Regional Express Holdings (ASX:REX) Cyclically Adjusted PB Ratio: 0.29 (As of Jul. 17, 2026)

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ASX:REX Regional Express Holdings Ltd ASX:REX
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Price A$0.57
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What is Regional Express Holdings Cyclically Adjusted PB Ratio?

Regional Express Holdings ASX:REX 4 Cyclically Adjusted PB Ratio is 0.29 as of Jul. 17, 2026. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

As of today (2026-07-17), Regional Express Holdings's current share price is A$0.565. Regional Express Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was A$1.95. Regional Express Holdings's Cyclically Adjusted PB Ratio for today is 0.29.

The historical rank and industry rank for Regional Express Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:REX's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.24
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Regional Express Holdings's adjusted book value per share data of for the fiscal year that ended in Jun23 was A$. 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 A$1.95 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regional Express Holdings  (ASX:REX) 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.


Regional Express Holdings Cyclically Adjusted PB Ratio Related Terms


Regional Express Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Cyclically Adjusted PB Ratio Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.66 0.64 0.55 0.53

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.55 0.00 0.53 0.00

ASX:REX vs DAL, LUV, UAL: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Regional Express Holdings'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.


Regional Express Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Regional Express Holdings's Cyclically Adjusted PB Ratio falls into.


ASX:REX
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Regional Express Holdings Ltd ASX:REX
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Regional Express Holdings 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.

Regional Express Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.565/1.95
=0.29

* 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.

Regional Express Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Regional Express Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.434/*
=

Current CPI (Jun23) = .

Regional Express Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 1.717 0.000
201506 1.769 0.000
201606 1.698 0.000
201706 1.783 0.000
201806 1.842 0.000
201906 1.865 0.000
202006 1.577 0.000
202106 1.583 0.000
202206 1.369 0.000
202306 1.434 0.000

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 0.29 mean?
Regional Express Holdings (ASX:REX) has a Cyclically Adjusted PB Ratio of 0.29 as of Jul. 17, 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 Regional Express Holdings and its competitors.
Is Regional Express Holdings' Cyclically Adjusted PB Ratio too high?
Regional Express Holdings' current Cyclically Adjusted PB Ratio is 0.29. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Regional Express Holdings' value of 0.29 is 76.6% below this industry median. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Cyclically Adjusted PB Ratio compare to DAL and LUV?
Regional Express Holdings' Cyclically Adjusted PB Ratio of 0.29 can be compared against companies in the Transportation industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Regional Express Holdings' value of 0.29 is 76.6% below this benchmark. 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 1.24, based on 737 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. Regional Express Holdings's current Cyclically Adjusted PB Ratio of 0.29 is 76.6% below 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 Regional Express Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regional Express Holdings's current Cyclically Adjusted PB Ratio is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Cyclically Adjusted PB Ratio of 0.29. The current Cyclically Adjusted PB Ratio is 0.29 and 76.6% below the Transportation industry median of 1.24. Regional Express Holdings' overall GF Score™ is 4/100. 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 Regional Express Holdings (ASX:REX), the current Cyclically Adjusted PB Ratio is 0.29 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.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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