Amadeus IT Group (CHIX:AMSE) Cyclically Adjusted PB Ratio: (As of Jul. 31, 2026)

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CHIX:AMSE Amadeus IT Group SA CHIX:AMSE
82 GF Score
Price €52.97
GF Value €79.12
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Amadeus IT Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Amadeus IT Group  (CHIX:AMSe) 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 IT Group Cyclically Adjusted PB Ratio Related Terms


Amadeus IT Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amadeus IT Group'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 IT Group Cyclically Adjusted PB Ratio Chart

Amadeus IT Group 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 8.85 6.31 7.62 7.35 6.22

Amadeus IT Group 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 7.31 6.84 6.22 4.71 0.00

CHIX:AMSE vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Amadeus IT Group'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 IT Group Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Amadeus IT Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:AMSE
82GF Score
Amadeus IT Group SA CHIX:AMSE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amadeus IT Group 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 IT Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Amadeus IT Group'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)
=10.769/130.5100*130.5100
=10.769

Current CPI (Jun. 2026) = 130.5100.

Amadeus IT Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.152 99.737 8.050
201612 6.256 101.842 8.017
201703 6.803 100.896 8.800
201706 6.705 101.848 8.592
201709 7.185 101.524 9.236
201712 6.004 102.975 7.609
201803 6.617 102.122 8.456
201806 6.747 104.165 8.453
201809 7.363 103.818 9.256
201812 7.375 104.193 9.238
201903 8.154 103.488 10.283
201906 8.127 104.612 10.139
201909 8.943 103.905 11.233
201912 8.776 105.015 10.907
202003 9.038 103.469 11.400
202006 9.624 104.254 12.048
202009 8.959 103.521 11.295
202012 8.317 104.456 10.391
202103 8.301 104.857 10.332
202106 8.101 107.102 9.872
202109 8.173 107.669 9.907
202112 8.325 111.298 9.762
202203 8.618 115.153 9.767
202206 9.439 118.044 10.436
202209 10.247 117.221 11.409
202212 10.191 117.650 11.305
202303 10.677 118.948 11.715
202306 10.538 120.278 11.434
202309 10.687 121.343 11.494
202312 10.176 121.300 10.949
202403 10.384 122.762 11.039
202406 10.417 124.409 10.928
202409 10.977 123.121 11.636
202412 11.600 124.753 12.135
202503 12.482 125.531 12.977
202506 11.968 127.251 12.275
202509 11.669 126.840 12.007
202512 11.264 128.400 11.449
202603 11.377 129.860 11.434
202606 10.769 130.510 10.769

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.

Is Amadeus IT Group (CHIX:AMSE) Overvalued in 2026?

Based on GuruFocus' analysis, Amadeus IT Group stock appears to be undervalued. The current stock price of €52.97 is trading 33.1% below its estimated GF Value™ of €79.12. GuruFocus considers Amadeus IT Group to be Significantly Undervalued.

Key valuation signals for CHIX:AMSE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €79.12 vs. price of €52.97 (33.1% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Amadeus IT Group Business Description

Address Salvador de Madariaga, 1, Madrid, ESP, 28027
Founded in 1987 by four major European airline carriers (Air France, Lufthansa, Iberia, and SAS), Amadeus became the world's second global distribution system operator, or GDS, after Sabre's development in the 1960s and 1970s. Today, among the top three GDS operators that control nearly 100% of industry sales, Amadeus' 40%-50% market share ranks as the largest. Overall, Amadeus' GDS segment represented 48% of total in 2025. Moreover, the company has an expanding IT solutions division (52% of 2025 revenue) that addresses the airline, airport, rail, hotel, and travel agency markets. Transaction fees, which are tied to volume and not price, account for the bulk of consolidated sales and profits.
82GF Score

Get the complete analysis for CHIX:AMSE

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

€52.97
Price
€79.12
GF Value