UZAPF (Flughafen Zuerich AG) Cyclically Adjusted PB Ratio: 2.55 (As of Jul. 18, 2026) — Near Median

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UZAPF Flughafen Zuerich AG UZAPF
89 GF Score
Price $285.50
GF Value $279.02
Valuation Fairly Valued
! 1 Warning Sign
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What is Flughafen Zuerich AG Cyclically Adjusted PB Ratio?

Flughafen Zuerich AG UZAPF +0.71% 89 Cyclically Adjusted PB Ratio is 2.55 as of Jul. 18, 2026, which is 2% above its 10-year median of 2.50. GuruFocus rates UZAPF with a GF Score™ of 89/100 and a GF Value™ of $279.02 (Fairly Valued). The stock has 1 warning sign investors should review. Among 738 Transportation companies, Flughafen Zuerich AG ranks worse than 79.81% on this metric.

As of today (2026-07-18), Flughafen Zuerich AG's current share price is $285.50. Flughafen Zuerich AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $111.83. Flughafen Zuerich AG's Cyclically Adjusted PB Ratio for today is 2.55.

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

UZAPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.5   Max: 4.2
Current: 2.66

During the past 13 years, Flughafen Zuerich AG's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 1.49. And the median was 2.50.

UZAPF's Cyclically Adjusted PB Ratio is ranked worse than
79.81% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs UZAPF: 2.66

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.

Flughafen Zuerich AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was $128.720. 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 $111.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flughafen Zuerich AG  (OTCPK:UZAPF) 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.


Flughafen Zuerich AG Cyclically Adjusted PB Ratio Related Terms


Flughafen Zuerich AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flughafen Zuerich AG'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.

Flughafen Zuerich AG Cyclically Adjusted PB Ratio Chart

Flughafen Zuerich AG 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 2.21 1.81 2.13 2.56 2.87

Flughafen Zuerich AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.13 0.00 2.56 0.00 2.87

UZAPF vs JOBY, CAAP: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Flughafen Zuerich AG'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.


Flughafen Zuerich AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Flughafen Zuerich AG's Cyclically Adjusted PB Ratio falls into.


UZAPF
89GF Score
Flughafen Zuerich AG UZAPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flughafen Zuerich AG 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.

Flughafen Zuerich AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=285.50/111.83
=2.55

* 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.

Flughafen Zuerich AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Flughafen Zuerich AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=128.72/107.2000*107.2000
=128.720

Current CPI (Dec25) = 107.2000.

Flughafen Zuerich AG Annual Data

Book Value per Share CPI Adj_Book
201612 72.176 99.380 77.856
201712 79.242 100.213 84.767
201812 79.301 100.906 84.247
201912 81.851 101.063 86.821
202012 85.681 100.241 91.629
202112 85.275 101.776 89.820
202212 93.668 104.666 95.936
202312 105.606 106.461 106.339
202412 108.369 107.128 108.442
202512 128.720 107.200 128.720

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 2.55 mean?
Flughafen Zuerich AG (UZAPF) has a Cyclically Adjusted PB Ratio of 2.55 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 Flughafen Zuerich AG and its competitors. This is near median its historical median of 2.50. Over the past decade, Flughafen Zuerich AG's Cyclically Adjusted PB Ratio has ranged from 1.49 to 4.20. According to the industry distribution chart, Flughafen Zuerich AG ranks #589 out of 738 companies in the Transportation industry, placing it in the top 79.8%.
Is Flughafen Zuerich AG's Cyclically Adjusted PB Ratio too high?
Flughafen Zuerich AG's current Cyclically Adjusted PB Ratio of 2.55 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 4.20. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Flughafen Zuerich AG's value of 2.55 is 105.6% above this industry median. Based on the distribution chart, Flughafen Zuerich AG ranks #589 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flughafen Zuerich AG has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flughafen Zuerich AG's Cyclically Adjusted PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Flughafen Zuerich AG ranks #589 out of 738 companies for Cyclically Adjusted PB Ratio. This places Flughafen Zuerich AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Flughafen Zuerich AG's value of 2.55 is 105.6% above this benchmark. Historically, Flughafen Zuerich AG's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 4.20 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.24, Flughafen Zuerich AG 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. Flughafen Zuerich AG's current Cyclically Adjusted PB Ratio of 2.55 is 105.6% 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 Flughafen Zuerich AG 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. Flughafen Zuerich AG's current Cyclically Adjusted PB Ratio is 2.55, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flughafen Zuerich AG stock overvalued right now?
Based on GuruFocus' analysis, Flughafen Zuerich AG (UZAPF) is currently considered Fairly Valued. The stock's GF Value™ is $279.02, compared to a current price of $285.50 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.55, which is near median its 10-year median of 2.50 and 105.6% above the Transportation industry median of 1.24. Flughafen Zuerich AG's overall GF Score™ is 89/100 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 Flughafen Zuerich AG (UZAPF), the current Cyclically Adjusted PB Ratio is 2.55 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 Flughafen Zuerich AG (UZAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Flughafen Zuerich AG stock appears to be overvalued. The current stock price of $285.50 is trading 2.3% above its estimated GF Value™ of $279.02. GuruFocus considers Flughafen Zuerich AG to be Fairly Valued.

Key valuation signals for UZAPF:

  • Cyclically Adjusted PB Ratio: 2.55 (near median its 10-year median of 2.50)
  • GF Value™: $279.02 vs. price of $285.50 (2.3% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 105.6% above the Transportation median (#589 of 738)

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


Flughafen Zuerich AG Business Description

Address Zurich Airport Ltd, P.O. Box, Zurich, CHE, CH-8058
Flughafen Zurich owns and operates Zurich Airport, Switzerland's main international hub, as well as select overseas airport concessions, including Noida International Airport in the Delhi Metropolitan Area. Zurich Airport operates under a hybrid-till regime, whereby 30% of the economic added value from commercial activities must be used as a transfer payment to subsidize the costs of the regulated business. The Swiss business is split into regulated aviation activities (airport charges, security, and passenger-related fees) and nonregulated commercial activities (retail, F&B, parking advertising, rental agreements, and energy services). In 2024, nonregulated businesses contributed 55% of the group's operating profit, despite generating only 40% of the group's total sales.
89GF Score

Get the complete analysis for UZAPF

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

$285.50
Price
$279.02
GF Value