Delta Air Lines (MEX:DAL) Cyclically Adjusted PS Ratio: 1.17 (As of Jul. 06, 2026) — 52% Above Median


MEX:DAL Delta Air Lines Inc MEX:DAL
67 GF Score
Price MXN1,650.00
GF Value MXN923.88
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Delta Air Lines Cyclically Adjusted PS Ratio?

Delta Air Lines MEX:DAL 67 Cyclically Adjusted PS Ratio is 1.17 as of Jul. 06, 2026, which is 52% above its 10-year median of 0.77. GuruFocus rates MEX:DAL with a GF Score™ of 67/100 and a GF Value™ of MXN923.88 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 752 Transportation companies, Delta Air Lines ranks worse than 57.18% on this metric.

As of today (2026-07-06), Delta Air Lines's current share price is MXN1650.00. Delta Air Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,406.17. Delta Air Lines's Cyclically Adjusted PS Ratio for today is 1.17.

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

MEX:DAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.77   Max: 1.22
Current: 1.15

During the past years, Delta Air Lines's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.35. And the median was 0.77.

MEX:DAL's Cyclically Adjusted PS Ratio is ranked worse than
57.18% of 752 companies
in the Transportation industry
Industry Median: 0.91 vs MEX:DAL: 1.15

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.

Delta Air Lines's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN438.482. 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 MXN1,406.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Air Lines  (MEX:DAL) 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.


Delta Air Lines Cyclically Adjusted PS Ratio Related Terms


Delta Air Lines Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Delta Air Lines'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.

Delta Air Lines Cyclically Adjusted PS Ratio Chart

Delta Air Lines 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 0.68 0.52 0.59 0.82 0.88

Delta Air Lines 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 0.58 0.64 0.73 0.88 0.82

MEX:DAL vs UAL, LUV, AAL: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Delta Air Lines'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.


Delta Air Lines Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


MEX:DAL
67GF Score
Delta Air Lines Inc MEX:DAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Air Lines 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.

Delta Air Lines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1650.00/1406.17
=1.17

* 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.

Delta Air Lines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Delta Air Lines'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)
=438.482/330.2130*330.2130
=438.482

Current CPI (Mar. 2026) = 330.2130.

Delta Air Lines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 253.213 241.018 346.921
201609 272.438 241.428 372.627
201612 260.353 241.432 356.092
201703 234.422 243.801 317.510
201706 265.749 244.955 358.244
201709 279.186 246.819 373.516
201712 282.522 246.524 378.431
201803 256.508 249.554 339.415
201806 331.955 251.989 435.003
201809 324.972 252.439 425.093
201812 307.911 251.233 404.709
201903 304.552 254.202 395.619
201906 369.329 256.143 476.129
201909 382.654 256.759 492.124
201912 334.999 256.974 430.476
202003 316.272 258.115 404.615
202006 53.361 257.797 68.350
202009 106.524 260.280 135.145
202012 124.262 260.474 157.532
202103 133.381 264.877 166.281
202106 220.950 271.696 268.537
202109 293.642 274.310 353.485
202112 303.070 278.802 358.956
202203 292.195 287.504 335.601
202206 433.871 296.311 483.512
202209 438.545 296.808 487.902
202212 408.625 296.797 454.632
202303 359.908 301.836 393.745
202306 415.993 305.109 450.220
202309 418.919 307.789 449.439
202312 375.466 306.746 404.190
202403 353.745 312.332 373.997
202406 470.951 314.175 494.992
202409 477.102 315.301 499.666
202412 498.454 315.605 521.525
202503 440.542 319.799 454.888
202506 480.780 322.561 492.185
202509 467.665 324.800 475.459
202512 438.577 324.054 446.913
202603 438.482 330.213 438.482

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 1.17 mean?
Delta Air Lines (MEX:DAL) has a Cyclically Adjusted PS Ratio of 1.17 as of Jul. 06, 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 Delta Air Lines and its competitors. This is 52% above median its historical median of 0.77. Over the past decade, Delta Air Lines' Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.22. According to the industry distribution chart, Delta Air Lines ranks #430 out of 752 companies in the Transportation industry, placing it in the top 57.2%.
Is Delta Air Lines' Cyclically Adjusted PS Ratio too high?
Delta Air Lines' current Cyclically Adjusted PS Ratio of 1.17 is 52% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.22. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Delta Air Lines' value of 1.17 is 28.6% above this industry median. Based on the distribution chart, Delta Air Lines ranks #430 out of 752 companies in the Transportation industry, which is below the industry midpoint. Overall, Delta Air Lines has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' Cyclically Adjusted PS Ratio compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #430 out of 752 companies for Cyclically Adjusted PS Ratio. This places Delta Air Lines in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Delta Air Lines' value of 1.17 is 28.6% above this benchmark. Historically, Delta Air Lines' own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.22 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.91, Delta Air Lines 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 0.91, based on 752 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. Delta Air Lines's current Cyclically Adjusted PS Ratio of 1.17 is 28.6% 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 Delta Air Lines and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Air Lines's current Cyclically Adjusted PS Ratio is 1.17, which is 52% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Air Lines stock overvalued right now?
Based on GuruFocus' analysis, Delta Air Lines (MEX:DAL) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN923.88, compared to a current price of MXN1,650.00 — trading 78.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.17, which is 52% above median its 10-year median of 0.77 and 28.6% above the Transportation industry median of 0.91. Delta Air Lines' overall GF Score™ is 67/100 with 10 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 Delta Air Lines (MEX:DAL), the current Cyclically Adjusted PS Ratio is 1.17 as of Jul. 06, 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 Delta Air Lines (MEX:DAL) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Air Lines stock appears to be overvalued. The current stock price of MXN1,650.00 is trading 78.6% above its estimated GF Value™ of MXN923.88. GuruFocus considers Delta Air Lines to be Significantly Overvalued.

Key valuation signals for MEX:DAL:

  • Cyclically Adjusted PS Ratio: 1.17 (52% above median its 10-year median of 0.77)
  • GF Value™: MXN923.88 vs. price of MXN1,650.00 (78.6% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 28.6% above the Transportation median (#430 of 752)

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


Delta Air Lines Business Description

Address Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.
67GF Score

Get the complete analysis for MEX:DAL

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

MXN1,650.00
Price
MXN923.88
GF Value