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Fraport AG (XSWX:FRA) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Fraport AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fraport AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fraport AG'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.

Fraport AG Cyclically Adjusted PS Ratio Chart

Fraport AG 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 2.44 1.64 1.92 1.13 1.53

Fraport AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.34 1.40 1.41 1.53 -

Competitive Comparison of Fraport AG's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Fraport AG'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.


Fraport AG's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Fraport AG 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.

Fraport AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.295/125.0381*125.0381
=9.295

Current CPI (Mar. 2024) = 125.0381.

Fraport AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.899 99.543 9.922
201409 8.765 99.823 10.979
201412 7.790 99.543 9.785
201503 6.785 99.717 8.508
201506 7.529 100.417 9.375
201509 8.568 100.417 10.669
201512 7.368 99.717 9.239
201603 7.413 100.017 9.268
201606 7.680 100.717 9.535
201609 8.697 101.017 10.765
201612 7.241 101.217 8.945
201703 7.014 101.417 8.648
201706 8.958 102.117 10.969
201709 10.795 102.717 13.141
201712 8.881 102.617 10.821
201803 8.624 102.917 10.478
201806 10.606 104.017 12.749
201809 12.375 104.718 14.776
201812 11.327 104.217 13.590
201903 9.832 104.217 11.796
201906 11.787 105.718 13.941
201909 12.575 106.018 14.831
201912 10.016 105.818 11.835
202003 7.491 105.718 8.860
202006 2.882 106.618 3.380
202009 4.744 105.818 5.606
202012 4.139 105.518 4.905
202103 4.596 107.518 5.345
202106 5.023 108.486 5.789
202109 8.123 109.435 9.281
202112 7.120 110.384 8.065
202203 5.978 113.968 6.559
202206 8.945 115.760 9.662
202209 10.619 118.818 11.175
202212 8.819 119.345 9.240
202303 8.201 122.402 8.378
202306 10.954 123.140 11.123
202309 12.660 124.195 12.746
202312 9.956 123.773 10.058
202403 9.295 125.038 9.295

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.


Fraport AG  (XSWX:FRA) 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.


Fraport AG Cyclically Adjusted PS Ratio Related Terms

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Fraport AG (XSWX:FRA) Business Description

Industry
Address
Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547
Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation, the largest contributor to revenue, includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment includes IT and telecommunication services, and facility and infrastructure management.