GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Broadcom Inc (LTS:0YXG) » Definitions » E10

Broadcom (LTS:0YXG) E10 : $1.63 (As of Jan. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Broadcom E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Broadcom's adjusted earnings per share data for the three months ended in Jan. 2025 was $1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.63 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Broadcom's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 27.40% per year. During the past 5 years, the average E10 Growth Rate was 26.70% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Broadcom was 166.80% per year. The lowest was 18.40% per year. And the median was 27.40% per year.

As of today (2025-03-25), Broadcom's current stock price is $192.87. Broadcom's E10 for the quarter that ended in Jan. 2025 was $1.63. Broadcom's Shiller PE Ratio of today is 118.33.

During the past 13 years, the highest Shiller PE Ratio of Broadcom was 941.27. The lowest was 36.97. And the median was 66.57.


Broadcom E10 Historical Data

The historical data trend for Broadcom's E10 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 E10 Chart

Broadcom Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.73 1.02 0.82 1.51

Broadcom Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
E10 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 0.59 1.46 1.40 1.51 1.63

Competitive Comparison of Broadcom's E10

For the Semiconductors subindustry, Broadcom's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Broadcom's Shiller PE Ratio falls into.



Broadcom E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.14/134.0288*134.0288
=1.140

Current CPI (Jan. 2025) = 134.0288.

Broadcom Quarterly Data

per share eps CPI Adj_EPS
201504 0.121 99.824 0.162
201507 0.084 100.691 0.112
201510 0.149 100.346 0.199
201601 0.130 99.957 0.174
201604 -0.302 100.947 -0.401
201607 -0.075 101.524 -0.099
201610 -0.159 101.988 -0.209
201701 0.057 102.456 0.075
201704 0.105 103.167 0.136
201707 0.114 103.278 0.148
201710 0.150 104.070 0.193
201801 1.462 104.578 1.874
201804 0.833 105.708 1.056
201807 0.271 106.324 0.342
201810 0.264 106.695 0.332
201901 0.112 106.200 0.141
201904 0.164 107.818 0.204
201907 0.171 108.250 0.212
201910 0.197 108.577 0.243
202001 0.074 108.841 0.091
202004 0.117 108.173 0.145
202007 0.145 109.318 0.178
202010 0.292 109.861 0.356
202101 0.304 110.364 0.369
202104 0.329 112.673 0.391
202107 0.419 115.183 0.488
202110 0.444 116.696 0.510
202201 0.559 118.619 0.632
202204 0.593 121.978 0.652
202207 0.715 125.002 0.767
202210 0.781 125.734 0.833
202301 0.880 126.223 0.934
202304 0.815 127.992 0.853
202307 0.770 128.974 0.800
202310 0.825 129.810 0.852
202401 0.280 130.124 0.288
202404 0.442 132.289 0.448
202407 -0.400 132.708 -0.404
202410 0.900 133.182 0.906
202501 1.140 134.029 1.140

Add all the adjusted EPS together and divide 10 will get our e10.


Broadcom  (LTS:0YXG) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Broadcom's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=192.87/1.63
=118.33

* 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 Shiller P/E Ratio of Broadcom was 941.27. The lowest was 36.97. And the median was 66.57.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Broadcom E10 Related Terms

Thank you for viewing the detailed overview of Broadcom's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Broadcom Business Description

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.

Broadcom Headlines

No Headlines