CEBUF (Cebu Air) Cyclically Adjusted Book per Share: $0.63 (As of Jun. 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.

CEBUF Cebu Air Inc CEBUF
57 GF Score
Price $0.47
GF Value $0.76
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Cebu Air Cyclically Adjusted Book per Share?

Cebu Air CEBUF 57 Cyclically Adjusted Book per Share is $0.63 as of Jun. 2026. GuruFocus rates CEBUF with a GF Score™ of 57/100 and a GF Value™ of $0.76 (Possible Value Trap). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Cebu Air's adjusted book value per share for the three months ended in Jun. 2026 was $0.341. 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 $0.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Cebu Air's average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cebu Air was 1.90% per year. The lowest was -4.40% per year. And the median was -2.10% per year.

As of today (2026-08-13), Cebu Air's current stock price is $0.4693. Cebu Air's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.63. Cebu Air's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cebu Air was 2.09. The lowest was 0.51. And the median was 0.74.


Cebu Air  (OTCPK:CEBUF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Cebu Air's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.4693/0.63
=0.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cebu Air was 2.09. The lowest was 0.51. And the median was 0.74.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Cebu Air Cyclically Adjusted Book per Share Related Terms


Cebu Air Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cebu Air's Cyclically Adjusted Book per Share 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.

Cebu Air Cyclically Adjusted Book per Share Chart

Cebu Air Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 2.11 1.89 0.02 2.49

Cebu Air Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 0.02 2.31 2.49 2.79 0.63

CEBUF vs DAL, UAL, LUV: Cyclically Adjusted Book per Share Comparison

For the Airlines subindustry, Cebu Air'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.


Cebu Air Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CEBUF
57GF Score
Cebu Air Inc CEBUF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cebu Air Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cebu Air'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)
=0.341/333.9520*333.9520
=0.341

Current CPI (Jun. 2026) = 333.9520.

Cebu Air Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.840 241.428 1.162
201612 0.913 241.432 1.263
201703 0.936 243.801 1.282
201706 0.974 244.955 1.328
201709 0.987 246.819 1.335
201712 1.071 246.524 1.451
201803 1.110 249.554 1.485
201806 1.087 251.989 1.441
201809 1.072 252.439 1.418
201812 1.086 251.233 1.444
201903 1.178 254.202 1.548
201906 1.165 256.143 1.519
201909 1.154 256.759 1.501
201912 1.219 256.974 1.584
202003 1.140 258.115 1.475
202006 0.956 257.797 1.238
202009 0.810 260.280 1.039
202012 0.617 260.474 0.791
202103 0.749 264.877 0.944
202106 0.567 271.696 0.697
202109 0.344 274.310 0.419
202112 0.283 278.802 0.339
202203 0.084 287.504 0.098
202206 0.028 296.311 0.032
202209 -0.028 296.808 -0.032
202212 -0.076 296.797 -0.086
202303 -0.059 301.836 -0.065
202306 0.011 305.109 0.012
202309 0.047 307.789 0.051
202312 0.117 306.746 0.127
202403 0.175 312.332 0.187
202406 0.209 314.175 0.222
202409 0.203 315.301 0.215
202412 0.254 315.605 0.269
202503 0.264 319.799 0.276
202506 0.486 322.561 0.503
202509 0.423 324.800 0.435
202512 0.501 324.054 0.516
202603 0.492 330.213 0.498
202606 0.341 333.952 0.341

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $0.63 mean?
Cebu Air (CEBUF) has a Cyclically Adjusted Book per Share of $0.63 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cebu Air and its competitors.
Is Cebu Air's Cyclically Adjusted Book per Share too high?
Cebu Air's current Cyclically Adjusted Book per Share is $0.63. Overall, Cebu Air has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's Cyclically Adjusted Book per Share compare to DAL and UAL?
Cebu Air's Cyclically Adjusted Book per Share of $0.63 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cebu Air and its competitors. Cebu Air's current Cyclically Adjusted Book per Share is $0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (CEBUF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.76, compared to a current price of $0.47 — trading 38.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is $0.63. Cebu Air's overall GF Score™ is 57/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Cebu Air (CEBUF), the current Cyclically Adjusted Book per Share is $0.63 as of Jun. 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 Cebu Air (CEBUF) Overvalued in 2026?

Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued. The current stock price of $0.47 is trading 38.3% below its estimated GF Value™ of $0.76. GuruFocus considers Cebu Air to be Possible Value Trap.

Key valuation signals for CEBUF:

  • Cyclically Adjusted Book per Share: $0.63
  • GF Value™: $0.76 vs. price of $0.47 (38.3% below fair value)
  • GF Score™: 57/100 with 10 warning signs

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


Cebu Air Business Description

Address Sergio Osmena Boulevard, Basement 2, R 01-02, Robinsons Galleria Cebu, Barangay Tejero, General Maxilom Avenue corner, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
57GF Score

Get the complete analysis for CEBUF

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

$0.47
Price
$0.76
GF Value