Camtek (STU:CMZ) Cyclically Adjusted PS Ratio: 24.54 (As of Jul. 28, 2026) — 280% Above Median

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STU:CMZ Camtek Ltd STU:CMZ
93 GF Score
Price €132.25
GF Value €94.57
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Camtek Cyclically Adjusted PS Ratio?

Camtek STU:CMZ -2.86% 93 Cyclically Adjusted PS Ratio is 24.54 as of Jul. 28, 2026, which is 280% above its 10-year median of 6.45. GuruFocus rates STU:CMZ with a GF Score™ of 93/100 and a GF Value™ of €94.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, Camtek ranks worse than 91.94% on this metric.

As of today (2026-07-28), Camtek's current share price is €132.25. Camtek's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €5.39. Camtek's Cyclically Adjusted PS Ratio for today is 24.54.

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

STU:CMZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 6.45   Max: 32.47
Current: 23.93

During the past years, Camtek's highest Cyclically Adjusted PS Ratio was 32.47. The lowest was 0.85. And the median was 6.45.

STU:CMZ's Cyclically Adjusted PS Ratio is ranked worse than
91.94% of 732 companies
in the Semiconductors industry
Industry Median: 2.945 vs STU:CMZ: 23.93

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.

Camtek's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.045. 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 €5.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camtek  (STU:CMZ) 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.


Camtek Cyclically Adjusted PS Ratio Related Terms


Camtek Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Camtek'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.

Camtek Cyclically Adjusted PS Ratio Chart

Camtek 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 12.69 5.27 15.14 15.52 17.51

Camtek 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 10.82 15.08 18.05 17.51 23.96

STU:CMZ vs ACMR, FORM, KLIC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Camtek'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.


Camtek Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


STU:CMZ
93GF Score
Camtek Ltd STU:CMZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Camtek 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.25/5.39
=24.54

* 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.

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

For example, Camtek'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)
=2.045/330.2130*330.2130
=2.045

Current CPI (Mar. 2026) = 330.2130.

Camtek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.499 241.018 0.684
201609 0.530 241.428 0.725
201612 0.576 241.432 0.788
201703 0.557 243.801 0.754
201706 0.571 244.955 0.770
201709 0.549 246.819 0.734
201712 0.608 246.524 0.814
201803 0.608 249.554 0.805
201806 0.712 251.989 0.933
201809 0.748 252.439 0.978
201812 0.788 251.233 1.036
201903 0.807 254.202 1.048
201906 0.806 256.143 1.039
201909 0.750 256.759 0.965
201912 0.756 256.974 0.971
202003 0.689 258.115 0.881
202006 0.823 257.797 1.054
202009 0.849 260.280 1.077
202012 0.955 260.474 1.211
202103 1.083 264.877 1.350
202106 1.251 271.696 1.520
202109 1.345 274.310 1.619
202112 1.419 278.802 1.681
202203 1.455 287.504 1.671
202206 1.563 296.311 1.742
202209 1.714 296.808 1.907
202212 1.606 296.797 1.787
202303 1.397 301.836 1.528
202306 1.400 305.109 1.515
202309 1.540 307.789 1.652
202312 1.646 306.746 1.772
202403 1.812 312.332 1.916
202406 1.933 314.175 2.032
202409 2.047 315.301 2.144
202412 2.264 315.605 2.369
202503 2.227 319.799 2.300
202506 2.168 322.561 2.219
202509 2.346 324.800 2.385
202512 2.130 324.054 2.170
202603 2.045 330.213 2.045

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 24.54 mean?
Camtek (STU:CMZ) has a Cyclically Adjusted PS Ratio of 24.54 as of Jul. 28, 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 Camtek and its competitors. This is 280% above median its historical median of 6.45. Over the past decade, Camtek's Cyclically Adjusted PS Ratio has ranged from 0.85 to 32.47. According to the industry distribution chart, Camtek ranks #673 out of 732 companies in the Semiconductors industry, placing it in the top 91.9%.
Is Camtek's Cyclically Adjusted PS Ratio too high?
Camtek's current Cyclically Adjusted PS Ratio of 24.54 is 280% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 32.47. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.95. Camtek's value of 24.54 is 733.3% above this industry median. Based on the distribution chart, Camtek ranks #673 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Camtek has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Camtek's Cyclically Adjusted PS Ratio compare to ACMR and FORM?
According to the Semiconductors industry distribution chart, Camtek ranks #673 out of 732 companies for Cyclically Adjusted PS Ratio. This places Camtek in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.95. Camtek's value of 24.54 is 733.3% above this benchmark. Historically, Camtek's own Cyclically Adjusted PS Ratio has ranged from 0.85 to 32.47 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 2.95, Camtek 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 2.95, 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. Camtek's current Cyclically Adjusted PS Ratio of 24.54 is 733.3% 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 Camtek and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Camtek's current Cyclically Adjusted PS Ratio is 24.54, which is 280% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camtek stock overvalued right now?
Based on GuruFocus' analysis, Camtek (STU:CMZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €94.57, compared to a current price of €132.25 — trading 39.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 24.54, which is 280% above median its 10-year median of 6.45 and 733.3% above the Semiconductors industry median of 2.95. Camtek's overall GF Score™ is 93/100 with 3 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 Camtek (STU:CMZ), the current Cyclically Adjusted PS Ratio is 24.54 as of Jul. 28, 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 Camtek (STU:CMZ) Overvalued in 2026?

Based on GuruFocus' analysis, Camtek stock appears to be overvalued. The current stock price of €132.25 is trading 39.8% above its estimated GF Value™ of €94.57. GuruFocus considers Camtek to be Significantly Overvalued.

Key valuation signals for STU:CMZ:

  • Cyclically Adjusted PS Ratio: 24.54 (280% above median its 10-year median of 6.45)
  • GF Value™: €94.57 vs. price of €132.25 (39.8% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 733.3% above the Semiconductors median (#673 of 732)

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


Camtek Business Description

Address Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal HaEmek, ISR, 23150
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and software solutions for the semiconductor industry. Its systems inspect wafers for various semiconductor market segments, including Advanced Packaging, Chiplets, HBM, Compound Semiconductors, Memory, CMOS Image Sensors, Power, RF and MEMS, serving the industry's IDMs, OSATs, and foundries. Geographically, it derives maximum revenue from China followed by Asia Pacific, Korea, United States, and Europe. The company's products and services include Surface Inspection, Bump Inspection and Metrology, and others.
93GF Score

Get the complete analysis for STU:CMZ

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

€132.25
Price
€94.57
GF Value