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Intel (XSWX:INTC) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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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 Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Intel Cyclically Adjusted PB Ratio Chart

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 3.49 3.15 1.42 2.48

Intel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.70 1.70 1.77 2.48 2.12

Competitive Comparison of Intel's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 Mar. 2024 is calculated as:

For example, Intel's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.762/131.7762*131.7762
=22.762

Current CPI (Mar. 2024) = 131.7762.

Intel Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.726 100.560 14.056
201409 10.817 100.428 14.194
201412 11.475 99.070 15.263
201503 11.348 99.621 15.011
201506 11.314 100.684 14.808
201509 11.739 100.392 15.409
201512 12.865 99.792 16.988
201603 12.726 100.470 16.691
201606 12.584 101.688 16.307
201609 12.961 101.861 16.767
201612 14.273 101.863 18.464
201703 14.216 102.862 18.212
201706 14.138 103.349 18.027
201709 14.589 104.136 18.461
201712 14.534 104.011 18.414
201803 14.274 105.290 17.865
201806 15.039 106.317 18.640
201809 15.166 106.507 18.764
201812 16.377 105.998 20.360
201903 16.461 107.251 20.225
201906 16.715 108.070 20.382
201909 16.907 108.329 20.566
201912 17.752 108.420 21.576
202003 17.300 108.902 20.934
202006 18.344 108.767 22.225
202009 16.645 109.815 19.974
202012 17.724 109.897 21.253
202103 18.377 111.754 21.669
202106 19.066 114.631 21.918
202109 20.441 115.734 23.274
202112 21.586 117.630 24.182
202203 23.442 121.301 25.466
202206 23.917 125.017 25.210
202209 23.557 125.227 24.789
202212 22.839 125.222 24.034
202303 21.937 127.348 22.700
202306 21.986 128.729 22.506
202309 22.139 129.860 22.466
202312 22.073 129.419 22.475
202403 22.762 131.776 22.762

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.


Intel  (XSWX: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

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Intel (XSWX:INTC) Business Description

Industry
Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent 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. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.