GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qualcomm Inc (XTER:QCI) » Definitions » Cyclically Adjusted PB Ratio

Qualcomm (XTER:QCI) Cyclically Adjusted PB Ratio : 10.50 (As of May. 04, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Qualcomm Cyclically Adjusted PB Ratio?

As of today (2024-05-04), Qualcomm's current share price is €166.08. Qualcomm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.82. Qualcomm's Cyclically Adjusted PB Ratio for today is 10.50.

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

XTER:QCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.62   Med: 4.92   Max: 10.73
Current: 10.47

During the past years, Qualcomm's highest Cyclically Adjusted PB Ratio was 10.73. The lowest was 2.62. And the median was 4.92.

XTER:QCI's Cyclically Adjusted PB Ratio is ranked worse than
90.99% of 677 companies
in the Semiconductors industry
Industry Median: 2.5 vs XTER:QCI: 10.47

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.

Qualcomm's adjusted book value per share data for the three months ended in Mar. 2024 was €20.135. 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 €15.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualcomm Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Qualcomm'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.

* Premium members only.

Qualcomm Cyclically Adjusted PB Ratio Chart

Qualcomm Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 6.64 7.34 6.30 6.30

Qualcomm Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.19 6.73 6.30 8.34 9.87

Competitive Comparison of Qualcomm's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Qualcomm'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.


Qualcomm's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Qualcomm 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.

Qualcomm's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.08/15.82
=10.50

* 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.

Qualcomm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Qualcomm's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.135/129.4194*129.4194
=20.135

Current CPI (Mar. 2024) = 129.4194.

Qualcomm Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.014 100.560 21.897
201409 18.212 100.428 23.469
201412 19.036 99.070 24.868
201503 21.410 99.621 27.814
201506 18.828 100.684 24.202
201509 18.370 100.392 23.682
201512 18.569 99.792 24.082
201603 18.147 100.470 23.376
201606 18.517 101.688 23.567
201609 19.183 101.861 24.373
201612 20.022 101.863 25.439
201703 19.842 102.862 24.965
201706 18.870 103.349 23.630
201709 17.501 104.136 21.750
201712 13.656 104.011 16.992
201803 13.035 105.290 16.022
201806 13.442 106.317 16.363
201809 0.567 106.507 0.689
201812 2.628 105.998 3.209
201903 2.818 107.251 3.400
201906 3.969 108.070 4.753
201909 3.893 108.329 4.651
201912 3.554 108.420 4.242
202003 2.445 108.902 2.906
202006 2.603 108.767 3.097
202009 4.562 109.815 5.376
202012 5.340 109.897 6.289
202103 5.524 111.754 6.397
202106 6.017 114.631 6.793
202109 7.518 115.734 8.407
202112 8.915 117.630 9.809
202203 10.786 121.301 11.508
202206 13.531 125.017 14.008
202209 16.229 125.227 16.772
202212 15.868 125.222 16.400
202303 16.515 127.348 16.784
202306 17.111 128.729 17.203
202309 18.152 129.860 18.090
202312 18.913 129.419 18.913
202403 20.135 129.419 20.135

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.


Qualcomm  (XTER:QCI) 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.


Qualcomm Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Qualcomm's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualcomm (XTER:QCI) Business Description

Industry
Address
5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

Qualcomm (XTER:QCI) Headlines

No Headlines