CAE (STU:CE9) PB Ratio: 2.16 (As of Jul. 05, 2026) — 17% Below Median


STU:CE9 CAE Inc STU:CE9
67 GF Score
Price €22.46
GF Value €22.07
Valuation Fairly Valued
! 5 Warning Signs
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What is CAE PB Ratio?

CAE STU:CE9 +0.54% 67 PB Ratio is 2.16 as of Jul. 05, 2026, which is 17% below its 10-year median of 2.59. GuruFocus rates STU:CE9 with a GF Score™ of 67/100 and a GF Value™ of €22.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 339 Aerospace & Defense companies, CAE ranks better than 71.39% 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 (2026-07-05), CAE's share price is €22.46. CAE's Book Value per Share for the quarter that ended in Mar. 2026 was €10.40. Hence, CAE's PB Ratio of today is 2.16.

The historical rank and industry rank for CAE's PB Ratio or its related term are showing as below:

STU:CE9' s PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.59   Max: 4.67
Current: 2.22

During the past 13 years, CAE's highest PB Ratio was 4.67. The lowest was 1.59. And the median was 2.59.

STU:CE9's PB Ratio is ranked better than
71.39% of 339 companies
in the Aerospace & Defense industry
Industry Median: 3.92 vs STU:CE9: 2.22

During the past 12 months, CAE's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CAE was 25.20% per year. The lowest was -7.70% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


CAE  (STU:CE9) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


CAE PB Ratio Related Terms


CAE PB Ratio Historical Data

* Premium members only.

The historical data trend for CAE'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.

CAE PB Ratio Chart

CAE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.15 2.12 2.30 2.15

CAE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 2.30 2.53 2.56 2.55 2.15

STU:CE9 vs SPCX, GE, RTX: PB Ratio Comparison

For the Aerospace & Defense subindustry, CAE'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.


CAE PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's PB Ratio distribution charts can be found below:

* The bar in red indicates where CAE's PB Ratio falls into.


STU:CE9
67GF Score
CAE Inc STU:CE9
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CAE PB Ratio Calculation

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.

CAE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22.46/10.395
=2.16

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.16 mean?
CAE (STU:CE9) has a PB Ratio of 2.16 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CAE and its competitors. This is 17% below median its historical median of 2.59. Over the past decade, CAE's PB Ratio has ranged from 1.59 to 4.67. According to the industry distribution chart, CAE ranks #97 out of 339 companies in the Aerospace & Defense industry, placing it in the top 28.6%.
Is CAE's PB Ratio too high?
CAE's current PB Ratio of 2.16 is 17% below median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 4.67. The Aerospace & Defense industry median PB Ratio is 3.92. CAE's value of 2.16 is 44.9% below this industry median. Based on the distribution chart, CAE ranks #97 out of 339 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, CAE has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAE's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CAE ranks #97 out of 339 companies for PB Ratio. This puts CAE in the upper half of its industry. The industry median PB Ratio is 3.92. CAE's value of 2.16 is 44.9% below this benchmark. Historically, CAE's own PB Ratio has ranged from 1.59 to 4.67 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 3.92, CAE 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 PB Ratio for an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.92, based on 339 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. CAE's current PB Ratio of 2.16 is 44.9% 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 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 CAE and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAE's current PB Ratio is 2.16, which is 17% below median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAE stock overvalued right now?
Based on GuruFocus' analysis, CAE (STU:CE9) is currently considered Fairly Valued. The stock's GF Value™ is €22.07, compared to a current price of €22.46 — trading 1.8% above its estimated fair value. The current PB Ratio is 2.16, which is 17% below median its 10-year median of 2.59 and 44.9% below the Aerospace & Defense industry median of 3.92. CAE's overall GF Score™ is 67/100 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 CAE (STU:CE9), the current PB Ratio is 2.16 as of Jul. 05, 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 CAE (STU:CE9) Overvalued in 2026?

Based on GuruFocus' analysis, CAE stock appears to be overvalued. The current stock price of €22.46 is trading 1.8% above its estimated GF Value™ of €22.07. GuruFocus considers CAE to be Fairly Valued.

Key valuation signals for STU:CE9:

  • PB Ratio: 2.16 (17% below median its 10-year median of 2.59)
  • GF Value™: €22.07 vs. price of €22.46 (1.8% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 44.9% below the Aerospace & Defense median (#97 of 339)

No single metric tells the full story. See the STU:CE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAE Business Description

Other Exchanges CAE:USACAE:Canada
Address 8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: i) Civil Aviation: Provides comprehensive training solutions for flight, cabin, maintenance, ground personnel and air traffic controllers in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as airline operations digital solutions; and ii) Defense and Security which is a world-wide training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
67GF Score

Get the complete analysis for STU:CE9

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

€22.46
Price
€22.07
GF Value