FPRUY (Fraport AG) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 17, 2026) — Near Median

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FPRUY Fraport AG FPRUY
76 GF Score
Price $39.70
GF Value $32.98
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Fraport AG Cyclically Adjusted PB Ratio?

Fraport AG FPRUY 76 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 17, 2026, which is 8% above its 10-year median of 1.32. GuruFocus rates FPRUY with a GF Score™ of 76/100 and a GF Value™ of $32.98 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 721 Transportation companies, Fraport AG ranks better than 50.9% on this metric.

As of today (2026-08-17), Fraport AG's current share price is $39.70. Fraport AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $27.74. Fraport AG's Cyclically Adjusted PB Ratio for today is 1.43.

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

FPRUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.32   Max: 2.81
Current: 1.26

During the past years, Fraport AG's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.79. And the median was 1.32.

FPRUY's Cyclically Adjusted PB Ratio is ranked better than
50.9% of 721 companies
in the Transportation industry
Industry Median: 1.27 vs FPRUY: 1.26

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.

Fraport AG's adjusted book value per share data for the three months ended in Jun. 2026 was $32.310. 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 $27.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraport AG  (OTCPK:FPRUY) 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.


Fraport AG Cyclically Adjusted PB Ratio Related Terms


Fraport AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fraport AG'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.

Fraport AG Cyclically Adjusted PB Ratio Chart

Fraport AG 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 1.43 0.84 1.16 1.19 1.37

Fraport AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.28 1.45 1.37 1.43 1.40

FPRUY vs JOBY: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


FPRUY
76GF Score
Fraport AG FPRUY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fraport AG 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.

Fraport AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.70/27.74
=1.43

* 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.

Fraport AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fraport AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=32.31/131.3638*131.3638
=32.310

Current CPI (Jun. 2026) = 131.3638.

Fraport AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.537 101.017 28.007
201612 21.360 101.217 27.722
201703 21.803 101.417 28.241
201706 22.464 102.117 28.898
201709 24.922 102.717 31.872
201712 24.773 102.617 31.713
201803 25.890 102.917 33.046
201806 24.305 104.017 30.695
201809 25.539 104.718 32.038
201812 25.737 104.217 32.441
201903 25.812 104.217 32.535
201906 25.489 105.718 31.672
201909 26.209 106.018 32.475
201912 26.717 105.818 33.167
202003 25.942 105.718 32.235
202006 25.201 106.618 31.050
202009 24.146 105.818 29.975
202012 23.825 105.518 29.661
202103 22.927 107.518 28.012
202106 23.841 108.486 28.869
202109 23.879 109.435 28.664
202112 22.950 110.384 27.312
202203 21.993 113.968 25.350
202206 21.485 115.760 24.381
202209 20.703 118.818 22.889
202212 22.412 119.345 24.669
202303 22.518 122.402 24.167
202306 23.472 123.140 25.039
202309 24.720 124.195 26.147
202312 25.487 123.773 27.050
202403 25.661 125.038 26.959
202406 26.134 125.882 27.272
202409 27.999 126.198 29.145
202412 27.363 127.041 28.294
202503 27.962 127.779 28.746
202506 30.130 128.412 30.823
202509 32.632 129.255 33.164
202512 32.806 129.361 33.314
202603 32.511 131.258 32.537
202606 32.310 131.364 32.310

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 1.43 mean?
Fraport AG (FPRUY) has a Cyclically Adjusted PB Ratio of 1.43 as of Aug. 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 Fraport AG and its competitors. This is near median its historical median of 1.32. Over the past decade, Fraport AG's Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.81. According to the industry distribution chart, Fraport AG ranks #354 out of 721 companies in the Transportation industry, placing it in the top 49.1%.
Is Fraport AG's Cyclically Adjusted PB Ratio too high?
Fraport AG's current Cyclically Adjusted PB Ratio of 1.43 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.81. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Fraport AG's value of 1.43 is 12.6% above this industry median. Based on the distribution chart, Fraport AG ranks #354 out of 721 companies in the Transportation industry, which is above the industry midpoint. Overall, Fraport AG has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fraport AG's Cyclically Adjusted PB Ratio compare to JOBY?
According to the Transportation industry distribution chart, Fraport AG ranks #354 out of 721 companies for Cyclically Adjusted PB Ratio. This puts Fraport AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Fraport AG's value of 1.43 is 12.6% above this benchmark. Historically, Fraport AG's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.81 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.27, Fraport AG 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 721 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. Fraport AG's current Cyclically Adjusted PB Ratio of 1.43 is 12.6% 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 Fraport AG 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. Fraport AG's current Cyclically Adjusted PB Ratio is 1.43, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraport AG stock overvalued right now?
Based on GuruFocus' analysis, Fraport AG (FPRUY) is currently considered Modestly Overvalued. The stock's GF Value™ is $32.98, compared to a current price of $39.70 — trading 20.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is near median its 10-year median of 1.32 and 12.6% above the Transportation industry median of 1.27. Fraport AG's overall GF Score™ is 76/100 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 Fraport AG (FPRUY), the current Cyclically Adjusted PB Ratio is 1.43 as of Aug. 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 Fraport AG (FPRUY) Overvalued in 2026?

Based on GuruFocus' analysis, Fraport AG stock appears to be overvalued. The current stock price of $39.70 is trading 20.4% above its estimated GF Value™ of $32.98. GuruFocus considers Fraport AG to be Modestly Overvalued.

Key valuation signals for FPRUY:

  • Cyclically Adjusted PB Ratio: 1.43 (near median its 10-year median of 1.32)
  • GF Value™: $32.98 vs. price of $39.70 (20.4% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 12.6% above the Transportation median (#354 of 721)

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


Fraport AG Business Description

Address Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport owns and operates Frankfurt Airport, a European cargo and transfer hub, and international concessions including Lima Airport, Antalya Airport, and a network of 14 Greek airports. Frankfurt Airport operates under a dual-till model, leaving its commercial activities completely unregulated. The German business is split between regulated aviation activities, retail & real estate activities, and ground handling services. In 2025, retail & real estate contributed 33% of the group's operating profit, despite generating only 13% of the sales. Lufthansa accounted for 65% of Frankfurt Airport's total seat capacity in 2025. It has the highest contribution from its international segment among our European airport coverage, with 42% of EBITDA deriving from overseas operations in 2025.
76GF Score

Get the complete analysis for FPRUY

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

$39.70
Price
$32.98
GF Value