AVGO (Broadcom) Cyclically Adjusted Revenue per Share: $8.87 (As of Apr. 2026)


AVGO Broadcom Inc AVGO
95 GF Score
Price $399.97
GF Value $318.05
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Broadcom Cyclically Adjusted Revenue per Share?

Broadcom AVGO -0.28% 95 Cyclically Adjusted Revenue per Share is $8.87 as of Apr. 2026. GuruFocus rates AVGO with a GF Score™ of 95/100 and a GF Value™ of $318.05 (Modestly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is $8.87 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Broadcom's average Cyclically Adjusted Revenue Growth Rate was 19.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 20.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Broadcom was 22.30% per year. The lowest was 17.60% per year. And the median was 21.50% per year.

As of today (2026-07-10), Broadcom's current stock 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 of today is 45.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Broadcom was 50.69. The lowest was 6.84. And the median was 13.46.


Broadcom  (NAS:AVGO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Broadcom was 50.69. The lowest was 6.84. And the median was 13.46.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Broadcom Cyclically Adjusted Revenue per Share Related Terms


Broadcom Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Broadcom's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Broadcom Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 4.92 5.79 6.82 8.01

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 Revenue per Share 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 7.40 7.69 8.01 8.34 8.87

AVGO vs MU, AMD, INTC: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Broadcom Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of $8.87 mean?
Broadcom (AVGO) has a Cyclically Adjusted Revenue per Share of $8.87 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Broadcom and its competitors.
Is Broadcom's Cyclically Adjusted Revenue per Share too high?
Broadcom's current Cyclically Adjusted Revenue per Share is $8.87. 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 Revenue per Share compare to MU and AMD?
Broadcom's Cyclically Adjusted Revenue per Share of $8.87 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Broadcom and its competitors. Broadcom's current Cyclically Adjusted Revenue per Share is $8.87. 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 $318.05, compared to a current price of $399.97 — trading 25.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $8.87. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Broadcom (AVGO), the current Cyclically Adjusted Revenue per Share is $8.87 as of Apr. 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 25.8% above its estimated GF Value™ of $318.05. GuruFocus considers Broadcom to be Modestly Overvalued.

Key valuation signals for AVGO:

  • Cyclically Adjusted Revenue per Share: $8.87
  • GF Value™: $318.05 vs. price of $399.97 (25.8% above fair value)
  • GF Score™: 95/100 with 2 warning signs

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.
95GF Score

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

$399.97
Price
$318.05
GF Value