Broadcom (XTER:1YD) Cyclically Adjusted PB Ratio: 35.66 (As of Sep. 04, 2026) — 181% Above Median

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XTER:1YD Broadcom Inc XTER:1YD
96 GF Score
Price €300.65
GF Value €330.08
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Broadcom Cyclically Adjusted PB Ratio?

Broadcom XTER:1YD -5.97% 96 Cyclically Adjusted PB Ratio is 35.66 as of Sep. 04, 2026, which is 181% above its 10-year median of 12.68. GuruFocus rates XTER:1YD with a GF Score™ of 96/100 and a GF Value™ of €330.08 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 725 Semiconductors companies, Broadcom ranks worse than 97.93% on this metric.

As of today (2026-09-04), Broadcom's current share price is €300.65. Broadcom's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was €8.43. Broadcom's Cyclically Adjusted PB Ratio for today is 35.66.

The historical rank and industry rank for Broadcom's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:1YD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.32   Med: 12.68   Max: 47.43
Current: 36.47

During the past years, Broadcom's highest Cyclically Adjusted PB Ratio was 47.43. The lowest was 6.32. And the median was 12.68.

XTER:1YD's Cyclically Adjusted PB Ratio is ranked worse than
97.93% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs XTER:1YD: 36.47

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Broadcom's adjusted book value per share data for the three months ended in Jul. 2026 was €18.335. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €8.43 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadcom  (XTER:1YD) 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
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 36.12 43.26 37.16 44.34 39.75

XTER:1YD 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.


XTER:1YD
96GF Score
Broadcom Inc XTER:1YD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=300.65/8.43
=35.66

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

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=18.335/333.9180*333.9180
=18.335

Current CPI (Jul. 2026) = 333.9180.

Broadcom Quarterly Data

Book Value per Share CPI Adj_Book
201610 4.307 241.729 5.950
201701 4.469 242.839 6.145
201704 4.464 244.524 6.096
201707 4.213 244.786 5.747
201710 4.223 246.663 5.717
201801 5.180 247.867 6.978
201804 5.994 250.546 7.989
201807 5.690 252.006 7.539
201810 5.684 252.885 7.505
201901 5.137 251.712 6.815
201904 4.946 255.548 6.463
201907 4.824 256.571 6.278
201910 5.665 257.346 7.351
202001 5.503 257.971 7.123
202004 5.479 256.389 7.136
202007 5.073 259.101 6.538
202010 4.986 260.388 6.394
202101 4.824 261.582 6.158
202104 4.881 267.054 6.103
202107 4.998 273.003 6.113
202110 5.210 276.589 6.290
202201 4.952 281.148 5.881
202204 4.781 289.109 5.522
202207 5.067 296.276 5.711
202210 5.514 298.012 6.178
202301 5.187 299.170 5.789
202304 4.848 303.363 5.336
202307 4.833 305.691 5.279
202310 5.487 307.671 5.955
202401 13.935 308.417 15.087
202404 14.022 313.548 14.933
202407 12.959 314.540 13.757
202410 13.258 315.664 14.025
202501 14.338 317.671 15.071
202504 13.169 320.795 13.708
202507 13.299 323.048 13.746
202510 14.729 0.000
202601 14.352 325.252 14.734
202604 15.758 333.020 15.800
202607 18.335 333.918 18.335

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.

What does a Cyclically Adjusted PB Ratio of 35.66 mean?
Broadcom (XTER:1YD) has a Cyclically Adjusted PB Ratio of 35.66 as of Sep. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Broadcom and its competitors. This is 181% above median its historical median of 12.68. Over the past decade, Broadcom's Cyclically Adjusted PB Ratio has ranged from 6.32 to 47.43. According to the industry distribution chart, Broadcom ranks #710 out of 725 companies in the Semiconductors industry, placing it in the top 97.9%.
Is Broadcom's Cyclically Adjusted PB Ratio too high?
Broadcom's current Cyclically Adjusted PB Ratio of 35.66 is 181% above median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 47.43. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Broadcom's value of 35.66 is 1021.4% above this industry median. Based on the distribution chart, Broadcom ranks #710 out of 725 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Broadcom has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Broadcom's Cyclically Adjusted PB Ratio compare to MU and AMD?
According to the Semiconductors industry distribution chart, Broadcom ranks #710 out of 725 companies for Cyclically Adjusted PB Ratio. This places Broadcom in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Broadcom's value of 35.66 is 1021.4% above this benchmark. Historically, Broadcom's own Cyclically Adjusted PB Ratio has ranged from 6.32 to 47.43 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 3.18, Broadcom has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 725 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Broadcom's current Cyclically Adjusted PB Ratio of 35.66 is 1021.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Broadcom and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadcom's current Cyclically Adjusted PB Ratio is 35.66, which is 181% above median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadcom stock overvalued right now?
Based on GuruFocus' analysis, Broadcom (XTER:1YD) is currently considered Modestly Undervalued. The stock's GF Value™ is €330.08, compared to a current price of €300.65 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 35.66, which is 181% above median its 10-year median of 12.68 and 1021.4% above the Semiconductors industry median of 3.18. Broadcom's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Broadcom (XTER:1YD), the current Cyclically Adjusted PB Ratio is 35.66 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Broadcom (XTER:1YD) Overvalued in 2026?

Based on GuruFocus' analysis, Broadcom stock appears to be undervalued. The current stock price of €300.65 is trading 8.9% below its estimated GF Value™ of €330.08. GuruFocus considers Broadcom to be Modestly Undervalued.

Key valuation signals for XTER:1YD:

  • Cyclically Adjusted PB Ratio: 35.66 (181% above median its 10-year median of 12.68)
  • GF Value™: €330.08 vs. price of €300.65 (8.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 1021.4% above the Semiconductors median (#710 of 725)

No single metric tells the full story. See the XTER:1YD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
96GF Score

Get the complete analysis for XTER:1YD

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€300.65
Price
€330.08
GF Value