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Aircastle (Aircastle) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Aircastle Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aircastle Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aircastle'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.

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Aircastle Cyclically Adjusted PS Ratio Chart

Aircastle Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Aircastle Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Aircastle's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Aircastle'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.


Aircastle's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aircastle's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aircastle 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.

Aircastle's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Aircastle's adjusted Revenue per Share data for the three months ended in Dec. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=3.226/108.4201*108.4201
=3.226

Current CPI (Dec. 2019) = 108.4201.

Aircastle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 1.665 91.821 1.966
201006 1.659 91.962 1.956
201009 1.684 92.162 1.981
201012 1.715 92.474 2.011
201103 2.004 94.283 2.304
201106 1.966 95.235 2.238
201109 1.914 95.727 2.168
201112 2.199 95.213 2.504
201203 2.300 96.783 2.577
201206 2.401 96.819 2.689
201209 2.457 97.633 2.728
201212 2.555 96.871 2.860
201303 2.595 98.209 2.865
201306 2.512 98.518 2.764
201309 2.166 98.790 2.377
201312 2.393 98.326 2.639
201403 2.197 99.695 2.389
201406 2.813 100.560 3.033
201409 2.209 100.428 2.385
201412 2.964 99.070 3.244
201503 2.412 99.621 2.625
201506 2.539 100.684 2.734
201509 2.632 100.392 2.842
201512 2.595 99.792 2.819
201603 2.338 100.470 2.523
201606 2.431 101.688 2.592
201609 2.495 101.861 2.656
201612 3.125 101.863 3.326
201703 2.606 102.862 2.747
201706 3.032 103.349 3.181
201709 2.718 104.136 2.830
201712 2.508 104.011 2.614
201803 2.579 105.290 2.656
201806 2.611 106.317 2.663
201809 2.450 106.507 2.494
201812 3.836 105.998 3.924
201903 2.842 107.251 2.873
201906 2.961 108.070 2.971
201909 3.147 108.329 3.150
201912 3.226 108.420 3.226

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.


Aircastle  (NYSE:AYR) 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.


Aircastle Cyclically Adjusted PS Ratio Related Terms

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


Aircastle (Aircastle) Business Description

Traded in Other Exchanges
N/A
Address
c/o Aircastle Advisor LLC, 201 Tresser Boulevard, Suite 400, Stamford, CT, USA, 06901
Aircastle Ltd is engaged in acquiring, leasing, and selling of commercial jet aircraft to airlines. The company has only single operating segment which is leasing, financing, selling, and managing commercial flight equipment.
Executives
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Ronald Merriman director 6175 NANCY RIDGE, SAN DIEGO CA 92121
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Peter V Ueberroth director CONTRARIAN GROUP INC, 1071 CAMELBACK ST, NEWPORT BEACH CA 92660
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark S Zeidman officer: Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, W PALM BEACH FL 33409
Fortress Investment Holdings Llc 10 percent owner 1251 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020