GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (XSGO:LTM) » Definitions » Cyclically Adjusted Revenue per Share

LATAM Airlines Group (XSGO:LTM) Cyclically Adjusted Revenue per Share : CLP657.15 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is LATAM Airlines Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

LATAM Airlines Group's adjusted revenue per share for the three months ended in Mar. 2024 was CLP4.719. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is CLP657.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LATAM Airlines Group's average Cyclically Adjusted Revenue Growth Rate was -12.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of LATAM Airlines Group was 15.40% per year. The lowest was -1.50% per year. And the median was 8.00% per year.

As of today (2024-06-06), LATAM Airlines Group's current stock price is CLP12.70. LATAM Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was CLP657.15. LATAM Airlines Group's Cyclically Adjusted PS Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LATAM Airlines Group was 1.16. The lowest was 0.01. And the median was 0.50.


LATAM Airlines Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for LATAM Airlines Group's Cyclically Adjusted Revenue per Share 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.

LATAM Airlines Group Cyclically Adjusted Revenue per Share Chart

LATAM Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 715.27 716.18 740.36 765.37 683.56

LATAM Airlines Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 750.77 725.67 703.94 683.56 657.15

Competitive Comparison of LATAM Airlines Group's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, LATAM Airlines Group'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.


LATAM Airlines Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where LATAM Airlines Group's Cyclically Adjusted PS Ratio falls into.



LATAM Airlines Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, LATAM Airlines Group'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)
=4.719/146.1089*146.1089
=4.719

Current CPI (Mar. 2024) = 146.1089.

LATAM Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 167.274 95.543 255.804
201409 187.500 96.883 282.768
201412 185.316 97.515 277.663
201503 172.682 98.539 256.044
201506 156.572 99.770 229.292
201509 174.632 101.383 251.673
201512 167.166 101.775 239.984
201603 154.240 102.930 218.943
201606 133.034 103.965 186.961
201609 159.449 104.521 222.893
201612 164.022 104.532 229.262
201703 143.863 105.752 198.764
201706 130.860 105.730 180.836
201709 154.964 106.035 213.529
201712 147.809 106.907 202.010
201803 152.038 107.670 206.318
201806 134.491 108.421 181.241
201809 145.202 109.369 193.979
201812 168.916 109.653 225.076
201903 158.225 110.339 209.519
201906 148.226 111.352 194.492
201909 173.038 111.821 226.098
201912 188.903 112.943 244.375
202003 176.427 114.468 225.194
202006 33.170 114.283 42.407
202009 29.227 115.275 37.045
202012 54.382 116.299 68.321
202103 56.722 117.770 70.371
202106 60.114 118.630 74.038
202109 94.337 121.431 113.509
202112 154.566 124.634 181.198
202203 138.815 128.850 157.408
202206 188.399 133.448 206.273
202209 229.910 138.101 243.242
202212 3.710 140.574 3.856
202303 3.608 143.145 3.683
202306 3.554 143.538 3.618
202309 4.538 145.172 4.567
202312 4.481 146.109 4.481
202403 4.719 146.109 4.719

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


LATAM Airlines Group  (XSGO:LTM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

LATAM Airlines Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.70/657.15
=0.02

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of LATAM Airlines Group was 1.16. The lowest was 0.01. And the median was 0.50.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


LATAM Airlines Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of LATAM Airlines Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LATAM Airlines Group (XSGO:LTM) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group (XSGO:LTM) Headlines

No Headlines