Flughafen Wien AG (STU:FLW1) Cyclically Adjusted Book per Share: €17.95 (As of Mar. 2026)


STU:FLW1 Flughafen Wien AG STU:FLW1
83 GF Score
Price €50.60
GF Value €57.14
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Flughafen Wien AG Cyclically Adjusted Book per Share?

Flughafen Wien AG STU:FLW1 -1.56% 83 Cyclically Adjusted Book per Share is €17.95 as of Mar. 2026. GuruFocus rates STU:FLW1 with a GF Score™ of 83/100 and a GF Value™ of €57.14 (Modestly Undervalued). The stock has 3 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.

Flughafen Wien AG's adjusted book value per share for the three months ended in Mar. 2026 was €19.165. 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 €17.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Flughafen Wien AG's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Flughafen Wien AG was 8.40% per year. The lowest was 4.30% per year. And the median was 6.20% per year.

As of today (2026-07-08), Flughafen Wien AG's current stock price is €50.60. Flughafen Wien AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €17.95. Flughafen Wien AG's Cyclically Adjusted PB Ratio of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Flughafen Wien AG was 3.23. The lowest was 1.56. And the median was 2.84.


Flughafen Wien AG  (STU:FLW1) 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.

Flughafen Wien AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.60/17.95
=2.82

* 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 Flughafen Wien AG was 3.23. The lowest was 1.56. And the median was 2.84.


Be Aware

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


Flughafen Wien AG Cyclically Adjusted Book per Share Related Terms


Flughafen Wien AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Flughafen Wien AG'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.

Flughafen Wien AG Cyclically Adjusted Book per Share Chart

Flughafen Wien AG 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 14.34 15.96 16.62 17.21 17.89

Flughafen Wien AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.67 17.82 17.99 17.89 17.95

STU:FLW1 vs JOBY, CAAP: Cyclically Adjusted Book per Share Comparison

For the Airports & Air Services subindustry, Flughafen Wien AG'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.


Flughafen Wien AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Flughafen Wien AG's Cyclically Adjusted PB Ratio falls into.


STU:FLW1
83GF Score
Flughafen Wien AG STU:FLW1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flughafen Wien AG 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, Flughafen Wien AG'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)
=19.165/140.3549*140.3549
=19.165

Current CPI (Mar. 2026) = 140.3549.

Flughafen Wien AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.955 101.092 17.987
201609 13.437 101.192 18.637
201612 12.628 102.092 17.361
201703 12.806 102.592 17.520
201706 12.647 102.991 17.235
201709 13.217 103.591 17.908
201712 13.363 104.291 17.984
201803 13.613 104.491 18.285
201806 13.492 105.091 18.019
201809 14.131 105.691 18.766
201812 14.296 106.291 18.878
201903 14.579 106.391 19.233
201906 14.278 106.791 18.765
201909 14.970 106.991 19.638
201912 15.202 108.091 19.740
202003 15.356 108.024 19.952
202006 14.963 107.915 19.461
202009 14.745 108.348 19.101
202012 14.352 109.321 18.426
202103 14.076 110.186 17.930
202106 14.002 110.943 17.714
202109 14.349 111.916 17.995
202112 14.426 113.971 17.766
202203 14.500 117.647 17.299
202206 15.022 120.567 17.487
202209 15.686 123.811 17.782
202212 15.781 125.541 17.643
202303 16.061 128.460 17.548
202306 15.860 130.191 17.098
202309 16.877 131.272 18.045
202312 16.960 132.570 17.956
202403 17.353 133.759 18.209
202406 16.784 134.083 17.569
202409 17.841 133.651 18.736
202412 18.152 135.273 18.834
202503 18.595 137.760 18.945
202506 17.721 138.517 17.956
202509 18.810 138.949 19.000
202512 18.721 140.355 18.721
202603 19.165 140.355 19.165

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 €17.95 mean?
Flughafen Wien AG (STU:FLW1) has a Cyclically Adjusted Book per Share of €17.95 as of Mar. 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 Flughafen Wien AG and its competitors.
Is Flughafen Wien AG's Cyclically Adjusted Book per Share too high?
Flughafen Wien AG's current Cyclically Adjusted Book per Share is €17.95. Overall, Flughafen Wien AG has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flughafen Wien AG's Cyclically Adjusted Book per Share compare to JOBY and CAAP?
Flughafen Wien AG's Cyclically Adjusted Book per Share of €17.95 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 Flughafen Wien AG and its competitors. Flughafen Wien AG's current Cyclically Adjusted Book per Share is €17.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flughafen Wien AG stock overvalued right now?
Based on GuruFocus' analysis, Flughafen Wien AG (STU:FLW1) is currently considered Modestly Undervalued. The stock's GF Value™ is €57.14, compared to a current price of €50.60 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is €17.95. Flughafen Wien AG's overall GF Score™ is 83/100 with 3 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 Flughafen Wien AG (STU:FLW1), the current Cyclically Adjusted Book per Share is €17.95 as of Mar. 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 Flughafen Wien AG (STU:FLW1) Overvalued in 2026?

Based on GuruFocus' analysis, Flughafen Wien AG stock appears to be undervalued. The current stock price of €50.60 is trading 11.4% below its estimated GF Value™ of €57.14. GuruFocus considers Flughafen Wien AG to be Modestly Undervalued.

Key valuation signals for STU:FLW1:

  • Cyclically Adjusted Book per Share: €17.95
  • GF Value™: €57.14 vs. price of €50.60 (11.4% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the STU:FLW1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flughafen Wien AG Business Description

Other Exchanges FLU:Austria
Address Vienna Airport, P.O. Box 1, Wien, AUT, A-1300
Flughafen Wien AG manages and operates an airport. The company's segment includes Airport; Handling and Security Services; Retail and Properties; Malta and others. It generates maximum revenue from the Airport segment which is responsible for the operation and maintenance of all movement areas of the terminal, all the facilities involved in passenger and baggage handling as well as the security controls for passengers and hand luggage at Vienna Airport. The tasks of acquiring new airline customers and increasing the number of destinations offered are also assigned to this segment.
83GF Score

Get the complete analysis for STU:FLW1

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

€50.60
Price
€57.14
GF Value