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Ultra Clean Holdings (Ultra Clean Holdings) Cyclically Adjusted PS Ratio : 1.20 (As of Apr. 27, 2024)


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What is Ultra Clean Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ultra Clean Holdings's current share price is $41.96. Ultra Clean Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $35.02. Ultra Clean Holdings's Cyclically Adjusted PS Ratio for today is 1.20.

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

UCTT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.85   Max: 2.67
Current: 1.17

During the past years, Ultra Clean Holdings's highest Cyclically Adjusted PS Ratio was 2.67. The lowest was 0.27. And the median was 0.85.

UCTT's Cyclically Adjusted PS Ratio is ranked better than
74.22% of 671 companies
in the Semiconductors industry
Industry Median: 2.25 vs UCTT: 1.17

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.

Ultra Clean Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.016. 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 $35.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultra Clean Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultra Clean 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.

Ultra Clean Holdings Cyclically Adjusted PS Ratio Chart

Ultra Clean Holdings 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 1.08 1.35 2.12 1.03 0.97

Ultra Clean Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 1.00 1.13 0.86 0.97

Competitive Comparison of Ultra Clean Holdings's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Ultra Clean 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.


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

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

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



Ultra Clean 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.96/35.02
=1.20

* 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.

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

For example, Ultra Clean 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)
=10.016/129.4194*129.4194
=10.016

Current CPI (Dec. 2023) = 129.4194.

Ultra Clean Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.821 99.695 6.258
201406 4.440 100.560 5.714
201409 3.971 100.428 5.117
201412 3.999 99.070 5.224
201503 4.047 99.621 5.258
201506 3.699 100.684 4.755
201509 3.819 100.392 4.923
201512 3.214 99.792 4.168
201603 3.474 100.470 4.475
201606 3.959 101.688 5.039
201609 4.416 101.861 5.611
201612 5.143 101.863 6.534
201703 6.041 102.862 7.601
201706 6.701 103.349 8.391
201709 7.061 104.136 8.775
201712 7.205 104.011 8.965
201803 8.398 105.290 10.323
201806 7.385 106.317 8.990
201809 6.013 106.507 7.307
201812 6.538 105.998 7.983
201903 6.602 107.251 7.967
201906 6.736 108.070 8.067
201909 6.358 108.329 7.596
201912 7.196 108.420 8.590
202003 7.885 108.902 9.371
202006 8.451 108.767 10.056
202009 8.839 109.815 10.417
202012 8.863 109.897 10.437
202103 10.038 111.754 11.625
202106 11.630 114.631 13.130
202109 12.196 115.734 13.638
202112 13.228 117.630 14.554
202203 12.371 121.301 13.199
202206 13.467 125.017 13.941
202209 13.925 125.227 14.391
202212 12.394 125.222 12.809
202303 9.672 127.348 9.829
202306 9.430 128.729 9.481
202309 9.710 129.860 9.677
202312 10.016 129.419 10.016

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.


Ultra Clean Holdings  (NAS:UCTT) 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.


Ultra Clean Holdings Cyclically Adjusted PS Ratio Related Terms

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


Ultra Clean Holdings (Ultra Clean Holdings) Business Description

Traded in Other Exchanges
Address
26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe. Its largest end markets by revenue are the United States and the International market.
Executives
Paul Yoonku Cho officer: General Counsel and Secretary C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Jeffrey L. Mckibben officer: Chief Information Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD, CA 94545
Jamie J. Palfrey officer: SVP, Global Human Resources ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Bill Bentinck officer: Pres, Semiconductor Svcs Bus. C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Emily M Liggett director
Sheri Brumm officer: SVP, Finance & CAO C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Vijayan S. Chinnasami officer: Chief Operating Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Brian E Harding officer: Chief Accounting Officer 27700 SW PARKWAY AVE, WILSONVILLE OR 97070
Jacqueline A. Seto director C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
James P Scholhamer director, officer: CEO 9586I-25 FRONTAGE ROAD, LONGMONT CO 80504
Christopher S Cook officer: President, Products Div ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
David T Ibnale director 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
Clarence L Granger director, officer: President, CEO, COO 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
William Joe Williams officer: SVP, Customer Business Mgmt ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060