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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FormFactorFORM +2.03%72 Median PS Value is $38.70 as of Aug. 08, 2026, which is 2365% above its 10-year median of 1.57. GuruFocus rates FORM with a GF Score™ of 72/100 and a GF Value™ of $56.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 540 Semiconductors companies, FormFactor ranks worse than 83.89% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. FormFactor's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $11.382. FormFactor's 10-Year median PS Ratio is 3.4001. Therefore, the Median PS Value for today is $38.70.
As of today (2026-08-08), FormFactor's share price is $117.55. FormFactor's Median PS Value is $38.70. Therefore, FormFactor's Price to Median PS Value for today is 3.04.
The historical rank and industry rank for FormFactor's Median PS Value or its related term are showing as below:
FORM'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.87 Med: 1.57 Max: 4.13
Current: 3.04
During the past 13 years, the highest Price to Median PS Value of FormFactor was 4.13. The lowest was 0.87. And the median was 1.57.
FORM's Price-to-Median-PS-Value is ranked worse than 83.89% of 540
companies
in the Semiconductors industry
Industry Median: 1.405
vs FORM: 3.04
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
FormFactor's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
117.55
/
38.70
=
3.04
* 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.
FormFactor Median PS Value Related Terms
FormFactor Median PS Value Historical Data
* Premium members only.
The historical data trend for FormFactor's Median PS Value 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.
FORM vs CAMT, ACMR, KLIC: Median PS Value Comparison
For the Semiconductor Equipment & Materials subindustry, FormFactor's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
FormFactor Price-to-Median-PS-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FormFactor's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where FormFactor's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.4001.
FormFactor's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.382.
* 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.
FormFactor (FORM) has a Median PS Value of $38.70 as of Aug. 08, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on FormFactor and its competitors. This is 2365% above median its historical median of 1.57. Over the past decade, FormFactor's Median PS Value has ranged from 0.87 to 4.13. According to the industry distribution chart, FormFactor ranks #453 out of 540 companies in the Semiconductors industry, placing it in the top 83.9%.
Is FormFactor's Median PS Value too high?
FormFactor's current Median PS Value of $38.70 is 2365% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.13. The Semiconductors industry median Median PS Value is 1.41. FormFactor's value of $38.70 is 2654.4% above this industry median. Based on the distribution chart, FormFactor ranks #453 out of 540 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, FormFactor has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FormFactor's Median PS Value compare to CAMT and ACMR?
According to the Semiconductors industry distribution chart, FormFactor ranks #453 out of 540 companies for Median PS Value. This places FormFactor in the lower half of its industry. The industry median Median PS Value is 1.41. FormFactor's value of $38.70 is 2654.4% above this benchmark. Historically, FormFactor's own Median PS Value has ranged from 0.87 to 4.13 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.41, FormFactor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Semiconductors company?
The median Median PS Value among Semiconductors companies is 1.41, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FormFactor's current Median PS Value of $38.70 is 2654.4% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on FormFactor and its competitors. For the Semiconductors industry, the median Median PS Value is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FormFactor's current Median PS Value is $38.70, which is 2365% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FormFactor stock overvalued right now?
Based on GuruFocus' analysis, FormFactor (FORM) is currently considered Significantly Overvalued. The stock's GF Value™ is $56.87, compared to a current price of $117.55 — trading 106.7% above its estimated fair value. The current Median PS Value is $38.70, which is 2365% above median its 10-year median of 1.57 and 2654.4% above the Semiconductors industry median of 1.41. FormFactor's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For FormFactor (FORM), the current Median PS Value is $38.70 as of Aug. 08, 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 FormFactor (FORM) Overvalued in 2026?
Based on GuruFocus' analysis, FormFactor stock appears to be overvalued.
The current stock price of $117.55 is trading 106.7% above its estimated GF Value™ of $56.87.
GuruFocus considers FormFactor to be Significantly Overvalued.
Key valuation signals for FORM:
Median PS Value: $38.70 (2365% above median its 10-year median of 1.57)
GF Value™: $56.87 vs. price of $117.55 (106.7% above fair value)
Industry Position: 2654.4% above the Semiconductors median (#453 of 540)
No single metric tells the full story. See the FORM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FormFactor Inc is a provider of electrical and optical test and measurement technologies along the full semiconductor product lifecycle - from characterization, modeling, reliability, and design de-bug, to qualification and production test.. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.
72GF Score
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