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Broadcom (HAM:1YD) Cyclically Adjusted PS Ratio : 21.79 (As of Apr. 27, 2024)


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What is Broadcom Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Broadcom's current share price is €1216.20. Broadcom's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €55.81. Broadcom's Cyclically Adjusted PS Ratio for today is 21.79.

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

HAM:1YD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.84   Med: 12.42   Max: 23.37
Current: 21.62

During the past years, Broadcom's highest Cyclically Adjusted PS Ratio was 23.37. The lowest was 6.84. And the median was 12.42.

HAM:1YD's Cyclically Adjusted PS Ratio is ranked worse than
96.13% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs HAM:1YD: 21.62

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 adjusted revenue per share data for the three months ended in Jan. 2024 was €23.512. 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 €55.81 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadcom Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Broadcom'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.

Broadcom Cyclically Adjusted PS Ratio Chart

Broadcom Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.90 10.97 13.54 9.57 14.54

Broadcom Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 11.45 11.70 16.13 14.54 19.71

Competitive Comparison of Broadcom's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



Broadcom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1216.20/55.81
=21.79

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=23.512/129.4194*129.4194
=23.512

Current CPI (Jan. 2024) = 129.4194.

Broadcom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.967 100.023 2.545
201407 3.721 100.520 4.791
201410 4.595 100.176 5.936
201501 5.064 98.604 6.647
201504 5.251 99.824 6.808
201507 5.495 100.691 7.063
201510 5.940 100.346 7.661
201601 5.644 99.957 7.308
201604 7.517 100.947 9.637
201607 8.190 101.524 10.440
201610 8.899 101.988 11.293
201701 8.863 102.456 11.195
201704 8.845 103.167 11.096
201707 8.695 103.278 10.896
201710 10.030 104.070 12.473
201801 10.254 104.578 12.690
201804 9.121 105.708 11.167
201807 9.828 106.324 11.963
201810 11.032 106.695 13.382
201901 12.103 106.200 14.749
201904 11.635 107.818 13.966
201907 11.769 108.250 14.071
201910 12.426 108.577 14.811
202001 12.535 108.841 14.905
202004 12.637 108.173 15.119
202007 11.971 109.318 14.172
202010 12.932 109.861 15.234
202101 12.734 110.364 14.933
202104 12.849 112.673 14.759
202107 13.333 115.183 14.981
202110 14.996 116.696 16.631
202201 15.879 118.619 17.325
202204 17.697 121.978 18.777
202207 19.349 125.002 20.033
202210 22.000 125.734 22.645
202301 19.285 126.223 19.773
202304 18.652 127.992 18.860
202307 18.791 128.974 18.856
202310 20.614 129.810 20.552
202401 23.512 129.419 23.512

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.


Broadcom  (HAM:1YD) 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.


Broadcom Cyclically Adjusted PS Ratio Related Terms

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


Broadcom (HAM:1YD) Business Description

Industry
Address
3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR 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 Brocade, CA Technologies, and Symantec in software.

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