ASML stock plunges 22%, P/E ratio hits 5-year low while semis rally 60% since April
ASML’s valuation is still under pressure while the rest of the semiconductor sector keeps climbing. The SOX index is up 60% since April. ASML is not. The stock is down 22.3% year-to-date. Price-to-earnings ratio has dropped to 24.07. That’s the … Read more