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Advanced Micro Devices (HAM:AMD) Cyclically Adjusted PB Ratio : 17.06 (As of May. 19, 2024)


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What is Advanced Micro Devices Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Advanced Micro Devices's current share price is €150.78. Advanced Micro Devices's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.84. Advanced Micro Devices's Cyclically Adjusted PB Ratio for today is 17.06.

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

HAM:AMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 15.62   Max: 105.01
Current: 17.34

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 15.62.

HAM:AMD's Cyclically Adjusted PB Ratio is ranked worse than
95.75% of 683 companies
in the Semiconductors industry
Industry Median: 2.52 vs HAM:AMD: 17.34

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 €31.954. 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 €8.84 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 19.03

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
=150.78/8.84
=17.06

* 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)
=31.954/131.7762*131.7762
=31.954

Current CPI (Mar. 2024) = 131.7762.

Advanced Micro Devices Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.482 100.560 0.632
201409 0.536 100.428 0.703
201412 0.195 99.070 0.259
201503 0.020 99.621 0.026
201506 -0.161 100.684 -0.211
201509 -0.379 100.392 -0.497
201512 -0.478 99.792 -0.631
201603 -0.570 100.470 -0.748
201606 -0.462 101.688 -0.599
201609 0.370 101.861 0.479
201612 0.422 101.863 0.546
201703 0.406 102.862 0.520
201706 0.392 103.349 0.500
201709 0.452 104.136 0.572
201712 0.521 104.011 0.660
201803 0.598 105.290 0.748
201806 0.772 106.317 0.957
201809 0.965 106.507 1.194
201812 1.107 105.998 1.376
201903 1.462 107.251 1.796
201906 1.549 108.070 1.889
201909 1.774 108.329 2.158
201912 2.175 108.420 2.644
202003 2.347 108.902 2.840
202006 2.500 108.767 3.029
202009 2.731 109.815 3.277
202012 3.962 109.897 4.751
202103 4.478 111.754 5.280
202106 4.834 114.631 5.557
202109 5.005 115.734 5.699
202112 5.497 117.630 6.158
202203 31.014 121.301 33.692
202206 32.376 125.017 34.127
202209 34.173 125.227 35.960
202212 32.062 125.222 33.740
202303 31.749 127.348 32.853
202306 31.531 128.729 32.277
202309 31.893 129.860 32.364
202312 31.716 129.419 32.294
202403 31.954 131.776 31.954

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  (HAM:AMD) 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 (HAM:AMD) 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.