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.
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.
Willis Lease FinanceFRA:WIJ -0.86%92 Cyclically Adjusted PB Ratio is 2.40 as of Aug. 31, 2026, which is 114% above its 10-year median of 1.12. GuruFocus rates FRA:WIJ with a GF Score™ of 92/100 and a GF Value™ of €47.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 690 Business Services companies, Willis Lease Finance ranks worse than 67.97% on this metric.
The historical rank and industry rank for Willis Lease Finance's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:WIJ'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.12 Max: 3.91
Current: 2.38
During the past years, Willis Lease Finance's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 0.45. And the median was 1.12.
FRA:WIJ's Cyclically Adjusted PB Ratio is ranked worse than 67.97% of 690
companies
in the Business Services industry
Industry Median: 1.52
vs FRA:WIJ: 2.38
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.
Willis Lease Finance's adjusted book value per share data for the three months ended in Jun. 2026 was €26.967. 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 €19.18 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Willis Lease Finance (FRA:WIJ) 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.
Willis Lease Finance Cyclically Adjusted PB Ratio Related Terms
Willis Lease Finance Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Willis Lease Finance'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.
Willis Lease Finance Cyclically Adjusted PB Ratio Chart
FRA:WIJ vs HTZ, PRG, VSTS: Cyclically Adjusted PB Ratio Comparison
For the Rental & Leasing Services subindustry, Willis Lease Finance'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.
Willis Lease Finance Cyclically Adjusted PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Willis Lease Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Willis Lease Finance's Cyclically Adjusted PB Ratio falls into.
Willis Lease Finance 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.
* 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 2.40 mean?
Willis Lease Finance (FRA:WIJ) has a Cyclically Adjusted PB Ratio of 2.40 as of Aug. 31, 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 Willis Lease Finance and its competitors. This is 114% above median its historical median of 1.12. Over the past decade, Willis Lease Finance's Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.91. According to the industry distribution chart, Willis Lease Finance ranks #469 out of 690 companies in the Business Services industry, placing it in the top 68%.
Is Willis Lease Finance's Cyclically Adjusted PB Ratio too high?
Willis Lease Finance's current Cyclically Adjusted PB Ratio of 2.40 is 114% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.91. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. Willis Lease Finance's value of 2.40 is 57.9% above this industry median. Based on the distribution chart, Willis Lease Finance ranks #469 out of 690 companies in the Business Services industry, which is below the industry midpoint. Overall, Willis Lease Finance has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Willis Lease Finance's Cyclically Adjusted PB Ratio compare to HTZ and PRG?
According to the Business Services industry distribution chart, Willis Lease Finance ranks #469 out of 690 companies for Cyclically Adjusted PB Ratio. This places Willis Lease Finance in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Willis Lease Finance's value of 2.40 is 57.9% above this benchmark. Historically, Willis Lease Finance's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 3.91 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.52, Willis Lease Finance 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 690 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. Willis Lease Finance's current Cyclically Adjusted PB Ratio of 2.40 is 57.9% 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 Willis Lease Finance and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Willis Lease Finance's current Cyclically Adjusted PB Ratio is 2.40, which is 114% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Lease Finance stock overvalued right now?
Based on GuruFocus' analysis, Willis Lease Finance (FRA:WIJ) is currently considered Fairly Valued. The stock's GF Value™ is €47.20, compared to a current price of €46.00 — trading 2.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.40, which is 114% above median its 10-year median of 1.12 and 57.9% above the Business Services industry median of 1.52. Willis Lease Finance's overall GF Score™ is 92/100 with 5 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 Willis Lease Finance (FRA:WIJ), the current Cyclically Adjusted PB Ratio is 2.40 as of Aug. 31, 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 Willis Lease Finance (FRA:WIJ) Overvalued in 2026?
Based on GuruFocus' analysis, Willis Lease Finance stock appears to be undervalued.
The current stock price of €46.00 is trading 2.5% below its estimated GF Value™ of €47.20.
GuruFocus considers Willis Lease Finance to be Fairly Valued.
Key valuation signals for FRA:WIJ:
Cyclically Adjusted PB Ratio: 2.40 (114% above median its 10-year median of 1.12)
GF Value™: €47.20 vs. price of €46.00 (2.5% below fair value)
Industry Position: 57.9% above the Business Services median (#469 of 690)
No single metric tells the full story. See the FRA:WIJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Willis Lease Finance Corp, with its subsidiaries, is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments, which include Leasing and Related Operations and Spare Parts Sales. A majority of its revenue is generated from the Leasing and Related Operations segment, which involves acquiring and leasing, under operating leases, commercial aircraft, aircraft engines, and other aircraft equipment and the selective purchase and resale of commercial aircraft engines, aircraft equipment, and other related businesses. Geographically, the company derives maximum Lease rent revenue from the United States, followed by Europe, Asia-Pacific (excluding India), India, South America, Canada, Central America, and the Middle East.
92GF Score
Get the complete analysis for FRA:WIJ
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:WIJ has been successfully added to your 
