Airbus SE (XMAD:AIR) Cyclically Adjusted PS Ratio: 2.05 (As of Jul. 11, 2026) — 49% Above Median


XMAD:AIR Airbus SE XMAD:AIR
84 GF Score
Price €196.74
GF Value €174.20
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Airbus SE Cyclically Adjusted PS Ratio?

Airbus SE XMAD:AIR +0.42% 84 Cyclically Adjusted PS Ratio is 2.05 as of Jul. 11, 2026, which is 49% above its 10-year median of 1.38. GuruFocus rates XMAD:AIR with a GF Score™ of 84/100 and a GF Value™ of €174.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 224 Aerospace & Defense companies, Airbus SE ranks better than 62.5% on this metric.

As of today (2026-07-11), Airbus SE's current share price is €196.74. Airbus SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €95.90. Airbus SE's Cyclically Adjusted PS Ratio for today is 2.05.

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

XMAD:AIR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.38   Max: 2.28
Current: 2.06

During the past years, Airbus SE's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.61. And the median was 1.38.

XMAD:AIR's Cyclically Adjusted PS Ratio is ranked better than
62.5% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.15 vs XMAD:AIR: 2.06

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.

Airbus SE's adjusted revenue per share data for the three months ended in Mar. 2026 was €16.042. 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 €95.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airbus SE  (XMAD:AIR) 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.


Airbus SE Cyclically Adjusted PS Ratio Related Terms


Airbus SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Airbus SE'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.

Airbus SE Cyclically Adjusted PS Ratio Chart

Airbus SE 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 1.32 1.21 1.52 1.64 2.08

Airbus SE 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 1.71 1.87 2.06 2.08 1.68

XMAD:AIR vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Airbus SE'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.


Airbus SE Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Airbus SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XMAD:AIR
84GF Score
Airbus SE XMAD:AIR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Airbus SE 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.

Airbus SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=196.74/95.90
=2.05

* 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.

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

For example, Airbus SE'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)
=16.042/136.9100*136.9100
=16.042

Current CPI (Mar. 2026) = 136.9100.

Airbus SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.293 100.260 29.077
201609 16.740 100.570 22.789
201612 30.693 100.710 41.726
201703 14.704 101.440 19.845
201706 17.720 101.370 23.933
201709 16.719 102.030 22.435
201712 26.945 101.970 36.178
201803 12.972 102.470 17.332
201806 18.825 103.100 24.998
201809 19.859 103.950 26.156
201812 29.769 103.970 39.200
201903 16.055 105.370 20.861
201906 23.431 105.840 30.309
201909 19.650 106.700 25.214
201912 31.244 106.800 40.053
202003 13.589 106.850 17.412
202006 10.642 107.510 13.552
202009 14.327 107.880 18.182
202012 25.203 107.850 31.994
202103 13.333 108.870 16.767
202106 18.053 109.670 22.537
202109 13.278 110.790 16.408
202112 21.618 114.010 25.960
202203 15.260 119.460 17.489
202206 16.341 119.050 18.792
202209 16.960 126.890 18.299
202212 26.181 124.940 28.689
202303 14.913 124.720 16.371
202306 20.100 125.830 21.870
202309 18.852 127.160 20.297
202312 28.971 126.450 31.367
202403 16.256 128.580 17.309
202406 20.168 129.910 21.255
202409 19.791 131.610 20.588
202412 31.259 131.630 32.513
202503 17.173 133.330 17.634
202506 20.414 133.960 20.864
202509 22.522 135.920 22.686
202512 32.850 135.270 33.248
202603 16.042 136.910 16.042

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 2.05 mean?
Airbus SE (XMAD:AIR) has a Cyclically Adjusted PS Ratio of 2.05 as of Jul. 11, 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 Airbus SE and its competitors. This is 49% above median its historical median of 1.38. Over the past decade, Airbus SE's Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.28. According to the industry distribution chart, Airbus SE ranks #84 out of 224 companies in the Aerospace & Defense industry, placing it in the top 37.5%.
Is Airbus SE's Cyclically Adjusted PS Ratio too high?
Airbus SE's current Cyclically Adjusted PS Ratio of 2.05 is 49% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.28. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.15. Airbus SE's value of 2.05 is 34.9% below this industry median. Based on the distribution chart, Airbus SE ranks #84 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Airbus SE has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airbus SE's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Airbus SE ranks #84 out of 224 companies for Cyclically Adjusted PS Ratio. This puts Airbus SE in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.15. Airbus SE's value of 2.05 is 34.9% below this benchmark. Historically, Airbus SE's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 2.28 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 3.15, Airbus SE 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.15, based on 224 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. Airbus SE's current Cyclically Adjusted PS Ratio of 2.05 is 34.9% 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 Airbus SE and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airbus SE's current Cyclically Adjusted PS Ratio is 2.05, which is 49% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airbus SE stock overvalued right now?
Based on GuruFocus' analysis, Airbus SE (XMAD:AIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €174.20, compared to a current price of €196.74 — trading 12.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.05, which is 49% above median its 10-year median of 1.38 and 34.9% below the Aerospace & Defense industry median of 3.15. Airbus SE's overall GF Score™ is 84/100 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 Airbus SE (XMAD:AIR), the current Cyclically Adjusted PS Ratio is 2.05 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 Airbus SE (XMAD:AIR) Overvalued in 2026?

Based on GuruFocus' analysis, Airbus SE stock appears to be overvalued. The current stock price of €196.74 is trading 12.9% above its estimated GF Value™ of €174.20. GuruFocus considers Airbus SE to be Modestly Overvalued.

Key valuation signals for XMAD:AIR:

  • Cyclically Adjusted PS Ratio: 2.05 (49% above median its 10-year median of 1.38)
  • GF Value™: €174.20 vs. price of €196.74 (12.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 34.9% below the Aerospace & Defense median (#84 of 224)

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


Airbus SE Business Description

Address Mendelweg 30, Leiden, ZH, NLD, 2333 CS
Airbus is a global aerospace and defense firm that designs, develops, and manufactures commercial and military jets and helicopters, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers multiple configurations of aircraft ranging from the narrow-body (120-200 seats) A220 and A320 series to the much larger A330 and A350 wide-body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and the Eurofighter Typhoon multirole jet. The helicopter division manufactures turbine helicopters for the civil and public markets.
84GF Score

Get the complete analysis for XMAD:AIR

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

€196.74
Price
€174.20
GF Value