GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AerCap Holdings NV (NYSE:AER) » Definitions » Cyclically Adjusted PS Ratio

AerCap Holdings NV (AerCap Holdings NV) Cyclically Adjusted PS Ratio : 2.48 (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is AerCap Holdings NV Cyclically Adjusted PS Ratio?

As of today (2024-04-28), AerCap Holdings NV's current share price is $85.49. AerCap Holdings NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $34.49. AerCap Holdings NV's Cyclically Adjusted PS Ratio for today is 2.48.

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

AER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 2.41   Max: 3.68
Current: 2.48

During the past years, AerCap Holdings NV's highest Cyclically Adjusted PS Ratio was 3.68. The lowest was 0.56. And the median was 2.41.

AER's Cyclically Adjusted PS Ratio is ranked worse than
79.2% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs AER: 2.48

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.

AerCap Holdings NV's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.195. 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 $34.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AerCap Holdings NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AerCap Holdings NV'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.

AerCap Holdings NV Cyclically Adjusted PS Ratio Chart

AerCap Holdings NV 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 2.95 1.98 2.45 1.88 2.15

AerCap Holdings NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.88 1.75 1.91 1.84 2.15

Competitive Comparison of AerCap Holdings NV's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, AerCap Holdings NV'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.


AerCap Holdings NV's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AerCap Holdings NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AerCap Holdings NV 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.

AerCap Holdings NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.49/34.49
=2.48

* 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.

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

For example, AerCap Holdings NV'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)
=9.195/120.1096*120.1096
=9.195

Current CPI (Dec. 2023) = 120.1096.

AerCap Holdings NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.279 100.573 2.722
201406 5.081 100.773 6.056
201409 6.118 100.474 7.314
201412 5.306 99.576 6.400
201503 6.001 99.975 7.210
201506 6.324 100.573 7.552
201509 6.640 100.274 7.953
201512 6.717 99.676 8.094
201603 6.665 99.676 8.031
201606 6.506 101.072 7.731
201609 6.616 100.274 7.925
201612 7.474 99.676 9.006
201703 7.031 100.374 8.413
201706 7.466 100.673 8.907
201709 7.748 100.474 9.262
201712 7.912 100.075 9.496
201803 7.909 100.573 9.445
201806 7.992 101.072 9.497
201809 7.929 101.371 9.395
201812 8.462 100.773 10.086
201903 8.631 101.670 10.196
201906 9.347 102.168 10.988
201909 8.899 102.268 10.452
201912 9.478 102.068 11.153
202003 9.573 102.367 11.232
202006 9.344 101.769 11.028
202009 8.046 101.072 9.562
202012 8.081 101.072 9.603
202103 8.459 102.367 9.925
202106 8.002 103.364 9.298
202109 7.822 104.859 8.960
202112 6.958 106.653 7.836
202203 7.469 109.245 8.212
202206 6.734 112.734 7.175
202209 6.992 113.431 7.404
202212 7.462 115.425 7.765
202303 7.724 117.618 7.888
202306 8.258 119.611 8.292
202309 8.319 120.708 8.278
202312 9.195 120.110 9.195

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.


AerCap Holdings NV  (NYSE:AER) 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.


AerCap Holdings NV Cyclically Adjusted PS Ratio Related Terms

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


AerCap Holdings NV (AerCap Holdings NV) Business Description

Traded in Other Exchanges
Address
65 St. Stephen's Green, AerCap House, Dublin, IRL, D02 YX20
AerCap Holdings NV is an aircraft leasing company. Its major activities include leasing, financing, sales, and management of commercial aircraft and engines. It also provides aircraft asset management and corporate services to securitization vehicles, joint ventures, and other third parties. Through its subsidiary, the group also provides engine leasing, certified aircraft engines, airframes, and engine parts. Its geographical segments include China, United States, and Other countries.
Executives
Michael George Walsh director 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James A Lawrence director 2211 S 47TH ST, PHOENIX AZ 85034
Michael Gradon director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Aengus Kelly officer: Chief Executive Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Den Dikken Wouter Marinus officer: Chief Operating Officer AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Peter Juhas officer: Chief Financial Officer 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Philip Gene Scruggs officer: Chief Comm. Off. and President AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Robert G Warden director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Marius Jonkhart director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Al Noaimi Salem Rashed Abdulla Ali director AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Paul T Dacier director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Pieter Korteweg director C/O CERBERUS CAPITAL MANAGEMENT L.P., 299 PARK AVENUE - 22ND FLOOR, NEW YORK NY 10171
Robert H Benmosche director 180 MAIDEN LANE, NEW YORK NY 10038