Amber International Holding (FRA:I9C) PS Ratio: 2.10 (As of Jul. 17, 2026) — 13% 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.

FRA:I9C Amber International Holding Ltd FRA:I9C
47 GF Score
Price €1.25
GF Value €5.91
! 3 Warning Signs
View Full Analysis

What is Amber International Holding PS Ratio?

Amber International Holding FRA:I9C +4.17% 47 PS Ratio is 2.10 as of Jul. 17, 2026, which is 13% below its 10-year median of 2.42. GuruFocus rates FRA:I9C with a GF Score™ of 47/100 and a GF Value™ of €5.91. The stock has 3 warning signs investors should review. Among 2,783 Software companies, Amber International Holding ranks worse than 51.13% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Amber International Holding's share price is €1.25. Amber International Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €0.59. Hence, Amber International Holding's PS Ratio for today is 2.10.

Good Sign:

Amber International Holding Ltd stock PS Ratio (=2.1) is close to 3-year low of 1.95.

The historical rank and industry rank for Amber International Holding's PS Ratio or its related term are showing as below:

FRA:I9C' s PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 2.42   Max: 246.88
Current: 2.1

During the past 11 years, Amber International Holding's highest PS Ratio was 246.88. The lowest was 0.13. And the median was 2.42.

FRA:I9C's PS Ratio is ranked worse than
51.13% of 2783 companies
in the Software industry
Industry Median: 2.04 vs FRA:I9C: 2.10

Amber International Holding's Revenue per Sharefor the three months ended in Mar. 2026 was €0.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €0.59.

Warning Sign:

Amber International Holding Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Amber International Holding was 118.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -45.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -68.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -43.60% per year.

During the past 11 years, Amber International Holding's highest 3-Year average Revenue per Share Growth Rate was 20.50% per year. The lowest was -88.90% per year. And the median was -27.75% per year.

Back to Basics: PS Ratio


Amber International Holding  (FRA:I9C) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Amber International Holding PS Ratio Related Terms


Amber International Holding PS Ratio Historical Data

* Premium members only.

The historical data trend for Amber International Holding's 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.

Amber International Holding PS Ratio Chart

Amber International Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 0.83 87.05 77.36 2.27

Amber International Holding Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.91 20.50 4.79 2.27 3.42

FRA:I9C vs DAVA, ZENA, TCX: PS Ratio Comparison

For the Software - Infrastructure subindustry, Amber International Holding's PS Ratio, along with its competitors' market caps and 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.


Amber International Holding PS Ratio vs Software Industry

For the Software industry and Technology sector, Amber International Holding's PS Ratio distribution charts can be found below:

* The bar in red indicates where Amber International Holding's PS Ratio falls into.


FRA:I9C
47GF Score
Amber International Holding Ltd FRA:I9C
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amber International Holding PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Amber International Holding's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.25/0.594
=2.10

Amber International Holding's Share Price of today is €1.25.
Amber International Holding's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.59.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.10 mean?
Amber International Holding (FRA:I9C) has a PS Ratio of 2.10 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Amber International Holding and its competitors. This is 13% below median its historical median of 2.42. Over the past decade, Amber International Holding's PS Ratio has ranged from 0.13 to 246.88. According to the industry distribution chart, Amber International Holding ranks #1423 out of 2783 companies in the Software industry, placing it in the top 51.1%.
Is Amber International Holding's PS Ratio too high?
Amber International Holding's current PS Ratio of 2.10 is 13% below median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 246.88. The Software industry median PS Ratio is 2.04. Amber International Holding's value of 2.10 is 2.9% above this industry median. Based on the distribution chart, Amber International Holding ranks #1423 out of 2783 companies in the Software industry, which is below the industry midpoint. Overall, Amber International Holding has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Amber International Holding's PS Ratio compare to DAVA and ZENA?
According to the Software industry distribution chart, Amber International Holding ranks #1423 out of 2783 companies for PS Ratio. This places Amber International Holding in the lower half of its industry. The industry median PS Ratio is 2.04. Amber International Holding's value of 2.10 is 2.9% above this benchmark. Historically, Amber International Holding's own PS Ratio has ranged from 0.13 to 246.88 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 2.04, Amber International Holding 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 PS Ratio for a Software company?
The median PS Ratio among Software companies is 2.04, based on 2,783 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amber International Holding's current PS Ratio of 2.10 is 2.9% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Amber International Holding and its competitors. For the Software industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amber International Holding's current PS Ratio is 2.10, which is 13% below median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amber International Holding stock overvalued right now?
Amber International Holding (FRA:I9C) has a current PS Ratio of 2.10. The stock's GF Value™ is €5.91, compared to a current price of €1.25 — trading 78.8% below its estimated fair value. The current PS Ratio is 2.10, which is 13% below median its 10-year median of 2.42 and 2.9% above the Software industry median of 2.04. Amber International Holding's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Amber International Holding (FRA:I9C), the current PS Ratio is 2.10 as of Jul. 17, 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 Amber International Holding (FRA:I9C) Overvalued in 2026?

Based on GuruFocus' analysis, Amber International Holding stock appears to be undervalued. The current stock price of €1.25 is trading 78.8% below its estimated GF Value™ of €5.91.

Key valuation signals for FRA:I9C:

  • PS Ratio: 2.10 (13% below median its 10-year median of 2.42)
  • GF Value™: €5.91 vs. price of €1.25 (78.8% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 2.9% above the Software median (#1423 of 2783)

No single metric tells the full story. See the FRA:I9C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amber International Holding Business Description

Other Exchanges AMBR:USAI9C:Germany
Address 1 Wallich Street, No. 30-02, Guoco Tower, Singapore, SGP, 078881
Amber International Holding Ltd is a digital asset wealth management platform, operating under the brand name Amber Premium. It acts as the institutional gateway to crypto finance, providing market access, execution infrastructure, and investment solutions for institutional investors and high-net-worth individuals (HNWIs). The company offers crypto-to-fiat and fiat-to-crypto conversion services, Amber Premium Crypto Card, over-the-counter trading solutions, trade execution, crypto-backed financing solutions, and a range of wealth management solutions in the crypto space. The Group's operating segments are: Digital Assets Services and Solutions, which generates the maximum revenue, and Online Advertising and SaaS Solutions. Geographically, it derives maximum revenue from North America.
47GF Score

Get the complete analysis for FRA:I9C

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

€1.25
Price
€5.91
GF Value