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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.
FTAI AviationFTAI -1.12%89 Cyclically Adjusted PB Ratio is 21.31 as of Aug. 07, 2026, which is 119% above its 10-year median of 9.73. GuruFocus rates FTAI with a GF Score™ of 89/100 and a GF Value™ of $231.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 211 Aerospace & Defense companies, FTAI Aviation ranks worse than 95.26% on this metric.
The historical rank and industry rank for FTAI Aviation's Cyclically Adjusted PB Ratio or its related term are showing as below:
FTAI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.41 Med: 9.73 Max: 28.13
Current: 21.56
During the past years, FTAI Aviation's highest Cyclically Adjusted PB Ratio was 28.13. The lowest was 2.41. And the median was 9.73.
FTAI's Cyclically Adjusted PB Ratio is ranked worse than 95.26% of 211
companies
in the Aerospace & Defense industry
Industry Median: 3.51
vs FTAI: 21.56
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.
FTAI Aviation's adjusted book value per share data for the three months ended in Jun. 2026 was $3.936. 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 $10.38 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
FTAI Aviation (NAS:FTAI) 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.
FTAI Aviation Cyclically Adjusted PB Ratio Related Terms
FTAI Aviation Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for FTAI Aviation'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.
FTAI vs WWD, ARXS, TXT: Cyclically Adjusted PB Ratio Comparison
For the Aerospace & Defense subindustry, FTAI Aviation'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.
FTAI Aviation Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, FTAI Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where FTAI Aviation's Cyclically Adjusted PB Ratio falls into.
FTAI Aviation 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.
FTAI Aviation'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 21.31 mean?
FTAI Aviation (FTAI) has a Cyclically Adjusted PB Ratio of 21.31 as of Aug. 07, 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 FTAI Aviation and its competitors. This is 119% above median its historical median of 9.73. Over the past decade, FTAI Aviation's Cyclically Adjusted PB Ratio has ranged from 2.41 to 28.13. According to the industry distribution chart, FTAI Aviation ranks #201 out of 211 companies in the Aerospace & Defense industry, placing it in the top 95.3%.
Is FTAI Aviation's Cyclically Adjusted PB Ratio too high?
FTAI Aviation's current Cyclically Adjusted PB Ratio of 21.31 is 119% above median its 10-year median of 9.73. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 28.13. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.51. FTAI Aviation's value of 21.31 is 507.1% above this industry median. Based on the distribution chart, FTAI Aviation ranks #201 out of 211 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, FTAI Aviation has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FTAI Aviation's Cyclically Adjusted PB Ratio compare to WWD and ARXS?
According to the Aerospace & Defense industry distribution chart, FTAI Aviation ranks #201 out of 211 companies for Cyclically Adjusted PB Ratio. This places FTAI Aviation in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.51. FTAI Aviation's value of 21.31 is 507.1% above this benchmark. Historically, FTAI Aviation's own Cyclically Adjusted PB Ratio has ranged from 2.41 to 28.13 over the past decade. While the company's 10-year median is 9.73 vs. the industry median of 3.51, FTAI Aviation 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.51, based on 211 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. FTAI Aviation's current Cyclically Adjusted PB Ratio of 21.31 is 507.1% 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 FTAI Aviation and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTAI Aviation's current Cyclically Adjusted PB Ratio is 21.31, which is 119% above median its own 10-year median of 9.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTAI Aviation stock overvalued right now?
Based on GuruFocus' analysis, FTAI Aviation (FTAI) is currently considered Fairly Valued. The stock's GF Value™ is $231.18, compared to a current price of $221.22 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.31, which is 119% above median its 10-year median of 9.73 and 507.1% above the Aerospace & Defense industry median of 3.51. FTAI Aviation's overall GF Score™ is 89/100 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 FTAI Aviation (FTAI), the current Cyclically Adjusted PB Ratio is 21.31 as of Aug. 07, 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 FTAI Aviation (FTAI) Overvalued in 2026?
Based on GuruFocus' analysis, FTAI Aviation stock appears to be undervalued.
The current stock price of $221.22 is trading 4.3% below its estimated GF Value™ of $231.18.
GuruFocus considers FTAI Aviation to be Fairly Valued.
Key valuation signals for FTAI:
Cyclically Adjusted PB Ratio: 21.31 (119% above median its 10-year median of 9.73)
GF Value™: $231.18 vs. price of $221.22 (4.3% below fair value)
Industry Position: 507.1% above the Aerospace & Defense median (#201 of 211)
No single metric tells the full story. See the FTAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FTAI Aviation Ltd is an independent engine maintenance platform focused on the CFM56-5B, CFM56-7B, and V2500 aircraft engines, which power the 737NG and A320ceo aircraft. The company repairs and rebuilds engines in its maintenance facilities and with joint venture partners, and sells or leases engines through its proprietary Maintenance, Repair and Exchange (MRE) model under the Aerospace Products segment, which earns maximum revenue from North America and develops, repairs/refurbishes, and sells aircraft engines and aftermarket components. It also operates an Aviation Leasing segment, owning and managing a portfolio of on- and off-lease aircraft and engines, including engine transfers for rebuilding and sales.
89GF 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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