United Airlines Holdings (BSP:U1AL34) Cyclically Adjusted Revenue per Share: R$426.97 (As of Jun. 2026)

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BSP:U1AL34 United Airlines Holdings Inc BSP:U1AL34
75 GF Score
Price R$313.46
GF Value R$226.04
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is United Airlines Holdings Cyclically Adjusted Revenue per Share?

United Airlines Holdings BSP:U1AL34 -1.07% 75 Cyclically Adjusted Revenue per Share is R$426.97 as of Jun. 2026. GuruFocus rates BSP:U1AL34 with a GF Score™ of 75/100 and a GF Value™ of R$226.04 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

United Airlines Holdings's adjusted revenue per share for the three months ended in Jun. 2026 was R$138.630. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$426.97 for the trailing ten years ended in Jun. 2026.

During the past 12 months, United Airlines Holdings's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of United Airlines Holdings was 5.80% per year. The lowest was -12.90% per year. And the median was -4.05% per year.

As of today (2026-07-31), United Airlines Holdings's current stock price is R$313.46. United Airlines Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$426.97. United Airlines Holdings's Cyclically Adjusted PS Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Airlines Holdings was 0.85. The lowest was 0.16. And the median was 0.49.


United Airlines Holdings  (BSP:U1AL34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

United Airlines Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=313.46/426.97
=0.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Airlines Holdings was 0.85. The lowest was 0.16. And the median was 0.49.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


United Airlines Holdings Cyclically Adjusted Revenue per Share Related Terms


United Airlines Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for United Airlines Holdings's Cyclically Adjusted Revenue per Share 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.

United Airlines Holdings Cyclically Adjusted Revenue per Share Chart

United Airlines Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.89 355.49 340.01 459.10 430.14

United Airlines Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 413.79 419.49 430.14 396.22 426.97

BSP:U1AL34 vs LUV, DAL, AAL: Cyclically Adjusted Revenue per Share Comparison

For the Airlines subindustry, United Airlines Holdings'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.


United Airlines Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


BSP:U1AL34
75GF Score
United Airlines Holdings Inc BSP:U1AL34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Airlines Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, United Airlines Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=138.63/333.9520*333.9520
=138.630

Current CPI (Jun. 2026) = 333.9520.

United Airlines Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 50.326 241.428 69.613
201612 48.110 241.432 66.546
201703 41.882 243.801 57.369
201706 53.592 244.955 73.063
201709 51.578 246.819 69.786
201712 53.397 246.524 72.334
201803 51.976 249.554 69.554
201806 73.730 251.989 97.712
201809 82.617 252.439 109.294
201812 74.671 251.233 99.257
201903 68.633 254.202 90.165
201906 84.027 256.143 109.552
201909 91.419 256.759 118.904
201912 88.111 256.974 114.505
202003 78.445 258.115 101.493
202006 13.632 257.797 17.659
202009 23.094 260.280 29.631
202012 29.542 260.474 37.876
202103 28.665 264.877 36.140
202106 42.508 271.696 52.248
202109 62.177 274.310 75.696
202112 71.555 278.802 85.709
202203 57.925 287.504 67.283
202206 92.549 296.311 104.306
202209 102.461 296.808 115.283
202212 95.148 296.797 107.059
202303 90.912 301.836 100.585
202306 103.795 305.109 113.607
202309 107.599 307.789 116.745
202312 100.489 306.746 109.402
202403 95.099 312.332 101.682
202406 120.869 314.175 128.478
202409 123.531 315.301 130.838
202412 134.656 315.605 142.484
202503 114.228 319.799 119.283
202506 129.120 322.561 133.680
202509 124.888 324.800 128.407
202512 128.434 324.054 132.357
202603 116.882 330.213 118.205
202606 138.630 333.952 138.630

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$426.97 mean?
United Airlines Holdings (BSP:U1AL34) has a Cyclically Adjusted Revenue per Share of R$426.97 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on United Airlines Holdings and its competitors.
Is United Airlines Holdings' Cyclically Adjusted Revenue per Share too high?
United Airlines Holdings' current Cyclically Adjusted Revenue per Share is R$426.97. Overall, United Airlines Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Airlines Holdings' Cyclically Adjusted Revenue per Share compare to LUV and DAL?
United Airlines Holdings' Cyclically Adjusted Revenue per Share of R$426.97 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on United Airlines Holdings and its competitors. United Airlines Holdings's current Cyclically Adjusted Revenue per Share is R$426.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Airlines Holdings stock overvalued right now?
Based on GuruFocus' analysis, United Airlines Holdings (BSP:U1AL34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$226.04, compared to a current price of R$313.46 — trading 38.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$426.97. United Airlines Holdings' overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For United Airlines Holdings (BSP:U1AL34), the current Cyclically Adjusted Revenue per Share is R$426.97 as of Jun. 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 United Airlines Holdings (BSP:U1AL34) Overvalued in 2026?

Based on GuruFocus' analysis, United Airlines Holdings stock appears to be overvalued. The current stock price of R$313.46 is trading 38.7% above its estimated GF Value™ of R$226.04. GuruFocus considers United Airlines Holdings to be Significantly Overvalued.

Key valuation signals for BSP:U1AL34:

  • Cyclically Adjusted Revenue per Share: R$426.97
  • GF Value™: R$226.04 vs. price of R$313.46 (38.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the BSP:U1AL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Airlines Holdings Business Description

Address 233 South Wacker Drive, Chicago, IL, USA, 60606
Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers.
75GF Score

Get the complete analysis for BSP:U1AL34

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

R$313.46
Price
R$226.04
GF Value