DLAKF (Deutsche Lufthansa AG) Cyclically Adjusted PS Ratio: 0.20 (As of Aug. 17, 2026) — 25% Above Median

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DLAKF Deutsche Lufthansa AG DLAKF
75 GF Score
Price $9.03
GF Value $8.29
Valuation Fairly Valued
! 2 Warning Signs
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What is Deutsche Lufthansa AG Cyclically Adjusted PS Ratio?

Deutsche Lufthansa AG DLAKF 75 Cyclically Adjusted PS Ratio is 0.20 as of Aug. 17, 2026, which is 25% above its 10-year median of 0.16. GuruFocus rates DLAKF with a GF Score™ of 75/100 and a GF Value™ of $8.29 (Fairly Valued). The stock has 2 warning signs investors should review. Among 764 Transportation companies, Deutsche Lufthansa AG ranks better than 87.96% on this metric.

As of today (2026-08-17), Deutsche Lufthansa AG's current share price is $9.03. Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $45.65. Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio for today is 0.20.

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

DLAKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.16   Max: 0.39
Current: 0.19

During the past years, Deutsche Lufthansa AG's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.10. And the median was 0.16.

DLAKF's Cyclically Adjusted PS Ratio is ranked better than
87.96% of 764 companies
in the Transportation industry
Industry Median: 0.905 vs DLAKF: 0.19

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.

Deutsche Lufthansa AG's adjusted revenue per share data for the three months ended in Jun. 2026 was $10.435. 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 $45.65 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Lufthansa AG  (OTCPK:DLAKF) 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.


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Related Terms


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Chart

Deutsche Lufthansa AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.16 0.17 0.13 0.19

Deutsche Lufthansa AG 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 0.16 0.16 0.19 0.16 0.23

DLAKF vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


DLAKF
75GF Score
Deutsche Lufthansa AG DLAKF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Lufthansa AG 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.

Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.03/45.65
=0.20

* 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.

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

For example, Deutsche Lufthansa AG'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)
=10.435/131.3638*131.3638
=10.435

Current CPI (Jun. 2026) = 131.3638.

Deutsche Lufthansa AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.216 101.017 19.787
201612 12.474 101.217 16.189
201703 12.522 101.417 16.220
201706 15.854 102.117 20.395
201709 17.806 102.717 22.772
201712 15.320 102.617 19.612
201803 14.266 102.917 18.209
201806 16.391 104.017 20.700
201809 17.531 104.718 21.992
201812 14.827 104.217 18.689
201903 13.301 104.217 16.766
201906 16.405 105.718 20.385
201909 16.730 106.018 20.730
201912 14.787 105.818 18.357
202003 10.622 105.718 13.199
202006 3.181 106.618 3.919
202009 3.897 105.818 4.838
202012 5.277 105.518 6.570
202103 5.099 107.518 6.230
202106 6.448 108.486 7.808
202109 9.108 109.435 10.933
202112 5.513 110.384 6.561
202203 4.608 113.968 5.311
202206 7.183 115.760 8.151
202209 7.899 118.818 8.733
202212 7.404 119.345 8.150
202303 6.284 122.402 6.744
202306 7.621 123.140 8.130
202309 9.200 124.195 9.731
202312 7.990 123.773 8.480
202403 6.715 125.038 7.055
202406 8.957 125.882 9.347
202409 10.013 126.198 10.423
202412 8.262 127.041 8.543
202503 7.332 127.779 7.538
202506 9.882 128.412 10.109
202509 11.022 129.255 11.202
202512 9.720 129.361 9.871
202603 8.431 131.258 8.438
202606 10.435 131.364 10.435

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 0.20 mean?
Deutsche Lufthansa AG (DLAKF) has a Cyclically Adjusted PS Ratio of 0.20 as of Aug. 17, 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 Deutsche Lufthansa AG and its competitors. This is 25% above median its historical median of 0.16. Over the past decade, Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.39. According to the industry distribution chart, Deutsche Lufthansa AG ranks #92 out of 764 companies in the Transportation industry, placing it in the top 12%.
Is Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio too high?
Deutsche Lufthansa AG's current Cyclically Adjusted PS Ratio of 0.20 is 25% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.39. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Deutsche Lufthansa AG's value of 0.20 is 77.9% below this industry median. Based on the distribution chart, Deutsche Lufthansa AG ranks #92 out of 764 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Deutsche Lufthansa AG has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Deutsche Lufthansa AG ranks #92 out of 764 companies for Cyclically Adjusted PS Ratio. This places Deutsche Lufthansa AG in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Deutsche Lufthansa AG's value of 0.20 is 77.9% below this benchmark. Historically, Deutsche Lufthansa AG's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.39 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.91, Deutsche Lufthansa AG has consistently been below 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 0.91, based on 764 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. Deutsche Lufthansa AG's current Cyclically Adjusted PS Ratio of 0.20 is 77.9% below 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 Deutsche Lufthansa AG and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Lufthansa AG's current Cyclically Adjusted PS Ratio is 0.20, which is 25% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Lufthansa AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Lufthansa AG (DLAKF) is currently considered Fairly Valued. The stock's GF Value™ is $8.29, compared to a current price of $9.03 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 25% above median its 10-year median of 0.16 and 77.9% below the Transportation industry median of 0.91. Deutsche Lufthansa AG's overall GF Score™ is 75/100 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 Deutsche Lufthansa AG (DLAKF), the current Cyclically Adjusted PS Ratio is 0.20 as of Aug. 17, 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 Deutsche Lufthansa AG (DLAKF) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Lufthansa AG stock appears to be overvalued. The current stock price of $9.03 is trading 8.9% above its estimated GF Value™ of $8.29. GuruFocus considers Deutsche Lufthansa AG to be Fairly Valued.

Key valuation signals for DLAKF:

  • Cyclically Adjusted PS Ratio: 0.20 (25% above median its 10-year median of 0.16)
  • GF Value™: $8.29 vs. price of $9.03 (8.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 77.9% below the Transportation median (#92 of 764)

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


Deutsche Lufthansa AG Business Description

Address Venloer Street 151-153, Cologne, NW, DEU, 50672
Lufthansa AG is a European airline group operating through three primary segments: passenger airlines, logistics (Lufthansa Cargo), and MRO (Lufthansa Technik). The passenger airlines segment includes Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and the equity interest in SunExpress. As of 2025, Lufthansa also holds a 41% stake in ITA Airways, with strategic integration underway.
75GF Score

Get the complete analysis for DLAKF

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

$9.03
Price
$8.29
GF Value