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Cathay Pacific Airways (Cathay Pacific Airways) PS Ratio : 0.62 (As of Apr. 25, 2024)


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What is Cathay Pacific Airways PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Cathay Pacific Airways's share price is $1.0108. Cathay Pacific Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.63. Hence, Cathay Pacific Airways's PS Ratio for today is 0.62.

Good Sign:

Cathay Pacific Airways Ltd stock PS Ratio (=0.64) is close to 3-year low of 0.61

The historical rank and industry rank for Cathay Pacific Airways's PS Ratio or its related term are showing as below:

CPCAF' s PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.56   Max: 1.26
Current: 0.64

During the past 13 years, Cathay Pacific Airways's highest PS Ratio was 1.26. The lowest was 0.21. And the median was 0.56.

CPCAF's PS Ratio is ranked better than
63.1% of 973 companies
in the Transportation industry
Industry Median: 0.95 vs CPCAF: 0.64

Cathay Pacific Airways's Revenue per Sharefor the six months ended in Dec. 2023 was $0.88. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.63.

Warning Sign:

Cathay Pacific Airways Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Cathay Pacific Airways was 61.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -18.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -10.40% per year.

During the past 13 years, Cathay Pacific Airways's highest 3-Year average Revenue per Share Growth Rate was 24.80% per year. The lowest was -34.00% per year. And the median was 4.40% per year.

Back to Basics: PS Ratio


Cathay Pacific Airways PS Ratio Historical Data

The historical data trend for Cathay Pacific Airways's 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.

Cathay Pacific Airways PS Ratio Chart

Cathay Pacific Airways Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.79 0.90 1.07 0.64

Cathay Pacific Airways Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.90 - 1.07 - 0.64

Competitive Comparison of Cathay Pacific Airways's PS Ratio

For the Airlines subindustry, Cathay Pacific Airways's PS Ratio, along with its competitors' market caps and 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.


Cathay Pacific Airways's PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cathay Pacific Airways's PS Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Pacific Airways's PS Ratio falls into.



Cathay Pacific Airways PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Cathay Pacific Airways's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.0108/1.633
=0.62

Cathay Pacific Airways's Share Price of today is $1.0108.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cathay Pacific Airways's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.63.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Cathay Pacific Airways  (OTCPK:CPCAF) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Cathay Pacific Airways PS Ratio Related Terms

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Cathay Pacific Airways (Cathay Pacific Airways) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

Cathay Pacific Airways (Cathay Pacific Airways) Headlines

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