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Ryanair Holdings (Ryanair Holdings) Cyclically Adjusted PS Ratio : 3.06 (As of Apr. 27, 2024)


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What is Ryanair Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ryanair Holdings's current share price is $139.91. Ryanair Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $45.79. Ryanair Holdings's Cyclically Adjusted PS Ratio for today is 3.06.

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

RYAAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.31   Max: 5.58
Current: 3.08

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.

RYAAY's Cyclically Adjusted PS Ratio is ranked worse than
84.41% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs RYAAY: 3.08

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 $12.850. 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 $45.79 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 2.91

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
=139.91/45.79
=3.06

* 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)
=12.85/120.1096*120.1096
=12.850

Current CPI (Dec. 2023) = 120.1096.

Ryanair Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.814 99.875 5.789
201403 3.785 100.573 4.520
201406 7.510 100.773 8.951
201409 9.477 100.474 11.329
201412 5.025 99.576 6.061
201503 3.837 99.975 4.610
201506 6.741 100.573 8.050
201509 9.830 100.274 11.774
201512 5.415 99.676 6.525
201603 4.923 99.676 5.932
201606 7.382 101.072 8.772
201609 10.878 100.274 13.030
201612 5.656 99.676 6.815
201703 5.090 100.374 6.091
201706 8.751 100.673 10.441
201709 12.424 100.474 14.852
201712 6.968 100.075 8.363
201803 6.842 100.573 8.171
201806 10.357 101.072 12.308
201809 13.948 101.371 16.526
201812 7.786 100.773 9.280
201903 6.265 101.670 7.401
201906 11.489 102.168 13.507
201909 15.094 102.268 17.727
201912 9.461 102.068 11.133
202003 6.000 102.367 7.040
202006 0.647 101.769 0.764
202009 5.634 101.072 6.695
202012 1.843 101.072 2.190
202103 0.625 102.367 0.733
202106 1.978 103.364 2.298
202109 9.211 104.859 10.551
202112 7.341 106.653 8.267
202203 5.712 109.245 6.280
202206 12.069 112.734 12.859
202209 17.467 113.431 18.495
202212 10.745 115.425 11.181
202303 8.682 117.618 8.866
202309 22.967 120.708 22.853
202312 12.850 120.110 12.850

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  (NAS:RYAAY) 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 (Ryanair Holdings) 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.