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The latest data point for ASML's EV/Sales ratio in Q1'26 stands at 49.63, reflecting a moderate pullback from the recent peak of 59.51 in Q4'25, yet remaining well above the series low of 29.24 observed in Q3'24. Over the period from Q2'23 to Q1'26, the EV/Sales ratio exhibits significant volatility with an overall upward trajectory, starting at 41.01 and climbing to a high of 67.40 in Q1'24 before declining sharply to 29.24 in Q3'24 amid market pressures. Subsequent recovery is evident from Q4'24 onward, with steady gains through Q3'25 and Q4'25, indicating renewed investor confidence in ASML's growth prospects despite periodic fluctuations typical of the semiconductor sector. This pattern suggests potential for further appreciation if underlying fundamentals strengthen, though risks of renewed declines persist based on historical swings.