Amtech Systems (STU:AS3) Cyclically Adjusted PS Ratio: 1.83 (As of Aug. 11, 2026) — 154% Above Median

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STU:AS3 Amtech Systems Inc STU:AS3
56 GF Score
Price €13.10
GF Value €3.82
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Amtech Systems Cyclically Adjusted PS Ratio?

Amtech Systems STU:AS3 -1.50% 56 Cyclically Adjusted PS Ratio is 1.83 as of Aug. 11, 2026, which is 154% above its 10-year median of 0.72. GuruFocus rates STU:AS3 with a GF Score™ of 56/100 and a GF Value™ of €3.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 731 Semiconductors companies, Amtech Systems ranks better than 62.11% on this metric.

As of today (2026-08-11), Amtech Systems's current share price is €13.10. Amtech Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €7.14. Amtech Systems's Cyclically Adjusted PS Ratio for today is 1.83.

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

STU:AS3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.72   Max: 2.87
Current: 1.83

During the past years, Amtech Systems's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 0.38. And the median was 0.72.

STU:AS3's Cyclically Adjusted PS Ratio is ranked better than
62.11% of 731 companies
in the Semiconductors industry
Industry Median: 3.01 vs STU:AS3: 1.83

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.

Amtech Systems's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.211. 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 €7.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amtech Systems  (STU:AS3) 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.


Amtech Systems Cyclically Adjusted PS Ratio Related Terms


Amtech Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Amtech Systems'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.

Amtech Systems Cyclically Adjusted PS Ratio Chart

Amtech Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.07 0.89 0.66 1.10

Amtech Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.52 1.10 1.51 1.40 2.80

STU:AS3 vs ATOM, INTT, TRT: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Amtech Systems'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.


Amtech Systems Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


STU:AS3
56GF Score
Amtech Systems Inc STU:AS3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amtech Systems 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.

Amtech Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.10/7.14
=1.83

* 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.

Amtech Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Amtech Systems's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.211/333.9520*333.9520
=1.211

Current CPI (Jun. 2026) = 333.9520.

Amtech Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.868 241.428 3.967
201612 2.096 241.432 2.899
201703 2.336 243.801 3.200
201706 3.173 244.955 4.326
201709 -1.588 246.819 -2.149
201712 4.066 246.524 5.508
201803 1.130 249.554 1.512
201806 1.630 251.989 2.160
201809 1.343 252.439 1.777
201812 1.432 251.233 1.903
201903 1.281 254.202 1.683
201906 1.298 256.143 1.692
201909 1.281 256.759 1.666
201912 1.303 256.974 1.693
202003 0.925 258.115 1.197
202006 0.955 257.797 1.237
202009 0.911 260.280 1.169
202012 1.047 260.474 1.342
202103 1.175 264.877 1.481
202106 1.334 271.696 1.640
202109 1.428 274.310 1.738
202112 1.617 278.802 1.937
202203 1.769 287.504 2.055
202206 1.346 296.311 1.517
202209 2.319 296.808 2.609
202212 1.453 296.797 1.635
202303 2.198 301.836 2.432
202306 2.018 305.109 2.209
202309 1.832 307.789 1.988
202312 1.611 306.746 1.754
202403 1.647 312.332 1.761
202406 1.743 314.175 1.853
202409 1.526 315.301 1.616
202412 1.629 315.605 1.724
202503 1.008 319.799 1.053
202506 1.185 322.561 1.227
202509 1.180 324.800 1.213
202512 1.104 324.054 1.138
202603 1.185 330.213 1.198
202606 1.211 333.952 1.211

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 1.83 mean?
Amtech Systems (STU:AS3) has a Cyclically Adjusted PS Ratio of 1.83 as of Aug. 11, 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 Amtech Systems and its competitors. This is 154% above median its historical median of 0.72. Over the past decade, Amtech Systems' Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.87. According to the industry distribution chart, Amtech Systems ranks #277 out of 731 companies in the Semiconductors industry, placing it in the top 37.9%.
Is Amtech Systems' Cyclically Adjusted PS Ratio too high?
Amtech Systems' current Cyclically Adjusted PS Ratio of 1.83 is 154% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.87. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.01. Amtech Systems' value of 1.83 is 39.2% below this industry median. Based on the distribution chart, Amtech Systems ranks #277 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Amtech Systems has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amtech Systems' Cyclically Adjusted PS Ratio compare to ATOM and INTT?
According to the Semiconductors industry distribution chart, Amtech Systems ranks #277 out of 731 companies for Cyclically Adjusted PS Ratio. This puts Amtech Systems in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Amtech Systems' value of 1.83 is 39.2% below this benchmark. Historically, Amtech Systems' own Cyclically Adjusted PS Ratio has ranged from 0.38 to 2.87 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 3.01, Amtech Systems has consistently been below 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 3.01, based on 731 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. Amtech Systems's current Cyclically Adjusted PS Ratio of 1.83 is 39.2% below 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 Amtech Systems and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amtech Systems's current Cyclically Adjusted PS Ratio is 1.83, which is 154% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amtech Systems stock overvalued right now?
Based on GuruFocus' analysis, Amtech Systems (STU:AS3) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.82, compared to a current price of €13.10 — trading 242.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.83, which is 154% above median its 10-year median of 0.72 and 39.2% below the Semiconductors industry median of 3.01. Amtech Systems' overall GF Score™ is 56/100 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 Amtech Systems (STU:AS3), the current Cyclically Adjusted PS Ratio is 1.83 as of Aug. 11, 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 Amtech Systems (STU:AS3) Overvalued in 2026?

Based on GuruFocus' analysis, Amtech Systems stock appears to be overvalued. The current stock price of €13.10 is trading 242.9% above its estimated GF Value™ of €3.82. GuruFocus considers Amtech Systems to be Significantly Overvalued.

Key valuation signals for STU:AS3:

  • Cyclically Adjusted PS Ratio: 1.83 (154% above median its 10-year median of 0.72)
  • GF Value™: €3.82 vs. price of €13.10 (242.9% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 39.2% below the Semiconductors median (#277 of 731)

No single metric tells the full story. See the STU:AS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amtech Systems Business Description

Other Exchanges ASYS:USAAS3:Germany
Address 58 South River Drive, Suite 370, Tempe, AZ, USA, 85288
Amtech Systems Inc provides equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. Its products are used to fabricate and package GPUs for AI applications, SiC and Si power devices, and other optical, analog and digital devices, and are sold to semiconductor packaging, electronic assembly and device fabrication companies. It operates through two segments: Thermal Processing Solutions, which includes conveyorized reflow equipment, high-temperature conveyorized furnaces and diffusion furnaces with maximum revenue; and Semiconductor Fabrication Solutions, which includes consumables, equipment and services for wafer polishing, dicing and cleaning. The majority of revenue is derived from the United States.
56GF Score

Get the complete analysis for STU:AS3

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

€13.10
Price
€3.82
GF Value