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Qualcomm Inc (NAS:QCOM)
Shiller P/E Ratio
17.67 (As of Today)

As of today, Qualcomm Inc's current share price is $48.59. Qualcomm Inc's E10 for the quarter that ended in Sep. 2015 was $2.75. Qualcomm Inc's Shiller P/E Ratio for today is 17.67.

QCOM' s 10-Year Shiller P/E Ratio Range
Min: 17.65   Max: 131.46
Current: 17.68


During the past 13 years, Qualcomm Inc's highest Shiller P/E Ratio was 131.46. The lowest was 17.65. And the median was 38.75.

QCOM's Shiller P/E Ratiois ranked higher than
69% of the 96 Companies
in the Global Communication Equipment industry.

( Industry Median: 28.84 vs. QCOM: 17.68 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Qualcomm Inc's adjusted earnings per share data for the three months ended in Sep. 2015 was $0.675. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.75 for the trailing ten years ended in Sep. 2015.


For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Qualcomm Inc's E10 for the fiscal year that ended in Sep15 is calculated as:

For example, Qualcomm Inc's adjusted earnings per share data for the three months ended in Sep. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)

Current CPI (Sep. 2015) = 237.945.

Qualcomm Inc Quarterly Data

per share eps 0.9000.8651.0901.1401.3101.1131.1700.6300.7300.675
CPI 233.504234.149233.049236.293238.343238.031234.812236.119238.638237.945
Adj_EPS 0.9170.8791.1131.1481.3081.1131.1860.6350.7280.675
per share eps 0.7100.5900.6100.6150.8101.2800.6900.7291.0901.060
CPI 219.179223.467225.722226.889225.672229.392229.478231.407229.601232.773
Adj_EPS 0.7710.6280.6430.6450.8541.3280.7150.7501.1301.084
per share eps 0.4500.5230.200-0.1800.4400.4750.5000.4600.4700.533
CPI 218.815218.783210.228212.709215.693215.969215.949217.631217.965218.439
Adj_EPS 0.4890.5690.226-0.2010.4850.5230.5510.5030.5130.581
per share eps 0.3600.3400.3700.3630.3800.4300.4700.6700.4600.470
CPI 196.800199.800202.900202.900201.800205.352208.352208.490210.036213.528
Adj_EPS 0.4350.4050.4340.4260.4480.4980.5370.7650.5210.524

Add all the adjusted EPS together and divide 10 will get our E10.


Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.

Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.

Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Qualcomm Inc Annual Data

ShillerPE 72.3260.9647.2946.0639.9932.5633.7930.6628.9919.56

Qualcomm Inc Quarterly Data

ShillerPE 28.6630.6632.5933.1531.7228.9928.2226.0823.0419.56
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