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Corporacion America Airports (Corporacion America Airports) Cyclically Adjusted PS Ratio : 1.92 (As of Jun. 08, 2024)


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What is Corporacion America Airports Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Corporacion America Airports's current share price is $17.24. Corporacion America Airports's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $8.96. Corporacion America Airports's Cyclically Adjusted PS Ratio for today is 1.92.

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

CAAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.6   Med: 1.77   Max: 1.92
Current: 1.92

During the past 10 years, Corporacion America Airports's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 1.60. And the median was 1.77.

CAAP's Cyclically Adjusted PS Ratio is ranked worse than
74.63% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs CAAP: 1.92

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.

Corporacion America Airports's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $8.693. 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 $8.96 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion America Airports Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Cyclically Adjusted PS Ratio Chart

Corporacion America Airports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.79

Corporacion America Airports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - - 1.79 -

Competitive Comparison of Corporacion America Airports's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Corporacion America Airports'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.


Corporacion America Airports's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Corporacion America Airports's Cyclically Adjusted PS Ratio falls into.



Corporacion America Airports 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.

Corporacion America Airports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.24/8.96
=1.92

* 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.

Corporacion America Airports's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Corporacion America Airports's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=8.693/121.1700*121.1700
=8.693

Current CPI (Dec23) = 121.1700.

Corporacion America Airports Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 98.830 0.000
201512 8.014 99.910 9.719
201612 9.225 101.040 11.063
201712 9.843 102.410 11.646
201812 8.978 104.320 10.428
201912 9.740 106.080 11.126
202012 3.795 106.670 4.311
202112 4.404 111.090 4.804
202212 8.574 117.060 8.875
202312 8.693 121.170 8.693

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.


Corporacion America Airports  (NYSE:CAAP) 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.


Corporacion America Airports Cyclically Adjusted PS Ratio Related Terms

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Corporacion America Airports (Corporacion America Airports) Business Description

Traded in Other Exchanges
N/A
Address
128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330
Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.