Ambarella (MIL:1AMBA) Cyclically Adjusted PB Ratio: 4.63 (As of Sep. 14, 2026) — Near Median

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MIL:1AMBA Ambarella Inc MIL:1AMBA
52 GF Score
Price €58.08
GF Value €63.61
Valuation Fairly Valued
! 2 Warning Signs
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What is Ambarella Cyclically Adjusted PB Ratio?

Ambarella MIL:1AMBA -0.82% 52 Cyclically Adjusted PB Ratio is 4.63 as of Sep. 14, 2026, which is 7% below its 10-year median of 4.96. GuruFocus rates MIL:1AMBA with a GF Score™ of 52/100 and a GF Value™ of €63.61 (Fairly Valued). The stock has 2 warning signs investors should review. Among 725 Semiconductors companies, Ambarella ranks worse than 58.76% on this metric.

As of today (2026-09-14), Ambarella's current share price is €58.08. Ambarella's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was €12.55. Ambarella's Cyclically Adjusted PB Ratio for today is 4.63.

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

MIL:1AMBA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 4.96   Max: 18.62
Current: 4.11

During the past years, Ambarella's highest Cyclically Adjusted PB Ratio was 18.62. The lowest was 2.65. And the median was 4.96.

MIL:1AMBA's Cyclically Adjusted PB Ratio is ranked worse than
58.76% of 725 companies
in the Semiconductors industry
Industry Median: 3.16 vs MIL:1AMBA: 4.11

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.

Ambarella's adjusted book value per share data for the three months ended in Jul. 2026 was €12.296. 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 €12.55 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ambarella  (MIL:1AMBA) 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.


Ambarella Cyclically Adjusted PB Ratio Related Terms


Ambarella Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ambarella'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.

Ambarella Cyclically Adjusted PB Ratio Chart

Ambarella Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.98 6.59 3.53 4.86 3.95

Ambarella Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 4.10 5.26 3.95 4.16 5.20

MIL:1AMBA vs UCTT, IPGP, VECO: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Ambarella'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.


Ambarella Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


MIL:1AMBA
52GF Score
Ambarella Inc MIL:1AMBA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambarella 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.08/12.55
=4.63

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=12.296/333.9180*333.9180
=12.296

Current CPI (Jul. 2026) = 333.9180.

Ambarella Quarterly Data

Book Value per Share CPI Adj_Book
201610 11.591 241.729 16.011
201701 12.807 242.839 17.610
201704 12.919 244.524 17.642
201707 11.816 244.786 16.118
201710 11.989 246.663 16.230
201801 11.806 247.867 15.905
201804 11.441 250.546 15.248
201807 11.349 252.006 15.038
201810 11.126 252.885 14.691
201901 11.375 251.712 15.090
201904 11.484 255.548 15.006
201907 11.570 256.571 15.058
201910 12.001 257.346 15.572
202001 11.942 257.971 15.458
202004 12.205 256.389 15.896
202007 11.529 259.101 14.858
202010 11.213 260.388 14.379
202101 10.970 261.582 14.004
202104 11.323 267.054 14.158
202107 11.614 273.003 14.205
202110 12.355 276.589 14.916
202201 12.967 281.148 15.401
202204 13.965 289.109 16.129
202207 14.797 296.276 16.677
202210 15.414 298.012 17.271
202301 14.406 299.170 16.079
202304 13.964 303.363 15.370
202307 13.656 305.691 14.917
202310 13.931 307.671 15.119
202401 12.684 308.417 13.733
202404 12.630 313.548 13.451
202407 12.232 314.540 12.986
202410 12.211 315.664 12.917
202501 12.924 317.671 13.585
202504 12.018 320.795 12.510
202507 11.578 323.048 11.968
202510 11.775 0.000
202601 11.688 325.252 11.999
202604 11.809 333.020 11.841
202607 12.296 333.918 12.296

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 4.63 mean?
Ambarella (MIL:1AMBA) has a Cyclically Adjusted PB Ratio of 4.63 as of Sep. 14, 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 Ambarella and its competitors. This is near median its historical median of 4.96. Over the past decade, Ambarella's Cyclically Adjusted PB Ratio has ranged from 2.65 to 18.62. According to the industry distribution chart, Ambarella ranks #426 out of 725 companies in the Semiconductors industry, placing it in the top 58.8%.
Is Ambarella's Cyclically Adjusted PB Ratio too high?
Ambarella's current Cyclically Adjusted PB Ratio of 4.63 is near median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 18.62. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.16. Ambarella's value of 4.63 is 46.5% above this industry median. Based on the distribution chart, Ambarella ranks #426 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Ambarella has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ambarella's Cyclically Adjusted PB Ratio compare to UCTT and IPGP?
According to the Semiconductors industry distribution chart, Ambarella ranks #426 out of 725 companies for Cyclically Adjusted PB Ratio. This places Ambarella in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.16. Ambarella's value of 4.63 is 46.5% above this benchmark. Historically, Ambarella's own Cyclically Adjusted PB Ratio has ranged from 2.65 to 18.62 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 3.16, Ambarella 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.16, based on 725 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. Ambarella's current Cyclically Adjusted PB Ratio of 4.63 is 46.5% 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 Ambarella and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambarella's current Cyclically Adjusted PB Ratio is 4.63, which is near median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambarella stock overvalued right now?
Based on GuruFocus' analysis, Ambarella (MIL:1AMBA) is currently considered Fairly Valued. The stock's GF Value™ is €63.61, compared to a current price of €58.08 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.63, which is near median its 10-year median of 4.96 and 46.5% above the Semiconductors industry median of 3.16. Ambarella's overall GF Score™ is 52/100 with 2 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 Ambarella (MIL:1AMBA), the current Cyclically Adjusted PB Ratio is 4.63 as of Sep. 14, 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 Ambarella (MIL:1AMBA) Overvalued in 2026?

Based on GuruFocus' analysis, Ambarella stock appears to be undervalued. The current stock price of €58.08 is trading 8.7% below its estimated GF Value™ of €63.61. GuruFocus considers Ambarella to be Fairly Valued.

Key valuation signals for MIL:1AMBA:

  • Cyclically Adjusted PB Ratio: 4.63 (near median its 10-year median of 4.96)
  • GF Value™: €63.61 vs. price of €58.08 (8.7% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 46.5% above the Semiconductors median (#426 of 725)

No single metric tells the full story. See the MIL:1AMBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ambarella Business Description

Address 3001 Tasman Drive, Santa Clara, CA, USA, 95054
Ambarella Inc is a developer of low-power system-on-a-chip, or SoC, semiconductors and software for edge and physical artificial intelligence (AI) applications and intelligent automation. Its products are used in a wide variety of human viewing, computer vision for edge and physical AI applications, including a variety of video security cameras, automotive camera systems, fixed robots, autonomous mobile robots (AMRs), industrial applications, intelligent transportation systems, and consumer devices, such as action, drone and 360 degree cameras. The company operates as a single operating and reportable segment and derives substantially all of its revenue from development and sales of low-power AI-based processing and video and image processing SoC solutions.
52GF Score

Get the complete analysis for MIL:1AMBA

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

€58.08
Price
€63.61
GF Value