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Intel (NEOE:INTC) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 06, 2024)


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What is Intel Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Intel's current share price is C$18.27. Intel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$12.42. Intel's Cyclically Adjusted PB Ratio for today is 1.47.

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

NEOE:INTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 3.48   Max: 5.16
Current: 1.48

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

NEOE:INTC's Cyclically Adjusted PB Ratio is ranked better than
70.2% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs NEOE:INTC: 1.48

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 adjusted book value per share data for the three months ended in Mar. 2024 was C$33.697. 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 C$12.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Intel'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.

Intel Cyclically Adjusted PB Ratio Chart

Intel 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 4.51 3.49 3.15 1.42 2.48

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 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 1.70 1.70 1.77 2.48 2.12

Competitive Comparison of Intel's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.27/12.42
=1.47

* 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.

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

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)
=33.697/131.7762*131.7762
=33.697

Current CPI (Mar. 2024) = 131.7762.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.968 100.560 16.994
201409 12.712 100.428 16.680
201412 13.569 99.070 18.049
201503 14.615 99.621 19.332
201506 15.009 100.684 19.644
201509 16.014 100.392 21.020
201512 17.728 99.792 23.410
201603 17.156 100.470 22.502
201606 16.736 101.688 21.688
201609 17.458 101.861 22.585
201612 18.676 101.863 24.160
201703 19.003 102.862 24.345
201706 19.416 103.349 24.757
201709 18.612 104.136 23.552
201712 18.803 104.011 23.822
201803 19.473 105.290 24.372
201806 19.939 106.317 24.714
201809 20.414 106.507 25.257
201812 22.184 105.998 27.579
201903 22.000 107.251 27.031
201906 22.482 108.070 27.414
201909 22.599 108.329 27.490
201912 23.791 108.420 28.916
202003 25.175 108.902 30.463
202006 26.132 108.767 31.660
202009 24.069 109.815 28.882
202012 25.554 109.897 30.642
202103 24.841 111.754 29.291
202106 25.665 114.631 29.504
202109 28.067 115.734 31.957
202112 30.000 117.630 33.608
202203 31.932 121.301 34.690
202206 31.563 125.017 33.270
202209 32.284 125.227 33.973
202212 33.305 125.222 35.048
202303 32.168 127.348 33.287
202306 32.047 128.729 32.806
202309 32.676 129.860 33.158
202312 33.505 129.419 34.115
202403 33.697 131.776 33.697

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.


Intel  (NEOE:INTC) 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.


Intel Cyclically Adjusted PB Ratio Related Terms

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


Intel (NEOE:INTC) Business Description

Industry
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.