GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (HAM:NVD) » Definitions » Cyclically Adjusted PB Ratio

NVIDIA (HAM:NVD) Cyclically Adjusted PB Ratio : 153.17 (As of May. 25, 2024)


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

What is NVIDIA Cyclically Adjusted PB Ratio?

As of today (2024-05-25), NVIDIA's current share price is €960.40. NVIDIA's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €6.27. NVIDIA's Cyclically Adjusted PB Ratio for today is 153.17.

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

HAM:NVD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 23.95   Max: 155.92
Current: 155.92

During the past years, NVIDIA's highest Cyclically Adjusted PB Ratio was 155.92. The lowest was 2.95. And the median was 23.95.

HAM:NVD's Cyclically Adjusted PB Ratio is ranked worse than
100% of 684 companies
in the Semiconductors industry
Industry Median: 2.53 vs HAM:NVD: 155.92

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 adjusted book value per share data for the three months ended in Apr. 2024 was €18.619. 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 €6.27 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVIDIA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Cyclically Adjusted PB Ratio Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.15 43.09 61.71 39.57 100.18

NVIDIA Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 53.50 85.80 70.85 100.18 129.78

Competitive Comparison of NVIDIA's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=960.40/6.27
=153.17

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=18.619/131.7762*131.7762
=18.619

Current CPI (Apr. 2024) = 131.7762.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201407 1.468 100.520 1.924
201410 1.526 100.176 2.007
201501 1.745 98.604 2.332
201504 1.956 99.824 2.582
201507 1.764 100.691 2.309
201510 1.849 100.346 2.428
201601 1.913 99.957 2.522
201604 1.731 100.947 2.260
201607 1.895 101.524 2.460
201610 2.242 101.988 2.897
201701 2.315 102.456 2.977
201704 2.404 103.167 3.071
201707 2.158 103.278 2.753
201710 2.230 104.070 2.824
201801 2.527 104.578 3.184
201804 2.590 105.708 3.229
201807 3.096 106.324 3.837
201810 3.378 106.695 4.172
201901 3.376 106.200 4.189
201904 3.545 107.818 4.333
201907 3.785 108.250 4.608
201910 4.141 108.577 5.026
202001 4.488 108.841 5.434
202004 4.899 108.173 5.968
202007 4.905 109.318 5.913
202010 5.264 109.861 6.314
202101 5.592 110.364 6.677
202104 6.298 112.673 7.366
202107 7.168 115.183 8.201
202110 8.199 116.696 9.259
202201 9.387 118.619 10.428
202204 9.733 121.978 10.515
202207 9.420 125.002 9.930
202210 8.780 125.734 9.202
202301 8.317 126.223 8.683
202304 9.043 127.992 9.310
202307 10.069 128.974 10.288
202310 12.775 129.810 12.969
202401 16.012 130.124 16.215
202404 18.619 131.776 18.619

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.


NVIDIA  (HAM:NVD) 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.


NVIDIA Cyclically Adjusted PB Ratio Related Terms

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


NVIDIA (HAM:NVD) Business Description

Industry
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.

NVIDIA (HAM:NVD) Headlines