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Axcelis Technologies (STU:XXA1) Cyclically Adjusted PS Ratio : 5.98 (As of Apr. 27, 2024)


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What is Axcelis Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Axcelis Technologies's current share price is €96.64. Axcelis Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €16.15. Axcelis Technologies's Cyclically Adjusted PS Ratio for today is 5.98.

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

STU:XXA1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.1   Max: 11.78
Current: 5.63

During the past years, Axcelis Technologies's highest Cyclically Adjusted PS Ratio was 11.78. The lowest was 0.38. And the median was 2.10.

STU:XXA1's Cyclically Adjusted PS Ratio is ranked worse than
78.54% of 671 companies
in the Semiconductors industry
Industry Median: 2.25 vs STU:XXA1: 5.63

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.

Axcelis Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was €8.613. 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 €16.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axcelis Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axcelis 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.

* Premium members only.

Axcelis Technologies Cyclically Adjusted PS Ratio Chart

Axcelis Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 2.67 6.11 5.37 7.30

Axcelis Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.37 8.54 11.20 9.50 7.30

Competitive Comparison of Axcelis Technologies's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Axcelis 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.


Axcelis Technologies's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Axcelis 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.

Axcelis Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.64/16.15
=5.98

* 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.

Axcelis Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Axcelis Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.613/129.4194*129.4194
=8.613

Current CPI (Dec. 2023) = 129.4194.

Axcelis Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.519 99.695 1.972
201406 1.089 100.560 1.402
201409 1.071 100.428 1.380
201412 1.808 99.070 2.362
201503 2.281 99.621 2.963
201506 2.318 100.684 2.980
201509 2.320 100.392 2.991
201512 2.124 99.792 2.755
201603 1.987 100.470 2.560
201606 1.868 101.688 2.377
201609 1.885 101.861 2.395
201612 2.087 101.863 2.652
201703 2.519 102.862 3.169
201706 2.758 103.349 3.454
201709 2.615 104.136 3.250
201712 2.843 104.011 3.538
201803 2.904 105.290 3.570
201806 3.010 106.317 3.664
201809 2.406 106.507 2.924
201812 2.739 105.998 3.344
201903 2.366 107.251 2.855
201906 1.940 108.070 2.323
201909 1.892 108.329 2.260
201912 2.864 108.420 3.419
202003 3.162 108.902 3.758
202006 3.216 108.767 3.827
202009 2.743 109.815 3.233
202012 2.928 109.897 3.448
202103 3.219 111.754 3.728
202106 3.563 114.631 4.023
202109 4.406 115.734 4.927
202112 5.345 117.630 5.881
202203 5.441 121.301 5.805
202206 6.234 125.017 6.454
202209 6.932 125.227 7.164
202212 7.553 125.222 7.806
202303 7.126 127.348 7.242
202306 7.619 128.729 7.660
202309 8.260 129.860 8.232
202312 8.613 129.419 8.613

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.


Axcelis Technologies  (STU:XXA1) 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.


Axcelis Technologies Cyclically Adjusted PS Ratio Related Terms

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


Axcelis Technologies (STU:XXA1) Business Description

Traded in Other Exchanges
Address
108 Cherry Hill Drive, Beverly, MA, USA, 01915
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.

Axcelis Technologies (STU:XXA1) Headlines

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