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Qualcomm (WBO:QCOM) Shiller PE Ratio : 34.67 (As of May. 04, 2024)


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What is Qualcomm Shiller PE Ratio?

As of today (2024-05-04), Qualcomm's current share price is €166.06. Qualcomm's E10 for the quarter that ended in Mar. 2024 was €4.79. Qualcomm's Shiller PE Ratio for today is 34.67.

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

WBO:QCOM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.78   Med: 26.83   Max: 51.68
Current: 34.68

During the past years, Qualcomm's highest Shiller PE Ratio was 51.68. The lowest was 15.78. And the median was 26.83.

WBO:QCOM's Shiller PE Ratio is ranked worse than
58.01% of 512 companies
in the Semiconductors industry
Industry Median: 28.085 vs WBO:QCOM: 34.68

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.

Qualcomm's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.895. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualcomm Shiller PE Ratio Historical Data

The historical data trend for Qualcomm'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.

Qualcomm Shiller PE Ratio Chart

Qualcomm Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 38.55 34.74 23.90 22.05

Qualcomm 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 26.14 23.93 22.05 28.24 32.68

Competitive Comparison of Qualcomm's Shiller PE Ratio

For the Semiconductors subindustry, Qualcomm'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.


Qualcomm's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Qualcomm 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.

Qualcomm's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=166.06/4.79
=34.67

* 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.

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

For example, Qualcomm'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)
=1.895/129.4194*129.4194
=1.895

Current CPI (Mar. 2024) = 129.4194.

Qualcomm Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.964 100.560 1.241
201409 0.869 100.428 1.120
201412 0.949 99.070 1.240
201503 0.582 99.621 0.756
201506 0.650 100.684 0.836
201509 0.597 100.392 0.770
201512 0.909 99.792 1.179
201603 0.700 100.470 0.902
201606 0.863 101.688 1.098
201609 0.953 101.861 1.211
201612 0.436 101.863 0.554
201703 0.467 102.862 0.588
201706 0.516 103.349 0.646
201709 0.092 104.136 0.114
201712 -3.422 104.011 -4.258
201803 0.178 105.290 0.219
201806 0.693 106.317 0.844
201809 -0.300 106.507 -0.365
201812 0.765 105.998 0.934
201903 0.487 107.251 0.588
201906 1.549 108.070 1.855
201909 0.381 108.329 0.455
201912 0.720 108.420 0.859
202003 0.371 108.902 0.441
202006 0.657 108.767 0.782
202009 2.190 109.815 2.581
202012 1.743 109.897 2.053
202103 1.285 111.754 1.488
202106 1.469 114.631 1.659
202109 2.083 115.734 2.329
202112 2.637 117.630 2.901
202203 2.334 121.301 2.490
202206 3.112 125.017 3.222
202209 2.555 125.227 2.641
202212 1.869 125.222 1.932
202303 1.420 127.348 1.443
202306 1.477 128.729 1.485
202309 1.237 129.860 1.233
202312 2.256 129.419 2.256
202403 1.895 129.419 1.895

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.


Qualcomm  (WBO:QCOM) 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.


Qualcomm Shiller PE Ratio Related Terms

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


Qualcomm (WBO:QCOM) Business Description

Address
5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
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.