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Finnair Oyj (STU:FAI0) Cyclically Adjusted PB Ratio : 0.16 (As of May. 25, 2025)


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What is Finnair Oyj Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Finnair Oyj's current share price is €2.658. Finnair Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €16.74. Finnair Oyj's Cyclically Adjusted PB Ratio for today is 0.16.

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

STU:FAI0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.56   Max: 2.1
Current: 0.17

During the past years, Finnair Oyj's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.13. And the median was 0.56.

STU:FAI0's Cyclically Adjusted PB Ratio is ranked better than
96.14% of 699 companies
in the Transportation industry
Industry Median: 1.22 vs STU:FAI0: 0.17

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.

Finnair Oyj's adjusted book value per share data for the three months ended in Mar. 2025 was €2.668. 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 €16.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finnair Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Finnair Oyj'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.

* Premium members only.

Finnair Oyj Cyclically Adjusted PB Ratio Chart

Finnair Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.54 0.35 0.23 0.14

Finnair Oyj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.17 0.15 0.15 0.14 0.20

Competitive Comparison of Finnair Oyj's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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


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Finnair Oyj 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.

Finnair Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.658/16.74
=0.16

* 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.

Finnair Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Finnair Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.668/123.0100*123.0100
=2.668

Current CPI (Mar. 2025) = 123.0100.

Finnair Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.426 100.030 16.510
201509 13.489 100.130 16.571
201512 17.596 99.990 21.647
201603 17.221 100.080 21.167
201606 18.087 100.390 22.162
201609 20.117 100.540 24.613
201612 20.803 101.020 25.331
201703 19.791 100.910 24.125
201706 20.740 101.140 25.225
201709 23.744 101.320 28.827
201712 23.239 101.510 28.161
201803 23.502 101.730 28.418
201806 25.387 102.320 30.520
201809 27.879 102.600 33.425
201812 22.272 102.710 26.674
201903 21.788 102.870 26.054
201906 21.726 103.360 25.856
201909 22.317 103.540 26.514
201912 23.416 103.650 27.790
202003 17.778 103.490 21.131
202006 23.365 103.320 27.818
202009 11.217 103.710 13.304
202012 10.696 103.890 12.665
202103 9.429 104.870 11.060
202106 8.177 105.360 9.547
202109 6.547 106.290 7.577
202112 5.679 107.490 6.499
202203 3.353 110.950 3.717
202206 3.634 113.570 3.936
202209 4.265 114.920 4.565
202212 4.900 117.320 5.138
202303 4.792 119.750 4.922
202306 6.575 120.690 6.701
202309 5.523 121.280 5.602
202312 2.824 121.540 2.858
202403 2.856 122.360 2.871
202406 2.959 122.230 2.978
202409 2.872 122.260 2.890
202412 3.066 122.390 3.082
202503 2.668 123.010 2.668

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.


Finnair Oyj  (STU:FAI0) 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.


Finnair Oyj Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Finnair Oyj's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Finnair Oyj Business Description

Industry
Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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