AMMHF (AMMB Holdings Bhd) Cyclically Adjusted PB Ratio: 0.93 (As of Sep. 04, 2026) — 41% Above Median

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AMMHF AMMB Holdings Bhd AMMHF
60 GF Score
Price $1.26
GF Value $1.07
! 5 Warning Signs
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What is AMMB Holdings Bhd Cyclically Adjusted PB Ratio?

AMMB Holdings Bhd AMMHF 60 Cyclically Adjusted PB Ratio is 0.93 as of Sep. 04, 2026, which is 41% above its 10-year median of 0.66. GuruFocus rates AMMHF with a GF Score™ of 60/100 and a GF Value™ of $1.07. The stock has 5 warning signs investors should review. Among 1,274 Banks companies, AMMB Holdings Bhd ranks better than 65.38% on this metric.

As of today (2026-09-04), AMMB Holdings Bhd's current share price is $1.255. AMMB Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.35. AMMB Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.93.

The historical rank and industry rank for AMMB Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMMHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.66   Max: 1.07
Current: 1.01

During the past years, AMMB Holdings Bhd's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.51. And the median was 0.66.

AMMHF's Cyclically Adjusted PB Ratio is ranked better than
65.38% of 1274 companies
in the Banks industry
Industry Median: 1.29 vs AMMHF: 1.01

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 adjusted book value per share data for the three months ended in Jun. 2026 was $1.595. 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 $1.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMMB Holdings Bhd  (OTCPK:AMMHF) 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.


AMMB Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


AMMB Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AMMB Holdings Bhd'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.

AMMB Holdings Bhd Cyclically Adjusted PB Ratio Chart

AMMB Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.60 0.65 0.85 0.97

AMMB Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.77 0.84 0.98 0.97 0.93

AMMB Holdings Bhd Cyclically Adjusted PB Ratio 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
60GF Score
AMMB Holdings Bhd AMMHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AMMB Holdings Bhd 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.255/1.35
=0.93

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AMMB Holdings Bhd's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.595/333.9520*333.9520
=1.595

Current CPI (Jun. 2026) = 333.9520.

AMMB Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.258 241.428 1.740
201612 1.167 241.432 1.614
201703 1.199 243.801 1.642
201706 1.267 244.955 1.727
201709 1.282 246.819 1.735
201712 1.327 246.524 1.798
201803 1.404 249.554 1.879
201806 1.401 251.989 1.857
201809 1.361 252.439 1.800
201812 1.369 251.233 1.820
201903 1.440 254.202 1.892
201906 1.450 256.143 1.890
201909 1.441 256.759 1.874
201912 1.467 256.974 1.906
202003 1.438 258.115 1.861
202006 1.493 257.797 1.934
202009 1.549 260.280 1.987
202012 1.604 260.474 2.056
202103 1.078 264.877 1.359
202106 1.163 271.696 1.429
202109 1.168 274.310 1.422
202112 1.181 278.802 1.415
202203 1.200 287.504 1.394
202206 1.168 296.311 1.316
202209 1.147 296.808 1.291
202212 1.206 296.797 1.357
202303 1.221 301.836 1.351
202306 1.207 305.109 1.321
202309 1.195 307.789 1.297
202312 1.243 306.746 1.353
202403 1.247 312.332 1.333
202406 1.286 314.175 1.367
202409 1.417 315.301 1.501
202412 1.361 315.605 1.440
202503 1.408 319.799 1.470
202506 1.470 322.561 1.522
202509 1.513 324.800 1.556
202512 1.565 324.054 1.613
202603 1.656 330.213 1.675
202606 1.595 333.952 1.595

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 0.93 mean?
AMMB Holdings Bhd (AMMHF) has a Cyclically Adjusted PB Ratio of 0.93 as of Sep. 04, 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 AMMB Holdings Bhd and its competitors. This is 41% above median its historical median of 0.66. Over the past decade, AMMB Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.07. According to the industry distribution chart, AMMB Holdings Bhd ranks #441 out of 1274 companies in the Banks industry, placing it in the top 34.6%.
Is AMMB Holdings Bhd's Cyclically Adjusted PB Ratio too high?
AMMB Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.93 is 41% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.07. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. AMMB Holdings Bhd's value of 0.93 is 27.9% below this industry median. Based on the distribution chart, AMMB Holdings Bhd ranks #441 out of 1274 companies in the Banks industry, which is above the industry midpoint. Overall, AMMB Holdings Bhd has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does AMMB Holdings Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, AMMB Holdings Bhd ranks #441 out of 1274 companies for Cyclically Adjusted PB Ratio. This puts AMMB Holdings Bhd in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. AMMB Holdings Bhd's value of 0.93 is 27.9% below this benchmark. Historically, AMMB Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.07 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.29, AMMB Holdings Bhd 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.29, based on 1,274 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. AMMB Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.93 is 27.9% 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 AMMB Holdings Bhd and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMMB Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.93, which is 41% above median its own 10-year median of 0.66. 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?
AMMB Holdings Bhd (AMMHF) has a current Cyclically Adjusted PB Ratio of 0.93. The stock's GF Value™ is $1.07, compared to a current price of $1.26 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 41% above median its 10-year median of 0.66 and 27.9% below the Banks industry median of 1.29. AMMB Holdings Bhd's overall GF Score™ is 60/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For AMMB Holdings Bhd (AMMHF), the current Cyclically Adjusted PB Ratio is 0.93 as of Sep. 04, 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 17.3% above its estimated GF Value™ of $1.07.

Key valuation signals for AMMHF:

  • Cyclically Adjusted PB Ratio: 0.93 (41% above median its 10-year median of 0.66)
  • GF Value™: $1.07 vs. price of $1.26 (17.3% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 27.9% below the Banks median (#441 of 1274)

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.
60GF Score

Get the complete analysis for AMMHF

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

$1.26
Price
$1.07
GF Value