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Amadeus IT Group (MEX:AMS) Cyclically Adjusted PB Ratio : 7.95 (As of Jun. 20, 2024)


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What is Amadeus IT Group Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Amadeus IT Group's current share price is MXN1209.70. Amadeus IT Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN152.08. Amadeus IT Group's Cyclically Adjusted PB Ratio for today is 7.95.

The historical rank and industry rank for Amadeus IT Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:AMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.26   Med: 8.99   Max: 20.1
Current: 7.21

During the past years, Amadeus IT Group's highest Cyclically Adjusted PB Ratio was 20.10. The lowest was 6.26. And the median was 8.99.

MEX:AMS's Cyclically Adjusted PB Ratio is ranked worse than
84.14% of 1425 companies
in the Software industry
Industry Median: 2.52 vs MEX:AMS: 7.21

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.

Amadeus IT Group's adjusted book value per share data for the three months ended in Mar. 2024 was MXN187.317. 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 MXN152.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amadeus IT Group Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Amadeus IT Group Cyclically Adjusted PB Ratio Chart

Amadeus IT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.45 10.25 8.85 6.31 7.62

Amadeus IT Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.77 8.53 6.83 7.62 6.81

Competitive Comparison of Amadeus IT Group's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1209.70/152.08
=7.95

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amadeus IT Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=187.317/122.7621*122.7621
=187.317

Current CPI (Mar. 2024) = 122.7621.

Amadeus IT Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 81.026 101.081 98.406
201409 85.441 100.441 104.429
201412 75.458 100.251 92.402
201503 78.677 99.474 97.096
201506 84.913 101.138 103.068
201509 97.846 99.559 120.650
201512 97.424 100.268 119.280
201603 107.014 98.638 133.187
201606 117.977 100.333 144.350
201609 133.503 99.737 164.324
201612 136.057 101.842 164.005
201703 137.008 100.896 166.700
201706 136.186 101.848 164.151
201709 155.414 101.524 187.926
201712 139.547 102.975 166.362
201803 148.236 102.122 178.197
201806 154.881 104.165 182.534
201809 160.698 103.818 190.021
201812 164.740 104.193 194.099
201903 178.716 103.488 212.001
201906 176.405 104.612 207.012
201909 194.436 103.905 229.723
201912 183.898 105.015 214.977
202003 234.161 103.469 277.824
202006 250.167 104.254 294.578
202009 233.101 103.521 276.427
202012 201.263 104.456 236.535
202103 202.012 104.857 236.506
202106 194.285 107.102 222.692
202109 197.720 107.669 225.437
202112 192.971 111.298 212.848
202203 188.986 115.153 201.474
202206 200.732 118.044 208.755
202209 204.078 117.221 213.725
202212 210.470 117.650 219.615
202303 206.055 118.948 212.663
202306 195.731 120.278 199.773
202309 198.669 121.343 200.993
202312 188.361 121.300 190.632
202403 187.317 122.762 187.317

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.


Amadeus IT Group  (MEX:AMS) 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

Thank you for viewing the detailed overview of Amadeus IT Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Amadeus IT Group (MEX:AMS) Business Description

Industry
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.