AEHR TEST SYSTEMS (AEHR) trades at an adjusted P/E of -270.17 times and an EV/Revenue of 63.11 times.
AEHR TEST SYSTEMS (AEHR) trades at an adjusted P/E of -270.17 times and an EV/Revenue of 63.11 times. Enterprise value stands at -278.01 times EBITDA and -586.94 times free cash flow. Price to book is 14.44 times. Approximate return on invested capital for the last reported year was -3.2 %. The fiscal 2026 year-end price was 78.01 USD. The series covers 17 fiscal years, from 2010 to 2026. Multiples in the "Current" column are computed on the market price as of Sep 2, 2026; every other column uses each fiscal year's closing price. Prices and multiples are stated in USD; the underlying fundamentals come from as-reported SEC EDGAR filings.
| Beta | 3.09 |
|---|---|
| Financial statements currency | USD |
| Price currency | USD |
| Applied exchange rate | 1.00 |
| Shares outstanding | 32.6M |
Fiscal year end: December
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Actual | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fiscal year-end price (USD) | 0.60 | 0.80 | 2.85 | 2.71 | 1.80 | 2.35 | 2.70 | 1.44 | 2.00 | 2.46 | 22.16 | 19.90 | 27.88 | 16.51 | 21.46 | 78.01 | 97.15 |
| Market Cap (USD) | 5.36M | 7.31M | 30.2M | 30.4M | 23.1M | 31.1M | 57.6M | 31.9M | 45.3M | 56.8M | 526M | 540M | 796M | 479M | 641M | 2,534M | 3,169M |
| Enterprise Value (USD) | — | — | — | 28.6M | 21.4M | 36.1M | 45.9M | 21.1M | 39.9M | 53.1M | 523M | 508M | 754M | 436M | 627M | 2,427M | 3,155M |
| PER | -1.58× | -2.16× | -8.84× | 71.94× | -3.48× | -4.58× | -10.19× | 60.39× | -8.66× | -20.29× | -259.37× | 57.11× | 54.66× | 14.44× | -163.98× | -355.57× | -444.72× |
| Adjusted PER | -1.57× | -2.15× | -8.91× | 90.36× | -3.50× | -4.58× | -10.24× | 93.44× | -10.11× | -21.94× | -119.76× | 57.11× | 54.66× | 51.23× | -225.52× | -216.01× | -270.17× |
| Forward PER | -1.58× | -2.14× | 71.58× | -4.57× | -3.41× | -5.49× | 109.13× | -6.09× | -16.18× | -28.04× | 55.63× | 37.07× | 24.00× | -122.43× | -89.97× | -14.22× | 70.37× |
| Adjusted forward PER | -1.57× | -2.16× | 89.90× | -4.59× | -3.42× | -5.52× | 168.84× | -7.11× | -17.50× | -12.95× | 55.63× | 37.07× | 85.16× | -168.38× | -54.66× | — | — |
| Earnings Yield (%) | -63.24 % | -46.39 % | -11.32 % | 1.39 % | -28.72 % | -21.85 % | -9.81 % | 1.66 % | -11.55 % | -4.93 % | -0.39 % | 1.75 % | 1.83 % | 6.93 % | -0.61 % | -0.28 % | -0.22 % |
| PEG | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.90× |
| EV / EBITDA | — | — | — | 44.75× | -3.26× | -6.06× | -9.86× | 15.88× | -8.73× | -22.30× | -135.66× | 62.31× | 54.54× | 40.59× | -186.47× | -213.86× | -278.01× |
| EV / Revenue | — | — | — | 1.45× | 2.14× | 2.49× | 2.43× | 0.72× | 1.90× | 2.38× | 31.50× | 10.00× | 11.61× | 6.58× | 10.64× | 48.54× | 63.11× |
| Price / Book | 0.59× | 1.13× | 6.02× | 4.31× | 5.07× | -44.18× | 3.43× | 1.65× | 2.93× | 4.04× | 45.92× | 10.58× | 10.52× | 4.29× | 5.22× | 11.54× | 14.44× |
| EV / FCF | — | — | — | -30.18× | -9.02× | -5.01× | -9.24× | -11.00× | -6.87× | -24.27× | -178.57× | 465.39× | 87.18× | 432.72× | -50.63× | -451.50× | -586.94× |
| FCF Yield (%) | -77.57 % | -67.32 % | -1.45 % | -3.12 % | -10.26 % | -23.18 % | -8.63 % | -6.03 % | -12.81 % | -3.85 % | -0.56 % | 0.20 % | 1.09 % | 0.21 % | -1.93 % | -0.21 % | -0.17 % |
| Working capital | 8.03M | 6.12M | 4.90M | 6.56M | 7.78M | 4.07M | 21.5M | 18.3M | 14.5M | 13.8M | 10.1M | 49.0M | 72.7M | 87.3M | 73.1M | 167M | — |
| Invested capital | 9.10M | 6.48M | 5.01M | 7.05M | 8.36M | 5.26M | 22.9M | 25.4M | 15.5M | 15.8M | 13.1M | 51.0M | 75.6M | 112M | 123M | 220M | — |
| ROE (%) | -37.24 % | -52.35 % | -68.19 % | 5.99 % | -145.51 % | 965.15 % | -33.62 % | 2.74 % | -33.84 % | -19.90 % | -17.70 % | 18.53 % | 19.26 % | 29.71 % | -3.18 % | -3.25 % | -3.25 % |
| ROA (%) | -28.05 % | -29.19 % | -31.15 % | 3.45 % | -44.71 % | -67.54 % | -18.30 % | 1.71 % | -24.57 % | -13.62 % | -9.36 % | 15.16 % | 14.83 % | 25.92 % | -2.63 % | -2.89 % | -2.89 % |
| ROIC (approx.) (%) | -37.24 % | -52.35 % | -68.19 % | 5.99 % | -79.52 % | -129.02 % | -24.66 % | 2.08 % | -33.84 % | -17.78 % | -15.44 % | 18.53 % | 19.26 % | 29.71 % | -3.18 % | -3.25 % | — |
Figures in USD