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Nova (NVMI) Cyclically Adjusted PS Ratio : 15.89 (As of May. 29, 2025)


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What is Nova Cyclically Adjusted PS Ratio?

As of today (2025-05-29), Nova's current share price is $217.85. Nova's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $13.71. Nova's Cyclically Adjusted PS Ratio for today is 15.89.

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

NVMI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.46   Med: 7.7   Max: 20.66
Current: 14.65

During the past years, Nova's highest Cyclically Adjusted PS Ratio was 20.66. The lowest was 2.46. And the median was 7.70.

NVMI's Cyclically Adjusted PS Ratio is ranked worse than
92.99% of 685 companies
in the Semiconductors industry
Industry Median: 1.89 vs NVMI: 14.65

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.

Nova's adjusted revenue per share data for the three months ended in Mar. 2025 was $6.654. 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 $13.71 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nova'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.

Nova Cyclically Adjusted PS Ratio Chart

Nova 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 10.91 18.59 8.38 12.31 15.14

Nova 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 15.24 19.47 16.65 15.14 13.44

Competitive Comparison of Nova's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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


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Nova 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.

Nova's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=217.85/13.71
=15.89

* 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.

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

For example, Nova'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)
=6.654/134.9266*134.9266
=6.654

Current CPI (Mar. 2025) = 134.9266.

Nova Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.465 100.684 1.963
201509 1.472 100.392 1.978
201512 1.454 99.792 1.966
201603 1.245 100.470 1.672
201606 1.297 101.688 1.721
201609 1.622 101.861 2.149
201612 1.798 101.863 2.382
201703 1.934 102.862 2.537
201706 1.965 103.349 2.565
201709 1.890 104.136 2.449
201712 1.993 104.011 2.585
201803 2.178 105.290 2.791
201806 2.151 106.317 2.730
201809 2.209 106.507 2.798
201812 2.192 105.998 2.790
201903 1.982 107.251 2.493
201906 1.790 108.070 2.235
201909 1.844 108.329 2.297
201912 2.268 108.420 2.822
202003 2.122 108.902 2.629
202006 2.167 108.767 2.688
202009 2.394 109.815 2.941
202012 2.631 109.897 3.230
202103 2.871 111.754 3.466
202106 3.278 114.631 3.858
202109 3.775 115.734 4.401
202112 4.013 117.630 4.603
202203 4.190 121.301 4.661
202206 4.439 125.017 4.791
202209 4.512 125.227 4.862
202212 4.784 125.222 5.155
202303 4.154 127.348 4.401
202306 3.843 128.729 4.028
202309 4.027 129.860 4.184
202312 4.161 129.419 4.338
202403 4.409 131.776 4.514
202406 4.865 132.554 4.952
202409 5.552 133.029 5.631
202412 6.155 133.157 6.237
202503 6.654 134.927 6.654

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.


Nova  (NAS:NVMI) 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.


Nova Cyclically Adjusted PS Ratio Related Terms

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


Nova Business Description

Industry
Traded in Other Exchanges
Address
5 David Fikes Street, Rehovot, ISR, 7632805
Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates the majority of its revenue from China. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022