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Broadcom (NEOE:AVGO) Cyclically Adjusted Price-to-FCF : 87.77 (As of Jun. 06, 2025)


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What is Broadcom Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Broadcom's current share price is C$61.44. Broadcom's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was C$0.70. Broadcom's Cyclically Adjusted Price-to-FCF for today is 87.77.

The historical rank and industry rank for Broadcom's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NEOE:AVGO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.35   Med: 39.26   Max: 90.2
Current: 90.2

During the past years, Broadcom's highest Cyclically Adjusted Price-to-FCF was 90.20. The lowest was 22.35. And the median was 39.26.

NEOE:AVGO's Cyclically Adjusted Price-to-FCF is ranked worse than
75.49% of 355 companies
in the Semiconductors industry
Industry Median: 31.78 vs NEOE:AVGO: 90.20

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Broadcom's adjusted free cash flow per share data for the three months ended in Jan. 2025 was C$0.316. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.70 for the trailing ten years ended in Jan. 2025.

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
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 47.88 50.23 59.77 60.58 75.55

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=61.44/0.70
=87.77

* 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 FCF per Share for the quarter that ended in Jan. 2025 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.316/134.0288*134.0288
=0.316

Current CPI (Jan. 2025) = 134.0288.

Broadcom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.037 99.824 0.050
201507 0.035 100.691 0.047
201510 0.040 100.346 0.053
201601 0.029 99.957 0.039
201604 0.025 100.947 0.033
201607 0.040 101.524 0.053
201610 0.064 101.988 0.084
201701 0.054 102.456 0.071
201704 0.071 103.167 0.092
201707 0.071 103.278 0.092
201710 0.093 104.070 0.120
201801 0.075 104.578 0.096
201804 0.107 105.708 0.136
201807 0.112 106.324 0.141
201810 0.135 106.695 0.170
201901 0.114 106.200 0.144
201904 0.142 107.818 0.177
201907 0.128 108.250 0.158
201910 0.132 108.577 0.163
202001 0.122 108.841 0.150
202004 0.182 108.173 0.226
202007 0.173 109.318 0.212
202010 0.178 109.861 0.217
202101 0.157 110.364 0.191
202104 0.177 112.673 0.211
202107 0.176 115.183 0.205
202110 0.178 116.696 0.204
202201 0.176 118.619 0.199
202204 0.219 121.978 0.241
202207 0.229 125.002 0.246
202210 0.262 125.734 0.279
202301 0.217 126.223 0.230
202304 0.244 127.992 0.256
202307 0.251 128.974 0.261
202310 0.268 129.810 0.277
202401 0.238 130.124 0.245
202404 0.224 132.289 0.227
202407 0.249 132.708 0.251
202410 0.276 133.182 0.278
202501 0.316 134.029 0.316

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  (NEOE:AVGO) 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

Thank you for viewing the detailed overview of Broadcom's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


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.