AMC Entertainment Holdings (WBO:AMC2) Cyclically Adjusted PB Ratio: 0.10 (As of Jul. 20, 2026) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WBO:AMC2 AMC Entertainment Holdings Inc WBO:AMC2
51 GF Score
Price €1.68
GF Value €1.96
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is AMC Entertainment Holdings Cyclically Adjusted PB Ratio?

AMC Entertainment Holdings WBO:AMC2 -2.55% 51 Cyclically Adjusted PB Ratio is 0.10 as of Jul. 20, 2026, which is 29% below its 10-year median of 0.14. GuruFocus rates WBO:AMC2 with a GF Score™ of 51/100 and a GF Value™ of €1.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 714 Media - Diversified companies, AMC Entertainment Holdings ranks better than 96.22% on this metric.

As of today (2026-07-20), AMC Entertainment Holdings's current share price is €1.683. AMC Entertainment Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €16.60. AMC Entertainment Holdings's Cyclically Adjusted PB Ratio for today is 0.10.

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

WBO:AMC2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 2.66
Current: 0.1

During the past years, AMC Entertainment Holdings's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.05. And the median was 0.14.

WBO:AMC2's Cyclically Adjusted PB Ratio is ranked better than
96.22% of 714 companies
in the Media - Diversified industry
Industry Median: 0.985 vs WBO:AMC2: 0.10

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.

AMC Entertainment Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was €-2.753. 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 €16.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMC Entertainment Holdings  (WBO:AMC2) 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.


AMC Entertainment Holdings Cyclically Adjusted PB Ratio Related Terms


AMC Entertainment Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AMC Entertainment Holdings'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.

AMC Entertainment Holdings Cyclically Adjusted PB Ratio Chart

AMC Entertainment Holdings 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 2.66 0.81 0.16 0.13 0.07

AMC Entertainment Holdings 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 0.10 0.12 0.12 0.07 0.05

WBO:AMC2 vs IMAX, IQ, MCS: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, AMC Entertainment Holdings'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.


AMC Entertainment Holdings Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Entertainment Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WBO:AMC2
51GF Score
AMC Entertainment Holdings Inc WBO:AMC2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMC Entertainment Holdings 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.

AMC Entertainment Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.683/16.60
=0.10

* 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.

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

For example, AMC Entertainment Holdings'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)
=-2.753/330.2130*330.2130
=-2.753

Current CPI (Mar. 2026) = 330.2130.

AMC Entertainment Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 62.684 241.018 85.882
201609 63.273 241.428 86.542
201612 76.405 241.432 104.501
201703 82.049 243.801 111.130
201706 74.354 244.955 100.233
201709 69.178 246.819 92.552
201712 61.719 246.524 82.671
201803 58.280 249.554 77.117
201806 58.345 251.989 76.457
201809 45.854 252.439 59.981
201812 52.394 251.233 68.865
201903 49.010 254.202 63.665
201906 49.822 256.143 64.229
201909 45.645 256.759 58.703
201912 46.424 256.974 59.655
202003 -41.105 258.115 -52.587
202006 -59.162 257.797 -75.781
202009 -80.763 260.280 -102.463
202012 -46.639 260.474 -59.126
202103 -19.007 264.877 -23.695
202106 -10.020 271.696 -12.178
202109 -12.000 274.310 -14.446
202112 -13.595 278.802 -16.102
202203 -16.884 287.504 -19.392
202206 -18.790 296.311 -20.940
202209 -23.568 296.808 -26.221
202212 -18.908 296.797 -21.037
202303 -15.483 301.836 -16.939
202306 -15.051 305.109 -16.289
202309 -10.099 307.789 -10.835
202312 -6.503 306.746 -7.000
202403 -7.088 312.332 -7.494
202406 -4.362 314.175 -4.585
202409 -4.161 315.301 -4.358
202412 -4.057 315.605 -4.245
202503 -3.711 319.799 -3.832
202506 -3.454 322.561 -3.536
202509 -2.952 324.800 -3.001
202512 -3.155 324.054 -3.215
202603 -2.753 330.213 -2.753

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 0.10 mean?
AMC Entertainment Holdings (WBO:AMC2) has a Cyclically Adjusted PB Ratio of 0.10 as of Jul. 20, 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 AMC Entertainment Holdings and its competitors. This is 29% below median its historical median of 0.14. Over the past decade, AMC Entertainment Holdings' Cyclically Adjusted PB Ratio has ranged from 0.05 to 2.66. According to the industry distribution chart, AMC Entertainment Holdings ranks #27 out of 714 companies in the Media - Diversified industry, placing it in the top 3.8%.
Is AMC Entertainment Holdings' Cyclically Adjusted PB Ratio too high?
AMC Entertainment Holdings' current Cyclically Adjusted PB Ratio of 0.10 is 29% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.66. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. AMC Entertainment Holdings' value of 0.10 is 89.8% below this industry median. Based on the distribution chart, AMC Entertainment Holdings ranks #27 out of 714 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, AMC Entertainment Holdings has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AMC Entertainment Holdings' Cyclically Adjusted PB Ratio compare to IMAX and IQ?
According to the Media - Diversified industry distribution chart, AMC Entertainment Holdings ranks #27 out of 714 companies for Cyclically Adjusted PB Ratio. This places AMC Entertainment Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.99. AMC Entertainment Holdings' value of 0.10 is 89.8% below this benchmark. Historically, AMC Entertainment Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.05 to 2.66 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.99, AMC Entertainment Holdings 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 714 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. AMC Entertainment Holdings's current Cyclically Adjusted PB Ratio of 0.10 is 89.8% 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 AMC Entertainment Holdings and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMC Entertainment Holdings's current Cyclically Adjusted PB Ratio is 0.10, which is 29% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMC Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, AMC Entertainment Holdings (WBO:AMC2) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.96, compared to a current price of €1.68 — trading 14.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.10, which is 29% below median its 10-year median of 0.14 and 89.8% below the Media - Diversified industry median of 0.99. AMC Entertainment Holdings' overall GF Score™ is 51/100 with 5 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 AMC Entertainment Holdings (WBO:AMC2), the current Cyclically Adjusted PB Ratio is 0.10 as of Jul. 20, 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 AMC Entertainment Holdings (WBO:AMC2) Overvalued in 2026?

Based on GuruFocus' analysis, AMC Entertainment Holdings stock appears to be undervalued. The current stock price of €1.68 is trading 14.1% below its estimated GF Value™ of €1.96. GuruFocus considers AMC Entertainment Holdings to be Modestly Undervalued.

Key valuation signals for WBO:AMC2:

  • Cyclically Adjusted PB Ratio: 0.10 (29% below median its 10-year median of 0.14)
  • GF Value™: €1.96 vs. price of €1.68 (14.1% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 89.8% below the Media - Diversified median (#27 of 714)

No single metric tells the full story. See the WBO:AMC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AMC Entertainment Holdings Business Description

Address 11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211
AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, and premium presentation. The company has identified two reportable segments and reporting units for its theatrical exhibition operations, U.S. markets and International markets. It derives key revenue from the U.S.
51GF Score

Get the complete analysis for WBO:AMC2

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

€1.68
Price
€1.96
GF Value