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Qualcomm (BSP:QCOM34) Cyclically Adjusted PS Ratio : 6.44 (As of Dec. 15, 2024)


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What is Qualcomm Cyclically Adjusted PS Ratio?

As of today (2024-12-15), Qualcomm's current share price is R$80.38. Qualcomm's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was R$12.49. Qualcomm's Cyclically Adjusted PS Ratio for today is 6.44.

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

BSP:QCOM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 5.62   Max: 9.72
Current: 5.78

During the past years, Qualcomm's highest Cyclically Adjusted PS Ratio was 9.72. The lowest was 3.69. And the median was 5.62.

BSP:QCOM34's Cyclically Adjusted PS Ratio is ranked worse than
75.09% of 550 companies
in the Semiconductors industry
Industry Median: 2.505 vs BSP:QCOM34: 5.78

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.

Qualcomm's adjusted revenue per share data for the three months ended in Sep. 2024 was R$4.184. 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 R$12.49 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualcomm Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Qualcomm'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.

* Premium members only.

Qualcomm Cyclically Adjusted PS Ratio Chart

Qualcomm Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 6.77 4.88 4.38 6.20

Qualcomm Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.38 5.64 6.40 7.40 6.20

Competitive Comparison of Qualcomm's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Qualcomm'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.


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

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

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



Qualcomm 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.38/12.49
=6.44

* 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 Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.184/133.0289*133.0289
=4.184

Current CPI (Sep. 2024) = 133.0289.

Qualcomm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.927 99.070 1.245
201503 1.083 99.621 1.446
201506 0.928 100.684 1.226
201509 1.128 100.392 1.495
201512 1.231 99.792 1.641
201603 1.142 100.470 1.512
201606 1.160 101.688 1.518
201609 1.124 101.861 1.468
201612 1.122 101.863 1.465
201703 0.878 102.862 1.135
201706 0.989 103.349 1.273
201709 1.031 104.136 1.317
201712 1.122 104.011 1.435
201803 0.955 105.290 1.207
201806 1.179 106.317 1.475
201809 1.398 106.507 1.746
201812 1.281 105.998 1.608
201903 1.310 107.251 1.625
201906 2.515 108.070 3.096
201909 1.368 108.329 1.680
201912 1.498 108.420 1.838
202003 1.845 108.902 2.254
202006 1.857 108.767 2.271
202009 3.277 109.815 3.970
202012 3.054 109.897 3.697
202103 3.237 111.754 3.853
202106 2.950 114.631 3.423
202109 3.593 115.734 4.130
202112 4.417 117.630 4.995
202203 4.061 121.301 4.454
202206 4.057 125.017 4.317
202209 4.403 125.227 4.677
202212 3.657 125.222 3.885
202303 3.585 127.348 3.745
202306 3.041 128.729 3.143
202309 3.155 129.860 3.232
202312 3.599 129.419 3.699
202403 3.448 131.776 3.481
202406 3.718 132.554 3.731
202409 4.184 133.029 4.184

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.


Qualcomm  (BSP:QCOM34) 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.


Qualcomm Cyclically Adjusted PS Ratio Related Terms

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


Qualcomm 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.

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