LATAM Airlines Group (FRA:LFL0) Cyclically Adjusted Revenue per Share: €876.23 (As of Mar. 2026)

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FRA:LFL0 LATAM Airlines Group SA FRA:LFL0
69 GF Score
Price €43.20
GF Value €32.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is LATAM Airlines Group Cyclically Adjusted Revenue per Share?

LATAM Airlines Group FRA:LFL0 +0.93% 69 Cyclically Adjusted Revenue per Share is €876.23 as of Mar. 2026. GuruFocus rates FRA:LFL0 with a GF Score™ of 69/100 and a GF Value™ of €32.09 (Significantly Overvalued). The stock has 3 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.

LATAM Airlines Group's adjusted revenue per share for the three months ended in Mar. 2026 was €12.294. 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 €876.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LATAM Airlines Group's average Cyclically Adjusted Revenue Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -6.50% 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 LATAM Airlines Group was 15.50% per year. The lowest was -12.20% per year. And the median was 6.40% per year.

As of today (2026-07-26), LATAM Airlines Group's current stock price is €43.20. LATAM Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €876.23. LATAM Airlines Group's Cyclically Adjusted PS Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LATAM Airlines Group was 0.89. The lowest was 0.01. And the median was 0.09.


LATAM Airlines Group  (FRA:LFL0) 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.

LATAM Airlines Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=43.20/876.23
=0.05

* 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 LATAM Airlines Group was 0.89. The lowest was 0.01. And the median was 0.09.


Be Aware

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


LATAM Airlines Group Cyclically Adjusted Revenue per Share Related Terms


LATAM Airlines Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for LATAM Airlines Group'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.

LATAM Airlines Group Cyclically Adjusted Revenue per Share Chart

LATAM Airlines Group 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 35,390.85 130,965.48 76,829.28 1,115.57 935.45

LATAM Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,113.15 1,002.35 935.64 935.45 876.23

FRA:LFL0 vs DAL, UAL, LUV: Cyclically Adjusted Revenue per Share Comparison

For the Airlines subindustry, LATAM Airlines Group'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.


LATAM Airlines Group Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


FRA:LFL0
69GF Score
LATAM Airlines Group SA FRA:LFL0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LATAM Airlines Group 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, LATAM Airlines Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.294/160.1900*160.1900
=12.294

Current CPI (Mar. 2026) = 160.1900.

LATAM Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 357.952 103.965 551.534
201609 431.088 104.521 660.692
201612 466.005 104.532 714.132
201703 405.982 105.752 614.970
201706 351.222 105.730 532.131
201709 385.551 106.035 582.461
201712 406.035 106.907 608.406
201803 390.031 107.670 580.286
201806 355.355 108.421 525.029
201809 376.237 109.369 551.064
201812 426.855 109.653 623.587
201903 411.198 110.339 596.977
201906 385.908 111.352 555.163
201909 433.031 111.821 620.343
201912 456.650 112.943 647.679
202003 377.334 114.468 528.051
202006 72.163 114.283 101.150
202009 63.265 115.275 87.915
202012 122.647 116.299 168.934
202103 130.165 117.770 177.050
202106 135.717 118.630 183.263
202109 199.561 121.431 263.259
202112 315.830 124.634 405.931
202203 320.254 128.850 398.148
202206 378.785 133.448 454.690
202209 475.330 138.101 551.359
202212 8.459 140.574 9.639
202303 8.538 143.145 9.555
202306 8.041 143.538 8.974
202309 9.377 145.172 10.347
202312 9.744 146.109 10.683
202403 9.946 148.551 10.725
202406 9.170 149.592 9.820
202409 9.675 151.212 10.249
202412 10.546 152.774 11.058
202503 10.249 155.783 10.539
202506 9.402 155.754 9.670
202509 11.143 157.870 11.307
202512 11.528 158.040 11.685
202603 12.294 160.190 12.294

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 €876.23 mean?
LATAM Airlines Group (FRA:LFL0) has a Cyclically Adjusted Revenue per Share of €876.23 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on LATAM Airlines Group and its competitors.
Is LATAM Airlines Group's Cyclically Adjusted Revenue per Share too high?
LATAM Airlines Group's current Cyclically Adjusted Revenue per Share is €876.23. Overall, LATAM Airlines Group has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LATAM Airlines Group's Cyclically Adjusted Revenue per Share compare to DAL and UAL?
LATAM Airlines Group's Cyclically Adjusted Revenue per Share of €876.23 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 LATAM Airlines Group and its competitors. LATAM Airlines Group's current Cyclically Adjusted Revenue per Share is €876.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LATAM Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, LATAM Airlines Group (FRA:LFL0) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.09, compared to a current price of €43.20 — trading 34.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €876.23. LATAM Airlines Group's overall GF Score™ is 69/100 with 3 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 LATAM Airlines Group (FRA:LFL0), the current Cyclically Adjusted Revenue per Share is €876.23 as of Mar. 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 LATAM Airlines Group (FRA:LFL0) Overvalued in 2026?

Based on GuruFocus' analysis, LATAM Airlines Group stock appears to be overvalued. The current stock price of €43.20 is trading 34.6% above its estimated GF Value™ of €32.09. GuruFocus considers LATAM Airlines Group to be Significantly Overvalued.

Key valuation signals for FRA:LFL0:

  • Cyclically Adjusted Revenue per Share: €876.23
  • GF Value™: €32.09 vs. price of €43.20 (34.6% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:LFL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LATAM Airlines Group Business Description

Address Presidente Riesco 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA is a Chilean-based airline company involved in the transportation of passengers and cargo. The company provides domestic services in Brazil, Chile, Peru, Colombia and Ecuador, as well as regional flights and long-haul operations. It carries out cargo operations using both belly space on passenger flights and dedicated freighter aircraft. The group also offers complementary services, such as ground handling, courier, logistics, and maintenance.
69GF Score

Get the complete analysis for FRA:LFL0

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

€43.20
Price
€32.09
GF Value