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Advanced Micro DevicesAMD +1.01%88 Shiller PE Ratio is 351.35 as of Aug. 11, 2026, which is 39% above its 10-year median of 253.38. GuruFocus rates AMD with a GF Score™ of 88/100 and a GF Value™ of $268.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 544 Semiconductors companies, Advanced Micro Devices ranks worse than 95.77% on this metric.
The historical rank and industry rank for Advanced Micro Devices's Shiller PE Ratio or its related term are showing as below:
AMD'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 111.38 Med: 253.38 Max: 15541
Current: 351.35
During the past years, Advanced Micro Devices's highest Shiller PE Ratio was 15541.00. The lowest was 111.38. And the median was 253.38.
AMD's Shiller PE Ratio is ranked worse than 95.77% of 544
companies
in the Semiconductors industry
Industry Median: 40.89
vs AMD: 351.35
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Advanced Micro Devices's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.35 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Advanced Micro Devices (NAS:AMD) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Advanced Micro Devices Shiller PE Ratio Related Terms
Advanced Micro Devices Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Advanced Micro Devices's Shiller PE 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.
For the Semiconductors subindustry, Advanced Micro Devices's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Micro Devices's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Micro Devices's Shiller PE Ratio falls into.
Advanced Micro Devices Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Advanced Micro Devices (AMD) has a Shiller PE Ratio of 351.35 as of Aug. 11, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Advanced Micro Devices and its competitors. This is 39% above median its historical median of 253.38. Over the past decade, Advanced Micro Devices' Shiller PE Ratio has ranged from 111.38 to 15,541.00. According to the industry distribution chart, Advanced Micro Devices ranks #521 out of 544 companies in the Semiconductors industry, placing it in the top 95.8%.
Is Advanced Micro Devices' Shiller PE Ratio too high?
Advanced Micro Devices' current Shiller PE Ratio of 351.35 is 39% above median its 10-year median of 253.38. Over the past 10 years, this metric has ranged from a low of 111.38 to a high of 15,541.00. The Semiconductors industry median Shiller PE Ratio is 40.89. Advanced Micro Devices' value of 351.35 is 759.3% above this industry median. Based on the distribution chart, Advanced Micro Devices ranks #521 out of 544 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Advanced Micro Devices has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro Devices' Shiller PE Ratio compare to MU and INTC?
According to the Semiconductors industry distribution chart, Advanced Micro Devices ranks #521 out of 544 companies for Shiller PE Ratio. This places Advanced Micro Devices in the lower half of its industry. The industry median Shiller PE Ratio is 40.89. Advanced Micro Devices' value of 351.35 is 759.3% above this benchmark. Historically, Advanced Micro Devices' own Shiller PE Ratio has ranged from 111.38 to 15,541.00 over the past decade. While the company's 10-year median is 253.38 vs. the industry median of 40.89, 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 Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 40.89, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Micro Devices's current Shiller PE Ratio of 351.35 is 759.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Advanced Micro Devices and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 40.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Micro Devices's current Shiller PE Ratio is 351.35, which is 39% above median its own 10-year median of 253.38. 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 (AMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $268.67, compared to a current price of $474.32 — trading 76.5% above its estimated fair value. The current Shiller PE Ratio is 351.35, which is 39% above median its 10-year median of 253.38 and 759.3% above the Semiconductors industry median of 40.89. Advanced Micro Devices' overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Advanced Micro Devices (AMD), the current Shiller PE Ratio is 351.35 as of Aug. 11, 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 (AMD) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Micro Devices stock appears to be overvalued.
The current stock price of $474.32 is trading 76.5% above its estimated GF Value™ of $268.67.
GuruFocus considers Advanced Micro Devices to be Significantly Overvalued.
Key valuation signals for AMD:
Shiller PE Ratio: 351.35 (39% above median its 10-year median of 253.38)
GF Value™: $268.67 vs. price of $474.32 (76.5% above fair value)
Industry Position: 759.3% above the Semiconductors median (#521 of 544)
No single metric tells the full story. See the 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.
88GF Score
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