Advanced Micro Devices (STU:AMD) Cyclically Adjusted PS Ratio: (As of Aug. 05, 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.
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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.

STU:AMD Advanced Micro Devices Inc STU:AMD
79 GF Score
Price €453.95
GF Value €215.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Advanced Micro Devices Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Micro Devices  (STU:AMD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Advanced Micro Devices Cyclically Adjusted PS Ratio Related Terms


Advanced Micro Devices Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Micro Devices's Cyclically Adjusted PS 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.

Advanced Micro Devices Cyclically Adjusted PS Ratio Chart

Advanced Micro Devices Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.20 7.20 15.07 11.29 17.26

Advanced Micro Devices Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 12.32 13.51 17.26 15.51 0.00

STU:AMD vs MU, INTC, TXN: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Advanced Micro Devices's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Advanced Micro Devices Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro Devices's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Advanced Micro Devices's Cyclically Adjusted PS Ratio falls into.


STU:AMD
79GF Score
Advanced Micro Devices Inc STU:AMD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Micro Devices Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Advanced Micro Devices's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Advanced Micro Devices's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.036/333.9520*333.9520
=6.036

Current CPI (Jun. 2026) = 333.9520.

Advanced Micro Devices Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.429 241.428 1.977
201612 1.167 241.432 1.614
201703 1.173 243.801 1.607
201706 1.084 244.955 1.478
201709 1.275 246.819 1.725
201712 1.171 246.524 1.586
201803 1.286 249.554 1.721
201806 1.310 251.989 1.736
201809 1.317 252.439 1.742
201812 1.153 251.233 1.533
201903 1.029 254.202 1.352
201906 1.222 256.143 1.593
201909 1.464 256.759 1.904
201912 1.652 256.974 2.147
202003 1.321 258.115 1.709
202006 1.398 257.797 1.811
202009 1.957 260.280 2.511
202012 2.207 260.474 2.830
202103 2.351 264.877 2.964
202106 2.594 271.696 3.188
202109 2.981 274.310 3.629
202112 3.492 278.802 4.183
202203 3.791 287.504 4.403
202206 3.797 296.311 4.279
202209 3.459 296.808 3.892
202212 3.265 296.797 3.674
202303 3.103 301.836 3.433
202306 3.040 305.109 3.327
202309 3.336 307.789 3.620
202312 3.481 306.746 3.790
202403 3.072 312.332 3.285
202406 3.311 314.175 3.519
202409 3.755 315.301 3.977
202412 4.476 315.605 4.736
202503 4.231 319.799 4.418
202506 4.088 322.561 4.232
202509 4.800 324.800 4.935
202512 5.322 324.054 5.485
202603 5.375 330.213 5.436
202606 6.036 333.952 6.036

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Advanced Micro Devices (STU:AMD) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued. The current stock price of €453.95 is trading 111% above its estimated GF Value™ of €215.10. GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.

Key valuation signals for STU:AMD:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €215.10 vs. price of €453.95 (111% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the STU:AMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Micro Devices Business Description

Address 2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
79GF Score

Get the complete analysis for STU:AMD

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

€453.95
Price
€215.10
GF Value