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Air France-KLM (XPAR:AF) Cyclically Adjusted Revenue per Share : €306.97 (As of Mar. 2024)


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What is Air France-KLM 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 France-KLM's adjusted revenue per share for the three months ended in Mar. 2024 was €25.336. 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 €306.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Air France-KLM's average Cyclically Adjusted Revenue Growth Rate was -10.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -6.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.60% 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 France-KLM was 0.40% per year. The lowest was -6.10% per year. And the median was -2.00% per year.

As of today (2024-05-23), Air France-KLM's current stock price is €10.65. Air France-KLM's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €306.97. Air France-KLM's Cyclically Adjusted PS Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Air France-KLM was 0.17. The lowest was 0.03. And the median was 0.08.


Air France-KLM Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Air France-KLM'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 France-KLM Cyclically Adjusted Revenue per Share Chart

Air France-KLM 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 403.55 377.95 357.32 340.38 312.85

Air France-KLM 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 339.32 331.66 322.04 312.85 306.97

Competitive Comparison of Air France-KLM's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Air France-KLM'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 France-KLM's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Cyclically Adjusted PS Ratio falls into.



Air France-KLM 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 France-KLM'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)
=25.336/119.4700*119.4700
=25.336

Current CPI (Mar. 2024) = 119.4700.

Air France-KLM Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 109.920 100.180 131.085
201409 114.113 99.920 136.440
201412 105.924 99.860 126.725
201503 95.202 100.170 113.545
201506 111.627 100.440 132.777
201509 121.907 99.950 145.715
201512 108.608 100.040 129.702
201603 98.484 100.020 117.635
201606 102.737 100.630 121.971
201609 75.224 100.340 89.566
201612 90.010 100.650 106.840
201703 100.605 101.170 118.803
201706 79.786 101.320 94.078
201709 103.301 101.330 121.794
201712 74.067 101.850 86.881
201803 69.668 102.750 81.005
201806 78.173 103.370 90.349
201809 89.015 103.560 102.690
201812 81.858 103.470 94.516
201903 71.221 103.890 81.902
201906 82.833 104.580 94.627
201909 89.770 104.500 102.630
201912 89.016 104.980 101.303
202003 59.324 104.590 67.764
202006 4.697 104.790 5.355
202009 29.782 104.550 34.032
202012 27.883 104.960 31.738
202103 25.446 105.750 28.747
202106 23.157 106.340 26.016
202109 35.910 106.810 40.166
202112 38.041 107.850 42.140
202203 34.951 110.490 37.792
202206 26.104 112.550 27.709
202209 31.572 112.740 33.457
202212 27.747 114.160 29.038
202303 24.633 116.790 25.198
202306 29.668 117.650 30.127
202309 33.696 118.260 34.041
202312 28.204 118.390 28.461
202403 25.336 119.470 25.336

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


Air France-KLM  (XPAR:AF) 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 France-KLM's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.65/306.97
=0.03

* 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 France-KLM was 0.17. The lowest was 0.03. And the median was 0.08.


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 France-KLM Cyclically Adjusted Revenue per Share Related Terms

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


Air France-KLM (XPAR:AF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (XPAR:AF) » Definitions » Cyclically Adjusted Revenue per Share
Address
2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (XPAR:AF) Headlines

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