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Arcelik AS (Arcelik AS) Cyclically Adjusted PS Ratio : 1.02 (As of Jun. 08, 2024)


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What is Arcelik AS Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Arcelik AS's current share price is $23.42. Arcelik AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.99. Arcelik AS's Cyclically Adjusted PS Ratio for today is 1.02.

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

ACKAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.99   Max: 1.94
Current: 1.25

During the past years, Arcelik AS's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.52. And the median was 0.99.

ACKAY's Cyclically Adjusted PS Ratio is ranked worse than
64.44% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs ACKAY: 1.25

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.

Arcelik AS's adjusted revenue per share data for the three months ended in Mar. 2024 was $18.600. 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 $22.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arcelik AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arcelik AS'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.

Arcelik AS Cyclically Adjusted PS Ratio Chart

Arcelik AS 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 0.83 1.01 1.17 1.34 0.98

Arcelik AS 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 1.22 1.25 1.43 0.98 1.02

Competitive Comparison of Arcelik AS's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Arcelik AS'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.


Arcelik AS's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Arcelik AS's Cyclically Adjusted PS Ratio falls into.



Arcelik AS 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.

Arcelik AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.42/22.99
=1.02

* 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.

Arcelik AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arcelik AS's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.6/131.7762*131.7762
=18.600

Current CPI (Mar. 2024) = 131.7762.

Arcelik AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.741 100.560 14.075
201409 10.824 100.428 14.203
201412 10.969 99.070 14.590
201503 8.187 99.621 10.830
201506 9.179 100.684 12.014
201509 9.529 100.392 12.508
201512 10.305 99.792 13.608
201603 9.037 100.470 11.853
201606 10.046 101.688 13.018
201609 10.194 101.861 13.188
201612 9.577 101.863 12.389
201703 9.342 102.862 11.968
201706 10.640 103.349 13.567
201709 11.586 104.136 14.661
201712 10.985 104.011 13.917
201803 10.045 105.290 12.572
201806 10.391 106.317 12.879
201809 8.976 106.507 11.106
201812 10.318 105.998 12.827
201903 9.351 107.251 11.489
201906 10.716 108.070 13.067
201909 10.686 108.329 12.999
201912 10.578 108.420 12.857
202003 9.072 108.902 10.978
202006 8.502 108.767 10.301
202009 11.725 109.815 14.070
202012 12.794 109.897 15.341
202103 12.515 111.754 14.757
202106 12.487 114.631 14.355
202109 15.928 115.734 18.136
202112 12.932 117.630 14.487
202203 14.563 121.301 15.821
202206 15.537 125.017 16.377
202209 15.398 125.227 16.203
202212 70.317 125.222 73.998
202303 29.910 127.348 30.950
202306 16.324 128.729 16.710
202309 17.766 129.860 18.028
202312 31.748 129.419 32.326
202403 18.600 131.776 18.600

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.


Arcelik AS  (OTCPK:ACKAY) 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.


Arcelik AS Cyclically Adjusted PS Ratio Related Terms

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


Arcelik AS (Arcelik AS) Business Description

Traded in Other Exchanges
Address
Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.