GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intel Corp (BUE:INTC) » Definitions » Cyclically Adjusted Book per Share

Intel (BUE:INTC) Cyclically Adjusted Book per Share : ARS4,405.09 (As of Mar. 2024)


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

What is Intel Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Intel's adjusted book value per share for the three months ended in Mar. 2024 was ARS104,868.429. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS4,405.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intel's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Intel was 23.70% per year. The lowest was 4.20% per year. And the median was 10.20% per year.

As of today (2024-05-14), Intel's current stock price is ARS6576.00. Intel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS4,405.09. Intel's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intel was 5.16. The lowest was 1.35. And the median was 3.48.


Intel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intel's Cyclically Adjusted Book per Share 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.

Intel Cyclically Adjusted Book per Share Chart

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.38 400.29 667.11 1,270.88 3,948.31

Intel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 1,558.27 2,012.74 3,303.79 3,948.31 4,405.09

Competitive Comparison of Intel's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Intel's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Intel's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Intel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Intel's Cyclically Adjusted PB Ratio falls into.



Intel Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Intel's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=104868.429/129.4194*129.4194
=104,868.429

Current CPI (Mar. 2024) = 129.4194.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201406 486.441 100.560 626.046
201409 485.978 100.428 626.271
201412 503.056 99.070 657.166
201503 510.769 99.621 663.548
201506 551.489 100.684 708.886
201509 567.487 100.392 731.574
201512 836.638 99.792 1,085.024
201603 947.185 100.470 1,220.102
201606 907.248 101.688 1,154.663
201609 993.322 101.861 1,262.064
201612 1,109.776 101.863 1,410.001
201703 1,094.217 102.862 1,376.724
201706 1,203.968 103.349 1,507.675
201709 1,328.042 104.136 1,650.486
201712 1,405.929 104.011 1,749.376
201803 1,516.904 105.290 1,864.543
201806 1,894.353 106.317 2,305.995
201809 2,881.795 106.507 3,501.753
201812 3,112.708 105.998 3,800.498
201903 3,215.779 107.251 3,880.487
201906 3,779.410 108.070 4,526.059
201909 4,772.480 108.329 5,701.605
201912 5,399.409 108.420 6,445.191
202003 5,596.645 108.902 6,651.097
202006 6,600.523 108.767 7,853.792
202009 6,753.159 109.815 7,958.754
202012 8,117.765 109.897 9,559.844
202103 8,901.702 111.754 10,308.793
202106 9,947.818 114.631 11,231.134
202109 10,829.490 115.734 12,110.032
202112 11,834.812 117.630 13,021.005
202203 13,541.115 121.301 14,447.391
202206 14,831.420 125.017 15,353.724
202209 16,814.903 125.227 17,377.908
202212 20,550.599 125.222 21,239.482
202303 23,221.716 127.348 23,599.470
202306 28,944.699 128.729 29,100.003
202309 42,255.053 129.860 42,111.849
202312 45,078.039 129.419 45,078.039
202403 104,868.429 129.419 104,868.429

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Intel  (BUE:INTC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Intel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6576.00/4405.09
=1.49

* 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 Cyclically Adjusted PB Ratio of Intel was 5.16. The lowest was 1.35. And the median was 3.48.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Intel Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Intel's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Intel (BUE:INTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intel Corp (BUE:INTC) » Definitions » Cyclically Adjusted Book per Share
Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

Intel (BUE:INTC) Headlines

From GuruFocus

Q4 2022 Intel Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intel Corp To Discuss AI Everywhere Call Transcript

By GuruFocus Research 01-23-2024

Intel Corp at UBS Global TMT Conference Transcript

By GuruFocus Research 01-23-2024

Intel Corp To Discuss Business Update Call Transcript

By GuruFocus Research 01-23-2024

Intel Corp Innovation- Q&A Session Transcript

By GuruFocus Research 01-23-2024

Intel Corp at CES Transcript

By GuruFocus Research 01-23-2024