AVGO (Broadcom) Cyclically Adjusted PS Ratio: 45.09 (As of Jul. 11, 2026) — 235% Above Median


AVGO Broadcom Inc AVGO
95 GF Score
Price $399.97
GF Value $318.65
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Broadcom Cyclically Adjusted PS Ratio?

Broadcom AVGO -0.28% 95 Cyclically Adjusted PS Ratio is 45.09 as of Jul. 11, 2026, which is 235% above its 10-year median of 13.46. GuruFocus rates AVGO with a GF Score™ of 95/100 and a GF Value™ of $318.65 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 733 Semiconductors companies, Broadcom ranks worse than 96.04% on this metric.

As of today (2026-07-11), Broadcom's current share price is $399.97. Broadcom's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $8.87. Broadcom's Cyclically Adjusted PS Ratio for today is 45.09.

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

AVGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.84   Med: 13.46   Max: 50.69
Current: 45.22

During the past years, Broadcom's highest Cyclically Adjusted PS Ratio was 50.69. The lowest was 6.84. And the median was 13.46.

AVGO's Cyclically Adjusted PS Ratio is ranked worse than
96.04% of 733 companies
in the Semiconductors industry
Industry Median: 3.41 vs AVGO: 45.22

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Broadcom's adjusted revenue per share data for the three months ended in Apr. 2026 was $4.550. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $8.87 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadcom  (NAS:AVGO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Broadcom Cyclically Adjusted PS Ratio Related Terms


Broadcom Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Broadcom's Cyclically Adjusted PS 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 PS Ratio Chart

Broadcom Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 9.56 14.53 24.89 46.13

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 PS 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 26.02 38.17 46.13 39.75 47.06

AVGO vs MU, AMD, INTC: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Broadcom's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Semiconductors Industry

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

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


AVGO
95GF Score
Broadcom Inc AVGO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Broadcom Cyclically Adjusted PS Ratio Calculation

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

Broadcom's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=399.97/8.87
=45.09

* 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 Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=4.55/333.0200*333.0200
=4.550

Current CPI (Apr. 2026) = 333.0200.

Broadcom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.905 240.628 1.252
201610 0.980 241.729 1.350
201701 0.943 242.839 1.293
201704 0.948 244.524 1.291
201707 1.003 244.786 1.365
201710 1.179 246.663 1.592
201801 1.250 247.867 1.679
201804 1.119 250.546 1.487
201807 1.148 252.006 1.517
201810 1.281 252.885 1.687
201901 1.382 251.712 1.828
201904 1.307 255.548 1.703
201907 1.319 256.571 1.712
201910 1.388 257.346 1.796
202001 1.395 257.971 1.801
202004 1.377 256.389 1.789
202007 1.379 259.101 1.772
202010 1.525 260.388 1.950
202101 1.555 261.582 1.980
202104 1.541 267.054 1.922
202107 1.580 273.003 1.927
202110 1.727 276.589 2.079
202201 1.796 281.148 2.127
202204 1.911 289.109 2.201
202207 1.968 296.276 2.212
202210 2.170 298.012 2.425
202301 2.078 299.170 2.313
202304 2.045 303.363 2.245
202307 2.079 305.691 2.265
202310 2.179 307.671 2.359
202401 2.563 308.417 2.767
202404 2.602 313.548 2.764
202407 2.803 314.540 2.968
202410 2.912 315.664 3.072
202501 3.084 317.671 3.233
202504 3.109 320.795 3.227
202507 3.282 323.048 3.383
202510 3.685 0.000
202601 3.951 325.252 4.045
202604 4.550 333.020 4.550

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 45.09 mean?
Broadcom (AVGO) has a Cyclically Adjusted PS Ratio of 45.09 as of Jul. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Broadcom and its competitors. This is 235% above median its historical median of 13.46. Over the past decade, Broadcom's Cyclically Adjusted PS Ratio has ranged from 6.84 to 50.69. According to the industry distribution chart, Broadcom ranks #704 out of 733 companies in the Semiconductors industry, placing it in the top 96%.
Is Broadcom's Cyclically Adjusted PS Ratio too high?
Broadcom's current Cyclically Adjusted PS Ratio of 45.09 is 235% above median its 10-year median of 13.46. Over the past 10 years, this metric has ranged from a low of 6.84 to a high of 50.69. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.41. Broadcom's value of 45.09 is 1222.3% above this industry median. Based on the distribution chart, Broadcom ranks #704 out of 733 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Broadcom has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadcom's Cyclically Adjusted PS Ratio compare to MU and AMD?
According to the Semiconductors industry distribution chart, Broadcom ranks #704 out of 733 companies for Cyclically Adjusted PS Ratio. This places Broadcom in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Broadcom's value of 45.09 is 1222.3% above this benchmark. Historically, Broadcom's own Cyclically Adjusted PS Ratio has ranged from 6.84 to 50.69 over the past decade. While the company's 10-year median is 13.46 vs. the industry median of 3.41, 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 PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.41, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Broadcom's current Cyclically Adjusted PS Ratio of 45.09 is 1222.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Broadcom and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadcom's current Cyclically Adjusted PS Ratio is 45.09, which is 235% above median its own 10-year median of 13.46. 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 (AVGO) is currently considered Modestly Overvalued. The stock's GF Value™ is $318.65, compared to a current price of $399.97 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 45.09, which is 235% above median its 10-year median of 13.46 and 1222.3% above the Semiconductors industry median of 3.41. Broadcom's overall GF Score™ is 95/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Broadcom (AVGO), the current Cyclically Adjusted PS Ratio is 45.09 as of Jul. 11, 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 (AVGO) Overvalued in 2026?

Based on GuruFocus' analysis, Broadcom stock appears to be overvalued. The current stock price of $399.97 is trading 25.5% above its estimated GF Value™ of $318.65. GuruFocus considers Broadcom to be Modestly Overvalued.

Key valuation signals for AVGO:

  • Cyclically Adjusted PS Ratio: 45.09 (235% above median its 10-year median of 13.46)
  • GF Value™: $318.65 vs. price of $399.97 (25.5% above fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 1222.3% above the Semiconductors median (#704 of 733)

No single metric tells the full story. See the AVGO 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.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$399.97
Price
$318.65
GF Value