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Grupo Aeroportuario del Centro NorteB de CV (Grupo Aeroportuario del Centro NorteB de CV) Cyclically Adjusted PS Ratio : 9.40 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Grupo Aeroportuario del Centro NorteB de CV's current share price is $88.12. Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was $9.37. Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio for today is 9.40.

The historical rank and industry rank for Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio or its related term are showing as below:

OMAB's Cyclically Adjusted PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.82
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Grupo Aeroportuario del Centro NorteB de CV's adjusted revenue per share data for the three months ended in Mar. 2023 was $3.700. 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 $9.37 for the trailing ten years ended in Mar. 2023.

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.

* Premium members only.

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
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 7.91 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.12/9.37
=9.40

* 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.

Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 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. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=3.7/146.4715*146.4715
=3.700

Current CPI (Mar. 2023) = 146.4715.

Grupo Aeroportuario del Centro NorteB de CV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 1.411 91.916 2.248
201303 1.284 93.421 2.013
201306 1.277 93.115 2.009
201309 1.315 93.700 2.056
201312 1.462 95.568 2.241
201403 1.281 96.932 1.936
201406 1.379 96.609 2.091
201409 1.492 97.652 2.238
201412 1.392 99.469 2.050
201503 1.382 99.973 2.025
201506 1.429 99.382 2.106
201509 1.386 100.112 2.028
201512 1.431 101.588 2.063
201603 1.337 102.573 1.909
201606 1.477 101.905 2.123
201609 1.575 103.084 2.238
201612 1.564 105.002 2.182
201703 1.746 108.063 2.367
201706 1.955 108.339 2.643
201712 0.000 112.114 0.000
201803 2.162 113.505 2.790
201806 2.057 113.373 2.658
201809 2.138 115.130 2.720
201812 2.093 117.530 2.608
201903 2.035 118.050 2.525
201906 2.294 117.848 2.851
201909 2.225 118.581 2.748
201912 2.452 120.854 2.972
202003 1.655 121.885 1.989
202006 0.564 121.777 0.678
202009 1.126 123.341 1.337
202012 1.673 124.661 1.966
202103 1.487 127.574 1.707
202106 2.247 128.936 2.553
202109 2.382 130.742 2.669
202112 2.706 133.830 2.962
202203 2.295 137.082 2.452
202206 3.004 139.233 3.160
202212 3.895 144.291 3.954
202303 3.700 146.472 3.700

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

Thank you for viewing the detailed overview of Grupo Aeroportuario del Centro NorteB de CV's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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.