Safran (CHIX:SAFP) Cyclically Adjusted PB Ratio: 11.53 (As of Jul. 11, 2026) — 82% Above Median


CHIX:SAFP Safran SA CHIX:SAFP
91 GF Score
Price €336.30
GF Value €288.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Safran Cyclically Adjusted PB Ratio?

Safran CHIX:SAFP -0.50% 91 Cyclically Adjusted PB Ratio is 11.53 as of Jul. 11, 2026, which is 82% above its 10-year median of 6.33. GuruFocus rates CHIX:SAFP with a GF Score™ of 91/100 and a GF Value™ of €288.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 214 Aerospace & Defense companies, Safran ranks worse than 84.58% on this metric.

As of today (2026-07-11), Safran's current share price is €336.30. Safran's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €29.16. Safran's Cyclically Adjusted PB Ratio for today is 11.53.

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

CHIX:SAFp' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 6.33   Max: 12.24
Current: 11.53

During the past 13 years, Safran's highest Cyclically Adjusted PB Ratio was 12.24. The lowest was 3.46. And the median was 6.33.

CHIX:SAFp's Cyclically Adjusted PB Ratio is ranked worse than
84.58% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.87 vs CHIX:SAFp: 11.53

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.

Safran's adjusted book value per share data of for the fiscal year that ended in Dec25 was €35.592. 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 €29.16 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Safran  (CHIX:SAFp) 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.


Safran Cyclically Adjusted PB Ratio Related Terms


Safran Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Safran'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.

Safran Cyclically Adjusted PB Ratio Chart

Safran 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 4.87 4.83 6.13 7.85 10.21

Safran 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 6.13 0.00 7.85 0.00 10.21

CHIX:SAFP vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Safran'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.


Safran Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Safran's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:SAFP
91GF Score
Safran SA CHIX:SAFP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Safran 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.

Safran's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=336.30/29.16
=11.53

* 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.

Safran's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Safran's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=35.592/120.9000*120.9000
=35.592

Current CPI (Dec25) = 120.9000.

Safran Annual Data

Book Value per Share CPI Adj_Book
201612 13.892 100.650 16.687
201712 22.837 101.850 27.108
201812 27.525 103.470 32.162
201912 29.130 104.980 33.548
202012 29.020 104.960 33.427
202112 30.088 107.850 33.729
202212 24.522 114.160 25.970
202312 27.996 118.390 28.590
202412 24.416 119.950 24.609
202512 35.592 120.900 35.592

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 11.53 mean?
Safran (CHIX:SAFP) has a Cyclically Adjusted PB Ratio of 11.53 as of Jul. 11, 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 Safran and its competitors. This is 82% above median its historical median of 6.33. Over the past decade, Safran's Cyclically Adjusted PB Ratio has ranged from 3.46 to 12.24. According to the industry distribution chart, Safran ranks #181 out of 214 companies in the Aerospace & Defense industry, placing it in the top 84.6%.
Is Safran's Cyclically Adjusted PB Ratio too high?
Safran's current Cyclically Adjusted PB Ratio of 11.53 is 82% above median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 12.24. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.87. Safran's value of 11.53 is 197.9% above this industry median. Based on the distribution chart, Safran ranks #181 out of 214 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Safran has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safran's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Safran ranks #181 out of 214 companies for Cyclically Adjusted PB Ratio. This places Safran in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.87. Safran's value of 11.53 is 197.9% above this benchmark. Historically, Safran's own Cyclically Adjusted PB Ratio has ranged from 3.46 to 12.24 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 3.87, Safran 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.87, based on 214 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. Safran's current Cyclically Adjusted PB Ratio of 11.53 is 197.9% 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 Safran and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safran's current Cyclically Adjusted PB Ratio is 11.53, which is 82% above median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safran stock overvalued right now?
Based on GuruFocus' analysis, Safran (CHIX:SAFP) is currently considered Modestly Overvalued. The stock's GF Value™ is €288.85, compared to a current price of €336.30 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.53, which is 82% above median its 10-year median of 6.33 and 197.9% above the Aerospace & Defense industry median of 3.87. Safran's overall GF Score™ is 91/100 with 6 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 Safran (CHIX:SAFP), the current Cyclically Adjusted PB Ratio is 11.53 as of Jul. 11, 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 Safran (CHIX:SAFP) Overvalued in 2026?

Based on GuruFocus' analysis, Safran stock appears to be overvalued. The current stock price of €336.30 is trading 16.4% above its estimated GF Value™ of €288.85. GuruFocus considers Safran to be Modestly Overvalued.

Key valuation signals for CHIX:SAFP:

  • Cyclically Adjusted PB Ratio: 11.53 (82% above median its 10-year median of 6.33)
  • GF Value™: €288.85 vs. price of €336.30 (16.4% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 197.9% above the Aerospace & Defense median (#181 of 214)

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


Safran Business Description

Address 2, boulevard du General-Martial-Valin, Paris, FRA, 75015
Safran is a key player in the global commercial and military aerospace propulsion and equipment sectors. The group has three reportable segments: aerospace propulsion (commercial and military aircraft engines and spare parts); aircraft equipment, defense, and aerosystems (diversified business supplying components ranging from landing gear to avionics); and aircraft interiors (seats, cabins, and in-flight entertainment systems). Safran is a partner to the CFM joint venture with GE Aviation, which produces narrow-body engines.
91GF Score

Get the complete analysis for CHIX:SAFP

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

€336.30
Price
€288.85
GF Value