Air China (FRA:AD2) ROE % Adjusted to Book Value: 8.35% (As of Mar. 2026)


FRA:AD2 Air China Ltd FRA:AD2
57 GF Score
Price €0.49
GF Value €0.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Air China ROE % Adjusted to Book Value?

Air China FRA:AD2 -0.60% 57 ROE % Adjusted to Book Value is 8.35% as of Mar. 2026. GuruFocus rates FRA:AD2 with a GF Score™ of 57/100 and a GF Value™ of €0.68 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Air China's ROE % for the quarter that ended in Mar. 2026 was 16.11%. Air China's PB Ratio for the quarter that ended in Mar. 2026 was 1.93. Air China's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.35%.


Air China ROE % Adjusted to Book Value Related Terms


Air China ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Air China'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 China ROE % Adjusted to Book Value Chart

Air China 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 -24.32 -23.78 -1.67 -0.31 -1.57

Air China 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 -10.10 0.99 16.78 -13.36 8.35

FRA:AD2 vs DAL, UAL, LUV: ROE % Adjusted to Book Value Comparison

For the Airlines subindustry, Air China'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 China ROE % Adjusted to Book Value vs Transportation Industry

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

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


FRA:AD2
57GF Score
Air China Ltd FRA:AD2
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Air China ROE % Adjusted to Book Value Calculation

Air China'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
=-3.87% / 2.47
=-1.57%

Air China'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
=16.11% / 1.93
=8.35%

* 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.

What does a ROE % Adjusted to Book Value of 8.35% mean?
Air China (FRA:AD2) has a ROE % Adjusted to Book Value of 8.35% 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 China and its competitors.
Is Air China's ROE % Adjusted to Book Value too high?
Air China's current ROE % Adjusted to Book Value is 8.35%. Overall, Air China has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Air China's ROE % Adjusted to Book Value compare to DAL and UAL?
Air China's ROE % Adjusted to Book Value of 8.35% 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 China and its competitors. Air China's current ROE % Adjusted to Book Value is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air China stock overvalued right now?
Based on GuruFocus' analysis, Air China (FRA:AD2) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.68, compared to a current price of €0.49 — trading 27.3% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.35%. Air China's overall GF Score™ is 57/100 with 5 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 China (FRA:AD2), the current ROE % Adjusted to Book Value is 8.35% 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 China (FRA:AD2) Overvalued in 2026?

Based on GuruFocus' analysis, Air China stock appears to be undervalued. The current stock price of €0.49 is trading 27.3% below its estimated GF Value™ of €0.68. GuruFocus considers Air China to be Modestly Undervalued.

Key valuation signals for FRA:AD2:

  • ROE % Adjusted to Book Value: 8.35%
  • GF Value™: €0.68 vs. price of €0.49 (27.3% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the FRA:AD2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air China Business Description

Address 12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Air China Ltd is based in Beijing and principally provides airline and related services, which include aircraft engineering and airport ground handling. The majority of the company's revenue comes from airline operations, with a smaller portion generated from rental income. Company has two segments (a) The airline operations segment which mainly comprises the provision of air passenger and air cargo services; and (b) The other operations segment which comprises the provision of aircraft engineering and other airline-related services. Geographically, majority of its revenue is derived from Mainland China followed by International segment and Hong Kong SAR, Macau SAR and Taiwan.
57GF Score

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

€0.49
Price
€0.68
GF Value