AMD (Advanced Micro Devices) Cyclically Adjusted Book per Share: $17.58 (As of Mar. 2026)


AMD Advanced Micro Devices Inc AMD
81 GF Score
Price $521.58
GF Value $236.83
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Advanced Micro Devices Cyclically Adjusted Book per Share?

Advanced Micro Devices AMD -2.06% 81 Cyclically Adjusted Book per Share is $17.58 as of Mar. 2026. GuruFocus rates AMD with a GF Score™ of 81/100 and a GF Value™ of $236.83 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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.

Advanced Micro Devices's adjusted book value per share for the three months ended in Mar. 2026 was $39.537. 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 $17.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Advanced Micro Devices's average Cyclically Adjusted Book Growth Rate was 32.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 48.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 75.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 28.30% 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 Advanced Micro Devices was 97.10% per year. The lowest was -37.70% per year. And the median was 0.10% per year.

As of today (2026-06-27), Advanced Micro Devices's current stock price is $521.58. Advanced Micro Devices's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.58. Advanced Micro Devices's Cyclically Adjusted PB Ratio of today is 29.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advanced Micro Devices was 105.01. The lowest was 2.20. And the median was 17.78.


Advanced Micro Devices  (NAS:AMD) 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.

Advanced Micro Devices's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=521.58/17.58
=29.67

* 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 Advanced Micro Devices was 105.01. The lowest was 2.20. And the median was 17.78.


Be Aware

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


Advanced Micro Devices Cyclically Adjusted Book per Share Related Terms


Advanced Micro Devices Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Advanced Micro Devices'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.

Advanced Micro Devices Cyclically Adjusted Book per Share Chart

Advanced Micro Devices Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 4.96 8.48 12.17 16.26

Advanced Micro Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.23 14.27 15.32 16.26 17.58

AMD vs MU, INTC, TXN: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


AMD
81GF Score
Advanced Micro Devices Inc AMD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro Devices 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, Advanced Micro Devices's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=39.537/330.2130*330.2130
=39.537

Current CPI (Mar. 2026) = 330.2130.

Advanced Micro Devices Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.519 241.018 -0.711
201609 0.416 241.428 0.569
201612 0.445 241.432 0.609
201703 0.434 243.801 0.588
201706 0.440 244.955 0.593
201709 0.539 246.819 0.721
201712 0.616 246.524 0.825
201803 0.738 249.554 0.977
201806 0.902 251.989 1.182
201809 1.126 252.439 1.473
201812 1.260 251.233 1.656
201903 1.652 254.202 2.146
201906 1.750 256.143 2.256
201909 1.953 256.759 2.512
201912 2.416 256.974 3.105
202003 2.594 258.115 3.319
202006 2.815 257.797 3.606
202009 3.217 260.280 4.081
202012 4.820 260.474 6.111
202103 5.331 264.877 6.646
202106 5.824 271.696 7.078
202109 5.888 274.310 7.088
202112 6.211 278.802 7.356
202203 34.156 287.504 39.230
202206 34.224 296.311 38.140
202209 33.835 296.808 37.643
202212 33.964 296.797 37.788
202303 33.993 301.836 37.189
202306 34.161 305.109 36.972
202309 34.037 307.789 36.517
202312 34.587 306.746 37.233
202403 34.733 312.332 36.721
202406 34.943 314.175 36.727
202409 35.111 315.301 36.772
202412 35.492 315.605 37.135
202503 35.811 319.799 36.977
202506 36.785 322.561 37.658
202509 37.340 324.800 37.962
202512 38.650 324.054 39.385
202603 39.537 330.213 39.537

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

What does a Cyclically Adjusted Book per Share of $17.58 mean?
Advanced Micro Devices (AMD) has a Cyclically Adjusted Book per Share of $17.58 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Advanced Micro Devices and its competitors.
Is Advanced Micro Devices' Cyclically Adjusted Book per Share too high?
Advanced Micro Devices' current Cyclically Adjusted Book per Share is $17.58. Overall, Advanced Micro Devices has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro Devices' Cyclically Adjusted Book per Share compare to MU and INTC?
Advanced Micro Devices' Cyclically Adjusted Book per Share of $17.58 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Advanced Micro Devices and its competitors. Advanced Micro Devices's current Cyclically Adjusted Book per Share is $17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro Devices stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro Devices (AMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $236.83, compared to a current price of $521.58 — trading 120.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is $17.58. Advanced Micro Devices' overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Advanced Micro Devices (AMD), the current Cyclically Adjusted Book per Share is $17.58 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Advanced Micro Devices (AMD) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued. The current stock price of $521.58 is trading 120.2% above its estimated GF Value™ of $236.83. GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.

Key valuation signals for AMD:

  • Cyclically Adjusted Book per Share: $17.58
  • GF Value™: $236.83 vs. price of $521.58 (120.2% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the AMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro Devices 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 (including artificial intelligence), industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
81GF Score

Get the complete analysis for AMD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$521.58
Price
$236.83
GF Value