ASML Repurchases €124M Shares as P/E Rises to 36.7X on €38.8B Backlog
Between March 2-6, ASML repurchased over 105,676 shares under its buyback plan, spending roughly €124.0 million at weighted average prices between €1,153.60 and €1,205.99. The stock trades at a 36.67X P/E following an 89% rally over one year and benefits from a €38.8 billion EUV order backlog.
1. Share Buyback Program Updates
Between March 2 and 6, ASML repurchased a total of 105,676 shares under its current buyback program, deploying approximately €124.0 million. Weighted average repurchase prices ranged from €1,153.60 to €1,205.99 per share as outlined in the January 28, 2026 announcement.
2. Valuation Metrics and Order Backlog
ASML's stock currently trades at a 36.67X P/E after an 89% gain over the past year. Robust demand for EUV lithography tools and a €38.8 billion order backlog underpin the premium valuation and long-term growth outlook.