FNNNF (Finnair Oyj) Cyclically Adjusted PS Ratio: 0.11 (As of Jul. 12, 2026) — 35% Below Median


FNNNF Finnair Oyj FNNNF
68 GF Score
Price $5.73
GF Value $3.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Finnair Oyj Cyclically Adjusted PS Ratio?

Finnair Oyj FNNNF +17.32% 68 Cyclically Adjusted PS Ratio is 0.11 as of Jul. 12, 2026, which is 35% below its 10-year median of 0.17. GuruFocus rates FNNNF with a GF Score™ of 68/100 and a GF Value™ of $3.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 751 Transportation companies, Finnair Oyj ranks better than 92.81% on this metric.

As of today (2026-07-12), Finnair Oyj's current share price is $5.725. Finnair Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $52.66. Finnair Oyj's Cyclically Adjusted PS Ratio for today is 0.11.

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

FNNNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.17   Max: 0.72
Current: 0.12

During the past years, Finnair Oyj's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.04. And the median was 0.17.

FNNNF's Cyclically Adjusted PS Ratio is ranked better than
92.81% of 751 companies
in the Transportation industry
Industry Median: 0.91 vs FNNNF: 0.12

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.

Finnair Oyj's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.911. 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 $52.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finnair Oyj  (OTCPK:FNNNF) 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.


Finnair Oyj Cyclically Adjusted PS Ratio Related Terms


Finnair Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Finnair Oyj'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.

Finnair Oyj Cyclically Adjusted PS Ratio Chart

Finnair Oyj 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 0.18 0.11 0.07 0.04 0.07

Finnair Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.07 0.06 0.06 0.07 0.06

FNNNF vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Finnair Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Finnair Oyj's Cyclically Adjusted PS Ratio falls into.


FNNNF
68GF Score
Finnair Oyj FNNNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Finnair Oyj 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.

Finnair Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.725/52.66
=0.11

* 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.

Finnair Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Finnair Oyj's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.911/124.6700*124.6700
=3.911

Current CPI (Mar. 2026) = 124.6700.

Finnair Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.540 100.390 19.298
201609 16.753 100.540 20.774
201612 14.593 101.020 18.009
201703 14.354 100.910 17.734
201706 16.467 101.140 20.298
201709 20.554 101.320 25.291
201712 23.315 101.510 28.634
201803 19.102 101.730 23.409
201806 25.100 102.320 30.583
201809 21.560 102.600 26.198
201812 18.480 102.710 22.431
201903 19.851 102.870 24.058
201906 19.190 103.360 23.146
201909 23.091 103.540 27.803
201912 20.869 103.650 25.101
202003 15.330 103.490 18.467
202006 1.884 103.320 2.273
202009 1.448 103.710 1.741
202012 1.480 103.890 1.776
202103 1.718 104.870 2.042
202106 1.694 105.360 2.004
202109 2.737 106.290 3.210
202112 5.075 107.490 5.886
202203 5.210 110.950 5.854
202206 6.988 113.570 7.671
202209 9.640 114.920 10.458
202212 6.830 117.320 7.258
202303 8.874 119.750 9.239
202306 8.902 120.690 9.196
202309 8.474 121.280 8.711
202312 5.416 121.540 5.555
202403 3.716 122.360 3.786
202406 4.146 122.230 4.229
202409 4.430 122.260 4.517
202412 3.904 122.390 3.977
202503 3.693 123.010 3.743
202506 4.361 122.530 4.437
202509 4.819 122.880 4.889
202512 4.587 122.670 4.662
202603 3.911 124.670 3.911

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 0.11 mean?
Finnair Oyj (FNNNF) has a Cyclically Adjusted PS Ratio of 0.11 as of Jul. 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 Finnair Oyj and its competitors. This is 35% below median its historical median of 0.17. Over the past decade, Finnair Oyj's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.72. According to the industry distribution chart, Finnair Oyj ranks #54 out of 751 companies in the Transportation industry, placing it in the top 7.2%.
Is Finnair Oyj's Cyclically Adjusted PS Ratio too high?
Finnair Oyj's current Cyclically Adjusted PS Ratio of 0.11 is 35% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.72. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Finnair Oyj's value of 0.11 is 87.9% below this industry median. Based on the distribution chart, Finnair Oyj ranks #54 out of 751 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Finnair Oyj has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Finnair Oyj ranks #54 out of 751 companies for Cyclically Adjusted PS Ratio. This places Finnair Oyj in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Finnair Oyj's value of 0.11 is 87.9% below this benchmark. Historically, Finnair Oyj's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.72 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.91, Finnair Oyj has consistently been below 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 751 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. Finnair Oyj's current Cyclically Adjusted PS Ratio of 0.11 is 87.9% below 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 Finnair Oyj and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finnair Oyj's current Cyclically Adjusted PS Ratio is 0.11, which is 35% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Based on GuruFocus' analysis, Finnair Oyj (FNNNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.08, compared to a current price of $5.73 — trading 85.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 35% below median its 10-year median of 0.17 and 87.9% below the Transportation industry median of 0.91. Finnair Oyj's overall GF Score™ is 68/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Finnair Oyj (FNNNF), the current Cyclically Adjusted PS Ratio is 0.11 as of Jul. 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 Finnair Oyj (FNNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued. The current stock price of $5.73 is trading 85.9% above its estimated GF Value™ of $3.08. GuruFocus considers Finnair Oyj to be Significantly Overvalued.

Key valuation signals for FNNNF:

  • Cyclically Adjusted PS Ratio: 0.11 (35% below median its 10-year median of 0.17)
  • GF Value™: $3.08 vs. price of $5.73 (85.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 87.9% below the Transportation median (#54 of 751)

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


Finnair Oyj Business Description

Address Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
68GF Score

Get the complete analysis for FNNNF

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

$5.73
Price
$3.08
GF Value