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Intel (UKEX:INTC) Cyclically Adjusted Book per Share : ₴759.04 (As of Mar. 2024)


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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 ₴1,001.794. 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 ₴759.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intel's average Cyclically Adjusted Book Growth Rate was 8.60% 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 (2024-06-05), Intel's current stock price is ₴1420.00. Intel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴759.04. Intel's Cyclically Adjusted PB Ratio of today is 1.87.

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 - - - 919.66 525.23

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 766.35 766.65 736.18 525.23 759.04

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)
=1001.794/131.7762*131.7762
=1,001.794

Current CPI (Mar. 2024) = 131.7762.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201406 481.848 100.560 631.428
201409 464.579 100.428 609.597
201412 473.481 99.070 629.794
201503 466.095 99.621 616.538
201506 488.477 100.684 639.324
201509 485.764 100.392 637.625
201512 520.243 99.792 686.983
201603 521.995 100.470 684.645
201606 522.313 101.688 676.858
201609 535.944 101.861 693.344
201612 563.431 101.863 728.891
201703 571.225 102.862 731.793
201706 587.693 103.349 749.343
201709 609.950 104.136 771.848
201712 592.580 104.011 750.765
201803 605.910 105.290 758.333
201806 611.319 106.317 757.710
201809 630.276 106.507 779.814
201812 664.420 105.998 826.005
201903 662.101 107.251 813.508
201906 680.807 108.070 830.152
201909 686.806 108.329 835.458
201912 727.010 108.420 883.624
202003 725.695 108.902 878.127
202006 775.970 108.767 940.121
202009 732.103 109.815 878.512
202012 802.828 109.897 962.663
202103 795.331 111.754 937.822
202106 845.169 114.631 971.576
202109 891.377 115.734 1,014.931
202112 943.162 117.630 1,056.591
202203 1,015.001 121.301 1,102.654
202206 992.001 125.017 1,045.636
202209 973.956 125.227 1,024.897
202212 986.562 125.222 1,038.201
202303 946.064 127.348 978.962
202306 970.647 128.729 993.626
202309 971.798 129.860 986.142
202312 1,004.989 129.419 1,023.290
202403 1,001.794 131.776 1,001.794

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


Intel  (UKEX: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
=1420.00/759.04
=1.87

* 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 (UKEX:INTC) Business Description

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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.