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Finnair Oyj (OHEL:FIA1S) Cyclically Adjusted PS Ratio : 0.05 (As of Jun. 09, 2024)


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What is Finnair Oyj Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Finnair Oyj's current share price is €2.8095. Finnair Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €53.60. Finnair Oyj's Cyclically Adjusted PS Ratio for today is 0.05.

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

OHEL:FIA1S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.19   Max: 0.68
Current: 0.05

During the past years, Finnair Oyj's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.05. And the median was 0.19.

OHEL:FIA1S's Cyclically Adjusted PS Ratio is ranked better than
96.2% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs OHEL:FIA1S: 0.05

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.

Finnair Oyj's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.419. 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 €53.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finnair Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Finnair Oyj'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.

Finnair Oyj Cyclically Adjusted PS Ratio Chart

Finnair Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.22 0.18 0.11 0.07

Finnair Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.15 0.17 0.16 0.07 0.05

Competitive Comparison of Finnair Oyj's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Finnair Oyj 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.

Finnair Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.8095/53.6
=0.05

* 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.

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

For example, Finnair Oyj'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)
=3.419/122.3600*122.3600
=3.419

Current CPI (Mar. 2024) = 122.3600.

Finnair Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.573 100.147 17.805
201409 12.756 100.726 15.496
201412 9.154 100.229 11.175
201503 14.800 100.120 18.088
201506 16.538 100.030 20.230
201509 14.328 100.130 17.509
201512 13.731 99.990 16.803
201603 16.472 100.080 20.139
201606 13.830 100.390 16.857
201609 14.927 100.540 18.167
201612 13.834 101.020 16.756
201703 13.421 100.910 16.274
201706 14.656 101.140 17.731
201709 17.245 101.320 20.826
201712 19.701 101.510 23.748
201803 15.492 101.730 18.634
201806 21.486 102.320 25.694
201809 18.477 102.600 22.036
201812 16.244 102.710 19.352
201903 17.568 102.870 20.896
201906 16.983 103.360 20.105
201909 20.966 103.540 24.777
201912 18.782 103.650 22.172
202003 13.874 103.490 16.404
202006 1.673 103.320 1.981
202009 1.229 103.710 1.450
202012 1.217 103.890 1.433
202103 1.443 104.870 1.684
202106 1.406 105.360 1.633
202109 2.327 106.290 2.679
202112 4.491 107.490 5.112
202203 4.731 110.950 5.218
202206 6.610 113.570 7.122
202209 9.737 114.920 10.367
202212 6.447 117.320 6.724
202303 8.289 119.750 8.470
202306 8.167 120.690 8.280
202309 7.840 121.280 7.910
202312 4.832 121.540 4.865
202403 3.419 122.360 3.419

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.


Finnair Oyj  (OHEL:FIA1S) 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.


Finnair Oyj Cyclically Adjusted PS Ratio Related Terms

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


Finnair Oyj (OHEL:FIA1S) Business Description

Industry
Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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