Ryanair Holdings (BSP:R1YA34) Cyclically Adjusted PS Ratio: 2.57 (As of Jul. 26, 2026) — 12% Below Median

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BSP:R1YA34 Ryanair Holdings PLC BSP:R1YA34
76 GF Score
Price R$36.44
GF Value R$37.41
Valuation Fairly Valued
! 2 Warning Signs
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What is Ryanair Holdings Cyclically Adjusted PS Ratio?

Ryanair Holdings BSP:R1YA34 76 Cyclically Adjusted PS Ratio is 2.57 as of Jul. 26, 2026, which is 12% below its 10-year median of 2.92. GuruFocus rates BSP:R1YA34 with a GF Score™ of 76/100 and a GF Value™ of R$37.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 762 Transportation companies, Ryanair Holdings ranks worse than 78.61% on this metric.

As of today (2026-07-26), Ryanair Holdings's current share price is R$36.44. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$14.16. Ryanair Holdings's Cyclically Adjusted PS Ratio for today is 2.57.

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

BSP:R1YA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.92   Max: 5.56
Current: 2.62

During the past years, Ryanair Holdings's highest Cyclically Adjusted PS Ratio was 5.56. The lowest was 1.76. And the median was 2.92.

BSP:R1YA34's Cyclically Adjusted PS Ratio is ranked worse than
78.61% of 762 companies
in the Transportation industry
Industry Median: 0.89 vs BSP:R1YA34: 2.62

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.

Ryanair Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was R$3.081. 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 R$14.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryanair Holdings  (BSP:R1YA34) 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.


Ryanair Holdings Cyclically Adjusted PS Ratio Related Terms


Ryanair Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ryanair 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.

Ryanair Holdings Cyclically Adjusted PS Ratio Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.46 3.02 2.37 2.65

Ryanair Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.94 2.91 3.38 2.65 2.94

BSP:R1YA34 vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Ryanair 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.


Ryanair Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


BSP:R1YA34
76GF Score
Ryanair Holdings PLC BSP:R1YA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ryanair 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.44/14.16
=2.57

* 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.

Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ryanair Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.081/128.3100*128.3100
=3.081

Current CPI (Jun. 2026) = 128.3100.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.885 100.274 1.132
201612 0.474 99.676 0.610
201703 0.398 100.374 0.509
201706 0.721 100.673 0.919
201709 0.973 100.474 1.243
201712 0.574 100.075 0.736
201803 0.561 100.573 0.716
201806 0.976 101.072 1.239
201809 1.433 101.371 1.814
201812 0.756 100.773 0.963
201903 0.602 101.670 0.760
201906 1.107 102.168 1.390
201909 1.555 102.268 1.951
201912 0.971 102.068 1.221
202003 0.733 102.367 0.919
202006 0.084 101.769 0.106
202009 0.761 101.072 0.966
202012 0.237 101.072 0.301
202103 0.088 102.367 0.110
202106 0.249 103.364 0.309
202109 1.216 104.859 1.488
202112 1.038 106.653 1.249
202203 0.711 109.245 0.835
202206 1.523 112.779 1.733
202209 2.290 113.504 2.589
202212 1.409 115.436 1.566
202303 1.126 117.609 1.228
202306 2.097 119.662 2.249
202309 2.836 120.749 3.014
202312 1.574 120.749 1.673
202403 1.280 120.990 1.357
202406 2.296 122.318 2.408
202409 3.493 121.594 3.686
202412 2.162 122.439 2.266
202503 1.656 123.405 1.722
202506 3.240 124.492 3.339
202509 4.035 124.810 4.148
202512 2.418 125.770 2.467
202603 1.796 127.830 1.803
202606 3.081 128.310 3.081

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.

What does a Cyclically Adjusted PS Ratio of 2.57 mean?
Ryanair Holdings (BSP:R1YA34) has a Cyclically Adjusted PS Ratio of 2.57 as of Jul. 26, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ryanair Holdings and its competitors. This is 12% below median its historical median of 2.92. Over the past decade, Ryanair Holdings' Cyclically Adjusted PS Ratio has ranged from 1.76 to 5.56. According to the industry distribution chart, Ryanair Holdings ranks #599 out of 762 companies in the Transportation industry, placing it in the top 78.6%.
Is Ryanair Holdings' Cyclically Adjusted PS Ratio too high?
Ryanair Holdings' current Cyclically Adjusted PS Ratio of 2.57 is 12% below median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 5.56. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. Ryanair Holdings' value of 2.57 is 188.8% above this industry median. Based on the distribution chart, Ryanair Holdings ranks #599 out of 762 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ryanair Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Ryanair Holdings ranks #599 out of 762 companies for Cyclically Adjusted PS Ratio. This places Ryanair Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Ryanair Holdings' value of 2.57 is 188.8% above this benchmark. Historically, Ryanair Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.76 to 5.56 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 0.89, Ryanair Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 762 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryanair Holdings's current Cyclically Adjusted PS Ratio of 2.57 is 188.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ryanair Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current Cyclically Adjusted PS Ratio is 2.57, which is 12% below median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryanair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryanair Holdings (BSP:R1YA34) is currently considered Fairly Valued. The stock's GF Value™ is R$37.41, compared to a current price of R$36.44 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.57, which is 12% below median its 10-year median of 2.92 and 188.8% above the Transportation industry median of 0.89. Ryanair Holdings' overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ryanair Holdings (BSP:R1YA34), the current Cyclically Adjusted PS Ratio is 2.57 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ryanair Holdings (BSP:R1YA34) Overvalued in 2026?

Based on GuruFocus' analysis, Ryanair Holdings stock appears to be undervalued. The current stock price of R$36.44 is trading 2.6% below its estimated GF Value™ of R$37.41. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for BSP:R1YA34:

  • Cyclically Adjusted PS Ratio: 2.57 (12% below median its 10-year median of 2.92)
  • GF Value™: R$37.41 vs. price of R$36.44 (2.6% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 188.8% above the Transportation median (#599 of 762)

No single metric tells the full story. See the BSP:R1YA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryanair Holdings Business Description

Address Airside Business Park, Swords, County Dublin, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,600 flights daily across 240-plus destinations in 40 countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, including the newer 737 8-200 "Gamechanger" variant, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volume, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.
76GF Score

Get the complete analysis for BSP:R1YA34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$36.44
Price
R$37.41
GF Value