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Air T (AIRT) Cyclically Adjusted PS Ratio : 0.25 (As of Jul. 02, 2025)


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What is Air T Cyclically Adjusted PS Ratio?

As of today (2025-07-02), Air T's current share price is $21.13. Air T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $84.90. Air T's Cyclically Adjusted PS Ratio for today is 0.25.

The historical rank and industry rank for Air T's Cyclically Adjusted PS Ratio or its related term are showing as below:

AIRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.42   Max: 0.78
Current: 0.25

During the past years, Air T's highest Cyclically Adjusted PS Ratio was 0.78. The lowest was 0.18. And the median was 0.42.

AIRT's Cyclically Adjusted PS Ratio is ranked better than
80.04% of 446 companies
in the Conglomerates industry
Industry Median: 0.79 vs AIRT: 0.25

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 T's adjusted revenue per share data for the three months ended in Mar. 2025 was $24.247. 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 $84.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air T Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Air T'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.

Air T Cyclically Adjusted PS Ratio Chart

Air T Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.38 0.37 0.29 0.20

Air T 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 0.29 0.27 0.20 0.24 0.20

Competitive Comparison of Air T's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Air T'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 T's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Air T's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Air T's Cyclically Adjusted PS Ratio falls into.


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Air T 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.

Air T's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.13/84.90
=0.25

* 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.

Air T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Air T's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.247/134.9266*134.9266
=24.247

Current CPI (Mar. 2025) = 134.9266.

Air T Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.282 100.684 8.419
201509 12.418 100.392 16.690
201512 12.968 99.792 17.534
201603 9.617 100.470 12.915
201606 8.568 101.688 11.369
201609 12.540 101.861 16.611
201612 11.647 101.863 15.428
201703 14.249 102.862 18.691
201706 15.531 103.349 20.276
201709 15.916 104.136 20.622
201712 14.524 104.011 18.841
201803 17.402 105.290 22.300
201806 19.794 106.317 25.121
201809 13.329 106.507 16.886
201812 18.240 105.998 23.218
201903 21.960 107.251 27.627
201906 20.907 108.070 26.103
201909 16.736 108.329 20.845
201912 24.655 108.420 30.683
202003 22.436 108.902 27.798
202006 12.828 108.767 15.913
202009 12.354 109.815 15.179
202012 19.335 109.897 23.739
202103 16.213 111.754 19.575
202106 12.792 114.631 15.057
202109 14.905 115.734 17.377
202112 15.764 117.630 18.082
202203 17.897 121.301 19.907
202206 17.747 125.017 19.154
202209 21.183 125.227 22.824
202212 21.649 125.222 23.327
202303 26.347 127.348 27.915
202306 25.348 128.729 26.568
202309 28.002 129.860 29.095
202312 22.592 129.419 23.553
202403 25.920 131.776 26.540
202406 24.053 132.554 24.484
202409 29.436 133.029 29.856
202412 28.258 133.157 28.634
202503 24.247 134.927 24.247

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.


Air T  (NAS:AIRT) 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.


Air T Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Air T's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Air T Business Description

Industry
Traded in Other Exchanges
Address
11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
Executives
William R Foudray director 19192 POPLAR CIRCLE, EDEN PRAIRIE MN 55347
Raymond E Cabillot director, 10 percent owner 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Peter B. Mcclung director 14101 SOUTHERN ROAD, GRANDVIEW MO 64030
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Gary S Kohler director 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Seth G Barkett director 495 WEST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Brett Reynolds officer: CFO 5000 W 36TH STREET, MINNEAPOLIS MN 55416
John A Reeves director 570 BALLYMOTE COURT, MATTHEWS NC 28104
Travis Jacob Swenson director 6016 EDEN PRAIRIE ROAD, MINNETONKA MN 55345
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Koutsouvas Constantine officer: General Counsel AIR T, INC., 5000 WEST 36TH, SUITE 130, MINNEAPOLIS MN 55416
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari, 10 percent owner C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Andrew Stumpf director 5444 CREEKMONTE DR., OAKLAND TWP MI 48306