Chorus Aviation (FRA:1H00) Cyclically Adjusted PB Ratio: 1.01 (As of Aug. 20, 2026) — 38% Below Median

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FRA:1H00 Chorus Aviation Inc FRA:1H00
72 GF Score
Price €18.40
GF Value €13.52
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Chorus Aviation Cyclically Adjusted PB Ratio?

Chorus Aviation FRA:1H00 -1.60% 72 Cyclically Adjusted PB Ratio is 1.01 as of Aug. 20, 2026, which is 38% below its 10-year median of 1.64. GuruFocus rates FRA:1H00 with a GF Score™ of 72/100 and a GF Value™ of €13.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 716 Transportation companies, Chorus Aviation ranks better than 62.01% on this metric.

As of today (2026-08-20), Chorus Aviation's current share price is €18.40. Chorus Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €18.23. Chorus Aviation's Cyclically Adjusted PB Ratio for today is 1.01.

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

FRA:1H00' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.64   Max: 4.09
Current: 1.02

During the past years, Chorus Aviation's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 0.57. And the median was 1.64.

FRA:1H00's Cyclically Adjusted PB Ratio is ranked better than
62.01% of 716 companies
in the Transportation industry
Industry Median: 1.275 vs FRA:1H00: 1.02

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 Jun. 2026 was €13.867. 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 €18.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chorus Aviation  (FRA:1H00) 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
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 0.82 0.81 0.76 0.77 0.82

FRA:1H00 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.


FRA:1H00
72GF Score
Chorus Aviation Inc FRA:1H00
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=18.40/18.23
=1.01

* 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 Jun. 2026 is calculated as:

For example, Chorus Aviation'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)
=13.867/133.5265*133.5265
=13.867

Current CPI (Jun. 2026) = 133.5265.

Chorus Aviation Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.838 101.765 6.348
201612 5.658 101.449 7.447
201703 6.557 102.634 8.531
201706 7.220 103.029 9.357
201709 9.728 103.345 12.569
201712 10.401 103.345 13.439
201803 12.514 105.004 15.913
201806 13.272 105.557 16.789
201809 14.136 105.636 17.868
201812 14.038 105.399 17.784
201903 16.309 106.979 20.356
201906 16.935 107.690 20.998
201909 17.449 107.611 21.651
201912 18.038 107.769 22.349
202003 17.124 107.927 21.186
202006 17.482 108.401 21.534
202009 17.482 108.164 21.581
202012 17.799 108.559 21.893
202103 17.230 110.298 20.859
202106 18.238 111.720 21.798
202109 18.126 112.905 21.437
202112 18.811 113.774 22.077
202203 20.026 117.646 22.729
202206 29.276 120.806 32.359
202209 30.845 120.648 34.138
202212 28.498 120.964 31.458
202303 29.357 122.702 31.947
202306 29.816 124.203 32.054
202309 29.991 125.230 31.978
202312 29.531 125.072 31.527
202403 29.772 126.258 31.486
202406 25.682 127.522 26.891
202409 13.561 127.285 14.226
202412 12.628 127.364 13.239
202503 12.541 129.181 12.963
202506 13.182 129.892 13.551
202509 13.401 130.287 13.734
202512 13.427 130.366 13.753
202603 13.573 132.262 13.703
202606 13.867 133.527 13.867

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 1.01 mean?
Chorus Aviation (FRA:1H00) has a Cyclically Adjusted PB Ratio of 1.01 as of Aug. 20, 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 38% below median its historical median of 1.64. 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 #272 out of 716 companies in the Transportation industry, placing it in the top 38%.
Is Chorus Aviation's Cyclically Adjusted PB Ratio too high?
Chorus Aviation's current Cyclically Adjusted PB Ratio of 1.01 is 38% below median its 10-year median of 1.64. 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 1.28. Chorus Aviation's value of 1.01 is 20.8% below this industry median. Based on the distribution chart, Chorus Aviation ranks #272 out of 716 companies in the Transportation industry, which is above the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 72/100 and is considered Significantly 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 #272 out of 716 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 1.28. Chorus Aviation's value of 1.01 is 20.8% 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 1.64 vs. the industry median of 1.28, 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 1.28, based on 716 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 1.01 is 20.8% 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 Chorus Aviation and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — 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 1.01, which is 38% below median its own 10-year median of 1.64. 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 (FRA:1H00) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.52, compared to a current price of €18.40 — trading 36.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 38% below median its 10-year median of 1.64 and 20.8% below the Transportation industry median of 1.28. Chorus Aviation's overall GF Score™ is 72/100 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 (FRA:1H00), the current Cyclically Adjusted PB Ratio is 1.01 as of Aug. 20, 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 (FRA:1H00) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of €18.40 is trading 36.1% above its estimated GF Value™ of €13.52. GuruFocus considers Chorus Aviation to be Significantly Overvalued.

Key valuation signals for FRA:1H00:

  • Cyclically Adjusted PB Ratio: 1.01 (38% below median its 10-year median of 1.64)
  • GF Value™: €13.52 vs. price of €18.40 (36.1% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 20.8% below the Transportation median (#272 of 716)

No single metric tells the full story. See the FRA:1H00 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chorus Aviation Business Description

Other Exchanges CHRRF:USACHR: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.
72GF Score

Get the complete analysis for FRA:1H00

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

€18.40
Price
€13.52
GF Value