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Ryanair Holdings (XTER:RY4C) Cyclically Adjusted PS Ratio : 2.74 (As of May. 28, 2024)


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What is Ryanair Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Ryanair Holdings's current share price is €18.505. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.75. Ryanair Holdings's Cyclically Adjusted PS Ratio for today is 2.74.

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

XTER:RY4C' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.3   Max: 5.58
Current: 2.68

During the past years, Ryanair Holdings's highest Cyclically Adjusted PS Ratio was 5.58. The lowest was 1.76. And the median was 3.30.

XTER:RY4C's Cyclically Adjusted PS Ratio is ranked worse than
80.51% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs XTER:RY4C: 2.68

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.

Ryanair Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.892. 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 €6.75 for the trailing ten years ended in Mar. 2024.

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 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 3.54 2.68 2.47 3.14

Ryanair Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.09 2.47 2.44 2.90 3.14

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.505/6.75
=2.74

* 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.

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

For example, Ryanair Holdings'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)
=1.892/120.9901*120.9901
=1.892

Current CPI (Mar. 2024) = 120.9901.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.547 100.573 0.658
201406 1.105 100.773 1.327
201409 1.471 100.474 1.771
201412 0.815 99.576 0.990
201503 0.709 99.975 0.858
201506 1.201 100.573 1.445
201509 1.752 100.274 2.114
201512 0.994 99.676 1.207
201603 0.884 99.676 1.073
201606 1.314 101.072 1.573
201609 1.938 100.274 2.338
201612 1.072 99.676 1.301
201703 0.952 100.374 1.148
201706 1.558 100.673 1.872
201709 2.085 100.474 2.511
201712 1.178 100.075 1.424
201803 1.110 100.573 1.335
201806 1.773 101.072 2.122
201809 2.391 101.371 2.854
201812 1.369 100.773 1.644
201903 1.109 101.670 1.320
201906 2.034 102.168 2.409
201909 2.741 102.268 3.243
201912 1.703 102.068 2.019
202003 1.086 102.367 1.284
202006 0.115 101.769 0.137
202009 0.957 101.072 1.146
202012 0.303 101.072 0.363
202103 0.105 102.367 0.124
202106 0.328 103.364 0.384
202109 1.566 104.859 1.807
202112 1.299 106.653 1.474
202203 1.037 109.245 1.148
202206 2.283 112.779 2.449
202209 3.528 113.504 3.761
202212 2.029 115.436 2.127
202303 1.622 117.609 1.669
202309 4.304 120.749 4.313
202312 2.357 120.749 2.362
202403 1.892 120.990 1.892

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  (XTER:RY4C) 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

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


Ryanair Holdings (XTER:RY4C) 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 (XTER:RY4C) Headlines

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