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Broadcom (MIC:AVGO-RM) Cyclically Adjusted Price-to-FCF : (As of Jun. 28, 2025)


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What is Broadcom Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Broadcom's Cyclically Adjusted Price-to-FCF 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.

Broadcom Cyclically Adjusted Price-to-FCF Chart

Broadcom Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.49 37.13 24.57 35.54 60.58

Broadcom Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Cyclically Adjusted Price-to-FCF 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 50.23 59.77 60.58 75.55 62.75

Competitive Comparison of Broadcom's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Broadcom's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Broadcom's Cyclically Adjusted Price-to-FCF falls into.


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Broadcom Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Broadcom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Broadcom's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=108.926/135.3468*135.3468
=108.926

Current CPI (Apr. 2025) = 135.3468.

Broadcom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201507 9.232 100.691 12.410
201510 11.070 100.346 14.931
201601 8.847 99.957 11.979
201604 7.218 100.947 9.678
201607 11.616 101.524 15.486
201610 17.314 101.988 22.977
201701 13.984 102.456 18.473
201704 17.104 103.167 22.439
201707 18.726 103.278 24.541
201710 24.315 104.070 31.623
201801 19.368 104.578 25.066
201804 29.546 105.708 37.830
201807 30.003 106.324 38.193
201810 38.568 106.695 48.925
201901 31.739 106.200 40.450
201904 38.812 107.818 48.722
201907 35.041 108.250 43.812
201910 36.154 108.577 45.068
202001 33.230 108.841 41.323
202004 53.570 108.173 67.027
202007 53.259 109.318 65.940
202010 60.205 109.861 74.172
202101 53.237 110.364 65.288
202104 59.825 112.673 71.864
202107 58.109 115.183 68.282
202110 59.053 116.696 68.491
202201 59.130 118.619 67.468
202204 80.917 121.978 89.785
202207 55.363 125.002 59.945
202210 64.027 125.734 68.922
202301 67.810 126.223 72.712
202304 75.870 127.992 80.230
202307 95.623 128.974 100.348
202310 106.811 129.810 111.367
202401 89.868 130.124 93.475
202404 85.514 132.289 87.490
202407 89.761 132.708 91.546
202410 106.357 133.182 108.086
202501 122.467 134.029 123.671
202504 108.926 135.347 108.926

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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  (MIC:AVGO-RM) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Broadcom Cyclically Adjusted Price-to-FCF Related Terms

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Broadcom Business Description

Industry
Address
3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR 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 Brocade, CA Technologies, and Symantec in software.

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