Fraport AG (XSWX:FRA) Cyclically Adjusted PB Ratio: 1.38 (As of Jul. 11, 2026) — Near Median


XSWX:FRA Fraport AG XSWX:FRA
80 GF Score
Price CHF65.65
GF Value CHF53.49
! 6 Warning Signs
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What is Fraport AG Cyclically Adjusted PB Ratio?

Fraport AG XSWX:FRA -2.96% 80 Cyclically Adjusted PB Ratio is 1.38 as of Jul. 11, 2026, which is 4% above its 10-year median of 1.33. GuruFocus rates XSWX:FRA with a GF Score™ of 80/100 and a GF Value™ of CHF53.49. The stock has 6 warning signs investors should review. Among 738 Transportation companies, Fraport AG ranks worse than 57.32% on this metric.

As of today (2026-07-11), Fraport AG's current share price is CHF65.65. Fraport AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF47.69. Fraport AG's Cyclically Adjusted PB Ratio for today is 1.38.

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

XSWX:FRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.33   Max: 2.81
Current: 1.46

During the past years, Fraport AG's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.79. And the median was 1.33.

XSWX:FRA's Cyclically Adjusted PB Ratio is ranked worse than
57.32% of 738 companies
in the Transportation industry
Industry Median: 1.25 vs XSWX:FRA: 1.46

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.

Fraport AG's adjusted book value per share data for the three months ended in Mar. 2026 was CHF51.192. 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 CHF47.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraport AG  (XSWX:FRA) 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.


Fraport AG Cyclically Adjusted PB Ratio Related Terms


Fraport AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fraport 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.

Fraport AG Cyclically Adjusted PB Ratio Chart

Fraport 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 1.43 0.84 1.16 1.19 1.37

Fraport AG 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 1.16 1.28 1.45 1.37 1.43

XSWX:FRA vs JOBY: Cyclically Adjusted PB Ratio Comparison

For the Airports & Air Services subindustry, Fraport 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.


Fraport AG Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


XSWX:FRA
80GF Score
Fraport AG XSWX:FRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fraport 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.65/47.69
=1.38

* 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.

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

For example, Fraport AG'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)
=51.192/131.2583*131.2583
=51.192

Current CPI (Mar. 2026) = 131.2583.

Fraport AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.259 100.717 52.467
201609 41.920 101.017 54.470
201612 43.548 101.217 56.473
201703 43.672 101.417 56.522
201706 43.494 102.117 55.906
201709 47.976 102.717 61.307
201712 48.902 102.617 62.551
201803 49.087 102.917 62.604
201806 48.124 104.017 60.727
201809 49.459 104.718 61.994
201812 51.057 104.217 64.305
201903 51.650 104.217 65.051
201906 50.367 105.718 62.535
201909 51.926 106.018 64.288
201912 52.504 105.818 65.127
202003 49.773 105.718 61.798
202006 47.947 106.618 59.028
202009 44.182 105.818 54.804
202012 42.332 105.518 52.659
202103 42.636 107.518 52.050
202106 43.286 108.486 52.372
202109 44.072 109.435 52.861
202112 42.274 110.384 50.269
202203 40.881 113.968 47.083
202206 41.689 115.760 47.270
202209 40.302 118.818 44.522
202212 41.758 119.345 45.926
202303 41.682 122.402 44.698
202306 42.269 123.140 45.056
202309 44.476 124.195 47.006
202312 44.083 123.773 46.749
202403 45.604 125.038 47.873
202406 46.717 125.882 48.712
202409 47.441 126.198 49.343
202412 48.793 127.041 50.413
202503 49.415 127.779 50.760
202506 49.004 128.412 50.090
202509 51.956 129.255 52.761
202512 52.285 129.361 53.052
202603 51.192 131.258 51.192

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 1.38 mean?
Fraport AG (XSWX:FRA) has a Cyclically Adjusted PB Ratio of 1.38 as of Jul. 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 Fraport AG and its competitors. This is near median its historical median of 1.33. Over the past decade, Fraport AG's Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.81. According to the industry distribution chart, Fraport AG ranks #423 out of 738 companies in the Transportation industry, placing it in the top 57.3%.
Is Fraport AG's Cyclically Adjusted PB Ratio too high?
Fraport AG's current Cyclically Adjusted PB Ratio of 1.38 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.81. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Fraport AG's value of 1.38 is 10.4% above this industry median. Based on the distribution chart, Fraport AG ranks #423 out of 738 companies in the Transportation industry, which is below the industry midpoint. Overall, Fraport AG has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Fraport AG's Cyclically Adjusted PB Ratio compare to JOBY?
According to the Transportation industry distribution chart, Fraport AG ranks #423 out of 738 companies for Cyclically Adjusted PB Ratio. This places Fraport AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Fraport AG's value of 1.38 is 10.4% above this benchmark. Historically, Fraport AG's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.81 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.25, Fraport 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 1.25, 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. Fraport AG's current Cyclically Adjusted PB Ratio of 1.38 is 10.4% 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 Fraport AG and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraport AG's current Cyclically Adjusted PB Ratio is 1.38, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraport AG stock overvalued right now?
Fraport AG (XSWX:FRA) has a current Cyclically Adjusted PB Ratio of 1.38. The stock's GF Value™ is CHF53.49, compared to a current price of CHF65.65 — trading 22.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.38, which is near median its 10-year median of 1.33 and 10.4% above the Transportation industry median of 1.25. Fraport AG's overall GF Score™ is 80/100 with 6 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 Fraport AG (XSWX:FRA), the current Cyclically Adjusted PB Ratio is 1.38 as of Jul. 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 Fraport AG (XSWX:FRA) Overvalued in 2026?

Based on GuruFocus' analysis, Fraport AG stock appears to be overvalued. The current stock price of CHF65.65 is trading 22.7% above its estimated GF Value™ of CHF53.49.

Key valuation signals for XSWX:FRA:

  • Cyclically Adjusted PB Ratio: 1.38 (near median its 10-year median of 1.33)
  • GF Value™: CHF53.49 vs. price of CHF65.65 (22.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 10.4% above the Transportation median (#423 of 738)

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


Fraport AG Business Description

Address Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport owns and operates Frankfurt Airport, a European cargo and transfer hub, and international concessions including Lima Airport, Antalya Airport, and a network of 14 Greek airports. Frankfurt Airport operates under a dual-till model, leaving its commercial activities completely unregulated. The German business is split between regulated aviation activities, retail & real estate activities, and ground handling services. In 2025, retail & real estate contributed 33% of the group's operating profit, despite generating only 13% of the sales. Lufthansa accounted for 65% of Frankfurt Airport's total seat capacity in 2025. It has the highest contribution from its international segment among our European airport coverage, with 42% of EBITDA deriving from overseas operations in 2025.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF65.65
Price
CHF53.49
GF Value