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Ultra Clean Holdings (NAS:UCTT) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Ultra Clean Holdings Forward PE Ratio Related Terms
Ultra Clean Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Ultra Clean Holdings's Forward PE 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.
Ultra Clean Holdings Forward PE Ratio Chart
Ultra Clean Holdings Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
13.21
17.49
Ultra Clean Holdings Quarterly Data
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
12.39
13.21
11.55
20.36
18.55
17.49
29.79
UCTT vs ACLS, AXTI, IPGP: Forward PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ultra Clean Holdings's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Ultra Clean Holdings (UCTT) has a Forward PE Ratio of 39.39 as of Jul. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ultra Clean Holdings and its competitors. According to the industry distribution chart, Ultra Clean Holdings ranks #305 out of 548 companies in the Semiconductors industry, placing it in the top 55.7%.
Is Ultra Clean Holdings' Forward PE Ratio too high?
Ultra Clean Holdings' current Forward PE Ratio is 39.39. The Semiconductors industry median Forward PE Ratio is 33.79. Ultra Clean Holdings' value of 39.39 is 16.6% above this industry median. Based on the distribution chart, Ultra Clean Holdings ranks #305 out of 548 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Ultra Clean Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Clean Holdings' Forward PE Ratio compare to ACLS and AXTI?
According to the Semiconductors industry distribution chart, Ultra Clean Holdings ranks #305 out of 548 companies for Forward PE Ratio. This places Ultra Clean Holdings in the lower half of its industry. The industry median Forward PE Ratio is 33.79. Ultra Clean Holdings' value of 39.39 is 16.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 33.79, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultra Clean Holdings's current Forward PE Ratio of 39.39 is 16.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ultra Clean Holdings and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 33.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Clean Holdings's current Forward PE Ratio is 39.39. 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 (UCTT) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.89, compared to a current price of $102.11 — trading 162.6% above its estimated fair value. The current Forward PE Ratio is 39.39 and 16.6% above the Semiconductors industry median of 33.79. Ultra Clean Holdings' overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Ultra Clean Holdings (UCTT), the current Forward PE Ratio is 39.39 as of Jul. 16, 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 (UCTT) Overvalued in 2026?
Based on GuruFocus' analysis, Ultra Clean Holdings stock appears to be overvalued.
The current stock price of $102.11 is trading 162.6% above its estimated GF Value™ of $38.89.
GuruFocus considers Ultra Clean Holdings to be Significantly Overvalued.
Key valuation signals for UCTT:
Forward PE Ratio: 39.39
GF Value™: $38.89 vs. price of $102.11 (162.6% above fair value)
Industry Position: 16.6% above the Semiconductors median (#305 of 548)
No single metric tells the full story. See the UCTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
61GF Score
Get the complete analysis for UCTT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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