Avis Budget Group (FRA:CUCA) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:CUCA Avis Budget Group Inc FRA:CUCA
75 GF Score
Price €126.80
GF Value €106.55
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Avis Budget Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avis Budget Group  (FRA:CUCA) 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.


Avis Budget Group Cyclically Adjusted PB Ratio Related Terms


Avis Budget Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Avis Budget Group'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.

Avis Budget Group Cyclically Adjusted PB Ratio Chart

Avis Budget Group 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 43.45 59.88 135.79 0.00 0.00

Avis Budget Group 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 0.00 0.00 0.00 0.00 0.00

FRA:CUCA vs HRI, EQPT, WSC: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Avis Budget Group'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.


Avis Budget Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's Cyclically Adjusted PB Ratio falls into.


FRA:CUCA
75GF Score
Avis Budget Group Inc FRA:CUCA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Avis Budget Group 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.

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

For example, Avis Budget Group'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)
=-83.249/333.9520*333.9520
=-83.249

Current CPI (Jun. 2026) = 333.9520.

Avis Budget Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.745 241.428 6.563
201612 2.436 241.432 3.370
201703 1.551 243.801 2.125
201706 1.587 244.955 2.164
201709 4.103 246.819 5.551
201712 5.978 246.524 8.098
201803 4.556 249.554 6.097
201806 3.980 251.989 5.275
201809 5.724 252.439 7.572
201812 4.788 251.233 6.364
201903 3.773 254.202 4.957
201906 4.378 256.143 5.708
201909 6.074 256.759 7.900
201912 7.978 256.974 10.368
202003 3.830 258.115 4.955
202006 -1.941 257.797 -2.514
202009 -0.922 260.280 -1.183
202012 -1.820 260.474 -2.333
202103 -3.792 264.877 -4.781
202106 1.091 271.696 1.341
202109 -3.092 274.310 -3.764
202112 -3.477 278.802 -4.165
202203 -18.015 287.504 -20.925
202206 -12.889 296.311 -14.526
202209 -11.956 296.808 -13.452
202212 -17.016 296.797 -19.146
202303 -10.367 301.836 -11.470
202306 -2.977 305.109 -3.258
202309 -0.836 307.789 -0.907
202312 -9.144 306.746 -9.955
202403 -13.161 312.332 -14.072
202406 -12.770 314.175 -13.574
202409 -6.127 315.301 -6.489
202412 -63.494 315.605 -67.185
202503 -74.137 319.799 -77.418
202506 -67.627 322.561 -70.015
202509 -58.077 324.800 -59.713
202512 -75.920 324.054 -78.239
202603 -83.779 330.213 -84.728
202606 -83.249 333.952 -83.249

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.

Is Avis Budget Group (FRA:CUCA) Overvalued in 2026?

Based on GuruFocus' analysis, Avis Budget Group stock appears to be overvalued. The current stock price of €126.80 is trading 19% above its estimated GF Value™ of €106.55. GuruFocus considers Avis Budget Group to be Modestly Overvalued.

Key valuation signals for FRA:CUCA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €106.55 vs. price of €126.80 (19% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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


Avis Budget Group Business Description

Address 379 Interpace Parkway, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of mobility solutions through its three brands Avis, Budget and Zipcar, as well as several other brands, well recognized in their respective markets. Its brands offer a range of options, from car and truck rental to car sharing. The company operates in two reportable business segments: Americas - (i) vehicle rental operations in North America, South America, Central America and the Caribbean, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly. International - consisting of (i) vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly.
75GF Score

Get the complete analysis for FRA:CUCA

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

€126.80
Price
€106.55
GF Value