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Pakistan International Airlines (KAR:PIAA) Cyclically Adjusted Revenue per Share : ₨31.34 (As of Jun. 2023)


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What is Pakistan International Airlines 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.

Pakistan International Airlines's adjusted revenue per share for the three months ended in Jun. 2023 was ₨12.579. 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 ₨31.34 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Pakistan International Airlines's average Cyclically Adjusted Revenue Growth Rate was 5.90% 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.

As of today (2024-06-18), Pakistan International Airlines's current stock price is ₨22.17. Pakistan International Airlines's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was ₨31.34. Pakistan International Airlines's Cyclically Adjusted PS Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pakistan International Airlines was 1.01. The lowest was 0.10. And the median was 0.13.


Pakistan International Airlines Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pakistan International Airlines'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.

Pakistan International Airlines Cyclically Adjusted Revenue per Share Chart

Pakistan International Airlines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 30.18

Pakistan International Airlines Quarterly Data
Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 29.59 29.90 30.18 31.11 31.34

Competitive Comparison of Pakistan International Airlines's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Pakistan International Airlines'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.


Pakistan International Airlines's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Pakistan International Airlines 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, Pakistan International Airlines's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=12.579/128.7287*128.7287
=12.579

Current CPI (Jun. 2023) = 128.7287.

Pakistan International Airlines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 11.573 96.871 15.379
201303 9.155 98.209 12.000
201306 8.431 98.518 11.016
201309 8.414 98.790 10.964
201312 6.526 98.326 8.544
201403 7.872 99.695 10.165
201406 6.413 100.560 8.209
201409 5.831 100.428 7.474
201412 5.596 99.070 7.271
201503 5.644 99.621 7.293
201506 4.737 100.684 6.056
201509 5.118 100.392 6.563
201512 4.823 99.792 6.222
201603 4.731 100.470 6.062
201609 5.613 101.861 7.094
201612 4.751 101.863 6.004
201703 4.702 102.862 5.884
201706 5.193 103.349 6.468
201709 5.590 104.136 6.910
201712 4.880 104.011 6.040
201806 4.639 106.317 5.617
201812 0.000 105.998 0.000
201903 6.389 107.251 7.668
201906 7.698 108.070 9.170
201909 8.965 108.329 10.653
201912 8.388 108.420 9.959
202003 7.460 108.902 8.818
202006 3.113 108.767 3.684
202009 4.621 109.815 5.417
202012 3.900 109.897 4.568
202103 3.029 111.754 3.489
202106 2.394 114.631 2.688
202109 4.898 115.734 5.448
202112 6.466 117.630 7.076
202203 6.760 121.301 7.174
202206 7.354 125.017 7.572
202209 9.840 125.227 10.115
202212 10.135 125.222 10.419
202303 11.711 127.348 11.838
202306 12.579 128.729 12.579

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


Pakistan International Airlines  (KAR:PIAA) 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.

Pakistan International Airlines's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=22.17/31.34
=0.71

* 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 Pakistan International Airlines was 1.01. The lowest was 0.10. And the median was 0.13.


Be Aware

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


Pakistan International Airlines Cyclically Adjusted Revenue per Share Related Terms

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


Pakistan International Airlines (KAR:PIAA) Business Description

Traded in Other Exchanges
Address
PIA Building, Jinnah International Airport, Karachi, PAK, 75200
Pakistan International Airlines Corp Ltd provides commercial air transportation services. It includes passenger, cargo postal carriage, engineering, and other services.

Pakistan International Airlines (KAR:PIAA) Headlines

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