United Parcel Service (PFTS:UPS) Cyclically Adjusted PS Ratio: (As of Sep. 14, 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)
=1195.721/333.9520*333.9520
=1,195.721

Current CPI (Jun. 2026) = 333.9520.

United Parcel Service Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 751.685 241.428 1,039.758
201612 892.025 241.432 1,233.861
201703 786.322 243.801 1,077.083
201706 810.228 244.955 1,104.600
201709 824.625 246.819 1,115.737
201712 969.712 246.524 1,313.614
201803 876.565 249.554 1,173.015
201806 894.134 251.989 1,184.964
201809 893.520 252.439 1,182.039
201812 1,016.658 251.233 1,351.395
201903 879.984 254.202 1,156.059
201906 925.522 256.143 1,206.669
201909 938.288 256.759 1,220.378
201912 1,054.750 256.974 1,370.706
202003 924.855 258.115 1,196.587
202006 1,049.160 257.797 1,359.089
202009 1,085.362 260.280 1,392.573
202012 1,269.391 260.474 1,627.478
202103 1,165.361 264.877 1,469.265
202106 1,188.896 271.696 1,461.318
202109 1,175.376 274.310 1,430.933
202112 1,409.530 278.802 1,688.350
202203 1,235.909 287.504 1,435.578
202206 1,259.880 296.311 1,419.925
202209 1,234.741 296.808 1,389.263
202212 1,381.513 296.797 1,554.460
202303 1,181.056 301.836 1,306.723
202306 1,141.514 305.109 1,249.425
202309 1,093.878 307.789 1,186.861
202312 1,295.664 306.746 1,410.579
202403 1,128.694 312.332 1,206.824
202406 1,134.518 314.175 1,205.935
202409 1,159.427 315.301 1,228.011
202412 1,317.168 315.605 1,393.739
202503 1,129.601 319.799 1,179.593
202506 1,116.503 322.561 1,155.931
202509 1,125.381 324.800 1,157.091
202512 1,278.857 324.054 1,317.919
202603 1,111.566 330.213 1,124.152
202606 1,195.721 333.952 1,195.721

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.