GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fraport AG (XTER:FRA) » Definitions » Cyclically Adjusted PS Ratio

Fraport AG (XTER:FRA) Cyclically Adjusted PS Ratio : 1.31 (As of May. 01, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Fraport AG Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Fraport AG's current share price is €47.08. Fraport AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €35.87. Fraport AG's Cyclically Adjusted PS Ratio for today is 1.31.

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

XTER:FRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.65   Max: 3.11
Current: 1.32

During the past years, Fraport AG's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 1.02. And the median was 1.65.

XTER:FRA's Cyclically Adjusted PS Ratio is ranked worse than
63.54% of 735 companies
in the Transportation industry
Industry Median: 0.83 vs XTER:FRA: 1.32

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.

Fraport AG's adjusted revenue per share data for the three months ended in Dec. 2023 was €10.612. 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 €35.87 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.13 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.08/35.87
=1.31

* 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.

Fraport AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fraport AG's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.612/123.6675*123.6675
=10.612

Current CPI (Dec. 2023) = 123.6675.

Fraport AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.593 99.543 6.949
201406 6.490 99.543 8.063
201409 7.259 99.823 8.993
201412 6.478 99.543 8.048
201503 6.399 99.717 7.936
201506 7.197 100.417 8.863
201509 7.850 100.417 9.668
201512 6.797 99.717 8.430
201603 6.785 100.017 8.389
201606 7.050 100.717 8.657
201609 7.962 101.017 9.747
201612 6.734 101.217 8.228
201703 6.548 101.417 7.985
201706 8.236 102.117 9.974
201709 9.410 102.717 11.329
201712 7.603 102.617 9.163
201803 7.378 102.917 8.866
201806 9.171 104.017 10.904
201809 10.953 104.718 12.935
201812 10.038 104.217 11.911
201903 8.697 104.217 10.320
201906 10.558 105.718 12.351
201909 11.526 106.018 13.445
201912 9.174 105.818 10.722
202003 7.067 105.718 8.267
202006 2.690 106.618 3.120
202009 4.402 105.818 5.145
202012 3.830 105.518 4.489
202103 4.153 107.518 4.777
202106 4.592 108.486 5.235
202109 7.482 109.435 8.455
202112 6.842 110.384 7.665
202203 5.840 113.968 6.337
202206 8.722 115.760 9.318
202209 11.019 118.818 11.469
202212 8.976 119.345 9.301
202303 8.152 122.402 8.236
202306 11.242 123.140 11.290
202309 13.196 124.195 13.140
202312 10.612 123.668 10.612

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  (XTER: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

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


Fraport AG (XTER: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.
Executives
Julia Kranenberg Board of Directors
Anke Giesen Board of Directors
Dr. Pierre Dominique Prümm Board of Directors