SkyWest (STU:SY2) Cyclically Adjusted PS Ratio: 1.27 (As of Jul. 23, 2026) — 69% Above Median

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STU:SY2 SkyWest Inc STU:SY2
85 GF Score
Price €83.68
GF Value €94.68
! 2 Warning Signs
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What is SkyWest Cyclically Adjusted PS Ratio?

SkyWest STU:SY2 +0.38% 85 Cyclically Adjusted PS Ratio is 1.27 as of Jul. 23, 2026, which is 69% above its 10-year median of 0.75. GuruFocus rates STU:SY2 with a GF Score™ of 85/100 and a GF Value™ of €94.68. The stock has 2 warning signs investors should review. Among 759 Transportation companies, SkyWest ranks worse than 58.89% on this metric.

As of today (2026-07-23), SkyWest's current share price is €83.68. SkyWest's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €65.84. SkyWest's Cyclically Adjusted PS Ratio for today is 1.27.

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

STU:SY2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.75   Max: 1.7
Current: 1.25

During the past years, SkyWest's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 0.23. And the median was 0.75.

STU:SY2's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 759 companies
in the Transportation industry
Industry Median: 0.89 vs STU:SY2: 1.25

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 Mar. 2026 was €21.550. 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 €65.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SkyWest  (STU:SY2) 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
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 1.21 1.40 1.35 1.35 1.20

STU:SY2 vs ALGT, JBLU, ALK: 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.


STU:SY2
85GF Score
SkyWest Inc STU:SY2
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
=83.68/65.84
=1.27

* 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 Mar. 2026 is calculated as:

For example, SkyWest'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)
=21.55/330.2130*330.2130
=21.550

Current CPI (Mar. 2026) = 330.2130.

SkyWest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.664 241.018 18.721
201609 13.581 241.428 18.575
201612 12.831 241.432 17.549
201703 13.131 243.801 17.785
201706 13.297 244.955 17.925
201709 12.845 246.819 17.185
201712 12.264 246.524 16.427
201803 11.980 249.554 15.852
201806 13.031 251.989 17.076
201809 13.414 252.439 17.547
201812 13.438 251.233 17.662
201903 12.294 254.202 15.970
201906 12.798 256.143 16.499
201909 13.502 256.759 17.365
201912 13.175 256.974 16.930
202003 13.066 258.115 16.716
202006 6.199 257.797 7.940
202009 7.673 260.280 9.735
202012 9.658 260.474 12.244
202103 8.852 264.877 11.035
202106 10.750 271.696 13.065
202109 12.480 274.310 15.023
202112 13.530 278.802 16.025
202203 13.164 287.504 15.120
202206 14.949 296.311 16.659
202209 15.746 296.808 17.518
202212 12.692 296.797 14.121
202303 13.083 301.836 14.313
202306 15.147 305.109 16.393
202309 16.860 307.789 18.088
202312 16.502 306.746 17.764
202403 17.818 312.332 18.838
202406 19.443 314.175 20.436
202409 19.788 315.301 20.724
202412 21.627 315.605 22.628
202503 21.090 319.799 21.777
202506 21.705 322.561 22.220
202509 21.613 324.800 21.973
202512 21.199 324.054 21.602
202603 21.550 330.213 21.550

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 1.27 mean?
SkyWest (STU:SY2) has a Cyclically Adjusted PS Ratio of 1.27 as of Jul. 23, 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 69% above median its historical median of 0.75. 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 #447 out of 759 companies in the Transportation industry, placing it in the top 58.9%.
Is SkyWest's Cyclically Adjusted PS Ratio too high?
SkyWest's current Cyclically Adjusted PS Ratio of 1.27 is 69% above median its 10-year median of 0.75. 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 0.89. SkyWest's value of 1.27 is 42.7% above this industry median. Based on the distribution chart, SkyWest ranks #447 out of 759 companies in the Transportation industry, which is below the industry midpoint. Overall, SkyWest has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SkyWest's Cyclically Adjusted PS Ratio compare to ALGT and JBLU?
According to the Transportation industry distribution chart, SkyWest ranks #447 out of 759 companies for Cyclically Adjusted PS Ratio. This places SkyWest in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. SkyWest's value of 1.27 is 42.7% 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 0.75 vs. the industry median of 0.89, 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 0.89, based on 759 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 1.27 is 42.7% 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 0.89 — 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 1.27, which is 69% above median its own 10-year median of 0.75. 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?
SkyWest (STU:SY2) has a current Cyclically Adjusted PS Ratio of 1.27. The stock's GF Value™ is €94.68, compared to a current price of €83.68 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.27, which is 69% above median its 10-year median of 0.75 and 42.7% above the Transportation industry median of 0.89. SkyWest's overall GF Score™ is 85/100 with 2 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 (STU:SY2), the current Cyclically Adjusted PS Ratio is 1.27 as of Jul. 23, 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 (STU:SY2) Overvalued in 2026?

Based on GuruFocus' analysis, SkyWest stock appears to be undervalued. The current stock price of €83.68 is trading 11.6% below its estimated GF Value™ of €94.68.

Key valuation signals for STU:SY2:

  • Cyclically Adjusted PS Ratio: 1.27 (69% above median its 10-year median of 0.75)
  • GF Value™: €94.68 vs. price of €83.68 (11.6% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 42.7% above the Transportation median (#447 of 759)

No single metric tells the full story. See the STU:SY2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SkyWest Business Description

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.
85GF Score

Get the complete analysis for STU:SY2

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

€83.68
Price
€94.68
GF Value