GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirrus Logic Inc (STU:CRU) » Definitions » Shiller PE Ratio

Cirrus Logic (STU:CRU) Shiller PE Ratio : 25.72 (As of Apr. 25, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Cirrus Logic Shiller PE Ratio?

As of today (2024-04-25), Cirrus Logic's current share price is €80.00. Cirrus Logic's E10 for the quarter that ended in Dec. 2023 was €3.11. Cirrus Logic's Shiller PE Ratio for today is 25.72.

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

STU:CRU' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.79   Med: 26.55   Max: 43.17
Current: 25.13

During the past years, Cirrus Logic's highest Shiller PE Ratio was 43.17. The lowest was 15.79. And the median was 26.55.

STU:CRU's Shiller PE Ratio is ranked better than
54.29% of 501 companies
in the Semiconductors industry
Industry Median: 27.85 vs STU:CRU: 25.13

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.

Cirrus Logic's adjusted earnings per share data for the three months ended in Dec. 2023 was €2.292. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cirrus Logic Shiller PE Ratio Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Shiller PE Ratio Chart

Cirrus Logic Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.17 29.02 36.03 28.66 34.62

Cirrus Logic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.90 34.62 25.46 22.56 24.23

Competitive Comparison of Cirrus Logic's Shiller PE Ratio

For the Semiconductors subindustry, Cirrus Logic'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.


Cirrus Logic's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Cirrus Logic 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.

Cirrus Logic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=80.00/3.11
=25.72

* 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.

Cirrus Logic's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cirrus Logic's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.292/129.4194*129.4194
=2.292

Current CPI (Dec. 2023) = 129.4194.

Cirrus Logic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.145 99.695 0.188
201406 0.118 100.560 0.152
201409 0.008 100.428 0.010
201412 0.284 99.070 0.371
201503 0.296 99.621 0.385
201506 0.445 100.684 0.572
201509 0.472 100.392 0.608
201512 0.578 99.792 0.750
201603 0.189 100.470 0.243
201606 0.240 101.688 0.305
201609 1.158 101.861 1.471
201612 1.735 101.863 2.204
201703 0.486 102.862 0.611
201706 0.570 103.349 0.714
201709 0.923 104.136 1.147
201712 0.439 104.011 0.546
201803 0.154 105.290 0.189
201806 -0.060 106.317 -0.073
201809 0.797 106.507 0.968
201812 0.431 105.998 0.526
201903 0.089 107.251 0.107
201906 0.071 108.070 0.085
201909 1.153 108.329 1.377
201912 1.017 108.420 1.214
202003 0.154 108.902 0.183
202006 0.266 108.767 0.317
202009 0.841 109.815 0.991
202012 1.570 109.897 1.849
202103 0.353 111.754 0.409
202106 0.241 114.631 0.272
202109 1.216 115.734 1.360
202112 1.912 117.630 2.104
202203 1.489 121.301 1.589
202206 0.653 125.017 0.676
202209 1.535 125.227 1.586
202212 1.728 125.222 1.786
202303 -0.906 127.348 -0.921
202306 0.258 128.729 0.259
202309 1.256 129.860 1.252
202312 2.292 129.419 2.292

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.


Cirrus Logic  (STU:CRU) 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.


Cirrus Logic Shiller PE Ratio Related Terms

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


Cirrus Logic (STU:CRU) Business Description

Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.