FLYYQ (Spirit Aviation Holdings) Cyclically Adjusted PB Ratio: 0.00 (As of Jul. 28, 2026)

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What is Spirit Aviation Holdings Cyclically Adjusted PB Ratio?

Spirit Aviation Holdings FLYYQ Cyclically Adjusted PB Ratio is 0.00 as of Jul. 28, 2026. The stock has 5 warning signs investors should review. Among 741 Transportation companies, Spirit Aviation Holdings ranks worse than 134952.63% on this metric.

As of today (2026-07-28), Spirit Aviation Holdings's current share price is $0.02. Spirit Aviation Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $21.25. Spirit Aviation Holdings's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Spirit Aviation Holdings's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.01. And the median was 0.02.

FLYYQ's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.27
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Spirit Aviation Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was $-73.856. 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 $21.25 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spirit Aviation Holdings  (OTCPK:FLYYQ) 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.


Spirit Aviation Holdings Cyclically Adjusted PB Ratio Related Terms


Spirit Aviation Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Spirit Aviation Holdings'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.

Spirit Aviation Holdings Cyclically Adjusted PB Ratio Chart

Spirit Aviation Holdings 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 0.00 0.00 0.00 0.00 0.01

Spirit Aviation Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 0.21 0.02 0.01

FLYYQ vs TLSS, PNYG, CISS: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Spirit Aviation Holdings'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.


Spirit Aviation Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

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

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



Spirit Aviation Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/21.25
=0.00

* 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.

Spirit Aviation Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Spirit Aviation Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-73.856/324.0540*324.0540
=-73.856

Current CPI (Dec. 2025) = 324.0540.

Spirit Aviation Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 17.944 238.132 24.418
201606 18.556 241.018 24.949
201609 19.396 241.428 26.034
201612 20.117 241.432 27.001
201703 20.592 243.801 27.370
201706 21.742 244.955 28.763
201709 22.639 246.819 29.723
201712 25.845 246.524 33.973
201803 25.199 249.554 32.722
201806 25.399 251.989 32.663
201809 26.863 252.439 34.484
201812 28.248 251.233 36.436
201903 28.897 254.202 36.838
201906 30.611 256.143 38.727
201909 31.850 256.759 40.198
201912 33.034 256.974 41.657
202003 32.600 258.115 40.928
202006 26.265 257.797 33.015
202009 24.614 260.280 30.645
202012 23.029 260.474 28.650
202103 21.399 264.877 26.180
202106 20.118 271.696 23.995
202109 20.283 274.310 23.961
202112 19.497 278.802 22.662
202203 17.690 287.504 19.939
202206 17.209 296.311 18.820
202209 16.901 296.808 18.452
202212 14.426 296.797 15.751
202303 13.465 301.836 14.456
202306 13.476 305.109 14.313
202309 12.055 307.789 12.692
202312 10.382 306.746 10.968
202403 9.153 312.332 9.497
202406 7.393 314.175 7.625
202409 4.599 315.301 4.727
202412 -0.732 315.605 -0.752
202503 6.605 319.799 6.693
202506 18.526 322.561 18.612
202509 6.082 324.800 6.068
202512 -73.856 324.054 -73.856

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 0.00 mean?
Spirit Aviation Holdings (FLYYQ) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 28, 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 Spirit Aviation Holdings and its competitors. Over the past decade, Spirit Aviation Holdings' Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.35. According to the industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 741 companies in the Transportation industry.
Is Spirit Aviation Holdings' Cyclically Adjusted PB Ratio too high?
Spirit Aviation Holdings' current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.35. Based on the distribution chart, Spirit Aviation Holdings ranks #999999 out of 741 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Spirit Aviation Holdings' Cyclically Adjusted PB Ratio compare to TLSS and PNYG?
According to the Transportation industry distribution chart, Spirit Aviation Holdings ranks #999999 out of 741 companies for Cyclically Adjusted PB Ratio. This places Spirit Aviation Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Historically, Spirit Aviation Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.35 over the past decade. 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. 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 Spirit Aviation Holdings 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. Spirit Aviation Holdings's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current Cyclically Adjusted PB Ratio of 0.00. The current Cyclically Adjusted PB Ratio is 0.00. 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 Spirit Aviation Holdings (FLYYQ), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 28, 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.

Spirit Aviation Holdings Business Description

Address 1731 Radiant Drive, Dania Beach, FL, USA, 33004
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.