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Aena SMELTS:0R4Y -1.13%95 PB Ratio is 4.10 as of Jul. 16, 2026, which is 8% above its 10-year median of 3.81. GuruFocus rates LTS:0R4Y with a GF Score™ of 95/100 and a GF Value™ of €24.41 (Fairly Valued). The stock has 5 warning signs investors should review. Among 965 Transportation companies, Aena SME ranks worse than 88.6% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), Aena SME's share price is €26.20. Aena SME's Book Value per Share for the quarter that ended in Mar. 2026 was €6.40. Hence, Aena SME's PB Ratio of today is 4.10.
The historical rank and industry rank for Aena SME's PB Ratio or its related term are showing as below:
LTS:0R4Y'
s PB Ratio Range Over the Past 10 Years
Min: 2.29 Med: 3.81 Max: 5.41
Current: 4.08
During the past 13 years, Aena SME's highest PB Ratio was 5.41. The lowest was 2.29. And the median was 3.81.
LTS:0R4Y's PB Ratio is ranked worse than 88.6% of 965
companies
in the Transportation industry
Industry Median: 1.25
vs LTS:0R4Y: 4.08
During the past 12 months, Aena SME's average Book Value Per Share Growth Rate was 11.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aena SME was 20.90% per year. The lowest was -2.20% per year. And the median was 11.50% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Aena SME PB Ratio Related Terms
Aena SME PB Ratio Historical Data
* Premium members only.
The historical data trend for Aena SME's PB 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.
For the Airports & Air Services subindustry, Aena SME's PB Ratio, along with its competitors' market caps and PB 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.
Aena SME PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Aena SME's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aena SME's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Aena SME's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Aena SME (LTS:0R4Y) has a PB Ratio of 4.10 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aena SME and its competitors. This is near median its historical median of 3.81. Over the past decade, Aena SME's PB Ratio has ranged from 2.29 to 5.41. According to the industry distribution chart, Aena SME ranks #855 out of 965 companies in the Transportation industry, placing it in the top 88.6%.
Is Aena SME's PB Ratio too high?
Aena SME's current PB Ratio of 4.10 is near median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 5.41. The Transportation industry median PB Ratio is 1.25. Aena SME's value of 4.10 is 228% above this industry median. Based on the distribution chart, Aena SME ranks #855 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aena SME has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aena SME's PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aena SME ranks #855 out of 965 companies for PB Ratio. This places Aena SME in the lower half of its industry. The industry median PB Ratio is 1.25. Aena SME's value of 4.10 is 228% above this benchmark. Historically, Aena SME's own PB Ratio has ranged from 2.29 to 5.41 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 1.25, Aena SME 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 PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 965 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aena SME's current PB Ratio of 4.10 is 228% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aena SME and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aena SME's current PB Ratio is 4.10, which is near median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aena SME stock overvalued right now?
Based on GuruFocus' analysis, Aena SME (LTS:0R4Y) is currently considered Fairly Valued. The stock's GF Value™ is €24.41, compared to a current price of €26.20 — trading 7.3% above its estimated fair value. The current PB Ratio is 4.10, which is near median its 10-year median of 3.81 and 228% above the Transportation industry median of 1.25. Aena SME's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Aena SME (LTS:0R4Y), the current PB Ratio is 4.10 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 Aena SME (LTS:0R4Y) Overvalued in 2026?
Based on GuruFocus' analysis, Aena SME stock appears to be overvalued.
The current stock price of €26.20 is trading 7.3% above its estimated GF Value™ of €24.41.
GuruFocus considers Aena SME to be Fairly Valued.
Key valuation signals for LTS:0R4Y:
PB Ratio: 4.10 (near median its 10-year median of 3.81)
GF Value™: €24.41 vs. price of €26.20 (7.3% above fair value)
Industry Position: 228% above the Transportation median (#855 of 965)
No single metric tells the full story. See the LTS:0R4Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aena's 46 airports in Spain handle 99.9% of the country's air traffic. Its three busiest airports—Madrid-Barajas, Barcelona-El Prat, and Palma de Mallorca—account for roughly half of Spain's passengers. The dual-till framework in Spain leaves its commercial and real estate businesses completely unregulated, allowing the group to monetize its passenger flow and earn economic rents. It is launching a transformational EUR 13 billion DORA III investment cycle (2027-31) to expand capacity across its Spanish network. The group also controls three airports in the UK (Luton, Leeds Bradford, and Newcastle) and 18 airports in Brazil. It has minority holdings in 12 airports in Mexico and two in Jamaica through its 6.4% look-through stake in Grupo Aeroportuario del Pacifico.
95GF Score
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