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American Airlines Group (WBO:AAL) Cyclically Adjusted Revenue per Share : €77.60 (As of Mar. 2024)


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What is American Airlines Group 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.

American Airlines Group's adjusted revenue per share for the three months ended in Mar. 2024 was €17.633. 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 €77.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, American Airlines Group's average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -10.00% 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 American Airlines Group was 4.20% per year. The lowest was -12.40% per year. And the median was -4.40% per year.

As of today (2024-04-30), American Airlines Group's current stock price is €12.854. American Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €77.60. American Airlines Group's Cyclically Adjusted PS Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of American Airlines Group was 0.38. The lowest was 0.06. And the median was 0.20.


American Airlines Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for American 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.

* Premium members only.

American Airlines Group Cyclically Adjusted Revenue per Share Chart

American Airlines Group 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 110.93 89.13 86.10 78.88 77.11

American Airlines Group 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 77.99 77.10 80.77 77.11 77.60

Competitive Comparison of American Airlines Group's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, American 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.


American Airlines Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



American 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, American Airlines Group'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)
=17.633/129.4194*129.4194
=17.633

Current CPI (Mar. 2024) = 129.4194.

American Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.374 100.560 14.638
201409 11.757 100.428 15.151
201412 11.369 99.070 14.852
201503 12.665 99.621 16.453
201506 13.633 100.684 17.524
201509 14.013 100.392 18.065
201512 13.724 99.792 17.798
201603 13.856 100.470 17.848
201606 16.294 101.688 20.738
201609 17.860 101.861 22.692
201612 17.833 101.863 22.657
201703 18.081 102.862 22.749
201706 20.269 103.349 25.382
201709 18.905 104.136 23.495
201712 18.704 104.011 23.273
201803 17.773 105.290 21.846
201806 21.451 106.317 26.112
201809 21.465 106.507 26.083
201812 20.814 105.998 25.413
201903 20.658 107.251 24.928
201906 23.754 108.070 28.447
201909 24.447 108.329 29.206
201912 23.371 108.420 27.898
202003 18.102 108.902 21.513
202006 3.359 108.767 3.997
202009 5.292 109.815 6.237
202012 5.789 109.897 6.817
202103 5.305 111.754 6.144
202106 9.456 114.631 10.676
202109 10.572 115.734 11.822
202112 12.860 117.630 14.149
202203 12.441 121.301 13.274
202206 17.671 125.017 18.293
202209 18.990 125.227 19.626
202212 18.580 125.222 19.203
202303 17.336 127.348 17.618
202306 18.034 128.729 18.131
202309 19.312 129.860 19.247
202312 16.663 129.419 16.663
202403 17.633 129.419 17.633

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


American Airlines Group  (WBO:AAL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.854/77.6
=0.17

* 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 American Airlines Group was 0.38. The lowest was 0.06. And the median was 0.20.


Be Aware

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


American Airlines Group Cyclically Adjusted Revenue per Share Related Terms

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


American Airlines Group (WBO:AAL) Business Description

Industry
Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.