Amphenol (MEX:APH) Cyclically Adjusted PB Ratio: 26.08 (As of Jul. 15, 2026) — 154% Above Median

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MEX:APH Amphenol Corp MEX:APH
88 GF Score
Price MXN2,746.00
GF Value MXN2,539.41
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Amphenol Cyclically Adjusted PB Ratio?

Amphenol MEX:APH -4.39% 88 Cyclically Adjusted PB Ratio is 26.08 as of Jul. 15, 2026, which is 154% above its 10-year median of 10.28. GuruFocus rates MEX:APH with a GF Score™ of 88/100 and a GF Value™ of MXN2,539.41 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,983 Hardware companies, Amphenol ranks worse than 97.08% on this metric.

As of today (2026-07-15), Amphenol's current share price is MXN2746.00. Amphenol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN105.28. Amphenol's Cyclically Adjusted PB Ratio for today is 26.08.

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

MEX:APH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.29   Med: 10.28   Max: 26.76
Current: 25.75

During the past years, Amphenol's highest Cyclically Adjusted PB Ratio was 26.76. The lowest was 6.29. And the median was 10.28.

MEX:APH's Cyclically Adjusted PB Ratio is ranked worse than
97.08% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs MEX:APH: 25.75

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.

Amphenol's adjusted book value per share data for the three months ended in Mar. 2026 was MXN205.005. 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 MXN105.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amphenol  (MEX:APH) 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.


Amphenol Cyclically Adjusted PB Ratio Related Terms


Amphenol Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amphenol'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.

Amphenol Cyclically Adjusted PB Ratio Chart

Amphenol 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 12.74 9.57 11.04 13.68 23.10

Amphenol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12.43 18.04 21.78 23.10 20.54

MEX:APH vs GLW, TEL, FLEX: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Amphenol'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.


Amphenol Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Amphenol's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:APH
88GF Score
Amphenol Corp MEX:APH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amphenol 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.

Amphenol's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2746.00/105.28
=26.08

* 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.

Amphenol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Amphenol's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=205.005/330.2130*330.2130
=205.005

Current CPI (Mar. 2026) = 330.2130.

Amphenol Quarterly Data

Book Value per Share CPI Adj_Book
201606 52.933 241.018 72.522
201609 58.105 241.428 79.473
201612 61.438 241.432 84.030
201703 57.094 243.801 77.330
201706 57.374 244.955 77.343
201709 60.501 246.819 80.943
201712 64.081 246.524 85.835
201803 58.843 249.554 77.862
201806 61.648 251.989 80.785
201809 62.219 252.439 81.388
201812 66.058 251.233 86.825
201903 67.097 254.202 87.160
201906 67.029 256.143 86.412
201909 69.262 256.759 89.077
201912 71.703 256.974 92.139
202003 86.886 258.115 111.155
202006 91.667 257.797 117.417
202009 93.283 260.280 118.347
202012 89.472 260.474 113.427
202103 93.475 264.877 116.532
202106 95.207 271.696 115.712
202109 102.292 274.310 123.139
202112 107.895 278.802 127.791
202203 107.143 287.504 123.059
202206 109.230 296.311 121.727
202209 111.070 296.808 123.571
202212 114.977 296.797 127.922
202303 110.640 301.836 121.042
202306 108.066 305.109 116.958
202309 114.371 307.789 122.704
202312 118.280 306.746 127.329
202403 119.753 312.332 126.609
202406 136.664 314.175 143.640
202409 154.420 315.301 161.723
202412 168.874 315.605 176.690
202503 174.269 319.799 179.944
202506 177.772 322.561 181.989
202509 187.689 324.800 190.817
202512 196.896 324.054 200.638
202603 205.005 330.213 205.005

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 26.08 mean?
Amphenol (MEX:APH) has a Cyclically Adjusted PB Ratio of 26.08 as of Jul. 15, 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 Amphenol and its competitors. This is 154% above median its historical median of 10.28. Over the past decade, Amphenol's Cyclically Adjusted PB Ratio has ranged from 6.29 to 26.76. According to the industry distribution chart, Amphenol ranks #1925 out of 1983 companies in the Hardware industry, placing it in the top 97.1%.
Is Amphenol's Cyclically Adjusted PB Ratio too high?
Amphenol's current Cyclically Adjusted PB Ratio of 26.08 is 154% above median its 10-year median of 10.28. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 26.76. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Amphenol's value of 26.08 is 1113% above this industry median. Based on the distribution chart, Amphenol ranks #1925 out of 1983 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Amphenol has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amphenol's Cyclically Adjusted PB Ratio compare to GLW and TEL?
According to the Hardware industry distribution chart, Amphenol ranks #1925 out of 1983 companies for Cyclically Adjusted PB Ratio. This places Amphenol in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Amphenol's value of 26.08 is 1113% above this benchmark. Historically, Amphenol's own Cyclically Adjusted PB Ratio has ranged from 6.29 to 26.76 over the past decade. While the company's 10-year median is 10.28 vs. the industry median of 2.15, Amphenol 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,983 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. Amphenol's current Cyclically Adjusted PB Ratio of 26.08 is 1113% 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 Amphenol and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amphenol's current Cyclically Adjusted PB Ratio is 26.08, which is 154% above median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amphenol stock overvalued right now?
Based on GuruFocus' analysis, Amphenol (MEX:APH) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,539.41, compared to a current price of MXN2,746.00 — trading 8.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 26.08, which is 154% above median its 10-year median of 10.28 and 1113% above the Hardware industry median of 2.15. Amphenol's overall GF Score™ is 88/100 with 6 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 Amphenol (MEX:APH), the current Cyclically Adjusted PB Ratio is 26.08 as of Jul. 15, 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 Amphenol (MEX:APH) Overvalued in 2026?

Based on GuruFocus' analysis, Amphenol stock appears to be overvalued. The current stock price of MXN2,746.00 is trading 8.1% above its estimated GF Value™ of MXN2,539.41. GuruFocus considers Amphenol to be Modestly Overvalued.

Key valuation signals for MEX:APH:

  • Cyclically Adjusted PB Ratio: 26.08 (154% above median its 10-year median of 10.28)
  • GF Value™: MXN2,539.41 vs. price of MXN2,746.00 (8.1% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 1113% above the Hardware median (#1925 of 1983)

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


Amphenol Business Description

Address 358 Hall Avenue, Wallingford, CT, USA, 06492
Amphenol is a global supplier of connectors, sensors, and interconnect systems. It holds the second-largest connector market share globally and sells into the automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks end markets. Amphenol is diversified geographically, with operations in 40 countries.
88GF Score

Get the complete analysis for MEX:APH

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

MXN2,746.00
Price
MXN2,539.41
GF Value