GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ferrotec Holdings Corp (TSE:6890) » Definitions » Cyclically Adjusted PS Ratio

Ferrotec Holdings (TSE:6890) Cyclically Adjusted PS Ratio : 0.96 (As of May. 20, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Ferrotec Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Ferrotec Holdings's current share price is 円2782.00. Ferrotec Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,902.70. Ferrotec Holdings's Cyclically Adjusted PS Ratio for today is 0.96.

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

TSE:6890' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1   Max: 2.08
Current: 0.96

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.

TSE:6890's Cyclically Adjusted PS Ratio is ranked better than
77.34% of 684 companies
in the Semiconductors industry
Industry Median: 2.325 vs TSE:6890: 0.96

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 円1,173.989. 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 円2,902.70 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
=2782.00/2902.7
=0.96

* 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)
=1173.989/106.8000*106.8000
=1,173.989

Current CPI (Dec. 2023) = 106.8000.

Ferrotec Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 427.132 95.700 476.674
201406 458.615 98.000 499.797
201409 490.357 98.500 531.676
201412 470.631 97.900 513.416
201503 497.868 97.900 543.129
201506 543.542 98.400 589.942
201509 545.706 98.500 591.689
201512 571.427 98.100 622.104
201603 585.806 97.900 639.061
201606 556.149 98.100 605.471
201609 659.808 98.000 719.056
201612 536.363 98.400 582.150
201703 632.048 98.100 688.101
201706 665.619 98.500 721.707
201709 643.834 98.800 695.966
201712 657.211 99.400 706.138
201803 627.769 99.200 675.864
201806 611.625 99.200 658.483
201809 608.624 99.900 650.661
201812 601.242 99.700 644.059
201903 593.067 99.700 635.301
201906 566.819 99.800 606.576
201909 561.982 100.100 599.597
201912 510.039 100.500 542.012
202003 527.140 100.300 561.302
202006 553.026 99.900 591.223
202009 567.011 99.900 606.174
202012 604.960 99.300 650.652
202103 602.066 99.900 643.650
202106 669.791 99.500 718.931
202109 777.939 100.100 830.009
202112 799.209 100.100 852.703
202203 851.046 101.100 899.028
202206 925.529 101.800 970.987
202209 1,153.751 103.100 1,195.156
202212 1,239.852 104.100 1,272.010
202303 1,174.465 104.400 1,201.464
202306 1,099.329 105.200 1,116.049
202309 999.380 106.200 1,005.026
202312 1,173.989 106.800 1,173.989

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  (TSE:6890) 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 (TSE:6890) 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.

Ferrotec Holdings (TSE:6890) Headlines

No Headlines