Aeroports de Paris (WBO:ADPA) Cyclically Adjusted PS Ratio: 2.35 (As of Jul. 10, 2026) — 33% Below Median


WBO:ADPA Aeroports de Paris SA WBO:ADPA
74 GF Score
Price €110.90
GF Value €135.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aeroports de Paris Cyclically Adjusted PS Ratio?

Aeroports de Paris WBO:ADPA +1.84% 74 Cyclically Adjusted PS Ratio is 2.35 as of Jul. 10, 2026, which is 33% below its 10-year median of 3.52. GuruFocus rates WBO:ADPA with a GF Score™ of 74/100 and a GF Value™ of €135.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 751 Transportation companies, Aeroports de Paris ranks worse than 77.9% on this metric.

As of today (2026-07-10), Aeroports de Paris's current share price is €110.90. Aeroports de Paris's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €47.23. Aeroports de Paris's Cyclically Adjusted PS Ratio for today is 2.35.

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

WBO:ADPA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.52   Max: 6.88
Current: 2.44

During the past 13 years, Aeroports de Paris's highest Cyclically Adjusted PS Ratio was 6.88. The lowest was 2.13. And the median was 3.52.

WBO:ADPA's Cyclically Adjusted PS Ratio is ranked worse than
77.9% of 751 companies
in the Transportation industry
Industry Median: 0.91 vs WBO:ADPA: 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.

Aeroports de Paris's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €67.891. 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 €47.23 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aeroports de Paris  (WBO:ADPA) 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.


Aeroports de Paris Cyclically Adjusted PS Ratio Related Terms


Aeroports de Paris Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aeroports de Paris'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.

Aeroports de Paris Cyclically Adjusted PS Ratio Chart

Aeroports de Paris 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 3.40 3.39 2.89 2.54 2.34

Aeroports de Paris Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.89 0.00 2.54 0.00 2.34

WBO:ADPA vs JOBY: Cyclically Adjusted PS Ratio Comparison

For the Airports & Air Services subindustry, Aeroports de Paris'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.


Aeroports de Paris Cyclically Adjusted PS Ratio vs Transportation Industry

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

* The bar in red indicates where Aeroports de Paris's Cyclically Adjusted PS Ratio falls into.


WBO:ADPA
74GF Score
Aeroports de Paris SA WBO:ADPA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeroports de Paris 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.

Aeroports de Paris's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.90/47.23
=2.35

* 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.

Aeroports de Paris's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Aeroports de Paris's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=67.891/120.9000*120.9000
=67.891

Current CPI (Dec25) = 120.9000.

Aeroports de Paris Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 29.788 100.650 35.781
201712 36.552 101.850 43.389
201812 40.492 103.470 47.313
201912 47.496 104.980 54.699
202012 21.598 104.960 24.878
202112 28.066 107.850 31.462
202212 47.389 114.160 50.187
202312 55.697 118.390 56.878
202412 62.378 119.950 62.872
202512 67.891 120.900 67.891

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 2.35 mean?
Aeroports de Paris (WBO:ADPA) has a Cyclically Adjusted PS Ratio of 2.35 as of Jul. 10, 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 Aeroports de Paris and its competitors. This is 33% below median its historical median of 3.52. Over the past decade, Aeroports de Paris' Cyclically Adjusted PS Ratio has ranged from 2.13 to 6.88. According to the industry distribution chart, Aeroports de Paris ranks #585 out of 751 companies in the Transportation industry, placing it in the top 77.9%.
Is Aeroports de Paris' Cyclically Adjusted PS Ratio too high?
Aeroports de Paris' current Cyclically Adjusted PS Ratio of 2.35 is 33% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 6.88. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Aeroports de Paris' value of 2.35 is 158.2% above this industry median. Based on the distribution chart, Aeroports de Paris ranks #585 out of 751 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aeroports de Paris has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aeroports de Paris' Cyclically Adjusted PS Ratio compare to JOBY?
According to the Transportation industry distribution chart, Aeroports de Paris ranks #585 out of 751 companies for Cyclically Adjusted PS Ratio. This places Aeroports de Paris in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Aeroports de Paris' value of 2.35 is 158.2% above this benchmark. Historically, Aeroports de Paris' own Cyclically Adjusted PS Ratio has ranged from 2.13 to 6.88 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 0.91, Aeroports de Paris 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 0.91, 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. Aeroports de Paris's current Cyclically Adjusted PS Ratio of 2.35 is 158.2% 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 Aeroports de Paris 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. Aeroports de Paris's current Cyclically Adjusted PS Ratio is 2.35, which is 33% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroports de Paris stock overvalued right now?
Based on GuruFocus' analysis, Aeroports de Paris (WBO:ADPA) is currently considered Modestly Undervalued. The stock's GF Value™ is €135.80, compared to a current price of €110.90 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is 33% below median its 10-year median of 3.52 and 158.2% above the Transportation industry median of 0.91. Aeroports de Paris' overall GF Score™ is 74/100 with 5 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 Aeroports de Paris (WBO:ADPA), the current Cyclically Adjusted PS Ratio is 2.35 as of Jul. 10, 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 Aeroports de Paris (WBO:ADPA) Overvalued in 2026?

Based on GuruFocus' analysis, Aeroports de Paris stock appears to be undervalued. The current stock price of €110.90 is trading 18.3% below its estimated GF Value™ of €135.80. GuruFocus considers Aeroports de Paris to be Modestly Undervalued.

Key valuation signals for WBO:ADPA:

  • Cyclically Adjusted PS Ratio: 2.35 (33% below median its 10-year median of 3.52)
  • GF Value™: €135.80 vs. price of €110.90 (18.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 158.2% above the Transportation median (#585 of 751)

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


Aeroports de Paris Business Description

Address 1 rue de France, Tremblay en France, Paris, FRA, 93290
Aeroports de Paris owns and operates Paris' commercial airports, Charles de Gaulle, Orly, and Paris-Le Bourget, and has equity holdings in TAV Airports and GMR Airports. The Parisian airports operate under a hybrid-till regime, but there is no cross-subsidy, which leaves their commercial businesses largely unregulated. The Parisian business is split between regulated aviation activities, retail and services businesses, and real estate activities. In 2025, retail and services contributed 56% of the group's operating profit, despite generating only 32% of the group's sales. It has a relatively high contribution from its international segment among our European airport coverage, with 28% of group EBITDA deriving from overseas operations in 2025.
74GF Score

Get the complete analysis for WBO:ADPA

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

€110.90
Price
€135.80
GF Value