So they don’t have the potential to make more than $7.5B in revenue per year? With a market cap of $338B?

Something doesn’t add up there.

Their max is about double that (other kinds of systems, and service.) That’s about a p/e of 60 which is too high but what this market has done to many stocks. There is some expectation of growth, too, of course. ASML will keep pushing their capabilities and if trends continue, they should eventually be selling individual machines worth an order of magnitude more.