GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ryanair Holdings PLC (FRA:RY4D) » Definitions » Cyclically Adjusted PS Ratio

Ryanair Holdings (FRA:RY4D) Cyclically Adjusted PS Ratio : 2.56 (As of Jun. 08, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Ryanair Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Ryanair Holdings's current share price is €111.00. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €43.39. Ryanair Holdings's Cyclically Adjusted PS Ratio for today is 2.56.

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

FRA:RY4D' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.29   Max: 5.56
Current: 2.62

During the past years, Ryanair Holdings's highest Cyclically Adjusted PS Ratio was 5.56. The lowest was 1.76. And the median was 3.29.

FRA:RY4D's Cyclically Adjusted PS Ratio is ranked worse than
80.73% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:RY4D: 2.62

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.

Ryanair Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.461. 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 €43.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryanair Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryanair Holdings'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.

* Premium members only.

Ryanair Holdings Cyclically Adjusted PS Ratio Chart

Ryanair Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 3.54 2.67 2.46 3.14

Ryanair Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 2.09 2.46 2.44 2.89 3.14

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ryanair Holdings 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.

Ryanair Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.00/43.39
=2.56

* 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.

Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ryanair Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.461/120.9901*120.9901
=9.461

Current CPI (Mar. 2024) = 120.9901.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.023 100.573 3.637
201406 5.527 100.773 6.636
201409 7.354 100.474 8.856
201412 4.075 99.576 4.951
201503 3.546 99.975 4.291
201506 6.006 100.573 7.225
201509 8.759 100.274 10.569
201512 4.971 99.676 6.034
201603 4.421 99.676 5.366
201606 6.570 101.072 7.865
201609 9.692 100.274 11.694
201612 5.362 99.676 6.509
201703 4.759 100.374 5.736
201706 7.788 100.673 9.360
201709 10.424 100.474 12.553
201712 5.888 100.075 7.119
201803 5.549 100.573 6.675
201806 8.865 101.072 10.612
201809 11.953 101.371 14.266
201812 6.844 100.773 8.217
201903 5.544 101.670 6.598
201906 10.168 102.168 12.041
201909 13.706 102.268 16.215
201912 8.515 102.068 10.094
202003 5.430 102.367 6.418
202006 0.575 101.769 0.684
202009 4.783 101.072 5.726
202012 1.515 101.072 1.814
202103 0.525 102.367 0.621
202106 1.642 103.364 1.922
202109 7.830 104.859 9.035
202112 6.497 106.653 7.370
202203 5.187 109.245 5.745
202206 11.417 112.779 12.248
202209 17.642 113.504 18.806
202212 10.143 115.436 10.631
202303 8.109 117.609 8.342
202309 21.520 120.749 21.563
202312 11.784 120.749 11.808
202403 9.461 120.990 9.461

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.


Ryanair Holdings  (FRA:RY4D) 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.


Ryanair Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ryanair Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryanair Holdings (FRA:RY4D) Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

Ryanair Holdings (FRA:RY4D) Headlines

No Headlines