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Air France-KLM (Air France-KLM) Cyclically Adjusted PS Ratio : 0.03 (As of Apr. 27, 2024)


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What is Air France-KLM Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Air France-KLM's current share price is $1.075. Air France-KLM's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $35.81. Air France-KLM's Cyclically Adjusted PS Ratio for today is 0.03.

The historical rank and industry rank for Air France-KLM's Cyclically Adjusted PS Ratio or its related term are showing as below:

AFLYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.08   Max: 0.17
Current: 0.03

During the past years, Air France-KLM's highest Cyclically Adjusted PS Ratio was 0.17. The lowest was 0.03. And the median was 0.08.

AFLYY's Cyclically Adjusted PS Ratio is ranked better than
99.31% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs AFLYY: 0.03

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.

Air France-KLM's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.076. 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 $35.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air France-KLM Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Air France-KLM'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.

Air France-KLM Cyclically Adjusted PS Ratio Chart

Air France-KLM 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 0.12 0.07 0.05 0.04 0.04

Air France-KLM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.05 0.05 0.04 0.04

Competitive Comparison of Air France-KLM's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Air France-KLM'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.


Air France-KLM's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Air France-KLM's Cyclically Adjusted PS Ratio falls into.



Air France-KLM 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.

Air France-KLM's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.075/35.81
=0.03

* 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 France-KLM's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Air France-KLM's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.076/118.2300*118.2300
=3.076

Current CPI (Dec. 2023) = 118.2300.

Air France-KLM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.082 100.240 15.430
201406 14.935 100.180 17.626
201409 14.705 99.920 17.400
201412 13.061 99.860 15.464
201503 10.303 100.170 12.161
201506 12.528 100.440 14.747
201509 13.682 99.950 16.184
201512 11.831 100.040 13.982
201603 10.967 100.020 12.964
201606 11.543 100.630 13.562
201609 8.443 100.340 9.948
201612 9.495 100.650 11.153
201703 10.760 101.170 12.574
201706 8.965 101.320 10.461
201709 12.312 101.330 14.365
201712 8.765 101.850 10.175
201803 8.590 102.750 9.884
201806 9.132 103.370 10.445
201809 10.387 103.560 11.858
201812 9.313 103.470 10.641
201903 8.048 103.890 9.159
201906 9.360 104.580 10.582
201909 9.887 104.500 11.186
201912 9.891 104.980 11.139
202003 6.555 104.590 7.410
202006 0.529 104.790 0.597
202009 3.508 104.550 3.967
202012 3.392 104.960 3.821
202103 3.029 105.750 3.386
202106 2.790 106.340 3.102
202109 4.225 106.810 4.677
202112 4.298 107.850 4.712
202203 3.849 110.490 4.119
202206 2.759 112.550 2.898
202209 3.126 112.740 3.278
202212 2.939 114.160 3.044
202303 2.758 116.790 2.792
202306 2.597 117.650 2.610
202309 3.596 118.260 3.595
202312 3.076 118.230 3.076

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.


Air France-KLM  (OTCPK:AFLYY) 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.


Air France-KLM Cyclically Adjusted PS Ratio Related Terms

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


Air France-KLM (Air France-KLM) Business Description

Address
2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

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