ACKDF (Auckland International Airport) Cyclically Adjusted PB Ratio: 1.52 (As of Jul. 12, 2026) — 25% Below Median


ACKDF Auckland International Airport Ltd ACKDF
87 GF Score
Price $5.23
GF Value $4.96
Valuation Fairly Valued
! 5 Warning Signs
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What is Auckland International Airport Cyclically Adjusted PB Ratio?

Auckland International Airport ACKDF +2.96% 87 Cyclically Adjusted PB Ratio is 1.52 as of Jul. 12, 2026, which is 25% below its 10-year median of 2.03. GuruFocus rates ACKDF with a GF Score™ of 87/100 and a GF Value™ of $4.96 (Fairly Valued). The stock has 5 warning signs investors should review. Among 739 Transportation companies, Auckland International Airport ranks worse than 59.95% on this metric.

As of today (2026-07-12), Auckland International Airport's current share price is $5.225. Auckland International Airport's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was $3.44. Auckland International Airport's Cyclically Adjusted PB Ratio for today is 1.52.

The historical rank and industry rank for Auckland International Airport's Cyclically Adjusted PB Ratio or its related term are showing as below:

ACKDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.03   Max: 3.63
Current: 1.53

During the past 13 years, Auckland International Airport's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 1.29. And the median was 2.03.

ACKDF's Cyclically Adjusted PB Ratio is ranked worse than
59.95% of 739 companies
in the Transportation industry
Industry Median: 1.25 vs ACKDF: 1.53

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.

Auckland International Airport's adjusted book value per share data of for the fiscal year that ended in Jun25 was $3.745. 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 $3.44 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Auckland International Airport  (OTCPK:ACKDF) Cyclically Adjusted PB Ratio Explanation

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


Auckland International Airport Cyclically Adjusted PB Ratio Related Terms


Auckland International Airport Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Auckland International Airport's Cyclically Adjusted PB 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.

Auckland International Airport Cyclically Adjusted PB Ratio Chart

Auckland International Airport Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.65 1.74 1.43 1.34

Auckland International Airport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB 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 0.00 1.43 0.00 1.34 0.00

ACKDF vs JOBY: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Auckland International Airport'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.


Auckland International Airport Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Auckland International Airport's Cyclically Adjusted PB Ratio falls into.


ACKDF
87GF Score
Auckland International Airport Ltd ACKDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Auckland International Airport Cyclically Adjusted PB Ratio Calculation

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

Auckland International Airport's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.225/3.44
=1.52

* 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.

Auckland International Airport's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Auckland International Airport's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=3.745/133.5131*133.5131
=3.745

Current CPI (Jun25) = 133.5131.

Auckland International Airport Annual Data

Book Value per Share CPI Adj_Book
201606 2.296 100.480 3.051
201706 2.443 102.231 3.191
201806 3.281 103.764 4.222
201906 3.289 105.502 4.162
202006 2.907 107.035 3.626
202106 3.830 110.614 4.623
202206 3.518 118.690 3.957
202306 3.491 125.846 3.704
202406 3.572 130.037 3.667
202506 3.745 133.513 3.745

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

What does a Cyclically Adjusted PB Ratio of 1.52 mean?
Auckland International Airport (ACKDF) has a Cyclically Adjusted PB Ratio of 1.52 as of Jul. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Auckland International Airport and its competitors. This is 25% below median its historical median of 2.03. Over the past decade, Auckland International Airport's Cyclically Adjusted PB Ratio has ranged from 1.29 to 3.63. According to the industry distribution chart, Auckland International Airport ranks #443 out of 739 companies in the Transportation industry, placing it in the top 59.9%.
Is Auckland International Airport's Cyclically Adjusted PB Ratio too high?
Auckland International Airport's current Cyclically Adjusted PB Ratio of 1.52 is 25% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.63. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Auckland International Airport's value of 1.52 is 21.6% above this industry median. Based on the distribution chart, Auckland International Airport ranks #443 out of 739 companies in the Transportation industry, which is below the industry midpoint. Overall, Auckland International Airport has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Auckland International Airport's Cyclically Adjusted PB Ratio compare to JOBY?
According to the Transportation industry distribution chart, Auckland International Airport ranks #443 out of 739 companies for Cyclically Adjusted PB Ratio. This places Auckland International Airport in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Auckland International Airport's value of 1.52 is 21.6% above this benchmark. Historically, Auckland International Airport's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 3.63 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.25, Auckland International Airport 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 Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Auckland International Airport's current Cyclically Adjusted PB Ratio of 1.52 is 21.6% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Auckland International Airport and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auckland International Airport's current Cyclically Adjusted PB Ratio is 1.52, which is 25% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auckland International Airport stock overvalued right now?
Based on GuruFocus' analysis, Auckland International Airport (ACKDF) is currently considered Fairly Valued. The stock's GF Value™ is $4.96, compared to a current price of $5.23 — trading 5.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is 25% below median its 10-year median of 2.03 and 21.6% above the Transportation industry median of 1.25. Auckland International Airport's overall GF Score™ is 87/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Auckland International Airport (ACKDF), the current Cyclically Adjusted PB Ratio is 1.52 as of Jul. 12, 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 Auckland International Airport (ACKDF) Overvalued in 2026?

Based on GuruFocus' analysis, Auckland International Airport stock appears to be overvalued. The current stock price of $5.23 is trading 5.3% above its estimated GF Value™ of $4.96. GuruFocus considers Auckland International Airport to be Fairly Valued.

Key valuation signals for ACKDF:

  • Cyclically Adjusted PB Ratio: 1.52 (25% below median its 10-year median of 2.03)
  • GF Value™: $4.96 vs. price of $5.23 (5.3% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 21.6% above the Transportation median (#443 of 739)

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


Auckland International Airport Business Description

Address 4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022
Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.
87GF Score

Get the complete analysis for ACKDF

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

$5.23
Price
$4.96
GF Value