AMC Entertainment Holdings (WBO:AMC2) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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
48 GF Score
Price €2.37
GF Value €1.68
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is AMC Entertainment Holdings Cyclically Adjusted PB Ratio?

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 - 0.40 0.08 0.06 0.03

AMC Entertainment Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.05 0.06 0.04 0.02 0.05

WBO:AMC2 vs IMAX, BATRA, LION: 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
48GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AMC Entertainment Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.423/333.9520*333.9520
=-1.423

Current CPI (Jun. 2026) = 333.9520.

AMC Entertainment Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 126.294 241.428 174.694
201612 152.797 241.432 211.351
201703 164.022 243.801 224.673
201706 146.453 244.955 199.662
201709 139.448 246.819 188.676
201712 121.607 246.524 164.734
201803 116.834 249.554 156.347
201806 116.732 251.989 154.701
201809 92.100 252.439 121.839
201812 104.252 251.233 138.577
201903 98.640 254.202 129.586
201906 95.437 256.143 124.428
201909 92.220 256.759 119.945
201912 91.905 256.974 119.436
202003 -82.790 258.115 -107.115
202006 -118.640 257.797 -153.687
202009 -159.868 260.280 -205.118
202012 -91.880 260.474 -117.799
202103 -38.131 264.877 -48.075
202106 -20.360 271.696 -25.025
202109 -24.363 274.310 -29.660
202112 -27.014 278.802 -32.358
202203 -33.424 287.504 -38.824
202206 -37.998 296.311 -42.825
202209 -22.414 296.808 -25.219
202212 -17.478 296.797 -19.666
202303 -14.087 301.836 -15.586
202306 -13.790 305.109 -15.094
202309 -10.180 307.789 -11.045
202312 -6.420 306.746 -6.989
202403 -7.134 312.332 -7.628
202406 -4.381 314.175 -4.657
202409 -4.138 315.301 -4.383
202412 -4.102 315.605 -4.340
202503 -3.714 319.799 -3.878
202506 -3.393 322.561 -3.513
202509 -2.949 324.800 -3.032
202512 -3.145 324.054 -3.241
202603 -2.763 330.213 -2.794
202606 -1.423 333.952 -1.423

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.

Is AMC Entertainment Holdings (WBO:AMC2) Overvalued in 2026?

Based on GuruFocus' analysis, AMC Entertainment Holdings stock appears to be overvalued. The current stock price of €2.37 is trading 41% above its estimated GF Value™ of €1.68. GuruFocus considers AMC Entertainment Holdings to be Significantly Overvalued.

Key valuation signals for WBO:AMC2:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.68 vs. price of €2.37 (41% above fair value)
  • GF Score™: 48/100 with 5 warning signs

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.
48GF 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.

€2.37
Price
€1.68
GF Value