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Allegiant Travel Co (Allegiant Travel Co) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 05, 2024)


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What is Allegiant Travel Co Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Allegiant Travel Co's current share price is $54.90. Allegiant Travel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $116.17. Allegiant Travel Co's Cyclically Adjusted PS Ratio for today is 0.47.

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

ALGT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 2.28   Max: 5.93
Current: 0.46

During the past years, Allegiant Travel Co's highest Cyclically Adjusted PS Ratio was 5.93. The lowest was 0.41. And the median was 2.28.

ALGT's Cyclically Adjusted PS Ratio is ranked better than
68.83% of 738 companies
in the Transportation industry
Industry Median: 0.84 vs ALGT: 0.46

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.

Allegiant Travel Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $37.161. 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 $116.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allegiant Travel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allegiant Travel Co'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.

Allegiant Travel Co Cyclically Adjusted PS Ratio Chart

Allegiant Travel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.40 2.09 0.67 0.73

Allegiant Travel Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.87 1.16 0.69 0.73 0.65

Competitive Comparison of Allegiant Travel Co's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Allegiant Travel Co'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.


Allegiant Travel Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Allegiant Travel Co's Cyclically Adjusted PS Ratio falls into.



Allegiant Travel Co 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.

Allegiant Travel Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.90/116.17
=0.47

* 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.

Allegiant Travel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allegiant Travel Co'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)
=37.161/131.7762*131.7762
=37.161

Current CPI (Mar. 2024) = 131.7762.

Allegiant Travel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.263 100.560 21.312
201409 14.970 100.428 19.643
201412 16.039 99.070 21.334
201503 19.101 99.621 25.266
201506 18.956 100.684 24.810
201509 17.781 100.392 23.340
201512 18.618 99.792 24.585
201603 20.876 100.470 27.381
201606 20.974 101.688 27.180
201609 20.327 101.861 26.297
201612 21.445 101.863 27.743
201703 23.164 102.862 29.675
201706 24.775 103.349 31.590
201709 22.078 104.136 27.938
201712 23.846 104.011 30.212
201803 26.761 105.290 33.493
201806 27.393 106.317 33.953
201809 24.628 106.507 30.471
201812 25.670 105.998 31.913
201903 28.203 107.251 34.652
201906 30.603 108.070 37.316
201909 27.215 108.329 33.105
201912 28.765 108.420 34.962
202003 25.651 108.902 31.039
202006 8.386 108.767 10.160
202009 12.557 109.815 15.068
202012 15.306 109.897 18.353
202103 17.265 111.754 20.358
202106 27.671 114.631 31.810
202109 25.861 115.734 29.446
202112 27.791 117.630 31.133
202203 27.855 121.301 30.260
202206 34.980 125.017 36.871
202209 31.105 125.227 32.732
202212 33.637 125.222 35.398
202303 36.563 127.348 37.834
202306 38.670 128.729 39.585
202309 31.903 129.860 32.374
202312 33.321 129.419 33.928
202403 37.161 131.776 37.161

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.


Allegiant Travel Co  (NAS:ALGT) 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.


Allegiant Travel Co Cyclically Adjusted PS Ratio Related Terms

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


Allegiant Travel Co (Allegiant Travel Co) Business Description

Traded in Other Exchanges
N/A
Address
1201 North Town Center Drive, Las Vegas, NV, USA, 89144
Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
Executives
Scott Wayne Deangelo officer: EVP, Marketing 1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144
Keny Frank Wilper officer: Interim COO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gary Ellmer director 448 LANG ROAD, PORTSMOUTH NH 03801
Gregory Clark Anderson officer: Chief Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Wilson Robert Paul Iii officer: EVP and CIO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Drew Allen Wells officer: SVP, Chief Revenue Officer 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Scott Sheldon officer: Principal Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Robert James Neal officer: CFO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gallagher Maurice J Jr director, 10 percent owner, officer: CEO and President 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Rebecca Aretos officer: Principal Accounting Officer 1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John Redmond director 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Linda A Marvin officer: CFO and Managing Director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Jude Bricker officer: SVP - Planning 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144