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CEVA (CEVA) Shiller PE Ratio : 499.50 (As of Apr. 29, 2024)


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What is CEVA Shiller PE Ratio?

As of today (2024-04-29), CEVA's current share price is $19.98. CEVA's E10 for the quarter that ended in Dec. 2023 was $0.04. CEVA's Shiller PE Ratio for today is 499.50.

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

CEVA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 41.06   Med: 77.8   Max: 607.75
Current: 495.3

During the past years, CEVA's highest Shiller PE Ratio was 607.75. The lowest was 41.06. And the median was 77.80.

CEVA's Shiller PE Ratio is ranked worse than
99.2% of 503 companies
in the Semiconductors industry
Industry Median: 28 vs CEVA: 495.30

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.

CEVA's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEVA Shiller PE Ratio Historical Data

The historical data trend for CEVA'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.

CEVA Shiller PE Ratio Chart

CEVA 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 64.33 128.57 151.73 199.47 562.98

CEVA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 199.47 307.24 411.75 451.86 562.98

Competitive Comparison of CEVA's Shiller PE Ratio

For the Semiconductors subindustry, CEVA'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.


CEVA's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



CEVA 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.

CEVA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.98/0.04
=499.50

* 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.

CEVA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, CEVA's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.16/129.4194*129.4194
=0.160

Current CPI (Dec. 2023) = 129.4194.

CEVA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.090 99.695 0.117
201406 -0.070 100.560 -0.090
201409 0.030 100.428 0.039
201412 -0.100 99.070 -0.131
201503 0.020 99.621 0.026
201506 0.010 100.684 0.013
201509 0.160 100.392 0.206
201512 0.110 99.792 0.143
201603 0.090 100.470 0.116
201606 0.130 101.688 0.165
201609 0.150 101.861 0.191
201612 0.240 101.863 0.305
201703 0.190 102.862 0.239
201706 0.170 103.349 0.213
201709 0.260 104.136 0.323
201712 0.140 104.011 0.174
201803 -0.100 105.290 -0.123
201806 -0.090 106.317 -0.110
201809 0.110 106.507 0.134
201812 0.100 105.998 0.122
201903 -0.100 107.251 -0.121
201906 -0.070 108.070 -0.084
201909 0.030 108.329 0.036
201912 0.140 108.420 0.167
202003 -0.050 108.902 -0.059
202006 -0.050 108.767 -0.059
202009 -0.030 109.815 -0.035
202012 0.030 109.897 0.035
202103 -0.160 111.754 -0.185
202106 0.010 114.631 0.011
202109 -0.010 115.734 -0.011
202112 0.170 117.630 0.187
202203 -0.070 121.301 -0.075
202206 -0.050 125.017 -0.052
202209 -0.960 125.227 -0.992
202212 0.080 125.222 0.083
202303 -0.210 127.348 -0.213
202306 -0.250 128.729 -0.251
202309 -0.210 129.860 -0.209
202312 0.160 129.419 0.160

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.


CEVA  (NAS:CEVA) 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.


CEVA Shiller PE Ratio Related Terms

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


CEVA (CEVA) Business Description

Traded in Other Exchanges
Address
15245 Shady Grove Road, Suite 400, Rockville, MD, USA, 20850
CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.
Executives
Amir Panush officer: Chief Executive Officer 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Gweltaz Toquet officer: Chief Commercial Officer C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Louis Silver director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Michael Boukaya officer: Chief Operating Officer 1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Issachar Ohana officer: EVP Worldwide Sales C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Gideon Wertheizer officer: EVP and GM DSP Cores C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Yaniv Arieli officer: Chief Financial Officer C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Zvi Limon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Sven Christer Nilsson director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Maria Marced director C/O CEVA, INC.,1174 CASTRO STREET, SUITE 210, MOUNTAIN VIEW CA 94040
Eliyahu Ayalon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Jaclyn Liu director C/O CEVA, INC., 15245 SHADY GROVE ROAD, SUITE 400, ROCKVILLE MD 20850
Peter Mcmanamon director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bruce Mann director C/O CEVA, INC., 1943 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Bernadette Andrietti director C/O CEVA, INC.,1174 CASTRO STREET, SUITE, MOUNTAIN VIEW CA 94040