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JetBlue Airways (FRA:JAW) Cyclically Adjusted PS Ratio : 0.21 (As of Jun. 09, 2024)


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What is JetBlue Airways Cyclically Adjusted PS Ratio?

As of today (2024-06-09), JetBlue Airways's current share price is €4.984. JetBlue Airways's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.97. JetBlue Airways's Cyclically Adjusted PS Ratio for today is 0.21.

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

FRA:JAW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.88   Max: 1.75
Current: 0.22

During the past years, JetBlue Airways's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.15. And the median was 0.88.

FRA:JAW's Cyclically Adjusted PS Ratio is ranked better than
87.52% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:JAW: 0.22

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.

JetBlue Airways's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.983. 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 €23.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JetBlue Airways Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways Cyclically Adjusted PS Ratio Chart

JetBlue Airways 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 0.95 0.74 0.67 0.27 0.22

JetBlue Airways 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 0.30 0.36 0.18 0.22 0.29

Competitive Comparison of JetBlue Airways's Cyclically Adjusted PS Ratio

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



JetBlue Airways 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.

JetBlue Airways's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.984/23.97
=0.21

* 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.

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

For example, JetBlue Airways'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)
=5.983/131.7762*131.7762
=5.983

Current CPI (Mar. 2024) = 131.7762.

JetBlue Airways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.195 100.560 4.187
201409 3.478 100.428 4.564
201412 3.422 99.070 4.552
201503 4.065 99.621 5.377
201506 4.132 100.684 5.408
201509 4.376 100.392 5.744
201512 4.281 99.792 5.653
201603 4.247 100.470 5.570
201606 4.267 101.688 5.530
201609 4.497 101.861 5.818
201612 4.429 101.863 5.730
201703 4.423 102.862 5.666
201706 4.929 103.349 6.285
201709 4.653 104.136 5.888
201712 4.579 104.011 5.801
201803 4.414 105.290 5.524
201806 5.239 106.317 6.494
201809 5.546 106.507 6.862
201812 5.602 105.998 6.964
201903 5.395 107.251 6.629
201906 6.173 108.070 7.527
201909 6.401 108.329 7.786
201912 6.342 108.420 7.708
202003 5.184 108.902 6.273
202006 0.703 108.767 0.852
202009 1.533 109.815 1.840
202012 1.844 109.897 2.211
202103 1.947 111.754 2.296
202106 3.870 114.631 4.449
202109 5.217 115.734 5.940
202112 5.071 117.630 5.681
202203 4.918 121.301 5.343
202206 7.159 125.017 7.546
202209 7.962 125.227 8.378
202212 6.974 125.222 7.339
202303 6.637 127.348 6.868
202306 7.221 128.729 7.392
202309 6.615 129.860 6.713
202312 6.297 129.419 6.412
202403 5.983 131.776 5.983

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.


JetBlue Airways  (FRA:JAW) 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.


JetBlue Airways Cyclically Adjusted PS Ratio Related Terms

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


JetBlue Airways (FRA:JAW) Business Description

Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

JetBlue Airways (FRA:JAW) Headlines

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