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Advanced Micro DevicesXSWX:AMD -4.31%75 Price-to-Tangible-Book is 29.30 as of Aug. 20, 2026, which is 35% above its 10-year median of 21.73. GuruFocus rates XSWX:AMD with a GF Score™ of 75/100 and a GF Value™ of CHF218.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 977 Semiconductors companies, Advanced Micro Devices ranks worse than 95.91% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Advanced Micro Devices Price-to-Tangible-Book Related Terms
Advanced Micro Devices Price-to-Tangible-Book Historical Data
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The historical data trend for Advanced Micro Devices's Price-to-Tangible-Book 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.
XSWX:AMD vs MU, INTC, TXN: Price-to-Tangible-Book Comparison
For the Semiconductors subindustry, Advanced Micro Devices's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Micro Devices's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Advanced Micro Devices's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Advanced Micro Devices (XSWX:AMD) has a Price-to-Tangible-Book of 29.30 as of Aug. 20, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Advanced Micro Devices and its competitors. This is 35% above median its historical median of 21.73. Over the past decade, Advanced Micro Devices' Price-to-Tangible-Book has ranged from 11.31 to 146.86. According to the industry distribution chart, Advanced Micro Devices ranks #937 out of 977 companies in the Semiconductors industry, placing it in the top 95.9%.
Is Advanced Micro Devices' Price-to-Tangible-Book too high?
Advanced Micro Devices' current Price-to-Tangible-Book of 29.30 is 35% above median its 10-year median of 21.73. Over the past 10 years, this metric has ranged from a low of 11.31 to a high of 146.86. The Semiconductors industry median Price-to-Tangible-Book is 3.42. Advanced Micro Devices' value of 29.30 is 756.7% above this industry median. Based on the distribution chart, Advanced Micro Devices ranks #937 out of 977 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Advanced Micro Devices has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro Devices' Price-to-Tangible-Book compare to MU and INTC?
According to the Semiconductors industry distribution chart, Advanced Micro Devices ranks #937 out of 977 companies for Price-to-Tangible-Book. This places Advanced Micro Devices in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.42. Advanced Micro Devices' value of 29.30 is 756.7% above this benchmark. Historically, Advanced Micro Devices' own Price-to-Tangible-Book has ranged from 11.31 to 146.86 over the past decade. While the company's 10-year median is 21.73 vs. the industry median of 3.42, Advanced Micro Devices has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Semiconductors company?
The median Price-to-Tangible-Book among Semiconductors companies is 3.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Micro Devices's current Price-to-Tangible-Book of 29.30 is 756.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Advanced Micro Devices and its competitors. For the Semiconductors industry, the median Price-to-Tangible-Book is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro Devices's current Price-to-Tangible-Book is 29.30, which is 35% above median its own 10-year median of 21.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro Devices stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro Devices (XSWX:AMD) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF218.93, compared to a current price of CHF374.80 — trading 71.2% above its estimated fair value. The current Price-to-Tangible-Book is 29.30, which is 35% above median its 10-year median of 21.73 and 756.7% above the Semiconductors industry median of 3.42. Advanced Micro Devices' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Advanced Micro Devices (XSWX:AMD), the current Price-to-Tangible-Book is 29.30 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Advanced Micro Devices (XSWX:AMD) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued.
The current stock price of CHF374.80 is trading 71.2% above its estimated GF Value™ of CHF218.93.
GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.
Key valuation signals for XSWX:AMD:
Price-to-Tangible-Book: 29.30 (35% above median its 10-year median of 21.73)
GF Value™: CHF218.93 vs. price of CHF374.80 (71.2% above fair value)
Industry Position: 756.7% above the Semiconductors median (#937 of 977)
No single metric tells the full story. See the XSWX:AMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
Get the complete analysis for XSWX:AMD
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