Camtek (XTAE:CAMT) Cyclically Adjusted PS Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XTAE:CAMT Camtek Ltd XTAE:CAMT
94 GF Score
Price ₪462.00
GF Value ₪324.11
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Camtek Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Camtek  (XTAE:CAMT) 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
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 15.08 18.05 17.51 23.96 0.00

XTAE:CAMT 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.


XTAE:CAMT
94GF Score
Camtek Ltd XTAE:CAMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Camtek'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)
=7.768/333.9520*333.9520
=7.768

Current CPI (Jun. 2026) = 333.9520.

Camtek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.786 241.428 2.470
201612 1.826 241.432 2.526
201703 1.790 243.801 2.452
201706 1.926 244.955 2.626
201709 1.967 246.819 2.661
201712 2.160 246.524 2.926
201803 2.251 249.554 3.012
201806 2.498 251.989 3.311
201809 2.623 252.439 3.470
201812 2.692 251.233 3.578
201903 2.740 254.202 3.600
201906 2.734 256.143 3.565
201909 2.481 256.759 3.227
201912 2.522 256.974 3.277
202003 2.287 258.115 2.959
202006 2.782 257.797 3.604
202009 3.003 260.280 3.853
202012 3.489 260.474 4.473
202103 3.873 264.877 4.883
202106 4.527 271.696 5.564
202109 4.754 274.310 5.788
202112 4.816 278.802 5.769
202203 4.814 287.504 5.592
202206 4.963 296.311 5.593
202209 5.098 296.808 5.736
202212 5.108 296.797 5.747
202303 4.493 301.836 4.971
202306 4.556 305.109 4.987
202309 4.936 307.789 5.356
202312 5.392 306.746 5.870
202403 5.916 312.332 6.326
202406 6.249 314.175 6.642
202409 6.825 315.301 7.229
202412 7.120 315.605 7.534
202503 7.230 319.799 7.550
202506 7.509 322.561 7.774
202509 8.270 324.800 8.503
202512 7.490 324.054 7.719
202603 7.099 330.213 7.179
202606 7.768 333.952 7.768

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 Camtek (XTAE:CAMT) Overvalued in 2026?

Based on GuruFocus' analysis, Camtek stock appears to be overvalued. The current stock price of ₪462.00 is trading 42.5% above its estimated GF Value™ of ₪324.11. GuruFocus considers Camtek to be Significantly Overvalued.

Key valuation signals for XTAE:CAMT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₪324.11 vs. price of ₪462.00 (42.5% above fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Camtek Business Description

Other Exchanges CAMT:USACMZ:Germany
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.
94GF Score

Get the complete analysis for XTAE:CAMT

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

₪462.00
Price
₪324.11
GF Value