GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Texas Instruments Inc (LTS:0R2H) » Definitions » Shiller PE Ratio

Texas Instruments (LTS:0R2H) Shiller PE Ratio : (As of Apr. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Texas Instruments Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

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 -

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 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)
=1.2/129.4194*129.4194
=1.200

Current CPI (Mar. 2024) = 129.4194.

Texas Instruments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.620 100.560 0.798
201409 0.760 100.428 0.979
201412 0.760 99.070 0.993
201503 0.610 99.621 0.792
201506 0.650 100.684 0.836
201509 0.760 100.392 0.980
201512 0.800 99.792 1.038
201603 0.690 100.470 0.889
201606 0.790 101.688 1.005
201609 0.980 101.861 1.245
201612 1.020 101.863 1.296
201703 0.970 102.862 1.220
201706 1.030 103.349 1.290
201709 1.260 104.136 1.566
201712 0.340 104.011 0.423
201803 1.350 105.290 1.659
201806 1.400 106.317 1.704
201809 1.580 106.507 1.920
201812 1.270 105.998 1.551
201903 1.260 107.251 1.520
201906 1.360 108.070 1.629
201909 1.490 108.329 1.780
201912 1.120 108.420 1.337
202003 1.240 108.902 1.474
202006 1.480 108.767 1.761
202009 1.450 109.815 1.709
202012 1.800 109.897 2.120
202103 1.870 111.754 2.166
202106 2.050 114.631 2.314
202109 2.070 115.734 2.315
202112 2.270 117.630 2.498
202203 2.350 121.301 2.507
202206 2.450 125.017 2.536
202209 2.470 125.227 2.553
202212 2.130 125.222 2.201
202303 1.850 127.348 1.880
202306 1.870 128.729 1.880
202309 1.850 129.860 1.844
202312 1.490 129.419 1.490
202403 1.200 129.419 1.200

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  (LTS:0R2H) 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

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


Texas Instruments (LTS:0R2H) 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.

Texas Instruments (LTS:0R2H) Headlines

No Headlines