United Parcel Service (PFTS:UPS) Cyclically Adjusted PS Ratio: (As of Jul. 27, 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
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 1.01 0.92 0.75 0.89 0.86

PFTS:UPS vs FDX, JBHT, FDXF: 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 Mar. 2026 is calculated as:

For example, United Parcel Service'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)
=1120.376/330.2130*330.2130
=1,120.376

Current CPI (Mar. 2026) = 330.2130.

United Parcel Service Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 738.296 241.018 1,011.522
201609 757.642 241.428 1,036.264
201612 899.095 241.432 1,229.716
201703 792.554 243.801 1,073.464
201706 816.650 244.955 1,100.890
201709 831.161 246.819 1,111.990
201712 977.397 246.524 1,309.200
201803 883.513 249.554 1,169.076
201806 901.221 251.989 1,180.984
201809 900.601 252.439 1,178.067
201812 1,024.716 251.233 1,346.855
201903 886.959 254.202 1,152.176
201906 932.857 256.143 1,202.615
201909 945.725 256.759 1,216.279
201912 1,063.110 256.974 1,366.102
202003 932.185 258.115 1,192.568
202006 1,057.476 257.797 1,354.524
202009 1,093.964 260.280 1,387.894
202012 1,279.452 260.474 1,622.011
202103 1,174.597 264.877 1,464.329
202106 1,198.319 271.696 1,456.409
202109 1,184.692 274.310 1,426.126
202112 1,420.702 278.802 1,682.679
202203 1,245.705 287.504 1,430.756
202206 1,269.865 296.311 1,415.155
202209 1,244.527 296.808 1,384.595
202212 1,392.463 296.797 1,549.239
202303 1,190.417 301.836 1,302.334
202306 1,150.561 305.109 1,245.228
202309 1,102.548 307.789 1,182.874
202312 1,305.933 306.746 1,405.841
202403 1,137.640 312.332 1,202.770
202406 1,143.510 314.175 1,201.884
202409 1,168.617 315.301 1,223.886
202412 1,327.608 315.605 1,389.057
202503 1,138.554 319.799 1,175.630
202506 1,125.352 322.561 1,152.048
202509 1,134.300 324.800 1,153.204
202512 1,288.993 324.054 1,313.492
202603 1,120.376 330.213 1,120.376

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.