JetBlue Airways (FRA:JAW) Cyclically Adjusted PS Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:JAW JetBlue Airways Corp FRA:JAW
69 GF Score
Price €4.69
GF Value €4.04
Valuation Modestly Overvalued
! 10 Warning Signs
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What is JetBlue Airways Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JetBlue Airways  (FRA:JAW) 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.


JetBlue Airways Cyclically Adjusted PS Ratio Related Terms


JetBlue Airways Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JetBlue Airways'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.

JetBlue Airways Cyclically Adjusted PS Ratio Chart

JetBlue Airways 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 0.67 0.27 0.22 0.30 0.17

JetBlue Airways 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 0.18 0.17 0.16 0.00

FRA:JAW vs ULCC, ALGT, RJET: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


FRA:JAW
69GF Score
JetBlue Airways Corp FRA:JAW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JetBlue Airways 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.

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

For example, JetBlue Airways'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)
=6.228/333.9520*333.9520
=6.228

Current CPI (Jun. 2026) = 333.9520.

JetBlue Airways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.497 241.428 6.220
201612 4.429 241.432 6.126
201703 4.423 243.801 6.059
201706 4.929 244.955 6.720
201709 4.653 246.819 6.296
201712 4.579 246.524 6.203
201803 4.414 249.554 5.907
201806 5.239 251.989 6.943
201809 5.546 252.439 7.337
201812 5.602 251.233 7.446
201903 5.395 254.202 7.088
201906 6.173 256.143 8.048
201909 6.401 256.759 8.325
201912 6.342 256.974 8.242
202003 5.184 258.115 6.707
202006 0.703 257.797 0.911
202009 1.533 260.280 1.967
202012 1.844 260.474 2.364
202103 1.947 264.877 2.455
202106 3.870 271.696 4.757
202109 5.217 274.310 6.351
202112 5.071 278.802 6.074
202203 4.918 287.504 5.713
202206 7.159 296.311 8.068
202209 7.962 296.808 8.958
202212 6.974 296.797 7.847
202303 6.637 301.836 7.343
202306 7.221 305.109 7.904
202309 6.615 307.789 7.177
202312 6.297 306.746 6.855
202403 5.983 312.332 6.397
202406 6.465 314.175 6.872
202409 6.143 315.301 6.506
202412 6.178 315.605 6.537
202503 5.597 319.799 5.845
202506 5.654 322.561 5.854
202509 5.439 324.800 5.592
202512 5.189 324.054 5.347
202603 5.225 330.213 5.284
202606 6.228 333.952 6.228

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.

Is JetBlue Airways (FRA:JAW) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of €4.69 is trading 16% above its estimated GF Value™ of €4.04. GuruFocus considers JetBlue Airways to be Modestly Overvalued.

Key valuation signals for FRA:JAW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.04 vs. price of €4.69 (16% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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


JetBlue Airways Business Description

Address 27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.
69GF Score

Get the complete analysis for FRA:JAW

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

€4.69
Price
€4.04
GF Value