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Air Transport Services Group (Air Transport Services Group) Cyclically Adjusted Revenue per Share : $21.29 (As of Dec. 2023)


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What is Air Transport Services 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.

Air Transport Services Group's adjusted revenue per share for the three months ended in Dec. 2023 was $7.721. 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 $21.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Air Transport Services Group's average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% 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 Air Transport Services Group was 12.70% per year. The lowest was -9.20% per year. And the median was -2.75% per year.

As of today (2024-04-28), Air Transport Services Group's current stock price is $12.91. Air Transport Services Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.29. Air Transport Services Group's Cyclically Adjusted PS Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Air Transport Services Group was 2.18. The lowest was 0.30. And the median was 1.41.


Air Transport Services Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Air Transport Services 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.

Air Transport Services Group Cyclically Adjusted Revenue per Share Chart

Air Transport Services 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 13.38 14.89 16.86 19.06 21.29

Air Transport Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.06 19.70 20.30 20.92 21.29

Competitive Comparison of Air Transport Services Group's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Air Transport Services 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.


Air Transport Services Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Air Transport Services Group's Cyclically Adjusted PS Ratio falls into.



Air Transport Services 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, Air Transport Services Group'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)
=7.721/129.4194*129.4194
=7.721

Current CPI (Dec. 2023) = 129.4194.

Air Transport Services Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.204 99.695 2.861
201406 2.295 100.560 2.954
201409 2.121 100.428 2.733
201412 2.422 99.070 3.164
201503 2.250 99.621 2.923
201506 2.266 100.684 2.913
201509 2.184 100.392 2.815
201512 2.816 99.792 3.652
201603 2.727 100.470 3.513
201606 2.644 101.688 3.365
201609 3.206 101.861 4.073
201612 3.701 101.863 4.702
201703 3.663 102.862 4.609
201706 4.289 103.349 5.371
201709 4.326 104.136 5.376
201712 5.222 104.011 6.498
201803 3.409 105.290 4.190
201806 2.978 106.317 3.625
201809 2.999 106.507 3.644
201812 4.157 105.998 5.076
201903 5.761 107.251 6.952
201906 5.680 108.070 6.802
201909 5.327 108.329 6.364
201912 5.825 108.420 6.953
202003 5.729 108.902 6.808
202006 6.389 108.767 7.602
202009 6.833 109.815 8.053
202012 6.641 109.897 7.821
202103 5.032 111.754 5.827
202106 5.617 114.631 6.342
202109 6.072 115.734 6.790
202112 6.103 117.630 6.715
202203 5.475 121.301 5.841
202206 5.698 125.017 5.899
202209 5.825 125.227 6.020
202212 6.172 125.222 6.379
202303 6.033 127.348 6.131
202306 6.657 128.729 6.693
202309 7.199 129.860 7.175
202312 7.721 129.419 7.721

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


Air Transport Services Group  (NAS:ATSG) 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.

Air Transport Services Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.91/21.29
=0.61

* 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 Air Transport Services Group was 2.18. The lowest was 0.30. And the median was 1.41.


Be Aware

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


Air Transport Services Group Cyclically Adjusted Revenue per Share Related Terms

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


Air Transport Services Group (Air Transport Services Group) Business Description

Traded in Other Exchanges
Address
145 Hunter Drive, Wilmington, OH, USA, 45177
Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.
Executives
Koharik Edward Joseph Iii officer: Chief Operating Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Johns Raymond E Jr director C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Michael L Berger officer: Chief Commercial Officer C\O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Jeffrey J Vorholt director 13 VIA ROMA, PALM COAST FL 32137
Amazon Com Inc 10 percent owner 410 TERRY AVENUE NORTH, SEATTLE WA 98109
Matthew E. Fedders officer: VP, Corporate Controller C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Paul Chase officer: Chief Commercial Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Joseph C Hete officer: President & CEO
W Joseph Payne officer: Sr. VP, General Counsel & Sec. ABX AIR INC, 145 HUNTER DRIVE, WILMINGTON OH 45177
Quint O Turner officer: Chief Financial Officer 145 HUNTER DRIVE, WILMINGTON OH 45177
Jeffrey A. Dominick director ABX HOLDINGS, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Randy D Rademacher director ABX AIR, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
John Christopher Teets director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Richard Francis Corrado officer: Chief Commercial Officer C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177
Phyllis J Campbell director C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177

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