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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Cyclically Adjusted PS Ratio : (As of Apr. 30, 2024)


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What is Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grupo Aeroportuario del Centro NorteB de CV'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.

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Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted PS Ratio Chart

Grupo Aeroportuario del Centro NorteB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.42 9.94 8.63 7.91 7.40

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 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 8.22 6.81 7.40 9.55 -

Competitive Comparison of Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Grupo Aeroportuario del Centro NorteB de CV'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.


Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio falls into.



Grupo Aeroportuario del Centro NorteB de CV 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.

Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo Aeroportuario del Centro NorteB de CV'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)
=4.687/151.0167*151.0167
=4.687

Current CPI (Mar. 2024) = 151.0167.

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 1.284 93.421 2.076
201306 1.277 93.115 2.071
201309 1.315 93.700 2.119
201312 1.462 95.568 2.310
201403 1.281 96.932 1.996
201406 1.379 96.609 2.156
201409 1.492 97.652 2.307
201412 1.392 99.469 2.113
201503 1.382 99.973 2.088
201506 1.429 99.382 2.171
201509 1.386 100.112 2.091
201512 1.431 101.588 2.127
201603 1.337 102.573 1.968
201606 1.477 101.905 2.189
201609 1.575 103.084 2.307
201612 1.564 105.002 2.249
201703 1.746 108.063 2.440
201706 1.955 108.339 2.725
201712 0.000 112.114 0.000
201803 2.162 113.505 2.877
201806 2.057 113.373 2.740
201809 2.138 115.130 2.804
201812 2.093 117.530 2.689
201903 2.035 118.050 2.603
201906 2.294 117.848 2.940
201909 2.225 118.581 2.834
201912 2.452 120.854 3.064
202003 1.655 121.885 2.051
202006 0.564 121.777 0.699
202009 1.126 123.341 1.379
202012 1.673 124.661 2.027
202103 1.487 127.574 1.760
202106 2.247 128.936 2.632
202109 2.382 130.742 2.751
202112 2.706 133.830 3.054
202203 2.295 137.082 2.528
202206 3.004 139.233 3.258
202212 3.895 144.291 4.077
202303 3.700 146.472 3.815
202403 4.687 151.017 4.687

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.


Grupo Aeroportuario del Centro NorteB de CV  (NAS:OMAB) 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.


Grupo Aeroportuario del Centro NorteB de CV Cyclically Adjusted PS Ratio Related Terms

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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Business Description

Address
Avenue Patriotismo 201, Plaza Metropoli Patriotismo, 5th Floor, Col. San Pedro de los Pinos, Benito Juarez, MEX, MEX, 03800
Grupo Aeroportuario del Centro Norte operates airports in the central region of Mexico. The largest airport is in Monterrey, which serves nearly half of the company's total passengers. In addition, the company manages two hotels and one industrial park.

Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Headlines