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Amtech Systems (Amtech Systems) Cyclically Adjusted PS Ratio : 0.58 (As of Apr. 27, 2024)


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What is Amtech Systems Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Amtech Systems's current share price is $4.92. Amtech Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.54. Amtech Systems's Cyclically Adjusted PS Ratio for today is 0.58.

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

ASYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.72   Max: 2.01
Current: 0.58

During the past years, Amtech Systems's highest Cyclically Adjusted PS Ratio was 2.01. The lowest was 0.32. And the median was 0.72.

ASYS's Cyclically Adjusted PS Ratio is ranked better than
85.57% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs ASYS: 0.58

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.

Amtech Systems's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.756. 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 $8.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amtech Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amtech Systems'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.

Amtech Systems Cyclically Adjusted PS Ratio Chart

Amtech Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.51 1.49 1.07 0.89

Amtech Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.95 1.15 1.13 0.89 0.49

Competitive Comparison of Amtech Systems's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Amtech Systems'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.


Amtech Systems's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Amtech Systems 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.

Amtech Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.92/8.54
=0.58

* 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.

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

For example, Amtech Systems'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)
=1.756/129.4194*129.4194
=1.756

Current CPI (Dec. 2023) = 129.4194.

Amtech Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.314 99.695 1.706
201406 0.934 100.560 1.202
201409 2.013 100.428 2.594
201412 1.258 99.070 1.643
201503 2.023 99.621 2.628
201506 3.054 100.684 3.926
201509 2.143 100.392 2.763
201512 1.678 99.792 2.176
201603 1.707 100.470 2.199
201606 2.531 101.688 3.221
201609 3.218 101.861 4.089
201612 2.211 101.863 2.809
201703 2.498 102.862 3.143
201706 3.565 103.349 4.464
201709 -1.893 104.136 -2.353
201712 4.812 104.011 5.987
201803 1.393 105.290 1.712
201806 1.905 106.317 2.319
201809 1.567 106.507 1.904
201812 1.630 105.998 1.990
201903 1.447 107.251 1.746
201906 1.467 108.070 1.757
201909 1.411 108.329 1.686
201912 1.448 108.420 1.728
202003 1.022 108.902 1.215
202006 1.076 108.767 1.280
202009 1.074 109.815 1.266
202012 1.273 109.897 1.499
202103 1.398 111.754 1.619
202106 1.607 114.631 1.814
202109 1.680 115.734 1.879
202112 1.827 117.630 2.010
202203 1.948 121.301 2.078
202206 1.423 125.017 1.473
202209 2.296 125.227 2.373
202212 1.539 125.222 1.591
202303 2.353 127.348 2.391
202306 2.187 128.729 2.199
202309 1.956 129.860 1.949
202312 1.756 129.419 1.756

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.


Amtech Systems  (NAS:ASYS) 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.


Amtech Systems Cyclically Adjusted PS Ratio Related Terms

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


Amtech Systems (Amtech Systems) Business Description

Traded in Other Exchanges
Address
131 South Clark Drive, Tempe, AZ, USA, 85288
Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.
Executives
Robert C Daigle director C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Robert M Averick director, 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Michael M Ludwig director C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Michael Whang officer: Vice President of Operations 131 S CLARK DRIVE, TEMPE AZ 85281
Jong S Whang director, officer: Executive Chairman
Robert F King director C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Lisa Gibbs officer: VP & Chief Accounting Officer 131 S CLARK DRIVE, TEMPE AZ 85281
Robert T Hass officer: Interim CFO C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Cornice Fiduciary Management Llc 10 percent owner C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Fokko Pentinga director, officer: President and CEO TEMPRESS SYSTEMS, B.V., RADEWEG 31, VAASSEN P7 8171 MD
Wansem Paul J Van Der director, officer: See Remarks 597 LOWELL ROAD, CONCORD MA 01742
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Sukesh Mohan director C/O EL CAMINO TECHNOLOGIES LLC, 6200 STONERIDGE MALL ROAD, SUITE 300, PLEASANTON CA 94588
Bradley Clark Anderson officer: Chief Financial Officer 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Goudena Egbert J. G. director 131 SOUTH CLARK DRIVE, TEMPE AZ 85281