Republic Airways Holdings (FRA:M2A0) Cyclically Adjusted PB Ratio: 1.10 (As of Aug. 10, 2026) — Near Median

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FRA:M2A0 Republic Airways Holdings Inc FRA:M2A0
39 GF Score
Price €15.60
! 7 Warning Signs
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What is Republic Airways Holdings Cyclically Adjusted PB Ratio?

Republic Airways Holdings FRA:M2A0 39 Cyclically Adjusted PB Ratio is 1.10 as of Aug. 10, 2026, which is 8% above its 10-year median of 1.02. GuruFocus rates FRA:M2A0 with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 730 Transportation companies, Republic Airways Holdings ranks better than 57.26% on this metric.

As of today (2026-08-10), Republic Airways Holdings's current share price is €15.60. Republic Airways Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €14.15. Republic Airways Holdings's Cyclically Adjusted PB Ratio for today is 1.10.

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

FRA:M2A0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.02   Max: 1.28
Current: 1.13

During the past years, Republic Airways Holdings's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.91. And the median was 1.02.

FRA:M2A0's Cyclically Adjusted PB Ratio is ranked better than
57.26% of 730 companies
in the Transportation industry
Industry Median: 1.295 vs FRA:M2A0: 1.13

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.

Republic Airways Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €26.220. 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 €14.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Republic Airways Holdings  (FRA:M2A0) 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.


Republic Airways Holdings Cyclically Adjusted PB Ratio Related Terms


Republic Airways Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Republic Airways Holdings'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.

Republic Airways Holdings Cyclically Adjusted PB Ratio Chart

Republic Airways Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.03

Republic Airways Holdings Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec23 Mar24 Dec24 Mar25 Jun25 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 1.03 0.97 1.11

FRA:M2A0 vs ULCC, HRBR, SRFM: Cyclically Adjusted PB Ratio Comparison

For the Airlines subindustry, Republic Airways Holdings'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.


Republic Airways Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Republic Airways Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Republic Airways Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:M2A0
39GF Score
Republic Airways Holdings Inc FRA:M2A0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Republic Airways Holdings 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.

Republic Airways Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.60/14.15
=1.10

* 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.

Republic Airways Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Republic Airways Holdings'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)
=26.22/333.9520*333.9520
=26.220

Current CPI (Jun. 2026) = 333.9520.

Republic Airways Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200812 10.224 210.228 16.241
200903 10.660 212.709 16.736
200906 10.261 215.693 15.887
200909 9.885 215.969 15.285
200912 10.268 215.949 15.879
201003 10.376 217.631 15.922
201006 11.450 217.965 17.543
201009 11.311 218.439 17.292
201012 9.568 219.179 14.578
201103 8.705 223.467 13.009
201106 8.274 225.722 12.241
201109 8.815 226.889 12.975
201112 7.177 225.672 10.621
201203 7.096 229.392 10.330
201206 7.809 229.478 11.364
201209 8.029 231.407 11.587
201212 8.058 229.601 11.720
201303 8.128 232.773 11.661
201306 8.356 233.504 11.951
201309 8.044 234.149 11.473
201312 8.117 233.049 11.631
201403 8.223 236.293 11.622
201406 8.666 238.343 12.142
201409 9.447 238.031 13.254
201412 10.059 234.812 14.306
201503 11.475 236.119 16.230
201506 11.137 238.638 15.585
201509 11.203 237.945 15.723
201512 10.807 236.525 15.259
201603 7.987 238.132 11.201
201606 5.642 241.018 7.817
201609 -0.748 241.428 -1.035
202312 24.269 306.746 26.421
202403 0.000 312.332 0.000
202412 26.786 315.605 28.343
202503 26.590 319.799 27.767
202506 0.000 322.561 0.000
202512 24.819 324.054 25.577
202603 25.639 330.213 25.929
202606 26.220 333.952 26.220

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 1.10 mean?
Republic Airways Holdings (FRA:M2A0) has a Cyclically Adjusted PB Ratio of 1.10 as of Aug. 10, 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 Republic Airways Holdings and its competitors. This is near median its historical median of 1.02. Over the past decade, Republic Airways Holdings' Cyclically Adjusted PB Ratio has ranged from 0.91 to 1.28. According to the industry distribution chart, Republic Airways Holdings ranks #312 out of 730 companies in the Transportation industry, placing it in the top 42.7%.
Is Republic Airways Holdings' Cyclically Adjusted PB Ratio too high?
Republic Airways Holdings' current Cyclically Adjusted PB Ratio of 1.10 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.28. The Transportation industry median Cyclically Adjusted PB Ratio is 1.30. Republic Airways Holdings' value of 1.10 is 15.1% below this industry median. Based on the distribution chart, Republic Airways Holdings ranks #312 out of 730 companies in the Transportation industry, which is above the industry midpoint. Overall, Republic Airways Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Republic Airways Holdings' Cyclically Adjusted PB Ratio compare to ULCC and HRBR?
According to the Transportation industry distribution chart, Republic Airways Holdings ranks #312 out of 730 companies for Cyclically Adjusted PB Ratio. This puts Republic Airways Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Republic Airways Holdings' value of 1.10 is 15.1% below this benchmark. Historically, Republic Airways Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.91 to 1.28 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.30, Republic Airways Holdings 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 1.30, based on 730 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. Republic Airways Holdings's current Cyclically Adjusted PB Ratio of 1.10 is 15.1% 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 Republic Airways Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Airways Holdings's current Cyclically Adjusted PB Ratio is 1.10, which is near median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Airways Holdings stock overvalued right now?
Republic Airways Holdings (FRA:M2A0) has a current Cyclically Adjusted PB Ratio of 1.10. The current Cyclically Adjusted PB Ratio is 1.10, which is near median its 10-year median of 1.02 and 15.1% below the Transportation industry median of 1.30. Republic Airways Holdings' overall GF Score™ is 39/100 with 7 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 Republic Airways Holdings (FRA:M2A0), the current Cyclically Adjusted PB Ratio is 1.10 as of Aug. 10, 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.

Republic Airways Holdings Business Description

Other Exchanges RJET:USA
Address 2 Brickyard Lane, Carmel, IN, USA, 46032
Republic Airways Holdings Inc is a regional airline mainly in North America. The company provides scheduled passenger service through its mainline partnerships with American Airlines, Delta Air Lines, and United Airlines. Republic offers scheduled passenger service on several daily flights to various cities in the United States, Canada, Mexico, and the Caribbean. It exclusively operates the dual-class Embraer E170/175 family of aircraft, and provides its services under the American Eagle, Delta Connection, or United Express brands. The company is organized and operates as one operating and reportable segment: regional airline services.
39GF 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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