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ANA Holdings (FRA:ANCA) Cyclically Adjusted PS Ratio : 0.60 (As of Apr. 28, 2024)


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What is ANA Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), ANA Holdings's current share price is €18.00. ANA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €29.81. ANA Holdings's Cyclically Adjusted PS Ratio for today is 0.60.

The historical rank and industry rank for ANA Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:ANCA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.62   Max: 0.88
Current: 0.65

During the past years, ANA Holdings's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.40. And the median was 0.62.

FRA:ANCA's Cyclically Adjusted PS Ratio is ranked better than
57.38% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs FRA:ANCA: 0.65

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.

ANA Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.608. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €29.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ANA Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ANA Holdings's Cyclically Adjusted PS Ratio 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.

ANA Holdings Cyclically Adjusted PS Ratio Chart

ANA Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.48 0.51 0.54 0.61

ANA Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 0.59 0.61 0.73 0.66 0.65

Competitive Comparison of ANA Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, ANA 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.


ANA Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



ANA Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ANA Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.00/29.81
=0.60

* 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.

ANA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ANA Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.608/106.8000*106.8000
=6.608

Current CPI (Dec. 2023) = 106.8000.

ANA Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.711 95.700 8.605
201406 7.992 98.000 8.710
201409 9.681 98.500 10.497
201412 8.608 97.900 9.391
201503 9.141 97.900 9.972
201506 8.529 98.400 9.257
201509 10.548 98.500 11.437
201512 9.879 98.100 10.755
201603 9.598 97.900 10.471
201606 9.768 98.100 10.634
201609 12.020 98.000 13.099
201612 10.429 98.400 11.319
201703 10.249 98.100 11.158
201706 10.347 98.500 11.219
201709 11.569 98.800 12.506
201712 11.093 99.400 11.919
201803 10.919 99.200 11.756
201806 11.269 99.200 12.132
201809 12.638 99.900 13.511
201812 12.417 99.700 13.301
201903 11.657 99.700 12.487
201906 12.249 99.800 13.108
201909 14.016 100.100 14.954
201912 12.971 100.500 13.784
202003 9.851 100.300 10.489
202006 3.001 99.900 3.208
202009 4.091 99.900 4.374
202012 4.052 99.300 4.358
202103 3.304 99.900 3.532
202106 3.188 99.500 3.422
202109 3.809 100.100 4.064
202112 5.073 100.100 5.413
202203 4.596 101.100 4.855
202206 4.692 101.800 4.922
202209 5.842 103.100 6.052
202212 6.268 104.100 6.431
202303 6.004 104.400 6.142
202306 5.784 105.200 5.872
202309 6.608 106.200 6.645
202312 6.608 106.800 6.608

Add all the adjusted revenue per share together and divide 10 will get our 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.


ANA Holdings  (FRA:ANCA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ANA Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ANA Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ANA Holdings (FRA:ANCA) Business Description

Traded in Other Exchanges
Address
Shiodome-City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. In February 2024, it will launch Air Japan to provide discount airline services to Southeast Asia. Pre-COVID-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.

ANA Holdings (FRA:ANCA) Headlines

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