Intel (WAR:INTL) Cyclically Adjusted PB Ratio: (As of Sep. 01, 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.

WAR:INTL Intel Corp WAR:INTL
48 GF Score
Price zł342.90
GF Value zł122.17
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Intel Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intel  (WAR:INTL) 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 5.89

WAR:INTL vs TXN, MRVL, AMD: 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.


WAR:INTL
48GF Score
Intel Corp WAR:INTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=64.957/333.9520*333.9520
=64.957

Current CPI (Jun. 2026) = 333.9520.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201609 49.836 241.428 68.935
201612 52.392 241.432 72.469
201703 53.117 243.801 72.758
201706 54.648 244.955 74.503
201709 56.718 246.819 76.741
201712 55.102 246.524 74.644
201803 56.342 249.554 75.397
201806 56.845 251.989 75.335
201809 58.608 252.439 77.533
201812 61.783 251.233 82.125
201903 61.567 254.202 80.882
201906 63.306 256.143 82.537
201909 63.864 256.759 83.064
201912 67.603 256.974 87.854
202003 67.480 258.115 87.306
202006 72.155 257.797 93.470
202009 68.076 260.280 87.345
202012 74.653 260.474 95.712
202103 73.956 264.877 93.242
202106 78.590 271.696 96.598
202109 82.887 274.310 100.909
202112 87.702 278.802 105.050
202203 94.382 287.504 109.630
202206 92.243 296.311 103.961
202209 90.565 296.808 101.899
202212 91.738 296.797 103.222
202303 87.972 301.836 97.332
202306 90.258 305.109 98.790
202309 90.365 307.789 98.046
202312 93.451 306.746 101.739
202403 93.154 312.332 99.602
202406 100.837 314.175 107.185
202409 86.434 315.301 91.547
202412 85.788 315.605 90.775
202503 85.576 319.799 89.363
202506 83.681 322.561 86.636
202509 83.519 324.800 85.872
202512 85.629 324.054 88.244
202603 82.984 330.213 83.924
202606 64.957 333.952 64.957

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 (WAR:INTL) Overvalued in 2026?

Based on GuruFocus' analysis, Intel stock appears to be overvalued. The current stock price of zł342.90 is trading 180.7% above its estimated GF Value™ of zł122.17. GuruFocus considers Intel to be Significantly Overvalued.

Key valuation signals for WAR:INTL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: zł122.17 vs. price of zł342.90 (180.7% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the WAR:INTL 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.
48GF Score

Get the complete analysis for WAR:INTL

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

zł342.90
Price
zł122.17
GF Value