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QLogic (QLogic) Shiller PE Ratio : 18.69 (As of May. 12, 2024)


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What is QLogic Shiller PE Ratio?

As of today (2024-05-12), QLogic's current share price is $16.07. QLogic's E10 for the quarter that ended in Jun. 2016 was $0.86. QLogic's Shiller PE Ratio for today is 18.69.

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

QLGC's Shiller PE Ratio is not ranked *
in the Hardware industry.
Industry Median: 24.16
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

QLogic's adjusted earnings per share data for the three months ended in Jun. 2016 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.86 for the trailing ten years ended in Jun. 2016.

Shiller PE for Stocks: The True Measure of Stock Valuation


QLogic Shiller PE Ratio Historical Data

The historical data trend for QLogic'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.

QLogic Shiller PE Ratio Chart

QLogic Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.12 10.34 12.30 14.90 15.83

QLogic Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 14.57 10.81 14.45 15.83 17.06

Competitive Comparison of QLogic's Shiller PE Ratio

For the Computer Hardware subindustry, QLogic'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.


QLogic's Shiller PE Ratio Distribution in the Hardware Industry

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

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



QLogic 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.

QLogic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.07/0.86
=18.69

* 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.

QLogic's E10 for the quarter that ended in Jun. 2016 is calculated as:

For example, QLogic's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=0.22/101.6881*101.6881
=0.220

Current CPI (Jun. 2016) = 101.6881.

QLogic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200609 0.190 85.606 0.226
200612 0.220 85.142 0.263
200703 0.110 86.640 0.129
200706 0.120 87.906 0.139
200709 0.160 87.964 0.185
200712 0.230 88.616 0.264
200803 0.170 90.090 0.192
200806 0.240 92.320 0.264
200809 0.200 92.307 0.220
200812 0.240 88.697 0.275
200903 0.160 89.744 0.181
200906 0.130 91.003 0.145
200909 0.140 91.120 0.156
200912 0.250 91.111 0.279
201003 -0.040 91.821 -0.044
201006 0.220 91.962 0.243
201009 0.280 92.162 0.309
201012 0.470 92.474 0.517
201103 0.310 94.283 0.334
201106 0.310 95.235 0.331
201109 0.280 95.727 0.297
201112 0.300 95.213 0.320
201203 1.350 96.783 1.418
201206 0.190 96.819 0.200
201209 0.130 97.633 0.135
201212 0.140 96.871 0.147
201303 0.320 98.209 0.331
201306 -0.030 98.518 -0.031
201309 0.130 98.790 0.134
201312 0.240 98.326 0.248
201403 -0.530 99.695 -0.541
201406 0.070 100.560 0.071
201409 0.120 100.428 0.122
201412 0.250 99.070 0.257
201503 0.120 99.621 0.122
201506 0.030 100.684 0.030
201509 0.030 100.392 0.030
201512 0.280 99.792 0.285
201603 0.220 100.470 0.223
201606 0.220 101.688 0.220

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.


QLogic  (NAS:QLGC) 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.


QLogic Shiller PE Ratio Related Terms

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


QLogic (QLogic) Business Description

Traded in Other Exchanges
N/A
Address
QLogic provides high-performance server and storage networking connectivity products to original-equipment manufacturers of server and storage systems. Its products are used in enterprise, managed service provider, and cloud-service provider data centers. They facilitate the transfer of data and enable resource sharing between servers, networks, and storage. Roughly half of the firm's revenue is generated in Asia-Pacific and Japan, with the rest coming from the United States, Europe, the Middle East, and Africa.
Executives
Christine King director, officer: Executive Chairman AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Anthony Carrozza officer: Senior VP - WW Sales
William M Zeitler director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
John T Dickson director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Balakrishnan S Iyer director 5221 CALIFORNIA AVE., IRVINE CA 92617
Jean X. Hu officer: Acting CEO, Senior VP and CFO 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kathryn B Lewis director 15353 BARRANCA PARKWAY, IRVINE CA 92618
Hk Desai director, officer: Executive Chairman 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Robert Crawford officer: Senior VP - WW Sales 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Perry Mulligan officer: Senior VP - WW Operations EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Simon Biddiscombe director, officer: President and CEO C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
James R Fiebiger director C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Scott Genereux officer: Senior VP - WW Sales 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Larry R Carter director 170 W. TASMAN DRIVE, SAN JOSE CA 95134
Jeff Benck officer: President and COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281

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