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NVIDIA (BSP:NVDC34) Cyclically Adjusted PB Ratio : 148.25 (As of Apr. 28, 2024)


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What is NVIDIA Cyclically Adjusted PB Ratio?

As of today (2024-04-28), NVIDIA's current share price is R$93.40. NVIDIA's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$0.63. NVIDIA's Cyclically Adjusted PB Ratio for today is 148.25.

The historical rank and industry rank for NVIDIA's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:NVDC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 23.61   Max: 154.32
Current: 143.58

During the past years, NVIDIA's highest Cyclically Adjusted PB Ratio was 154.32. The lowest was 2.91. And the median was 23.61.

BSP:NVDC34's Cyclically Adjusted PB Ratio is ranked worse than
100% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs BSP:NVDC34: 143.58

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NVIDIA's adjusted book value per share data for the three months ended in Jan. 2024 was R$1.787. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$0.63 for the trailing ten years ended in Jan. 2024.

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.40/0.63
=148.25

* 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.

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)
=1.787/129.4194*129.4194
=1.787

Current CPI (Jan. 2024) = 129.4194.

NVIDIA Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.087 100.023 0.113
201407 0.092 100.520 0.118
201410 0.099 100.176 0.128
201501 0.111 98.604 0.146
201504 0.134 99.824 0.174
201507 0.131 100.691 0.168
201510 0.168 100.346 0.217
201601 0.175 99.957 0.227
201604 0.146 100.947 0.187
201607 0.143 101.524 0.182
201610 0.164 101.988 0.208
201701 0.164 102.456 0.207
201704 0.168 103.167 0.211
201707 0.166 103.278 0.208
201710 0.174 104.070 0.216
201801 0.206 104.578 0.255
201804 0.226 105.708 0.277
201807 0.288 106.324 0.351
201810 0.304 106.695 0.369
201901 0.300 106.200 0.366
201904 0.323 107.818 0.388
201907 0.334 108.250 0.399
201910 0.390 108.577 0.465
202001 0.431 108.841 0.512
202004 0.590 108.173 0.706
202007 0.619 109.318 0.733
202010 0.726 109.861 0.855
202101 0.762 110.364 0.894
202104 0.874 112.673 1.004
202107 0.911 115.183 1.024
202110 1.098 116.696 1.218
202201 1.223 118.619 1.334
202204 1.041 121.978 1.105
202207 1.072 125.002 1.110
202210 0.947 125.734 0.975
202301 0.969 126.223 0.994
202304 1.037 127.992 1.049
202307 1.114 128.974 1.118
202310 1.421 129.810 1.417
202401 1.787 129.419 1.787

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  (BSP:NVDC34) 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 (BSP:NVDC34) 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.

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