Air Arabia PJSC (DFM:AIRARABIA) ROE % Adjusted to Book Value: 4.95% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DFM:AIRARABIA Air Arabia PJSC DFM:AIRARABIA
80 GF Score
Price د.إ5.19
GF Value د.إ3.84
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Air Arabia PJSC ROE % Adjusted to Book Value?

Air Arabia PJSC DFM:AIRARABIA -0.19% 80 ROE % Adjusted to Book Value is 4.95% as of Mar. 2026. GuruFocus rates DFM:AIRARABIA with a GF Score™ of 80/100 and a GF Value™ of د.إ3.84 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Air Arabia PJSC's ROE % for the quarter that ended in Mar. 2026 was 12.43%. Air Arabia PJSC's PB Ratio for the quarter that ended in Mar. 2026 was 2.51. Air Arabia PJSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 4.95%.


Air Arabia PJSC ROE % Adjusted to Book Value Related Terms


Air Arabia PJSC ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Air Arabia PJSC's ROE % Adjusted to Book Value 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.

Air Arabia PJSC ROE % Adjusted to Book Value Chart

Air Arabia PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.26 13.08 12.17 10.47 7.69

Air Arabia PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 7.96 8.92 13.85 7.37 4.95

DFM:AIRARABIA vs DAL, UAL, LUV: ROE % Adjusted to Book Value Comparison

For the Airlines subindustry, Air Arabia PJSC's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Air Arabia PJSC ROE % Adjusted to Book Value vs Transportation Industry

For the Transportation industry and Industrials sector, Air Arabia PJSC's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Air Arabia PJSC's ROE % Adjusted to Book Value falls into.


DFM:AIRARABIA
80GF Score
Air Arabia PJSC DFM:AIRARABIA
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Arabia PJSC ROE % Adjusted to Book Value Calculation

Air Arabia PJSC's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=19.91% / 2.59
=7.69%

Air Arabia PJSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.43% / 2.51
=4.95%

* 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.

What does a ROE % Adjusted to Book Value of 4.95% mean?
Air Arabia PJSC (DFM:AIRARABIA) has a ROE % Adjusted to Book Value of 4.95% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Air Arabia PJSC and its competitors.
Is Air Arabia PJSC's ROE % Adjusted to Book Value too high?
Air Arabia PJSC's current ROE % Adjusted to Book Value is 4.95%. Overall, Air Arabia PJSC has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Arabia PJSC's ROE % Adjusted to Book Value compare to DAL and UAL?
Air Arabia PJSC's ROE % Adjusted to Book Value of 4.95% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Transportation company?
A good ROE % Adjusted to Book Value depends on the Transportation industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Air Arabia PJSC and its competitors. Air Arabia PJSC's current ROE % Adjusted to Book Value is 4.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Arabia PJSC stock overvalued right now?
Based on GuruFocus' analysis, Air Arabia PJSC (DFM:AIRARABIA) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ3.84, compared to a current price of د.إ5.19 — trading 35.2% above its estimated fair value. The current ROE % Adjusted to Book Value is 4.95%. Air Arabia PJSC's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Air Arabia PJSC (DFM:AIRARABIA), the current ROE % Adjusted to Book Value is 4.95% as of Mar. 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 Air Arabia PJSC (DFM:AIRARABIA) Overvalued in 2026?

Based on GuruFocus' analysis, Air Arabia PJSC stock appears to be overvalued. The current stock price of د.إ5.19 is trading 35.2% above its estimated GF Value™ of د.إ3.84. GuruFocus considers Air Arabia PJSC to be Significantly Overvalued.

Key valuation signals for DFM:AIRARABIA:

  • ROE % Adjusted to Book Value: 4.95%
  • GF Value™: د.إ3.84 vs. price of د.إ5.19 (35.2% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Air Arabia PJSC Business Description

Address Sharjah Airport Road, AONE Building, Po Box 132, Sharjah, ARE
Air Arabia PJSC is a group of airlines and companies offering travel and tourism services internationally. Its activities include international commercial air transportation, aircraft trading and rental, aircraft spare parts trading, passenger transport, cargo services, aviation training, aircraft repairs and maintenance, as well as travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services. The company operates through two segments: Airline, covering air transportation, aircraft rental, passenger transport, cargo services, aviation training, and aircraft repairs and maintenance, and Other, covering travel and tourist agencies, hotels, hotel apartment rentals, representative offices, and document transfer services.
80GF Score

Get the complete analysis for DFM:AIRARABIA

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ5.19
Price
د.إ3.84
GF Value