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LATAM Airlines Group (LATAM Airlines Group) Cyclically Adjusted Revenue per Share : $42.07 (As of Dec. 2023)


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What is LATAM 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.

LATAM Airlines Group's adjusted revenue per share for the three months ended in Dec. 2023 was $0.005. 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 $42.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LATAM Airlines Group's average Cyclically Adjusted Revenue Growth Rate was -10.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 LATAM Airlines Group was 15.40% per year. The lowest was -1.60% per year. And the median was 7.95% per year.

As of today (2024-04-27), LATAM Airlines Group's current stock price is $0.55. LATAM Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $42.07. LATAM Airlines Group's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LATAM Airlines Group was 1.31. The lowest was 0.01. And the median was 0.51.


LATAM Airlines Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LATAM 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.

LATAM Airlines Group Cyclically Adjusted Revenue per Share Chart

LATAM 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 17.23 17.30 16.66 65.47 42.07

LATAM Airlines Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 65.47 49.68 51.52 46.99 42.07

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

For the Airlines subindustry, LATAM 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.


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

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

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



LATAM 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, LATAM Airlines Group'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)
=0.005/146.1089*146.1089
=0.005

Current CPI (Dec. 2023) = 146.1089.

LATAM Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.316 94.584 0.488
201406 0.304 95.543 0.465
201409 0.312 96.883 0.471
201412 0.305 97.515 0.457
201503 0.275 98.539 0.408
201506 0.247 99.770 0.362
201509 0.248 101.383 0.357
201512 0.236 101.775 0.339
201603 0.228 102.930 0.324
201606 0.201 103.965 0.282
201609 0.242 104.521 0.338
201612 0.246 104.532 0.344
201703 0.217 105.752 0.300
201706 0.197 105.730 0.272
201709 0.230 106.035 0.317
201712 0.240 106.907 0.328
201803 0.240 107.670 0.326
201806 0.208 108.421 0.280
201809 0.220 109.369 0.294
201812 0.243 109.653 0.324
201903 0.232 110.339 0.307
201906 0.218 111.352 0.286
201909 0.238 111.821 0.311
201912 0.254 112.943 0.329
202003 0.208 114.468 0.265
202006 0.041 114.283 0.052
202009 0.037 115.275 0.047
202012 0.075 116.299 0.094
202103 0.077 117.770 0.096
202106 0.082 118.630 0.101
202109 0.117 121.431 0.141
202112 0.178 124.634 0.209
202203 0.176 128.850 0.200
202206 0.200 133.448 0.219
202209 0.238 138.101 0.252
202212 0.004 140.574 0.004
202303 0.005 143.145 0.005
202306 0.004 143.538 0.004
202309 0.005 145.172 0.005
202312 0.005 146.109 0.005

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


LATAM Airlines Group  (OTCPK:LTMAY) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.55/42.07
=0.01

* 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 LATAM Airlines Group was 1.31. The lowest was 0.01. And the median was 0.51.


Be Aware

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


LATAM Airlines Group Cyclically Adjusted Revenue per Share Related Terms

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LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group (LATAM Airlines Group) Headlines