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Texas Instruments (BUE:TXN) Shiller PE Ratio : 29.85 (As of May. 11, 2024)


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What is Texas Instruments Shiller PE Ratio?

As of today (2024-05-11), Texas Instruments's current share price is ARS40390.50. Texas Instruments's E10 for the quarter that ended in Mar. 2024 was ARS1,353.10. Texas Instruments's Shiller PE Ratio for today is 29.85.

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

BUE:TXN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.04   Med: 32.62   Max: 51.28
Current: 29.46

During the past years, Texas Instruments's highest Shiller PE Ratio was 51.28. The lowest was 19.04. And the median was 32.62.

BUE:TXN's Shiller PE Ratio is ranked worse than
52.24% of 513 companies
in the Semiconductors industry
Industry Median: 28.28 vs BUE:TXN: 29.46

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.

Texas Instruments's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS5,055.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,353.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Instruments Shiller PE Ratio Historical Data

The historical data trend for Texas Instruments'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.

Texas Instruments Shiller PE Ratio Chart

Texas Instruments 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 38.50 44.78 41.56 29.60 27.37

Texas Instruments 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 31.96 30.03 25.82 27.37 27.70

Competitive Comparison of Texas Instruments's Shiller PE Ratio

For the Semiconductors subindustry, Texas Instruments'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.


Texas Instruments's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Texas Instruments 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.

Texas Instruments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40390.50/1353.1
=29.85

* 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.

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

For example, Texas Instruments'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)
=5055/129.4194*129.4194
=5,055.000

Current CPI (Mar. 2024) = 129.4194.

Texas Instruments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 25.187 100.560 32.415
201409 31.992 100.428 41.227
201412 32.494 99.070 42.448
201503 26.900 99.621 34.946
201506 29.531 100.684 37.959
201509 35.729 100.392 46.060
201512 51.772 99.792 67.142
201603 50.384 100.470 64.901
201606 55.220 101.688 70.279
201609 73.092 101.861 92.867
201612 80.848 101.863 102.720
201703 74.772 102.862 94.077
201706 84.913 103.349 106.333
201709 110.398 104.136 137.202
201712 32.461 104.011 40.391
201803 136.006 105.290 167.175
201806 174.580 106.317 212.516
201809 290.712 106.507 353.253
201812 239.427 105.998 292.331
201903 246.267 107.251 297.171
201906 303.817 108.070 363.838
201909 416.649 108.329 497.764
201912 334.732 108.420 399.564
202003 384.830 108.902 457.335
202006 506.604 108.767 602.795
202009 538.240 109.815 634.328
202012 732.420 109.897 862.531
202103 842.248 111.754 975.382
202106 970.983 114.631 1,096.244
202109 1,012.023 115.734 1,131.691
202112 1,146.236 117.630 1,261.122
202203 1,261.622 121.301 1,346.059
202206 1,474.043 125.017 1,525.953
202209 1,716.032 125.227 1,773.489
202212 1,785.472 125.222 1,845.323
202303 1,827.338 127.348 1,857.064
202306 2,244.000 128.729 2,256.040
202309 3,237.038 129.860 3,226.068
202312 2,689.450 129.419 2,689.450
202403 5,055.000 129.419 5,055.000

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.


Texas Instruments  (BUE:TXN) 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.


Texas Instruments Shiller PE Ratio Related Terms

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Texas Instruments (BUE:TXN) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.