Photronics Inc (PLAB)

Semiconductors & Related Devices

Latest Price

$29.12

TTM P/E

10.29

Normalized P/E

13.97

TTM Div Yield

Fwd Div Yield

Book Value

21.71

P/B Ratio

1.34

Valuation metrics

EPS: $2.28

Book value / share: $20.36

Formula: √(22.5 × EPS × BVPS)

Graham Number

$32.32

+12% upside

Norm. op. income: $208M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$37.29

+29% upside

Base FCF: $131M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$19.85

31% downside

EPS: $2.28

Target P/E: 14×

Formula: EPS × P/E

P/E Fair Value

$31.92

+11% upside

97.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	9.49M	$308.0M	16.30%	+99.1K	2026-06-30
Dimensional Fund Advisors LP	3.64M	$118.0M	6.26%	-320.1K	2026-06-30
American Century Companies Inc	3.39M	$110.0M	5.82%	+567.5K	2026-06-30
Vanguard Portfolio Management LLC	2.97M	$96.0M	5.11%	+127.4K	2026-06-30
Vanguard Capital Management LLC	2.50M	$81.0M	4.30%	-1.5K	2026-06-30
State Street Corp	2.34M	$76.0M	4.02%	+100.1K	2026-06-30
Lsv Asset Management	2.19M	$71.0M	3.76%	-697.3K	2026-06-30
Geode Capital Management, LLC	2.17M	$70.0M	3.72%	+313.1K	2026-06-30
Invesco Ltd.	1.84M	$59.0M	3.16%	+412.6K	2026-06-30
Price T Rowe Associates Inc	1.57M	$51.0M	2.70%	+668.3K	2026-06-30