American Airlines Group (MEX:AAL) Cyclically Adjusted PS Ratio: 0.17 (As of Jul. 16, 2026) — 11% Below Median

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MEX:AAL American Airlines Group Inc MEX:AAL
71 GF Score
Price MXN276.00
GF Value MXN267.88
Valuation Fairly Valued
! 5 Warning Signs
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What is American Airlines Group Cyclically Adjusted PS Ratio?

American Airlines Group MEX:AAL +0.18% 71 Cyclically Adjusted PS Ratio is 0.17 as of Jul. 16, 2026, which is 11% below its 10-year median of 0.19. GuruFocus rates MEX:AAL with a GF Score™ of 71/100 and a GF Value™ of MXN267.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 757 Transportation companies, American Airlines Group ranks better than 89.56% on this metric.

As of today (2026-07-16), American Airlines Group's current share price is MXN276.00. American Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,619.01. American Airlines Group's Cyclically Adjusted PS Ratio for today is 0.17.

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

MEX:AAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.19   Max: 0.39
Current: 0.17

During the past years, American Airlines Group's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.07. And the median was 0.19.

MEX:AAL's Cyclically Adjusted PS Ratio is ranked better than
89.56% of 757 companies
in the Transportation industry
Industry Median: 0.9 vs MEX:AAL: 0.17

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.

American Airlines Group's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN379.429. 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 MXN1,619.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Airlines Group  (MEX:AAL) 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.


American Airlines Group Cyclically Adjusted PS Ratio Related Terms


American Airlines Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for American Airlines Group'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.

American Airlines Group Cyclically Adjusted PS Ratio Chart

American Airlines Group 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 0.18 0.15 0.16 0.20 0.17

American Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.12 0.13 0.13 0.17 0.12

MEX:AAL vs CPA, ALK, SKYW: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, American Airlines Group'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.


American Airlines Group Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


MEX:AAL
71GF Score
American Airlines Group Inc MEX:AAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Airlines Group 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.

American Airlines Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=276.00/1619.01
=0.17

* 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.

American Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, American Airlines Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=379.429/330.2130*330.2130
=379.429

Current CPI (Mar. 2026) = 330.2130.

American Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 338.577 241.018 463.876
201609 387.581 241.428 530.114
201612 387.832 241.432 530.448
201703 364.123 243.801 493.182
201706 411.671 244.955 554.955
201709 408.924 246.819 547.089
201712 434.717 246.524 582.293
201803 398.150 249.554 526.837
201806 492.403 251.989 645.258
201809 468.489 252.439 612.826
201812 464.950 251.233 611.116
201903 452.791 254.202 588.184
201906 515.586 256.143 664.680
201909 531.524 256.759 683.583
201912 489.748 256.974 629.329
202003 469.001 258.115 600.005
202006 87.310 257.797 111.836
202009 137.697 260.280 174.694
202012 140.083 260.474 177.589
202103 129.099 264.877 160.943
202106 226.788 271.696 275.633
202109 255.734 274.310 307.851
202112 298.083 278.802 353.049
202203 272.805 287.504 313.330
202206 375.799 296.311 418.796
202209 378.204 296.808 420.770
202212 383.721 296.797 426.924
202303 334.558 301.836 366.011
202306 334.968 305.109 362.529
202309 359.020 307.789 385.176
202312 308.452 306.746 332.050
202403 318.085 312.332 336.295
202406 364.570 314.175 383.181
202409 408.737 315.301 428.068
202412 313.452 315.605 327.960
202503 389.708 319.799 402.399
202506 410.362 322.561 420.097
202509 380.325 324.800 386.663
202512 380.841 324.054 388.079
202603 379.429 330.213 379.429

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 0.17 mean?
American Airlines Group (MEX:AAL) has a Cyclically Adjusted PS Ratio of 0.17 as of Jul. 16, 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 American Airlines Group and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, American Airlines Group's Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.39. According to the industry distribution chart, American Airlines Group ranks #79 out of 757 companies in the Transportation industry, placing it in the top 10.4%.
Is American Airlines Group's Cyclically Adjusted PS Ratio too high?
American Airlines Group's current Cyclically Adjusted PS Ratio of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.39. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. American Airlines Group's value of 0.17 is 81.1% below this industry median. Based on the distribution chart, American Airlines Group ranks #79 out of 757 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, American Airlines Group has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American Airlines Group's Cyclically Adjusted PS Ratio compare to CPA and ALK?
According to the Transportation industry distribution chart, American Airlines Group ranks #79 out of 757 companies for Cyclically Adjusted PS Ratio. This places American Airlines Group in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.90. American Airlines Group's value of 0.17 is 81.1% below this benchmark. Historically, American Airlines Group's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.39 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.90, American Airlines Group 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 0.90, based on 757 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. American Airlines Group's current Cyclically Adjusted PS Ratio of 0.17 is 81.1% 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 American Airlines Group and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Airlines Group's current Cyclically Adjusted PS Ratio is 0.17, which is 11% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, American Airlines Group (MEX:AAL) is currently considered Fairly Valued. The stock's GF Value™ is MXN267.88, compared to a current price of MXN276.00 — trading 3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.17, which is 11% below median its 10-year median of 0.19 and 81.1% below the Transportation industry median of 0.90. American Airlines Group's overall GF Score™ is 71/100 with 5 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 American Airlines Group (MEX:AAL), the current Cyclically Adjusted PS Ratio is 0.17 as of Jul. 16, 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 American Airlines Group (MEX:AAL) Overvalued in 2026?

Based on GuruFocus' analysis, American Airlines Group stock appears to be overvalued. The current stock price of MXN276.00 is trading 3% above its estimated GF Value™ of MXN267.88. GuruFocus considers American Airlines Group to be Fairly Valued.

Key valuation signals for MEX:AAL:

  • Cyclically Adjusted PS Ratio: 0.17 (11% below median its 10-year median of 0.19)
  • GF Value™: MXN267.88 vs. price of MXN276.00 (3% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 81.1% below the Transportation median (#79 of 757)

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


American Airlines Group Business Description

Address 1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Dallas/Fort Worth, Charlotte, Chicago, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest average fleet of US legacy carriers.
71GF Score

Get the complete analysis for MEX:AAL

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

MXN276.00
Price
MXN267.88
GF Value