Is Photronics (PLAB) overvalued or fairly valued?

MarketChacha shows Photronics's valuation in context — a trailing P/E of about 17.2, a forward P/E of about 15.5, a price-to-book of about 1.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Photronics's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.07×) from reported figures — education, not a rating.

What is Photronics's revenue?

Photronics reported revenue of $849.3M for FY2025, with net profit of $136.4M, per official filings.

What is the share price of Photronics (PLAB)?

Photronics last traded at $31.36 (+0.1% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Photronics

PLAB · NYSE · Technology · United States

$31.36+0.1%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:25 PM

Snapshot

TickerPLAB

ExchangeNYSE

SectorTechnology

IndustrySemiconductor Equipment & Materials

CountryUnited States

Employees1,900

HeadquartersBrookfield, United States

Market cap$1.8B

P/E (TTM)17.2

P/B1.5

Volume463.7K

Websitewww.photronics.com

Filings tracked3

About Photronics

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company also provides electrical and optical components. It sells its products to semiconductor and FPD designers, manufacturers, and foundries through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

Profile as reported by Yahoo Finance.

Who owns it

Insiders3.2%
Institutions96.8%
Public & other0.0%

458 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.15.92%
Dimensional Fund Advisors LP6.72%
LSV Asset Management4.89%
Vanguard Portfolio Management LLC4.82%
American Century Companies Inc4.78%
Vanguard Capital Management LLC4.25%
State Street Corporation3.80%
Victory Capital Management Inc.3.29%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.07×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend14.1% → 16.1%

Margin has expanded by about 2.0 points — the business is getting more profitable.

Growth qualityrev -2% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $215.7M · EPS 0.42

Est. earnings growth -29.4%

Next fiscal year

Rev $898.3M · EPS 2.02

Est. earnings growth +8.6%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$19.1352-wk range$56.00

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$1.8B

Day change

+0.1%

P/E (TTM)

17.2

Fwd P/E

15.5

P/B

1.5

Beta

1.37

Revenue (FY2025)

$849.3M

Net margin

16.1%

ROE

11.6%

Revenue CAGR (2y)

-2.4%

Profit CAGR (2y)

+4.3%

EPS (FY2025)

2.28

Net profit (FY2025)

$136.4M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about PLAB

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$849.3M	$136.4M	2.28	16.1%	11.6%
FY2024	$866.9M	$130.7M	2.09	15.1%	11.7%
FY2023	$892.1M	$125.5M	2.03	14.1%	12.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$209.9M	$31.4M	0.54	15.0%
2026Q1	$225.1M	$42.9M	0.74	19.1%
2025Q3	$210.4M	$22.9M	0.39	10.9%
2025Q2	$211.0M	$8.9M	0.15	4.2%
2025Q1	$212.1M	$42.9M	0.68	20.2%
2024Q3	$211.0M	$34.4M	0.55	16.3%
2024Q2	$217.0M	$36.3M	0.58	16.7%
2024Q1	$216.3M	$26.2M	0.42	12.1%
2023Q3	$224.2M	$27.0M	0.44	12.0%
2023Q2	$229.3M	$39.9M	0.65	17.4%
2023Q1	$211.1M	$14.0M	0.23	6.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC6/11/2026
8-K — Results of operations, Exhibits
SEC5/28/2026material
8-K — Shareholder vote results
SEC4/9/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.