Broadcom (BUE:AVGO) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Broadcom Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio 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


Broadcom  (BUE:AVGO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Broadcom Cyclically Adjusted PB Ratio Related Terms


Broadcom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Broadcom's Cyclically Adjusted PB 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.

Broadcom Cyclically Adjusted PB Ratio Chart

Broadcom Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.67 9.50 15.23 24.31 43.26

Broadcom Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB 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 24.86 36.12 43.26 37.16 44.34

BUE:AVGO vs MU, AMD, INTC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Broadcom's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Broadcom Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Broadcom's Cyclically Adjusted PB Ratio falls into.



Broadcom Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Broadcom's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Broadcom's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=25636.349/333.0200*333.0200
=25,636.349

Current CPI (Apr. 2026) = 333.0200.

Broadcom Quarterly Data

Book Value per Share CPI Adj_Book
201607 73.814 240.628 102.156
201610 72.787 241.729 100.276
201701 75.789 242.839 103.934
201704 73.683 244.524 100.350
201707 86.498 244.786 117.677
201710 87.794 246.663 118.531
201801 123.992 247.867 166.589
201804 147.898 250.546 196.583
201807 191.965 252.006 253.677
201810 269.700 252.885 355.163
201901 220.616 251.712 291.879
201904 240.502 255.548 313.413
201907 229.674 256.571 298.109
201910 360.886 257.346 467.007
202001 365.581 257.971 471.936
202004 383.906 256.389 498.650
202007 411.140 259.101 528.434
202010 447.212 260.388 571.956
202101 494.032 261.582 628.952
202104 535.988 267.054 668.384
202107 565.728 273.003 690.098
202110 596.973 276.589 718.770
202201 575.208 281.148 681.334
202204 573.746 289.109 660.889
202207 646.383 296.276 726.547
202210 800.302 298.012 894.315
202301 988.572 299.170 1,100.425
202304 940.075 303.363 1,031.977
202307 1,372.320 305.691 1,495.006
202310 2,027.971 307.671 2,195.055
202401 12,272.376 308.417 13,251.366
202404 12,901.259 313.548 13,702.455
202407 12,832.233 314.540 13,586.158
202410 14,009.318 315.664 14,779.586
202501 15,602.932 317.671 16,356.823
202504 17,237.460 320.795 17,894.353
202507 20,484.148 323.048 21,116.462
202510 24,682.438 0.000
202601 24,354.067 325.252 24,935.716
202604 25,636.349 333.020 25,636.349

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Broadcom Business Description

Address 3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as VMware, Brocade, CA Technologies, and Symantec in software.