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Intel (BSP:ITLC34) Cyclically Adjusted Book per Share : R$17.15 (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 R$20.662. 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 R$17.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Intel's average Cyclically Adjusted Book Growth Rate was -100.00% 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 10.35% per year.

As of today (2024-04-30), Intel's current stock price is R$26.59. Intel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$17.15. Intel's Cyclically Adjusted PB Ratio of today is 1.55.

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 8.89 12.14 15.38 16.34 16.34

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 16.26 15.66 16.77 16.34 17.15

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)
=20.662/129.4194*129.4194
=20.662

Current CPI (Mar. 2024) = 129.4194.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.462 100.560 5.743
201409 4.498 100.428 5.796
201412 5.181 99.070 6.768
201503 6.064 99.621 7.878
201506 6.295 100.684 8.092
201509 7.853 100.392 10.124
201512 8.362 99.792 10.845
201603 7.995 100.470 10.299
201606 7.406 101.688 9.426
201609 7.221 101.861 9.175
201612 7.827 101.863 9.944
201703 7.399 102.862 9.309
201706 8.021 103.349 10.044
201709 7.913 104.136 9.834
201712 8.087 104.011 10.063
201803 8.229 105.290 10.115
201806 9.548 106.317 11.623
201809 10.725 106.507 13.032
201812 10.686 105.998 13.047
201903 10.532 107.251 12.709
201906 10.872 108.070 13.020
201909 11.718 108.329 13.999
201912 12.359 108.420 14.753
202003 14.686 108.902 17.453
202006 16.675 108.767 19.841
202009 16.373 109.815 19.296
202012 17.106 109.897 20.145
202103 18.562 111.754 21.496
202106 17.602 114.631 19.873
202109 19.489 115.734 21.793
202112 22.090 117.630 24.304
202203 20.920 121.301 22.320
202206 20.739 125.017 21.469
202209 21.152 125.227 21.860
202212 21.433 125.222 22.151
202303 20.409 127.348 20.741
202306 19.512 128.729 19.617
202309 19.878 129.860 19.811
202312 20.395 129.419 20.395
202403 20.662 129.419 20.662

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


Intel  (BSP:ITLC34) 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
=26.59/17.15
=1.55

* 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 (BSP:ITLC34) 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.

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