CEBUY (Cebu Air) Cyclically Adjusted PB Ratio: 0.62 (As of Jul. 18, 2026) — 16% Below Median

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CEBUY Cebu Air Inc CEBUY
63 GF Score
Price $2.60
GF Value $4.44
Valuation Possible Value Trap
! 7 Warning Signs
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What is Cebu Air Cyclically Adjusted PB Ratio?

Cebu Air CEBUY 63 Cyclically Adjusted PB Ratio is 0.62 as of Jul. 18, 2026, which is 16% below its 10-year median of 0.74. GuruFocus rates CEBUY with a GF Score™ of 63/100 and a GF Value™ of $4.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 738 Transportation companies, Cebu Air ranks better than 79.4% on this metric.

As of today (2026-07-18), Cebu Air's current share price is $2.60. Cebu Air's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.20. Cebu Air's Cyclically Adjusted PB Ratio for today is 0.62.

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

CEBUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.74   Max: 2.09
Current: 0.61

During the past years, Cebu Air's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.51. And the median was 0.74.

CEBUY's Cyclically Adjusted PB Ratio is ranked better than
79.4% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs CEBUY: 0.61

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.

Cebu Air's adjusted book value per share data for the three months ended in Mar. 2026 was $2.444. 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 $4.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cebu Air  (OTCPK:CEBUY) 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.


Cebu Air Cyclically Adjusted PB Ratio Related Terms


Cebu Air Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cebu Air'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.

Cebu Air Cyclically Adjusted PB Ratio Chart

Cebu Air 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 0.77 0.71 0.64 0.58 0.68

Cebu Air Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.73 0.73 0.68 0.60

CEBUY vs DAL, UAL, LUV: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Cebu Air'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.


Cebu Air Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


CEBUY
63GF Score
Cebu Air Inc CEBUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cebu Air 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.

Cebu Air's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/4.20
=0.62

* 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.

Cebu Air's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cebu Air'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)
=2.444/330.2130*330.2130
=2.444

Current CPI (Mar. 2026) = 330.2130.

Cebu Air Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.256 241.018 5.831
201609 4.176 241.428 5.712
201612 4.537 241.432 6.205
201703 4.654 243.801 6.304
201706 4.840 244.955 6.525
201709 4.904 246.819 6.561
201712 5.323 246.524 7.130
201803 5.515 249.554 7.298
201806 5.401 251.989 7.078
201809 5.329 252.439 6.971
201812 5.397 251.233 7.094
201903 5.857 254.202 7.608
201906 5.790 256.143 7.464
201909 5.736 256.759 7.377
201912 6.058 256.974 7.785
202003 5.664 258.115 7.246
202006 4.750 257.797 6.084
202009 4.026 260.280 5.108
202012 3.064 260.474 3.884
202103 3.722 264.877 4.640
202106 2.820 271.696 3.427
202109 1.710 274.310 2.058
202112 1.405 278.802 1.664
202203 0.419 287.504 0.481
202206 0.141 296.311 0.157
202209 -0.141 296.808 -0.157
202212 -0.380 296.797 -0.423
202303 -0.295 301.836 -0.323
202306 0.054 305.109 0.058
202309 0.233 307.789 0.250
202312 0.582 306.746 0.627
202403 0.870 312.332 0.920
202406 1.038 314.175 1.091
202409 1.011 315.301 1.059
202412 1.262 315.605 1.320
202503 1.312 319.799 1.355
202506 2.415 322.561 2.472
202509 2.103 324.800 2.138
202512 2.489 324.054 2.536
202603 2.444 330.213 2.444

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 0.62 mean?
Cebu Air (CEBUY) has a Cyclically Adjusted PB Ratio of 0.62 as of Jul. 18, 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 Cebu Air and its competitors. This is 16% below median its historical median of 0.74. Over the past decade, Cebu Air's Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.09. According to the industry distribution chart, Cebu Air ranks #152 out of 738 companies in the Transportation industry, placing it in the top 20.6%.
Is Cebu Air's Cyclically Adjusted PB Ratio too high?
Cebu Air's current Cyclically Adjusted PB Ratio of 0.62 is 16% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.09. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Cebu Air's value of 0.62 is 50% below this industry median. Based on the distribution chart, Cebu Air ranks #152 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Cebu Air has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's Cyclically Adjusted PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Cebu Air ranks #152 out of 738 companies for Cyclically Adjusted PB Ratio. This places Cebu Air in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. Cebu Air's value of 0.62 is 50% below this benchmark. Historically, Cebu Air's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.09 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.24, Cebu Air has consistently been below 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 1.24, based on 738 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. Cebu Air's current Cyclically Adjusted PB Ratio of 0.62 is 50% 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 Cebu Air 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. Cebu Air's current Cyclically Adjusted PB Ratio is 0.62, which is 16% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (CEBUY) is currently considered Possible Value Trap. The stock's GF Value™ is $4.44, compared to a current price of $2.60 — trading 41.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 16% below median its 10-year median of 0.74 and 50% below the Transportation industry median of 1.24. Cebu Air's overall GF Score™ is 63/100 with 7 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 Cebu Air (CEBUY), the current Cyclically Adjusted PB Ratio is 0.62 as of Jul. 18, 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 Cebu Air (CEBUY) Overvalued in 2026?

Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued. The current stock price of $2.60 is trading 41.4% below its estimated GF Value™ of $4.44. GuruFocus considers Cebu Air to be Possible Value Trap.

Key valuation signals for CEBUY:

  • Cyclically Adjusted PB Ratio: 0.62 (16% below median its 10-year median of 0.74)
  • GF Value™: $4.44 vs. price of $2.60 (41.4% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 50% below the Transportation median (#152 of 738)

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


Cebu Air Business Description

Address Sergio Osmena Boulevard, Basement 2, R 01-02, Robinsons Galleria Cebu, Barangay Tejero, General Maxilom Avenue corner, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
63GF Score

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

$2.60
Price
$4.44
GF Value