Global Crossing Airlines Group (FRA:EZ70) Cyclically Adjusted PB Ratio: 4.56 (As of Aug. 23, 2026) — 591% Above 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:EZ70 Global Crossing Airlines Group Inc FRA:EZ70
35 GF Score
Price €0.41
GF Value €0.60
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Global Crossing Airlines Group Cyclically Adjusted PB Ratio?

Global Crossing Airlines Group FRA:EZ70 35 Cyclically Adjusted PB Ratio is 4.56 as of Aug. 23, 2026, which is 591% above its 10-year median of 0.66. GuruFocus rates FRA:EZ70 with a GF Score™ of 35/100 and a GF Value™ of €0.60 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 708 Transportation companies, Global Crossing Airlines Group ranks worse than 90.54% on this metric.

As of today (2026-08-23), Global Crossing Airlines Group's current share price is €0.41. Global Crossing Airlines Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.09. Global Crossing Airlines Group's Cyclically Adjusted PB Ratio for today is 4.56.

The historical rank and industry rank for Global Crossing Airlines Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:EZ70' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.66   Max: 6.07
Current: 4.92

During the past years, Global Crossing Airlines Group's highest Cyclically Adjusted PB Ratio was 6.07. The lowest was 0.14. And the median was 0.66.

FRA:EZ70's Cyclically Adjusted PB Ratio is ranked worse than
90.54% of 708 companies
in the Transportation industry
Industry Median: 1.275 vs FRA:EZ70: 4.92

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.

Global Crossing Airlines Group's adjusted book value per share data for the three months ended in Jun. 2026 was €-0.348. 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 €0.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Crossing Airlines Group  (FRA:EZ70) 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.


Global Crossing Airlines Group Cyclically Adjusted PB Ratio Related Terms


Global Crossing Airlines Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Global Crossing Airlines 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.

Global Crossing Airlines Group Cyclically Adjusted PB Ratio Chart

Global Crossing Airlines Group Annual Data
Trend Apr16 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 0.26 0.30 0.63 0.97 2.64

Global Crossing Airlines 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 1.76 2.30 2.64 3.47 5.58

FRA:EZ70 vs DAL, UAL, LUV: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Global Crossing Airlines 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.


Global Crossing Airlines Group Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's Cyclically Adjusted PB Ratio falls into.


FRA:EZ70
35GF Score
Global Crossing Airlines Group Inc FRA:EZ70
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Crossing Airlines 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.

Global Crossing Airlines Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.41/0.09
=4.56

* 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.

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

For example, Global Crossing Airlines 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)
=-0.348/333.9520*333.9520
=-0.348

Current CPI (Jun. 2026) = 333.9520.

Global Crossing Airlines Group Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.509 240.628 0.706
201610 0.427 241.729 0.590
201701 0.356 242.839 0.490
201706 1.685 244.955 2.297
201709 0.423 246.819 0.572
201712 0.352 246.524 0.477
201803 0.629 249.554 0.842
201806 0.562 251.989 0.745
201809 0.508 252.439 0.672
201812 0.385 251.233 0.512
201903 0.497 254.202 0.653
201906 0.384 256.143 0.501
201909 0.272 256.759 0.354
201912 -0.087 256.974 -0.113
202003 -0.107 258.115 -0.138
202006 -0.004 257.797 -0.005
202009 0.008 260.280 0.010
202012 0.009 260.474 0.012
202103 0.006 264.877 0.008
202106 0.210 271.696 0.258
202109 0.128 274.310 0.156
202112 0.073 278.802 0.087
202203 0.035 287.504 0.041
202206 -0.068 296.311 -0.077
202209 -0.068 296.808 -0.077
202212 -0.128 296.797 -0.144
202303 -0.193 301.836 -0.214
202306 -0.291 305.109 -0.319
202309 -0.301 307.789 -0.327
202312 -0.313 306.746 -0.341
202403 -0.403 312.332 -0.431
202406 -0.385 314.175 -0.409
202409 -0.437 315.301 -0.463
202412 -0.457 315.605 -0.484
202503 -0.419 319.799 -0.438
202506 -0.366 322.561 -0.379
202509 -0.372 324.800 -0.382
202512 -0.384 324.054 -0.396
202603 -0.342 330.213 -0.346
202606 -0.348 333.952 -0.348

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 4.56 mean?
Global Crossing Airlines Group (FRA:EZ70) has a Cyclically Adjusted PB Ratio of 4.56 as of Aug. 23, 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 Global Crossing Airlines Group and its competitors. This is 591% above median its historical median of 0.66. Over the past decade, Global Crossing Airlines Group's Cyclically Adjusted PB Ratio has ranged from 0.14 to 6.07. According to the industry distribution chart, Global Crossing Airlines Group ranks #641 out of 708 companies in the Transportation industry, placing it in the top 90.5%.
Is Global Crossing Airlines Group's Cyclically Adjusted PB Ratio too high?
Global Crossing Airlines Group's current Cyclically Adjusted PB Ratio of 4.56 is 591% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 6.07. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Global Crossing Airlines Group's value of 4.56 is 257.6% above this industry median. Based on the distribution chart, Global Crossing Airlines Group ranks #641 out of 708 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Global Crossing Airlines Group has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Global Crossing Airlines Group's Cyclically Adjusted PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Global Crossing Airlines Group ranks #641 out of 708 companies for Cyclically Adjusted PB Ratio. This places Global Crossing Airlines Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Global Crossing Airlines Group's value of 4.56 is 257.6% above this benchmark. Historically, Global Crossing Airlines Group's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 6.07 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.28, Global Crossing Airlines Group 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 1.28, based on 708 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. Global Crossing Airlines Group's current Cyclically Adjusted PB Ratio of 4.56 is 257.6% 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 Global Crossing Airlines Group 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. Global Crossing Airlines Group's current Cyclically Adjusted PB Ratio is 4.56, which is 591% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Crossing Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, Global Crossing Airlines Group (FRA:EZ70) is currently considered Possible Value Trap. The stock's GF Value™ is €0.60, compared to a current price of €0.41 — trading 31.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.56, which is 591% above median its 10-year median of 0.66 and 257.6% above the Transportation industry median of 1.28. Global Crossing Airlines Group's overall GF Score™ is 35/100 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 Global Crossing Airlines Group (FRA:EZ70), the current Cyclically Adjusted PB Ratio is 4.56 as of Aug. 23, 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 Global Crossing Airlines Group (FRA:EZ70) Overvalued in 2026?

Based on GuruFocus' analysis, Global Crossing Airlines Group stock appears to be undervalued. The current stock price of €0.41 is trading 31.7% below its estimated GF Value™ of €0.60. GuruFocus considers Global Crossing Airlines Group to be Possible Value Trap.

Key valuation signals for FRA:EZ70:

  • Cyclically Adjusted PB Ratio: 4.56 (591% above median its 10-year median of 0.66)
  • GF Value™: €0.60 vs. price of €0.41 (31.7% below fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 257.6% above the Transportation median (#641 of 708)

No single metric tells the full story. See the FRA:EZ70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Crossing Airlines Group Business Description

Address 4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166
Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, and Central and South America. It generates revenues by providing passenger aircraft outsourcing services to customers on a Charter and ACMI basis. Geographically, it operates predominantly in the USA.
35GF Score

Get the complete analysis for FRA:EZ70

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

€0.41
Price
€0.60
GF Value