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Broadcom (LIM:AVGO) Shiller PE Ratio : (As of May. 22, 2024)


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What is Broadcom Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadcom Shiller PE Ratio Historical Data

The historical data trend for Broadcom'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.

Broadcom Shiller PE Ratio Chart

Broadcom Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.74 61.88 73.23 45.94 61.82

Broadcom Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 52.76 52.21 70.25 61.82 85.15

Competitive Comparison of Broadcom's Shiller PE Ratio

For the Semiconductors subindustry, Broadcom'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.


Broadcom's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Broadcom 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.

Broadcom's E10 for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.84/130.1244*130.1244
=2.840

Current CPI (Jan. 2024) = 130.1244.

Broadcom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.610 100.023 0.794
201407 -0.650 100.520 -0.841
201410 0.500 100.176 0.649
201501 1.260 98.604 1.663
201504 1.210 99.824 1.577
201507 0.840 100.691 1.086
201510 1.490 100.346 1.932
201601 1.300 99.957 1.692
201604 -3.020 100.947 -3.893
201607 -0.750 101.524 -0.961
201610 -1.590 101.988 -2.029
201701 0.570 102.456 0.724
201704 1.050 103.167 1.324
201707 1.140 103.278 1.436
201710 1.500 104.070 1.876
201801 14.620 104.578 18.191
201804 8.330 105.708 10.254
201807 2.710 106.324 3.317
201810 2.640 106.695 3.220
201901 1.120 106.200 1.372
201904 1.640 107.818 1.979
201907 1.710 108.250 2.056
201910 1.970 108.577 2.361
202001 0.738 108.841 0.882
202004 1.167 108.173 1.404
202007 1.446 109.318 1.721
202010 2.923 109.861 3.462
202101 3.042 110.364 3.587
202104 3.292 112.673 3.802
202107 4.190 115.183 4.734
202110 4.439 116.696 4.950
202201 5.590 118.619 6.132
202204 5.930 121.978 6.326
202207 7.150 125.002 7.443
202210 7.810 125.734 8.083
202301 8.800 126.223 9.072
202304 8.150 127.992 8.286
202307 7.740 128.974 7.809
202310 8.250 129.810 8.270
202401 2.840 130.124 2.840

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.


Broadcom  (LIM:AVGO) 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.


Broadcom Shiller PE Ratio Related Terms

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Broadcom (LIM:AVGO) Business Description

Comparable Companies
Address
3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

Broadcom (LIM:AVGO) Headlines

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