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Veeco Instruments (Veeco Instruments) Cyclically Adjusted Revenue per Share : $12.26 (As of Mar. 2024)


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What is Veeco Instruments 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.

Veeco Instruments's adjusted revenue per share for the three months ended in Mar. 2024 was $2.872. 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 $12.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Veeco Instruments's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -3.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -3.00% 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 Veeco Instruments was 3.40% per year. The lowest was -8.10% per year. And the median was -3.10% per year.

As of today (2024-05-15), Veeco Instruments's current stock price is $40.06. Veeco Instruments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.26. Veeco Instruments's Cyclically Adjusted PS Ratio of today is 3.27.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Veeco Instruments was 3.18. The lowest was 0.45. And the median was 1.70.


Veeco Instruments Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Veeco Instruments'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.

Veeco Instruments Cyclically Adjusted Revenue per Share Chart

Veeco Instruments 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 14.14 12.68 11.75 11.82 12.26

Veeco Instruments 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 12.07 12.18 12.24 12.26 12.26

Competitive Comparison of Veeco Instruments's Cyclically Adjusted Revenue per Share

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.


Veeco Instruments's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Veeco Instruments 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, Veeco Instruments'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)
=2.872/129.4194*129.4194
=2.872

Current CPI (Mar. 2024) = 129.4194.

Veeco Instruments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.416 100.560 3.109
201409 2.369 100.428 3.053
201412 2.879 99.070 3.761
201503 2.481 99.621 3.223
201506 3.311 100.684 4.256
201509 3.435 100.392 4.428
201512 2.678 99.792 3.473
201603 1.995 100.470 2.570
201606 1.934 101.688 2.461
201609 2.185 101.861 2.776
201612 2.334 101.863 2.965
201703 2.354 102.862 2.962
201706 2.631 103.349 3.295
201709 2.755 104.136 3.424
201712 2.947 104.011 3.667
201803 3.377 105.290 4.151
201806 3.335 106.317 4.060
201809 2.698 106.507 3.278
201812 2.117 105.998 2.585
201903 2.121 107.251 2.559
201906 2.076 108.070 2.486
201909 2.294 108.329 2.741
201912 2.366 108.420 2.824
202003 2.186 108.902 2.598
202006 2.050 108.767 2.439
202009 2.279 109.815 2.686
202012 2.867 109.897 3.376
202103 2.521 111.754 2.919
202106 2.713 114.631 3.063
202109 2.790 115.734 3.120
202112 2.846 117.630 3.131
202203 2.396 121.301 2.556
202206 2.758 125.017 2.855
202209 2.639 125.227 2.727
202212 2.290 125.222 2.367
202303 2.565 127.348 2.607
202306 3.058 128.729 3.074
202309 2.974 129.860 2.964
202312 3.098 129.419 3.098
202403 2.872 129.419 2.872

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


Veeco Instruments  (NAS:VECO) 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.

Veeco Instruments's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.06/12.26
=3.27

* 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 Veeco Instruments was 3.18. The lowest was 0.45. And the median was 1.70.


Be Aware

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


Veeco Instruments Cyclically Adjusted Revenue per Share Related Terms

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


Veeco Instruments (Veeco Instruments) Business Description

Industry
Traded in Other Exchanges
Address
Terminal Drive, Plainview, NY, USA, 11803
Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.
Executives
William John Miller director, officer: CEO C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John P Kiernan officer: VP Finance & Corp. Controller C/O VEECO INSTRUMENTS INC, TERMINAL DRIVE, PLAINVIEW NY 11803
Dennis Thomas St director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Mary Jane Raymond director C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Susan Wilkerson officer: SVP, Global Sales & Service C/O VEECO INSTRUMENTS INC., PLAINVIEW NY 11803
Adrian Devasahayam officer: SVP - Product Line Development C/O VEECO INSTRUMENTS, 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Lena Nicolaides director 1250 RELIANCE WAY, FREMONT CA 94539
Peter J Simone director 17075 THORNMINT COURT, SANDIGO CA 92127
Sujeet Chand director ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Peter Porshnev officer: SVP, Unified Engineering C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Shubham Maheshwari officer: EVP, CFO & COO C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John R Peeler officer: CEO DYNATECH CORP, 3 NEW ENGLAND EXECUTIVE PARK, BURLINGTON MA 01803
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Roger D Mcdaniel director C/O ENTEGRIS INC, 3500 LYMAN BOULEVARD, CHASKA MN 55318
Susan Wang director 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538

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