SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Veeco Instruments Inc. (VECO) trades at a trailing P/E of 63.8, forward P/E of 24.4. Trailing earnings yield is 1.57%, forward earnings yield 4.11%. PEG 0.13 (Peter Lynch undervalued ≤1.0). Graham Number is $14.16.
Criteria proven by this page:
- VALUE (25/100, Fail) — trailing P/E is well above the S&P 500 average of ~25, suggesting a premium valuation (P/E 63.8); analyst consensus target implies downside from the current price ($34.75, 14.7%).
- Forward P/E 24.4 (down from trailing 63.8) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.13 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 1.57% — below bond yields — investors are paying a premium for expected growth rather than current earnings. Forward yield improves to 4.11% as earnings recover.
- Analyst consensus target $34.75 (-14.7% downside) — slight downside risk — the market may be ahead of analyst expectations.
Overall SharesGrow Score: 55/100 with 2/7 criteria passed.
SharesGrow 7-Criteria Score
✗
VALUE
25/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
83/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — VECO
Valuation Multiples
P/E (TTM)63.8
Forward P/E24.4
PEG Ratio0.13
Forward PEG0.13
P/B Ratio2.55
P/S Ratio3.46
EV/EBITDA32.5
Per Share Data
EPS (TTM)$0.60
Forward EPS (Est.)$1.67
Book Value / Share$14.93
Revenue / Share$11.20
FCF / Share$0.90
Yields & Fair Value
Earnings Yield1.57%
Forward Earnings Yield4.11%
Dividend Yield0.00%
Graham Number$14.16
SharesGrow IV$317.13 (+678.8%)
Analyst Target$34.75 (-14.7%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-9.4 |
-0.03 |
1.93 |
3.45 |
- |
| 2017 |
-14.6 |
0.22 |
0.78 |
1.35 |
- |
| 2018 |
-0.9 |
0.00 |
0.80 |
0.64 |
- |
| 2019 |
-8.9 |
0.11 |
1.86 |
1.66 |
- |
| 2020 |
-100.1 |
1.11 |
2.06 |
1.85 |
- |
| 2021 |
53.7 |
-0.13 |
3.19 |
2.40 |
- |
| 2022 |
5.6 |
0.01 |
1.60 |
1.44 |
- |
| 2023 |
-54.9 |
0.47 |
2.48 |
2.50 |
- |
| 2024 |
20.5 |
-0.06 |
1.96 |
2.11 |
- |
| 2025 |
47.9 |
-0.88 |
1.91 |
2.55 |
- |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-3.11 |
$332.45M |
$-122.21M |
-36.8% |
| 2017 |
$-1.01 |
$484.76M |
$-44.79M |
-9.2% |
| 2018 |
$-8.63 |
$542.08M |
$-407.09M |
-75.1% |
| 2019 |
$-1.66 |
$419.35M |
$-78.73M |
-18.8% |
| 2020 |
$-0.17 |
$454.16M |
$-8.39M |
-1.8% |
| 2021 |
$0.49 |
$583.28M |
$26.04M |
4.5% |
| 2022 |
$2.71 |
$646.14M |
$166.94M |
25.8% |
| 2023 |
$-0.56 |
$666.44M |
$-30.37M |
-4.6% |
| 2024 |
$1.16 |
$717.3M |
$73.71M |
10.3% |
| 2025 |
$0.59 |
$664.29M |
$35.39M |
5.3% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$1.67 |
$1.63 – $1.71 |
$770.02M |
$754.88M – $781.62M |
2 |
| 2027 |
$2.15 |
$2.10 – $2.20 |
$864.56M |
$847.57M – $877.59M |
2 |
