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Onto Innovation (MEX:ONTO) Cyclically Adjusted PS Ratio : 3.59 (As of May. 24, 2025)


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What is Onto Innovation Cyclically Adjusted PS Ratio?

As of today (2025-05-24), Onto Innovation's current share price is MXN1996.23. Onto Innovation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN555.61. Onto Innovation's Cyclically Adjusted PS Ratio for today is 3.59.

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

MEX:ONTO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.08   Med: 4.94   Max: 16.35
Current: 5.86

During the past years, Onto Innovation's highest Cyclically Adjusted PS Ratio was 16.35. The lowest was 2.08. And the median was 4.94.

MEX:ONTO's Cyclically Adjusted PS Ratio is ranked worse than
80.53% of 683 companies
in the Semiconductors industry
Industry Median: 1.91 vs MEX:ONTO: 5.86

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.

Onto Innovation's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN110.393. 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 MXN555.61 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Onto Innovation Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Onto Innovation'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.

Onto Innovation Cyclically Adjusted PS Ratio Chart

Onto Innovation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 9.32 5.43 11.12 10.94

Onto Innovation Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.70 15.02 13.89 10.94 7.72

Competitive Comparison of Onto Innovation's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Onto Innovation'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.


Onto Innovation's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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


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Onto Innovation 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.

Onto Innovation's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1996.23/555.61
=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.

Onto Innovation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=110.393/134.9266*134.9266
=110.393

Current CPI (Mar. 2025) = 134.9266.

Onto Innovation Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 35.766 100.684 47.930
201509 38.116 100.392 51.228
201512 34.118 99.792 46.130
201603 36.649 100.470 49.218
201606 45.269 101.688 60.066
201609 46.966 101.861 62.212
201612 42.928 101.863 56.862
201703 44.181 102.862 57.953
201706 46.996 103.349 61.355
201709 46.798 104.136 60.635
201712 45.886 104.011 59.525
201803 50.941 105.290 65.280
201806 58.181 106.317 73.837
201809 43.238 106.507 54.775
201812 48.910 105.998 62.258
201903 46.977 107.251 59.099
201906 46.794 108.070 58.423
201909 49.100 108.329 61.155
201912 51.365 108.420 63.923
202003 65.462 108.902 81.106
202006 63.551 108.767 78.835
202009 56.875 109.815 69.881
202012 62.660 109.897 76.931
202103 69.802 111.754 84.275
202106 77.454 114.631 91.167
202109 82.885 115.734 96.630
202112 92.837 117.630 106.488
202203 96.274 121.301 107.088
202206 103.321 125.017 111.511
202209 102.390 125.227 110.321
202212 100.214 125.222 107.981
202303 73.102 127.348 77.452
202306 66.337 128.729 69.531
202309 73.054 129.860 75.905
202312 75.056 129.419 78.250
202403 76.514 131.776 78.343
202406 89.372 132.554 90.972
202409 99.933 133.029 101.359
202412 110.907 133.157 112.381
202503 110.393 134.927 110.393

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.


Onto Innovation  (MEX:ONTO) 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.


Onto Innovation Cyclically Adjusted PS Ratio Related Terms

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


Onto Innovation Business Description

Traded in Other Exchanges
Address
16 Jonspin Road, Wilmington, MA, USA, 01887
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.