Amazon.com (BOG:AMZNCO) Cyclically Adjusted PB Ratio: 15.05 (As of Aug. 22, 2026) — 67% Below Median

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BOG:AMZNCO Amazon.com Inc BOG:AMZNCO
93 GF Score
Price COP938,000.00
GF Value COP887,333.36
! 5 Warning Signs
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What is Amazon.com Cyclically Adjusted PB Ratio?

Amazon.com BOG:AMZNCO 93 Cyclically Adjusted PB Ratio is 15.05 as of Aug. 22, 2026, which is 67% below its 10-year median of 45.78. GuruFocus rates BOG:AMZNCO with a GF Score™ of 93/100 and a GF Value™ of COP887,333.36. The stock has 5 warning signs investors should review. Among 786 Retail - Cyclical companies, Amazon.com ranks worse than 97.46% on this metric.

As of today (2026-08-22), Amazon.com's current share price is COP938000.00. Amazon.com's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was COP62,339.18. Amazon.com's Cyclically Adjusted PB Ratio for today is 15.05.

The historical rank and industry rank for Amazon.com's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOG:AMZNCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.51   Med: 45.78   Max: 76.24
Current: 16.42

During the past years, Amazon.com's highest Cyclically Adjusted PB Ratio was 76.24. The lowest was 14.51. And the median was 45.78.

BOG:AMZNCO's Cyclically Adjusted PB Ratio is ranked worse than
97.46% of 786 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs BOG:AMZNCO: 16.42

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.

Amazon.com's adjusted book value per share data for the three months ended in Jun. 2026 was COP176,144.441. 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 COP62,339.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com  (BOG:AMZNCO) 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.


Amazon.com Cyclically Adjusted PB Ratio Related Terms


Amazon.com Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amazon.com'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.

Amazon.com Cyclically Adjusted PB Ratio Chart

Amazon.com 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 40.90 15.03 20.63 22.36 17.44

Amazon.com 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 19.15 17.77 17.44 14.40 15.05

BOG:AMZNCO vs BABA, PDD, MELI: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BOG:AMZNCO
93GF Score
Amazon.com Inc BOG:AMZNCO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amazon.com 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.

Amazon.com's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=938000.00/62339.18
=15.05

* 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.

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

For example, Amazon.com'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)
=176144.441/333.9520*333.9520
=176,144.441

Current CPI (Jun. 2026) = 333.9520.

Amazon.com Quarterly Data

Book Value per Share CPI Adj_Book
201609 5,456.454 241.428 7,547.566
201612 6,211.528 241.432 8,591.869
201703 6,540.356 243.801 8,958.802
201706 7,361.739 244.955 10,036.404
201709 7,525.319 246.819 10,181.936
201712 8,628.347 246.524 11,688.329
201803 9,331.861 249.554 12,487.853
201806 10,378.136 251.989 13,753.772
201809 12,182.756 252.439 16,116.589
201812 14,330.815 251.233 19,049.266
201903 15,149.281 254.202 19,902.018
201906 18,120.225 256.143 23,624.637
201909 19,361.126 256.759 25,181.928
201912 21,875.901 256.974 28,428.950
202003 22,892.615 258.115 29,618.715
202006 27,416.223 257.797 35,515.163
202009 30,461.448 260.280 39,083.531
202012 33,090.172 260.474 42,424.692
202103 37,203.964 264.877 46,906.067
202106 41,676.215 271.696 51,225.838
202109 44,642.685 274.310 54,349.145
202112 53,521.734 278.802 64,108.902
202203 51,677.518 287.504 60,026.332
202206 48,664.415 296.311 54,846.356
202209 59,764.846 296.808 67,244.110
202212 68,007.106 296.797 76,520.683
202303 72,816.290 301.836 80,564.100
202306 72,493.777 305.109 79,346.862
202309 71,823.197 307.789 77,928.387
202312 77,874.993 306.746 84,781.903
202403 81,759.899 312.332 87,419.418
202406 86,872.312 314.175 92,340.837
202409 102,966.126 315.301 109,056.881
202412 119,697.598 315.605 126,655.954
202503 118,906.540 319.799 124,168.859
202506 126,353.539 322.561 130,815.620
202509 135,546.373 324.800 139,365.709
202512 143,283.214 324.054 147,659.698
202603 151,023.042 330.213 152,733.075
202606 176,144.441 333.952 176,144.441

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 15.05 mean?
Amazon.com (BOG:AMZNCO) has a Cyclically Adjusted PB Ratio of 15.05 as of Aug. 22, 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 Amazon.com and its competitors. This is 67% below median its historical median of 45.78. Over the past decade, Amazon.com's Cyclically Adjusted PB Ratio has ranged from 14.51 to 76.24. According to the industry distribution chart, Amazon.com ranks #766 out of 786 companies in the Retail - Cyclical industry, placing it in the top 97.5%.
Is Amazon.com's Cyclically Adjusted PB Ratio too high?
Amazon.com's current Cyclically Adjusted PB Ratio of 15.05 is 67% below median its 10-year median of 45.78. Over the past 10 years, this metric has ranged from a low of 14.51 to a high of 76.24. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Amazon.com's value of 15.05 is 1133.6% above this industry median. Based on the distribution chart, Amazon.com ranks #766 out of 786 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Amazon.com has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Amazon.com's Cyclically Adjusted PB Ratio compare to BABA and PDD?
According to the Retail - Cyclical industry distribution chart, Amazon.com ranks #766 out of 786 companies for Cyclically Adjusted PB Ratio. This places Amazon.com in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Amazon.com's value of 15.05 is 1133.6% above this benchmark. Historically, Amazon.com's own Cyclically Adjusted PB Ratio has ranged from 14.51 to 76.24 over the past decade. While the company's 10-year median is 45.78 vs. the industry median of 1.22, Amazon.com has consistently been above 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 786 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. Amazon.com's current Cyclically Adjusted PB Ratio of 15.05 is 1133.6% above 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 Amazon.com and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amazon.com's current Cyclically Adjusted PB Ratio is 15.05, which is 67% below median its own 10-year median of 45.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazon.com stock overvalued right now?
Amazon.com (BOG:AMZNCO) has a current Cyclically Adjusted PB Ratio of 15.05. The stock's GF Value™ is COP887,333.36, compared to a current price of COP938,000.00 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.05, which is 67% below median its 10-year median of 45.78 and 1133.6% above the Retail - Cyclical industry median of 1.22. Amazon.com's overall GF Score™ is 93/100 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 Amazon.com (BOG:AMZNCO), the current Cyclically Adjusted PB Ratio is 15.05 as of Aug. 22, 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 Amazon.com (BOG:AMZNCO) Overvalued in 2026?

Based on GuruFocus' analysis, Amazon.com stock appears to be overvalued. The current stock price of COP938,000.00 is trading 5.7% above its estimated GF Value™ of COP887,333.36.

Key valuation signals for BOG:AMZNCO:

  • Cyclically Adjusted PB Ratio: 15.05 (67% below median its 10-year median of 45.78)
  • GF Value™: COP887,333.36 vs. price of COP938,000.00 (5.7% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 1133.6% above the Retail - Cyclical median (#766 of 786)

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


Amazon.com Business Description

Address 410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
93GF Score

Get the complete analysis for BOG:AMZNCO

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

COP938,000.00
Price
COP887,333.36
GF Value