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NVDA (NVIDIA) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


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What is NVIDIA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NVIDIA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NVIDIA'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.

* Premium members only.

NVIDIA Cyclically Adjusted PB Ratio Chart

NVIDIA Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.09 61.71 39.57 100.19 138.76

NVIDIA Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 129.33 161.90 168.86 138.76 -

Competitive Comparison of NVIDIA's Cyclically Adjusted PB Ratio

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.


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NVIDIA 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.

NVIDIA's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, NVIDIA's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=3.407/135.3468*135.3468
=3.407

Current CPI (Apr. 2025) = 135.3468.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201507 0.194 100.691 0.261
201510 0.207 100.346 0.279
201601 0.208 99.957 0.282
201604 0.196 100.947 0.263
201607 0.209 101.524 0.279
201610 0.247 101.988 0.328
201701 0.246 102.456 0.325
201704 0.258 103.167 0.338
201707 0.249 103.278 0.326
201710 0.262 104.070 0.341
201801 0.308 104.578 0.399
201804 0.318 105.708 0.407
201807 0.362 106.324 0.461
201810 0.388 106.695 0.492
201901 0.385 106.200 0.491
201904 0.398 107.818 0.500
201907 0.424 108.250 0.530
201910 0.458 108.577 0.571
202001 0.498 108.841 0.619
202004 0.532 108.173 0.666
202007 0.564 109.318 0.698
202010 0.619 109.861 0.763
202101 0.681 110.364 0.835
202104 0.753 112.673 0.905
202107 0.847 115.183 0.995
202110 0.951 116.696 1.103
202201 1.062 118.619 1.212
202204 1.051 121.978 1.166
202207 0.958 125.002 1.037
202210 0.865 125.734 0.931
202301 0.896 126.223 0.961
202304 0.992 127.992 1.049
202307 1.114 128.974 1.169
202310 1.349 129.810 1.407
202401 1.744 130.124 1.814
202404 1.998 132.289 2.044
202407 2.368 132.708 2.415
202410 2.689 133.182 2.733
202501 3.241 134.029 3.273
202504 3.407 135.347 3.407

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.


NVIDIA  (NAS:NVDA) 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.


NVIDIA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of NVIDIA's Cyclically Adjusted PB Ratio 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.
Executives
Robertson Donald F Jr officer: Principal Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Kress Colette officer: Chief Financial Officer & EVP C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Aarti S. Shah director NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Robert K Burgess director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
John Dabiri director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Ajay K Puri officer: EVP, Worldwide Sales 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Mark A Stevens director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Jen Hsun Huang director, officer: President and CEO 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Debora Shoquist officer: EVP, Operations C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
Michael G Mccaffery director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
A Brooke Seawell director 2788 SAN TOMAS EXPRESSWAY, C/O NVIDIA CORPORATION, SANTA CLARA CA 94063
Persis Drell director 943 LATHROP PLACE, STANFORD CA 94305
Harvey C Jones director 300 RIDGEVIEW DRIVE, PALM BEACH FL 33480