GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knight-Swift Transportation Holdings Inc (NYSE:KNX) » Definitions » Cyclically Adjusted PS Ratio

KNX (Knight-Swift Transportation Holdings) Cyclically Adjusted PS Ratio : 1.08 (As of Apr. 26, 2025)


View and export this data going back to 1994. Start your Free Trial

What is Knight-Swift Transportation Holdings Cyclically Adjusted PS Ratio?

As of today (2025-04-26), Knight-Swift Transportation Holdings's current share price is $38.92. Knight-Swift Transportation Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $36.04. Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio for today is 1.08.

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

KNX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.83   Max: 2.97
Current: 1.08

During the past years, Knight-Swift Transportation Holdings's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 1.08. And the median was 1.83.

KNX's Cyclically Adjusted PS Ratio is ranked worse than
56.62% of 687 companies
in the Transportation industry
Industry Median: 0.89 vs KNX: 1.08

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.

Knight-Swift Transportation Holdings's adjusted revenue per share data for the three months ended in Dec. 2024 was $11.484. 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 $36.04 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knight-Swift Transportation Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings Cyclically Adjusted PS Ratio Chart

Knight-Swift Transportation Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.38 1.76 1.75 1.47

Knight-Swift Transportation Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.61 1.43 1.52 1.47 -

Competitive Comparison of Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio

For the Trucking subindustry, Knight-Swift Transportation 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.


Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio falls into.


;
;

Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.92/36.04
=1.08

* 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.

Knight-Swift Transportation Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Knight-Swift Transportation Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=11.484/133.1571*133.1571
=11.484

Current CPI (Dec. 2024) = 133.1571.

Knight-Swift Transportation Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 4.846 99.621 6.477
201506 5.060 100.684 6.692
201509 5.083 100.392 6.742
201512 4.987 99.792 6.654
201603 4.639 100.470 6.148
201606 4.739 101.688 6.206
201609 3.466 101.861 4.531
201612 3.544 101.863 4.633
201703 3.337 102.862 4.320
201706 3.359 103.349 4.328
201709 5.027 104.136 6.428
201712 7.637 104.011 9.777
201803 7.092 105.290 8.969
201806 7.423 106.317 9.297
201809 7.576 106.507 9.472
201812 7.941 105.998 9.976
201903 6.938 107.251 8.614
201906 7.191 108.070 8.860
201909 7.009 108.329 8.615
201912 6.999 108.420 8.596
202003 6.567 108.902 8.030
202006 6.217 108.767 7.611
202009 7.077 109.815 8.581
202012 7.558 109.897 9.158
202103 7.264 111.754 8.655
202106 7.898 114.631 9.174
202109 9.829 115.734 11.309
202112 10.851 117.630 12.283
202203 10.973 121.301 12.046
202206 12.019 125.017 12.802
202209 11.740 125.227 12.483
202212 10.784 125.222 11.467
202303 10.111 127.348 10.572
202306 9.590 128.729 9.920
202309 12.477 129.860 12.794
202312 11.929 129.419 12.274
202403 11.244 131.776 11.362
202406 11.391 132.554 11.443
202409 11.568 133.029 11.579
202412 11.484 133.157 11.484

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.


Knight-Swift Transportation Holdings  (NYSE:KNX) 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.


Knight-Swift Transportation Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Knight-Swift Transportation Holdings Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest full-truckload carrier in the US, with a diversified transportation offering. Pro forma for the US Xpress deal, about 82% of revenue derives from Knight's asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and less than truckload 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers, including equipment maintenance and leasing.
Executives
Ploeg David Vander director PO BOX 1579, APPLETON WI 54912-1579
Kevin P Knight director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Synowicki Robert E Jr director PO BOX 45308, OMAHA NE 68145-0308
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Michael K Liu officer: Exec VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Cary M Flanagan officer: Controller SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Timothy Sean Harrington officer: Exec. Vice Pres. Sales 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
James L Fitzsimmons officer: Exec. Vice Pres. Operations 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Amy Boerger director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Joshua Smith officer: CFO, US Xpress Inc. 2002 W WAHALLA LANE, PHOENIX AZ 85027
Dustin Ohlman officer: VP Intermodal 2200 S 75TH AVE, PHOENIX AZ 85043
Reed Stultz officer: SR VP Logistics 2002 W WAHALLA LANE, PHOENIX AZ 85027
Kathryn L Munro director 200 N WASHINGTON SQUARE, LANSING MI 48933
Jessica Powell director 2002 W WAHALLA, PHOENIX AZ 85027
Updike James E. Jr. officer: EVP Sales & Mkt, Knight Trans. 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043