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Alaska Air Group (FRA:ALK) Cyclically Adjusted Revenue per Share : €61.23 (As of Mar. 2024)


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What is Alaska Air Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Alaska Air Group's adjusted revenue per share for the three months ended in Mar. 2024 was €16.301. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €61.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alaska Air Group's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Alaska Air Group was 12.30% per year. The lowest was -1.90% per year. And the median was 4.10% per year.

As of today (2024-05-20), Alaska Air Group's current stock price is €39.66. Alaska Air Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €61.23. Alaska Air Group's Cyclically Adjusted PS Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alaska Air Group was 2.88. The lowest was 0.48. And the median was 1.39.


Alaska Air Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Alaska Air Group's Cyclically Adjusted Revenue per Share 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.

Alaska Air Group Cyclically Adjusted Revenue per Share Chart

Alaska Air Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.60 40.00 47.43 56.47 60.98

Alaska Air Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 55.81 57.95 62.16 60.98 61.23

Competitive Comparison of Alaska Air Group's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Alaska Air Group'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.


Alaska Air Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Alaska Air Group's Cyclically Adjusted PS Ratio falls into.



Alaska Air Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alaska Air Group'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)
=16.301/131.7762*131.7762
=16.301

Current CPI (Mar. 2024) = 131.7762.

Alaska Air Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.296 100.560 9.561
201409 8.349 100.428 10.955
201412 7.920 99.070 10.535
201503 8.868 99.621 11.730
201506 9.830 100.684 12.866
201509 10.529 100.392 13.821
201512 9.962 99.792 13.155
201603 9.652 100.470 12.659
201606 10.724 101.688 13.897
201609 11.268 101.861 14.577
201612 11.570 101.863 14.968
201703 13.089 102.862 16.768
201706 15.047 103.349 19.186
201709 14.251 104.136 18.034
201712 13.408 104.011 16.987
201803 12.018 105.290 15.041
201806 14.879 106.317 18.442
201809 15.305 106.507 18.936
201812 14.574 105.998 18.118
201903 13.398 107.251 16.462
201906 16.290 108.070 19.863
201909 17.484 108.329 21.268
201912 16.041 108.420 19.497
202003 12.055 108.902 14.587
202006 3.032 108.767 3.673
202009 4.813 109.815 5.776
202012 5.355 109.897 6.421
202103 5.386 111.754 6.351
202106 9.993 114.631 11.488
202109 13.052 115.734 14.861
202112 13.117 117.630 14.695
202203 12.115 121.301 13.161
202206 19.676 125.017 20.740
202209 22.250 125.227 23.414
202212 18.378 125.222 19.340
202303 16.087 127.348 16.646
202306 20.319 128.729 20.800
202309 20.591 129.860 20.895
202312 18.350 129.419 18.684
202403 16.301 131.776 16.301

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Alaska Air Group  (FRA:ALK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Alaska Air Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=39.66/61.23
=0.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Alaska Air Group was 2.88. The lowest was 0.48. And the median was 1.39.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Alaska Air Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Alaska Air Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alaska Air Group (FRA:ALK) Business Description

Industry
Traded in Other Exchanges
Address
19300 International Boulevard, Seattle, WA, USA, 98188
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.