United Parcel Service (PFTS:UPS) Cyclically Adjusted PS Ratio: (As of Sep. 09, 2026)

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What is United Parcel Service Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service  (PFTS:UPS) 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.


United Parcel Service Cyclically Adjusted PS Ratio Related Terms


United Parcel Service Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for United Parcel Service'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.

United Parcel Service Cyclically Adjusted PS Ratio Chart

United Parcel Service 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 2.50 1.82 1.55 1.18 0.89

United Parcel Service 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 0.92 0.75 0.89 0.86 0.93

PFTS:UPS vs FDX, EXPD, JBHT: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service Cyclically Adjusted PS Ratio vs Transportation Industry

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

* The bar in red indicates where United Parcel Service's Cyclically Adjusted PS Ratio falls into.



United Parcel Service 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.

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

For example, United Parcel Service'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)
=1198.2/333.9520*333.9520
=1,198.200

Current CPI (Jun. 2026) = 333.9520.

United Parcel Service Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 753.243 241.428 1,041.913
201612 893.874 241.432 1,236.419
201703 787.952 243.801 1,079.315
201706 811.908 244.955 1,106.890
201709 826.335 246.819 1,118.051
201712 971.722 246.524 1,316.336
201803 878.382 249.554 1,175.447
201806 895.988 251.989 1,187.421
201809 895.372 252.439 1,184.489
201812 1,018.766 251.233 1,354.197
201903 881.808 254.202 1,158.455
201906 927.440 256.143 1,209.170
201909 940.233 256.759 1,222.908
201912 1,056.937 256.974 1,373.548
202003 926.772 258.115 1,199.068
202006 1,051.336 257.797 1,361.908
202009 1,087.612 260.280 1,395.460
202012 1,272.023 260.474 1,630.852
202103 1,167.777 264.877 1,472.312
202106 1,191.361 271.696 1,464.348
202109 1,177.813 274.310 1,433.900
202112 1,412.452 278.802 1,691.850
202203 1,238.471 287.504 1,438.553
202206 1,262.492 296.311 1,422.869
202209 1,237.300 296.808 1,392.142
202212 1,384.377 296.797 1,557.682
202303 1,183.505 301.836 1,309.432
202306 1,143.880 305.109 1,252.015
202309 1,096.146 307.789 1,189.322
202312 1,298.350 306.746 1,413.504
202403 1,131.034 312.332 1,209.326
202406 1,136.870 314.175 1,208.435
202409 1,161.831 315.301 1,230.557
202412 1,319.899 315.605 1,396.628
202503 1,131.943 319.799 1,182.038
202506 1,118.817 322.561 1,158.327
202509 1,127.714 324.800 1,159.490
202512 1,281.508 324.054 1,320.651
202603 1,113.870 330.213 1,126.482
202606 1,198.200 333.952 1,198.200

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.


United Parcel Service Business Description

Address 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.