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Fraport AG (FRA:FRAS) Cyclically Adjusted PS Ratio : 1.46 (As of Jun. 04, 2024)


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What is Fraport AG Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Fraport AG's current share price is €26.00. Fraport AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.80. Fraport AG's Cyclically Adjusted PS Ratio for today is 1.46.

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

FRA:FRAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.64   Max: 3.11
Current: 1.45

During the past years, Fraport AG's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 1.02. And the median was 1.64.

FRA:FRAS's Cyclically Adjusted PS Ratio is ranked worse than
65.72% of 738 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:FRAS: 1.45

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.

Fraport AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.915. 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 €17.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraport AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fraport 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.

* Premium members only.

Fraport AG Cyclically Adjusted PS Ratio Chart

Fraport AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 1.64 1.92 1.13 1.53

Fraport AG 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 1.34 1.40 1.41 1.53 1.34

Competitive Comparison of Fraport AG's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Fraport 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.


Fraport AG's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Fraport 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.00/17.8
=1.46

* 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.

Fraport AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fraport AG's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.915/125.0381*125.0381
=4.915

Current CPI (Mar. 2024) = 125.0381.

Fraport AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.245 99.543 4.076
201409 3.630 99.823 4.547
201412 3.239 99.543 4.069
201503 3.199 99.717 4.011
201506 3.599 100.417 4.481
201509 3.925 100.417 4.887
201512 3.399 99.717 4.262
201603 3.393 100.017 4.242
201606 3.525 100.717 4.376
201609 3.981 101.017 4.928
201612 3.367 101.217 4.159
201703 3.274 101.417 4.037
201706 4.118 102.117 5.042
201709 4.705 102.717 5.727
201712 3.802 102.617 4.633
201803 3.689 102.917 4.482
201806 4.585 104.017 5.512
201809 5.476 104.718 6.539
201812 5.019 104.217 6.022
201903 4.348 104.217 5.217
201906 5.279 105.718 6.244
201909 5.763 106.018 6.797
201912 4.587 105.818 5.420
202003 3.533 105.718 4.179
202006 1.345 106.618 1.577
202009 2.201 105.818 2.601
202012 1.915 105.518 2.269
202103 2.076 107.518 2.414
202106 2.296 108.486 2.646
202109 3.741 109.435 4.274
202112 3.421 110.384 3.875
202203 2.920 113.968 3.204
202206 4.361 115.760 4.711
202209 5.510 118.818 5.798
202212 4.488 119.345 4.702
202303 4.076 122.402 4.164
202306 5.621 123.140 5.708
202309 6.598 124.195 6.643
202312 5.306 123.773 5.360
202403 4.915 125.038 4.915

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.


Fraport AG  (FRA:FRAS) 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.


Fraport AG Cyclically Adjusted PS Ratio Related Terms

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


Fraport AG (FRA:FRAS) Business Description

Industry
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.

Fraport AG (FRA:FRAS) Headlines

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