Advanced Micro Devices Inc (AMD)

Semiconductors & Related Devices

Latest Price

$611.76

TTM P/E

157.26

Normalized P/E

350.69

Div Yield

Book Value

41.23

P/B Ratio

14.84

Valuation metrics

EPS: $2.65

Book value / share: $38.65

Formula: √(22.5 × EPS × BVPS)

Graham Number

$48.01

92% downside

Norm. op. income: $1.4B (median of 7yr)

Tax rate: 14%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$11.72

98% downside

Base FCF: $3.1B (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$146.72

76% downside

EPS: $2.65

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$39.75

94% downside

81.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	150.30M	$87.31B	9.21%	+4.54M	2026-06-30
Vanguard Capital Management LLC	106.50M	$61.87B	6.53%	+559.9K	2026-06-30
State Street Corp	74.36M	$43.20B	4.56%	-409.5K	2026-06-30
Jane Street Group, LLC	60.94M	$35.40B	3.73%	+3.83M	2026-06-30
Invesco Ltd.	53.17M	$30.89B	3.26%	+36.95M	2026-06-30
JPMorgan Chase & Co	40.31M	$21.75B	2.47%	+19.40M	2026-06-30
Geode Capital Management, LLC	39.57M	$22.93B	2.42%	-222.5K	2026-06-30
Vanguard Portfolio Management LLC	37.93M	$22.03B	2.32%	+326.2K	2026-06-30
Price T Rowe Associates Inc	35.94M	$20.88B	2.20%	+7.09M	2026-06-30
Citadel Advisors LLC	33.24M	$19.31B	2.04%	+5.85M	2026-06-30