Corporacion America Airports (MEX:CAAP N) Cyclically Adjusted PB Ratio: 4.41 (As of Aug. 18, 2026) — Near Median

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MEX:CAAP N Corporacion America Airports SA MEX:CAAP N
86 GF Score
Price MXN483.70
GF Value MXN476.45
! 1 Warning Sign
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What is Corporacion America Airports Cyclically Adjusted PB Ratio?

Corporacion America Airports MEX:CAAP N 86 Cyclically Adjusted PB Ratio is 4.41 as of Aug. 18, 2026, which is 0% above its 10-year median of 4.40. GuruFocus rates MEX:CAAP N with a GF Score™ of 86/100 and a GF Value™ of MXN476.45. The stock has 1 warning sign investors should review. Among 721 Transportation companies, Corporacion America Airports ranks worse than 88.35% on this metric.

As of today (2026-08-18), Corporacion America Airports's current share price is MXN483.70. Corporacion America Airports's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN109.59. Corporacion America Airports's Cyclically Adjusted PB Ratio for today is 4.41.

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

MEX:CAAP N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.16   Med: 4.4   Max: 4.81
Current: 4.19

During the past years, Corporacion America Airports's highest Cyclically Adjusted PB Ratio was 4.81. The lowest was 4.16. And the median was 4.40.

MEX:CAAP N's Cyclically Adjusted PB Ratio is ranked worse than
88.35% of 721 companies
in the Transportation industry
Industry Median: 1.27 vs MEX:CAAP N: 4.19

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.

Corporacion America Airports's adjusted book value per share data for the three months ended in Mar. 2026 was MXN199.400. 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 MXN109.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion America Airports  (MEX:CAAP 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.


Corporacion America Airports Cyclically Adjusted PB Ratio Related Terms


Corporacion America Airports Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Cyclically Adjusted PB Ratio Chart

Corporacion America Airports 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 0.00 0.00 0.00 0.00 0.00

Corporacion America Airports 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 0.00 0.00 0.00 0.00 4.41

MEX:CAAP N vs JOBY, ASLE, UP: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Corporacion America Airports'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.


Corporacion America Airports Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Corporacion America Airports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Corporacion America Airports's Cyclically Adjusted PB Ratio falls into.


MEX:CAAP N
86GF Score
Corporacion America Airports SA MEX:CAAP N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion America Airports 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.

Corporacion America Airports's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=483.70/109.59
=4.41

* 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.

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

For example, Corporacion America Airports'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)
=199.4/127.1600*127.1600
=199.400

Current CPI (Mar. 2026) = 127.1600.

Corporacion America Airports Quarterly Data

Book Value per Share CPI Adj_Book
201412 102.752 98.830 132.206
201512 49.725 99.910 63.287
201612 57.868 101.040 72.828
201703 0.000 101.780 0.000
201706 0.000 102.170 0.000
201709 56.216 102.520 69.727
201712 56.675 102.410 70.372
201803 74.902 102.900 92.561
201806 65.318 103.650 80.133
201809 75.088 104.580 91.300
201812 94.265 104.320 114.904
201903 94.771 105.140 114.619
201906 106.750 105.550 128.606
201909 95.211 105.900 114.325
201912 90.031 106.080 107.922
202003 107.487 106.040 128.895
202006 96.921 106.340 115.897
202009 72.276 106.620 86.200
202012 60.614 106.670 72.257
202103 57.202 108.140 67.263
202106 54.857 108.680 64.185
202109 58.734 109.470 68.225
202112 59.949 111.090 68.621
202203 60.740 114.780 67.291
202206 78.529 116.750 85.531
202209 89.233 117.000 96.982
202212 86.807 117.060 94.297
202303 85.556 118.910 91.492
202306 0.000 120.460 0.000
202309 94.638 121.740 98.851
202312 76.448 121.170 80.227
202403 113.086 122.590 117.302
202406 142.758 123.120 147.442
202409 160.727 123.300 165.759
202412 177.275 122.430 184.124
202503 182.593 124.210 186.930
202506 169.860 125.820 171.669
202509 162.577 126.570 163.335
202512 175.069 126.180 176.429
202603 199.400 127.160 199.400

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 4.41 mean?
Corporacion America Airports (MEX:CAAP N) has a Cyclically Adjusted PB Ratio of 4.41 as of Aug. 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 Corporacion America Airports and its competitors. This is near median its historical median of 4.40. Over the past decade, Corporacion America Airports' Cyclically Adjusted PB Ratio has ranged from 4.16 to 4.81. According to the industry distribution chart, Corporacion America Airports ranks #637 out of 721 companies in the Transportation industry, placing it in the top 88.3%.
Is Corporacion America Airports' Cyclically Adjusted PB Ratio too high?
Corporacion America Airports' current Cyclically Adjusted PB Ratio of 4.41 is near median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 4.81. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Corporacion America Airports' value of 4.41 is 247.2% above this industry median. Based on the distribution chart, Corporacion America Airports ranks #637 out of 721 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Corporacion America Airports has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion America Airports' Cyclically Adjusted PB Ratio compare to JOBY and ASLE?
According to the Transportation industry distribution chart, Corporacion America Airports ranks #637 out of 721 companies for Cyclically Adjusted PB Ratio. This places Corporacion America Airports in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Corporacion America Airports' value of 4.41 is 247.2% above this benchmark. Historically, Corporacion America Airports' own Cyclically Adjusted PB Ratio has ranged from 4.16 to 4.81 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 1.27, Corporacion America Airports 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 1.27, based on 721 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. Corporacion America Airports's current Cyclically Adjusted PB Ratio of 4.41 is 247.2% 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 Corporacion America Airports and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion America Airports's current Cyclically Adjusted PB Ratio is 4.41, which is near median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion America Airports stock overvalued right now?
Corporacion America Airports (MEX:CAAP N) has a current Cyclically Adjusted PB Ratio of 4.41. The stock's GF Value™ is MXN476.45, compared to a current price of MXN483.70 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.41, which is near median its 10-year median of 4.40 and 247.2% above the Transportation industry median of 1.27. Corporacion America Airports' overall GF Score™ is 86/100 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 Corporacion America Airports (MEX:CAAP N), the current Cyclically Adjusted PB Ratio is 4.41 as of Aug. 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 Corporacion America Airports (MEX:CAAP N) Overvalued in 2026?

Based on GuruFocus' analysis, Corporacion America Airports stock appears to be overvalued. The current stock price of MXN483.70 is trading 1.5% above its estimated GF Value™ of MXN476.45.

Key valuation signals for MEX:CAAP N:

  • Cyclically Adjusted PB Ratio: 4.41 (near median its 10-year median of 4.40)
  • GF Value™: MXN476.45 vs. price of MXN483.70 (1.5% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 247.2% above the Transportation median (#637 of 721)

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


Corporacion America Airports Business Description

Other Exchanges CAAP:USA8YA:Germany
Address 128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops, and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.
86GF Score

Get the complete analysis for MEX:CAAP N

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

MXN483.70
Price
MXN476.45
GF Value