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Qualcomm (Qualcomm) Shiller PE Ratio : 38.11 (As of May. 21, 2024)


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What is Qualcomm Shiller PE Ratio?

As of today (2024-05-21), Qualcomm's current share price is $200.85. Qualcomm's E10 for the quarter that ended in Mar. 2024 was $5.27. Qualcomm's Shiller PE Ratio for today is 38.11.

The historical rank and industry rank for Qualcomm's Shiller PE Ratio or its related term are showing as below:

QCOM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.78   Med: 26.83   Max: 51.68
Current: 38.11

During the past years, Qualcomm's highest Shiller PE Ratio was 51.68. The lowest was 15.78. And the median was 26.83.

QCOM's Shiller PE Ratio is ranked worse than
62.11% of 512 companies
in the Semiconductors industry
Industry Median: 28.2 vs QCOM: 38.11

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.

Qualcomm's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualcomm Shiller PE Ratio Historical Data

The historical data trend for Qualcomm's Shiller PE 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.

Qualcomm Shiller PE Ratio Chart

Qualcomm Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 38.55 34.74 23.90 22.05

Qualcomm Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 26.14 23.93 22.05 28.24 32.12

Competitive Comparison of Qualcomm's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



Qualcomm Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=200.85/5.27
=38.11

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Qualcomm's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.06/131.7762*131.7762
=2.060

Current CPI (Mar. 2024) = 131.7762.

Qualcomm Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.310 100.560 1.717
201409 1.120 100.428 1.470
201412 1.170 99.070 1.556
201503 0.630 99.621 0.833
201506 0.730 100.684 0.955
201509 0.670 100.392 0.879
201512 0.990 99.792 1.307
201603 0.780 100.470 1.023
201606 0.970 101.688 1.257
201609 1.070 101.861 1.384
201612 0.460 101.863 0.595
201703 0.500 102.862 0.641
201706 0.580 103.349 0.740
201709 0.110 104.136 0.139
201712 -4.050 104.011 -5.131
201803 0.220 105.290 0.275
201806 0.810 106.317 1.004
201809 -0.350 106.507 -0.433
201812 0.870 105.998 1.082
201903 0.550 107.251 0.676
201906 1.750 108.070 2.134
201909 0.420 108.329 0.511
201912 0.800 108.420 0.972
202003 0.410 108.902 0.496
202006 0.740 108.767 0.897
202009 2.580 109.815 3.096
202012 2.120 109.897 2.542
202103 1.530 111.754 1.804
202106 1.770 114.631 2.035
202109 2.450 115.734 2.790
202112 2.980 117.630 3.338
202203 2.570 121.301 2.792
202206 3.290 125.017 3.468
202209 2.530 125.227 2.662
202212 1.980 125.222 2.084
202303 1.520 127.348 1.573
202306 1.600 128.729 1.638
202309 1.320 129.860 1.339
202312 2.460 129.419 2.505
202403 2.060 131.776 2.060

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


Qualcomm  (NAS:QCOM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Qualcomm Shiller PE Ratio Related Terms

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


Qualcomm (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.
Executives
Cristiano R Amon officer: President 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James J Cathey officer: Chief Commercial Officer 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Alexander H Rogers officer: EVP & President, QTL 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Neil Martin officer: SVP, Finance and CAO 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James H Thompson officer: EVP, Qualcomm Technologies Inc 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Jeffrey William Henderson director 7000 CARDINAL PLACE, DUBLIN OH 43017
Erin L Polek officer: SVP Corporate Controller & CAO 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Akash J. Palkhiwala officer: SVP & Interim CFO 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ann C Chaplin officer: General Counsel&Corp Secretary 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Donald J Rosenberg officer: EVP, GC & Corporate Secretary QUALCOMM INCORPORATED, 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Brian Modoff officer: EVP, Strategy and M&A 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Gregory N Johnson director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sylvia Acevedo director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Randt Clark T. Jr. director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Jean-pascal Tricoire director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121

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