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Cisco Systems (XSGO:CSCO) Shiller PE Ratio : 18.27 (As of May. 23, 2024)


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What is Cisco Systems Shiller PE Ratio?

As of today (2024-05-23), Cisco Systems's current share price is $56.65. Cisco Systems's E10 for the quarter that ended in Apr. 2024 was $3.10. Cisco Systems's Shiller PE Ratio for today is 18.27.

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

XSGO:CSCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.26   Med: 20.68   Max: 35.03
Current: 18.43

During the past years, Cisco Systems's highest Shiller PE Ratio was 35.03. The lowest was 15.26. And the median was 20.68.

XSGO:CSCO's Shiller PE Ratio is ranked better than
63.73% of 1384 companies
in the Hardware industry
Industry Median: 24.285 vs XSGO:CSCO: 18.43

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.

Cisco Systems's adjusted earnings per share data for the three months ended in Apr. 2024 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.10 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Shiller PE Ratio Historical Data

The historical data trend for Cisco Systems'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.

Cisco Systems Shiller PE Ratio Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 25.68 27.05 19.55 21.16

Cisco Systems Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 19.70 21.16 20.72 19.67 18.25

Competitive Comparison of Cisco Systems's Shiller PE Ratio

For the Communication Equipment subindustry, Cisco Systems'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.


Cisco Systems's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's Shiller PE Ratio distribution charts can be found below:

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



Cisco Systems 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.

Cisco Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=56.65/3.1
=18.27

* 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.

Cisco Systems's E10 for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.46/131.7762*131.7762
=0.460

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.430 100.520 0.564
201410 0.350 100.176 0.460
201501 0.460 98.604 0.615
201504 0.470 99.824 0.620
201507 0.450 100.691 0.589
201510 0.480 100.346 0.630
201601 0.620 99.957 0.817
201604 0.460 100.947 0.600
201607 0.560 101.524 0.727
201610 0.460 101.988 0.594
201701 0.470 102.456 0.604
201704 0.500 103.167 0.639
201707 0.480 103.278 0.612
201710 0.480 104.070 0.608
201801 -1.780 104.578 -2.243
201804 0.560 105.708 0.698
201807 0.810 106.324 1.004
201810 0.770 106.695 0.951
201901 0.630 106.200 0.782
201904 0.690 107.818 0.843
201907 0.510 108.250 0.621
201910 0.680 108.577 0.825
202001 0.680 108.841 0.823
202004 0.650 108.173 0.792
202007 0.620 109.318 0.747
202010 0.510 109.861 0.612
202101 0.600 110.364 0.716
202104 0.680 112.673 0.795
202107 0.710 115.183 0.812
202110 0.700 116.696 0.790
202201 0.710 118.619 0.789
202204 0.730 121.978 0.789
202207 0.680 125.002 0.717
202210 0.650 125.734 0.681
202301 0.670 126.223 0.699
202304 0.780 127.992 0.803
202307 0.970 128.974 0.991
202310 0.890 129.810 0.903
202401 0.650 130.124 0.658
202404 0.460 131.776 0.460

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.


Cisco Systems  (XSGO:CSCO) 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.


Cisco Systems Shiller PE Ratio Related Terms

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


Cisco Systems (XSGO:CSCO) Business Description

Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.