ASMPT (ASMVY) Cyclically Adjusted PS Ratio: 3.59 (As of Jul. 18, 2026) — 124% Above Median

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ASMVY ASMPT Ltd ASMVY
72 GF Score
Price $62.59
GF Value $33.98
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is ASMPT Cyclically Adjusted PS Ratio?

ASMPT ASMVY -6.25% 72 Cyclically Adjusted PS Ratio is 3.59 as of Jul. 18, 2026, which is 124% above its 10-year median of 1.60. GuruFocus rates ASMVY with a GF Score™ of 72/100 and a GF Value™ of $33.98 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 733 Semiconductors companies, ASMPT ranks worse than 54.3% on this metric.

As of today (2026-07-18), ASMPT's current share price is $62.59. ASMPT's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $17.43. ASMPT's Cyclically Adjusted PS Ratio for today is 3.59.

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: 1.6   Max: 4.59
Current: 3.54

During the past years, ASMPT's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 0.89. And the median was 1.60.

ASMVY's Cyclically Adjusted PS Ratio is ranked worse than
54.3% of 733 companies
in the Semiconductors industry
Industry Median: 3.24 vs ASMVY: 3.54

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. 2025 was $3.277. 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 $17.43 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


ASMPT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

ASMPT Cyclically Adjusted PS Ratio Chart

ASMPT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.16 1.57 1.63 1.71

ASMPT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.18 1.25 1.78 1.71 0.00

ASMVY vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


ASMVY
72GF Score
ASMPT Ltd ASMVY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=62.59/17.43
=3.59

* 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. 2025 is calculated as:

For example, ASMPT's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.277/324.0540*324.0540
=3.277

Current CPI (Dec. 2025) = 324.0540.

ASMPT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.000 225.672 0.000
201206 2.847 229.478 4.020
201212 0.000 229.601 0.000
201306 2.775 233.504 3.851
201312 0.000 233.049 0.000
201406 3.317 238.343 4.510
201412 0.000 234.812 0.000
201506 3.621 238.638 4.917
201512 2.801 236.525 3.838
201606 3.513 241.018 4.723
201612 3.335 241.432 4.476
201706 4.119 244.955 5.449
201712 0.000 246.524 0.000
201806 0.000 251.989 0.000
201812 4.495 251.233 5.798
201906 0.000 256.143 0.000
201912 4.185 256.974 5.277
202006 0.000 257.797 0.000
202009 3.458 260.280 4.305
202012 4.637 260.474 5.769
202103 4.079 264.877 4.990
202106 4.875 271.696 5.814
202109 5.831 274.310 6.888
202112 5.779 278.802 6.717
202203 4.893 287.504 5.515
202206 4.817 296.311 5.268
202209 4.215 296.808 4.602
202212 4.025 296.797 4.395
202303 3.630 301.836 3.897
202306 3.595 305.109 3.818
202309 3.217 307.789 3.387
202312 3.136 306.746 3.313
202403 2.904 312.332 3.013
202406 3.137 314.175 3.236
202409 3.098 315.301 3.184
202412 2.465 315.605 2.531
202503 2.896 319.799 2.935
202506 3.072 322.561 3.086
202509 3.380 324.800 3.372
202512 3.277 324.054 3.277

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.

What does a Cyclically Adjusted PS Ratio of 3.59 mean?
ASMPT (ASMVY) has a Cyclically Adjusted PS Ratio of 3.59 as of Jul. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASMPT and its competitors. This is 124% above median its historical median of 1.60. Over the past decade, ASMPT's Cyclically Adjusted PS Ratio has ranged from 0.89 to 4.59. According to the industry distribution chart, ASMPT ranks #398 out of 733 companies in the Semiconductors industry, placing it in the top 54.3%.
Is ASMPT's Cyclically Adjusted PS Ratio too high?
ASMPT's current Cyclically Adjusted PS Ratio of 3.59 is 124% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 4.59. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.24. ASMPT's value of 3.59 is 10.8% above this industry median. Based on the distribution chart, ASMPT ranks #398 out of 733 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASMPT has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASMPT's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASMPT ranks #398 out of 733 companies for Cyclically Adjusted PS Ratio. This places ASMPT in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.24. ASMPT's value of 3.59 is 10.8% above this benchmark. Historically, ASMPT's own Cyclically Adjusted PS Ratio has ranged from 0.89 to 4.59 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 3.24, ASMPT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.24, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASMPT's current Cyclically Adjusted PS Ratio of 3.59 is 10.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASMPT and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASMPT's current Cyclically Adjusted PS Ratio is 3.59, which is 124% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASMPT stock overvalued right now?
Based on GuruFocus' analysis, ASMPT (ASMVY) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.98, compared to a current price of $62.59 — trading 84.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.59, which is 124% above median its 10-year median of 1.60 and 10.8% above the Semiconductors industry median of 3.24. ASMPT's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ASMPT (ASMVY), the current Cyclically Adjusted PS Ratio is 3.59 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASMPT (ASMVY) Overvalued in 2026?

Based on GuruFocus' analysis, ASMPT stock appears to be overvalued. The current stock price of $62.59 is trading 84.2% above its estimated GF Value™ of $33.98. GuruFocus considers ASMPT to be Significantly Overvalued.

Key valuation signals for ASMVY:

  • Cyclically Adjusted PS Ratio: 3.59 (124% above median its 10-year median of 1.60)
  • GF Value™: $33.98 vs. price of $62.59 (84.2% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 10.8% above the Semiconductors median (#398 of 733)

No single metric tells the full story. See the ASMVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASMPT Business Description

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 US. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market. Recent growth has been driven by the growing use of advanced packaging in high end memory and logic semiconductors.
72GF Score

Get the complete analysis for ASMVY

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.59
Price
$33.98
GF Value