Intel (LIM:INTC) 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.

LIM:INTC Intel Corp LIM:INTC
52 GF Score
Price $104.00
GF Value $29.35
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  (LIM:INTC) 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

LIM:INTC 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.


LIM:INTC
52GF Score
Intel Corp LIM:INTC
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)
=17.152/333.9520*333.9520
=17.152

Current CPI (Jun. 2026) = 333.9520.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.318 241.428 18.422
201612 14.001 241.432 19.366
201703 14.195 243.801 19.444
201706 14.604 244.955 19.910
201709 15.157 246.819 20.508
201712 14.726 246.524 19.948
201803 15.057 249.554 20.149
201806 15.191 251.989 20.132
201809 15.662 252.439 20.719
201812 16.511 251.233 21.947
201903 16.453 254.202 21.615
201906 16.918 256.143 22.057
201909 17.067 256.759 22.198
201912 18.066 256.974 23.478
202003 18.034 258.115 23.333
202006 19.283 257.797 24.979
202009 18.193 260.280 23.343
202012 19.950 260.474 25.578
202103 19.764 264.877 24.918
202106 21.002 271.696 25.814
202109 22.151 274.310 26.967
202112 23.438 278.802 28.074
202203 25.223 287.504 29.298
202206 24.651 296.311 27.782
202209 24.203 296.808 27.232
202212 24.516 296.797 27.585
202303 23.510 301.836 26.012
202306 24.121 305.109 26.401
202309 24.149 307.789 26.202
202312 24.974 306.746 27.189
202403 24.895 312.332 26.618
202406 26.948 314.175 28.644
202409 23.099 315.301 24.465
202412 22.926 315.605 24.259
202503 22.869 319.799 23.881
202506 22.363 322.561 23.153
202509 22.320 324.800 22.949
202512 22.884 324.054 23.583
202603 22.177 330.213 22.428
202606 17.152 333.952 17.152

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 (LIM:INTC) Overvalued in 2026?

Based on GuruFocus' analysis, Intel stock appears to be overvalued. The current stock price of $104.00 is trading 254.3% above its estimated GF Value™ of $29.35. GuruFocus considers Intel to be Significantly Overvalued.

Key valuation signals for LIM:INTC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $29.35 vs. price of $104.00 (254.3% above fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the LIM:INTC 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.
52GF Score

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

$104.00
Price
$29.35
GF Value