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Qualcomm (BUE:QCOM) Cyclically Adjusted Revenue per Share : ARS2,599.94 (As of Mar. 2024)


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What is Qualcomm Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Qualcomm's adjusted revenue per share for the three months ended in Mar. 2024 was ARS77,002.469. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS2,599.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Qualcomm's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Qualcomm was 18.90% per year. The lowest was -12.30% per year. And the median was 10.10% per year.

As of today (2024-06-01), Qualcomm's current stock price is ARS23584.50. Qualcomm's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS2,599.94. Qualcomm's Cyclically Adjusted PS Ratio of today is 9.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Qualcomm was 10.26. The lowest was 3.69. And the median was 5.79.


Qualcomm Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Qualcomm's Cyclically Adjusted Revenue per Share 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.

Qualcomm Cyclically Adjusted Revenue per Share Chart

Qualcomm Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.41 216.80 332.59 658.02 1,900.35

Qualcomm Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 896.40 1,162.17 1,900.35 2,275.74 2,599.94

Competitive Comparison of Qualcomm's Cyclically Adjusted Revenue per Share

For the Semiconductors subindustry, Qualcomm'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.


Qualcomm's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Qualcomm Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Qualcomm'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)
=77002.469/131.7762*131.7762
=77,002.469

Current CPI (Mar. 2024) = 131.7762.

Qualcomm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 354.893 100.560 465.062
201409 364.125 100.428 477.786
201412 396.049 99.070 526.799
201503 401.221 99.621 530.725
201506 357.837 100.684 468.341
201509 358.734 100.392 470.883
201512 541.994 99.792 715.705
201603 595.283 100.470 780.769
201606 625.456 101.688 810.520
201609 680.094 101.861 879.828
201612 699.727 101.863 905.212
201703 571.287 102.862 731.873
201706 653.341 103.349 833.048
201709 761.052 104.136 963.057
201712 858.239 104.011 1,087.340
201803 774.402 105.290 969.211
201806 1,028.912 106.317 1,275.303
201809 1,652.917 106.507 2,045.084
201812 1,642.061 105.998 2,041.404
201903 1,760.244 107.251 2,162.771
201906 3,846.716 108.070 4,690.552
201909 2,451.581 108.329 2,982.201
201912 2,880.211 108.420 3,500.672
202003 3,094.093 108.902 3,744.006
202006 3,235.065 108.767 3,919.419
202009 5,947.352 109.815 7,136.731
202012 6,376.990 109.897 7,646.588
202103 6,831.156 111.754 8,055.019
202106 7,335.157 114.631 8,432.237
202109 8,785.322 115.734 10,003.053
202112 10,413.396 117.630 11,665.762
202203 11,566.460 121.301 12,565.306
202206 12,764.731 125.017 13,454.894
202209 15,399.397 125.227 16,204.829
202212 15,429.904 125.222 16,237.541
202303 17,947.481 127.348 18,571.588
202306 19,849.288 128.729 20,319.196
202309 29,506.648 129.860 29,942.160
202312 35,005.954 129.419 35,643.432
202403 77,002.469 131.776 77,002.469

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Qualcomm  (BUE:QCOM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Qualcomm's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23584.50/2599.94
=9.07

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Qualcomm was 10.26. The lowest was 3.69. And the median was 5.79.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Qualcomm Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Qualcomm's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualcomm (BUE:QCOM) Business Description

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Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.