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Ryanair Holdings (DUB:RYA) Cyclically Adjusted Revenue per Share : €6.55 (As of Dec. 2023)


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What is Ryanair Holdings 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.

Ryanair Holdings's adjusted revenue per share for the three months ended in Dec. 2023 was €2.357. 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 €6.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ryanair Holdings's average Cyclically Adjusted Revenue Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.30% 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 Ryanair Holdings was 19.00% per year. The lowest was 6.40% per year. And the median was 13.40% per year.

As of today (2024-04-29), Ryanair Holdings's current stock price is €20.35. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €6.55. Ryanair Holdings's Cyclically Adjusted PS Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ryanair Holdings was 5.58. The lowest was 1.76. And the median was 3.31.


Ryanair Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings Cyclically Adjusted Revenue per Share Chart

Ryanair Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 4.79 4.67 5.08 6.04

Ryanair Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 5.61 5.83 6.04 6.51 6.55

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Ryanair 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.


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

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

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



Ryanair Holdings 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, Ryanair 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)
=2.357/120.1096*120.1096
=2.357

Current CPI (Dec. 2023) = 120.1096.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.703 99.875 0.845
201403 0.547 100.573 0.653
201406 1.105 100.773 1.317
201409 1.471 100.474 1.758
201412 0.815 99.576 0.983
201503 0.709 99.975 0.852
201506 1.201 100.573 1.434
201509 1.752 100.274 2.099
201512 0.994 99.676 1.198
201603 0.884 99.676 1.065
201606 1.314 101.072 1.562
201609 1.938 100.274 2.321
201612 1.072 99.676 1.292
201703 0.952 100.374 1.139
201706 1.558 100.673 1.859
201709 2.085 100.474 2.492
201712 1.178 100.075 1.414
201803 1.110 100.573 1.326
201806 1.773 101.072 2.107
201809 2.391 101.371 2.833
201812 1.369 100.773 1.632
201903 1.109 101.670 1.310
201906 2.034 102.168 2.391
201909 2.741 102.268 3.219
201912 1.703 102.068 2.004
202003 1.086 102.367 1.274
202006 0.115 101.769 0.136
202009 0.957 101.072 1.137
202012 0.303 101.072 0.360
202103 0.105 102.367 0.123
202106 0.328 103.364 0.381
202109 1.566 104.859 1.794
202112 1.299 106.653 1.463
202203 1.037 109.245 1.140
202206 2.283 112.734 2.432
202209 3.528 113.431 3.736
202212 2.029 115.425 2.111
202303 1.622 117.618 1.656
202309 4.304 120.708 4.283
202312 2.357 120.110 2.357

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


Ryanair Holdings  (DUB:RYA) 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.

Ryanair Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.35/6.55
=3.11

* 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 Ryanair Holdings was 5.58. The lowest was 1.76. And the median was 3.31.


Be Aware

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


Ryanair Holdings Cyclically Adjusted Revenue per Share Related Terms

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


Ryanair Holdings (DUB:RYA) Business Description

Industry
Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

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