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JetBlue Airways (JetBlue Airways) Cyclically Adjusted Revenue per Share : $25.28 (As of Mar. 2024)


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What is JetBlue Airways 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.

JetBlue Airways's adjusted revenue per share for the three months ended in Mar. 2024 was $6.503. 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 $25.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JetBlue Airways's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.90% 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 JetBlue Airways was 8.60% per year. The lowest was 4.20% per year. And the median was 6.15% per year.

As of today (2024-04-27), JetBlue Airways's current stock price is $5.78. JetBlue Airways's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $25.28. JetBlue Airways's Cyclically Adjusted PS Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of JetBlue Airways was 1.75. The lowest was 0.15. And the median was 0.89.


JetBlue Airways Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways Cyclically Adjusted Revenue per Share Chart

JetBlue Airways 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 19.75 19.71 21.32 23.67 25.22

JetBlue Airways 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 24.23 24.77 25.14 25.22 25.28

Competitive Comparison of JetBlue Airways's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



JetBlue Airways 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, JetBlue Airways'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)
=6.503/129.4194*129.4194
=6.503

Current CPI (Mar. 2024) = 129.4194.

JetBlue Airways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.341 100.560 5.587
201409 4.483 100.428 5.777
201412 4.219 99.070 5.511
201503 4.399 99.621 5.715
201506 4.638 100.684 5.962
201509 4.911 100.392 6.331
201512 4.664 99.792 6.049
201603 4.729 100.470 6.092
201606 4.794 101.688 6.101
201609 5.047 101.861 6.412
201612 4.672 101.863 5.936
201703 4.731 102.862 5.952
201706 5.538 103.349 6.935
201709 5.546 104.136 6.893
201712 5.419 104.011 6.743
201803 5.442 105.290 6.689
201806 6.121 106.317 7.451
201809 6.471 106.507 7.863
201812 6.373 105.998 7.781
201903 6.096 107.251 7.356
201906 6.975 108.070 8.353
201909 7.050 108.329 8.423
201912 7.047 108.420 8.412
202003 5.729 108.902 6.808
202006 0.791 108.767 0.941
202009 1.806 109.815 2.128
202012 2.243 109.897 2.641
202103 2.317 111.754 2.683
202106 4.663 114.631 5.265
202109 6.138 115.734 6.864
202112 5.729 117.630 6.303
202203 5.417 121.301 5.780
202206 7.567 125.017 7.833
202209 7.883 125.227 8.147
202212 7.388 125.222 7.636
202303 7.106 127.348 7.222
202306 7.824 128.729 7.866
202309 7.060 129.860 7.036
202312 6.867 129.419 6.867
202403 6.503 129.419 6.503

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


JetBlue Airways  (NAS:JBLU) 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.

JetBlue Airways's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=5.78/25.28
=0.23

* 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 JetBlue Airways was 1.75. The lowest was 0.15. And the median was 0.89.


Be Aware

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


JetBlue Airways Cyclically Adjusted Revenue per Share Related Terms

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


JetBlue Airways (JetBlue Airways) Business Description

Industry
Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
Executives
Gerald Alfred Spencer officer: Principal Accounting Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements officer: Chief Digital & Tech Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson officer: General Counsel Corp Sec C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
O'hagan Sarah Robb director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma director C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Ursula L Hurley officer: Chief Financial Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Christopher Clark officer: Head of Revenue and Planning C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robin Hayes director, officer: CEO C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101