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AdvantestATEYY +2.98%87 Shiller PE Ratio is 232.03 as of Aug. 23, 2026, which is 158% above its 10-year median of 89.97. GuruFocus rates ATEYY with a GF Score™ of 87/100 and a GF Value™ of $115.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 543 Semiconductors companies, Advantest ranks worse than 91.71% on this metric.
As of today (2026-08-23), Advantest's current share price is $225.07. Advantest's E10 for the quarter that ended in Mar. 2026 was $0.97. Advantest's Shiller PE Ratio for today is 232.03.
The historical rank and industry rank for Advantest's Shiller PE Ratio or its related term are showing as below:
ATEYY'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 36.76 Med: 89.97 Max: 254.49
Current: 247.8
During the past years, Advantest's highest Shiller PE Ratio was 254.49. The lowest was 36.76. And the median was 89.97.
ATEYY's Shiller PE Ratio is ranked worse than 91.71% of 543
companies
in the Semiconductors industry
Industry Median: 40.06
vs ATEYY: 247.80
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.
Advantest's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.107. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.97 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Advantest (OTCPK:ATEYY) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Advantest Shiller PE Ratio Related Terms
Advantest Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Advantest's Shiller 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.
ATEYY vs AMAT, LRCX, KLAC: Shiller PE Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Advantest'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.
Advantest Shiller PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advantest's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Advantest's Shiller PE Ratio falls into.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Advantest's Shiller PE Ratio for today is calculated as
* 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.
Advantest's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Advantest's adjusted earnings per share data for the three months ended in Mar. 2026 was:
Add all the adjusted EPS together and divide 10 will get our 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.
Advantest (ATEYY) has a Shiller PE Ratio of 232.03 as of Aug. 23, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Advantest and its competitors. This is 158% above median its historical median of 89.97. Over the past decade, Advantest's Shiller PE Ratio has ranged from 36.76 to 254.49. According to the industry distribution chart, Advantest ranks #498 out of 543 companies in the Semiconductors industry, placing it in the top 91.7%.
Is Advantest's Shiller PE Ratio too high?
Advantest's current Shiller PE Ratio of 232.03 is 158% above median its 10-year median of 89.97. Over the past 10 years, this metric has ranged from a low of 36.76 to a high of 254.49. The Semiconductors industry median Shiller PE Ratio is 40.06. Advantest's value of 232.03 is 479.2% above this industry median. Based on the distribution chart, Advantest ranks #498 out of 543 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Advantest has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advantest's Shiller PE Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advantest ranks #498 out of 543 companies for Shiller PE Ratio. This places Advantest in the lower half of its industry. The industry median Shiller PE Ratio is 40.06. Advantest's value of 232.03 is 479.2% above this benchmark. Historically, Advantest's own Shiller PE Ratio has ranged from 36.76 to 254.49 over the past decade. While the company's 10-year median is 89.97 vs. the industry median of 40.06, Advantest 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 Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 40.06, based on 543 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advantest's current Shiller PE Ratio of 232.03 is 479.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Advantest and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 40.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantest's current Shiller PE Ratio is 232.03, which is 158% above median its own 10-year median of 89.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantest stock overvalued right now?
Based on GuruFocus' analysis, Advantest (ATEYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $115.05, compared to a current price of $225.07 — trading 95.6% above its estimated fair value. The current Shiller PE Ratio is 232.03, which is 158% above median its 10-year median of 89.97 and 479.2% above the Semiconductors industry median of 40.06. Advantest's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Advantest (ATEYY), the current Shiller PE Ratio is 232.03 as of Aug. 23, 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 Advantest (ATEYY) Overvalued in 2026?
Based on GuruFocus' analysis, Advantest stock appears to be overvalued.
The current stock price of $225.07 is trading 95.6% above its estimated GF Value™ of $115.05.
GuruFocus considers Advantest to be Significantly Overvalued.
Key valuation signals for ATEYY:
Shiller PE Ratio: 232.03 (158% above median its 10-year median of 89.97)
GF Value™: $115.05 vs. price of $225.07 (95.6% above fair value)
Industry Position: 479.2% above the Semiconductors median (#498 of 543)
No single metric tells the full story. See the ATEYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1954 and headquartered in Tokyo, Advantest specializes in semiconductor test systems and is a well-known leader in automated test equipment, or ATE. Advantest also has a high market share in test systems for nonmemory semiconductors, including application processors for mobile phones. The company is also involved in peripheral businesses, such as semiconductor device transport equipment. Following its acquisition of Verigy in July 2011, Advantest holds a market share of over 50% in the ATE market.
87GF Score
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