Chorus Aviation (TSX:CHR) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 14, 2026) — Near Median

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TSX:CHR Chorus Aviation Inc TSX:CHR
78 GF Score
Price C$24.00
GF Value C$20.44
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Chorus Aviation Cyclically Adjusted PS Ratio?

Chorus Aviation TSX:CHR +1.01% 78 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 14, 2026, which is 6% above its 10-year median of 0.35. GuruFocus rates TSX:CHR with a GF Score™ of 78/100 and a GF Value™ of C$20.44 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 756 Transportation companies, Chorus Aviation ranks better than 77.12% on this metric.

As of today (2026-07-14), Chorus Aviation's current share price is C$24.00. Chorus Aviation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$65.71. Chorus Aviation's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSX:CHR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.77
Current: 0.37

During the past years, Chorus Aviation's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.19. And the median was 0.35.

TSX:CHR's Cyclically Adjusted PS Ratio is ranked better than
77.12% of 756 companies
in the Transportation industry
Industry Median: 0.895 vs TSX:CHR: 0.37

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.

Chorus Aviation's adjusted revenue per share data for the three months ended in Mar. 2026 was C$13.643. 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 C$65.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chorus Aviation  (TSX:CHR) 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.


Chorus Aviation Cyclically Adjusted PS Ratio Related Terms


Chorus Aviation Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chorus Aviation'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.

Chorus Aviation Cyclically Adjusted PS Ratio Chart

Chorus Aviation 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 0.30 0.29 0.24 0.31 0.33

Chorus Aviation 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 0.27 0.33 0.34 0.33 0.34

TSX:CHR vs JOBY: Cyclically Adjusted PS Ratio Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


TSX:CHR
78GF Score
Chorus Aviation Inc TSX:CHR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chorus Aviation 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.

Chorus Aviation's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.00/65.71
=0.37

* 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.

Chorus Aviation's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Chorus Aviation'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)
=13.643/132.2623*132.2623
=13.643

Current CPI (Mar. 2026) = 132.2623.

Chorus Aviation Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.434 102.002 22.606
201609 18.491 101.765 24.033
201612 17.553 101.449 22.885
201703 17.846 102.634 22.998
201706 18.433 103.029 23.663
201709 18.988 103.345 24.301
201712 19.590 103.345 25.072
201803 17.120 105.004 21.564
201806 17.551 105.557 21.991
201809 16.884 105.636 21.140
201812 16.347 105.399 20.513
201903 15.832 106.979 19.574
201906 14.566 107.690 17.890
201909 15.273 107.611 18.772
201912 14.591 107.769 17.907
202003 15.045 107.927 18.437
202006 7.873 108.401 9.606
202009 8.400 108.164 10.271
202012 9.329 108.559 11.366
202103 8.757 110.298 10.501
202106 7.822 111.720 9.260
202109 10.667 112.905 12.496
202112 13.423 113.774 15.604
202203 13.329 117.646 14.985
202206 14.148 120.806 15.490
202209 14.246 120.648 15.617
202212 14.756 120.964 16.134
202303 14.311 122.702 15.426
202306 11.480 124.203 12.225
202309 13.231 125.230 13.974
202312 12.401 125.072 13.114
202403 12.986 126.258 13.604
202406 12.828 127.522 13.305
202409 12.060 127.285 12.532
202412 12.940 127.364 13.438
202503 12.810 129.181 13.116
202506 12.321 129.892 12.546
202509 12.490 130.287 12.679
202512 12.643 130.366 12.827
202603 13.643 132.262 13.643

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 0.37 mean?
Chorus Aviation (TSX:CHR) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 14, 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 Chorus Aviation and its competitors. This is near median its historical median of 0.35. Over the past decade, Chorus Aviation's Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.77. According to the industry distribution chart, Chorus Aviation ranks #173 out of 756 companies in the Transportation industry, placing it in the top 22.9%.
Is Chorus Aviation's Cyclically Adjusted PS Ratio too high?
Chorus Aviation's current Cyclically Adjusted PS Ratio of 0.37 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.77. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. Chorus Aviation's value of 0.37 is 58.7% below this industry median. Based on the distribution chart, Chorus Aviation ranks #173 out of 756 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Chorus Aviation has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's Cyclically Adjusted PS Ratio compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #173 out of 756 companies for Cyclically Adjusted PS Ratio. This places Chorus Aviation in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.90. Chorus Aviation's value of 0.37 is 58.7% below this benchmark. Historically, Chorus Aviation's own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.77 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.90, Chorus Aviation 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.90, based on 756 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. Chorus Aviation's current Cyclically Adjusted PS Ratio of 0.37 is 58.7% 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 Chorus Aviation 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. Chorus Aviation's current Cyclically Adjusted PS Ratio is 0.37, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.44, compared to a current price of C$24.00 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is near median its 10-year median of 0.35 and 58.7% below the Transportation industry median of 0.90. Chorus Aviation's overall GF Score™ is 78/100 with 9 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 Chorus Aviation (TSX:CHR), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 14, 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued. The current stock price of C$24.00 is trading 17.4% above its estimated GF Value™ of C$20.44. GuruFocus considers Chorus Aviation to be Modestly Overvalued.

Key valuation signals for TSX:CHR:

  • Cyclically Adjusted PS Ratio: 0.37 (near median its 10-year median of 0.35)
  • GF Value™: C$20.44 vs. price of C$24.00 (17.4% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 58.7% below the Transportation median (#173 of 756)

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


Chorus Aviation Business Description

Other Exchanges CHRRF:USA1H00:Germany
Address 3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
78GF Score

Get the complete analysis for TSX:CHR

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

C$24.00
Price
C$20.44
GF Value