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Deutsche Lufthansa AG (FRA:LHAB) Cyclically Adjusted PS Ratio : 0.13 (As of May. 28, 2024)


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What is Deutsche Lufthansa AG Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Deutsche Lufthansa AG's current share price is €6.30. Deutsche Lufthansa AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €46.86. Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio for today is 0.13.

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

FRA:LHAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.16   Max: 0.39
Current: 0.13

During the past years, Deutsche Lufthansa AG's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.10. And the median was 0.16.

FRA:LHAB's Cyclically Adjusted PS Ratio is ranked better than
92.02% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs FRA:LHAB: 0.13

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.

Deutsche Lufthansa AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.177. 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 €46.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Chart

Deutsche Lufthansa AG 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 0.23 0.16 0.13 0.16 0.17

Deutsche Lufthansa AG 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 0.21 0.19 0.15 0.17 0.15

Competitive Comparison of Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio falls into.



Deutsche Lufthansa AG 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.

Deutsche Lufthansa AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.30/46.86
=0.13

* 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.

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

For example, Deutsche Lufthansa AG'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)
=6.177/125.0381*125.0381
=6.177

Current CPI (Mar. 2024) = 125.0381.

Deutsche Lufthansa AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.077 99.543 15.170
201409 13.127 99.823 16.443
201412 11.403 99.543 14.324
201503 10.754 99.717 13.485
201506 12.942 100.417 16.115
201509 13.733 100.417 17.100
201512 11.924 99.717 14.952
201603 10.666 100.017 13.334
201606 12.475 100.717 15.487
201609 13.558 101.017 16.782
201612 11.826 101.217 14.609
201703 11.708 101.417 14.435
201706 14.110 102.117 17.277
201709 14.939 102.717 18.185
201712 12.946 102.617 15.775
201803 11.570 102.917 14.057
201806 14.030 104.017 16.865
201809 15.024 104.718 17.939
201812 13.033 104.217 15.637
201903 11.771 104.217 14.123
201906 14.518 105.718 17.171
201909 15.190 106.018 17.915
201912 13.308 105.818 15.725
202003 9.613 105.718 11.370
202006 2.825 106.618 3.313
202009 3.308 105.818 3.909
202012 4.338 105.518 5.141
202103 4.283 107.518 4.981
202106 5.352 108.486 6.169
202109 7.742 109.435 8.846
202112 4.879 110.384 5.527
202203 4.184 113.968 4.590
202206 6.795 115.760 7.340
202209 7.978 118.818 8.396
202212 6.990 119.345 7.323
202303 5.870 122.402 5.996
202306 7.034 123.140 7.142
202309 8.595 124.195 8.653
202312 7.327 123.773 7.402
202403 6.177 125.038 6.177

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.


Deutsche Lufthansa AG  (FRA:LHAB) 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.


Deutsche Lufthansa AG Cyclically Adjusted PS Ratio Related Terms

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


Deutsche Lufthansa AG (FRA:LHAB) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (FRA:LHAB) Headlines

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