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Advanced Micro Devices (BSP:A1MD34) Cyclically Adjusted PB Ratio : 17.51 (As of May. 16, 2024)


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What is Advanced Micro Devices Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Advanced Micro Devices's current share price is R$102.25. Advanced Micro Devices's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$5.84. Advanced Micro Devices's Cyclically Adjusted PB Ratio for today is 17.51.

The historical rank and industry rank for Advanced Micro Devices's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:A1MD34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 15.65   Max: 105.01
Current: 17.12

During the past years, Advanced Micro Devices's highest Cyclically Adjusted PB Ratio was 105.01. The lowest was 0.49. And the median was 15.65.

BSP:A1MD34's Cyclically Adjusted PB Ratio is ranked worse than
95.31% of 682 companies
in the Semiconductors industry
Industry Median: 2.49 vs BSP:A1MD34: 17.12

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.

Advanced Micro Devices's adjusted book value per share data for the three months ended in Mar. 2024 was R$21.620. 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 R$5.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Micro Devices Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Advanced Micro Devices's Cyclically Adjusted PB 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.

Advanced Micro Devices Cyclically Adjusted PB Ratio Chart

Advanced Micro Devices Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.17 76.13 90.35 13.06 17.38

Advanced Micro Devices Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 16.68 16.81 13.41 17.38 19.35

Competitive Comparison of Advanced Micro Devices's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Advanced Micro Devices'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.


Advanced Micro Devices's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Advanced Micro Devices Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Advanced Micro Devices's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.25/5.84
=17.51

* 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.

Advanced Micro Devices's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Advanced Micro Devices'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)
=21.62/131.7762*131.7762
=21.620

Current CPI (Mar. 2024) = 131.7762.

Advanced Micro Devices Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.183 100.560 0.240
201409 0.202 100.428 0.265
201412 0.080 99.070 0.106
201503 0.009 99.621 0.012
201506 -0.070 100.684 -0.092
201509 -0.208 100.392 -0.273
201512 -0.252 99.792 -0.333
201603 -0.293 100.470 -0.384
201606 -0.222 101.688 -0.288
201609 0.169 101.861 0.219
201612 0.187 101.863 0.242
201703 0.170 102.862 0.218
201706 0.181 103.349 0.231
201709 0.211 104.136 0.267
201712 0.254 104.011 0.322
201803 0.302 105.290 0.378
201806 0.425 106.317 0.527
201809 0.578 106.507 0.715
201812 0.611 105.998 0.760
201903 0.793 107.251 0.974
201906 0.844 108.070 1.029
201909 1.006 108.329 1.224
201912 1.240 108.420 1.507
202003 1.584 108.902 1.917
202006 1.826 108.767 2.212
202009 2.172 109.815 2.606
202012 3.100 109.897 3.717
202103 3.755 111.754 4.428
202106 3.661 114.631 4.209
202109 3.885 115.734 4.423
202112 4.391 117.630 4.919
202203 21.247 121.301 23.082
202206 21.594 125.017 22.762
202209 22.177 125.227 23.337
202212 22.269 125.222 23.435
202303 22.132 127.348 22.902
202306 20.726 128.729 21.217
202309 21.012 129.860 21.322
202312 21.183 129.419 21.569
202403 21.620 131.776 21.620

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


Advanced Micro Devices  (BSP:A1MD34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Advanced Micro Devices Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Advanced Micro Devices's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Micro Devices (BSP:A1MD34) Business Description

Address
2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.

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