This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. CMC Materials's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 was $43.394. CMC Materials's 10-Year median PS Ratio is 3.4044. Therefore, the Median PS Value for today is $147.73.
As of today (2024-04-26), CMC Materials's share price is $173.69. CMC Materials's Median PS Value is $147.73. Therefore, CMC Materials's Price to Median PS Value for today is 1.18.
The historical rank and industry rank for CMC Materials's Median PS Value or its related term are showing as below:
CCMP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.62 Med: 1.11 Max: 2.04
Current: 1.18
During the past 13 years, the highest Price to Median PS Value of CMC Materials was 2.04. The lowest was 0.62. And the median was 1.11.
CCMP's Price-to-Median-PS-Value is not ranked
in the Semiconductors industry.
Industry Median: 1.41
vs CCMP: 1.18
CMC Materials Median PS Value Historical Data
The historical data trend for CMC Materials's Median PS Value 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.
Competitive Comparison of CMC Materials's Median PS Value
For the Semiconductor Equipment & Materials subindustry, CMC Materials's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
CMC Materials's Price-to-Median-PS-Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, CMC Materials's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where CMC Materials's Price-to-Median-PS-Value falls into.
CMC Materials Median PS Value Calculation
CMC Materials's Median PS Value for today is calculated as
10-Year Median PS Ratio is 3.4044.
CMC Materials's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.394.
* 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.
CMC Materials (NAS:CCMP) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
CMC Materials's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
173.69
/
147.73
=
1.18
* 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.
CMC Materials Median PS Value Related Terms
Thank you for viewing the detailed overview of CMC Materials's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
CMC Materials (CMC Materials) Business Description
CMC Materials Inc is a supplier of polishing slurries and polishing pads used in the manufacturing of advanced integrated circuit devices within the semiconductor industry. The company's products assist in the production of advanced IC devices, by helping customers produce smaller, faster, and more complex IC devices with fewer defects. CMC's products are predominately geared towards the process of flattening layers of materials that are deposited upon silicon wafers in the production of ICs. Slightly less than half of the company's revenue is derived from foundry customers that provide contract manufacturing services for producers of logic devices.
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