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Cisco Systems (HKSE:04333) Shiller PE Ratio : 18.27 (As of May. 26, 2024)


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What is Cisco Systems Shiller PE Ratio?

As of today (2024-05-26), Cisco Systems's current share price is HK$250.00. Cisco Systems's E10 for the quarter that ended in Apr. 2024 was HK$13.68. Cisco Systems's Shiller PE Ratio for today is 18.27.

The historical rank and industry rank for Cisco Systems's Shiller PE Ratio or its related term are showing as below:

HKSE:04333' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.26   Med: 20.68   Max: 35.03
Current: 18.03

During the past years, Cisco Systems's highest Shiller PE Ratio was 35.03. The lowest was 15.26. And the median was 20.68.

HKSE:04333's Shiller PE Ratio is ranked better than
64.55% of 1385 companies
in the Hardware industry
Industry Median: 24.4 vs HKSE:04333: 18.03

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.

Cisco Systems's adjusted earnings per share data for the three months ended in Apr. 2024 was HK$3.602. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$13.68 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Shiller PE Ratio Historical Data

The historical data trend for Cisco Systems's Shiller PE 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.

Cisco Systems Shiller PE Ratio Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 25.68 27.05 19.55 21.16

Cisco Systems Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Shiller PE 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 19.70 21.16 20.72 19.67 18.25

Competitive Comparison of Cisco Systems's Shiller PE Ratio

For the Communication Equipment subindustry, Cisco Systems's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Cisco Systems's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cisco Systems's Shiller PE Ratio falls into.



Cisco Systems Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Cisco Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=250.00/13.68
=18.27

* 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.

Cisco Systems's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, Cisco Systems's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=3.602/131.7762*131.7762
=3.602

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 3.333 100.520 4.369
201410 2.715 100.176 3.571
201501 3.566 98.604 4.766
201504 3.643 99.824 4.809
201507 3.488 100.691 4.565
201510 3.720 100.346 4.885
201601 4.824 99.957 6.360
201604 3.568 100.947 4.658
201607 4.344 101.524 5.638
201610 3.568 101.988 4.610
201701 3.645 102.456 4.688
201704 3.887 103.167 4.965
201707 3.748 103.278 4.782
201710 3.747 104.070 4.745
201801 -13.918 104.578 -17.538
201804 4.395 105.708 5.479
201807 6.357 106.324 7.879
201810 6.035 106.695 7.454
201901 4.940 106.200 6.130
201904 5.413 107.818 6.616
201907 3.985 108.250 4.851
201910 5.333 108.577 6.472
202001 5.285 108.841 6.399
202004 5.038 108.173 6.137
202007 4.806 109.318 5.793
202010 3.953 109.861 4.742
202101 4.652 110.364 5.555
202104 5.283 112.673 6.179
202107 5.517 115.183 6.312
202110 5.446 116.696 6.150
202201 5.532 118.619 6.146
202204 5.724 121.978 6.184
202207 5.337 125.002 5.626
202210 5.102 125.734 5.347
202301 5.240 126.223 5.471
202304 6.123 127.992 6.304
202307 7.581 128.974 7.746
202310 6.964 129.810 7.069
202401 5.081 130.124 5.145
202404 3.602 131.776 3.602

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Cisco Systems  (HKSE:04333) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Cisco Systems Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Cisco Systems's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cisco Systems (HKSE:04333) Business Description

Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

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