AFGZF (Amadeus Fire AG) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 14, 2026) — 89% Below Median

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AFGZF Amadeus Fire AG AFGZF
62 GF Score
Price $86.34
GF Value $313.98
! 7 Warning Signs
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What is Amadeus Fire AG Cyclically Adjusted PB Ratio?

Amadeus Fire AG AFGZF 62 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 14, 2026, which is 89% below its 10-year median of 10.35. GuruFocus rates AFGZF with a GF Score™ of 62/100 and a GF Value™ of $313.98. The stock has 7 warning signs investors should review. Among 730 Business Services companies, Amadeus Fire AG ranks better than 69.45% on this metric.

As of today (2026-07-14), Amadeus Fire AG's current share price is $86.34. Amadeus Fire AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $73.20. Amadeus Fire AG's Cyclically Adjusted PB Ratio for today is 1.18.

The historical rank and industry rank for Amadeus Fire AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

AFGZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 10.35   Max: 18.9
Current: 0.92

During the past years, Amadeus Fire AG's highest Cyclically Adjusted PB Ratio was 18.90. The lowest was 0.92. And the median was 10.35.

AFGZF's Cyclically Adjusted PB Ratio is ranked better than
69.45% of 730 companies
in the Business Services industry
Industry Median: 1.57 vs AFGZF: 0.92

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.

Amadeus Fire AG's adjusted book value per share data for the three months ended in Mar. 2026 was $27.480. 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 $73.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amadeus Fire AG  (OTCPK:AFGZF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Amadeus Fire AG Cyclically Adjusted PB Ratio Related Terms


Amadeus Fire AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amadeus Fire AG's Cyclically Adjusted PB Ratio 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.

Amadeus Fire AG Cyclically Adjusted PB Ratio Chart

Amadeus Fire AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.45 8.43 7.65 4.16 2.15

Amadeus Fire AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 4.05 4.18 2.52 2.15 1.18

AFGZF vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Amadeus Fire AG'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.


Amadeus Fire AG Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Amadeus Fire AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Amadeus Fire AG's Cyclically Adjusted PB Ratio falls into.


AFGZF
62GF Score
Amadeus Fire AG AFGZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amadeus Fire AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Amadeus Fire AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.34/73.20
=1.18

* 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.

Amadeus Fire AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Amadeus Fire AG'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)
=27.48/131.2583*131.2583
=27.480

Current CPI (Mar. 2026) = 131.2583.

Amadeus Fire AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.429 100.717 9.682
201609 8.808 101.017 11.445
201612 9.137 101.217 11.849
201703 10.290 101.417 13.318
201706 7.663 102.117 9.850
201709 9.634 102.717 12.311
201712 10.602 102.617 13.561
201803 12.148 102.917 15.493
201806 8.093 104.017 10.212
201809 9.914 104.718 12.427
201812 10.988 104.217 13.839
201903 12.204 104.217 15.371
201906 8.169 105.718 10.143
201909 9.911 106.018 12.271
201912 10.687 105.818 13.256
202003 11.690 105.718 14.514
202006 12.326 106.618 15.175
202009 24.964 105.818 30.966
202012 25.563 105.518 31.799
202103 25.071 107.518 30.607
202106 25.070 108.486 30.333
202109 26.892 109.435 32.255
202112 28.720 110.384 34.151
202203 28.782 113.968 33.149
202206 25.583 115.760 29.008
202209 26.100 118.818 28.833
202212 30.817 119.345 33.893
202303 33.352 122.402 35.765
202306 30.378 123.140 32.381
202309 26.290 124.195 27.785
202312 29.878 123.773 31.685
202403 31.595 125.038 33.167
202406 27.402 125.882 28.572
202409 30.178 126.198 31.388
202412 29.741 127.041 30.728
202503 30.898 127.779 31.739
202506 28.250 128.412 28.876
202509 28.500 129.255 28.942
202512 28.020 129.361 28.431
202603 27.480 131.258 27.480

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

What does a Cyclically Adjusted PB Ratio of 1.18 mean?
Amadeus Fire AG (AFGZF) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Amadeus Fire AG and its competitors. This is 89% below median its historical median of 10.35. Over the past decade, Amadeus Fire AG's Cyclically Adjusted PB Ratio has ranged from 0.92 to 18.90. According to the industry distribution chart, Amadeus Fire AG ranks #223 out of 730 companies in the Business Services industry, placing it in the top 30.5%.
Is Amadeus Fire AG's Cyclically Adjusted PB Ratio too high?
Amadeus Fire AG's current Cyclically Adjusted PB Ratio of 1.18 is 89% below median its 10-year median of 10.35. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 18.90. The Business Services industry median Cyclically Adjusted PB Ratio is 1.57. Amadeus Fire AG's value of 1.18 is 24.8% below this industry median. Based on the distribution chart, Amadeus Fire AG ranks #223 out of 730 companies in the Business Services industry, which is above the industry midpoint. Overall, Amadeus Fire AG has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Amadeus Fire AG's Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Amadeus Fire AG ranks #223 out of 730 companies for Cyclically Adjusted PB Ratio. This puts Amadeus Fire AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Amadeus Fire AG's value of 1.18 is 24.8% below this benchmark. Historically, Amadeus Fire AG's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 18.90 over the past decade. While the company's 10-year median is 10.35 vs. the industry median of 1.57, Amadeus Fire AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.57, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amadeus Fire AG's current Cyclically Adjusted PB Ratio of 1.18 is 24.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Amadeus Fire AG and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amadeus Fire AG's current Cyclically Adjusted PB Ratio is 1.18, which is 89% below median its own 10-year median of 10.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amadeus Fire AG stock overvalued right now?
Amadeus Fire AG (AFGZF) has a current Cyclically Adjusted PB Ratio of 1.18. The stock's GF Value™ is $313.98, compared to a current price of $86.34 — trading 72.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 89% below median its 10-year median of 10.35 and 24.8% below the Business Services industry median of 1.57. Amadeus Fire AG's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Amadeus Fire AG (AFGZF), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 14, 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 Amadeus Fire AG (AFGZF) Overvalued in 2026?

Based on GuruFocus' analysis, Amadeus Fire AG stock appears to be undervalued. The current stock price of $86.34 is trading 72.5% below its estimated GF Value™ of $313.98.

Key valuation signals for AFGZF:

  • Cyclically Adjusted PB Ratio: 1.18 (89% below median its 10-year median of 10.35)
  • GF Value™: $313.98 vs. price of $86.34 (72.5% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 24.8% below the Business Services median (#223 of 730)

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


Amadeus Fire AG Business Description

Address Hanauer Landstrasse 160, Frankfurt am Main, DEU, 60314
Amadeus Fire AG is engaged in providing specialized staffing services for business professionals and executives. The business functions in Germany with two professional segments: Personnel services (Temporary Staffing, Permanent Placement, Interim Project Management), and Training. It provides services for international groups, medium-sized companies, and start-ups in the commercial and Information Technology sectors. Amadeus derives the majority of its revenue from the Personnel services segment.
62GF Score

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

$86.34
Price
$313.98
GF Value