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ANA Holdings (ANA Holdings) Cyclically Adjusted PS Ratio : 0.65 (As of May. 01, 2024)


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What is ANA Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-01), ANA Holdings's current share price is $23.425. ANA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.19. ANA Holdings's Cyclically Adjusted PS Ratio for today is 0.65.

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

ALNPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.62   Max: 0.88
Current: 0.63

During the past years, ANA Holdings's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.40. And the median was 0.62.

ALNPF's Cyclically Adjusted PS Ratio is ranked better than
57.14% of 735 companies
in the Transportation industry
Industry Median: 0.83 vs ALNPF: 0.63

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.

ANA Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.206. 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 $36.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ANA Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ANA Holdings'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.

ANA Holdings Cyclically Adjusted PS Ratio Chart

ANA Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.51 0.54 0.61 -

ANA Holdings 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 0.61 0.73 0.66 0.65 -

Competitive Comparison of ANA Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, ANA Holdings'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.


ANA Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



ANA Holdings 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.

ANA Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.425/36.19
=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.

ANA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ANA Holdings'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)
=7.206/106.8000*106.8000
=7.206

Current CPI (Dec. 2023) = 106.8000.

ANA Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.665 95.700 11.902
201406 10.859 98.000 11.834
201409 12.475 98.500 13.526
201412 10.614 97.900 11.579
201503 9.893 97.900 10.792
201506 9.572 98.400 10.389
201509 11.839 98.500 12.837
201512 10.762 98.100 11.716
201603 10.688 97.900 11.660
201606 10.975 98.100 11.948
201609 13.490 98.000 14.701
201612 11.002 98.400 11.941
201703 10.961 98.100 11.933
201706 11.626 98.500 12.606
201709 13.789 98.800 14.906
201712 13.127 99.400 14.104
201803 13.464 99.200 14.496
201806 13.165 99.200 14.174
201809 14.747 99.900 15.766
201812 14.126 99.700 15.132
201903 13.172 99.700 14.110
201906 13.840 99.800 14.811
201909 15.436 100.100 16.469
201912 14.413 100.500 15.317
202003 10.885 100.300 11.590
202006 3.379 99.900 3.612
202009 4.819 99.900 5.152
202012 4.929 99.300 5.301
202103 3.933 99.900 4.205
202106 3.841 99.500 4.123
202109 4.482 100.100 4.782
202112 5.732 100.100 6.116
202203 5.061 101.100 5.346
202206 4.960 101.800 5.204
202209 5.784 103.100 5.992
202212 6.640 104.100 6.812
202303 6.428 104.400 6.576
202306 6.266 105.200 6.361
202309 7.052 106.200 7.092
202312 7.206 106.800 7.206

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.


ANA Holdings  (OTCPK:ALNPF) 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.


ANA Holdings Cyclically Adjusted PS Ratio Related Terms

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


ANA Holdings (ANA Holdings) Business Description

Traded in Other Exchanges
Address
Shiodome-City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. In February 2024, it will launch Air Japan to provide discount airline services to Southeast Asia. Pre-COVID-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.

ANA Holdings (ANA Holdings) Headlines

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