Amber International Holding (FRA:I9C) Cyclically Adjusted PB Ratio: 0.11 (As of Aug. 08, 2026) — 74% Below Median

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FRA:I9C Amber International Holding Ltd FRA:I9C
47 GF Score
Price €1.13
GF Value €5.85
! 3 Warning Signs
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What is Amber International Holding Cyclically Adjusted PB Ratio?

Amber International Holding FRA:I9C -3.42% 47 Cyclically Adjusted PB Ratio is 0.11 as of Aug. 08, 2026, which is 74% below its 10-year median of 0.42. GuruFocus rates FRA:I9C with a GF Score™ of 47/100 and a GF Value™ of €5.85. The stock has 3 warning signs investors should review. Among 1,012 Asset Management companies, Amber International Holding ranks better than 95.85% on this metric.

As of today (2026-08-08), Amber International Holding's current share price is €1.13. Amber International Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €10.42. Amber International Holding's Cyclically Adjusted PB Ratio for today is 0.11.

The historical rank and industry rank for Amber International Holding's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:I9C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.42   Max: 1.12
Current: 0.11

During the past 11 years, Amber International Holding's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.11. And the median was 0.42.

FRA:I9C's Cyclically Adjusted PB Ratio is ranked better than
95.85% of 1012 companies
in the Asset Management industry
Industry Median: 0.855 vs FRA:I9C: 0.11

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.

Amber International Holding's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.999. 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 €10.42 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amber International Holding  (FRA:I9C) 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.


Amber International Holding Cyclically Adjusted PB Ratio Related Terms


Amber International Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amber International Holding'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.

Amber International Holding Cyclically Adjusted PB Ratio Chart

Amber International Holding 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 0.00 0.00 0.00 0.87 0.14

Amber International Holding Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 0.00 0.00 0.00 0.14 0.00

FRA:I9C vs VIVO, DAVA, ZENA: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Amber International Holding'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.


Amber International Holding Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Amber International Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Amber International Holding's Cyclically Adjusted PB Ratio falls into.


FRA:I9C
47GF Score
Amber International Holding Ltd FRA:I9C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amber International Holding 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.

Amber International Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.13/10.42
=0.11

* 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.

Amber International Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Amber International Holding's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.999/324.0540*324.0540
=0.999

Current CPI (Dec25) = 324.0540.

Amber International Holding Annual Data

Book Value per Share CPI Adj_Book
201612 -27.059 241.432 -36.319
201712 19.452 246.524 25.570
201812 16.544 251.233 21.339
201912 17.052 256.974 21.503
202012 25.756 260.474 32.043
202112 26.268 278.802 30.532
202212 7.252 296.797 7.918
202312 -0.421 306.746 -0.445
202412 3.205 315.605 3.291
202512 0.999 324.054 0.999

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 0.11 mean?
Amber International Holding (FRA:I9C) has a Cyclically Adjusted PB Ratio of 0.11 as of Aug. 08, 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 Amber International Holding and its competitors. This is 74% below median its historical median of 0.42. Over the past decade, Amber International Holding's Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.12. According to the industry distribution chart, Amber International Holding ranks #42 out of 1012 companies in the Asset Management industry, placing it in the top 4.2%.
Is Amber International Holding's Cyclically Adjusted PB Ratio too high?
Amber International Holding's current Cyclically Adjusted PB Ratio of 0.11 is 74% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.12. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. Amber International Holding's value of 0.11 is 87.1% below this industry median. Based on the distribution chart, Amber International Holding ranks #42 out of 1012 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Amber International Holding has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Amber International Holding's Cyclically Adjusted PB Ratio compare to VIVO and DAVA?
According to the Asset Management industry distribution chart, Amber International Holding ranks #42 out of 1012 companies for Cyclically Adjusted PB Ratio. This places Amber International Holding in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.86. Amber International Holding's value of 0.11 is 87.1% below this benchmark. Historically, Amber International Holding's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.12 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.86, Amber International Holding 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,012 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. Amber International Holding's current Cyclically Adjusted PB Ratio of 0.11 is 87.1% 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 Amber International Holding and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amber International Holding's current Cyclically Adjusted PB Ratio is 0.11, which is 74% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amber International Holding stock overvalued right now?
Amber International Holding (FRA:I9C) has a current Cyclically Adjusted PB Ratio of 0.11. The stock's GF Value™ is €5.85, compared to a current price of €1.13 — trading 80.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.11, which is 74% below median its 10-year median of 0.42 and 87.1% below the Asset Management industry median of 0.86. Amber International Holding's overall GF Score™ is 47/100 with 3 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 Amber International Holding (FRA:I9C), the current Cyclically Adjusted PB Ratio is 0.11 as of Aug. 08, 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 Amber International Holding (FRA:I9C) Overvalued in 2026?

Based on GuruFocus' analysis, Amber International Holding stock appears to be undervalued. The current stock price of €1.13 is trading 80.7% below its estimated GF Value™ of €5.85.

Key valuation signals for FRA:I9C:

  • Cyclically Adjusted PB Ratio: 0.11 (74% below median its 10-year median of 0.42)
  • GF Value™: €5.85 vs. price of €1.13 (80.7% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 87.1% below the Asset Management median (#42 of 1012)

No single metric tells the full story. See the FRA:I9C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amber International Holding Business Description

Other Exchanges AMBR:USAI9C:Germany
Address 1 Wallich Street, No. 30-02, Guoco Tower, Singapore, SGP, 078881
Amber International Holding Ltd is a digital asset wealth management platform, operating under the brand name Amber Premium. It acts as the institutional gateway to crypto finance, providing market access, execution infrastructure, and investment solutions for institutional investors and high-net-worth individuals (HNWIs). The company offers crypto-to-fiat and fiat-to-crypto conversion services, Amber Premium Crypto Card, over-the-counter trading solutions, trade execution, crypto-backed financing solutions, and a range of wealth management solutions in the crypto space. The Group's operating segments are: Digital Assets Services and Solutions, which generates the maximum revenue, and Online Advertising and SaaS Solutions. Geographically, it derives maximum revenue from North America.
47GF Score

Get the complete analysis for FRA:I9C

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

€1.13
Price
€5.85
GF Value