Intel (CHIX:INLD) Cyclically Adjusted PB Ratio: (As of Jul. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:INLD Intel Corp CHIX:INLD
62 GF Score
Price €108.20
GF Value €30.54
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Intel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Intel  (CHIX:INLd) 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.


Intel Cyclically Adjusted PB Ratio Related Terms


Intel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Intel'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.

Intel Cyclically Adjusted PB Ratio Chart

Intel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.42 2.48 0.92 1.61

Intel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.99 1.47 1.61 1.88 0.00

CHIX:INLD vs AMD, TXN, MRVL: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


CHIX:INLD
62GF Score
Intel Corp CHIX:INLD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Intel 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.

Intel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Intel's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.888/333.9520*333.9520
=14.888

Current CPI (Jun. 2026) = 333.9520.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.867 241.428 16.415
201612 13.273 241.432 18.359
201703 13.272 243.801 18.180
201706 12.998 244.955 17.720
201709 12.717 246.819 17.206
201712 12.443 246.524 16.856
201803 12.211 249.554 16.341
201806 13.004 251.989 17.234
201809 13.423 252.439 17.757
201812 14.513 251.233 19.291
201903 14.561 254.202 19.129
201906 14.972 256.143 19.520
201909 15.497 256.759 20.156
201912 16.260 256.974 21.131
202003 16.320 258.115 21.115
202006 17.123 257.797 22.181
202009 15.446 260.280 19.818
202012 16.399 260.474 21.025
202103 16.602 264.877 20.931
202106 17.432 271.696 21.426
202109 18.828 274.310 22.922
202112 20.742 278.802 24.845
202203 22.902 287.504 26.602
202206 23.320 296.311 26.282
202209 24.445 296.808 27.504
202212 23.143 296.797 26.040
202303 21.958 301.836 24.294
202306 22.263 305.109 24.368
202309 22.628 307.789 24.551
202312 22.901 306.746 24.932
202403 22.903 312.332 24.488
202406 25.035 314.175 26.611
202409 20.812 315.301 22.043
202412 21.894 315.605 23.167
202503 21.154 319.799 22.090
202506 19.389 322.561 20.074
202509 19.016 324.800 19.552
202512 19.543 324.054 20.140
202603 19.183 330.213 19.400
202606 14.888 333.952 14.888

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.

Is Intel (CHIX:INLD) Overvalued in 2026?

Based on GuruFocus' analysis, Intel stock appears to be overvalued. The current stock price of €108.20 is trading 254.3% above its estimated GF Value™ of €30.54. GuruFocus considers Intel to be Significantly Overvalued.

Key valuation signals for CHIX:INLD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €30.54 vs. price of €108.20 (254.3% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Intel Business Description

Address 2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker focused on designing and manufacturing microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and led the semiconductor industry down the path 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. The company is seeking to reinvigorate its chip manufacturing business, Intel Foundry, while developing leading-edge products in its Intel Products business segment.
62GF Score

Get the complete analysis for CHIX:INLD

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

€108.20
Price
€30.54
GF Value