GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ultra Clean Holdings Inc (NAS:UCTT) » Definitions » Cyclically Adjusted PB Ratio

UCTT (Ultra Clean Holdings) Cyclically Adjusted PB Ratio : 1.52 (As of Apr. 26, 2025)


View and export this data going back to 2004. Start your Free Trial

What is Ultra Clean Holdings Cyclically Adjusted PB Ratio?

As of today (2025-04-26), Ultra Clean Holdings's current share price is $22.49. Ultra Clean Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $14.82. Ultra Clean Holdings's Cyclically Adjusted PB Ratio for today is 1.52.

The historical rank and industry rank for Ultra Clean Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

UCTT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.69   Max: 7.42
Current: 1.5

During the past years, Ultra Clean Holdings's highest Cyclically Adjusted PB Ratio was 7.42. The lowest was 0.84. And the median was 2.69.

UCTT's Cyclically Adjusted PB Ratio is ranked better than
60.26% of 697 companies
in the Semiconductors industry
Industry Median: 1.81 vs UCTT: 1.50

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ultra Clean Holdings's adjusted book value per share data for the three months ended in Dec. 2024 was $19.387. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $14.82 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultra Clean Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ultra Clean Holdings's Cyclically Adjusted PB 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.

Ultra Clean Holdings Cyclically Adjusted PB Ratio Chart

Ultra Clean Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 5.76 2.81 2.55 2.43

Ultra Clean Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted PB 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 2.55 3.31 3.45 2.75 2.43

Competitive Comparison of Ultra Clean Holdings's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Ultra Clean Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ultra Clean Holdings's Cyclically Adjusted PB Ratio falls into.


;
;

Ultra Clean Holdings Cyclically Adjusted PB Ratio Calculation

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

Ultra Clean Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.49/14.82
=1.52

* 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.

Ultra Clean Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Ultra Clean Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=19.387/133.1571*133.1571
=19.387

Current CPI (Dec. 2024) = 133.1571.

Ultra Clean Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 6.503 99.621 8.692
201506 6.577 100.684 8.698
201509 6.661 100.392 8.835
201512 6.343 99.792 8.464
201603 6.091 100.470 8.073
201606 6.126 101.688 8.022
201609 6.342 101.861 8.291
201612 6.680 101.863 8.732
201703 6.933 102.862 8.975
201706 7.590 103.349 9.779
201709 8.228 104.136 10.521
201712 8.920 104.011 11.420
201803 10.835 105.290 13.703
201806 11.286 106.317 14.135
201809 11.148 106.507 13.937
201812 11.168 105.998 14.030
201903 11.151 107.251 13.845
201906 11.106 108.070 13.684
201909 11.081 108.329 13.621
201912 10.945 108.420 13.442
202003 11.158 108.902 13.643
202006 11.675 108.767 14.293
202009 12.348 109.815 14.973
202012 13.120 109.897 15.897
202103 13.714 111.754 16.340
202106 17.170 114.631 19.945
202109 17.817 115.734 20.499
202112 18.906 117.630 21.402
202203 19.316 121.301 21.204
202206 18.626 125.017 19.839
202209 18.870 125.227 20.065
202212 19.644 125.222 20.889
202303 19.435 127.348 20.322
202306 18.969 128.729 19.622
202309 18.705 129.860 19.180
202312 18.809 129.419 19.352
202403 18.608 131.776 18.803
202406 18.940 132.554 19.026
202409 19.022 133.029 19.040
202412 19.387 133.157 19.387

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Ultra Clean Holdings  (NAS:UCTT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Ultra Clean Holdings Cyclically Adjusted PB Ratio Related Terms

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


Ultra Clean Holdings Business Description

Traded in Other Exchanges
Address
26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are Americas, Asia Pacific and EMEA.
Executives
Clarence L Granger director, officer: President, CEO, COO 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
Brian E Harding officer: Chief Accounting Officer 27700 SW PARKWAY AVE, WILSONVILLE OR 97070
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Christopher S Cook officer: President, Products Div ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Bill Bentinck officer: Pres, Semiconductor Svcs Bus. C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Jeffrey L. Mckibben officer: Chief Information Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD, CA 94545
Sheri Brumm officer: SVP, Finance & CAO C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
James P Scholhamer director, officer: CEO 9586I-25 FRONTAGE ROAD, LONGMONT CO 80504
Emily M Liggett director
Paul Yoonku Cho officer: General Counsel and Secretary C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Jamie J. Palfrey officer: SVP, Global Human Resources ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Vijayan S. Chinnasami officer: Chief Operating Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Jacqueline A. Seto director C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
David T Ibnale director 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
William Joe Williams officer: SVP, Customer Business Mgmt ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545

Ultra Clean Holdings Headlines

From GuruFocus