TRZBF (Transat AT) Cyclically Adjusted PS Ratio: 0.02 (As of Sep. 16, 2026) — 67% Below Median

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TRZBF Transat AT Inc TRZBF
72 GF Score
Price $1.29
GF Value $1.85
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Transat AT Cyclically Adjusted PS Ratio?

Transat AT TRZBF 72 Cyclically Adjusted PS Ratio is 0.02 as of Sep. 16, 2026, which is 67% below its 10-year median of 0.06. GuruFocus rates TRZBF with a GF Score™ of 72/100 and a GF Value™ of $1.85 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 675 Travel & Leisure companies, Transat AT ranks better than 98.96% on this metric.

As of today (2026-09-16), Transat AT's current share price is $1.29. Transat AT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was $55.93. Transat AT's Cyclically Adjusted PS Ratio for today is 0.02.

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

TRZBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.17
Current: 0.03

During the past years, Transat AT's highest Cyclically Adjusted PS Ratio was 0.17. The lowest was 0.02. And the median was 0.06.

TRZBF's Cyclically Adjusted PS Ratio is ranked better than
98.96% of 675 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs TRZBF: 0.03

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.

Transat AT's adjusted revenue per share data for the three months ended in Jul. 2026 was $13.839. 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 $55.93 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transat AT  (OTCPK:TRZBF) 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.


Transat AT Cyclically Adjusted PS Ratio Related Terms


Transat AT Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Transat AT'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.

Transat AT Cyclically Adjusted PS Ratio Chart

Transat AT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 0.04 0.02 0.03

Transat AT Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.04 0.03 0.04 0.03 0.03

TRZBF vs BKNG, ABNB, RCL: Cyclically Adjusted PS Ratio Comparison

For the Travel Services subindustry, Transat AT'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.


Transat AT Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Transat AT's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TRZBF
72GF Score
Transat AT Inc TRZBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transat AT 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.

Transat AT's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.29/55.933
=0.02

* 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.

Transat AT's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Transat AT's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=13.839/134.2375*134.2375
=13.839

Current CPI (Jul. 2026) = 134.2375.

Transat AT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 12.670 102.002 16.674
201701 14.023 102.318 18.398
201704 17.994 103.029 23.445
201707 15.000 103.029 19.544
201710 14.972 103.424 19.433
201801 13.780 104.056 17.777
201804 18.110 105.320 23.082
201807 13.602 106.110 17.208
201810 13.685 105.952 17.338
201901 12.952 105.557 16.471
201904 17.903 107.453 22.366
201907 13.946 108.243 17.295
201910 13.876 107.927 17.259
202001 13.942 108.085 17.315
202004 10.999 107.216 13.771
202007 0.185 108.401 0.229
202010 0.569 108.638 0.703
202101 0.862 109.192 1.060
202104 0.159 110.851 0.193
202107 0.270 112.431 0.322
202110 1.323 113.695 1.562
202201 4.234 114.801 4.951
202204 7.482 118.357 8.486
202207 10.454 120.964 11.601
202210 11.332 121.517 12.518
202301 13.003 121.596 14.355
202304 16.811 123.571 18.262
202307 14.574 124.914 15.662
202310 14.635 125.310 15.678
202401 15.053 125.072 16.156
202404 18.528 126.890 19.601
202407 13.817 128.075 14.482
202410 14.710 127.838 15.446
202501 14.800 127.443 15.589
202504 18.243 129.102 18.969
202507 13.168 130.290 13.567
202510 13.802 130.603 14.186
202601 15.480 130.366 15.940
202604 18.392 132.736 18.600
202607 13.839 134.238 13.839

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 0.02 mean?
Transat AT (TRZBF) has a Cyclically Adjusted PS Ratio of 0.02 as of Sep. 16, 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 Transat AT and its competitors. This is 67% below median its historical median of 0.06. Over the past decade, Transat AT's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.17. According to the industry distribution chart, Transat AT ranks #7 out of 675 companies in the Travel & Leisure industry, placing it in the top 1%.
Is Transat AT's Cyclically Adjusted PS Ratio too high?
Transat AT's current Cyclically Adjusted PS Ratio of 0.02 is 67% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.17. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Transat AT's value of 0.02 is 98.5% below this industry median. Based on the distribution chart, Transat AT ranks #7 out of 675 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Transat AT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Transat AT's Cyclically Adjusted PS Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Transat AT ranks #7 out of 675 companies for Cyclically Adjusted PS Ratio. This places Transat AT in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.30. Transat AT's value of 0.02 is 98.5% below this benchmark. Historically, Transat AT's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.17 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 1.30, Transat AT has consistently been below 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 675 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. Transat AT's current Cyclically Adjusted PS Ratio of 0.02 is 98.5% below 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 Transat AT and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transat AT's current Cyclically Adjusted PS Ratio is 0.02, which is 67% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transat AT stock overvalued right now?
Based on GuruFocus' analysis, Transat AT (TRZBF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.85, compared to a current price of $1.29 — trading 30.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is 67% below median its 10-year median of 0.06 and 98.5% below the Travel & Leisure industry median of 1.30. Transat AT's overall GF Score™ is 72/100 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 Transat AT (TRZBF), the current Cyclically Adjusted PS Ratio is 0.02 as of Sep. 16, 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 Transat AT (TRZBF) Overvalued in 2026?

Based on GuruFocus' analysis, Transat AT stock appears to be undervalued. The current stock price of $1.29 is trading 30.3% below its estimated GF Value™ of $1.85. GuruFocus considers Transat AT to be Possible Value Trap.

Key valuation signals for TRZBF:

  • Cyclically Adjusted PS Ratio: 0.02 (67% below median its 10-year median of 0.06)
  • GF Value™: $1.85 vs. price of $1.29 (30.3% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 98.5% below the Travel & Leisure median (#7 of 675)

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


Transat AT Business Description

Other Exchanges TRZ:Canada
Address 300, Leo-Pariseau, Bureau 600, Montreal, QC, CAN, H2X 4C2
Transat AT Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.
72GF Score

Get the complete analysis for TRZBF

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

$1.29
Price
$1.85
GF Value