Airbus SE (MEX:AIR N) Cyclically Adjusted PB Ratio: 11.59 (As of Jul. 29, 2026) — 16% Above Median

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MEX:AIR N Airbus SE MEX:AIR N
69 GF Score
Price MXN4,094.56
GF Value MXN3,572.27
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Airbus SE Cyclically Adjusted PB Ratio?

Airbus SE MEX:AIR N 69 Cyclically Adjusted PB Ratio is 11.59 as of Jul. 29, 2026, which is 16% above its 10-year median of 10.02. GuruFocus rates MEX:AIR N with a GF Score™ of 69/100 and a GF Value™ of MXN3,572.27 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 214 Aerospace & Defense companies, Airbus SE ranks worse than 85.05% on this metric.

As of today (2026-07-29), Airbus SE's current share price is MXN4094.56. Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN353.21. Airbus SE's Cyclically Adjusted PB Ratio for today is 11.59.

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

MEX:AIR N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.4   Med: 10.02   Max: 13.69
Current: 12.17

During the past years, Airbus SE's highest Cyclically Adjusted PB Ratio was 13.69. The lowest was 4.40. And the median was 10.02.

MEX:AIR N's Cyclically Adjusted PB Ratio is ranked worse than
85.05% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.5 vs MEX:AIR N: 12.17

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.

Airbus SE's adjusted book value per share data for the three months ended in Mar. 2026 was MXN690.931. 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 MXN353.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE  (MEX:AIR N) 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.


Airbus SE Cyclically Adjusted PB Ratio Related Terms


Airbus SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted PB Ratio Chart

Airbus SE Annual Data
Trend Dec16 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 10.16 9.32 11.21 11.27 12.21

Airbus SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.23 11.77 12.53 12.21 9.50

MEX:AIR N vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Airbus SE'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.


Airbus SE Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Airbus SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Airbus SE's Cyclically Adjusted PB Ratio falls into.


MEX:AIR N
69GF Score
Airbus SE MEX:AIR N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airbus SE 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.

Airbus SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4094.56/353.21
=11.59

* 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.

Airbus SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Airbus SE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=690.931/136.9100*136.9100
=690.931

Current CPI (Mar. 2026) = 136.9100.

Airbus SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 162.812 100.260 222.328
201609 176.657 100.570 240.490
201612 102.924 100.710 139.920
201703 146.540 101.440 197.780
201706 237.363 101.370 320.582
201709 321.238 102.030 431.056
201712 322.328 101.970 432.774
201803 348.913 102.470 466.182
201806 272.401 103.100 361.731
201809 268.352 103.950 353.440
201812 280.011 103.970 368.725
201903 251.756 105.370 327.113
201906 207.531 105.840 268.453
201909 132.188 106.700 169.614
201912 160.051 106.800 205.174
202003 116.485 106.850 149.256
202006 43.851 107.510 55.843
202009 63.553 107.880 80.655
202012 199.008 107.850 252.630
202103 218.320 108.870 274.549
202106 282.536 109.670 352.713
202109 270.510 110.790 334.286
202112 279.290 114.010 335.388
202203 302.737 119.460 346.959
202206 234.379 119.050 269.541
202209 160.897 126.890 173.602
202212 339.595 124.940 372.130
202303 355.445 124.720 390.186
202306 355.841 125.830 387.175
202309 359.539 127.160 387.107
202312 415.972 126.450 450.381
202403 420.215 128.580 447.438
202406 412.217 129.910 434.429
202409 527.562 131.610 548.807
202412 543.386 131.630 565.183
202503 617.976 133.330 634.569
202506 636.113 133.960 650.121
202509 643.866 135.920 648.556
202512 699.131 135.270 707.607
202603 690.931 136.910 690.931

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 11.59 mean?
Airbus SE (MEX:AIR N) has a Cyclically Adjusted PB Ratio of 11.59 as of Jul. 29, 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 Airbus SE and its competitors. This is 16% above median its historical median of 10.02. Over the past decade, Airbus SE's Cyclically Adjusted PB Ratio has ranged from 4.40 to 13.69. According to the industry distribution chart, Airbus SE ranks #182 out of 214 companies in the Aerospace & Defense industry, placing it in the top 85%.
Is Airbus SE's Cyclically Adjusted PB Ratio too high?
Airbus SE's current Cyclically Adjusted PB Ratio of 11.59 is 16% above median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 13.69. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.50. Airbus SE's value of 11.59 is 231.1% above this industry median. Based on the distribution chart, Airbus SE ranks #182 out of 214 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Airbus SE has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airbus SE's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Airbus SE ranks #182 out of 214 companies for Cyclically Adjusted PB Ratio. This places Airbus SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.50. Airbus SE's value of 11.59 is 231.1% above this benchmark. Historically, Airbus SE's own Cyclically Adjusted PB Ratio has ranged from 4.40 to 13.69 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 3.50, Airbus SE 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 3.50, based on 214 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. Airbus SE's current Cyclically Adjusted PB Ratio of 11.59 is 231.1% 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 Airbus SE and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airbus SE's current Cyclically Adjusted PB Ratio is 11.59, which is 16% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airbus SE stock overvalued right now?
Based on GuruFocus' analysis, Airbus SE (MEX:AIR N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,572.27, compared to a current price of MXN4,094.56 — trading 14.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.59, which is 16% above median its 10-year median of 10.02 and 231.1% above the Aerospace & Defense industry median of 3.50. Airbus SE's overall GF Score™ is 69/100 with 6 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 Airbus SE (MEX:AIR N), the current Cyclically Adjusted PB Ratio is 11.59 as of Jul. 29, 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 Airbus SE (MEX:AIR N) Overvalued in 2026?

Based on GuruFocus' analysis, Airbus SE stock appears to be overvalued. The current stock price of MXN4,094.56 is trading 14.6% above its estimated GF Value™ of MXN3,572.27. GuruFocus considers Airbus SE to be Modestly Overvalued.

Key valuation signals for MEX:AIR N:

  • Cyclically Adjusted PB Ratio: 11.59 (16% above median its 10-year median of 10.02)
  • GF Value™: MXN3,572.27 vs. price of MXN4,094.56 (14.6% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 231.1% above the Aerospace & Defense median (#182 of 214)

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


Airbus SE Business Description

Address Mendelweg 30, Leiden, ZH, NLD, 2333 CS
Airbus is a global aerospace and defense firm that designs, develops, and manufactures commercial and military jets and helicopters, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers multiple configurations of aircraft ranging from the narrow-body (120-200 seats) A220 and A320 series to the much larger A330 and A350 wide-body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and the Eurofighter Typhoon multirole jet. The helicopter division manufactures turbine helicopters for the civil and public markets.
69GF Score

Get the complete analysis for MEX:AIR N

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

MXN4,094.56
Price
MXN3,572.27
GF Value