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Medondo Holding AGFRA:AMI +46.51%43 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 22, 2026, which is 76% below its 10-year median of 3.42. GuruFocus rates FRA:AMI with a GF Score™ of 43/100 and a GF Value™ of €0.42 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,593 Software companies, Medondo Holding AG ranks better than 80.54% on this metric.
The historical rank and industry rank for Medondo Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:AMI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 3.42 Max: 6.7
Current: 0.76
During the past 13 years, Medondo Holding AG's highest Cyclically Adjusted PB Ratio was 6.70. The lowest was 0.13. And the median was 3.42.
FRA:AMI's Cyclically Adjusted PB Ratio is ranked better than 80.54% of 1593
companies
in the Software industry
Industry Median: 2.26
vs FRA:AMI: 0.76
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.
Medondo Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.095. 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 €0.23 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Medondo Holding AG (FRA:AMI) 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.
Medondo Holding AG Cyclically Adjusted PB Ratio Related Terms
Medondo Holding AG Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Medondo Holding 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.
Medondo Holding AG Cyclically Adjusted PB Ratio Chart
FRA:AMI vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison
For the Information Technology Services subindustry, Medondo Holding 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.
Medondo Holding AG Cyclically Adjusted PB Ratio vs Software Industry
For the Software industry and Technology sector, Medondo Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Medondo Holding AG's Cyclically Adjusted PB Ratio falls into.
Medondo Holding 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.
Medondo Holding AG's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.82 mean?
Medondo Holding AG (FRA:AMI) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 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 Medondo Holding AG and its competitors. This is 76% below median its historical median of 3.42. Over the past decade, Medondo Holding AG's Cyclically Adjusted PB Ratio has ranged from 0.13 to 6.70. According to the industry distribution chart, Medondo Holding AG ranks #310 out of 1593 companies in the Software industry, placing it in the top 19.5%.
Is Medondo Holding AG's Cyclically Adjusted PB Ratio too high?
Medondo Holding AG's current Cyclically Adjusted PB Ratio of 0.82 is 76% below median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 6.70. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Medondo Holding AG's value of 0.82 is 63.7% below this industry median. Based on the distribution chart, Medondo Holding AG ranks #310 out of 1593 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Medondo Holding AG has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medondo Holding AG's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Medondo Holding AG ranks #310 out of 1593 companies for Cyclically Adjusted PB Ratio. This places Medondo Holding AG in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.26. Medondo Holding AG's value of 0.82 is 63.7% below this benchmark. Historically, Medondo Holding AG's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 6.70 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 2.26, Medondo Holding 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,593 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. Medondo Holding AG's current Cyclically Adjusted PB Ratio of 0.82 is 63.7% 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 Medondo Holding AG and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medondo Holding AG's current Cyclically Adjusted PB Ratio is 0.82, which is 76% below median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medondo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Medondo Holding AG (FRA:AMI) is currently considered Possible Value Trap. The stock's GF Value™ is €0.42, compared to a current price of €0.19 — trading 55% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 76% below median its 10-year median of 3.42 and 63.7% below the Software industry median of 2.26. Medondo Holding AG's overall GF Score™ is 43/100 with 8 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 Medondo Holding AG (FRA:AMI), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 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 Medondo Holding AG (FRA:AMI) Overvalued in 2026?
Based on GuruFocus' analysis, Medondo Holding AG stock appears to be undervalued.
The current stock price of €0.19 is trading 55% below its estimated GF Value™ of €0.42.
GuruFocus considers Medondo Holding AG to be Possible Value Trap.
Key valuation signals for FRA:AMI:
Cyclically Adjusted PB Ratio: 0.82 (76% below median its 10-year median of 3.42)
GF Value™: €0.42 vs. price of €0.19 (55% below fair value)
Industry Position: 63.7% below the Software median (#310 of 1593)
No single metric tells the full story. See the FRA:AMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medondo Holding AG is a management holding company based in Germany. Along with its subsidiaries, the company is involved in the provision of integrated, cloud-based software solutions for medical specialties, with a particular focus on secure and efficient patient communication. The group offers a cloud-based, integrated practice management software, Medondo Manager, which digitizes the different processes of medical practice. The software is provided to clients on a subscription-based model and features various capabilities, including a dedicated portal for each patient, an online appointment calendar, digital anamnesis, digital self-check-in, digital documents, and the generation of digital invoices, among other features.
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