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ASML (ASML Holding NV) Cyclically Adjusted PS Ratio : 16.09 (As of Jul. 05, 2025)


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What is ASML Holding NV Cyclically Adjusted PS Ratio?

As of today (2025-07-05), ASML Holding NV's current share price is $794.50. ASML Holding NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $49.38. ASML Holding NV's Cyclically Adjusted PS Ratio for today is 16.09.

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

ASML' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.92   Med: 14.76   Max: 34.15
Current: 14.6

During the past years, ASML Holding NV's highest Cyclically Adjusted PS Ratio was 34.15. The lowest was 5.92. And the median was 14.76.

ASML's Cyclically Adjusted PS Ratio is ranked worse than
92.12% of 685 companies
in the Semiconductors industry
Industry Median: 1.89 vs ASML: 14.60

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. 2025 was $21.323. 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 $49.38 for the trailing ten years ended in Mar. 2025.

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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.57 29.37 16.60 18.84 15.73

ASML Holding NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23.65 24.59 18.08 15.73 13.42

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.


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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
=794.50/49.38
=16.09

* 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. 2025 is calculated as:

For example, ASML Holding NV's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=21.323/133.3300*133.3300
=21.323

Current CPI (Mar. 2025) = 133.3300.

ASML Holding NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.280 100.230 5.693
201509 4.022 100.500 5.336
201512 3.639 99.730 4.865
201603 3.460 100.310 4.599
201606 4.583 100.260 6.095
201609 4.783 100.570 6.341
201612 4.688 100.710 6.206
201703 4.809 101.440 6.321
201706 5.461 101.370 7.183
201709 6.752 102.030 8.823
201712 6.797 101.970 8.887
201803 6.569 102.470 8.547
201806 7.487 103.100 9.682
201809 7.606 103.950 9.756
201812 8.440 103.970 10.823
201903 5.962 105.370 7.544
201906 6.879 105.840 8.666
201909 7.800 106.700 9.747
201912 10.650 106.800 13.296
202003 6.426 106.850 8.019
202006 8.938 107.510 11.085
202009 11.121 107.880 13.745
202012 12.369 107.850 15.291
202103 12.494 108.870 15.301
202106 11.756 109.670 14.292
202109 15.091 110.790 18.161
202112 13.910 114.010 16.267
202203 9.695 119.460 10.821
202206 14.402 119.050 16.130
202209 14.425 126.890 15.157
202212 17.363 124.940 18.529
202303 18.295 124.720 19.558
202306 18.980 125.830 20.111
202309 18.089 127.160 18.967
202312 20.010 126.450 21.099
202403 14.605 128.580 15.145
202406 17.077 129.910 17.527
202409 21.056 131.610 21.331
202412 24.642 131.630 24.960
202503 21.323 133.330 21.323

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  (NAS:ASML) 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 Business Description

Industry
Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in manufacturing 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.