AMMHF (AMMB Holdings Bhd) Cyclically Adjusted Book per Share: $1.85 (As of Mar. 2026)


AMMHF AMMB Holdings Bhd AMMHF
53 GF Score
Price $1.26
GF Value $1.13
Valuation Modestly Overvalued
! 5 Warning Signs
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What is AMMB Holdings Bhd Cyclically Adjusted Book per Share?

AMMB Holdings Bhd AMMHF 53 Cyclically Adjusted Book per Share is $1.85 as of Mar. 2026. GuruFocus rates AMMHF with a GF Score™ of 53/100 and a GF Value™ of $1.13 (Modestly Overvalued). 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.

AMMB Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2026 was $1.656. 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 $1.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AMMB Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 AMMB Holdings Bhd was 7.60% per year. The lowest was 2.90% per year. And the median was 6.00% per year.

As of today (2026-06-29), AMMB Holdings Bhd's current stock price is $1.255. AMMB Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.85. AMMB Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AMMB Holdings Bhd was 1.02. The lowest was 0.51. And the median was 0.66.


AMMB Holdings Bhd  (OTCPK:AMMHF) 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.

AMMB Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.255/1.85
=0.68

* 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 AMMB Holdings Bhd was 1.02. The lowest was 0.51. And the median was 0.66.


Be Aware

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


AMMB Holdings Bhd Cyclically Adjusted Book per Share Related Terms


AMMB Holdings Bhd Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AMMB Holdings Bhd'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.

AMMB Holdings Bhd Cyclically Adjusted Book per Share Chart

AMMB Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.50 1.39 1.06 1.85

AMMB Holdings Bhd 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 1.06 1.17 1.54 1.23 1.85

AMMB Holdings Bhd Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, AMMB Holdings Bhd'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.


AMMB Holdings Bhd Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AMMB Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AMMB Holdings Bhd's Cyclically Adjusted PB Ratio falls into.


AMMHF
53GF Score
AMMB Holdings Bhd AMMHF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMMB Holdings Bhd 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, AMMB Holdings Bhd'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)
=1.656/330.2130*330.2130
=1.656

Current CPI (Mar. 2026) = 330.2130.

AMMB Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.261 241.018 1.728
201609 1.258 241.428 1.721
201612 1.167 241.432 1.596
201703 1.199 243.801 1.624
201706 1.267 244.955 1.708
201709 1.282 246.819 1.715
201712 1.327 246.524 1.777
201803 1.404 249.554 1.858
201806 1.401 251.989 1.836
201809 1.361 252.439 1.780
201812 1.369 251.233 1.799
201903 1.440 254.202 1.871
201906 1.450 256.143 1.869
201909 1.441 256.759 1.853
201912 1.467 256.974 1.885
202003 1.438 258.115 1.840
202006 1.493 257.797 1.912
202009 1.549 260.280 1.965
202012 1.604 260.474 2.033
202103 1.078 264.877 1.344
202106 1.163 271.696 1.413
202109 1.168 274.310 1.406
202112 1.181 278.802 1.399
202203 1.200 287.504 1.378
202206 1.168 296.311 1.302
202209 1.147 296.808 1.276
202212 1.206 296.797 1.342
202303 1.221 301.836 1.336
202306 1.207 305.109 1.306
202309 1.195 307.789 1.282
202312 1.243 306.746 1.338
202403 1.247 312.332 1.318
202406 1.286 314.175 1.352
202409 1.417 315.301 1.484
202412 1.361 315.605 1.424
202503 1.408 319.799 1.454
202506 1.470 322.561 1.505
202509 1.513 324.800 1.538
202512 1.565 324.054 1.595
202603 1.656 330.213 1.656

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 $1.85 mean?
AMMB Holdings Bhd (AMMHF) has a Cyclically Adjusted Book per Share of $1.85 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 AMMB Holdings Bhd and its competitors.
Is AMMB Holdings Bhd's Cyclically Adjusted Book per Share too high?
AMMB Holdings Bhd's current Cyclically Adjusted Book per Share is $1.85. Overall, AMMB Holdings Bhd has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMMB Holdings Bhd's Cyclically Adjusted Book per Share compare to competitors?
AMMB Holdings Bhd's Cyclically Adjusted Book per Share of $1.85 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 AMMB Holdings Bhd and its competitors. AMMB Holdings Bhd's current Cyclically Adjusted Book per Share is $1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMMB Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, AMMB Holdings Bhd (AMMHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.13, compared to a current price of $1.26 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.85. AMMB Holdings Bhd's overall GF Score™ is 53/100 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 AMMB Holdings Bhd (AMMHF), the current Cyclically Adjusted Book per Share is $1.85 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 AMMB Holdings Bhd (AMMHF) Overvalued in 2026?

Based on GuruFocus' analysis, AMMB Holdings Bhd stock appears to be overvalued. The current stock price of $1.26 is trading 11.1% above its estimated GF Value™ of $1.13. GuruFocus considers AMMB Holdings Bhd to be Modestly Overvalued.

Key valuation signals for AMMHF:

  • Cyclically Adjusted Book per Share: $1.85
  • GF Value™: $1.13 vs. price of $1.26 (11.1% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


AMMB Holdings Bhd Business Description

Other Exchanges 1015:Malaysia
Address No. 55, Jalan Raja Chulan, 22nd Floor, Bangunan AmBank Group, Kuala Lumpur, SGR, MYS, 50200
AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank's substantial segment which contributes the vast majority of revenue, is retail banking. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International. Investment banking, Fund management.
53GF Score

Get the complete analysis for AMMHF

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

$1.26
Price
$1.13
GF Value