AirBoss of America (FRA:2S1) Cyclically Adjusted PB Ratio: 0.70 (As of Sep. 16, 2026) — 60% Below 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.

FRA:2S1 AirBoss of America Corp FRA:2S1
59 GF Score
Price €4.36
GF Value €2.97
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is AirBoss of America Cyclically Adjusted PB Ratio?

AirBoss of America FRA:2S1 -3.96% 59 Cyclically Adjusted PB Ratio is 0.70 as of Sep. 16, 2026, which is 60% below its 10-year median of 1.74. GuruFocus rates FRA:2S1 with a GF Score™ of 59/100 and a GF Value™ of €2.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,099 Chemicals companies, AirBoss of America ranks better than 75.8% on this metric.

As of today (2026-09-16), AirBoss of America's current share price is €4.36. AirBoss of America's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €6.21. AirBoss of America's Cyclically Adjusted PB Ratio for today is 0.70.

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

FRA:2S1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.74   Max: 7.12
Current: 0.83

During the past years, AirBoss of America's highest Cyclically Adjusted PB Ratio was 7.12. The lowest was 0.41. And the median was 1.74.

FRA:2S1's Cyclically Adjusted PB Ratio is ranked better than
75.8% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs FRA:2S1: 0.83

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.

AirBoss of America's adjusted book value per share data for the three months ended in Jun. 2026 was €3.843. 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 €6.21 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AirBoss of America  (FRA:2S1) 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.


AirBoss of America Cyclically Adjusted PB Ratio Related Terms


AirBoss of America Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AirBoss of America'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.

AirBoss of America Cyclically Adjusted PB Ratio Chart

AirBoss of America 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 6.34 0.98 0.56 0.41 0.46

AirBoss of America 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 0.47 0.50 0.45 0.78 0.67

FRA:2S1 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AirBoss of America's Cyclically Adjusted PB Ratio falls into.


FRA:2S1
59GF Score
AirBoss of America Corp FRA:2S1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AirBoss of America 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.

AirBoss of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.36/6.206
=0.70

* 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.

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

For example, AirBoss of America'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)
=3.843/133.5265*133.5265
=3.843

Current CPI (Jun. 2026) = 133.5265.

AirBoss of America Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.200 101.765 5.511
201612 4.490 101.449 5.910
201703 4.498 102.634 5.852
201706 4.292 103.029 5.562
201709 4.200 103.345 5.427
201712 4.225 103.345 5.459
201803 4.170 105.004 5.303
201806 4.442 105.557 5.619
201809 4.469 105.636 5.649
201812 4.543 105.399 5.755
201903 4.656 106.979 5.811
201906 4.670 107.690 5.790
201909 4.892 107.611 6.070
201912 4.798 107.769 5.945
202003 6.341 107.927 7.845
202006 6.693 108.401 8.244
202009 7.137 108.164 8.810
202012 5.910 108.559 7.269
202103 6.314 110.298 7.644
202106 6.772 111.720 8.094
202109 7.093 112.905 8.389
202112 7.660 113.774 8.990
202203 8.047 117.646 9.133
202206 8.595 120.806 9.500
202209 7.006 120.648 7.754
202212 6.813 120.964 7.521
202303 6.685 122.702 7.275
202306 6.504 124.203 6.992
202309 6.471 125.230 6.900
202312 4.967 125.072 5.303
202403 4.872 126.258 5.152
202406 4.566 127.522 4.781
202409 4.261 127.285 4.470
202412 4.485 127.364 4.702
202503 4.267 129.181 4.411
202506 3.984 129.892 4.095
202509 3.877 130.287 3.973
202512 3.630 130.366 3.718
202603 3.749 132.262 3.785
202606 3.843 133.527 3.843

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 0.70 mean?
AirBoss of America (FRA:2S1) has a Cyclically Adjusted PB Ratio of 0.70 as of Sep. 16, 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 AirBoss of America and its competitors. This is 60% below median its historical median of 1.74. Over the past decade, AirBoss of America's Cyclically Adjusted PB Ratio has ranged from 0.41 to 7.12. According to the industry distribution chart, AirBoss of America ranks #266 out of 1099 companies in the Chemicals industry, placing it in the top 24.2%.
Is AirBoss of America's Cyclically Adjusted PB Ratio too high?
AirBoss of America's current Cyclically Adjusted PB Ratio of 0.70 is 60% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 7.12. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. AirBoss of America's value of 0.70 is 58.1% below this industry median. Based on the distribution chart, AirBoss of America ranks #266 out of 1099 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, AirBoss of America has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AirBoss of America's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, AirBoss of America ranks #266 out of 1099 companies for Cyclically Adjusted PB Ratio. This places AirBoss of America in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.67. AirBoss of America's value of 0.70 is 58.1% below this benchmark. Historically, AirBoss of America's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 7.12 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.67, AirBoss of America 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,099 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. AirBoss of America's current Cyclically Adjusted PB Ratio of 0.70 is 58.1% 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 AirBoss of America and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirBoss of America's current Cyclically Adjusted PB Ratio is 0.70, which is 60% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirBoss of America stock overvalued right now?
Based on GuruFocus' analysis, AirBoss of America (FRA:2S1) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.97, compared to a current price of €4.36 — trading 46.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 60% below median its 10-year median of 1.74 and 58.1% below the Chemicals industry median of 1.67. AirBoss of America's overall GF Score™ is 59/100 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 AirBoss of America (FRA:2S1), the current Cyclically Adjusted PB Ratio is 0.70 as of Sep. 16, 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 AirBoss of America (FRA:2S1) Overvalued in 2026?

Based on GuruFocus' analysis, AirBoss of America stock appears to be overvalued. The current stock price of €4.36 is trading 46.8% above its estimated GF Value™ of €2.97. GuruFocus considers AirBoss of America to be Significantly Overvalued.

Key valuation signals for FRA:2S1:

  • Cyclically Adjusted PB Ratio: 0.70 (60% below median its 10-year median of 1.74)
  • GF Value™: €2.97 vs. price of €4.36 (46.8% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 58.1% below the Chemicals median (#266 of 1099)

No single metric tells the full story. See the FRA:2S1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirBoss of America Business Description

Other Exchanges ABSSF:USABOS:Canada
Address 16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive, and industrial markets. It operates in two main segments: The AirBoss Rubber Solutions includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals; The AirBoss Manufactured Products include the manufacture and distribution of anti-noise, vibration, and harshness dampening parts and personal protection and safety products, for CBRN-E threats. The company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets. It generates the majority of its revenue from the United States.
59GF Score

Get the complete analysis for FRA:2S1

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

€4.36
Price
€2.97
GF Value