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Hawaiian Holdings (Hawaiian Holdings) Cyclically Adjusted PS Ratio : 0.24 (As of Apr. 27, 2024)


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What is Hawaiian Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Hawaiian Holdings's current share price is $12.27. Hawaiian Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $52.07. Hawaiian Holdings's Cyclically Adjusted PS Ratio for today is 0.24.

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

HA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.57   Max: 1.77
Current: 0.24

During the past years, Hawaiian Holdings's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.07. And the median was 0.57.

HA's Cyclically Adjusted PS Ratio is ranked better than
86.07% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs HA: 0.24

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.

Hawaiian Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $12.454. 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 $52.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawaiian Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hawaiian 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.

Hawaiian Holdings Cyclically Adjusted PS Ratio Chart

Hawaiian Holdings 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 0.65 0.40 0.39 0.20 0.27

Hawaiian Holdings 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 0.18 0.21 0.12 0.27 0.26

Competitive Comparison of Hawaiian Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Hawaiian 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.


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

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

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



Hawaiian 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.27/52.07
=0.24

* 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.

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

For example, Hawaiian 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)
=12.454/129.4194*129.4194
=12.454

Current CPI (Mar. 2024) = 129.4194.

Hawaiian Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.161 100.560 11.790
201409 10.142 100.428 13.070
201412 8.679 99.070 11.338
201503 8.321 99.621 10.810
201506 9.236 100.684 11.872
201509 10.386 100.392 13.389
201512 9.971 99.792 12.931
201603 10.216 100.470 13.160
201606 11.041 101.688 14.052
201609 12.537 101.861 15.929
201612 11.242 101.863 14.283
201703 11.230 102.862 14.129
201706 12.429 103.349 15.564
201709 13.385 104.136 16.635
201712 13.063 104.011 16.254
201803 12.997 105.290 15.976
201806 14.062 106.317 17.118
201809 14.963 106.507 18.182
201812 14.191 105.998 17.327
201903 13.561 107.251 16.364
201906 14.872 108.070 17.810
201909 15.987 108.329 19.099
201912 15.182 108.420 18.123
202003 12.164 108.902 14.456
202006 1.305 108.767 1.553
202009 1.652 109.815 1.947
202012 3.222 109.897 3.794
202103 3.683 111.754 4.265
202106 8.030 114.631 9.066
202109 9.819 115.734 10.980
202112 9.659 117.630 10.627
202203 9.305 121.301 9.928
202206 13.472 125.017 13.946
202209 14.423 125.227 14.906
202212 14.219 125.222 14.696
202303 11.894 127.348 12.087
202306 13.704 128.729 13.778
202309 14.094 129.860 14.046
202312 12.952 129.419 12.952
202403 12.454 129.419 12.454

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.


Hawaiian Holdings  (NAS:HA) 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.


Hawaiian Holdings Cyclically Adjusted PS Ratio Related Terms

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


Hawaiian Holdings (Hawaiian Holdings) Business Description

Traded in Other Exchanges
Address
3375 Koapaka Street, Suite G-350, Honolulu, HI, USA, 96819
Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific, Australia, New Zealand, and Asia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program.
Executives
Aaron J Alter officer: Exec VP & Chief Legal Officer 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Avi Mannis officer: See Remarks C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Brent Overbeek officer: EVP. Chief Revenue Officer C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Crystal Rose director 47-460 WAIHEE PLACE, KANEOHE HI 96744
Daniel W. Akins director C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Richard N Zwern director 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Jonathan D. Snook officer: Executive VP and COO 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
William S Swelbar director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET SUITE G, HONOLULU HI 96819
Wendy A. Beck director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Craig Vosburg director 2000 PURCHASE STREET, PURCHASE NY 10577
Mark D. Schneider director C/O HAWAIIAN HOLDINGS INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Donald J Carty director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Shannon Lei Okinaka officer: SVP and Interim CFO C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Theodoros Panagiotoulias officer: SVP - Global Sales & Alliances C/O HAWAIIAN AIRLINES INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
H Jayne Hrdlicka director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819