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Cisco Systems (NAS:CSCO) Shiller PE Ratio

: 21.89 (As of Today)
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As of today (2023-03-30), Cisco Systems's current share price is $51.43. Cisco Systems's E10 for the quarter that ended in Jan. 2023 was $2.35. Cisco Systems's Shiller PE Ratio for today is 21.89.

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

CSCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.76   Med: 20.22   Max: 33.95
Current: 21.89

During the past years, Cisco Systems's highest Shiller PE Ratio was 33.95. The lowest was 13.76. And the median was 20.22.

CSCO's Shiller PE Ratio is ranked better than
53.79% of 1134 companies
in the Hardware industry
Industry Median: 23.36 vs CSCO: 21.89

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.

Cisco Systems's adjusted earnings per share data for the three months ended in Jan. 2023 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.35 for the trailing ten years ended in Jan. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Shiller PE Ratio Historical Data

The historical data trend for Cisco Systems'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.

Cisco Systems Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.36 32.39 25.68 27.05 19.55

Cisco Systems Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 25.78 21.83 19.55 19.34 20.73

Competitive Comparison

For the Communication Equipment subindustry, Cisco Systems'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.

   

Cisco Systems Shiller PE Ratio Distribution

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

* The bar in red indicates where Cisco Systems's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Cisco Systems 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.

Cisco Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=51.43/2.35
=21.89

* 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.

Cisco Systems's E10 for the quarter that ended in Jan. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2023 (Change)*Current CPI (Jan. 2023)
=0.67/126.2230*126.2230
=0.670

Current CPI (Jan. 2023) = 126.2230.

Cisco Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201304 0.460 98.107 0.592
201307 0.420 98.557 0.538
201310 0.370 98.536 0.474
201401 0.270 98.692 0.345
201404 0.420 100.023 0.530
201407 0.430 100.520 0.540
201410 0.350 100.176 0.441
201501 0.460 98.604 0.589
201504 0.470 99.824 0.594
201507 0.450 100.691 0.564
201510 0.480 100.346 0.604
201601 0.620 99.957 0.783
201604 0.460 100.947 0.575
201607 0.560 101.524 0.696
201610 0.460 101.988 0.569
201701 0.470 102.456 0.579
201704 0.500 103.167 0.612
201707 0.480 103.278 0.587
201710 0.480 104.070 0.582
201801 -1.780 104.578 -2.148
201804 0.560 105.708 0.669
201807 0.810 106.324 0.962
201810 0.770 106.695 0.911
201901 0.630 106.200 0.749
201904 0.690 107.818 0.808
201907 0.510 108.250 0.595
201910 0.680 108.577 0.791
202001 0.680 108.841 0.789
202004 0.650 108.173 0.758
202007 0.620 109.318 0.716
202010 0.510 109.861 0.586
202101 0.600 110.364 0.686
202104 0.680 112.673 0.762
202107 0.710 115.183 0.778
202110 0.700 116.696 0.757
202201 0.710 118.619 0.756
202204 0.730 121.978 0.755
202207 0.680 125.002 0.687
202210 0.650 125.734 0.653
202301 0.670 126.223 0.670

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.


Cisco Systems  (NAS:CSCO) 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.


Cisco Systems Shiller PE Ratio Related Terms

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


Cisco Systems (NAS:CSCO) Business Description

Cisco Systems logo
Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.
Executives
Sarah Rae Murphy director C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Jeffery S. Sharritts officer: EVP & Chief Cust & Prtnr Offcr 1200 ABERNATHY RD., NE, STE 1200, ATLANTA GA 30328
Deborah L Stahlkopf officer: EVP and Chief Legal Officer C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Marianna Tessel director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Richard Scott Herren officer: EVP and CFO 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Wesley G Bush director 333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Lisa T Su director C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Carol B Tome director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Geraldine Elliott officer: EVP, Chief Sales & Mktg Offcr 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Maria Martinez officer: EVP, Chief Customer Exp Offcr THE LANDMARK @ 1 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94105
Mark Garrett director 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Irving Tan officer: SVP, Operations and Digital 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
David Goeckeler officer: EVP, Networking and Security C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Brent L Saunders director 2000 GALLOPING HILL ROAD, C/O SCHERING PLOUGH CORP, KENILWORTH NJ 07033

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