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Advanced Micro-fabrication EquipmentSHSE:688012 +3.54%82 Cyclically Adjusted PS Ratio is 71.94 as of Jul. 24, 2026, which is 66% above its 10-year median of 43.25. GuruFocus rates SHSE:688012 with a GF Score™ of 82/100 and a GF Value™ of ¥233.61 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 733 Semiconductors companies, Advanced Micro-fabrication Equipment ranks worse than 98.64% on this metric.
The historical rank and industry rank for Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio or its related term are showing as below:
SHSE:688012'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 37.98 Med: 43.25 Max: 71.91
Current: 71.91
During the past 10 years, Advanced Micro-fabrication Equipment's highest Cyclically Adjusted PS Ratio was 71.91. The lowest was 37.98. And the median was 43.25.
SHSE:688012's Cyclically Adjusted PS Ratio is ranked worse than 98.64% of 733
companies
in the Semiconductors industry
Industry Median: 2.96
vs SHSE:688012: 71.91
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.
Advanced Micro-fabrication Equipment's adjusted revenue per share data of for the fiscal year that ended in Dec25 was ¥13.227. 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 ¥5.40 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Advanced Micro-fabrication Equipment (SHSE:688012) 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.
Advanced Micro-fabrication Equipment Cyclically Adjusted PS Ratio Related Terms
Advanced Micro-fabrication Equipment Cyclically Adjusted PS Ratio Historical Data
* 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.
Advanced Micro-fabrication Equipment Cyclically Adjusted PS Ratio Chart
SHSE:688012 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.
Advanced Micro-fabrication Equipment Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio falls into.
Advanced Micro-fabrication Equipment 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.
* 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.
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 71.94 mean?
Advanced Micro-fabrication Equipment (SHSE:688012) has a Cyclically Adjusted PS Ratio of 71.94 as of Jul. 24, 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 Advanced Micro-fabrication Equipment and its competitors. This is 66% above median its historical median of 43.25. Over the past decade, Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio has ranged from 37.98 to 71.91. According to the industry distribution chart, Advanced Micro-fabrication Equipment ranks #723 out of 733 companies in the Semiconductors industry, placing it in the top 98.6%.
Is Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio too high?
Advanced Micro-fabrication Equipment's current Cyclically Adjusted PS Ratio of 71.94 is 66% above median its 10-year median of 43.25. Over the past 10 years, this metric has ranged from a low of 37.98 to a high of 71.91. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.96. Advanced Micro-fabrication Equipment's value of 71.94 is 2330.4% above this industry median. Based on the distribution chart, Advanced Micro-fabrication Equipment ranks #723 out of 733 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advanced Micro-fabrication Equipment ranks #723 out of 733 companies for Cyclically Adjusted PS Ratio. This places Advanced Micro-fabrication Equipment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.96. Advanced Micro-fabrication Equipment's value of 71.94 is 2330.4% above this benchmark. Historically, Advanced Micro-fabrication Equipment's own Cyclically Adjusted PS Ratio has ranged from 37.98 to 71.91 over the past decade. While the company's 10-year median is 43.25 vs. the industry median of 2.96, Advanced Micro-fabrication Equipment 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 2.96, 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. Advanced Micro-fabrication Equipment's current Cyclically Adjusted PS Ratio of 71.94 is 2330.4% 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 Advanced Micro-fabrication Equipment and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro-fabrication Equipment's current Cyclically Adjusted PS Ratio is 71.94, which is 66% above median its own 10-year median of 43.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥233.61, compared to a current price of ¥388.50 — trading 66.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 71.94, which is 66% above median its 10-year median of 43.25 and 2330.4% above the Semiconductors industry median of 2.96. Advanced Micro-fabrication Equipment's overall GF Score™ is 82/100 with 5 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 Advanced Micro-fabrication Equipment (SHSE:688012), the current Cyclically Adjusted PS Ratio is 71.94 as of Jul. 24, 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 Advanced Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued.
The current stock price of ¥388.50 is trading 66.3% above its estimated GF Value™ of ¥233.61.
GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.
Key valuation signals for SHSE:688012:
Cyclically Adjusted PS Ratio: 71.94 (66% above median its 10-year median of 43.25)
GF Value™: ¥233.61 vs. price of ¥388.50 (66.3% above fair value)
Industry Position: 2330.4% above the Semiconductors median (#723 of 733)
No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Micro-fabrication Equipment Business Description
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
82GF Score
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