ACM Research (MIL:1ACMR) Cyclically Adjusted PS Ratio: 13.48 (As of Aug. 02, 2026) — Near Median

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MIL:1ACMR ACM Research Inc MIL:1ACMR
62 GF Score
Price €69.00
GF Value €30.70
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is ACM Research Cyclically Adjusted PS Ratio?

ACM Research MIL:1ACMR +3.60% 62 Cyclically Adjusted PS Ratio is 13.48 as of Aug. 02, 2026, which is 7% above its 10-year median of 12.61. GuruFocus rates MIL:1ACMR with a GF Score™ of 62/100 and a GF Value™ of €30.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 732 Semiconductors companies, ACM Research ranks worse than 83.33% on this metric.

As of today (2026-08-02), ACM Research's current share price is €69.00. ACM Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.12. ACM Research's Cyclically Adjusted PS Ratio for today is 13.48.

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

MIL:1ACMR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.6   Med: 12.61   Max: 17.89
Current: 12.79

During the past years, ACM Research's highest Cyclically Adjusted PS Ratio was 17.89. The lowest was 6.60. And the median was 12.61.

MIL:1ACMR's Cyclically Adjusted PS Ratio is ranked worse than
83.33% of 732 companies
in the Semiconductors industry
Industry Median: 2.855 vs MIL:1ACMR: 12.79

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.

ACM Research's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.867. 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 €5.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACM Research  (MIL:1ACMR) 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.


ACM Research Cyclically Adjusted PS Ratio Related Terms


ACM Research Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ACM Research'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.

ACM Research Cyclically Adjusted PS Ratio Chart

ACM Research 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 0.00 0.00 0.00 0.00

ACM Research 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 0.00 0.00 0.00 0.00 6.41

MIL:1ACMR vs KLIC, CAMT, UCTT: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, ACM Research'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.


ACM Research Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


MIL:1ACMR
62GF Score
ACM Research Inc MIL:1ACMR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACM Research 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.

ACM Research's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.00/5.12
=13.48

* 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.

ACM Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ACM Research's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.867/330.2130*330.2130
=2.867

Current CPI (Mar. 2026) = 330.2130.

ACM Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 236.525 0.000
201609 0.185 241.428 0.253
201612 0.575 241.432 0.786
201703 0.224 243.801 0.303
201706 0.172 244.955 0.232
201709 0.091 246.819 0.122
201712 0.316 246.524 0.423
201803 0.171 249.554 0.226
201806 0.329 251.989 0.431
201809 0.364 252.439 0.476
201812 0.336 251.233 0.442
201903 0.331 254.202 0.430
201906 0.460 256.143 0.593
201909 0.523 256.759 0.673
201912 0.361 256.974 0.464
202003 0.349 258.115 0.446
202006 0.537 257.797 0.688
202009 0.626 260.280 0.794
202012 0.596 260.474 0.756
202103 0.560 264.877 0.698
202106 0.683 271.696 0.830
202109 0.861 274.310 1.036
202112 1.279 278.802 1.515
202203 0.651 287.504 0.748
202206 1.508 296.311 1.681
202209 2.058 296.808 2.290
202212 1.589 296.797 1.768
202303 1.066 301.836 1.166
202306 2.055 305.109 2.224
202309 2.413 307.789 2.589
202312 2.404 306.746 2.588
202403 2.114 312.332 2.235
202406 2.805 314.175 2.948
202409 2.757 315.301 2.887
202412 3.263 315.605 3.414
202503 2.381 319.799 2.459
202506 2.768 322.561 2.834
202509 3.352 324.800 3.408
202512 3.135 324.054 3.195
202603 2.867 330.213 2.867

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 13.48 mean?
ACM Research (MIL:1ACMR) has a Cyclically Adjusted PS Ratio of 13.48 as of Aug. 02, 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 ACM Research and its competitors. This is near median its historical median of 12.61. Over the past decade, ACM Research's Cyclically Adjusted PS Ratio has ranged from 6.60 to 17.89. According to the industry distribution chart, ACM Research ranks #610 out of 732 companies in the Semiconductors industry, placing it in the top 83.3%.
Is ACM Research's Cyclically Adjusted PS Ratio too high?
ACM Research's current Cyclically Adjusted PS Ratio of 13.48 is near median its 10-year median of 12.61. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 17.89. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.86. ACM Research's value of 13.48 is 372.2% above this industry median. Based on the distribution chart, ACM Research ranks #610 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ACM Research has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACM Research's Cyclically Adjusted PS Ratio compare to KLIC and CAMT?
According to the Semiconductors industry distribution chart, ACM Research ranks #610 out of 732 companies for Cyclically Adjusted PS Ratio. This places ACM Research in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.86. ACM Research's value of 13.48 is 372.2% above this benchmark. Historically, ACM Research's own Cyclically Adjusted PS Ratio has ranged from 6.60 to 17.89 over the past decade. While the company's 10-year median is 12.61 vs. the industry median of 2.86, ACM Research 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 2.86, based on 732 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. ACM Research's current Cyclically Adjusted PS Ratio of 13.48 is 372.2% 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 ACM Research and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACM Research's current Cyclically Adjusted PS Ratio is 13.48, which is near median its own 10-year median of 12.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACM Research stock overvalued right now?
Based on GuruFocus' analysis, ACM Research (MIL:1ACMR) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.70, compared to a current price of €69.00 — trading 124.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.48, which is near median its 10-year median of 12.61 and 372.2% above the Semiconductors industry median of 2.86. ACM Research's overall GF Score™ is 62/100 with 6 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 ACM Research (MIL:1ACMR), the current Cyclically Adjusted PS Ratio is 13.48 as of Aug. 02, 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 ACM Research (MIL:1ACMR) Overvalued in 2026?

Based on GuruFocus' analysis, ACM Research stock appears to be overvalued. The current stock price of €69.00 is trading 124.8% above its estimated GF Value™ of €30.70. GuruFocus considers ACM Research to be Significantly Overvalued.

Key valuation signals for MIL:1ACMR:

  • Cyclically Adjusted PS Ratio: 13.48 (near median its 10-year median of 12.61)
  • GF Value™: €30.70 vs. price of €69.00 (124.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 372.2% above the Semiconductors median (#610 of 732)

No single metric tells the full story. See the MIL:1ACMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACM Research Business Description

Other Exchanges ACMR:USA813:Germany
Address 42307 Osgood Road, Suite I, Fremont, CA, USA, 94539
ACM Research Inc supplies capital equipment developed for the semiconductor industry. The company focuses on developing differentiated process solutions that enable effective particle removal, uniform material deposition, and reliable process control for the fabricators of integrated circuits. Its product offerings include wet-cleaning, plating, furnace, PECVD, track, and other front-end processing equipment. Additionally, it develops, manufactures, and sells a range of packaging equipment to wafer assembly and packaging customers. Geographically, the company generates maximum revenue from its customers in Mainland China, and the rest from other regions.
62GF Score

Get the complete analysis for MIL:1ACMR

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

€69.00
Price
€30.70
GF Value