Jet2 (DRTGF) Cyclically Adjusted PS Ratio: 0.66 (As of Jul. 14, 2026) — 27% Below Median

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DRTGF Jet2 PLC DRTGF
83 GF Score
Price $20.22
GF Value $27.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jet2 Cyclically Adjusted PS Ratio?

Jet2 DRTGF +11.22% 83 Cyclically Adjusted PS Ratio is 0.66 as of Jul. 14, 2026, which is 27% below its 10-year median of 0.90. GuruFocus rates DRTGF with a GF Score™ of 83/100 and a GF Value™ of $27.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 672 Travel & Leisure companies, Jet2 ranks better than 70.68% on this metric.

As of today (2026-07-14), Jet2's current share price is $20.22. Jet2's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was $30.83. Jet2's Cyclically Adjusted PS Ratio for today is 0.66.

The historical rank and industry rank for Jet2's Cyclically Adjusted PS Ratio or its related term are showing as below:

DRTGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.9   Max: 2
Current: 0.66

During the past 13 years, Jet2's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.40. And the median was 0.90.

DRTGF's Cyclically Adjusted PS Ratio is ranked better than
70.68% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.305 vs DRTGF: 0.66

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.

Jet2's adjusted revenue per share data of for the fiscal year that ended in Mar26 was $50.589. 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 $30.83 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jet2  (OTCPK:DRTGF) 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.


Jet2 Cyclically Adjusted PS Ratio Related Terms


Jet2 Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jet2'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.

Jet2 Cyclically Adjusted PS Ratio Chart

Jet2 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 0.93 0.89 0.85 0.63 0.49

Jet2 Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.85 0.00 0.63 0.00 0.49

DRTGF vs BKNG, ABNB, RCL: Cyclically Adjusted PS Ratio Comparison

For the Travel Services subindustry, Jet2'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.


Jet2 Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jet2's Cyclically Adjusted PS Ratio falls into.


DRTGF
83GF Score
Jet2 PLC DRTGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jet2 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.

Jet2's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.22/30.83
=0.66

* 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.

Jet2's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Jet2's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=50.589/140.8000*140.8000
=50.589

Current CPI (Mar26) = 140.8000.

Jet2 Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 14.331 102.700 19.648
201803 22.294 105.100 29.867
201903 26.185 107.000 34.457
202003 29.755 108.600 38.577
202103 3.057 109.700 3.924
202203 7.562 116.500 9.139
202303 25.368 126.800 28.169
202403 32.831 131.600 35.126
202503 42.987 136.100 44.471
202603 50.589 140.800 50.589

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 0.66 mean?
Jet2 (DRTGF) has a Cyclically Adjusted PS Ratio of 0.66 as of Jul. 14, 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 Jet2 and its competitors. This is 27% below median its historical median of 0.90. Over the past decade, Jet2's Cyclically Adjusted PS Ratio has ranged from 0.40 to 2.00. According to the industry distribution chart, Jet2 ranks #197 out of 672 companies in the Travel & Leisure industry, placing it in the top 29.3%.
Is Jet2's Cyclically Adjusted PS Ratio too high?
Jet2's current Cyclically Adjusted PS Ratio of 0.66 is 27% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.00. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.31. Jet2's value of 0.66 is 49.4% below this industry median. Based on the distribution chart, Jet2 ranks #197 out of 672 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Jet2 has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet2's Cyclically Adjusted PS Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Jet2 ranks #197 out of 672 companies for Cyclically Adjusted PS Ratio. This puts Jet2 in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.31. Jet2's value of 0.66 is 49.4% below this benchmark. Historically, Jet2's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 2.00 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.31, Jet2 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.31, based on 672 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. Jet2's current Cyclically Adjusted PS Ratio of 0.66 is 49.4% 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 Jet2 and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet2's current Cyclically Adjusted PS Ratio is 0.66, which is 27% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet2 stock overvalued right now?
Based on GuruFocus' analysis, Jet2 (DRTGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.59, compared to a current price of $20.22 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.66, which is 27% below median its 10-year median of 0.90 and 49.4% below the Travel & Leisure industry median of 1.31. Jet2's overall GF Score™ is 83/100 with 4 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 Jet2 (DRTGF), the current Cyclically Adjusted PS Ratio is 0.66 as of Jul. 14, 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 Jet2 (DRTGF) Overvalued in 2026?

Based on GuruFocus' analysis, Jet2 stock appears to be undervalued. The current stock price of $20.22 is trading 26.7% below its estimated GF Value™ of $27.59. GuruFocus considers Jet2 to be Modestly Undervalued.

Key valuation signals for DRTGF:

  • Cyclically Adjusted PS Ratio: 0.66 (27% below median its 10-year median of 0.90)
  • GF Value™: $27.59 vs. price of $20.22 (26.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 49.4% below the Travel & Leisure median (#197 of 672)

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


Jet2 Business Description

Other Exchanges JET2l:UKJET2:UKDG1:Germany
Address Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. The company generates the majority of its revenue from Package holidays sales.
83GF Score

Get the complete analysis for DRTGF

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

$20.22
Price
$27.59
GF Value