Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Cyclically Adjusted PS Ratio: 2.49 (As of Jul. 16, 2026) — 12% Above Median

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MIL:ADB Aeroporto Guglielmo Marconi di Bologna SpA MIL:ADB
73 GF Score
Price €10.25
GF Value €9.67
Valuation Fairly Valued
! 4 Warning Signs
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What is Aeroporto Guglielmo Marconi di Bologna SpA Cyclically Adjusted PS Ratio?

Aeroporto Guglielmo Marconi di Bologna SpA MIL:ADB +0.99% 73 Cyclically Adjusted PS Ratio is 2.49 as of Jul. 16, 2026, which is 12% above its 10-year median of 2.23. GuruFocus rates MIL:ADB with a GF Score™ of 73/100 and a GF Value™ of €9.67 (Fairly Valued). The stock has 4 warning signs investors should review. Among 757 Transportation companies, Aeroporto Guglielmo Marconi di Bologna SpA ranks worse than 77.94% on this metric.

As of today (2026-07-16), Aeroporto Guglielmo Marconi di Bologna SpA's current share price is €10.25. Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.11. Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio for today is 2.49.

The historical rank and industry rank for Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:ADB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.23   Max: 2.99
Current: 2.44

During the past years, Aeroporto Guglielmo Marconi di Bologna SpA's highest Cyclically Adjusted PS Ratio was 2.99. The lowest was 2.01. And the median was 2.23.

MIL:ADB's Cyclically Adjusted PS Ratio is ranked worse than
77.94% of 757 companies
in the Transportation industry
Industry Median: 0.9 vs MIL:ADB: 2.44

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.

Aeroporto Guglielmo Marconi di Bologna SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.325. 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 €4.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeroporto Guglielmo Marconi di Bologna SpA  (MIL:ADB) 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.


Aeroporto Guglielmo Marconi di Bologna SpA Cyclically Adjusted PS Ratio Related Terms


Aeroporto Guglielmo Marconi di Bologna SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aeroporto Guglielmo Marconi di Bologna SpA'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.

Aeroporto Guglielmo Marconi di Bologna SpA Cyclically Adjusted PS Ratio Chart

Aeroporto Guglielmo Marconi di Bologna SpA 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 0.00 0.00 0.00 2.00 2.52

Aeroporto Guglielmo Marconi di Bologna SpA 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 2.13 2.19 2.28 2.52 2.20

MIL:ADB vs JOBY, CAAP: Cyclically Adjusted PS Ratio Comparison

For the Airports & Air Services subindustry, Aeroporto Guglielmo Marconi di Bologna SpA'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.


Aeroporto Guglielmo Marconi di Bologna SpA Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio falls into.


MIL:ADB
73GF Score
Aeroporto Guglielmo Marconi di Bologna SpA MIL:ADB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeroporto Guglielmo Marconi di Bologna SpA 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.25/4.11
=2.49

* 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aeroporto Guglielmo Marconi di Bologna SpA'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)
=1.325/124.5600*124.5600
=1.325

Current CPI (Mar. 2026) = 124.5600.

Aeroporto Guglielmo Marconi di Bologna SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.859 99.900 1.071
201609 0.900 100.100 1.120
201612 0.749 100.300 0.930
201703 0.558 101.000 0.688
201706 0.694 101.100 0.855
201709 0.782 101.200 0.963
201712 0.710 101.200 0.874
201803 0.621 101.800 0.760
201806 1.070 102.400 1.302
201809 0.612 102.600 0.743
201812 0.856 102.300 1.042
201903 0.761 102.800 0.922
201906 1.215 103.100 1.468
201909 1.179 102.900 1.427
201912 0.304 102.800 0.368
202003 0.576 102.900 0.697
202006 0.351 102.900 0.425
202009 0.726 102.300 0.884
202012 0.402 102.600 0.488
202103 0.208 103.700 0.250
202106 0.284 104.200 0.339
202109 0.571 104.900 0.678
202112 0.949 106.600 1.109
202203 1.046 110.400 1.180
202206 0.566 112.500 0.627
202209 1.222 114.200 1.333
202212 1.026 119.000 1.074
202303 0.909 118.800 0.953
202306 1.289 119.700 1.341
202309 1.296 120.300 1.342
202312 1.265 119.700 1.316
202403 0.953 120.200 0.988
202406 1.473 120.700 1.520
202409 1.401 121.200 1.440
202412 1.418 121.200 1.457
202503 1.133 122.500 1.152
202506 1.546 122.700 1.569
202509 1.479 123.100 1.497
202512 1.511 122.600 1.535
202603 1.325 124.560 1.325

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 2.49 mean?
Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) has a Cyclically Adjusted PS Ratio of 2.49 as of Jul. 16, 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 Aeroporto Guglielmo Marconi di Bologna SpA and its competitors. This is 12% above median its historical median of 2.23. Over the past decade, Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.99. According to the industry distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #590 out of 757 companies in the Transportation industry, placing it in the top 77.9%.
Is Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio too high?
Aeroporto Guglielmo Marconi di Bologna SpA's current Cyclically Adjusted PS Ratio of 2.49 is 12% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.99. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. Aeroporto Guglielmo Marconi di Bologna SpA's value of 2.49 is 176.7% above this industry median. Based on the distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #590 out of 757 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aeroporto Guglielmo Marconi di Bologna SpA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aeroporto Guglielmo Marconi di Bologna SpA's Cyclically Adjusted PS Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #590 out of 757 companies for Cyclically Adjusted PS Ratio. This places Aeroporto Guglielmo Marconi di Bologna SpA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Aeroporto Guglielmo Marconi di Bologna SpA's value of 2.49 is 176.7% above this benchmark. Historically, Aeroporto Guglielmo Marconi di Bologna SpA's own Cyclically Adjusted PS Ratio has ranged from 2.01 to 2.99 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 0.90, Aeroporto Guglielmo Marconi di Bologna SpA 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.90, based on 757 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. Aeroporto Guglielmo Marconi di Bologna SpA's current Cyclically Adjusted PS Ratio of 2.49 is 176.7% 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 Aeroporto Guglielmo Marconi di Bologna SpA and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroporto Guglielmo Marconi di Bologna SpA's current Cyclically Adjusted PS Ratio is 2.49, which is 12% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroporto Guglielmo Marconi di Bologna SpA stock overvalued right now?
Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) is currently considered Fairly Valued. The stock's GF Value™ is €9.67, compared to a current price of €10.25 — trading 6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.49, which is 12% above median its 10-year median of 2.23 and 176.7% above the Transportation industry median of 0.90. Aeroporto Guglielmo Marconi di Bologna SpA's overall GF Score™ is 73/100 with 4 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 Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB), the current Cyclically Adjusted PS Ratio is 2.49 as of Jul. 16, 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 Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Overvalued in 2026?

Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA stock appears to be overvalued. The current stock price of €10.25 is trading 6% above its estimated GF Value™ of €9.67. GuruFocus considers Aeroporto Guglielmo Marconi di Bologna SpA to be Fairly Valued.

Key valuation signals for MIL:ADB:

  • Cyclically Adjusted PS Ratio: 2.49 (12% above median its 10-year median of 2.23)
  • GF Value™: €9.67 vs. price of €10.25 (6% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 176.7% above the Transportation median (#590 of 757)

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


Aeroporto Guglielmo Marconi di Bologna SpA Business Description

Other Exchanges 0R9D:UK169:Germany
Address Via Triumvirato 84, Bologna, ITA, 40132
Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Passenger Revenue, Traffic Incentives and Construction Services.
73GF Score

Get the complete analysis for MIL:ADB

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

€10.25
Price
€9.67
GF Value