SKYW (SkyWest) Cyclically Adjusted PS Ratio: 1.30 (As of Aug. 22, 2026) — 71% Above Median

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SKYW SkyWest Inc SKYW
87 GF Score
Price $101.08
GF Value $110.29
Valuation Fairly Valued
! 3 Warning Signs
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What is SkyWest Cyclically Adjusted PS Ratio?

SkyWest SKYW +0.33% 87 Cyclically Adjusted PS Ratio is 1.30 as of Aug. 22, 2026, which is 71% above its 10-year median of 0.76. GuruFocus rates SKYW with a GF Score™ of 87/100 and a GF Value™ of $110.29 (Fairly Valued). The stock has 3 warning signs investors should review. Among 763 Transportation companies, SkyWest ranks worse than 60.16% on this metric.

As of today (2026-08-22), SkyWest's current share price is $101.08. SkyWest's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $78.05. SkyWest's Cyclically Adjusted PS Ratio for today is 1.30.

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

SKYW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.76   Max: 1.7
Current: 1.3

During the past years, SkyWest's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 0.23. And the median was 0.76.

SKYW's Cyclically Adjusted PS Ratio is ranked worse than
60.16% of 763 companies
in the Transportation industry
Industry Median: 0.9 vs SKYW: 1.30

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.

SkyWest's adjusted revenue per share data for the three months ended in Jun. 2026 was $27.835. 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 $78.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SkyWest  (NAS:SKYW) 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.


SkyWest Cyclically Adjusted PS Ratio Related Terms


SkyWest Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SkyWest'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.

SkyWest Cyclically Adjusted PS Ratio Chart

SkyWest 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 0.59 0.24 0.76 1.41 1.35

SkyWest 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 1.40 1.35 1.35 1.20 1.27

SKYW vs ALK, CPA, ALGT: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, SkyWest'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.


SkyWest Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


SKYW
87GF Score
SkyWest Inc SKYW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyWest 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.

SkyWest's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.08/78.05
=1.30

* 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.

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

For example, SkyWest'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)
=27.835/333.9520*333.9520
=27.835

Current CPI (Jun. 2026) = 333.9520.

SkyWest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.242 241.428 21.083
201612 13.535 241.432 18.722
201703 14.044 243.801 19.237
201706 14.941 244.955 20.369
201709 15.310 246.819 20.715
201712 14.514 246.524 19.661
201803 14.772 249.554 19.768
201806 15.223 251.989 20.174
201809 15.652 252.439 20.706
201812 15.288 251.233 20.322
201903 13.891 254.202 18.249
201906 14.460 256.143 18.853
201909 14.870 256.759 19.341
201912 14.639 256.974 19.024
202003 14.437 258.115 18.679
202006 6.981 257.797 9.043
202009 9.037 260.280 11.595
202012 11.750 260.474 15.065
202103 10.538 264.877 13.286
202106 12.952 271.696 15.920
202109 14.683 274.310 17.875
202112 15.288 278.802 18.312
202203 14.498 287.504 16.840
202206 15.803 296.311 17.810
202209 15.591 296.808 17.542
202212 13.445 296.797 15.128
202303 14.007 301.836 15.497
202306 16.410 305.109 17.961
202309 17.994 307.789 19.524
202312 17.996 306.746 19.592
202403 19.368 312.332 20.709
202406 20.929 314.175 22.246
202409 21.963 315.301 23.262
202412 22.646 315.605 23.962
202503 22.800 319.799 23.809
202506 25.035 322.561 25.919
202509 25.368 324.800 26.083
202512 24.824 324.054 25.582
202603 24.913 330.213 25.195
202606 27.835 333.952 27.835

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 1.30 mean?
SkyWest (SKYW) has a Cyclically Adjusted PS Ratio of 1.30 as of Aug. 22, 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 SkyWest and its competitors. This is 71% above median its historical median of 0.76. Over the past decade, SkyWest's Cyclically Adjusted PS Ratio has ranged from 0.23 to 1.70. According to the industry distribution chart, SkyWest ranks #459 out of 763 companies in the Transportation industry, placing it in the top 60.2%.
Is SkyWest's Cyclically Adjusted PS Ratio too high?
SkyWest's current Cyclically Adjusted PS Ratio of 1.30 is 71% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.70. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. SkyWest's value of 1.30 is 44.4% above this industry median. Based on the distribution chart, SkyWest ranks #459 out of 763 companies in the Transportation industry, which is below the industry midpoint. Overall, SkyWest has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SkyWest's Cyclically Adjusted PS Ratio compare to ALK and CPA?
According to the Transportation industry distribution chart, SkyWest ranks #459 out of 763 companies for Cyclically Adjusted PS Ratio. This places SkyWest in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. SkyWest's value of 1.30 is 44.4% above this benchmark. Historically, SkyWest's own Cyclically Adjusted PS Ratio has ranged from 0.23 to 1.70 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.90, SkyWest 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 0.90, based on 763 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. SkyWest's current Cyclically Adjusted PS Ratio of 1.30 is 44.4% 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 SkyWest 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. SkyWest's current Cyclically Adjusted PS Ratio is 1.30, which is 71% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyWest stock overvalued right now?
Based on GuruFocus' analysis, SkyWest (SKYW) is currently considered Fairly Valued. The stock's GF Value™ is $110.29, compared to a current price of $101.08 — trading 8.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.30, which is 71% above median its 10-year median of 0.76 and 44.4% above the Transportation industry median of 0.90. SkyWest's overall GF Score™ is 87/100 with 3 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 SkyWest (SKYW), the current Cyclically Adjusted PS Ratio is 1.30 as of Aug. 22, 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 SkyWest (SKYW) Overvalued in 2026?

Based on GuruFocus' analysis, SkyWest stock appears to be undervalued. The current stock price of $101.08 is trading 8.4% below its estimated GF Value™ of $110.29. GuruFocus considers SkyWest to be Fairly Valued.

Key valuation signals for SKYW:

  • Cyclically Adjusted PS Ratio: 1.30 (71% above median its 10-year median of 0.76)
  • GF Value™: $110.29 vs. price of $101.08 (8.4% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 44.4% above the Transportation median (#459 of 763)

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


SkyWest Business Description

Other Exchanges 1SKYW:ItalySY2:Germany
Address 444 South River Road, St. George, UT, USA, 84790
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. SkyWest generally provides regional flights and utilizes smaller, lower-cost aircraft to carry passengers who book tickets through partner airlines. It partners with carriers to fly and operate aircraft for a fee and may use the carriers' brands and ground support to coordinate marketing and transport passengers. The company has two reportable segments: SkyWest Airlines and SWC, which generate maximum revenue, and SkyWest Leasing activities.
87GF Score

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

$101.08
Price
$110.29
GF Value