VIAAY (Flughafen Wien AG) Cyclically Adjusted PB Ratio: 2.76 (As of Sep. 11, 2026) — Near Median

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VIAAY Flughafen Wien AG VIAAY
93 GF Score
Price $12.97
GF Value $14.48
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Flughafen Wien AG Cyclically Adjusted PB Ratio?

Flughafen Wien AG VIAAY 93 Cyclically Adjusted PB Ratio is 2.76 as of Sep. 11, 2026, which is 3% below its 10-year median of 2.84. GuruFocus rates VIAAY with a GF Score™ of 93/100 and a GF Value™ of $14.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 699 Transportation companies, Flughafen Wien AG ranks worse than 80.97% on this metric.

As of today (2026-09-11), Flughafen Wien AG's current share price is $12.97. Flughafen Wien AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.70. Flughafen Wien AG's Cyclically Adjusted PB Ratio for today is 2.76.

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

VIAAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.84   Max: 3.23
Current: 2.85

During the past years, Flughafen Wien AG's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.56. And the median was 2.84.

VIAAY's Cyclically Adjusted PB Ratio is ranked worse than
80.97% of 699 companies
in the Transportation industry
Industry Median: 1.27 vs VIAAY: 2.85

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 Wien AG's adjusted book value per share data for the three months ended in Jun. 2026 was $5.283. 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 $4.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flughafen Wien AG  (OTCPK:VIAAY) 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 Wien AG Cyclically Adjusted PB Ratio Related Terms


Flughafen Wien AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flughafen Wien 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 Wien AG Cyclically Adjusted PB Ratio Chart

Flughafen Wien 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 1.90 2.06 3.03 3.06 3.05

Flughafen Wien AG 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 2.98 2.89 3.05 2.73 2.71

VIAAY vs JOBY, CAAP: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Flughafen Wien 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 Wien AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


VIAAY
93GF Score
Flughafen Wien AG VIAAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flughafen Wien 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 Wien AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.97/4.70
=2.76

* 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 Wien AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Flughafen Wien AG'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)
=5.283/142.7100*142.7100
=5.283

Current CPI (Jun. 2026) = 142.7100.

Flughafen Wien AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.770 101.192 5.317
201612 3.330 102.092 4.655
201703 3.424 102.592 4.763
201706 3.553 102.991 4.923
201709 3.938 103.591 5.425
201712 3.953 104.291 5.409
201803 4.196 104.491 5.731
201806 3.941 105.091 5.352
201809 4.122 105.691 5.566
201812 4.066 106.291 5.459
201903 4.118 106.391 5.524
201906 4.033 106.791 5.389
201909 4.122 106.991 5.498
201912 4.223 108.091 5.576
202003 4.242 108.024 5.604
202006 4.213 107.915 5.571
202009 4.342 108.348 5.719
202012 4.365 109.321 5.698
202103 4.189 110.186 5.425
202106 4.218 110.943 5.426
202109 4.220 111.916 5.381
202112 4.075 113.971 5.103
202203 3.992 117.647 4.842
202206 3.970 120.567 4.699
202209 3.883 123.811 4.476
202212 4.179 125.541 4.751
202303 4.299 128.460 4.776
202306 4.296 130.191 4.709
202309 4.503 131.272 4.895
202312 4.624 132.570 4.978
202403 4.715 133.759 5.031
202406 4.517 134.083 4.808
202409 4.950 133.651 5.286
202412 4.752 135.273 5.013
202503 5.026 137.760 5.207
202506 5.110 138.517 5.265
202509 5.519 138.950 5.668
202512 5.480 140.350 5.572
202603 5.539 142.160 5.560
202606 5.283 142.710 5.283

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 2.76 mean?
Flughafen Wien AG (VIAAY) has a Cyclically Adjusted PB Ratio of 2.76 as of Sep. 11, 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 Wien AG and its competitors. This is near median its historical median of 2.84. Over the past decade, Flughafen Wien AG's Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.23. According to the industry distribution chart, Flughafen Wien AG ranks #566 out of 699 companies in the Transportation industry, placing it in the top 81%.
Is Flughafen Wien AG's Cyclically Adjusted PB Ratio too high?
Flughafen Wien AG's current Cyclically Adjusted PB Ratio of 2.76 is near median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 3.23. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Flughafen Wien AG's value of 2.76 is 117.3% above this industry median. Based on the distribution chart, Flughafen Wien AG ranks #566 out of 699 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flughafen Wien AG has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flughafen Wien AG's Cyclically Adjusted PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Flughafen Wien AG ranks #566 out of 699 companies for Cyclically Adjusted PB Ratio. This places Flughafen Wien AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Flughafen Wien AG's value of 2.76 is 117.3% above this benchmark. Historically, Flughafen Wien AG's own Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.23 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.27, Flughafen Wien 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 1.27, based on 699 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 Wien AG's current Cyclically Adjusted PB Ratio of 2.76 is 117.3% 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 Wien AG 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. Flughafen Wien AG's current Cyclically Adjusted PB Ratio is 2.76, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flughafen Wien AG stock overvalued right now?
Based on GuruFocus' analysis, Flughafen Wien AG (VIAAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.48, compared to a current price of $12.97 — trading 10.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.76, which is near median its 10-year median of 2.84 and 117.3% above the Transportation industry median of 1.27. Flughafen Wien AG's overall GF Score™ is 93/100 with 3 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 Flughafen Wien AG (VIAAY), the current Cyclically Adjusted PB Ratio is 2.76 as of Sep. 11, 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 Wien AG (VIAAY) Overvalued in 2026?

Based on GuruFocus' analysis, Flughafen Wien AG stock appears to be undervalued. The current stock price of $12.97 is trading 10.4% below its estimated GF Value™ of $14.48. GuruFocus considers Flughafen Wien AG to be Modestly Undervalued.

Key valuation signals for VIAAY:

  • Cyclically Adjusted PB Ratio: 2.76 (near median its 10-year median of 2.84)
  • GF Value™: $14.48 vs. price of $12.97 (10.4% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 117.3% above the Transportation median (#566 of 699)

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


Flughafen Wien AG Business Description

Other Exchanges FLW1:GermanyFLU:Austria
Address Vienna Airport, P.O. Box 1, Wien, AUT, A-1300
Flughafen Wien AG manages and operates an airport. The company's segment includes Airport; Handling and Security Services; Retail and Properties; Malta and others. It generates maximum revenue from the Airport segment which is responsible for the operation and maintenance of all movement areas of the terminal, all the facilities involved in passenger and baggage handling as well as the security controls for passengers and hand luggage at Vienna Airport. The tasks of acquiring new airline customers and increasing the number of destinations offered are also assigned to this segment.
93GF Score

Get the complete analysis for VIAAY

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

$12.97
Price
$14.48
GF Value