AMFPY (Amplifon SpA) Cyclically Adjusted Book per Share: $26.08 (As of Mar. 2026)


AMFPY Amplifon SpA AMFPY
58 GF Score
Price $46.99
GF Value $171.05
Valuation Possible Value Trap
! 5 Warning Signs
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What is Amplifon SpA Cyclically Adjusted Book per Share?

Amplifon SpA AMFPY 58 Cyclically Adjusted Book per Share is $26.08 as of Mar. 2026. GuruFocus rates AMFPY with a GF Score™ of 58/100 and a GF Value™ of $171.05 (Possible Value Trap). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Amplifon SpA's adjusted book value per share for the three months ended in Mar. 2026 was $22.632. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $26.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Amplifon SpA's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Amplifon SpA was 13.80% per year. The lowest was 7.10% per year. And the median was 10.60% per year.

As of today (2026-06-27), Amplifon SpA's current stock price is $46.99. Amplifon SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $26.08. Amplifon SpA's Cyclically Adjusted PB Ratio of today is 1.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amplifon SpA was 17.99. The lowest was 2.08. And the median was 8.87.


Amplifon SpA  (OTCPK:AMFPY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Amplifon SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.99/26.08
=1.80

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amplifon SpA was 17.99. The lowest was 2.08. And the median was 8.87.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Amplifon SpA Cyclically Adjusted Book per Share Related Terms


Amplifon SpA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Amplifon SpA's Cyclically Adjusted Book per Share 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.

Amplifon SpA Cyclically Adjusted Book per Share Chart

Amplifon SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 26.40

Amplifon SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 26.01 26.40 26.08

AMFPY vs MCK, COR, CAH: Cyclically Adjusted Book per Share Comparison

For the Medical Distribution subindustry, Amplifon SpA's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Amplifon SpA Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Amplifon SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Amplifon SpA's Cyclically Adjusted PB Ratio falls into.


AMFPY
58GF Score
Amplifon SpA AMFPY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amplifon SpA Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Amplifon SpA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.632/122.6000*122.6000
=22.632

Current CPI (Mar. 2026) = 122.6000.

Amplifon SpA Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.562 99.900 12.962
201609 10.784 100.100 13.208
201612 10.726 100.300 13.111
201703 11.331 101.000 13.754
201706 11.488 101.100 13.931
201709 11.957 101.200 14.485
201712 12.714 101.200 15.403
201803 12.099 101.800 14.571
201806 11.690 102.400 13.996
201809 11.860 102.600 14.172
201812 12.270 102.300 14.705
201903 12.845 102.800 15.319
201906 12.692 103.100 15.093
201909 12.567 102.900 14.973
201912 13.845 102.800 16.512
202003 13.174 102.900 15.696
202006 14.085 102.900 16.782
202009 15.235 102.300 18.258
202012 17.338 102.600 20.718
202103 17.617 103.700 20.828
202106 17.829 104.200 20.977
202109 17.507 104.900 20.461
202112 18.587 106.600 21.377
202203 19.203 110.400 21.325
202206 18.441 112.500 20.097
202209 18.034 114.200 19.360
202212 19.596 119.000 20.189
202303 19.950 118.800 20.588
202306 20.000 119.700 20.485
202309 20.251 120.300 20.638
202312 21.273 119.700 21.788
202403 21.866 120.200 22.303
202406 21.670 120.700 22.011
202409 22.013 121.200 22.267
202412 21.377 121.200 21.624
202503 21.930 122.500 21.948
202506 21.081 122.700 21.064
202509 20.702 123.100 20.618
202512 21.258 122.600 21.258
202603 22.632 122.600 22.632

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $26.08 mean?
Amplifon SpA (AMFPY) has a Cyclically Adjusted Book per Share of $26.08 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Amplifon SpA and its competitors.
Is Amplifon SpA's Cyclically Adjusted Book per Share too high?
Amplifon SpA's current Cyclically Adjusted Book per Share is $26.08. Overall, Amplifon SpA has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amplifon SpA's Cyclically Adjusted Book per Share compare to MCK and COR?
Amplifon SpA's Cyclically Adjusted Book per Share of $26.08 can be compared against companies in the Medical Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Medical Distribution company?
A good Cyclically Adjusted Book per Share depends on the Medical Distribution industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Amplifon SpA and its competitors. Amplifon SpA's current Cyclically Adjusted Book per Share is $26.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplifon SpA stock overvalued right now?
Based on GuruFocus' analysis, Amplifon SpA (AMFPY) is currently considered Possible Value Trap. The stock's GF Value™ is $171.05, compared to a current price of $46.99 — trading 72.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $26.08. Amplifon SpA's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Amplifon SpA (AMFPY), the current Cyclically Adjusted Book per Share is $26.08 as of Mar. 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 Amplifon SpA (AMFPY) Overvalued in 2026?

Based on GuruFocus' analysis, Amplifon SpA stock appears to be undervalued. The current stock price of $46.99 is trading 72.5% below its estimated GF Value™ of $171.05. GuruFocus considers Amplifon SpA to be Possible Value Trap.

Key valuation signals for AMFPY:

  • Cyclically Adjusted Book per Share: $26.08
  • GF Value™: $171.05 vs. price of $46.99 (72.5% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the AMFPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amplifon SpA Business Description

Address Via Ripamonti, 133, Milano, ITA, 20141
Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. The company operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. It operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear.
58GF Score

Get the complete analysis for AMFPY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.99
Price
$171.05
GF Value