GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (NAS:NVDA) » Definitions » Cyclically Adjusted Book per Share

NVIDIA (NVIDIA) Cyclically Adjusted Book per Share : $6.11 (As of Jan. 2024)


View and export this data going back to 1999. Start your Free Trial

What is NVIDIA 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.

NVIDIA's adjusted book value per share for the three months ended in Jan. 2024 was $17.442. 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 $6.11 for the trailing ten years ended in Jan. 2024.

During the past 12 months, NVIDIA's average Cyclically Adjusted Book Growth Rate was 23.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 NVIDIA was 26.60% per year. The lowest was 10.30% per year. And the median was 14.90% per year.

As of today (2024-04-27), NVIDIA's current stock price is $877.35. NVIDIA's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $6.11. NVIDIA's Cyclically Adjusted PB Ratio of today is 143.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NVIDIA was 154.32. The lowest was 2.91. And the median was 23.61.


NVIDIA Cyclically Adjusted Book per Share Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Cyclically Adjusted Book per Share Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 3.01 3.97 4.94 6.11

NVIDIA Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.94 5.19 5.45 5.76 6.11

Competitive Comparison of NVIDIA's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, NVIDIA'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.


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

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

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



NVIDIA 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, NVIDIA's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=17.442/129.4194*129.4194
=17.442

Current CPI (Jan. 2024) = 129.4194.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.867 100.023 2.416
201407 1.986 100.520 2.557
201410 1.934 100.176 2.499
201501 2.027 98.604 2.660
201504 2.117 99.824 2.745
201507 1.941 100.691 2.495
201510 2.075 100.346 2.676
201601 2.077 99.957 2.689
201604 1.964 100.947 2.518
201607 2.093 101.524 2.668
201610 2.469 101.988 3.133
201701 2.462 102.456 3.110
201704 2.576 103.167 3.231
201707 2.489 103.278 3.119
201710 2.620 104.070 3.258
201801 3.082 104.578 3.814
201804 3.178 105.708 3.891
201807 3.616 106.324 4.401
201810 3.883 106.695 4.710
201901 3.854 106.200 4.697
201904 3.984 107.818 4.782
201907 4.243 108.250 5.073
201910 4.581 108.577 5.460
202001 4.981 108.841 5.923
202004 5.325 108.173 6.371
202007 5.638 109.318 6.675
202010 6.193 109.861 7.296
202101 6.812 110.364 7.988
202104 7.534 112.673 8.654
202107 8.472 115.183 9.519
202110 9.512 116.696 10.549
202201 10.619 118.619 11.586
202204 10.511 121.978 11.152
202207 9.583 125.002 9.922
202210 8.650 125.734 8.904
202301 8.962 126.223 9.189
202304 9.915 127.992 10.026
202307 11.139 128.974 11.177
202310 13.489 129.810 13.448
202401 17.442 129.419 17.442

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


NVIDIA  (NAS:NVDA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=877.35/6.11
=143.59

* 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 NVIDIA was 154.32. The lowest was 2.91. And the median was 23.61.


Be Aware

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


NVIDIA Cyclically Adjusted Book per Share Related Terms

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


NVIDIA (NVIDIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (NAS:NVDA) » Definitions » Cyclically Adjusted Book per Share
Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
Executives
Mark A Stevens director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Debora Shoquist officer: EVP, Operations C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Robertson Donald F Jr officer: Principal Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
John Dabiri director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Jen Hsun Huang director, officer: President and CEO 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Kress Colette officer: Chief Financial Officer & EVP C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
A Brooke Seawell director 2788 SAN TOMAS EXPRESSWAY, C/O NVIDIA CORPORATION, SANTA CLARA CA 94063
Harvey C Jones director 300 RIDGEVIEW DRIVE, PALM BEACH FL 33480
Persis Drell director 943 LATHROP PLACE, STANFORD CA 94305
Mark L Perry director 176 WEST BLITHEDALE AVE, MILL VALLEY CA 94941
Robert K Burgess director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Michael G Mccaffery director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051

NVIDIA (NVIDIA) Headlines

From GuruFocus

NVIDIA Corp at Rosenblatt Technology Summit Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp at Nasdaq Investor Conference Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp at JPMorgan Healthcare Conference Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corporation - Special Call Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corporation - Special Call Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp at Wells Fargo TMT Summit Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp GTC Financial Analyst Q&A Transcript

By GuruFocus Research 01-23-2024