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ASMPT (ASMVY) Cyclically Adjusted PS Ratio : 2.11 (As of May. 01, 2024)


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What is ASMPT Cyclically Adjusted PS Ratio?

As of today (2024-05-01), ASMPT's current share price is $37.46. ASMPT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.74. ASMPT's Cyclically Adjusted PS Ratio for today is 2.11.

The historical rank and industry rank for ASMPT's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASMVY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.51   Max: 2.28
Current: 2.13

During the past years, ASMPT's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.89. And the median was 1.51.

ASMVY's Cyclically Adjusted PS Ratio is ranked better than
52.06% of 680 companies
in the Semiconductors industry
Industry Median: 2.28 vs ASMVY: 2.13

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ASMPT's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.694. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $17.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASMPT Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ASMPT's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ASMPT Cyclically Adjusted PS Ratio Chart

ASMPT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.16 1.61

ASMPT Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.59 1.46 1.61 -

Competitive Comparison of ASMPT's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, ASMPT's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASMPT's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASMPT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ASMPT's Cyclically Adjusted PS Ratio falls into.



ASMPT Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ASMPT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.46/17.74
=2.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASMPT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ASMPT's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.694/129.4194*129.4194
=0.694

Current CPI (Dec. 2023) = 129.4194.

ASMPT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200612 0.000 85.142 0.000
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200906 0.000 91.003 0.000
200912 0.000 91.111 0.000
201006 0.000 91.962 0.000
201012 0.000 92.474 0.000
201106 0.000 95.235 0.000
201112 0.000 95.213 0.000
201206 2.847 96.819 3.806
201212 0.000 96.871 0.000
201306 2.775 98.518 3.645
201312 0.000 98.326 0.000
201406 3.317 100.560 4.269
201412 0.000 99.070 0.000
201506 3.621 100.684 4.654
201512 2.801 99.792 3.633
201606 3.513 101.688 4.471
201612 3.335 101.863 4.237
201706 4.119 103.349 5.158
201712 0.000 104.011 0.000
201806 0.000 106.317 0.000
201812 4.495 105.998 5.488
201906 0.000 108.070 0.000
201912 4.185 108.420 4.996
202006 0.000 108.767 0.000
202009 3.458 109.815 4.075
202012 4.637 109.897 5.461
202103 4.079 111.754 4.724
202106 4.875 114.631 5.504
202109 5.831 115.734 6.520
202112 5.779 117.630 6.358
202203 4.893 121.301 5.220
202206 4.817 125.017 4.987
202209 4.215 125.227 4.356
202212 4.044 125.222 4.180
202303 3.630 127.348 3.689
202306 3.595 128.729 3.614
202309 3.217 129.860 3.206
202312 0.694 129.419 0.694

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ASMPT  (OTCPK:ASMVY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ASMPT Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ASMPT's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ASMPT (ASMVY) Business Description

Industry
Traded in Other Exchanges
Address
2 Yishun Avenue 7, Singapore, SGP, 768924
ASMPT designs, manufactures and sells precision equipment used to assemble semiconductors and other electronic equipment. Listed on the Hong Kong Stock Exchange since 1989, ASMPT is headquartered in Hong Kong and has operations in Asia, Europe and the U.S. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market.

ASMPT (ASMVY) Headlines

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