Jul 2025$1.92
18 Jul 2025$1.92
25 Jul 2025$1.92
1 Aug 2025$1.92
8 Aug 2025$1.92
15 Aug 2025$1.92
22 Aug 2025$1.92
29 Aug 2025$1.92
5 Sep 2025$1.92
12 Sep 2025$1.92
19 Sep 2025$1.92
26 Sep 2025$1.76
3 Oct 2025$1.76
10 Oct 2025$1.76
17 Oct 2025$1.76
24 Oct 2025$1.76
31 Oct 2025$1.76
7 Nov 2025$1.76
14 Nov 2025$1.76
21 Nov 2025$1.76
28 Nov 2025$1.76
5 Dec 2025$1.76
12 Dec 2025$1.76
19 Dec 2025$1.76
26 Dec 2025$2.29
2 Jan 2026$2.29
9 Jan 2026$2.29
16 Jan 2026$2.29
23 Jan 2026$2.29
30 Jan 2026$2.29
6 Feb 2026$2.29
13 Feb 2026$2.29
20 Feb 2026$2.29
27 Feb 2026$2.29
6 Mar 2026$2.29
13 Mar 2026$2.29
20 Mar 2026$2.29
27 Mar 2026$2.35
2 Apr 2026$2.35
10 Apr 2026$2.35
17 Apr 2026$2.35
24 Apr 2026$2.35
1 May 2026$2.35
8 May 2026$2.35
15 May 2026$2.35
22 May 2026$2.35
29 May 2026$2.35
5 Jun 2026$2.35
12 Jun 2026$2.35
18 Jun 2026$2.35
26 Jun 2026$2.74
2 Jul 2026$2.74
10 Jul 2026$2.74
17 Jul 2026$2.74
24 Jul 2026$2.74
31 Jul 2026$2.74
7 Aug 2026$2.74
14 Aug 2026$2.74
21 Aug 2026$2.74
28 Aug 2026$2.74
4 Sep 2026$2.74
11 Sep 2026$2.74
18 Sep 2026$2.74
25 Sep 2026$2.84
2 Oct 2026$2.84
9 Oct 2026$2.84
16 Oct 2026$2.84
23 Oct 2026$2.84
30 Oct 2026$2.84
4 Nov 2026$2.84
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.5 years of history; short peaks above 19× are drawn at the top edge.

PEG 1.88 at the Aug 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.88×
  • PEG = 1.0 1.00×
PEG 1.88 at the Aug 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Oct 20211.88×1.00×
Jan 20221.88×1.00×
May 20221.88×1.00×
Jul 20221.88×1.00×
Oct 20221.88×1.00×
Jan 20231.88×1.00×
Apr 20231.88×1.00×
Jul 20231.88×1.00×
Oct 20231.88×1.00×
Jan 20241.88×1.00×
Feb 20241.88×1.00×
Apr 20241.88×1.00×
Jul 20241.88×1.00×
Oct 20241.88×1.00×
Feb 20251.88×1.00×
May 20251.88×1.00×
Aug 20251.88×1.00×
Oct 20251.88×1.00×
Feb 20261.88×1.00×
May 20261.88×1.00×
Aug 20261.88×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 21 quarters.
9.7×P/E · lower than 78% of its last 4.5 years
2.90PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +9.1% while the price moved +26.1%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +11.4% a year; about +11.7% a year came from earnings growth and about −0.3 percentage points from the multiple (roughly no change). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Photronics business getting better or worse?

Photronics, Inc.'s business is turning around. Profit growth has swung from −17.9% at its low to +52.2%, improving for 4 quarters in a row, with ROCE steady at 11.5%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −2.0% in FY25, profit +4.4%

  • Revenue growth −2.0%
Growth year by year: revenue −2.0% in FY25, profit +4.4%
QuarterRevenue growth
FY21–
FY2224.2%
FY238.2%
FY24−2.8%
FY25−2%

Profit growth, EPS growth

  • Profit growth 4.4%
  • EPS growth 9.1%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22114.2%118%
FY235.6%4.6%
FY244.1%3%
FY254.4%9.1%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit accelerating

  • Revenue 1.2%
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
QuarterRevenue
Jan 20246.1%
Feb 20241.6%
Apr 20240.3%
Jul 2024−3.5%
Oct 2024−3.4%
Feb 2025−2.4%
May 2025−2.3%
Aug 2025−0.5%
Oct 2025−2%
Feb 2026−0.1%
May 20260.5%
Aug 20261.2%

Profit, EPS

  • Profit 52.2%
  • EPS 61.8%
Profit, EPS
QuarterProfitEPS
Jan 202425.5%24.6%
Feb 202412%0.5%
Apr 202423.9%11.4%
Jul 20248.3%−3.4%
Oct 20244.3%−6.2%
Feb 20257.7%17.6%
May 2025−17.9%−10.4%
Aug 2025−20.2%−10.9%
Oct 2025−5%9.4%
Feb 2026−7.4%−0.1%
May 202632.6%43.1%
Aug 202652.2%61.8%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 11.5%
ROCE: the return line, worked out each quarter
QuarterROCE
Jan 202419.3%
Feb 202418.4%
Apr 202417.3%
Jul 202416%
Oct 202415.1%
Feb 202514.7%
May 202514.7%
Aug 202514%
Oct 202513.1%
Feb 202613%
May 202612%
Aug 202611.5%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +1.2%, range −3.5% to +6.1%
RisingProfit growth · latest +52.2%, range −20.2% to +52.2%
RisingEPS growth · latest +61.8%, range −10.9% to +61.8%
Stuck lowROCE · latest 11.5%, range 11.5% to 19.3%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−2.0%+1.0%——
Profit+4.4%+4.7%——
EPS+9.1%+5.5%——
Stock price+26.1%+11.4%+14.2%+10.7%
+2.7%Revenue growth (Aug 2026) · latest quarter against a year ago
+26.3%Profit growth (Aug 2026) · latest quarter against a year ago
6.4%Revenue, 4 years · yearly growth over the long run

How much does Photronics earn on its capital?

Photronics, Inc. earned a ROE of 9% in FY25. That is up from a low of 6% in FY21. Its return on capital used (ROIC) is 4.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 16.1% net margin and 0.47× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 16.1% net margin × 0.47× asset turnover × 1.13× leverage (assets divided by equity) ≈ 8.6% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 15.9% − 11.5% = +4.4 percentage points. The 11.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

The 15.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 19.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 9%, the climb back from FY21's 6%

  • ROE 8.5%
  • ROIC (annual) 19%
  • Cost of capital 11.5%
FY25: ROE 9%, the climb back from FY21's 6%
QuarterROEROIC (annual)Cost of capital
FY215.5%9.1%11.5%
FY2211.2%20%11.5%
FY239.8%24.3%11.5%
FY248.8%19.9%11.5%
FY258.5%19%11.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 11.5% cost of capital used on this page.

Aug 2026: ROIC 16.8% (last 12 months) against a 11.5% cost of capital

  • ROIC (12 months) 16.8%
  • ROE (12 months) 10.3%
  • Cost of capital 11.5%
Aug 2026: ROIC 16.8% (last 12 months) against a 11.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Jan 202422.9%20%11.5%
Feb 202423.1%3.1%11.5%
Apr 202422.3%11.9%11.5%
Jul 202421.2%16.6%11.5%
Oct 202420%13.9%11.5%
Feb 202519.8%11.1%11.5%
May 202519.3%15.7%11.5%
Aug 202519.4%6.5%11.5%
Oct 202518.3%7.7%11.5%
Feb 202618.7%20.1%11.5%
May 202618.5%14.8%11.5%
Aug 202616.8%10.3%11.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Photronics have too much debt?

Photronics, Inc. has total debt of $3.9 M against shareholder equity of $1.7 B as of Aug 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.12 in FY21 to 0.00 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $6.0 M, 0.00× equity

  • Total debt $6.0 M
FY25: debt $6.0 M, 0.00× equity
QuarterTotal debt
FY21$117 M
FY22$45.6 M
FY23$30.7 M
FY24$23.0 M
FY25$6.0 M

Debt-to-equity

  • Debt-to-equity 0.00×
Debt-to-equity
QuarterDebt-to-equity
FY210.12×
FY220.04×
FY230.02×
FY240.02×
FY250.00×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Aug 2026: debt $3.9 M, debt-to-equity 0.00

  • Total debt (quarterly) $3.9 M
Aug 2026: debt $3.9 M, debt-to-equity 0.00
QuarterTotal debt (quarterly)
Jan 2024$23.4 M
Feb 2024$23.4 M
Apr 2024$21.8 M
Jul 2024$20.1 M
Oct 2024$23.0 M
Feb 2025$2.7 M
May 2025$0
Aug 2025$0
Oct 2025$6.0 M
Feb 2026$0
May 2026$3.9 M
Aug 2026$3.9 M

Debt-to-equity

  • Debt-to-equity 0.00×
Debt-to-equity
QuarterDebt-to-equity
Jan 20240.02×
Feb 20240.02×
Apr 20240.02×
Jul 20240.01×
Oct 20240.02×
Feb 20250.00×
May 20250.00×
Aug 20250.00×
Oct 20250.00×
Feb 20260.00×
May 20260.00×
Aug 20260.00×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Photronics shareholding pattern?

7.0% of Photronics, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

7.0%Short interest · of the tradable float
5.0Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Photronics from balance-sheet trouble?

For Photronics, Inc., the Z-score is 6.45. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 6.45 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Photronics rank in its industry?

53.9 out of 100, rank 10 of 29 in Semiconductor Equipment & Materials, with 85% of the evidence available.

Photronics, Inc. scores 53.9 out of 100 against the 29 companies it is compared with in Semiconductor Equipment & Materials, ranking 10. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

The four parts add up to the total exactly: 14.2 + 15.2 + 16 + 8.5 = 53.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Photronics compared with?

Photronics ranks 10 of 29 Semiconductor Equipment & Materials companies on the 4-Factor Sector Score, with 53.9 out of 100.

  1. 1ASML Holding N.V.ASML · quiet · Most evidence points up · 85% evidence76.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.6/35 · Revenue 22.5% · Profit 42.4% · Operating margin change 11.6 points · 95% evidenceCapital efficiency 21.0/25 · ROCE 44.7% · Operating margin 44.4% · 76% evidenceValuation 13.2/20 · P/E 43.3× · PEG 0.97 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 8.1% · Lead over S&P 500 -6.1% · 1 year 47.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 25.6 + 21 + 13.2 + 16.4 = 76.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Lam Research CorporationLRCX · quiet · Most evidence points up · 85% evidence71.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.2/35 · Revenue 33.4% · Profit 45.4% · Operating margin change 5.6 points · 95% evidenceCapital efficiency 21.4/25 · ROCE 50.7% · Operating margin 40% · 76% evidenceValuation 13.0/20 · P/E 46.7× · PEG 0.97 · 65% evidenceRelative strength 8.2/20 · Lead over its industry -6% · Lead over S&P 500 -20% · 1 year 39% · 100% evidence · 0 of 12 weeks aheadExact sum: 29.2 + 21.4 + 13 + 8.2 = 71.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Teradyne, Inc.TER · losing its lead · Most evidence points up · 81% evidence67.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.0/35 · Revenue 57.8% · Profit 100% · Operating margin change 18.9 points · 83% evidenceCapital efficiency 20.4/25 · ROCE 36.7% · Operating margin 33.2% · 76% evidenceValuation 11.8/20 · P/E 59.5× · PEG 1.03 · 65% evidenceRelative strength 4.5/20 · Lead over its industry -12% · Lead over S&P 500 -25.4% · 1 year 37.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 31 + 20.4 + 11.8 + 4.5 = 67.7 · What this means: Earnings are strong; relative strength in its sector is -12% and the one-year return is 37.8%.
  4. 4KLA CorporationKLAC · quiet · Evidence leans up · 85% evidence63.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.3/35 · Revenue 15.8% · Profit 24.1% · Operating margin change 3.3 points · 95% evidenceCapital efficiency 21.1/25 · ROCE 44.7% · Operating margin 45% · 76% evidenceValuation 8.7/20 · P/E 48.4× · PEG 1.91 · 65% evidenceRelative strength 11.1/20 · Lead over its industry -3.7% · Lead over S&P 500 -17.2% · 1 year 25.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.3 + 21.1 + 8.7 + 11.1 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Kulicke and Soffa Industries, Inc.KLIC · quiet · Evidence leans up · 64% evidence60.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Revenue 44.8% · Profit 100% · Operating margin change 20 points · 62% evidenceCapital efficiency 14.3/25 · ROCE 12.5% · Operating margin 20.7% · 76% evidenceValuation 10.1/20 · P/E 54.9× · PEG — · 15% evidenceRelative strength 11.5/20 · Lead over its industry -2.2% · Lead over S&P 500 -17.8% · 1 year 78.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 14.3 + 10.1 + 11.5 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Applied Materials, Inc.AMAT · quiet · Evidence leans up · 85% evidence58.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.8/35 · Revenue 7.8% · Profit 35.6% · Operating margin change 3.1 points · 95% evidenceCapital efficiency 20.1/25 · ROCE 29% · Operating margin 33.7% · 76% evidenceValuation 11.4/20 · P/E 45.9× · PEG 1.21 · 65% evidenceRelative strength 9.9/20 · Lead over its industry 0.7% · Lead over S&P 500 -14.5% · 1 year 60.5% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.8 + 20.1 + 11.4 + 9.9 = 58.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Cohu, Inc.COHU · losing its lead · Evidence leans up · 64% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 32.5% · Profit — · Operating margin change 15.4 points · 62% evidenceCapital efficiency 4.8/25 · ROCE -2.9% · Operating margin 0.6% · 76% evidenceValuation 10.8/20 · P/E 27.1× · PEG — · 15% evidenceRelative strength 16.7/20 · Lead over its industry 16.7% · Lead over S&P 500 -2.3% · 1 year 83.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 23.4 + 4.8 + 10.8 + 16.7 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8FormFactor, Inc.FORM · losing its lead · Evidence leans up · 81% evidence55.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.3/35 · Revenue 18.1% · Profit 100% · Operating margin change 17.8 points · 83% evidenceCapital efficiency 15.8/25 · ROCE 12.7% · Operating margin 24.1% · 76% evidenceValuation 4.6/20 · P/E 88.3× · PEG 4.6 · 65% evidenceRelative strength 6.6/20 · Lead over its industry -6.7% · Lead over S&P 500 -21.7% · 1 year 63.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 28.3 + 15.8 + 4.6 + 6.6 = 55.3 · What this means: Earnings are strong; relative strength in its sector is -6.7% and the one-year return is 63.1%.
  9. 9Amkor Technology, Inc.AMKR · quiet · Evidence leans up · 81% evidence54.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.8/35 · Revenue 17.9% · Profit 82.9% · Operating margin change 4.4 points · 83% evidenceCapital efficiency 12.4/25 · ROCE 8.5% · Operating margin 10.5% · 76% evidenceValuation 14.8/20 · P/E 38.5× · PEG 0.68 · 65% evidenceRelative strength 2.8/20 · Lead over its industry -27% · Lead over S&P 500 -37.5% · 1 year 2.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.8 + 12.4 + 14.8 + 2.8 = 54.8 · What this means: Earnings are strong; relative strength in its sector is -27% and the one-year return is 2.5%.
  10. 10Photronics, Inc. this pagePLAB · quiet · Evidence leans up · 85% evidence53.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.2/35 · Revenue 1.3% · Profit 51.4% · Operating margin change -1.8 points · 95% evidenceCapital efficiency 15.2/25 · ROCE 10.9% · Operating margin 21.1% · 76% evidenceValuation 16.0/20 · P/E 10.8× · PEG 0.43 · 65% evidenceRelative strength 8.5/20 · Lead over its industry -14.7% · Lead over S&P 500 -24.7% · 1 year 26.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 14.2 + 15.2 + 16 + 8.5 = 53.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  11. 11Qnity Electronics, Inc.Q · quiet · Evidence leans up · 65% evidence53.2out of 100GrowthCapitalValuationRelative
  12. 12Entegris, Inc.ENTG · losing its lead · Evidence leans up · 81% evidence52.9out of 100GrowthCapitalValuationRelative
  13. 13InTest CorporationINTT · turning · Evidence leans up · 64% evidence52.5out of 100GrowthCapitalValuationRelative
  14. 14AXT, Inc.AXTI · losing its lead · Evidence leans up · 64% evidence51.0out of 100GrowthCapitalValuationRelative
  15. 15IPG Photonics CorporationIPGP · basing · Evidence leans down · 74% evidence49.3out of 100GrowthCapitalValuationRelative
  16. 16Ambarella, Inc.AMBA · quiet · Evidence leans down · 67% evidence49.3out of 100GrowthCapitalValuationRelative
  17. 17Amtech Systems, Inc.ASYS · quiet · Evidence leans down · 64% evidence44.8out of 100GrowthCapitalValuationRelative
  18. 18Nova Ltd.NVMI · basing · Evidence leans down · 81% evidence44.4out of 100GrowthCapitalValuationRelative
  19. 19Onto Innovation Inc.ONTO · quiet · Too little evidence to rank firmly · 56% evidence41.0out of 100GrowthCapitalValuationRelative
  20. 20Aehr Test Systems, Inc.AEHR · losing its lead · Evidence leans down · 64% evidence40.6out of 100GrowthCapitalValuationRelative
  21. 21ACM Research, Inc.ACMR · quiet · Evidence leans down · 81% evidence39.5out of 100GrowthCapitalValuationRelative
  22. 22Camtek Ltd.CAMT · quiet · Evidence leans down · 81% evidence38.5out of 100GrowthCapitalValuationRelative
  23. 23Veeco Instruments Inc.VECO · quiet · Evidence leans down · 81% evidence37.7out of 100GrowthCapitalValuationRelative
  24. 24Axcelis Technologies, Inc.ACLS · quiet · Evidence leans down · 81% evidence37.3out of 100GrowthCapitalValuationRelative
  25. 25Ichor Holdings, Ltd.ICHR · quiet · Most evidence points down · 64% evidence34.7out of 100GrowthCapitalValuationRelative
  26. 26Daqo New Energy Corp.DQ · quiet · Most evidence points down · 64% evidence34.3out of 100GrowthCapitalValuationRelative
  27. 27Ultra Clean Holdings, Inc.UCTT · quiet · Most evidence points down · 64% evidence34.1out of 100GrowthCapitalValuationRelative
  28. 28Trio-Tech InternationalTRT · Too little evidence to rank firmly · 0% evidence50.0out of 100GrowthCapitalValuationRelative
  29. 29Atomera IncorporatedATOM · quiet · Too little evidence to rank firmly · 49% evidence38.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Semiconductor Equipment & Materials, all 29 compared on one page.

Which companies are close to Photronics in size?

Photronics is the 23rd largest of 26 Semiconductor Equipment & Materials companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Ultra Clean Holdings, Inc., Cohu, Inc. and Aehr Test Systems, Inc. Just below it: Ichor Holdings, Daqo New Energy Corp. and Amtech Systems, Inc.

Semiconductor Equipment & Materials companies close in size

  1. Ultra Clean Holdings, Inc. $2.1 billion
  2. Cohu, Inc. $2.1 billion
  3. Aehr Test Systems, Inc. $2 billion
  4. Photronics, Inc. $1.6 billion
  5. Ichor Holdings, Ltd. $1.3 billion
  6. Daqo New Energy Corp. $813 million
  7. Amtech Systems, Inc. $216 million

All 26 Semiconductor Equipment & Materials companies, largest first

Companies close in size in other industries

  1. Distribution Solutions Group, Inc. $1.6 billion · Industrial Distribution
  2. agilon health, inc. $1.6 billion · Medical Care Facilities
  3. Photronics, Inc. $1.6 billion
  4. Century Communities, Inc. $1.6 billion · Real Estate - Development
  5. Stepan Company $1.6 billion · Specialty Chemicals

What else do people ask about Photronics?

What were Photronics's latest quarterly results?

Photronics, Inc. reported revenue of $216 M and net profit of $28.9 M for the Aug 2026 quarter. Revenue rose 2.7% and profit rose 26.3% compared with a year earlier. Earnings per share were $0.49.

The operating margin was 21.1%, 1.8 percentage points lower than a year earlier (as of 4 November 2026).

What is Photronics's market cap?

Photronics, Inc.'s market capitalisation is $1.6 B at a stock price of $27.38. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Photronics performing?

Photronics, Inc.'s share price has been moving sideways for 20 weeks. In its latest quarter, revenue rose 2.7% and profit rose 26.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 5 weeks running (as of 4 November 2026).

Will Photronics's stock price go up?

This page does not forecast Photronics, Inc.'s stock price. What it shows instead: the stock price is $27.38, and it has been moving sideways for 20 weeks. Its P/E of 9.7× is higher than 22% of its own last 5 years (as of 4 November 2026).

Where is Photronics in its business cycle?

Photronics, Inc.'s FY25 operating margin was 24.5%, against a 5-year range of 14.2% to 28.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 21.1%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Photronics story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Photronics a stock worth studying right now?

What the numbers show: Photronics, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.5 years, higher than only 22% of past readings. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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