Qualcomm (UKEX:QCOM) Cyclically Adjusted Revenue per Share: ₴1,954.10 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UKEX:QCOM Qualcomm Inc UKEX:QCOM
91 GF Score
Price ₴7,916.00
GF Value ₴7,521.45
! 3 Warning Signs
View Full Analysis

What is Qualcomm Cyclically Adjusted Revenue per Share?

Qualcomm UKEX:QCOM 91 Cyclically Adjusted Revenue per Share is ₴1,954.10 as of Mar. 2026. GuruFocus rates UKEX:QCOM with a GF Score™ of 91/100 and a GF Value™ of ₴7,521.45. The stock has 3 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.

Qualcomm's adjusted revenue per share for the three months ended in Mar. 2026 was ₴442.743. 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 ₴1,954.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qualcomm's average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.30% 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 Qualcomm was 18.90% per year. The lowest was -12.30% per year. And the median was 10.10% per year.

As of today (2026-07-15), Qualcomm's current stock price is ₴7916.00. Qualcomm's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₴1,954.10. Qualcomm's Cyclically Adjusted PS Ratio of today is 4.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Qualcomm was 9.72. The lowest was 3.69. And the median was 5.54.


Qualcomm  (UKEX:QCOM) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7916.00/1954.10
=4.05

* 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 Qualcomm was 9.72. The lowest was 3.69. And the median was 5.54.


Be Aware

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


Qualcomm Cyclically Adjusted Revenue per Share Related Terms


Qualcomm Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Qualcomm'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.

Qualcomm Cyclically Adjusted Revenue per Share Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,089.74 1,214.36 1,276.43 1,436.55

Qualcomm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,479.52 1,462.32 1,436.55 1,422.15 1,954.10

UKEX:QCOM vs ADI, MRVL, TXN: Cyclically Adjusted Revenue per Share 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
91GF Score
Qualcomm Inc UKEX:QCOM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=442.743/330.2130*330.2130
=442.743

Current CPI (Mar. 2026) = 330.2130.

Qualcomm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 182.133 241.018 249.536
201609 185.602 241.428 253.857
201612 179.688 241.432 245.764
201703 150.850 243.801 204.317
201706 161.309 244.955 217.454
201709 176.800 246.819 236.536
201712 182.970 246.524 245.084
201803 156.459 249.554 207.029
201806 167.947 251.989 220.082
201809 182.853 252.439 239.188
201812 177.288 251.233 233.022
201903 183.314 254.202 238.128
201906 350.490 256.143 451.843
201909 178.452 256.759 229.504
201912 196.158 256.974 252.064
202003 202.929 258.115 259.612
202006 192.368 257.797 246.405
202009 326.119 260.280 413.742
202012 318.998 260.474 404.406
202103 308.712 264.877 384.861
202106 315.218 271.696 383.109
202109 365.760 274.310 440.300
202112 419.761 278.802 497.165
202203 438.528 287.504 503.672
202206 431.845 296.311 481.254
202209 451.163 296.808 501.940
202212 374.669 296.797 416.853
202303 369.842 301.836 404.613
202306 336.685 305.109 364.387
202309 343.245 307.789 368.252
202312 394.753 306.746 424.953
202403 372.068 312.332 393.369
202406 370.914 314.175 389.848
202409 405.951 315.301 425.150
202412 465.718 315.605 487.274
202503 440.930 319.799 455.289
202506 422.332 322.561 432.351
202509 465.602 324.800 473.362
202512 508.473 324.054 518.137
202603 442.743 330.213 442.743

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 ₴1,954.10 mean?
Qualcomm (UKEX:QCOM) has a Cyclically Adjusted Revenue per Share of ₴1,954.10 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Qualcomm and its competitors.
Is Qualcomm's Cyclically Adjusted Revenue per Share too high?
Qualcomm's current Cyclically Adjusted Revenue per Share is ₴1,954.10. Overall, Qualcomm has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's Cyclically Adjusted Revenue per Share compare to ADI and MRVL?
Qualcomm's Cyclically Adjusted Revenue per Share of ₴1,954.10 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 Qualcomm and its competitors. Qualcomm's current Cyclically Adjusted Revenue per Share is ₴1,954.10. 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 Revenue per Share of ₴1,954.10. The stock's GF Value™ is ₴7,521.45, compared to a current price of ₴7,916.00 — trading 5.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₴1,954.10. Qualcomm's overall GF Score™ is 91/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Qualcomm (UKEX:QCOM), the current Cyclically Adjusted Revenue per Share is ₴1,954.10 as of Mar. 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 overvalued. The current stock price of ₴7,916.00 is trading 5.2% above its estimated GF Value™ of ₴7,521.45.

Key valuation signals for UKEX:QCOM:

  • Cyclically Adjusted Revenue per Share: ₴1,954.10
  • GF Value™: ₴7,521.45 vs. price of ₴7,916.00 (5.2% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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.
91GF Score

Get the complete analysis for UKEX:QCOM

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

₴7,916.00
Price
₴7,521.45
GF Value