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Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Cyclically Adjusted PS Ratio : 56.00 (As of Jun. 08, 2024)


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What is Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Alarko Gayrimenkul Yatirim Ortakligi AS's current share price is ₺42.00. Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺0.75. Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 56.00.

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

IST:ALGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 20.08   Med: 47.88   Max: 86.61
Current: 56.54

During the past years, Alarko Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 86.61. The lowest was 20.08. And the median was 47.88.

IST:ALGYO's Cyclically Adjusted PS Ratio is ranked worse than
99.59% of 492 companies
in the REITs industry
Industry Median: 4.875 vs IST:ALGYO: 56.54

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.

Alarko Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺0.383. 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 ₺0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Alarko Gayrimenkul Yatirim Ortakligi 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 30.94 53.48 47.19 70.79 49.23

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 70.79 51.48 49.89 67.47 49.23

Competitive Comparison of Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Alarko Gayrimenkul Yatirim Ortakligi 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.


Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.



Alarko Gayrimenkul Yatirim Ortakligi 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.00/0.75
=56.00

* 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alarko Gayrimenkul Yatirim Ortakligi AS'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)
=0.383/129.4194*129.4194
=0.383

Current CPI (Dec. 2023) = 129.4194.

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.015 99.695 0.019
201406 0.015 100.560 0.019
201409 0.065 100.428 0.084
201412 0.007 99.070 0.009
201503 0.037 99.621 0.048
201506 0.019 100.684 0.024
201509 0.085 100.392 0.110
201512 0.004 99.792 0.005
201603 0.022 100.470 0.028
201606 0.046 101.688 0.059
201609 0.079 101.861 0.100
201612 0.017 101.863 0.022
201703 0.025 102.862 0.031
201706 0.047 103.349 0.059
201709 0.245 104.136 0.304
201712 0.013 104.011 0.016
201803 0.027 105.290 0.033
201806 0.033 106.317 0.040
201809 0.149 106.507 0.181
201812 -0.008 105.998 -0.010
201903 0.229 107.251 0.276
201906 0.040 108.070 0.048
201909 0.158 108.329 0.189
201912 0.025 108.420 0.030
202003 0.044 108.902 0.052
202006 0.025 108.767 0.030
202009 0.086 109.815 0.101
202012 0.032 109.897 0.038
202103 0.076 111.754 0.088
202106 0.083 114.631 0.094
202109 0.469 115.734 0.524
202112 0.297 117.630 0.327
202203 0.117 121.301 0.125
202206 0.155 125.017 0.160
202209 0.809 125.227 0.836
202212 1.012 125.222 1.046
202303 0.186 127.348 0.189
202306 0.263 128.729 0.264
202309 1.517 129.860 1.512
202312 0.383 129.419 0.383

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.


Alarko Gayrimenkul Yatirim Ortakligi AS  (IST:ALGYO) 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.


Alarko Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms

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Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Business Description

Traded in Other Exchanges
N/A
Address
Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust. The company invests in real estate projects and capital market instruments. It invests in the projects developed by the Alarko Group. It continues to operate by obtaining rental income by taking over the properties owned by the community companies.

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