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Finnair OyjCHIX:FIA1SH 60 Cyclically Adjusted PB Ratio is 0.37 as of Jul. 31, 2026, which is 27% below its 10-year median of 0.51. GuruFocus rates CHIX:FIA1SH with a GF Score™ of 60/100 and a GF Value™ of €1.85. The stock has 4 warning signs investors should review. Among 737 Transportation companies, Finnair Oyj ranks better than 92.13% on this metric.
The historical rank and industry rank for Finnair Oyj's Cyclically Adjusted PB Ratio or its related term are showing as below:
CHIX:FIA1Sh'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.51 Max: 2.1
Current: 0.33
During the past years, Finnair Oyj's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.13. And the median was 0.51.
CHIX:FIA1Sh's Cyclically Adjusted PB Ratio is ranked better than 92.13% of 737
companies
in the Transportation industry
Industry Median: 1.26
vs CHIX:FIA1Sh: 0.33
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.
Finnair Oyj's adjusted book value per share data for the three months ended in Jun. 2026 was €3.954. 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 €8.11 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Finnair Oyj (CHIX:FIA1Sh) 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.
Finnair Oyj Cyclically Adjusted PB Ratio Related Terms
Finnair Oyj Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Finnair Oyj'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.
CHIX:FIA1SH vs DAL, UAL, LUV: Cyclically Adjusted PB Ratio Comparison
For the Airlines subindustry, Finnair Oyj'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.
Finnair Oyj Cyclically Adjusted PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Finnair Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Finnair Oyj's Cyclically Adjusted PB Ratio falls into.
Finnair Oyj 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.
Finnair Oyj's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.37 mean?
Finnair Oyj (CHIX:FIA1SH) has a Cyclically Adjusted PB Ratio of 0.37 as of Jul. 31, 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 Finnair Oyj and its competitors. This is 27% below median its historical median of 0.51. Over the past decade, Finnair Oyj's Cyclically Adjusted PB Ratio has ranged from 0.13 to 2.10. According to the industry distribution chart, Finnair Oyj ranks #58 out of 737 companies in the Transportation industry, placing it in the top 7.9%.
Is Finnair Oyj's Cyclically Adjusted PB Ratio too high?
Finnair Oyj's current Cyclically Adjusted PB Ratio of 0.37 is 27% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.10. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. Finnair Oyj's value of 0.37 is 70.6% below this industry median. Based on the distribution chart, Finnair Oyj ranks #58 out of 737 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Finnair Oyj has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's Cyclically Adjusted PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Finnair Oyj ranks #58 out of 737 companies for Cyclically Adjusted PB Ratio. This places Finnair Oyj in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Finnair Oyj's value of 0.37 is 70.6% below this benchmark. Historically, Finnair Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 2.10 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.26, Finnair Oyj 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 1.26, 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. Finnair Oyj's current Cyclically Adjusted PB Ratio of 0.37 is 70.6% 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 Finnair Oyj and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finnair Oyj's current Cyclically Adjusted PB Ratio is 0.37, which is 27% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Finnair Oyj (CHIX:FIA1SH) has a current Cyclically Adjusted PB Ratio of 0.37. The stock's GF Value™ is €1.85, compared to a current price of €3.01 — trading 62.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 27% below median its 10-year median of 0.51 and 70.6% below the Transportation industry median of 1.26. Finnair Oyj's overall GF Score™ is 60/100 with 4 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 Finnair Oyj (CHIX:FIA1SH), the current Cyclically Adjusted PB Ratio is 0.37 as of Jul. 31, 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 Finnair Oyj (CHIX:FIA1SH) Overvalued in 2026?
Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued.
The current stock price of €3.01 is trading 62.6% above its estimated GF Value™ of €1.85.
Key valuation signals for CHIX:FIA1SH:
Cyclically Adjusted PB Ratio: 0.37 (27% below median its 10-year median of 0.51)
GF Value™: €1.85 vs. price of €3.01 (62.6% above fair value)
Industry Position: 70.6% below the Transportation median (#58 of 737)
No single metric tells the full story. See the CHIX:FIA1SH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
60GF Score
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