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Ryanair Holdings (CHIX:0RYAL) Cyclically Adjusted PS Ratio : 2.84 (As of May. 20, 2024)


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What is Ryanair Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Ryanair Holdings's current share price is £15.74. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was £5.55. Ryanair Holdings's Cyclically Adjusted PS Ratio for today is 2.84.

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

CHIX:0RYAl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.31   Max: 5.58
Current: 2.79

During the past years, Ryanair Holdings's highest Cyclically Adjusted PS Ratio was 5.58. The lowest was 1.76. And the median was 3.31.

CHIX:0RYAl's Cyclically Adjusted PS Ratio is ranked worse than
81.46% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs CHIX:0RYAl: 2.79

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.

Ryanair Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was £2.030. 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 £5.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryanair Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryanair 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.

Ryanair Holdings Cyclically Adjusted PS Ratio Chart

Ryanair Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 1.92 3.54 2.68 2.47

Ryanair Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.87 2.09 2.47 2.44 2.90

Competitive Comparison of Ryanair Holdings's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Ryanair 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.


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

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

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



Ryanair 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.74/5.55
=2.84

* 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.

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

For example, Ryanair Holdings'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)
=2.03/120.7486*120.7486
=2.030

Current CPI (Dec. 2023) = 120.7486.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.587 99.875 0.710
201403 0.456 100.573 0.547
201406 0.888 100.773 1.064
201409 1.164 100.474 1.399
201412 0.642 99.576 0.779
201503 0.513 99.975 0.620
201506 0.865 100.573 1.039
201509 1.282 100.274 1.544
201512 0.723 99.676 0.876
201603 0.691 99.676 0.837
201606 1.039 101.072 1.241
201609 1.656 100.274 1.994
201612 0.906 99.676 1.098
201703 0.825 100.374 0.992
201706 1.367 100.673 1.640
201709 1.864 100.474 2.240
201712 1.040 100.075 1.255
201803 0.980 100.573 1.177
201806 1.558 101.072 1.861
201809 2.134 101.371 2.542
201812 1.230 100.773 1.474
201903 0.951 101.670 1.129
201906 1.813 102.168 2.143
201909 2.439 102.268 2.880
201912 1.444 102.068 1.708
202003 0.970 102.367 1.144
202006 0.103 101.769 0.122
202009 0.870 101.072 1.039
202012 0.274 101.072 0.327
202103 0.090 102.367 0.106
202106 0.282 103.364 0.329
202109 1.341 104.859 1.544
202112 1.104 106.653 1.250
202203 0.867 109.245 0.958
202206 1.960 112.779 2.099
202209 3.085 113.504 3.282
202212 1.764 115.436 1.845
202303 1.431 117.609 1.469
202309 3.711 120.749 3.711
202312 2.030 120.749 2.030

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.


Ryanair Holdings  (CHIX:0RYAl) 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.


Ryanair Holdings Cyclically Adjusted PS Ratio Related Terms

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


Ryanair Holdings (CHIX:0RYAL) Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.

Ryanair Holdings (CHIX:0RYAL) Headlines

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