Qualcomm (UKEX:QCOM) Cyclically Adjusted PS Ratio: 5.68 (As of Aug. 13, 2026) — Near Median

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UKEX:QCOM Qualcomm Inc UKEX:QCOM
93 GF Score
Price ₴7,916.00
GF Value ₴8,620.37
! 3 Warning Signs
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What is Qualcomm Cyclically Adjusted PS Ratio?

Qualcomm UKEX:QCOM 93 Cyclically Adjusted PS Ratio is 5.68 as of Aug. 13, 2026, which is 3% above its 10-year median of 5.50. GuruFocus rates UKEX:QCOM with a GF Score™ of 93/100 and a GF Value™ of ₴8,620.37. The stock has 3 warning signs investors should review. Among 730 Semiconductors companies, Qualcomm ranks worse than 63.15% on this metric.

As of today (2026-08-13), Qualcomm's current share price is ₴7916.00. Qualcomm's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₴1,393.09. Qualcomm's Cyclically Adjusted PS Ratio for today is 5.68.

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

UKEX:QCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 5.5   Max: 9.72
Current: 5.01

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.

UKEX:QCOM's Cyclically Adjusted PS Ratio is ranked worse than
63.15% of 730 companies
in the Semiconductors industry
Industry Median: 3.02 vs UKEX:QCOM: 5.01

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 Jun. 2026 was ₴416.282. 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 ₴1,393.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualcomm  (UKEX: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


Qualcomm Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Qualcomm Cyclically Adjusted PS Ratio Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 4.88 4.38 6.20 5.51

Qualcomm Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.41 5.51 5.57 4.05 5.68

UKEX:QCOM vs ADI, MRVL, TXN: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


UKEX:QCOM
93GF Score
Qualcomm Inc UKEX:QCOM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=7916.00/1393.09
=5.68

* 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 Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=416.282/333.9520*333.9520
=416.282

Current CPI (Jun. 2026) = 333.9520.

Qualcomm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 185.427 241.428 256.489
201612 179.519 241.432 248.313
201703 150.708 243.801 206.436
201706 161.158 244.955 219.710
201709 176.634 246.819 238.990
201712 182.797 246.524 247.625
201803 156.312 249.554 209.176
201806 167.789 251.989 222.365
201809 182.681 252.439 241.669
201812 177.122 251.233 235.440
201903 183.141 254.202 240.597
201906 350.160 256.143 456.529
201909 178.284 256.759 231.884
201912 195.973 256.974 254.678
202003 202.738 258.115 262.305
202006 192.187 257.797 248.960
202009 325.812 260.280 418.033
202012 318.698 260.474 408.601
202103 308.422 264.877 388.853
202106 314.922 271.696 387.083
202109 365.416 274.310 444.867
202112 419.367 278.802 502.322
202203 438.115 287.504 508.895
202206 431.438 296.311 486.244
202209 450.739 296.808 507.147
202212 374.317 296.797 421.176
202303 369.494 301.836 408.809
202306 336.368 305.109 368.166
202309 342.923 307.789 372.072
202312 394.382 306.746 429.361
202403 371.719 312.332 397.450
202406 370.565 314.175 393.892
202409 405.569 315.301 429.560
202412 465.280 315.605 492.328
202503 440.516 319.799 460.011
202506 421.934 322.561 436.834
202509 465.164 324.800 478.271
202512 507.994 324.054 523.510
202603 442.327 330.213 447.335
202606 416.282 333.952 416.282

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 5.68 mean?
Qualcomm (UKEX:QCOM) has a Cyclically Adjusted PS Ratio of 5.68 as of Aug. 13, 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 Qualcomm and its competitors. This is near median its historical median of 5.50. Over the past decade, Qualcomm's Cyclically Adjusted PS Ratio has ranged from 3.69 to 9.72. According to the industry distribution chart, Qualcomm ranks #461 out of 730 companies in the Semiconductors industry, placing it in the top 63.2%.
Is Qualcomm's Cyclically Adjusted PS Ratio too high?
Qualcomm's current Cyclically Adjusted PS Ratio of 5.68 is near median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 9.72. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Qualcomm's value of 5.68 is 88.1% above this industry median. Based on the distribution chart, Qualcomm ranks #461 out of 730 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Qualcomm has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's Cyclically Adjusted PS Ratio compare to ADI and MRVL?
According to the Semiconductors industry distribution chart, Qualcomm ranks #461 out of 730 companies for Cyclically Adjusted PS Ratio. This places Qualcomm in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Qualcomm's value of 5.68 is 88.1% above this benchmark. Historically, Qualcomm's own Cyclically Adjusted PS Ratio has ranged from 3.69 to 9.72 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 3.02, Qualcomm 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 3.02, based on 730 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. Qualcomm's current Cyclically Adjusted PS Ratio of 5.68 is 88.1% 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 Qualcomm and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualcomm's current Cyclically Adjusted PS Ratio is 5.68, which is near median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualcomm stock overvalued right now?
Qualcomm (UKEX:QCOM) has a current Cyclically Adjusted PS Ratio of 5.68. The stock's GF Value™ is ₴8,620.37, compared to a current price of ₴7,916.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.68, which is near median its 10-year median of 5.50 and 88.1% above the Semiconductors industry median of 3.02. Qualcomm's overall GF Score™ is 93/100 with 3 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 Qualcomm (UKEX:QCOM), the current Cyclically Adjusted PS Ratio is 5.68 as of Aug. 13, 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 Qualcomm (UKEX:QCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Qualcomm stock appears to be undervalued. The current stock price of ₴7,916.00 is trading 8.2% below its estimated GF Value™ of ₴8,620.37.

Key valuation signals for UKEX:QCOM:

  • Cyclically Adjusted PS Ratio: 5.68 (near median its 10-year median of 5.50)
  • GF Value™: ₴8,620.37 vs. price of ₴7,916.00 (8.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 88.1% above the Semiconductors median (#461 of 730)

No single metric tells the full story. See the UKEX:QCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualcomm Business Description

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.
93GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₴7,916.00
Price
₴8,620.37
GF Value