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PLAB (Photronics) Cyclically Adjusted PS Ratio : 1.57 (As of Jun. 24, 2025)


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What is Photronics Cyclically Adjusted PS Ratio?

As of today (2025-06-24), Photronics's current share price is $18.32. Photronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was $11.67. Photronics's Cyclically Adjusted PS Ratio for today is 1.57.

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

PLAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.49   Max: 3.13
Current: 1.56

During the past years, Photronics's highest Cyclically Adjusted PS Ratio was 3.13. The lowest was 0.92. And the median was 1.49.

PLAB's Cyclically Adjusted PS Ratio is ranked better than
55.46% of 687 companies
in the Semiconductors industry
Industry Median: 1.84 vs PLAB: 1.56

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.

Photronics's adjusted revenue per share data for the three months ended in Apr. 2025 was $3.460. 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 $11.67 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Photronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Photronics'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.

Photronics Cyclically Adjusted PS Ratio Chart

Photronics Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.54 1.68 1.75 2.02

Photronics Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 2.49 2.28 2.02 2.01 1.57

Competitive Comparison of Photronics's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Photronics'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.


Photronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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


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Photronics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.32/11.67
=1.57

* 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.

Photronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=3.46/135.3468*135.3468
=3.460

Current CPI (Apr. 2025) = 135.3468.

Photronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201507 1.676 100.691 2.253
201510 1.802 100.346 2.431
201601 1.642 99.957 2.223
201604 1.586 100.947 2.126
201607 1.658 101.524 2.210
201610 1.442 101.988 1.914
201701 1.588 102.456 2.098
201704 1.561 103.167 2.048
201707 1.608 103.278 2.107
201710 1.748 104.070 2.273
201801 1.779 104.578 2.302
201804 1.739 105.708 2.227
201807 1.812 106.324 2.307
201810 1.957 106.695 2.483
201901 1.860 106.200 2.370
201904 1.864 107.818 2.340
201907 2.075 108.250 2.594
201910 2.337 108.577 2.913
202001 2.404 108.841 2.989
202004 2.183 108.173 2.731
202007 2.420 109.318 2.996
202010 2.305 109.861 2.840
202101 2.414 110.364 2.960
202104 2.553 112.673 3.067
202107 2.774 115.183 3.260
202110 2.976 116.696 3.452
202201 3.115 118.619 3.554
202204 3.345 121.978 3.712
202207 3.588 125.002 3.885
202210 3.426 125.734 3.688
202301 3.434 126.223 3.682
202304 3.728 127.992 3.942
202307 3.618 128.974 3.797
202310 3.665 129.810 3.821
202401 3.473 130.124 3.612
202404 3.477 132.289 3.557
202407 3.380 132.708 3.447
202410 3.565 133.182 3.623
202501 3.385 134.029 3.418
202504 3.460 135.347 3.460

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.


Photronics  (NAS:PLAB) 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.


Photronics Cyclically Adjusted PS Ratio Related Terms

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


Photronics Business Description

Industry
Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz or glass plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue world-wide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
Executives
Walter M Fiederowicz director 15 SECOR ROAD, BROOKFIELD CT 06804
Kang Jyh Lee officer: President, Asia IC Photomask 15 SECOR ROAD, BROOKFIELD CT 06804
Christopher J Progler officer: VP,Chief Technology Officer 15 SECOR ROAD, BROOKFIELD CT 06804
Adam M Lewis director 15 SECOR ROAD, BROOKFIELD CT 06804
Mitchell G Tyson director 15 SECOR ROAD, BROOKFIELD CT 06804
Peter S Kirlin officer: Senior VP, U.S. & Europe 15 SECOR ROAD, BROOKFIELD CT 06804
Richelle E Burr officer: VP, General Counsel & Secy 15 SECOR RD, BROOKFIELD CT 06804
John P Jordan officer: SVP & Chief Financial Officer 600 EAST GREENWICH AVENUE, WEST WARWICK RI 02893
Daniel Jl Liao director 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Fiorita Joseph A Jr director 15 SECOR ROAD, BROOKFIELD CT 06804
Mary Paladino director 15 SECOR ROAD, BROOKFIELD CT 06804
George Macricostas director 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Macricostas Constantine S director 15 SECOR ROAD, P.O. BOX 5226, BROOKFIELD CT 06804
Sean T Smith officer: VP and Chief Financial Officer 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Liang Choo Hsia director 15 SECOR RD., BROOKFIELD CT 06804