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Ryanair Holdings (LSE:RYA) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Ryanair Holdings Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryanair Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings Cyclically Adjusted PS Ratio Chart

Ryanair Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 1.92 3.54 2.68 2.47

Ryanair Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 1.87 2.09 2.47 2.44 2.91

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Ryanair Holdings 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.

Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ryanair Holdings'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)
=2.382/120.1096*120.1096
=2.382

Current CPI (Dec. 2023) = 120.1096.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.703 99.875 0.845
201403 0.605 100.573 0.723
201406 1.105 100.773 1.317
201409 1.509 100.474 1.804
201412 0.836 99.576 1.008
201503 0.659 99.975 0.792
201506 1.201 100.573 1.434
201509 1.752 100.274 2.099
201512 0.994 99.676 1.198
201603 0.884 99.676 1.065
201606 1.314 101.072 1.562
201609 1.938 100.274 2.321
201612 1.072 99.676 1.292
201703 0.952 100.374 1.139
201706 1.558 100.673 1.859
201709 2.085 100.474 2.492
201712 1.178 100.075 1.414
201803 1.110 100.573 1.326
201806 1.773 101.072 2.107
201809 2.391 101.371 2.833
201812 1.369 100.773 1.632
201903 1.109 101.670 1.310
201906 2.034 102.168 2.391
201909 2.741 102.268 3.219
201912 1.703 102.068 2.004
202003 1.086 102.367 1.274
202006 0.115 101.769 0.136
202009 0.957 101.072 1.137
202012 0.303 101.072 0.360
202103 0.105 102.367 0.123
202106 0.328 103.364 0.381
202109 1.566 104.859 1.794
202112 1.302 106.653 1.466
202203 1.038 109.245 1.141
202206 2.296 112.734 2.446
202209 3.543 113.431 3.752
202212 2.041 115.425 2.124
202303 1.630 117.618 1.665
202309 4.347 120.708 4.325
202312 2.382 120.110 2.382

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.


Ryanair Holdings  (LSE:RYA) 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.


Ryanair Holdings Cyclically Adjusted PS Ratio Related Terms

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Ryanair Holdings (LSE:RYA) Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

Ryanair Holdings (LSE:RYA) Headlines

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