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Qualcomm (MEX:QCOM) Cyclically Adjusted PS Ratio : 4.90 (As of May. 25, 2025)


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What is Qualcomm Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Qualcomm's current share price is MXN2813.00. Qualcomm's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN573.67. Qualcomm's Cyclically Adjusted PS Ratio for today is 4.90.

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

MEX:QCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 5.5   Max: 9.72
Current: 5.06

During the past years, Qualcomm's highest Cyclically Adjusted PS Ratio was 9.72. The lowest was 3.69. And the median was 5.50.

MEX:QCOM's Cyclically Adjusted PS Ratio is ranked worse than
77.05% of 684 companies
in the Semiconductors industry
Industry Median: 1.9 vs MEX:QCOM: 5.06

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 Mar. 2025 was MXN201.444. 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 MXN573.67 for the trailing ten years ended in Mar. 2025.

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
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.40 7.40 6.20 5.50 5.35

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.


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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
=2813.00/573.67
=4.90

* 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 Mar. 2025 is calculated as:

For example, Qualcomm's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=201.444/134.9266*134.9266
=201.444

Current CPI (Mar. 2025) = 134.9266.

Qualcomm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 56.173 100.684 75.277
201509 58.611 100.392 78.773
201512 65.459 99.792 88.505
201603 63.788 100.470 85.664
201606 75.219 101.688 99.806
201609 80.141 101.861 106.156
201612 82.730 101.863 109.584
201703 63.429 102.862 83.201
201706 65.115 103.349 85.010
201709 71.652 104.136 92.838
201712 80.247 104.011 104.099
201803 63.477 105.290 81.345
201806 73.696 106.317 93.528
201809 76.380 106.507 96.761
201812 77.737 105.998 98.953
201903 79.409 107.251 99.901
201906 150.347 108.070 187.711
201909 78.674 108.329 97.990
201912 82.616 108.420 102.814
202003 106.260 108.902 131.654
202006 99.158 108.767 123.006
202009 160.883 109.815 197.673
202012 141.705 109.897 173.979
202103 140.920 111.754 170.140
202106 140.124 114.631 164.933
202109 167.950 115.734 195.801
202112 192.296 117.630 220.573
202203 194.988 121.301 216.891
202206 194.013 125.017 209.392
202209 202.662 125.227 218.360
202212 163.122 125.222 175.764
202303 148.871 127.348 157.731
202306 128.900 128.729 135.106
202309 133.519 129.860 138.729
202312 149.635 129.419 156.002
202403 137.896 131.776 141.193
202406 151.747 132.554 154.463
202409 178.502 133.029 181.048
202412 216.903 133.157 219.785
202503 201.444 134.927 201.444

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  (MEX:QCOM) 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.