Fraport AG (XSWX:FRA) Cyclically Adjusted Book per Share: CHF47.69 (As of Mar. 2026)


XSWX:FRA Fraport AG XSWX:FRA
84 GF Score
Price CHF66.90
GF Value CHF54.86
! 5 Warning Signs
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What is Fraport AG Cyclically Adjusted Book per Share?

Fraport AG XSWX:FRA 84 Cyclically Adjusted Book per Share is CHF47.69 as of Mar. 2026. GuruFocus rates XSWX:FRA with a GF Score™ of 84/100 and a GF Value™ of CHF54.86. The stock has 5 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.

Fraport AG's adjusted book value per share for the three months ended in Mar. 2026 was CHF51.192. 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 CHF47.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fraport AG's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Fraport AG was 6.50% per year. The lowest was 4.00% per year. And the median was 5.15% per year.

As of today (2026-06-28), Fraport AG's current stock price is CHF66.90. Fraport AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF47.69. Fraport AG's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fraport AG was 2.81. The lowest was 0.79. And the median was 1.33.


Fraport AG  (XSWX:FRA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.90/47.69
=1.40

* 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 Fraport AG was 2.81. The lowest was 0.79. And the median was 1.33.


Be Aware

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


Fraport AG Cyclically Adjusted Book per Share Related Terms


Fraport AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fraport 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.

Fraport AG Cyclically Adjusted Book per Share Chart

Fraport 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 57.80 98.01 0.00 0.00 0.00

Fraport 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 0.00 0.00 0.00 0.00 47.69

XSWX:FRA vs JOBY: Cyclically Adjusted Book per Share Comparison

For the Airports & Air Services subindustry, Fraport 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.


Fraport AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


XSWX:FRA
84GF Score
Fraport AG XSWX:FRA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fraport 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, Fraport 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)
=51.192/131.2583*131.2583
=51.192

Current CPI (Mar. 2026) = 131.2583.

Fraport AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.259 100.717 52.467
201609 41.920 101.017 54.470
201612 43.548 101.217 56.473
201703 43.672 101.417 56.522
201706 43.494 102.117 55.906
201709 47.976 102.717 61.307
201712 48.902 102.617 62.551
201803 49.087 102.917 62.604
201806 48.124 104.017 60.727
201809 49.459 104.718 61.994
201812 51.057 104.217 64.305
201903 51.650 104.217 65.051
201906 50.367 105.718 62.535
201909 51.926 106.018 64.288
201912 52.504 105.818 65.127
202003 49.773 105.718 61.798
202006 47.947 106.618 59.028
202009 44.182 105.818 54.804
202012 42.332 105.518 52.659
202103 42.636 107.518 52.050
202106 43.286 108.486 52.372
202109 44.072 109.435 52.861
202112 42.274 110.384 50.269
202203 40.881 113.968 47.083
202206 41.689 115.760 47.270
202209 40.302 118.818 44.522
202212 41.758 119.345 45.926
202303 41.682 122.402 44.698
202306 42.269 123.140 45.056
202309 44.476 124.195 47.006
202312 44.083 123.773 46.749
202403 45.604 125.038 47.873
202406 46.717 125.882 48.712
202409 47.441 126.198 49.343
202412 48.793 127.041 50.413
202503 49.415 127.779 50.760
202506 49.004 128.412 50.090
202509 51.956 129.255 52.761
202512 52.285 129.361 53.052
202603 51.192 131.258 51.192

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 CHF47.69 mean?
Fraport AG (XSWX:FRA) has a Cyclically Adjusted Book per Share of CHF47.69 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 Fraport AG and its competitors.
Is Fraport AG's Cyclically Adjusted Book per Share too high?
Fraport AG's current Cyclically Adjusted Book per Share is CHF47.69. Overall, Fraport AG has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Fraport AG's Cyclically Adjusted Book per Share compare to JOBY?
Fraport AG's Cyclically Adjusted Book per Share of CHF47.69 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 Fraport AG and its competitors. Fraport AG's current Cyclically Adjusted Book per Share is CHF47.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraport AG stock overvalued right now?
Fraport AG (XSWX:FRA) has a current Cyclically Adjusted Book per Share of CHF47.69. The stock's GF Value™ is CHF54.86, compared to a current price of CHF66.90 — trading 21.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is CHF47.69. Fraport AG's overall GF Score™ is 84/100 with 5 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 Fraport AG (XSWX:FRA), the current Cyclically Adjusted Book per Share is CHF47.69 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 Fraport AG (XSWX:FRA) Overvalued in 2026?

Based on GuruFocus' analysis, Fraport AG stock appears to be overvalued. The current stock price of CHF66.90 is trading 21.9% above its estimated GF Value™ of CHF54.86.

Key valuation signals for XSWX:FRA:

  • Cyclically Adjusted Book per Share: CHF47.69
  • GF Value™: CHF54.86 vs. price of CHF66.90 (21.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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


Fraport AG Business Description

Address Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport owns and operates Frankfurt Airport, a European cargo and transfer hub, and international concessions including Lima Airport, Antalya Airport, and a network of 14 Greek airports. Frankfurt Airport operates under a dual-till model, leaving its commercial activities completely unregulated. The German business is split between regulated aviation activities, retail & real estate activities, and ground handling services. In 2025, retail & real estate contributed 33% of the group's operating profit, despite generating only 13% of the sales. Lufthansa accounted for 65% of Frankfurt Airport's total seat capacity in 2025. It has the highest contribution from its international segment among our European airport coverage, with 42% of EBITDA deriving from overseas operations in 2025.
84GF Score

Get the complete analysis for XSWX:FRA

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

CHF66.90
Price
CHF54.86
GF Value