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The historical rank and industry rank for Air Lease's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:AVLA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.91 Max: 1.53
Current: 1.06
During the past years, Air Lease's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.51. And the median was 0.91.
FRA:AVLA's Cyclically Adjusted PB Ratio is not ranked
in the Business Services industry.
Industry Median: 1.56
vs FRA:AVLA: 1.06
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.
Air Lease's adjusted book value per share data for the three months ended in Dec. 2025 was €64.585. 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 €51.48 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Air Lease (FRA:AVLA) 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.
Air Lease Cyclically Adjusted PB Ratio Related Terms
Air Lease Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Air Lease'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.
FRA:AVLA vs R, UHAL, GATX: Cyclically Adjusted PB Ratio Comparison
For the Rental & Leasing Services subindustry, Air Lease'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.
Air Lease Cyclically Adjusted PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Air Lease's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Air Lease's Cyclically Adjusted PB Ratio falls into.
Air Lease 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.
Air Lease's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.08 mean?
Air Lease (FRA:AVLA) has a Cyclically Adjusted PB Ratio of 1.08 as of Jul. 22, 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 Air Lease and its competitors. This is 19% above median its historical median of 0.91. Over the past decade, Air Lease's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.53.
Is Air Lease's Cyclically Adjusted PB Ratio too high?
Air Lease's current Cyclically Adjusted PB Ratio of 1.08 is 19% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.53. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Air Lease's value of 1.08 is 30.8% below this industry median. Overall, Air Lease has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Air Lease's Cyclically Adjusted PB Ratio compare to R and UHAL?
Air Lease's Cyclically Adjusted PB Ratio of 1.08 can be compared against companies in the Business Services industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Air Lease's value of 1.08 is 30.8% below this benchmark. Historically, Air Lease's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.53 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.56, Air Lease 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Air Lease's current Cyclically Adjusted PB Ratio of 1.08 is 30.8% 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 Air Lease and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Lease's current Cyclically Adjusted PB Ratio is 1.08, which is 19% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Lease stock overvalued right now?
Air Lease (FRA:AVLA) has a current Cyclically Adjusted PB Ratio of 1.08. The stock's GF Value™ is €45.29, compared to a current price of €55.50 — trading 22.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 19% above median its 10-year median of 0.91 and 30.8% below the Business Services industry median of 1.56. Air Lease's overall GF Score™ is 64/100 with 11 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 Air Lease (FRA:AVLA), the current Cyclically Adjusted PB Ratio is 1.08 as of Jul. 22, 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 Air Lease (FRA:AVLA) Overvalued in 2026?
Based on GuruFocus' analysis, Air Lease stock appears to be overvalued.
The current stock price of €55.50 is trading 22.5% above its estimated GF Value™ of €45.29.
Key valuation signals for FRA:AVLA:
Cyclically Adjusted PB Ratio: 1.08 (19% above median its 10-year median of 0.91)
GF Value™: €45.29 vs. price of €55.50 (22.5% above fair value)
Industry Position: 30.8% below the Business Services median
No single metric tells the full story. See the FRA:AVLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Lease Corp is an aircraft leasing company based in the United States. It is engaged in the modern, fuel-efficient new technology commercial jet aircraft directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world to generate attractive returns on equity. The company also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors, and offers fleet management services to investors and owners of aircraft portfolios for a management fee. Geographically, it derives a maximum of its revenue from the Europe and the rest from Asia Pacific, Middle East and Africa, Central America, South America, Mexico, the United States, and Canada.
64GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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