ASML Holding NV (XSWX:ASML) Cyclically Adjusted Revenue per Share: CHF47.99 (As of Mar. 2026)


XSWX:ASML ASML Holding NV XSWX:ASML
89 GF Score
Price CHF1,462.80
GF Value CHF894.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is ASML Holding NV Cyclically Adjusted Revenue per Share?

ASML Holding NV XSWX:ASML -1.83% 89 Cyclically Adjusted Revenue per Share is CHF47.99 as of Mar. 2026. GuruFocus rates XSWX:ASML with a GF Score™ of 89/100 and a GF Value™ of CHF894.70 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

ASML Holding NV's adjusted revenue per share for the three months ended in Mar. 2026 was CHF20.688. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is CHF47.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ASML Holding NV's average Cyclically Adjusted Revenue Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ASML Holding NV was 21.50% per year. The lowest was 5.10% per year. And the median was 9.40% per year.

As of today (2026-06-29), ASML Holding NV's current stock price is CHF1462.80. ASML Holding NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF47.99. ASML Holding NV's Cyclically Adjusted PS Ratio of today is 30.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASML Holding NV was 34.15. The lowest was 6.95. And the median was 16.31.


ASML Holding NV  (XSWX:ASML) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

ASML Holding NV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1462.80/47.99
=30.48

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ASML Holding NV was 34.15. The lowest was 6.95. And the median was 16.31.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ASML Holding NV Cyclically Adjusted Revenue per Share Related Terms


ASML Holding NV Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for ASML Holding NV's Cyclically Adjusted Revenue per Share 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.

ASML Holding NV Cyclically Adjusted Revenue per Share Chart

ASML Holding NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ASML Holding NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 0.00 0.00 0.00 0.00 47.99

XSWX:ASML vs AMAT, LRCX, KLAC: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


XSWX:ASML
89GF Score
ASML Holding NV XSWX:ASML
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASML Holding NV Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ASML Holding NV'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)
=20.688/135.2700*135.2700
=20.688

Current CPI (Mar. 2026) = 135.2700.

ASML Holding NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.443 100.260 5.994
201609 4.655 100.570 6.261
201612 4.779 100.710 6.419
201703 4.816 101.440 6.422
201706 5.286 101.370 7.054
201709 6.499 102.030 8.616
201712 6.709 101.970 8.900
201803 6.228 102.470 8.222
201806 7.412 103.100 9.725
201809 7.365 103.950 9.584
201812 8.371 103.970 10.891
201903 5.965 105.370 7.658
201906 6.796 105.840 8.686
201909 7.726 106.700 9.795
201912 10.465 106.800 13.255
202003 6.164 106.850 7.804
202006 8.503 107.510 10.699
202009 10.175 107.880 12.758
202012 10.989 107.850 13.783
202103 11.617 108.870 14.434
202106 10.672 109.670 13.163
202109 13.926 110.790 17.003
202112 12.811 114.010 15.200
202203 9.010 119.460 10.202
202206 13.972 119.050 15.876
202209 14.040 126.890 14.967
202212 16.176 124.940 17.513
202303 16.932 124.720 18.364
202306 17.090 125.830 18.372
202309 16.273 127.160 17.311
202312 17.305 126.450 18.512
202403 12.978 128.580 13.653
202406 15.264 129.910 15.894
202409 17.839 131.610 18.335
202412 21.971 131.630 22.579
202503 18.841 133.330 19.115
202506 18.579 133.960 18.761
202509 18.119 135.920 18.032
202512 23.432 135.270 23.432
202603 20.688 135.270 20.688

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of CHF47.99 mean?
ASML Holding NV (XSWX:ASML) has a Cyclically Adjusted Revenue per Share of CHF47.99 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASML Holding NV and its competitors.
Is ASML Holding NV's Cyclically Adjusted Revenue per Share too high?
ASML Holding NV's current Cyclically Adjusted Revenue per Share is CHF47.99. Overall, ASML Holding NV has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Cyclically Adjusted Revenue per Share compare to AMAT and LRCX?
ASML Holding NV's Cyclically Adjusted Revenue per Share of CHF47.99 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on ASML Holding NV and its competitors. ASML Holding NV's current Cyclically Adjusted Revenue per Share is CHF47.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (XSWX:ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF894.70, compared to a current price of CHF1,462.80 — trading 63.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is CHF47.99. ASML Holding NV's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For ASML Holding NV (XSWX:ASML), the current Cyclically Adjusted Revenue per Share is CHF47.99 as of Mar. 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 ASML Holding NV (XSWX:ASML) Overvalued in 2026?

Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued. The current stock price of CHF1,462.80 is trading 63.5% above its estimated GF Value™ of CHF894.70. GuruFocus considers ASML Holding NV to be Significantly Overvalued.

Key valuation signals for XSWX:ASML:

  • Cyclically Adjusted Revenue per Share: CHF47.99
  • GF Value™: CHF894.70 vs. price of CHF1,462.80 (63.5% above fair value)
  • GF Score™: 89/100 with 4 warning signs

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


ASML Holding NV Business Description

Address De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
89GF Score

Get the complete analysis for XSWX:ASML

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

CHF1,462.80
Price
CHF894.70
GF Value