AMMHF (AMMB Holdings Bhd) Cyclically Adjusted PS 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.
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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.

AMMHF AMMB Holdings Bhd AMMHF
59 GF Score
Price $1.26
GF Value $1.11
! 4 Warning Signs
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What is AMMB Holdings Bhd Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AMMB Holdings Bhd  (OTCPK:AMMHF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


AMMB Holdings Bhd Cyclically Adjusted PS Ratio Related Terms


AMMB Holdings Bhd Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AMMB Holdings Bhd's Cyclically Adjusted PS 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.

AMMB Holdings Bhd Cyclically Adjusted PS Ratio Chart

AMMB Holdings Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.82 1.97 2.09 4.22

AMMB Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 2.07 2.99 2.79 4.14 2.87

AMMB Holdings Bhd Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, AMMB Holdings Bhd's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


AMMB Holdings Bhd Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, AMMB Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AMMB Holdings Bhd's Cyclically Adjusted PS Ratio falls into.


AMMHF
59GF Score
AMMB Holdings Bhd AMMHF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AMMB Holdings Bhd Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

AMMB Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AMMB Holdings Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.101/333.9520*333.9520
=0.101

Current CPI (Jun. 2026) = 333.9520.

AMMB Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.100 241.428 0.138
201612 0.084 241.432 0.116
201703 0.089 243.801 0.122
201706 0.094 244.955 0.128
201709 0.097 246.819 0.131
201712 0.091 246.524 0.123
201803 0.102 249.554 0.136
201806 0.099 251.989 0.131
201809 0.101 252.439 0.134
201812 0.100 251.233 0.133
201903 0.096 254.202 0.126
201906 0.098 256.143 0.128
201909 0.105 256.759 0.137
201912 0.108 256.974 0.140
202003 0.107 258.115 0.138
202006 0.090 257.797 0.117
202009 0.110 260.280 0.141
202012 0.114 260.474 0.146
202103 0.111 264.877 0.140
202106 0.107 271.696 0.132
202109 0.069 274.310 0.084
202112 0.075 278.802 0.090
202203 0.070 287.504 0.081
202206 0.075 296.311 0.085
202209 0.077 296.808 0.087
202212 0.078 296.797 0.088
202303 0.076 301.836 0.084
202306 0.082 305.109 0.090
202309 0.070 307.789 0.076
202312 0.074 306.746 0.081
202403 0.053 312.332 0.057
202406 0.081 314.175 0.086
202409 0.081 315.301 0.086
202412 0.088 315.605 0.093
202503 0.089 319.799 0.093
202506 0.087 322.561 0.090
202509 0.085 324.800 0.087
202512 0.092 324.054 0.095
202603 0.101 330.213 0.102
202606 0.101 333.952 0.101

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 AMMB Holdings Bhd (AMMHF) Overvalued in 2026?

Based on GuruFocus' analysis, AMMB Holdings Bhd stock appears to be overvalued. The current stock price of $1.26 is trading 13.1% above its estimated GF Value™ of $1.11.

Key valuation signals for AMMHF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $1.11 vs. price of $1.26 (13.1% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


AMMB Holdings Bhd Business Description

Other Exchanges 1015:Malaysia
Address No. 55, Jalan Raja Chulan, 22nd Floor, Bangunan AmBank Group, Kuala Lumpur, SGR, MYS, 50200
AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank's substantial segment which contributes the vast majority of revenue, is retail banking. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International. Investment banking, Fund management.
59GF Score

Get the complete analysis for AMMHF

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

$1.26
Price
$1.11
GF Value