GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVIDIA Corp (XSWX:NVDA) » Definitions » Cyclically Adjusted PB Ratio

NVIDIA (XSWX:NVDA) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is NVIDIA 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


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 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.15 43.09 61.71 39.57 100.69

NVIDIA Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 39.57 53.50 85.80 70.85 100.69

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.



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 Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=59.552/129.4194*129.4194
=59.552

Current CPI (Jan. 2024) = 129.4194.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.593 100.023 8.531
201407 7.132 100.520 9.182
201410 7.370 100.176 9.521
201501 7.656 98.604 10.049
201504 8.125 99.824 10.534
201507 7.413 100.691 9.528
201510 8.039 100.346 10.368
201601 8.375 99.957 10.843
201604 7.570 100.947 9.705
201607 8.231 101.524 10.493
201610 9.755 101.988 12.379
201701 9.923 102.456 12.534
201704 10.315 103.167 12.940
201707 9.561 103.278 11.981
201710 10.294 104.070 12.801
201801 11.840 104.578 14.653
201804 12.315 105.708 15.077
201807 14.390 106.324 17.516
201810 15.440 106.695 18.729
201901 15.257 106.200 18.593
201904 16.068 107.818 19.287
201907 16.768 108.250 20.047
201910 18.195 108.577 21.688
202001 19.324 108.841 22.978
202004 20.662 108.173 24.720
202007 21.033 109.318 24.901
202010 22.602 109.861 26.626
202101 24.154 110.364 28.324
202104 27.913 112.673 32.062
202107 31.291 115.183 35.159
202110 35.417 116.696 39.279
202201 39.450 118.619 43.042
202204 40.117 121.978 42.564
202207 37.319 125.002 38.638
202210 34.258 125.734 35.262
202301 32.941 126.223 33.775
202304 35.534 127.992 35.930
202307 38.692 128.974 38.826
202310 48.476 129.810 48.330
202401 59.552 129.419 59.552

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  (XSWX: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 (XSWX:NVDA) 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.

NVIDIA (XSWX:NVDA) Headlines

From GuruFocus

NVIDIA Corporation - Special Call Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corporation - Special Call Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp at Wells Fargo TMT Summit Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp at Cowen Health Care Conference Transcript

By GuruFocus Research 01-23-2024

Q1 2024 NVIDIA Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

NVIDIA Corp GTC Financial Analyst Q&A Transcript

By GuruFocus Research 01-23-2024