Qualcomm (MEX:QCOM) E10: MXN115.71 (As of Jun. 2026)

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MEX:QCOM Qualcomm Inc MEX:QCOM
89 GF Score
Price MXN2,805.02
GF Value MXN3,070.53
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Qualcomm E10?

Qualcomm MEX:QCOM -2.10% 89 E10 is MXN115.71 as of Jun. 2026. GuruFocus rates MEX:QCOM with a GF Score™ of 89/100 and a GF Value™ of MXN3,070.53 (Fairly Valued). The stock has 3 warning signs investors should review.

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.

Qualcomm's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN32.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN115.71 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Qualcomm's average E10 Growth Rate was 10.10% per year. During the past 3 years, the average E10 Growth Rate was 6.20% per year. During the past 5 years, the average E10 Growth Rate was 13.10% per year. During the past 10 years, the average E10 Growth Rate was 8.70% 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 Qualcomm was 80.00% per year. The lowest was -3.10% per year. And the median was 17.70% per year.

As of today (2026-08-11), Qualcomm's current stock price is MXN2805.02. Qualcomm's E10 for the quarter that ended in Jun. 2026 was MXN115.71. Qualcomm's Shiller PE Ratio of today is 24.24.

During the past 13 years, the highest Shiller PE Ratio of Qualcomm was 51.68. The lowest was 16.28. And the median was 27.09.


Qualcomm  (MEX:QCOM) 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.

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

Shiller PE Ratio=Share Price/E10
=2805.02/115.71
=24.24

* 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 Qualcomm was 51.68. The lowest was 16.28. And the median was 27.09.


Be Aware

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


Qualcomm E10 Related Terms


Qualcomm E10 Historical Data

* Premium members only.

The historical data trend for Qualcomm'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.

Qualcomm E10 Chart

Qualcomm Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.09 96.84 88.27 106.37 105.32

Qualcomm Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 111.32 105.32 104.44 116.51 115.71

MEX:QCOM vs ADI, MRVL, TXN: E10 Comparison

For the Semiconductors subindustry, Qualcomm'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.


Qualcomm Shiller PE Ratio vs Semiconductors Industry

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

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


MEX:QCOM
89GF Score
Qualcomm Inc MEX:QCOM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualcomm 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, Qualcomm's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=32.63/333.9520*333.9520
=32.630

Current CPI (Jun. 2026) = 333.9520.

Qualcomm Quarterly Data

per share eps CPI Adj_EPS
201609 20.689 241.428 28.618
201612 9.484 241.432 13.118
201703 9.415 243.801 12.896
201706 10.484 244.955 14.293
201709 1.996 246.819 2.701
201712 -79.540 246.524 -107.748
201803 3.997 249.554 5.349
201806 15.916 251.989 21.093
201809 -6.547 252.439 -8.661
201812 17.082 251.233 22.706
201903 10.669 254.202 14.016
201906 33.616 256.143 43.828
201909 8.292 256.759 10.785
201912 15.088 256.974 19.608
202003 9.614 258.115 12.439
202006 17.081 257.797 22.127
202009 56.995 260.280 73.127
202012 42.171 260.474 54.067
202103 31.275 264.877 39.431
202106 35.234 271.696 43.307
202109 50.377 274.310 61.330
202112 61.132 278.802 73.225
202203 51.171 287.504 59.438
202206 66.188 296.311 74.596
202209 50.891 296.808 57.260
202212 38.602 296.797 43.434
202303 27.398 301.836 30.313
202306 27.430 305.109 30.023
202309 22.993 307.789 24.947
202312 41.757 306.746 45.461
202403 34.188 312.332 36.555
202406 34.442 314.175 36.610
202409 50.998 315.301 54.015
202412 59.022 315.605 62.453
202503 51.555 319.799 53.837
202506 45.755 322.561 47.371
202509 -53.015 324.800 -54.509
202512 50.056 324.054 51.585
202603 124.065 330.213 125.470
202606 32.630 333.952 32.630

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN115.71 mean?
Qualcomm (MEX:QCOM) has a E10 of MXN115.71 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Qualcomm and its competitors.
Is Qualcomm's E10 too high?
Qualcomm's current E10 is MXN115.71. Overall, Qualcomm has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qualcomm's E10 compare to ADI and MRVL?
Qualcomm's E10 of MXN115.71 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 E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Qualcomm and its competitors. Qualcomm's current E10 is MXN115.71. 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?
Based on GuruFocus' analysis, Qualcomm (MEX:QCOM) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,070.53, compared to a current price of MXN2,805.02 — trading 8.6% below its estimated fair value. The current E10 is MXN115.71. Qualcomm's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Qualcomm (MEX:QCOM), the current E10 is MXN115.71 as of Jun. 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 (MEX:QCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Qualcomm stock appears to be undervalued. The current stock price of MXN2,805.02 is trading 8.6% below its estimated GF Value™ of MXN3,070.53. GuruFocus considers Qualcomm to be Fairly Valued.

Key valuation signals for MEX:QCOM:

  • E10: MXN115.71
  • GF Value™: MXN3,070.53 vs. price of MXN2,805.02 (8.6% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the MEX: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.
89GF Score

Get the complete analysis for MEX:QCOM

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,805.02
Price
MXN3,070.53
GF Value