Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Intel Corp., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Intel Corp. P/S ratio increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Intel Corp. P/BV ratio increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024. |
Price to Earnings (P/E)
Intel Corp., historical P/E calculation (quarterly data)
| Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 25, 2021 | Sep 25, 2021 | Jun 26, 2021 | Mar 27, 2021 | Dec 26, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 4,257,000,000 | 4,228,000,000 | 4,216,000,000 | 4,188,000,000 | 4,171,000,000 | 4,137,000,000 | 4,127,000,000 | 4,106,000,000 | 4,089,000,000 | 4,072,000,000 | 4,067,000,000 | 4,057,000,000 | 4,038,000,000 | 4,063,000,000 | 4,098,000,000 | 4,253,000,000 | 4,234,000,000 | 4,277,000,000 | 4,350,000,000 | 4,430,000,000 | 4,477,000,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Net income (loss) attributable to Intel (in millions) | (381) | 2,669) | 297) | 1,481) | (2,758) | (664) | 1,019) | (454) | 8,113) | 4,623) | 6,823) | 5,061) | 3,361) | 5,857) | 4,276) | 5,105) | 5,661) | 6,905) | 5,990) | 4,179) | 3,974) | |||||||
| Earnings per share (EPS)2 | 0.96 | 0.40 | -0.39 | -0.22 | -0.68 | 1.94 | 3.22 | 4.65 | 6.02 | 4.88 | 5.19 | 4.57 | 4.61 | 5.14 | 5.36 | 5.56 | 5.37 | 4.92 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 31.88 | 43.65 | 35.54 | 36.83 | 31.06 | 28.16 | 29.07 | 36.31 | 43.59 | 48.05 | 49.46 | 53.00 | 59.24 | 56.66 | 48.20 | 50.59 | 59.26 | 68.47 | 56.46 | 51.59 | 52.43 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/E ratio4 | 33.38 | 109.27 | — | — | — | 14.54 | 9.02 | 7.80 | 7.24 | 9.85 | 9.53 | 11.59 | 12.86 | 11.02 | 9.00 | 9.09 | 11.04 | 13.91 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 317.27 | 839.13 | — | 332.75 | 96.16 | 41.59 | 50.59 | 47.48 | 45.54 | 37.20 | 34.57 | 35.41 | 41.66 | 104.54 | 146.69 | 129.05 | 169.62 | — | — | — | |||||||
| Analog Devices Inc. | 34.12 | 27.14 | 23.57 | 23.96 | 28.93 | 31.21 | 46.35 | 50.61 | 68.72 | 68.31 | 35.88 | 36.19 | 41.93 | 41.43 | 39.23 | 37.97 | 37.64 | 31.04 | 26.42 | 23.89 | 24.87 | |||||||
| Applied Materials Inc. | 23.55 | 19.63 | 18.50 | 17.61 | 14.79 | 13.55 | 13.59 | 14.82 | 17.99 | 22.05 | 22.54 | 28.42 | 27.11 | 22.31 | 18.29 | 17.29 | 21.57 | 20.25 | 15.06 | 10.73 | 9.34 | |||||||
| Broadcom Inc. | 50.28 | 36.78 | 25.96 | 24.11 | 20.92 | 20.70 | 21.10 | 26.03 | 31.86 | 40.73 | 35.19 | 42.12 | 50.39 | 66.37 | 65.22 | 51.78 | 36.94 | 47.09 | 38.49 | 30.48 | 17.68 | |||||||
| KLA Corp. | 20.06 | 20.04 | 15.12 | 15.62 | 13.89 | 16.89 | 15.13 | 18.50 | 19.76 | 25.97 | 26.04 | 33.15 | 23.59 | 25.92 | 24.82 | 23.60 | 23.68 | 18.44 | 14.17 | 10.76 | 15.28 | |||||||
| Lam Research Corp. | 19.89 | 19.27 | 14.05 | 12.60 | 10.51 | 13.77 | 13.97 | 17.91 | 18.12 | 21.03 | 26.30 | 24.88 | 18.98 | 24.22 | 18.13 | 22.89 | 18.89 | 13.64 | 11.64 | 8.99 | 9.78 | |||||||
| Micron Technology Inc. | — | — | — | 43.16 | 8.72 | 6.62 | 5.97 | 9.80 | 14.54 | 13.38 | 21.84 | 32.41 | 28.88 | 21.80 | 25.33 | 21.69 | 17.42 | 7.98 | 4.06 | 3.73 | 2.39 | |||||||
| NVIDIA Corp. | 200.70 | 131.68 | 63.64 | 48.56 | 49.72 | 68.09 | 97.34 | 73.51 | 73.45 | 78.52 | 86.91 | 88.40 | 65.04 | 67.57 | 53.25 | 33.04 | 29.65 | 22.79 | — | — | — | |||||||
| ON Semiconductor Corp. | — | 15.18 | 12.65 | 23.79 | 18.45 | 18.26 | 15.41 | 16.02 | 16.67 | 25.13 | 35.22 | 35.88 | 47.45 | 73.60 | 49.66 | — | 76.81 | 40.58 | — | — | — | |||||||
| Qualcomm Inc. | 21.35 | 17.07 | 16.75 | 11.92 | 12.87 | 9.75 | 13.40 | 13.56 | 21.24 | 17.15 | 17.46 | 19.20 | 27.40 | 28.06 | 38.25 | 21.95 | 24.49 | 22.03 | 26.26 | 42.74 | 28.15 | |||||||
| Texas Instruments Inc. | 26.94 | 22.24 | 18.13 | 20.79 | 18.08 | 18.88 | 16.05 | 18.27 | 19.01 | 20.38 | 23.61 | 25.25 | 27.20 | 27.95 | 26.95 | 24.04 | 20.66 | 24.47 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
EPS
= (Net income (loss) attributable to IntelQ1 2024
+ Net income (loss) attributable to IntelQ4 2023
+ Net income (loss) attributable to IntelQ3 2023
+ Net income (loss) attributable to IntelQ2 2023)
÷ No. shares of common stock outstanding
= (-381,000,000 + 2,669,000,000 + 297,000,000 + 1,481,000,000)
÷ 4,257,000,000 = 0.96
3 Closing price as at the filing date of Intel Corp. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/E ratio = Share price ÷ EPS
= 31.88 ÷ 0.96 = 33.38
5 Click competitor name to see calculations.
Price to Operating Profit (P/OP)
Intel Corp., historical P/OP calculation (quarterly data)
| Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 25, 2021 | Sep 25, 2021 | Jun 26, 2021 | Mar 27, 2021 | Dec 26, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 4,257,000,000 | 4,228,000,000 | 4,216,000,000 | 4,188,000,000 | 4,171,000,000 | 4,137,000,000 | 4,127,000,000 | 4,106,000,000 | 4,089,000,000 | 4,072,000,000 | 4,067,000,000 | 4,057,000,000 | 4,038,000,000 | 4,063,000,000 | 4,098,000,000 | 4,253,000,000 | 4,234,000,000 | 4,277,000,000 | 4,350,000,000 | 4,430,000,000 | 4,477,000,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Operating income (loss) (in millions) | (1,069) | 2,585) | (8) | (1,016) | (1,468) | (1,132) | (175) | (700) | 4,341) | 4,989) | 5,227) | 5,546) | 3,694) | 5,884) | 5,059) | 5,697) | 7,038) | 6,797) | 6,447) | 4,617) | 4,174) | |||||||
| Operating profit per share2 | 0.12 | 0.02 | -0.86 | -0.91 | -0.83 | 0.56 | 2.05 | 3.37 | 4.92 | 4.78 | 5.00 | 4.97 | 5.04 | 5.83 | 6.00 | 6.11 | 5.88 | 5.15 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 31.88 | 43.65 | 35.54 | 36.83 | 31.06 | 28.16 | 29.07 | 36.31 | 43.59 | 48.05 | 49.46 | 53.00 | 59.24 | 56.66 | 48.20 | 50.59 | 59.26 | 68.47 | 56.46 | 51.59 | 52.43 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/OP ratio4 | 275.84 | 1,984.43 | — | — | — | 49.91 | 14.19 | 10.76 | 8.87 | 10.06 | 9.88 | 10.65 | 11.76 | 9.72 | 8.03 | 8.28 | 10.08 | 13.29 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 675.69 | — | — | 782.37 | 100.42 | 36.08 | 43.60 | 40.92 | 39.48 | 49.04 | 47.29 | 55.06 | 75.77 | 80.11 | 101.06 | 81.62 | 91.66 | — | — | — | |||||||
| Analog Devices Inc. | 29.30 | 23.53 | 20.61 | 20.41 | 24.53 | 26.16 | 38.46 | 41.74 | 55.30 | 56.12 | 29.71 | 30.29 | 34.90 | 33.76 | 31.72 | 30.10 | 29.85 | 24.74 | 21.27 | 19.35 | 20.36 | |||||||
| Applied Materials Inc. | 22.03 | 17.58 | 15.53 | 14.65 | 12.26 | 11.35 | 11.57 | 12.68 | 15.55 | 18.85 | 19.43 | 23.98 | 22.70 | 18.50 | 14.76 | 13.85 | 17.50 | 16.36 | 12.41 | 9.45 | 8.18 | |||||||
| Broadcom Inc. | 41.23 | 31.96 | 22.57 | 20.66 | 17.32 | 16.33 | 16.17 | 20.04 | 24.51 | 30.77 | 27.21 | 30.43 | 35.86 | 44.03 | 41.08 | 35.53 | 25.99 | 36.85 | 28.49 | 23.44 | 24.21 | |||||||
| KLA Corp. | 16.45 | 16.99 | 12.79 | 13.23 | 11.55 | 15.36 | 14.02 | 17.40 | 19.37 | 21.69 | 21.76 | 26.27 | 18.82 | 20.99 | 19.27 | 19.38 | 19.67 | 15.60 | 11.99 | 9.06 | 8.65 | |||||||
| Lam Research Corp. | 17.56 | 16.79 | 11.91 | 10.68 | 8.94 | 11.79 | 12.15 | 15.75 | 15.80 | 18.34 | 23.20 | 21.56 | 15.99 | 20.40 | 14.99 | 19.68 | 16.64 | 12.12 | 11.10 | 8.51 | 7.30 | |||||||
| Micron Technology Inc. | — | — | — | 34.54 | 7.86 | 5.93 | 5.31 | 8.90 | 13.31 | 12.48 | 20.11 | 29.00 | 25.85 | 19.51 | 22.93 | 19.03 | 14.79 | 6.83 | 3.68 | 3.47 | 2.25 | |||||||
| NVIDIA Corp. | 213.96 | 136.17 | 63.84 | 46.93 | 47.25 | 66.13 | 93.13 | 71.24 | 70.98 | 75.05 | 82.81 | 84.53 | 62.32 | 66.39 | 59.72 | 39.72 | 34.03 | 24.81 | — | — | — | |||||||
| ON Semiconductor Corp. | — | 13.06 | 10.70 | 19.63 | 14.85 | 14.72 | 12.44 | 13.07 | 13.36 | 19.70 | 24.29 | 27.03 | 35.18 | 49.43 | 31.34 | 57.47 | 23.62 | 19.86 | — | — | — | |||||||
| Qualcomm Inc. | 20.09 | 15.85 | 14.36 | 9.90 | 10.47 | 7.95 | 11.41 | 11.80 | 19.06 | 15.84 | 15.54 | 17.26 | 23.79 | 23.32 | 29.96 | 11.05 | 13.01 | 12.60 | 14.09 | 54.63 | 42.67 | |||||||
| Texas Instruments Inc. | 23.82 | 19.75 | 16.15 | 18.24 | 15.69 | 16.29 | 13.69 | 15.53 | 16.30 | 17.67 | 20.89 | 22.42 | 25.48 | 26.53 | 25.17 | 22.86 | 18.39 | 21.46 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
Operating profit per share
= (Operating income (loss)Q1 2024
+ Operating income (loss)Q4 2023
+ Operating income (loss)Q3 2023
+ Operating income (loss)Q2 2023)
÷ No. shares of common stock outstanding
= (-1,069,000,000 + 2,585,000,000 + -8,000,000 + -1,016,000,000)
÷ 4,257,000,000 = 0.12
3 Closing price as at the filing date of Intel Corp. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 31.88 ÷ 0.12 = 275.84
5 Click competitor name to see calculations.
Price to Sales (P/S)
Intel Corp., historical P/S calculation (quarterly data)
| Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 25, 2021 | Sep 25, 2021 | Jun 26, 2021 | Mar 27, 2021 | Dec 26, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 4,257,000,000 | 4,228,000,000 | 4,216,000,000 | 4,188,000,000 | 4,171,000,000 | 4,137,000,000 | 4,127,000,000 | 4,106,000,000 | 4,089,000,000 | 4,072,000,000 | 4,067,000,000 | 4,057,000,000 | 4,038,000,000 | 4,063,000,000 | 4,098,000,000 | 4,253,000,000 | 4,234,000,000 | 4,277,000,000 | 4,350,000,000 | 4,430,000,000 | 4,477,000,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Net revenue (in millions) | 12,724) | 15,406) | 14,158) | 12,949) | 11,715) | 14,042) | 15,338) | 15,321) | 18,353) | 20,528) | 19,192) | 19,631) | 19,673) | 19,978) | 18,333) | 19,728) | 19,828) | 20,209) | 19,190) | 16,505) | 16,061) | |||||||
| Sales per share2 | 12.98 | 12.83 | 12.54 | 12.90 | 13.53 | 15.24 | 16.85 | 17.87 | 19.00 | 19.41 | 19.30 | 19.13 | 19.25 | 19.16 | 19.06 | 18.56 | 17.89 | 16.83 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 31.88 | 43.65 | 35.54 | 36.83 | 31.06 | 28.16 | 29.07 | 36.31 | 43.59 | 48.05 | 49.46 | 53.00 | 59.24 | 56.66 | 48.20 | 50.59 | 59.26 | 68.47 | 56.46 | 51.59 | 52.43 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/S ratio4 | 2.46 | 3.40 | 2.83 | 2.85 | 2.30 | 1.85 | 1.73 | 2.03 | 2.29 | 2.48 | 2.56 | 2.77 | 3.08 | 2.96 | 2.53 | 2.73 | 3.31 | 4.07 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 11.95 | 7.89 | 8.08 | 5.70 | 5.38 | 4.14 | 7.34 | 8.54 | 8.76 | 9.94 | 8.90 | 8.94 | 10.63 | 10.63 | 11.68 | 8.67 | 8.59 | — | — | — | |||||||
| Analog Devices Inc. | 8.30 | 7.31 | 6.89 | 6.75 | 7.89 | 7.14 | 7.88 | 8.52 | 10.43 | 12.98 | 9.38 | 9.11 | 10.06 | 9.03 | 7.90 | 7.61 | 7.93 | 7.06 | 6.53 | 6.01 | 6.32 | |||||||
| Applied Materials Inc. | 6.36 | 5.08 | 4.49 | 4.29 | 3.63 | 3.43 | 3.59 | 4.03 | 4.88 | 5.63 | 5.53 | 6.35 | 5.74 | 4.69 | 3.58 | 3.27 | 4.06 | 3.75 | 2.92 | 2.37 | 2.19 | |||||||
| Broadcom Inc. | 15.05 | 14.46 | 10.15 | 9.33 | 7.66 | 7.00 | 6.54 | 7.49 | 8.42 | 9.55 | 7.66 | 7.56 | 7.46 | 7.40 | 6.27 | 5.28 | 4.13 | 5.62 | 5.17 | 4.85 | 5.39 | |||||||
| KLA Corp. | 6.12 | 6.47 | 4.99 | 5.28 | 4.62 | 6.09 | 5.51 | 6.77 | 7.22 | 7.80 | 7.49 | 7.46 | 5.13 | 5.43 | 4.53 | 5.09 | 5.46 | 4.74 | 4.23 | 3.55 | 3.37 | |||||||
| Lam Research Corp. | 4.99 | 4.99 | 3.66 | 3.39 | 2.83 | 3.68 | 3.79 | 4.98 | 4.91 | 5.62 | 6.86 | 6.18 | 4.48 | 5.43 | 3.95 | 4.96 | 4.23 | 3.10 | 2.99 | 2.40 | 2.08 | |||||||
| Micron Technology Inc. | 5.83 | 4.94 | 3.88 | 3.02 | 1.99 | 1.87 | 1.83 | 2.84 | 3.62 | 2.83 | 3.54 | 4.41 | 3.93 | 2.73 | 2.83 | 2.54 | 2.96 | 2.15 | 1.52 | 1.62 | 1.12 | |||||||
| NVIDIA Corp. | 37.17 | 21.32 | 13.27 | 12.64 | 15.92 | 24.67 | 32.91 | 23.77 | 20.32 | 20.40 | 22.50 | 22.93 | 18.33 | 17.31 | 12.82 | 8.89 | 9.09 | 8.06 | — | — | — | |||||||
| ON Semiconductor Corp. | — | 4.02 | 3.37 | 5.57 | 4.06 | 4.17 | 3.29 | 3.62 | 3.36 | 3.76 | 3.74 | 3.18 | 2.94 | 3.28 | 1.92 | 1.71 | 1.19 | 1.56 | — | — | — | |||||||
| Qualcomm Inc. | 4.57 | 3.45 | 3.74 | 3.06 | 3.53 | 2.85 | 4.09 | 3.85 | 5.89 | 4.62 | 4.93 | 5.24 | 6.91 | 6.20 | 5.25 | 3.59 | 4.24 | 3.98 | 3.52 | 4.95 | 2.82 | |||||||
| Texas Instruments Inc. | 9.47 | 8.26 | 7.11 | 8.49 | 7.65 | 8.25 | 7.10 | 8.00 | 8.24 | 8.63 | 9.82 | 10.13 | 10.89 | 10.81 | 9.77 | 8.87 | 7.28 | 8.54 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
Sales per share
= (Net revenueQ1 2024
+ Net revenueQ4 2023
+ Net revenueQ3 2023
+ Net revenueQ2 2023)
÷ No. shares of common stock outstanding
= (12,724,000,000 + 15,406,000,000 + 14,158,000,000 + 12,949,000,000)
÷ 4,257,000,000 = 12.98
3 Closing price as at the filing date of Intel Corp. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 31.88 ÷ 12.98 = 2.46
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Intel Corp. P/S ratio increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024. |
Price to Book Value (P/BV)
Intel Corp., historical P/BV calculation (quarterly data)
| Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 25, 2021 | Sep 25, 2021 | Jun 26, 2021 | Mar 27, 2021 | Dec 26, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 4,257,000,000 | 4,228,000,000 | 4,216,000,000 | 4,188,000,000 | 4,171,000,000 | 4,137,000,000 | 4,127,000,000 | 4,106,000,000 | 4,089,000,000 | 4,072,000,000 | 4,067,000,000 | 4,057,000,000 | 4,038,000,000 | 4,063,000,000 | 4,098,000,000 | 4,253,000,000 | 4,234,000,000 | 4,277,000,000 | 4,350,000,000 | 4,430,000,000 | 4,477,000,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||
| Total Intel stockholders’ equity (in millions) | 105,973) | 105,590) | 101,813) | 101,017) | 98,059) | 101,423) | 99,885) | 101,218) | 103,136) | 95,391) | 90,087) | 85,207) | 79,807) | 81,038) | 74,554) | 82,010) | 76,354) | 77,504) | 74,242) | 74,947) | 73,661) | |||||||
| Book value per share (BVPS)2 | 24.89 | 24.97 | 24.15 | 24.12 | 23.51 | 24.52 | 24.20 | 24.65 | 25.22 | 23.43 | 22.15 | 21.00 | 19.76 | 19.95 | 18.19 | 19.28 | 18.03 | 18.12 | 17.07 | 16.92 | 16.45 | |||||||
| Share price1, 3 | 31.88 | 43.65 | 35.54 | 36.83 | 31.06 | 28.16 | 29.07 | 36.31 | 43.59 | 48.05 | 49.46 | 53.00 | 59.24 | 56.66 | 48.20 | 50.59 | 59.26 | 68.47 | 56.46 | 51.59 | 52.43 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||
| P/BV ratio4 | 1.28 | 1.75 | 1.47 | 1.53 | 1.32 | 1.15 | 1.20 | 1.47 | 1.73 | 2.05 | 2.23 | 2.52 | 3.00 | 2.84 | 2.65 | 2.62 | 3.29 | 3.78 | 3.31 | 3.05 | 3.19 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | — | 4.85 | 3.18 | 3.20 | 2.40 | 2.32 | 1.73 | 2.87 | 2.91 | 19.21 | 20.69 | 16.81 | 15.76 | 17.77 | 23.76 | 27.03 | 20.69 | 20.46 | 16.96 | 17.39 | 16.22 | |||||||
| Analog Devices Inc. | 2.70 | 2.53 | 2.46 | 2.41 | 2.72 | 2.35 | 2.39 | 2.24 | 2.35 | 2.50 | 4.98 | 4.64 | 4.88 | 4.22 | 3.70 | 3.64 | 3.90 | 3.61 | 3.40 | 3.19 | 3.40 | |||||||
| Applied Materials Inc. | 9.67 | 8.23 | 7.90 | 8.09 | 7.11 | 7.25 | 7.48 | 8.65 | 9.91 | 10.60 | 9.92 | 10.50 | 9.11 | 7.63 | 6.09 | 5.59 | 7.04 | 6.67 | 5.35 | 4.56 | 4.49 | |||||||
| Broadcom Inc. | 8.32 | 21.59 | 16.31 | 14.86 | 11.31 | 10.23 | 9.93 | 10.71 | 10.45 | 10.50 | 8.35 | 8.07 | 7.68 | 7.40 | 6.18 | 5.04 | 3.84 | 5.09 | 5.36 | 4.77 | 4.95 | |||||||
| KLA Corp. | 20.82 | 23.25 | 19.77 | 21.24 | 21.67 | 40.05 | 11.68 | 13.65 | 13.95 | 15.98 | 15.52 | 15.44 | 11.09 | 11.83 | 11.01 | 10.06 | 10.02 | 8.15 | 6.50 | 9.57 | 8.94 | |||||||
| Lam Research Corp. | 9.82 | 10.59 | 8.22 | 7.78 | 6.88 | 10.10 | 10.52 | 12.70 | 13.28 | 13.64 | 16.94 | 13.40 | 9.14 | 10.55 | 8.38 | 10.81 | 8.13 | 6.39 | 5.88 | 4.51 | 4.27 | |||||||
| Micron Technology Inc. | 2.20 | 1.74 | 1.55 | 1.47 | 1.09 | 1.15 | 1.20 | 1.85 | 2.33 | 1.79 | 2.13 | 2.55 | 2.17 | 1.50 | 1.51 | 1.35 | 1.68 | 1.40 | 1.16 | 1.41 | 1.04 | |||||||
| NVIDIA Corp. | 39.23 | 26.02 | 17.76 | 15.76 | 17.87 | 24.95 | 33.57 | 24.61 | 20.84 | 20.13 | 21.68 | 21.53 | 16.48 | 15.48 | 11.45 | 8.76 | 10.05 | 10.10 | 13.03 | 17.80 | 19.09 | |||||||
| ON Semiconductor Corp. | — | 4.26 | 3.76 | 6.66 | 5.25 | 5.61 | 4.70 | 5.12 | 4.84 | 5.53 | 5.75 | 4.96 | 4.42 | 4.87 | 2.93 | 2.78 | 2.00 | 2.60 | 2.71 | 2.24 | 2.86 | |||||||
| Qualcomm Inc. | 7.19 | 5.72 | 6.98 | 6.38 | 8.05 | 7.00 | 10.74 | 11.35 | 18.72 | 15.59 | 19.65 | 20.75 | 24.98 | 24.00 | 31.75 | 29.17 | 23.03 | 19.69 | 16.28 | 27.16 | 16.79 | |||||||
| Texas Instruments Inc. | 9.37 | 8.57 | 7.74 | 10.03 | 9.79 | 11.33 | 9.88 | 11.12 | 11.14 | 11.87 | 14.22 | 15.22 | 16.52 | 17.02 | 16.11 | 15.88 | 13.29 | 13.79 | 12.28 | 13.75 | 12.98 | |||||||
Based on: 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-30), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-25), 10-Q (reporting date: 2021-09-25), 10-Q (reporting date: 2021-06-26), 10-Q (reporting date: 2021-03-27), 10-K (reporting date: 2020-12-26), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Data adjusted for splits and stock dividends.
2 Q1 2024 Calculation
BVPS = Total Intel stockholders’ equity ÷ No. shares of common stock outstanding
= 105,973,000,000 ÷ 4,257,000,000 = 24.89
3 Closing price as at the filing date of Intel Corp. Quarterly or Annual Report.
4 Q1 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 31.88 ÷ 24.89 = 1.28
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Intel Corp. P/BV ratio increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024. |