TTM Technologies (STU:TT1) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:TT1 TTM Technologies Inc STU:TT1
78 GF Score
Price €118.75
GF Value €31.62
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TTM Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TTM Technologies  (STU:TT1) 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.


TTM Technologies Cyclically Adjusted PS Ratio Related Terms


TTM Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TTM Technologies'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.

TTM Technologies Cyclically Adjusted PS Ratio Chart

TTM Technologies 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 0.69 0.65 0.66 0.99 2.71

TTM Technologies 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 1.59 2.24 2.71 3.76 7.06

STU:TT1 vs SANM, FN, LFUS: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, TTM Technologies'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.


TTM Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


STU:TT1
78GF Score
TTM Technologies Inc STU:TT1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TTM Technologies 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.

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

For example, TTM Technologies'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)
=8.101/333.9520*333.9520
=8.101

Current CPI (Jun. 2026) = 333.9520.

TTM Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.479 241.428 6.196
201612 6.525 241.432 9.025
201703 4.465 243.801 6.116
201706 4.190 244.955 5.712
201709 4.251 246.819 5.752
201712 4.657 246.524 6.309
201803 5.005 249.554 6.698
201806 4.555 251.989 6.037
201809 4.748 252.439 6.281
201812 0.678 251.233 0.901
201903 4.495 254.202 5.905
201906 3.531 256.143 4.604
201909 4.555 256.759 5.924
201912 4.500 256.974 5.848
202003 4.261 258.115 5.513
202006 4.712 257.797 6.104
202009 4.085 260.280 5.241
202012 4.021 260.474 5.155
202103 4.140 264.877 5.220
202106 4.289 271.696 5.272
202109 4.368 274.310 5.318
202112 4.989 278.802 5.976
202203 5.060 287.504 5.877
202206 5.733 296.311 6.461
202209 6.535 296.808 7.353
202212 5.588 296.797 6.288
202303 4.967 301.836 5.495
202306 4.812 305.109 5.267
202309 5.183 307.789 5.624
202312 5.098 306.746 5.550
202403 5.039 312.332 5.388
202406 5.411 314.175 5.752
202409 5.350 315.301 5.666
202412 5.943 315.605 6.288
202503 5.740 319.799 5.994
202506 6.040 322.561 6.253
202509 6.061 324.800 6.232
202512 6.202 324.054 6.391
202603 6.834 330.213 6.911
202606 8.101 333.952 8.101

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.

Is TTM Technologies (STU:TT1) Overvalued in 2026?

Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued. The current stock price of €118.75 is trading 275.6% above its estimated GF Value™ of €31.62. GuruFocus considers TTM Technologies to be Significantly Overvalued.

Key valuation signals for STU:TT1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €31.62 vs. price of €118.75 (275.6% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the STU:TT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TTM Technologies Business Description

Other Exchanges TTMI:USATTMI:Mexico
Address 200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
78GF Score

Get the complete analysis for STU:TT1

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

€118.75
Price
€31.62
GF Value