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United Airlines Holdings (BSP:U1AL34) Cyclically Adjusted Revenue per Share : R$352.08 (As of Mar. 2024)


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What is United Airlines Holdings Cyclically Adjusted Revenue per Share?

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 Mar. 2024 was R$95.099. 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$352.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United Airlines Holdings's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 5.00% per year. The lowest was -12.90% per year. And the median was -4.35% per year.

As of today (2024-05-01), United Airlines Holdings's current stock price is R$135.00. United Airlines Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$352.08. United Airlines Holdings's Cyclically Adjusted PS Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of United Airlines Holdings was 0.81. The lowest was 0.16. And the median was 0.40.


United Airlines Holdings Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

United Airlines Holdings Cyclically Adjusted Revenue per Share Chart

United Airlines Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 321.17 351.89 355.49 340.01

United Airlines Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 331.35 337.02 354.44 340.01 352.08

Competitive Comparison of United Airlines Holdings's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=95.099/129.4194*129.4194
=95.099

Current CPI (Mar. 2024) = 129.4194.

United Airlines Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.161 100.560 37.530
201409 31.419 100.428 40.489
201412 32.858 99.070 42.924
201503 35.210 99.621 45.742
201506 40.591 100.684 52.176
201509 53.493 100.392 68.960
201512 47.697 99.792 61.858
201603 42.731 100.470 55.043
201606 48.619 101.688 61.878
201609 50.326 101.861 63.942
201612 48.110 101.863 61.125
201703 41.882 102.862 52.695
201706 53.592 103.349 67.111
201709 51.578 104.136 64.101
201712 53.397 104.011 66.441
201803 51.976 105.290 63.888
201806 73.730 106.317 89.752
201809 82.617 106.507 100.390
201812 74.671 105.998 91.170
201903 68.633 107.251 82.820
201906 84.027 108.070 100.627
201909 91.419 108.329 109.217
201912 88.111 108.420 105.177
202003 78.445 108.902 93.225
202006 13.632 108.767 16.220
202009 23.094 109.815 27.217
202012 29.542 109.897 34.790
202103 28.665 111.754 33.196
202106 42.508 114.631 47.992
202109 62.177 115.734 69.529
202112 71.555 117.630 78.727
202203 57.925 121.301 61.802
202206 92.549 125.017 95.808
202209 102.461 125.227 105.892
202212 95.148 125.222 98.337
202303 90.912 127.348 92.391
202306 103.795 128.729 104.352
202309 107.599 129.860 107.234
202312 100.489 129.419 100.489
202403 95.099 129.419 95.099

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


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
=135.00/352.08
=0.38

* 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 0.81. The lowest was 0.16. And the median was 0.40.


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

Thank you for viewing the detailed overview of United Airlines Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


United Airlines Holdings (BSP:U1AL34) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Chicago, IL, USA, 60606
United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.

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