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Cargojet (TSX:CJT) Cyclically Adjusted PS Ratio : 2.50 (As of Dec. 13, 2024)


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What is Cargojet Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Cargojet's current share price is C$111.60. Cargojet's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was C$44.68. Cargojet's Cyclically Adjusted PS Ratio for today is 2.50.

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

TSX:CJT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.87   Max: 8.07
Current: 2.55

During the past years, Cargojet's highest Cyclically Adjusted PS Ratio was 8.07. The lowest was 0.91. And the median was 2.87.

TSX:CJT's Cyclically Adjusted PS Ratio is ranked worse than
77.16% of 648 companies
in the Transportation industry
Industry Median: 1.01 vs TSX:CJT: 2.55

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.

Cargojet's adjusted revenue per share data for the three months ended in Sep. 2024 was C$13.495. 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$44.68 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cargojet Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cargojet'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.

* Premium members only.

Cargojet Cyclically Adjusted PS Ratio Chart

Cargojet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 6.99 4.88 3.00 2.84

Cargojet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.17 2.84 2.61 3.18 3.09

Competitive Comparison of Cargojet's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Cargojet'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.


Cargojet's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Cargojet 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.60/44.68
=2.50

* 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.

Cargojet's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Cargojet's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=13.495/127.2847*127.2847
=13.495

Current CPI (Sep. 2024) = 127.2847.

Cargojet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 6.241 98.367 8.076
201503 5.865 99.789 7.481
201506 7.916 100.500 10.026
201509 7.606 100.421 9.641
201512 8.194 99.947 10.435
201603 7.614 101.054 9.590
201606 7.411 102.002 9.248
201609 7.542 101.765 9.433
201612 8.254 101.449 10.356
201703 7.991 102.634 9.910
201706 7.805 103.029 9.643
201709 6.622 103.345 8.156
201712 8.756 103.345 10.784
201803 7.348 105.004 8.907
201806 8.074 105.557 9.736
201809 8.452 105.636 10.184
201812 9.822 105.399 11.862
201903 8.118 106.979 9.659
201906 8.757 107.690 10.350
201909 8.632 107.611 10.210
201912 10.272 107.769 12.132
202003 7.885 107.927 9.299
202006 12.571 108.401 14.761
202009 10.404 108.164 12.243
202012 11.994 108.559 14.063
202103 9.374 110.298 10.818
202106 9.948 111.720 11.334
202109 10.829 112.905 12.208
202112 13.179 113.774 14.744
202203 13.503 117.646 14.609
202206 12.330 120.806 12.991
202209 11.520 120.648 12.154
202212 13.350 120.964 14.048
202303 11.368 122.702 11.793
202306 10.130 124.203 10.381
202309 12.442 125.230 12.646
202312 12.901 125.072 13.129
202403 12.105 126.258 12.203
202406 14.073 127.522 14.047
202409 13.495 127.285 13.495

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.


Cargojet  (TSX:CJT) 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.


Cargojet Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Cargojet's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cargojet Business Description

Industry
Traded in Other Exchanges
Address
2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany, and between Canada and Mexico.

Cargojet Headlines

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