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International Consolidated Airlines Group (LSE:IAG) Cyclically Adjusted PS Ratio : (As of May. 14, 2024)


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What is International Consolidated Airlines Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Consolidated Airlines Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Consolidated Airlines Group'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.

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International Consolidated Airlines Group Cyclically Adjusted PS Ratio Chart

International Consolidated Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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International Consolidated Airlines Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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Competitive Comparison of International Consolidated Airlines Group's Cyclically Adjusted PS Ratio

For the Airlines subindustry, International Consolidated 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.


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

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

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



International Consolidated Airlines Group 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.

International Consolidated Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, International Consolidated 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)
=1.375/121.2698*121.2698
=1.375

Current CPI (Mar. 2024) = 121.2698.

International Consolidated Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,749,796.500 100.139 2,119,037.730
201406 2.002 101.081 2.402
201409 2.277 100.441 2.749
201412 1.938 100.251 2.344
201503 1,703,995.000 99.474 2,077,358.233
201506 2.001 101.138 2.399
201509 2.436 99.559 2.967
201512 1.926 100.268 2.329
201603 1.870 98.638 2.299
201606 2.117 100.333 2.559
201609 2.612 99.737 3.176
201612 2.110 101.842 2.513
201703 1.869 100.896 2.246
201706 2.450 101.848 2.917
201709 2.854 101.524 3.409
201712 2.341 102.975 2.757
201803 2.203 102.122 2.616
201806 2.640 104.165 3.074
201809 3.199 103.818 3.737
201812 2.679 104.193 3.118
201903 2.400 103.488 2.812
201906 3.012 104.612 3.492
201909 3.258 103.905 3.802
201912 2.645 105.015 3.054
202003 2.061 103.469 2.416
202006 0.318 104.254 0.370
202009 0.557 103.521 0.652
202012 0.237 104.456 0.275
202103 0.167 104.857 0.193
202106 0.215 107.102 0.243
202109 0.468 107.669 0.527
202112 0.605 111.298 0.659
202203 0.580 115.153 0.611
202206 1.025 118.044 1.053
202209 1.293 117.221 1.338
202212 1.121 117.650 1.155
202303 1.075 118.948 1.096
202306 1.342 120.278 1.353
202312 0.000 121.270 0.000
202403 1.375 121.270 1.375

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.


International Consolidated Airlines Group  (LSE:IAG) 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.


International Consolidated Airlines Group Cyclically Adjusted PS Ratio Related Terms

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International Consolidated Airlines Group (LSE:IAG) Business Description

Address
El Caserio, Iberia Zona Industrial No. 2, Camino de La Munoza, s/n, Madrid, ESP, 28042
International Consolidated Airlines Group SA is a European airline group flying under the British Airways, Iberia, Aer Lingus, and Vueling brands. The company carried 264 million passengers to its network of 185 destinations globally. The group's main airport hubs are London Heathrow, London Gatwick, Madrid, Barcelona, and Dublin. Geographically, it derives a majority of its revenue from the United Kingdom.

International Consolidated Airlines Group (LSE:IAG) Headlines