AER (AerCap Holdings NV) Cyclically Adjusted PS Ratio: 3.61 (As of Aug. 12, 2026) — 37% Above Median

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AER AerCap Holdings NV AER
77 GF Score
Price $150.58
GF Value $142.97
Valuation Fairly Valued
! 6 Warning Signs
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What is AerCap Holdings NV Cyclically Adjusted PS Ratio?

AerCap Holdings NV AER +0.85% 77 Cyclically Adjusted PS Ratio is 3.61 as of Aug. 12, 2026, which is 37% above its 10-year median of 2.63. GuruFocus rates AER with a GF Score™ of 77/100 and a GF Value™ of $142.97 (Fairly Valued). The stock has 6 warning signs investors should review. Among 718 Business Services companies, AerCap Holdings NV ranks worse than 85.38% on this metric.

As of today (2026-08-12), AerCap Holdings NV's current share price is $150.58. AerCap Holdings NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $41.69. AerCap Holdings NV's Cyclically Adjusted PS Ratio for today is 3.61.

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

AER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.63   Max: 3.81
Current: 3.58

During the past years, AerCap Holdings NV's highest Cyclically Adjusted PS Ratio was 3.81. The lowest was 0.88. And the median was 2.63.

AER's Cyclically Adjusted PS Ratio is ranked worse than
85.38% of 718 companies
in the Business Services industry
Industry Median: 0.87 vs AER: 3.58

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

AerCap Holdings NV's adjusted revenue per share data for the three months ended in Jun. 2026 was $13.720. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $41.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AerCap Holdings NV  (NYSE:AER) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


AerCap Holdings NV Cyclically Adjusted PS Ratio Related Terms


AerCap Holdings NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AerCap Holdings NV's Cyclically Adjusted PS 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 PS Ratio Chart

AerCap Holdings NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 1.88 2.14 2.58 3.62

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 PS 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 3.05 3.11 3.62 3.36 3.50

AER vs SUNB, UHAL, R: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, AerCap Holdings NV's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Business Services Industry

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

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


AER
77GF Score
AerCap Holdings NV AER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AerCap Holdings NV Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=150.58/41.69
=3.61

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.72/128.6700*128.6700
=13.720

Current CPI (Jun. 2026) = 128.6700.

AerCap Holdings NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.616 100.274 8.490
201612 7.474 99.676 9.648
201703 7.031 100.374 9.013
201706 7.466 100.673 9.542
201709 7.748 100.474 9.922
201712 7.912 100.075 10.173
201803 7.909 100.573 10.119
201806 7.992 101.072 10.174
201809 7.929 101.371 10.064
201812 8.462 100.773 10.805
201903 8.631 101.670 10.923
201906 9.347 102.168 11.772
201909 8.899 102.268 11.196
201912 9.478 102.068 11.948
202003 9.573 102.367 12.033
202006 9.344 101.769 11.814
202009 8.046 101.072 10.243
202012 8.081 101.072 10.288
202103 8.459 102.367 10.632
202106 8.002 103.364 9.961
202109 7.822 104.859 9.598
202112 6.958 106.653 8.394
202203 7.469 109.245 8.797
202206 6.734 112.779 7.683
202209 6.992 113.504 7.926
202212 7.871 115.436 8.773
202303 7.724 117.609 8.450
202306 8.264 119.662 8.886
202309 8.319 120.749 8.865
202312 9.209 120.749 9.813
202403 10.086 120.990 10.726
202406 9.946 122.318 10.462
202409 10.152 121.594 10.743
202412 10.963 122.439 11.521
202503 11.251 123.405 11.731
202506 10.627 124.492 10.984
202509 13.263 124.810 13.673
202512 13.367 125.770 13.675
202603 13.595 127.830 13.684
202606 13.720 128.670 13.720

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.61 mean?
AerCap Holdings NV (AER) has a Cyclically Adjusted PS Ratio of 3.61 as of Aug. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on AerCap Holdings NV and its competitors. This is 37% above median its historical median of 2.63. Over the past decade, AerCap Holdings NV's Cyclically Adjusted PS Ratio has ranged from 0.88 to 3.81. According to the industry distribution chart, AerCap Holdings NV ranks #613 out of 718 companies in the Business Services industry, placing it in the top 85.4%.
Is AerCap Holdings NV's Cyclically Adjusted PS Ratio too high?
AerCap Holdings NV's current Cyclically Adjusted PS Ratio of 3.61 is 37% above median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.81. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. AerCap Holdings NV's value of 3.61 is 314.9% above this industry median. Based on the distribution chart, AerCap Holdings NV ranks #613 out of 718 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, AerCap Holdings NV has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AerCap Holdings NV's Cyclically Adjusted PS Ratio compare to SUNB and UHAL?
According to the Business Services industry distribution chart, AerCap Holdings NV ranks #613 out of 718 companies for Cyclically Adjusted PS Ratio. This places AerCap Holdings NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. AerCap Holdings NV's value of 3.61 is 314.9% above this benchmark. Historically, AerCap Holdings NV's own Cyclically Adjusted PS Ratio has ranged from 0.88 to 3.81 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 0.87, 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 PS Ratio for a Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 3.61 is 314.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AerCap Holdings NV's current Cyclically Adjusted PS Ratio is 3.61, which is 37% above median its own 10-year median of 2.63. 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 (AER) is currently considered Fairly Valued. The stock's GF Value™ is $142.97, compared to a current price of $150.58 — trading 5.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.61, which is 37% above median its 10-year median of 2.63 and 314.9% above the Business Services industry median of 0.87. AerCap Holdings NV's overall GF Score™ is 77/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For AerCap Holdings NV (AER), the current Cyclically Adjusted PS Ratio is 3.61 as of Aug. 12, 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 (AER) Overvalued in 2026?

Based on GuruFocus' analysis, AerCap Holdings NV stock appears to be overvalued. The current stock price of $150.58 is trading 5.3% above its estimated GF Value™ of $142.97. GuruFocus considers AerCap Holdings NV to be Fairly Valued.

Key valuation signals for AER:

  • Cyclically Adjusted PS Ratio: 3.61 (37% above median its 10-year median of 2.63)
  • GF Value™: $142.97 vs. price of $150.58 (5.3% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 314.9% above the Business Services median (#613 of 718)

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


AerCap Holdings NV Business Description

Other Exchanges AERN:MexicoR1D:Germany
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.
77GF Score

Get the complete analysis for AER

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

$150.58
Price
$142.97
GF Value