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Jet Airways (India) (BOM:532617) Cyclically Adjusted PS Ratio : 0.03 (As of May. 24, 2024)


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What is Jet Airways (India) Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Jet Airways (India)'s current share price is ₹45.45. Jet Airways (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹1,678.22. Jet Airways (India)'s Cyclically Adjusted PS Ratio for today is 0.03.

The historical rank and industry rank for Jet Airways (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532617' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.11
Current: 0.03

During the past 13 years, Jet Airways (India)'s highest Cyclically Adjusted PS Ratio was 0.11. The lowest was 0.01. And the median was 0.04.

BOM:532617's Cyclically Adjusted PS Ratio is ranked better than
98.78% of 739 companies
in the Transportation industry
Industry Median: 0.83 vs BOM:532617: 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.

Jet Airways (India)'s adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹4.377. 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 ₹1,678.22 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jet Airways (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Cyclically Adjusted PS Ratio Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.01 0.04 0.04 0.03

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - 0.03 -

Competitive Comparison of Jet Airways (India)'s Cyclically Adjusted PS Ratio

For the Airlines subindustry, Jet Airways (India)'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.


Jet Airways (India)'s Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Cyclically Adjusted PS Ratio falls into.



Jet Airways (India) 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.

Jet Airways (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.45/1678.22
=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.

Jet Airways (India)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Jet Airways (India)'s adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=4.377/146.8646*146.8646
=4.377

Current CPI (Mar23) = 146.8646.

Jet Airways (India) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,964.209 91.425 3,155.298
201503 1,839.699 97.163 2,780.760
201603 1,954.798 102.518 2,800.384
201703 1,961.253 105.196 2,738.114
201803 2,041.460 109.786 2,730.923
201903 2,029.231 118.202 2,521.294
202003 29.353 124.705 34.569
202103 3.400 131.771 3.789
202203 12.011 138.822 12.707
202303 4.377 146.865 4.377

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.


Jet Airways (India)  (BOM:532617) 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.


Jet Airways (India) Cyclically Adjusted PS Ratio Related Terms

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


Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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