CAAP (Corporacion America Airports) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

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CAAP Corporacion America Airports SA CAAP
86 GF Score
Price $24.41
GF Value $24.62
Valuation Fairly Valued
! 1 Warning Sign
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What is Corporacion America Airports Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion America Airports  (NYSE:CAAP) 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.


Corporacion America Airports Cyclically Adjusted PB Ratio Related Terms


Corporacion America Airports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Cyclically Adjusted PB Ratio Chart

Corporacion America Airports Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Corporacion America Airports Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 4.42 0.00

CAAP vs JOBY, ASLE, ICTSF: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Corporacion America Airports'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.


Corporacion America Airports Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Corporacion America Airports's Cyclically Adjusted PB Ratio falls into.


CAAP
86GF Score
Corporacion America Airports SA CAAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion America Airports 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.

Corporacion America Airports's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Corporacion America Airports'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)
=0/128.6000*128.6000
=0.000

Current CPI (Jun. 2026) = 128.6000.

Corporacion America Airports Quarterly Data

Book Value per Share CPI Adj_Book
201512 2.892 99.910 3.722
201612 2.807 101.040 3.573
201703 0.000 101.780 0.000
201706 0.000 102.170 0.000
201709 3.098 102.520 3.886
201712 2.886 102.410 3.624
201803 4.123 102.900 5.153
201806 3.324 103.650 4.124
201809 4.014 104.580 4.936
201812 4.801 104.320 5.918
201903 4.886 105.140 5.976
201906 5.557 105.550 6.771
201909 4.823 105.900 5.857
201912 4.774 106.080 5.787
202003 4.584 106.040 5.559
202006 4.199 106.340 5.078
202009 3.272 106.620 3.947
202012 3.047 106.670 3.673
202103 2.798 108.140 3.327
202106 2.756 108.680 3.261
202109 2.856 109.470 3.355
202112 2.922 111.090 3.383
202203 3.051 114.780 3.418
202206 3.903 116.750 4.299
202209 4.436 117.000 4.876
202212 4.453 117.060 4.892
202303 4.747 118.910 5.134
202306 5.232 120.460 5.586
202309 5.433 121.740 5.739
202312 4.504 121.170 4.780
202403 6.814 122.590 7.148
202406 7.792 123.120 8.139
202409 8.163 123.300 8.514
202412 8.500 122.430 8.928
202503 8.925 124.210 9.240
202506 9.021 125.820 9.220
202509 8.863 126.570 9.005
202512 9.723 126.180 9.909
202603 11.058 127.160 11.183
202606 0.000 128.600 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.

Is Corporacion America Airports (CAAP) Overvalued in 2026?

Based on GuruFocus' analysis, Corporacion America Airports stock appears to be undervalued. The current stock price of $24.41 is trading 0.9% below its estimated GF Value™ of $24.62. GuruFocus considers Corporacion America Airports to be Fairly Valued.

Key valuation signals for CAAP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $24.62 vs. price of $24.41 (0.9% below fair value)
  • GF Score™: 86/100 with 1 warning sign

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


Corporacion America Airports Business Description

Other Exchanges 8YA:Germany
Address 128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops, and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.
86GF Score

Get the complete analysis for CAAP

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

$24.41
Price
$24.62
GF Value