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Onto Innovation (Onto Innovation) Cyclically Adjusted Revenue per Share : $14.01 (As of Mar. 2024)


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What is Onto Innovation Cyclically Adjusted Revenue per Share?

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.

Onto Innovation's adjusted revenue per share for the three months ended in Mar. 2024 was $4.610. 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 $14.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Onto Innovation's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Onto Innovation was 13.30% per year. The lowest was -0.40% per year. And the median was 3.70% per year.

As of today (2024-05-16), Onto Innovation's current stock price is $229.125. Onto Innovation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $14.01. Onto Innovation's Cyclically Adjusted PS Ratio of today is 16.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Onto Innovation was 16.68. The lowest was 1.42. And the median was 3.75.


Onto Innovation Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Onto Innovation'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.

* Premium members only.

Onto Innovation Cyclically Adjusted Revenue per Share Chart

Onto Innovation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 9.46 10.86 12.53 13.75

Onto Innovation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.95 13.25 13.57 13.75 14.01

Competitive Comparison of Onto Innovation's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Onto Innovation'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.


Onto Innovation's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Onto Innovation 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, Onto Innovation's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.61/131.7762*131.7762
=4.610

Current CPI (Mar. 2024) = 131.7762.

Onto Innovation Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.604 100.560 2.102
201409 1.752 100.428 2.299
201412 1.870 99.070 2.487
201503 2.002 99.621 2.648
201506 2.280 100.684 2.984
201509 2.256 100.392 2.961
201512 1.984 99.792 2.620
201603 2.129 100.470 2.792
201606 2.448 101.688 3.172
201609 2.429 101.861 3.142
201612 2.082 101.863 2.693
201703 2.346 102.862 3.005
201706 2.600 103.349 3.315
201709 2.579 104.136 3.264
201712 2.336 104.011 2.960
201803 2.804 105.290 3.509
201806 2.961 106.317 3.670
201809 2.312 106.507 2.861
201812 2.491 105.998 3.097
201903 2.422 107.251 2.976
201906 2.436 108.070 2.970
201909 2.487 108.329 3.025
201912 2.723 108.420 3.310
202003 2.792 108.902 3.378
202006 2.753 108.767 3.335
202009 2.575 109.815 3.090
202012 3.150 109.897 3.777
202103 3.415 111.754 4.027
202106 3.891 114.631 4.473
202109 4.031 115.734 4.590
202112 4.526 117.630 5.070
202203 4.835 121.301 5.253
202206 5.136 125.017 5.414
202209 5.090 125.227 5.356
202212 5.140 125.222 5.409
202303 4.056 127.348 4.197
202306 3.869 128.729 3.961
202309 4.194 129.860 4.256
202312 4.422 129.419 4.503
202403 4.610 131.776 4.610

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


Onto Innovation  (NYSE:ONTO) 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.

Onto Innovation's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=229.125/14.01
=16.35

* 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 Onto Innovation was 16.68. The lowest was 1.42. And the median was 3.75.


Be Aware

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


Onto Innovation Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Onto Innovation's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Onto Innovation (Onto Innovation) Business Description

Industry
Traded in Other Exchanges
Address
16 Jonspin Road, Wilmington, MA, USA, 01887
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Asia, and Europe, with China and South Korea the largest sources of total revenue.
Executives
Mark Slicer officer: Chief Financial Officer 16 JONSPIN ROAD, WILMINGTON MA 01887
Robert Fiordalice other: See Remarks C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Srinivas Vedula officer: SVP, Customer Success C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Michael P Plisinski director, officer: Chief Executive Officer C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
D Mayson Brooks officer: VP, GM IBU C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Ju Jin other: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
David Brian Miller director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
May Su director 16 JONSPIN ROAD, WILMINGTON MA 01887
Ramil Yaldaei officer: Chief Operating Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Yoon Ah Oh officer: General Counsel 16 JONSPIN ROAD, WILMINGTON MA 01887
James Harlow officer: Chief Operating Officer 16 JONSPIN RD, WILMINGTON MA 01887
Stephen Douglas Kelley director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Steven R Roth officer: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Bruce C Rhine director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887