AerCap Holdings NV (STU:R1D) Cyclically Adjusted PB Ratio: 1.77 (As of Aug. 16, 2026) — 27% Above Median

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STU:R1D AerCap Holdings NV STU:R1D
81 GF Score
Price €131.30
GF Value €121.00
Valuation Fairly Valued
! 7 Warning Signs
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What is AerCap Holdings NV Cyclically Adjusted PB Ratio?

AerCap Holdings NV STU:R1D +1.66% 81 Cyclically Adjusted PB Ratio is 1.77 as of Aug. 16, 2026, which is 27% above its 10-year median of 1.39. GuruFocus rates STU:R1D with a GF Score™ of 81/100 and a GF Value™ of €121.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 719 Business Services companies, AerCap Holdings NV ranks worse than 55.77% on this metric.

As of today (2026-08-16), AerCap Holdings NV's current share price is €131.30. AerCap Holdings NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €73.99. AerCap Holdings NV's Cyclically Adjusted PB Ratio for today is 1.77.

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

STU:R1D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.39   Max: 2.08
Current: 1.8

During the past years, AerCap Holdings NV's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 0.49. And the median was 1.39.

STU:R1D's Cyclically Adjusted PB Ratio is ranked worse than
55.77% of 719 companies
in the Business Services industry
Industry Median: 1.54 vs STU:R1D: 1.80

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.

AerCap Holdings NV's adjusted book value per share data for the three months ended in Jun. 2026 was €101.660. 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 €73.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AerCap Holdings NV  (STU:R1D) 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.


AerCap Holdings NV Cyclically Adjusted PB Ratio Related Terms


AerCap Holdings NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AerCap Holdings NV'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.

AerCap Holdings NV Cyclically Adjusted PB Ratio Chart

AerCap Holdings NV 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 1.31 0.99 1.12 1.32 1.81

AerCap Holdings NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.54 1.56 1.81 1.66 1.72

STU:R1D vs SUNB, UHAL, R: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, AerCap Holdings NV'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.


AerCap Holdings NV Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, AerCap Holdings NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AerCap Holdings NV's Cyclically Adjusted PB Ratio falls into.


STU:R1D
81GF Score
AerCap Holdings NV STU:R1D
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AerCap Holdings NV 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.

AerCap Holdings NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=131.30/73.99
=1.77

* 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.

AerCap Holdings NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AerCap Holdings NV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=101.66/128.6700*128.6700
=101.660

Current CPI (Jun. 2026) = 128.6700.

AerCap Holdings NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.032 100.274 52.652
201612 45.851 99.676 59.188
201703 46.899 100.374 60.120
201706 46.405 100.673 59.310
201709 45.378 100.474 58.113
201712 47.387 100.075 60.927
201803 47.355 100.573 60.584
201806 49.996 101.072 63.648
201809 51.724 101.371 65.653
201812 54.388 100.773 69.445
201903 56.462 101.670 71.457
201906 58.392 102.168 73.539
201909 61.828 102.268 77.790
201912 63.712 102.068 80.317
202003 65.503 102.367 82.334
202006 65.973 101.769 83.412
202009 57.653 101.072 73.396
202012 55.879 101.072 71.137
202103 58.723 102.367 73.812
202106 58.393 103.364 72.689
202109 62.803 104.859 77.064
202112 59.761 106.653 72.098
202203 54.169 109.245 63.801
202206 57.851 112.779 66.002
202209 63.947 113.504 72.492
202212 61.867 115.436 68.960
202303 63.091 117.609 69.025
202306 64.755 119.662 69.630
202309 71.886 120.749 76.602
202312 75.123 120.749 80.051
202403 78.647 120.990 83.639
202406 81.001 122.318 85.207
202409 79.554 121.594 84.184
202412 87.863 122.439 92.334
202503 87.727 123.405 91.470
202506 87.264 124.492 90.193
202509 90.846 124.810 93.656
202512 96.153 125.770 98.370
202603 100.922 127.830 101.585
202606 101.660 128.670 101.660

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 1.77 mean?
AerCap Holdings NV (STU:R1D) has a Cyclically Adjusted PB Ratio of 1.77 as of Aug. 16, 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 AerCap Holdings NV and its competitors. This is 27% above median its historical median of 1.39. Over the past decade, AerCap Holdings NV's Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.08. According to the industry distribution chart, AerCap Holdings NV ranks #401 out of 719 companies in the Business Services industry, placing it in the top 55.8%.
Is AerCap Holdings NV's Cyclically Adjusted PB Ratio too high?
AerCap Holdings NV's current Cyclically Adjusted PB Ratio of 1.77 is 27% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.08. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. AerCap Holdings NV's value of 1.77 is 14.9% above this industry median. Based on the distribution chart, AerCap Holdings NV ranks #401 out of 719 companies in the Business Services industry, which is below the industry midpoint. Overall, AerCap Holdings NV has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AerCap Holdings NV's Cyclically Adjusted PB Ratio compare to SUNB and UHAL?
According to the Business Services industry distribution chart, AerCap Holdings NV ranks #401 out of 719 companies for Cyclically Adjusted PB Ratio. This places AerCap Holdings NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. AerCap Holdings NV's value of 1.77 is 14.9% above this benchmark. Historically, AerCap Holdings NV's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 2.08 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.54, AerCap Holdings NV 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 719 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. AerCap Holdings NV's current Cyclically Adjusted PB Ratio of 1.77 is 14.9% 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 AerCap Holdings NV and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AerCap Holdings NV's current Cyclically Adjusted PB Ratio is 1.77, which is 27% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AerCap Holdings NV stock overvalued right now?
Based on GuruFocus' analysis, AerCap Holdings NV (STU:R1D) is currently considered Fairly Valued. The stock's GF Value™ is €121.00, compared to a current price of €131.30 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.77, which is 27% above median its 10-year median of 1.39 and 14.9% above the Business Services industry median of 1.54. AerCap Holdings NV's overall GF Score™ is 81/100 with 7 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 AerCap Holdings NV (STU:R1D), the current Cyclically Adjusted PB Ratio is 1.77 as of Aug. 16, 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 AerCap Holdings NV (STU:R1D) Overvalued in 2026?

Based on GuruFocus' analysis, AerCap Holdings NV stock appears to be overvalued. The current stock price of €131.30 is trading 8.5% above its estimated GF Value™ of €121.00. GuruFocus considers AerCap Holdings NV to be Fairly Valued.

Key valuation signals for STU:R1D:

  • Cyclically Adjusted PB Ratio: 1.77 (27% above median its 10-year median of 1.39)
  • GF Value™: €121.00 vs. price of €131.30 (8.5% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 14.9% above the Business Services median (#401 of 719)

No single metric tells the full story. See the STU:R1D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AerCap Holdings NV Business Description

Other Exchanges AER:USAAERN:Mexico
Address 65 Street Stephen's Green, AerCap House, Dublin, IRL, D02 YX20
AerCap Holdings NV is an aircraft leasing company. Its activities include leasing, financing, sales, and management of commercial aircraft and engines. It also provides aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. It has one business segment: leasing, financing, sales, and management of commercial flight equipment (Commercial Flight Equipment Segment). Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts. Its geographical segments include China, the United States, and Other countries.
81GF Score

Get the complete analysis for STU:R1D

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

€131.30
Price
€121.00
GF Value