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NVIDIA (XKAZ:NVDA_KZ) Cyclically Adjusted Book per Share : $0.72 (As of Jul. 2024)


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What is NVIDIA 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.

NVIDIA's adjusted book value per share for the three months ended in Jul. 2024 was $2.368. 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 $0.72 for the trailing ten years ended in Jul. 2024.

During the past 12 months, NVIDIA's average Cyclically Adjusted Book Growth Rate was 33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 NVIDIA was 26.70% per year. The lowest was 9.40% per year. And the median was 15.20% per year.

As of today (2024-09-21), NVIDIA's current stock price is $119.11. NVIDIA's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 was $0.72. NVIDIA's Cyclically Adjusted PB Ratio of today is 165.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NVIDIA was 196.84. The lowest was 3.01. And the median was 29.42.


NVIDIA Cyclically Adjusted Book per Share Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Cyclically Adjusted Book per Share Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.48 0.61

NVIDIA Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.54 0.57 0.61 0.68 0.72

Competitive Comparison of NVIDIA's Cyclically Adjusted Book per Share

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

Adj_Book= Book Value per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=2.368/132.7078*132.7078
=2.368

Current CPI (Jul. 2024) = 132.7078.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201410 0.193 100.176 0.256
201501 0.203 98.604 0.273
201504 0.212 99.824 0.282
201507 0.194 100.691 0.256
201510 0.207 100.346 0.274
201601 0.208 99.957 0.276
201604 0.196 100.947 0.258
201607 0.209 101.524 0.273
201610 0.247 101.988 0.321
201701 0.246 102.456 0.319
201704 0.258 103.167 0.332
201707 0.249 103.278 0.320
201710 0.262 104.070 0.334
201801 0.308 104.578 0.391
201804 0.318 105.708 0.399
201807 0.362 106.324 0.452
201810 0.388 106.695 0.483
201901 0.385 106.200 0.481
201904 0.398 107.818 0.490
201907 0.424 108.250 0.520
201910 0.458 108.577 0.560
202001 0.475 108.841 0.579
202004 0.532 108.173 0.653
202007 0.564 109.318 0.685
202010 0.619 109.861 0.748
202101 0.681 110.364 0.819
202104 0.753 112.673 0.887
202107 0.847 115.183 0.976
202110 0.951 116.696 1.081
202201 1.062 118.619 1.188
202204 1.051 121.978 1.143
202207 0.958 125.002 1.017
202210 0.865 125.734 0.913
202301 0.896 126.223 0.942
202304 0.992 127.992 1.029
202307 1.114 128.974 1.146
202310 1.349 129.810 1.379
202401 1.744 130.124 1.779
202404 1.998 132.289 2.004
202407 2.368 132.708 2.368

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


NVIDIA  (XKAZ:NVDA_KZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.11/0.72
=165.43

* 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 NVIDIA was 196.84. The lowest was 3.01. And the median was 29.42.


Be Aware

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


NVIDIA Cyclically Adjusted Book per Share Related Terms

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


NVIDIA 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.

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