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Malta International AirportMAL:MIA +1.64%100 Cyclically Adjusted PB Ratio is 4.92 as of Jul. 18, 2026, which is 33% below its 10-year median of 7.34. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.11 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 738 Transportation companies, Malta International Airport ranks worse than 90.38% on this metric.
The historical rank and industry rank for Malta International Airport's Cyclically Adjusted PB Ratio or its related term are showing as below:
MAL:MIA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.56 Med: 7.34 Max: 12.15
Current: 4.93
During the past 13 years, Malta International Airport's highest Cyclically Adjusted PB Ratio was 12.15. The lowest was 4.56. And the median was 7.34.
MAL:MIA's Cyclically Adjusted PB Ratio is ranked worse than 90.38% of 738
companies
in the Transportation industry
Industry Median: 1.24
vs MAL:MIA: 4.93
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.
Malta International Airport's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.760. 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 €1.26 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Malta International Airport (MAL:MIA) 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.
Malta International Airport Cyclically Adjusted PB Ratio Related Terms
Malta International Airport Cyclically Adjusted PB Ratio Historical Data
* 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.
Malta International Airport Cyclically Adjusted PB Ratio Chart
MAL:MIA vs JOBY, CAAP: Cyclically Adjusted PB Ratio Comparison
For the Airports & Air Services subindustry, Malta International Airport'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.
Malta International Airport Cyclically Adjusted PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Malta International Airport's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Malta International Airport's Cyclically Adjusted PB Ratio falls into.
Malta International Airport 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 4.92 mean?
Malta International Airport (MAL:MIA) has a Cyclically Adjusted PB Ratio of 4.92 as of Jul. 18, 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 Malta International Airport and its competitors. This is 33% below median its historical median of 7.34. Over the past decade, Malta International Airport's Cyclically Adjusted PB Ratio has ranged from 4.56 to 12.15. According to the industry distribution chart, Malta International Airport ranks #667 out of 738 companies in the Transportation industry, placing it in the top 90.4%.
Is Malta International Airport's Cyclically Adjusted PB Ratio too high?
Malta International Airport's current Cyclically Adjusted PB Ratio of 4.92 is 33% below median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 12.15. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Malta International Airport's value of 4.92 is 296.8% above this industry median. Based on the distribution chart, Malta International Airport ranks #667 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's Cyclically Adjusted PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #667 out of 738 companies for Cyclically Adjusted PB Ratio. This places Malta International Airport in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Malta International Airport's value of 4.92 is 296.8% above this benchmark. Historically, Malta International Airport's own Cyclically Adjusted PB Ratio has ranged from 4.56 to 12.15 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 1.24, Malta International Airport 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 1.24, based on 738 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. Malta International Airport's current Cyclically Adjusted PB Ratio of 4.92 is 296.8% 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 Malta International Airport and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current Cyclically Adjusted PB Ratio is 4.92, which is 33% below median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.11, compared to a current price of €6.20 — trading 23.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.92, which is 33% below median its 10-year median of 7.34 and 296.8% above the Transportation industry median of 1.24. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign 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 Malta International Airport (MAL:MIA), the current Cyclically Adjusted PB Ratio is 4.92 as of Jul. 18, 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 Malta International Airport (MAL:MIA) Overvalued in 2026?
Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued.
The current stock price of €6.20 is trading 23.6% below its estimated GF Value™ of €8.11.
GuruFocus considers Malta International Airport to be Modestly Undervalued.
Key valuation signals for MAL:MIA:
Cyclically Adjusted PB Ratio: 4.92 (33% below median its 10-year median of 7.34)
GF Value™: €8.11 vs. price of €6.20 (23.6% below fair value)
Industry Position: 296.8% above the Transportation median (#667 of 738)
No single metric tells the full story. See the MAL:MIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
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