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Ferrotec Holdings (Ferrotec Holdings) Cyclically Adjusted PS Ratio : 0.71 (As of Jun. 07, 2024)


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What is Ferrotec Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Ferrotec Holdings's current share price is $17.77. Ferrotec Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $25.03. Ferrotec Holdings's Cyclically Adjusted PS Ratio for today is 0.71.

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

FRRZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1   Max: 2.08
Current: 0.92

During the past years, Ferrotec Holdings's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.22. And the median was 1.00.

FRRZF's Cyclically Adjusted PS Ratio is ranked better than
78.09% of 680 companies
in the Semiconductors industry
Industry Median: 2.325 vs FRRZF: 0.92

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.

Ferrotec Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.154. 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 $25.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrotec Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ferrotec Holdings'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.

Ferrotec Holdings Cyclically Adjusted PS Ratio Chart

Ferrotec Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 1.04 1.23 1.26 -

Ferrotec Holdings 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 1.26 1.33 1.02 0.92 -

Competitive Comparison of Ferrotec Holdings's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Ferrotec Holdings'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.


Ferrotec Holdings's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Ferrotec Holdings's Cyclically Adjusted PS Ratio falls into.



Ferrotec Holdings 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.

Ferrotec Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.77/25.03
=0.71

* 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.

Ferrotec Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ferrotec Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.154/106.8000*106.8000
=8.154

Current CPI (Dec. 2023) = 106.8000.

Ferrotec Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.174 95.700 4.658
201406 4.493 98.000 4.896
201409 4.565 98.500 4.950
201412 3.944 97.900 4.303
201503 4.135 97.900 4.511
201506 4.393 98.400 4.768
201509 4.542 98.500 4.925
201512 4.698 98.100 5.115
201603 5.187 97.900 5.659
201606 5.279 98.100 5.747
201609 6.482 98.000 7.064
201612 4.624 98.400 5.019
201703 5.597 98.100 6.093
201706 6.001 98.500 6.507
201709 5.812 98.800 6.283
201712 5.819 99.400 6.252
201803 5.920 99.200 6.374
201806 5.557 99.200 5.983
201809 5.429 99.900 5.804
201812 5.359 99.700 5.741
201903 5.336 99.700 5.716
201906 5.245 99.800 5.613
201909 5.226 100.100 5.576
201912 4.675 100.500 4.968
202003 4.896 100.300 5.213
202006 5.141 99.900 5.496
202009 5.370 99.900 5.741
202012 5.828 99.300 6.268
202103 5.539 99.900 5.922
202106 6.083 99.500 6.529
202109 7.062 100.100 7.535
202112 7.021 100.100 7.491
202203 7.177 101.100 7.582
202206 6.909 101.800 7.248
202209 8.052 103.100 8.341
202212 9.190 104.100 9.428
202303 8.787 104.400 8.989
202306 7.777 105.200 7.895
202309 6.760 106.200 6.798
202312 8.154 106.800 8.154

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.


Ferrotec Holdings  (OTCPK:FRRZF) 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.


Ferrotec Holdings Cyclically Adjusted PS Ratio Related Terms

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


Ferrotec Holdings (Ferrotec Holdings) Business Description

Traded in Other Exchanges
Address
2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027
Ferrotec Holdings Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.