CVU (CPI Aerostructures) Cyclically Adjusted PB Ratio: 1.17 (As of Jul. 17, 2026) — 75% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CVU CPI Aerostructures Inc CVU
55 GF Score
Price $4.43
GF Value $2.73
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is CPI Aerostructures Cyclically Adjusted PB Ratio?

CPI Aerostructures CVU -4.11% 55 Cyclically Adjusted PB Ratio is 1.17 as of Jul. 17, 2026, which is 75% above its 10-year median of 0.67. GuruFocus rates CVU with a GF Score™ of 55/100 and a GF Value™ of $2.73 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 214 Aerospace & Defense companies, CPI Aerostructures ranks better than 81.31% on this metric.

As of today (2026-07-17), CPI Aerostructures's current share price is $4.43. CPI Aerostructures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.80. CPI Aerostructures's Cyclically Adjusted PB Ratio for today is 1.17.

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

CVU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.67   Max: 1.44
Current: 1.22

During the past years, CPI Aerostructures's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.12. And the median was 0.67.

CVU's Cyclically Adjusted PB Ratio is ranked better than
81.31% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.635 vs CVU: 1.22

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.

CPI Aerostructures's adjusted book value per share data for the three months ended in Mar. 2026 was $2.068. 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 $3.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPI Aerostructures  (AMEX:CVU) 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.


CPI Aerostructures Cyclically Adjusted PB Ratio Related Terms


CPI Aerostructures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CPI Aerostructures'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.

CPI Aerostructures Cyclically Adjusted PB Ratio Chart

CPI Aerostructures 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 0.38 0.49 0.50 0.86 1.01

CPI Aerostructures 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 0.76 0.80 0.61 1.01 1.03

CVU vs PEW, XTIA, MOB: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, CPI Aerostructures'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.


CPI Aerostructures Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

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

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


CVU
55GF Score
CPI Aerostructures Inc CVU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPI Aerostructures 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.

CPI Aerostructures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.43/3.80
=1.17

* 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.

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

For example, CPI Aerostructures'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)
=2.068/330.2130*330.2130
=2.068

Current CPI (Mar. 2026) = 330.2130.

CPI Aerostructures Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.369 241.018 10.096
201609 7.487 241.428 10.240
201612 7.735 241.432 10.579
201703 7.858 243.801 10.643
201706 7.961 244.955 10.732
201709 8.150 246.819 10.904
201712 8.384 246.524 11.230
201803 8.507 249.554 11.257
201806 8.654 251.989 11.340
201809 8.796 252.439 11.506
201812 -0.336 251.233 -0.442
201903 8.124 254.202 10.553
201906 8.312 256.143 10.716
201909 8.461 256.759 10.882
201912 -0.849 256.974 -1.091
202003 -0.862 258.115 -1.103
202006 -0.895 257.797 -1.146
202009 -0.810 260.280 -1.028
202012 -1.086 260.474 -1.377
202103 -0.952 264.877 -1.187
202106 -0.861 271.696 -1.046
202109 -0.405 274.310 -0.488
202112 -0.432 278.802 -0.512
202203 -0.431 287.504 -0.495
202206 -0.376 296.311 -0.419
202209 -0.223 296.808 -0.248
202212 0.336 296.797 0.374
202303 0.441 301.836 0.482
202306 0.539 305.109 0.583
202309 0.572 307.789 0.614
202312 1.729 306.746 1.861
202403 1.762 312.332 1.863
202406 1.860 314.175 1.955
202409 1.928 315.301 2.019
202412 1.998 315.605 2.090
202503 1.916 319.799 1.978
202506 1.832 322.561 1.875
202509 1.924 324.800 1.956
202512 1.962 324.054 1.999
202603 2.068 330.213 2.068

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 1.17 mean?
CPI Aerostructures (CVU) has a Cyclically Adjusted PB Ratio of 1.17 as of Jul. 17, 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 CPI Aerostructures and its competitors. This is 75% above median its historical median of 0.67. Over the past decade, CPI Aerostructures' Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.44. According to the industry distribution chart, CPI Aerostructures ranks #40 out of 214 companies in the Aerospace & Defense industry, placing it in the top 18.7%.
Is CPI Aerostructures' Cyclically Adjusted PB Ratio too high?
CPI Aerostructures' current Cyclically Adjusted PB Ratio of 1.17 is 75% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.44. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.64. CPI Aerostructures' value of 1.17 is 67.8% below this industry median. Based on the distribution chart, CPI Aerostructures ranks #40 out of 214 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, CPI Aerostructures has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPI Aerostructures' Cyclically Adjusted PB Ratio compare to PEW and XTIA?
According to the Aerospace & Defense industry distribution chart, CPI Aerostructures ranks #40 out of 214 companies for Cyclically Adjusted PB Ratio. This places CPI Aerostructures in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.64. CPI Aerostructures' value of 1.17 is 67.8% below this benchmark. Historically, CPI Aerostructures' own Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.44 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 3.64, CPI Aerostructures 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.64, 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. CPI Aerostructures's current Cyclically Adjusted PB Ratio of 1.17 is 67.8% 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 CPI Aerostructures and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPI Aerostructures's current Cyclically Adjusted PB Ratio is 1.17, which is 75% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPI Aerostructures stock overvalued right now?
Based on GuruFocus' analysis, CPI Aerostructures (CVU) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.73, compared to a current price of $4.43 — trading 62.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 75% above median its 10-year median of 0.67 and 67.8% below the Aerospace & Defense industry median of 3.64. CPI Aerostructures' overall GF Score™ is 55/100 with 5 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 CPI Aerostructures (CVU), the current Cyclically Adjusted PB Ratio is 1.17 as of Jul. 17, 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 CPI Aerostructures (CVU) Overvalued in 2026?

Based on GuruFocus' analysis, CPI Aerostructures stock appears to be overvalued. The current stock price of $4.43 is trading 62.3% above its estimated GF Value™ of $2.73. GuruFocus considers CPI Aerostructures to be Significantly Overvalued.

Key valuation signals for CVU:

  • Cyclically Adjusted PB Ratio: 1.17 (75% above median its 10-year median of 0.67)
  • GF Value™: $2.73 vs. price of $4.43 (62.3% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 67.8% below the Aerospace & Defense median (#40 of 214)

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


CPI Aerostructures Business Description

Address 91 Heartland Boulevard, Edgewood, NY, USA, 11717
CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter, and others.
55GF Score

Get the complete analysis for CVU

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

$4.43
Price
$2.73
GF Value