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Korean Air Lines Co (XKRX:003490) Cyclically Adjusted PS Ratio : 0.25 (As of May. 23, 2024)


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What is Korean Air Lines Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Korean Air Lines Co's current share price is ₩21150.00. Korean Air Lines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩84,325.60. Korean Air Lines Co's Cyclically Adjusted PS Ratio for today is 0.25.

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

XKRX:003490' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 0.32
Current: 0.25

During the past years, Korean Air Lines Co's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.08. And the median was 0.19.

XKRX:003490's Cyclically Adjusted PS Ratio is ranked better than
84.17% of 739 companies
in the Transportation industry
Industry Median: 0.84 vs XKRX:003490: 0.25

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.

Korean Air Lines Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩11,617.842. 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 ₩84,325.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korean Air Lines Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Korean Air Lines 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.

Korean Air Lines Co Cyclically Adjusted PS Ratio Chart

Korean Air Lines 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 0.16 0.19 0.29 0.24 0.28

Korean Air Lines 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 0.25 0.27 0.24 0.28 0.26

Competitive Comparison of Korean Air Lines Co's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Korean Air Lines 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.


Korean Air Lines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Korean Air Lines Co's Cyclically Adjusted PS Ratio falls into.



Korean Air Lines 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.

Korean Air Lines Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21150.00/84325.6
=0.25

* 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.

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

For example, Korean Air Lines 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)
=11617.842/118.8477*118.8477
=11,617.842

Current CPI (Mar. 2024) = 118.8477.

Korean Air Lines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29,863.956 99.353 35,723.758
201409 32,643.886 99.608 38,949.189
201412 30,378.247 99.098 36,432.469
201503 29,992.240 99.720 35,745.174
201506 24,272.450 100.050 28,832.832
201509 25,878.090 100.110 30,721.721
201512 25,379.600 100.220 30,096.858
201603 24,964.827 100.560 29,504.895
201606 24,533.817 100.790 28,929.335
201609 27,135.190 101.460 31,785.481
201612 25,578.646 101.560 29,932.683
201703 24,820.984 102.850 28,681.739
201706 20,549.487 102.610 23,801.377
201709 22,694.781 103.490 26,062.639
201712 21,959.888 102.990 25,341.122
201803 21,973.212 104.100 25,086.126
201806 21,967.848 104.130 25,072.776
201809 24,868.970 105.650 27,975.579
201812 23,167.319 104.350 26,386.033
201903 22,157.502 104.490 25,202.107
201906 22,075.162 104.880 25,015.086
201909 23,306.997 105.200 26,330.637
201912 23,285.048 105.120 26,325.860
202003 17,036.518 105.540 19,184.679
202006 9,786.006 104.870 11,090.343
202009 8,818.151 106.200 9,868.333
202012 8,721.523 105.765 9,800.303
202103 7,019.504 107.357 7,770.805
202106 5,295.051 107.579 5,849.719
202109 6,094.774 108.759 6,660.125
202112 8,790.903 109.676 9,526.011
202203 7,803.346 111.806 8,294.827
202206 9,662.381 114.083 10,065.950
202209 10,572.912 114.831 10,942.716
202212 10,497.643 115.200 10,830.022
202303 9,692.925 116.550 9,884.048
202306 10,529.915 117.140 10,683.432
202309 11,539.330 119.111 11,513.802
202312 11,672.848 118.848 11,672.848
202403 11,617.842 118.848 11,617.842

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.


Korean Air Lines Co  (XKRX:003490) 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.


Korean Air Lines Co Cyclically Adjusted PS Ratio Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

Traded in Other Exchanges
Address
260 Haneul-gil, Gangseo-gu, Seoul, KOR
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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