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Texas Instruments (BSP:TEXA34) Shiller PE Ratio : 29.02 (As of Apr. 28, 2024)


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What is Texas Instruments Shiller PE Ratio?

As of today (2024-04-28), Texas Instruments's current share price is R$60.94. Texas Instruments's E10 for the quarter that ended in Mar. 2024 was R$2.10. Texas Instruments's Shiller PE Ratio for today is 29.02.

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

BSP:TEXA34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.04   Med: 32.62   Max: 51.28
Current: 28.22

During the past years, Texas Instruments's highest Shiller PE Ratio was 51.28. The lowest was 19.04. And the median was 32.62.

BSP:TEXA34's Shiller PE Ratio is ranked worse than
51.59% of 502 companies
in the Semiconductors industry
Industry Median: 27.825 vs BSP:TEXA34: 28.22

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.

Texas Instruments's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.398. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Instruments Shiller PE Ratio Historical Data

The historical data trend for Texas Instruments'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.

Texas Instruments Shiller PE Ratio Chart

Texas Instruments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.50 44.78 41.56 29.60 27.37

Texas Instruments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.96 30.03 25.82 27.37 27.70

Competitive Comparison of Texas Instruments's Shiller PE Ratio

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Texas Instruments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Texas Instruments's Shiller PE Ratio falls into.



Texas Instruments 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.

Texas Instruments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=60.94/2.1
=29.02

* 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.

Texas Instruments's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Texas Instruments's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.398/129.4194*129.4194
=0.398

Current CPI (Mar. 2024) = 129.4194.

Texas Instruments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.092 100.560 0.118
201409 0.118 100.428 0.152
201412 0.134 99.070 0.175
201503 0.128 99.621 0.166
201506 0.135 100.684 0.174
201509 0.198 100.392 0.255
201512 0.207 99.792 0.268
201603 0.170 100.470 0.219
201606 0.180 101.688 0.229
201609 0.213 101.861 0.271
201612 0.228 101.863 0.290
201703 0.202 102.862 0.254
201706 0.226 103.349 0.283
201709 0.263 104.136 0.327
201712 0.075 104.011 0.093
201803 0.295 105.290 0.363
201806 0.352 106.317 0.428
201809 0.433 106.507 0.526
201812 0.329 105.998 0.402
201903 0.323 107.251 0.390
201906 0.350 108.070 0.419
201909 0.409 108.329 0.489
201912 0.306 108.420 0.365
202003 0.404 108.902 0.480
202006 0.512 108.767 0.609
202009 0.522 109.815 0.615
202012 0.617 109.897 0.727
202103 0.703 111.754 0.814
202106 0.687 114.631 0.776
202109 0.729 115.734 0.815
202112 0.856 117.630 0.942
202203 0.780 121.301 0.832
202206 0.824 125.017 0.853
202209 0.863 125.227 0.892
202212 0.745 125.222 0.770
202303 0.642 127.348 0.652
202306 0.605 128.729 0.608
202309 0.609 129.860 0.607
202312 0.487 129.419 0.487
202403 0.398 129.419 0.398

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.


Texas Instruments  (BSP:TEXA34) 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.


Texas Instruments Shiller PE Ratio Related Terms

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Texas Instruments (BSP:TEXA34) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

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