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Ryanair HoldingsFRA:RY4D -2.65%92 Cyclically Adjusted PS Ratio is 2.96 as of Jul. 20, 2026, which is 1% above its 10-year median of 2.92. GuruFocus rates FRA:RY4D with a GF Score™ of 92/100 and a GF Value™ of €53.14 (Fairly Valued). The stock has 1 warning sign investors should review. Among 759 Transportation companies, Ryanair Holdings ranks worse than 82.48% on this metric.
The historical rank and industry rank for Ryanair Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:RY4D'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76 Med: 2.92 Max: 5.56
Current: 2.88
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.
FRA:RY4D's Cyclically Adjusted PS Ratio is ranked worse than 82.48% of 759
companies
in the Transportation industry
Industry Median: 0.89
vs FRA:RY4D: 2.88
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 Mar. 2026 was €4.753. 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 €18.57 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ryanair Holdings (FRA:RY4D) 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
FRA:RY4D 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.
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
* 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.
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 2.96 mean?
Ryanair Holdings (FRA:RY4D) has a Cyclically Adjusted PS Ratio of 2.96 as of Jul. 20, 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 near 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 #626 out of 759 companies in the Transportation industry, placing it in the top 82.5%.
Is Ryanair Holdings' Cyclically Adjusted PS Ratio too high?
Ryanair Holdings' current Cyclically Adjusted PS Ratio of 2.96 is near 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 2.96 is 232.6% above this industry median. Based on the distribution chart, Ryanair Holdings ranks #626 out of 759 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ryanair Holdings has a GF Score™ of 92/100 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 #626 out of 759 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 2.96 is 232.6% 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 759 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 2.96 is 232.6% 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 2.96, which is near 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 (FRA:RY4D) is currently considered Fairly Valued. The stock's GF Value™ is €53.14, compared to a current price of €55.00 — trading 3.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.96, which is near median its 10-year median of 2.92 and 232.6% above the Transportation industry median of 0.89. Ryanair Holdings' overall GF Score™ is 92/100 with 1 warning sign 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 (FRA:RY4D), the current Cyclically Adjusted PS Ratio is 2.96 as of Jul. 20, 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 (FRA:RY4D) Overvalued in 2026?
Based on GuruFocus' analysis, Ryanair Holdings stock appears to be overvalued.
The current stock price of €55.00 is trading 3.5% above its estimated GF Value™ of €53.14.
GuruFocus considers Ryanair Holdings to be Fairly Valued.
Key valuation signals for FRA:RY4D:
Cyclically Adjusted PS Ratio: 2.96 (near median its 10-year median of 2.92)
GF Value™: €53.14 vs. price of €55.00 (3.5% above fair value)
Industry Position: 232.6% above the Transportation median (#626 of 759)
No single metric tells the full story. See the FRA:RY4D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
92GF Score
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