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ON (ON Semiconductor) Cyclically Adjusted PS Ratio : 3.26 (As of Jul. 01, 2025)


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What is ON Semiconductor Cyclically Adjusted PS Ratio?

As of today (2025-07-01), ON Semiconductor's current share price is $53.60. ON Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $16.42. ON Semiconductor's Cyclically Adjusted PS Ratio for today is 3.26.

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

ON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.81   Max: 7.3
Current: 3.19

During the past years, ON Semiconductor's highest Cyclically Adjusted PS Ratio was 7.30. The lowest was 1.12. And the median was 2.81.

ON's Cyclically Adjusted PS Ratio is ranked worse than
63.41% of 686 companies
in the Semiconductors industry
Industry Median: 1.88 vs ON: 3.19

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.

ON Semiconductor's adjusted revenue per share data for the three months ended in Mar. 2025 was $3.432. 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 $16.42 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ON Semiconductor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ON Semiconductor'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.

* Premium members only.

ON Semiconductor Cyclically Adjusted PS Ratio Chart

ON Semiconductor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 5.81 4.62 5.57 3.91

ON Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.75 4.35 4.54 3.91 2.48

Competitive Comparison of ON Semiconductor's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, ON Semiconductor'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.


ON Semiconductor's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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


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ON Semiconductor 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.

ON Semiconductor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.60/16.42
=3.26

* 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.

ON Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ON Semiconductor's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.432/134.9266*134.9266
=3.432

Current CPI (Mar. 2025) = 134.9266.

ON Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.018 100.684 2.704
201509 2.166 100.392 2.911
201512 2.014 99.792 2.723
201603 1.967 100.470 2.642
201606 2.102 101.688 2.789
201609 2.265 101.861 3.000
201612 2.952 101.863 3.910
201703 3.374 102.862 4.426
201706 3.142 103.349 4.102
201709 3.254 104.136 4.216
201712 3.176 104.011 4.120
201803 3.101 105.290 3.974
201806 3.277 106.317 4.159
201809 3.542 106.507 4.487
201812 3.579 105.998 4.556
201903 3.320 107.251 4.177
201906 3.226 108.070 4.028
201909 3.367 108.329 4.194
201912 3.353 108.420 4.173
202003 3.112 108.902 3.856
202006 2.959 108.767 3.671
202009 3.149 109.815 3.869
202012 3.348 109.897 4.111
202103 3.327 111.754 4.017
202106 3.764 114.631 4.430
202109 3.953 115.734 4.609
202112 4.140 117.630 4.749
202203 4.333 121.301 4.820
202206 4.664 125.017 5.034
202209 4.887 125.227 5.266
202212 4.697 125.222 5.061
202303 4.369 127.348 4.629
202306 4.668 128.729 4.893
202309 4.839 129.860 5.028
202312 4.594 129.419 4.789
202403 4.267 131.776 4.369
202406 4.006 132.554 4.078
202409 4.081 133.029 4.139
202412 4.011 133.157 4.064
202503 3.432 134.927 3.432

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.


ON Semiconductor  (NAS:ON) 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.


ON Semiconductor Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ON Semiconductor's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ON Semiconductor Business Description

Address
5701 North Pima Road, Scottsdale, AZ, USA, 85250
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
Executives
Alan Campbell director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Sudhir Gopalswamy officer: SVP & GM, ASG 5701 N. PIMA ROAD, SCOTTSDALE AZ 85250
Hassane El-khoury director, officer: CEO & President ONSEMI C/O L. BELLERJEAU M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Simon Keeton officer: EVP & GM, Pwr Sol Grp ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Trent Thad officer: Exec VP & CFO ONSEMI C/O M. COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
Paul Anthony Mascarenas director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Colpitts Bernard Raymond Jr officer: Chief Accounting Officer ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Robert Tong officer: SVP & GM, ASG 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Vince Craig Hopkin officer: EVP & GM, ASG ONSEMI C/O M COLLINS M/D A700, 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
George H Cave officer: Senior Vice President C O ONSEMI ATTN M COLLINS, 5005 E MCDOWELL RD MDA700, PHOENIX AZ 85008
Gregory L Waters director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Paul E Rolls officer: Exec VP Sales & Marketing C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Emmanuel T Hernandez director C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST. PETERS MO 63376