Ultra Clean Holdings (FRA:UCE) E10: €0.49 (As of Mar. 2026)


FRA:UCE Ultra Clean Holdings Inc FRA:UCE
58 GF Score
Price €96.90
GF Value €31.34
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ultra Clean Holdings E10?

Ultra Clean Holdings FRA:UCE -1.92% 58 E10 is €0.49 as of Mar. 2026. GuruFocus rates FRA:UCE with a GF Score™ of 58/100 and a GF Value™ of €31.34 (Significantly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ultra Clean Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.346. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ultra Clean Holdings's average E10 Growth Rate was -34.70% per year. During the past 3 years, the average E10 Growth Rate was -14.50% per year. During the past 5 years, the average E10 Growth Rate was -1.20% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ultra Clean Holdings was 105.40% per year. The lowest was -18.30% per year. And the median was 9.70% per year.

As of today (2026-06-27), Ultra Clean Holdings's current stock price is €96.90. Ultra Clean Holdings's E10 for the quarter that ended in Mar. 2026 was €0.49. Ultra Clean Holdings's Shiller PE Ratio of today is 197.76.

During the past 13 years, the highest Shiller PE Ratio of Ultra Clean Holdings was 2411.00. The lowest was 17.31. And the median was 40.20.


Ultra Clean Holdings  (FRA:UCE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ultra Clean Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=96.90/0.49
=197.76

* 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 Shiller P/E Ratio of Ultra Clean Holdings was 2411.00. The lowest was 17.31. And the median was 40.20.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ultra Clean Holdings E10 Related Terms


Ultra Clean Holdings E10 Historical Data

* Premium members only.

The historical data trend for Ultra Clean Holdings's E10 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.

Ultra Clean Holdings E10 Chart

Ultra Clean Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.96 0.86 0.94 0.55

Ultra Clean Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.91 0.53 0.49 0.55 0.49

FRA:UCE vs VECO, AMBA, ACLS: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Ultra Clean Holdings Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ultra Clean Holdings's Shiller PE Ratio falls into.


FRA:UCE
58GF Score
Ultra Clean Holdings Inc FRA:UCE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultra Clean Holdings E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Ultra Clean Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.346/330.2130*330.2130
=-0.346

Current CPI (Mar. 2026) = 330.2130.

Ultra Clean Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.018 241.018 0.025
201609 0.071 241.428 0.097
201612 0.284 241.432 0.388
201703 0.393 243.801 0.532
201706 0.525 244.955 0.708
201709 0.478 246.819 0.640
201712 0.507 246.524 0.679
201803 0.535 249.554 0.708
201806 0.411 251.989 0.539
201809 -0.129 252.439 -0.169
201812 -0.026 251.233 -0.034
201903 0.018 254.202 0.023
201906 -0.009 256.143 -0.012
201909 0.009 256.759 0.012
201912 -0.234 256.974 -0.301
202003 0.208 258.115 0.266
202006 0.462 257.797 0.592
202009 0.501 260.280 0.636
202012 0.452 260.474 0.573
202103 0.504 264.877 0.628
202106 0.324 271.696 0.394
202109 0.595 274.310 0.716
202112 0.885 278.802 1.048
202203 0.554 287.504 0.636
202206 -0.530 296.311 -0.591
202209 0.212 296.808 0.236
202212 0.576 296.797 0.641
202303 -0.075 301.836 -0.082
202306 -0.194 305.109 -0.210
202309 -0.300 307.789 -0.322
202312 -0.073 306.746 -0.079
202403 -0.193 312.332 -0.204
202406 0.390 314.175 0.410
202409 -0.045 315.301 -0.047
202412 0.344 315.605 0.360
202503 -0.102 319.799 -0.105
202506 -3.104 322.561 -3.178
202509 -0.204 324.800 -0.207
202512 -0.060 324.054 -0.061
202603 -0.346 330.213 -0.346

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.49 mean?
Ultra Clean Holdings (FRA:UCE) has a E10 of €0.49 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ultra Clean Holdings and its competitors.
Is Ultra Clean Holdings' E10 too high?
Ultra Clean Holdings' current E10 is €0.49. Overall, Ultra Clean Holdings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Clean Holdings' E10 compare to VECO and AMBA?
Ultra Clean Holdings' E10 of €0.49 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ultra Clean Holdings and its competitors. Ultra Clean Holdings's current E10 is €0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Clean Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ultra Clean Holdings (FRA:UCE) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.34, compared to a current price of €96.90 — trading 209.2% above its estimated fair value. The current E10 is €0.49. Ultra Clean Holdings' overall GF Score™ is 58/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ultra Clean Holdings (FRA:UCE), the current E10 is €0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ultra Clean Holdings (FRA:UCE) Overvalued in 2026?

Based on GuruFocus' analysis, Ultra Clean Holdings stock appears to be overvalued. The current stock price of €96.90 is trading 209.2% above its estimated GF Value™ of €31.34. GuruFocus considers Ultra Clean Holdings to be Significantly Overvalued.

Key valuation signals for FRA:UCE:

  • E10: €0.49
  • GF Value™: €31.34 vs. price of €96.90 (209.2% above fair value)
  • GF Score™: 58/100 with 10 warning signs

No single metric tells the full story. See the FRA:UCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultra Clean Holdings Business Description

Other Exchanges UCTT:USA0LID:UK
Address 26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments: Products and Services. Its principal markets are the Americas, Asia Pacific, and EMEA.
58GF Score

Get the complete analysis for FRA:UCE

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€96.90
Price
€31.34
GF Value