Question 1

What is AMD's P/B ratio?

Accepted Answer

AMD (AMD) P/B ratio is 14.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for AMD?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For AMD specifically, the relevant sector benchmark is the current sector median of 5.6×.

Question 5

Is AMD's P/B ratio high or low?

Accepted Answer

AMD's P/B ratio of 14.1× is above its own 5-year average of 6.0× and above the sector median of 5.6×. That places the current reading at the 84th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is AMD's historical P/B ratio range?

Accepted Answer

In the available daily series, AMD (AMD) P/B ratio has ranged from a low of 0.6× in 2002 to a high of 124.3× in 2015. The 5-year average is 6.0× and the 5-year median is 4.1×.

Question 7

What was AMD's P/B ratio in 2025?

Accepted Answer

AMD (AMD) P/B ratio at the end of 2025 was 5.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does AMD's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$350B	$63B	5.6×	+2.0×	Dec 27, 2025
2024	$203B	$57.6B	3.5×	-0.7×	Dec 28, 2024
2023	$238B	$55.9B	4.3×	+2.4×	Dec 30, 2023
2022	$104B	$54.8B	1.9×	-21.6×	Dec 31, 2022
2021	$177B	$7.5B	23.5×	+4.6×	Dec 25, 2021
2020	$111B	$5.84B	19.0×	+0.3×	Dec 26, 2020
2019	$52.6B	$2.83B	18.6×	+4.5×	Dec 28, 2019
2018	$17.9B	$1.27B	14.1×	-2.5×	Dec 29, 2018
2017	$9.92B	$596M	16.6×	-8.7×	Dec 30, 2017
2016	$10.6B	$416M	25.4×	—	Dec 31, 2016
2015	$2.31B	-$412M	—	—	Dec 26, 2015
2014	$2.06B	$187M	11.0×	+5.7×	Dec 27, 2014
2013	$2.87B	$544M	5.3×	+2.1×	Dec 28, 2013
2012	$1.7B	$538M	3.2×	+0.7×	Dec 29, 2012
2011	$3.94B	$1.59B	2.5×	-3.2×	Dec 31, 2011
2010	$5.75B	$1.01B	5.7×	-4.9×	Dec 25, 2010
2009	$6.84B	$648M	10.6×	-0.0×	Dec 26, 2009
2008	$1.34B	$127M	10.6×	+9.2×	Dec 27, 2008
2007	$4.26B	$2.99B	1.4×	-0.4×	Dec 29, 2007
2006	$10.6B	$5.79B	1.8×	-2.1×	Dec 31, 2006
2005	$13.2B	$3.35B	3.9×	+1.2×	Dec 25, 2005
2004	$8.23B	$3.01B	2.7×	+0.5×	Dec 26, 2004
2003	$5.33B	$2.44B	2.2×	+1.3×	Dec 28, 2003
2002	$2.18B	$2.47B	0.9×	—	Dec 29, 2002


Zebra Technologies (ZBRA)	2.9×
Zoom Communications (ZM)	2.9×
Fortive (FTV)	2.9×
IREN (IREN)	2.8×
Trimble (TRMB)	2.7×
Twilio (TWLO)	2.5×
Amkor Technology (AMKR)	2.5×
First Solar (FSLR)	2.1×
EPAM Systems (EPAM)	2.1×
Qorvo (QRVO)	2.1×
IonQ (IONQ)	2.1×
Intel (INTC)	2.0×
Roper Technologies (ROP)	2.0×
Cognizant (CTSH)	1.9×
Okta (OKTA)	1.9×
Super Micro Computer (SMCI)	1.8×
Lyft (LYFT)	1.7×
Block (XYZ)	1.7×
Hewlett Packard Enterprise (HPE)	1.5×
Fidelity National Information Services (FIS)	1.5×
Skyworks Solutions (SWKS)	1.4×
Fiserv (FISV)	1.1×
Sunrun (RUN)	1.0×
Strategy (MSTR)	0.9×
IBM (IBM)	0.0×

P/B Ratio for AMD (AMD) 2002-2026

P/B Ratio daily chart for AMD (AMD)

Historical P/B Ratio for AMD (AMD) from 2002 to 2025

About P/B Ratio at AMD (AMD)

AMD P/B Ratio by Year

AMD P/B Ratio 2025: 5.6×

AMD P/B Ratio 2024: 3.5×

AMD P/B Ratio 2023: 4.3×

AMD P/B Ratio 2022: 1.9×

AMD P/B Ratio 2021: 23.5×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

AMD (AMD) Key Financials