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ASML Holding NV (BKK:ASML01) Cyclically Adjusted PS Ratio : 23.60 (As of May. 24, 2024)


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What is ASML Holding NV Cyclically Adjusted PS Ratio?

As of today (2024-05-24), ASML Holding NV's current share price is ฿29.50. ASML Holding NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿1.25. ASML Holding NV's Cyclically Adjusted PS Ratio for today is 23.60.

The historical rank and industry rank for ASML Holding NV's Cyclically Adjusted PS Ratio or its related term are showing as below:

BKK:ASML01' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.3   Med: 11.27   Max: 34.15
Current: 22.64

During the past years, ASML Holding NV's highest Cyclically Adjusted PS Ratio was 34.15. The lowest was 5.30. And the median was 11.27.

BKK:ASML01's Cyclically Adjusted PS Ratio is ranked worse than
96.63% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs BKK:ASML01: 22.64

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.

ASML Holding NV's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿525.058. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ฿1.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASML Holding NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ASML Holding NV's Cyclically Adjusted PS 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.

* Premium members only.

ASML Holding NV Cyclically Adjusted PS Ratio Chart

ASML Holding NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.36 19.57 29.37 16.60 18.84

ASML Holding NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 19.71 19.85 15.94 18.84 23.65

Competitive Comparison of ASML Holding NV's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where ASML Holding NV's Cyclically Adjusted PS Ratio falls into.



ASML Holding NV Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ASML Holding NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.50/1.25
=23.60

* 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.

ASML Holding NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ASML Holding NV'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)
=525.058/128.5800*128.5800
=525.058

Current CPI (Mar. 2024) = 128.5800.

ASML Holding NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 164.303 99.240 212.879
201409 124.965 99.960 160.744
201412 139.122 99.050 180.599
201503 133.826 99.750 172.505
201506 144.299 100.230 185.114
201509 144.839 100.500 185.307
201512 130.988 99.730 168.880
201603 121.828 100.310 156.162
201606 161.624 100.260 207.277
201609 166.033 100.570 212.275
201612 167.720 100.710 214.134
201703 167.698 101.440 212.565
201706 185.598 101.370 235.417
201709 223.765 102.030 281.993
201712 221.698 101.970 279.552
201803 205.328 102.470 257.647
201806 243.225 103.100 303.335
201809 247.786 103.950 306.497
201812 276.046 103.970 341.387
201903 189.191 105.370 230.864
201906 213.945 105.840 259.912
201909 238.341 106.700 287.215
201912 321.597 106.800 387.181
202003 206.224 106.850 248.164
202006 278.360 107.510 332.913
202009 348.895 107.880 415.841
202012 372.074 107.850 443.591
202103 384.759 108.870 454.416
202106 369.651 109.670 433.389
202109 499.516 110.790 579.725
202112 466.818 114.010 526.475
202203 322.297 119.460 346.902
202206 502.974 119.050 543.237
202209 534.692 126.890 541.813
202212 603.692 124.940 621.280
202303 630.521 124.720 650.035
202306 662.610 125.830 677.091
202309 649.126 127.160 656.375
202312 699.978 126.450 711.769
202403 525.058 128.580 525.058

Add all the adjusted revenue per share together and divide 10 will get our 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.


ASML Holding NV  (BKK:ASML01) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ASML Holding NV Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ASML Holding NV's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ASML Holding NV (BKK:ASML01) Business Description

Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.

ASML Holding NV (BKK:ASML01) Headlines

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