JetBlue Airways (MIL:1JAM) Cyclically Adjusted PS Ratio: 0.21 (As of Jul. 17, 2026) — 68% Below Median

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MIL:1JAM JetBlue Airways Corp MIL:1JAM
48 GF Score
Price €4.63
GF Value €4.22
Valuation Fairly Valued
! 9 Warning Signs
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What is JetBlue Airways Cyclically Adjusted PS Ratio?

JetBlue Airways MIL:1JAM 48 Cyclically Adjusted PS Ratio is 0.21 as of Jul. 17, 2026, which is 68% below its 10-year median of 0.65. GuruFocus rates MIL:1JAM with a GF Score™ of 48/100 and a GF Value™ of €4.22 (Fairly Valued). The stock has 9 warning signs investors should review. Among 757 Transportation companies, JetBlue Airways ranks better than 86.53% on this metric.

As of today (2026-07-17), JetBlue Airways's current share price is €4.626. JetBlue Airways's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €22.46. JetBlue Airways's Cyclically Adjusted PS Ratio for today is 0.21.

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

MIL:1JAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.65   Max: 1.42
Current: 0.21

During the past years, JetBlue Airways's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.14. And the median was 0.65.

MIL:1JAM's Cyclically Adjusted PS Ratio is ranked better than
86.53% of 757 companies
in the Transportation industry
Industry Median: 0.9 vs MIL:1JAM: 0.21

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.

JetBlue Airways's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.225. 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 €22.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JetBlue Airways  (MIL:1JAM) 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
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 0.18 0.16 0.18 0.17 0.16

MIL:1JAM 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.


MIL:1JAM
48GF Score
JetBlue Airways Corp MIL:1JAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.626/22.46
=0.21

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

For example, JetBlue Airways'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)
=5.225/330.2130*330.2130
=5.225

Current CPI (Mar. 2026) = 330.2130.

JetBlue Airways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.267 241.018 5.846
201609 4.497 241.428 6.151
201612 4.429 241.432 6.058
201703 4.423 243.801 5.991
201706 4.929 244.955 6.645
201709 4.653 246.819 6.225
201712 4.579 246.524 6.133
201803 4.414 249.554 5.841
201806 5.239 251.989 6.865
201809 5.546 252.439 7.255
201812 5.602 251.233 7.363
201903 5.395 254.202 7.008
201906 6.173 256.143 7.958
201909 6.401 256.759 8.232
201912 6.342 256.974 8.150
202003 5.184 258.115 6.632
202006 0.703 257.797 0.900
202009 1.533 260.280 1.945
202012 1.844 260.474 2.338
202103 1.947 264.877 2.427
202106 3.870 271.696 4.704
202109 5.217 274.310 6.280
202112 5.071 278.802 6.006
202203 4.918 287.504 5.649
202206 7.159 296.311 7.978
202209 7.962 296.808 8.858
202212 6.974 296.797 7.759
202303 6.637 301.836 7.261
202306 7.221 305.109 7.815
202309 6.615 307.789 7.097
202312 6.297 306.746 6.779
202403 5.983 312.332 6.326
202406 6.465 314.175 6.795
202409 6.143 315.301 6.434
202412 6.178 315.605 6.464
202503 5.597 319.799 5.779
202506 5.654 322.561 5.788
202509 5.439 324.800 5.530
202512 5.189 324.054 5.288
202603 5.225 330.213 5.225

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 0.21 mean?
JetBlue Airways (MIL:1JAM) has a Cyclically Adjusted PS Ratio of 0.21 as of Jul. 17, 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 JetBlue Airways and its competitors. This is 68% below median its historical median of 0.65. Over the past decade, JetBlue Airways' Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.42. According to the industry distribution chart, JetBlue Airways ranks #102 out of 757 companies in the Transportation industry, placing it in the top 13.5%.
Is JetBlue Airways' Cyclically Adjusted PS Ratio too high?
JetBlue Airways' current Cyclically Adjusted PS Ratio of 0.21 is 68% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.42. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. JetBlue Airways' value of 0.21 is 76.7% below this industry median. Based on the distribution chart, JetBlue Airways ranks #102 out of 757 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, JetBlue Airways has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' Cyclically Adjusted PS Ratio compare to ULCC and ALGT?
According to the Transportation industry distribution chart, JetBlue Airways ranks #102 out of 757 companies for Cyclically Adjusted PS Ratio. This places JetBlue Airways in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.90. JetBlue Airways' value of 0.21 is 76.7% below this benchmark. Historically, JetBlue Airways' own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.42 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.90, JetBlue Airways 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. JetBlue Airways's current Cyclically Adjusted PS Ratio of 0.21 is 76.7% 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 JetBlue Airways 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. JetBlue Airways's current Cyclically Adjusted PS Ratio is 0.21, which is 68% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JetBlue Airways stock overvalued right now?
Based on GuruFocus' analysis, JetBlue Airways (MIL:1JAM) is currently considered Fairly Valued. The stock's GF Value™ is €4.22, compared to a current price of €4.63 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 68% below median its 10-year median of 0.65 and 76.7% below the Transportation industry median of 0.90. JetBlue Airways' overall GF Score™ is 48/100 with 9 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 JetBlue Airways (MIL:1JAM), the current Cyclically Adjusted PS Ratio is 0.21 as of Jul. 17, 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 JetBlue Airways (MIL:1JAM) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of €4.63 is trading 9.6% above its estimated GF Value™ of €4.22. GuruFocus considers JetBlue Airways to be Fairly Valued.

Key valuation signals for MIL:1JAM:

  • Cyclically Adjusted PS Ratio: 0.21 (68% below median its 10-year median of 0.65)
  • GF Value™: €4.22 vs. price of €4.63 (9.6% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 76.7% below the Transportation median (#102 of 757)

No single metric tells the full story. See the MIL:1JAM 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.
48GF Score

Get the complete analysis for MIL:1JAM

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

€4.63
Price
€4.22
GF Value