CHRRF (Chorus Aviation) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 26, 2026) — 50% Below Median

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CHRRF Chorus Aviation Inc CHRRF
73 GF Score
Price $17.16
GF Value $14.76
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Chorus Aviation Cyclically Adjusted PB Ratio?

Chorus Aviation CHRRF 73 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 26, 2026, which is 50% below its 10-year median of 1.65. GuruFocus rates CHRRF with a GF Score™ of 73/100 and a GF Value™ of $14.76 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 741 Transportation companies, Chorus Aviation ranks better than 69.1% on this metric.

As of today (2026-07-26), Chorus Aviation's current share price is $17.16. Chorus Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.04. Chorus Aviation's Cyclically Adjusted PB Ratio for today is 0.82.

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

CHRRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.65   Max: 4.09
Current: 0.84

During the past years, Chorus Aviation's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 0.57. And the median was 1.65.

CHRRF's Cyclically Adjusted PB Ratio is ranked better than
69.1% of 741 companies
in the Transportation industry
Industry Median: 1.27 vs CHRRF: 0.84

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.

Chorus Aviation's adjusted book value per share data for the three months ended in Mar. 2026 was $15.692. 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 $21.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chorus Aviation  (OTCPK:CHRRF) 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.


Chorus Aviation Cyclically Adjusted PB Ratio Related Terms


Chorus Aviation Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chorus Aviation'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.

Chorus Aviation Cyclically Adjusted PB Ratio Chart

Chorus Aviation 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 1.50 1.16 0.76 0.83 0.76

Chorus Aviation 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 0.82 0.81 0.76 0.77

CHRRF vs JOBY: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


CHRRF
73GF Score
Chorus Aviation Inc CHRRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chorus Aviation 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.

Chorus Aviation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.16/21.04
=0.82

* 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.

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

For example, Chorus Aviation'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)
=15.692/132.2623*132.2623
=15.692

Current CPI (Mar. 2026) = 132.2623.

Chorus Aviation Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.040 102.002 5.239
201609 5.430 101.765 7.057
201612 5.968 101.449 7.781
201703 7.013 102.634 9.038
201706 8.112 103.029 10.414
201709 11.595 103.345 14.839
201712 12.309 103.345 15.753
201803 15.430 105.004 19.436
201806 15.504 105.557 19.426
201809 16.494 105.636 20.651
201812 15.971 105.399 20.042
201903 18.429 106.979 22.784
201906 19.136 107.690 23.502
201909 19.217 107.611 23.619
201912 20.042 107.769 24.597
202003 18.921 107.927 23.187
202006 19.687 108.401 24.020
202009 20.592 108.164 25.180
202012 21.653 108.559 26.381
202103 20.512 110.298 24.597
202106 21.973 111.720 26.013
202109 21.325 112.905 24.981
202112 21.255 113.774 24.709
202203 22.055 117.646 24.795
202206 30.947 120.806 33.882
202209 30.540 120.648 33.480
202212 30.189 120.964 33.009
202303 31.431 122.702 33.880
202306 32.303 124.203 34.399
202309 32.007 125.230 33.804
202312 32.204 125.072 34.055
202403 32.361 126.258 33.900
202406 27.645 127.522 28.673
202409 15.051 127.285 15.640
202412 13.223 127.364 13.732
202503 13.558 129.181 13.881
202506 15.205 129.892 15.482
202509 15.729 130.287 15.967
202512 15.722 130.366 15.951
202603 15.692 132.262 15.692

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 0.82 mean?
Chorus Aviation (CHRRF) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 26, 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 Chorus Aviation and its competitors. This is 50% below median its historical median of 1.65. Over the past decade, Chorus Aviation's Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.09. According to the industry distribution chart, Chorus Aviation ranks #229 out of 741 companies in the Transportation industry, placing it in the top 30.9%.
Is Chorus Aviation's Cyclically Adjusted PB Ratio too high?
Chorus Aviation's current Cyclically Adjusted PB Ratio of 0.82 is 50% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.09. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Chorus Aviation's value of 0.82 is 35.4% below this industry median. Based on the distribution chart, Chorus Aviation ranks #229 out of 741 companies in the Transportation industry, which is above the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's Cyclically Adjusted PB Ratio compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #229 out of 741 companies for Cyclically Adjusted PB Ratio. This puts Chorus Aviation in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Chorus Aviation's value of 0.82 is 35.4% below this benchmark. Historically, Chorus Aviation's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 4.09 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.27, Chorus Aviation 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 1.27, based on 741 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. Chorus Aviation's current Cyclically Adjusted PB Ratio of 0.82 is 35.4% 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 Chorus Aviation and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chorus Aviation's current Cyclically Adjusted PB Ratio is 0.82, which is 50% below median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (CHRRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.76, compared to a current price of $17.16 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 50% below median its 10-year median of 1.65 and 35.4% below the Transportation industry median of 1.27. Chorus Aviation's overall GF Score™ is 73/100 with 9 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 Chorus Aviation (CHRRF), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 26, 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 Chorus Aviation (CHRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of $17.16 is trading 16.3% above its estimated GF Value™ of $14.76. GuruFocus considers Chorus Aviation to be Modestly Overvalued.

Key valuation signals for CHRRF:

  • Cyclically Adjusted PB Ratio: 0.82 (50% below median its 10-year median of 1.65)
  • GF Value™: $14.76 vs. price of $17.16 (16.3% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 35.4% below the Transportation median (#229 of 741)

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


Chorus Aviation Business Description

Other Exchanges 1H00:GermanyCHR:Canada
Address 3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
73GF 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.

$17.16
Price
$14.76
GF Value