CPA (Copa Holdings) PS Ratio: 1.70 (As of Jun. 30, 2026) — 18% Above Median


CPA Copa Holdings SA CPA
86 GF Score
Price $155.57
GF Value $114.10
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Copa Holdings PS Ratio?

Copa Holdings CPA +0.03% 86 PS Ratio is 1.70 as of Jun. 30, 2026, which is 18% above its 10-year median of 1.44. GuruFocus rates CPA with a GF Score™ of 86/100 and a GF Value™ of $114.10 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 993 Transportation companies, Copa Holdings ranks worse than 65.66% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Copa Holdings's share price is $155.57. Copa Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $91.53. Hence, Copa Holdings's PS Ratio for today is 1.70.

Warning Sign:

Copa Holdings SA stock PS Ratio (=1.7) is close to 3-year high of 1.76.

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

CPA' s PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.44   Max: 9.62
Current: 1.73

During the past 13 years, Copa Holdings's highest PS Ratio was 9.62. The lowest was 0.49. And the median was 1.44.

CPA's PS Ratio is ranked worse than
65.66% of 993 companies
in the Transportation industry
Industry Median: 1.01 vs CPA: 1.73

Copa Holdings's Revenue per Sharefor the three months ended in Mar. 2026 was $25.56. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $91.53.

Warning Sign:

Copa Holdings SA revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Copa Holdings was 10.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 34.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.90% per year.

During the past 13 years, Copa Holdings's highest 3-Year average Revenue per Share Growth Rate was 65.80% per year. The lowest was -31.80% per year. And the median was 11.50% per year.

Back to Basics: PS Ratio


Copa Holdings  (NYSE:CPA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Copa Holdings PS Ratio Related Terms


Copa Holdings PS Ratio Historical Data

* Premium members only.

The historical data trend for Copa Holdings's 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.

Copa Holdings PS Ratio Chart

Copa Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 1.14 1.24 1.07 1.38

Copa Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.11 1.31 1.39 1.38 1.24

CPA vs ALK, SKYW, ALGT: PS Ratio Comparison

For the Airlines subindustry, Copa Holdings's PS Ratio, along with its competitors' market caps and 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.


Copa Holdings PS Ratio vs Transportation Industry

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

* The bar in red indicates where Copa Holdings's PS Ratio falls into.


CPA
86GF Score
Copa Holdings SA CPA
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Copa Holdings PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Copa Holdings's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=155.57/91.528
=1.70

Copa Holdings's Share Price of today is $155.57.
Copa Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $91.53.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 1.70 mean?
Copa Holdings (CPA) has a PS Ratio of 1.70 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Copa Holdings and its competitors. This is 18% above median its historical median of 1.44. Over the past decade, Copa Holdings' PS Ratio has ranged from 0.49 to 9.62. According to the industry distribution chart, Copa Holdings ranks #652 out of 993 companies in the Transportation industry, placing it in the top 65.7%.
Is Copa Holdings' PS Ratio too high?
Copa Holdings' current PS Ratio of 1.70 is 18% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 9.62. The Transportation industry median PS Ratio is 1.01. Copa Holdings' value of 1.70 is 68.3% above this industry median. Based on the distribution chart, Copa Holdings ranks #652 out of 993 companies in the Transportation industry, which is below the industry midpoint. Overall, Copa Holdings has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Copa Holdings' PS Ratio compare to ALK and SKYW?
According to the Transportation industry distribution chart, Copa Holdings ranks #652 out of 993 companies for PS Ratio. This places Copa Holdings in the lower half of its industry. The industry median PS Ratio is 1.01. Copa Holdings' value of 1.70 is 68.3% above this benchmark. Historically, Copa Holdings' own PS Ratio has ranged from 0.49 to 9.62 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.01, Copa Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Transportation company?
The median PS Ratio among Transportation companies is 1.01, based on 993 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Copa Holdings's current PS Ratio of 1.70 is 68.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Copa Holdings and its competitors. For the Transportation industry, the median PS Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Copa Holdings's current PS Ratio is 1.70, which is 18% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Copa Holdings (CPA) is currently considered Significantly Overvalued. The stock's GF Value™ is $114.10, compared to a current price of $155.57 — trading 36.3% above its estimated fair value. The current PS Ratio is 1.70, which is 18% above median its 10-year median of 1.44 and 68.3% above the Transportation industry median of 1.01. Copa Holdings' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Copa Holdings (CPA), the current PS Ratio is 1.70 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Copa Holdings (CPA) Overvalued in 2026?

Based on GuruFocus' analysis, Copa Holdings stock appears to be overvalued. The current stock price of $155.57 is trading 36.3% above its estimated GF Value™ of $114.10. GuruFocus considers Copa Holdings to be Significantly Overvalued.

Key valuation signals for CPA:

  • PS Ratio: 1.70 (18% above median its 10-year median of 1.44)
  • GF Value™: $114.10 vs. price of $155.57 (36.3% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 68.3% above the Transportation median (#652 of 993)

No single metric tells the full story. See the CPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Copa Holdings Business Description

Other Exchanges C2H:Germany
Address Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN, 0816-06819
Copa Holdings SA is a provider of airline passenger and cargo services through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama, and domestic and international air transportation for passengers, cargo, and mail with a point-to-point route network through Copa Colombia, a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and the Caribbean. It derives the maximum revenue from North America.
86GF Score

Get the complete analysis for CPA

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$155.57
Price
$114.10
GF Value