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Ihlas Holding AS (IST:IHLAS) Cyclically Adjusted PS Ratio : 0.91 (As of May. 26, 2024)


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What is Ihlas Holding AS Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Ihlas Holding AS's current share price is ₺1.45. Ihlas Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₺1.60. Ihlas Holding AS's Cyclically Adjusted PS Ratio for today is 0.91.

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

IST:IHLAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.53   Max: 1.08
Current: 0.91

During the past years, Ihlas Holding AS's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.25. And the median was 0.53.

IST:IHLAS's Cyclically Adjusted PS Ratio is ranked better than
50% of 444 companies
in the Conglomerates industry
Industry Median: 0.805 vs IST:IHLAS: 0.91

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.

Ihlas Holding AS's adjusted revenue per share data for the three months ended in Sep. 2023 was ₺0.833. 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 ₺1.60 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ihlas Holding AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ihlas Holding 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.

Ihlas Holding AS Cyclically Adjusted PS Ratio Chart

Ihlas Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.78 1.05 0.45 0.75

Ihlas Holding AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.40 0.75 0.53 0.56 0.76

Competitive Comparison of Ihlas Holding AS's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Ihlas Holding 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.


Ihlas Holding AS's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ihlas Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ihlas Holding 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.45/1.6
=0.91

* 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.

Ihlas Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Ihlas Holding AS's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.833/129.8595*129.8595
=0.833

Current CPI (Sep. 2023) = 129.8595.

Ihlas Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.327 98.326 0.432
201403 0.240 99.695 0.313
201406 0.173 100.560 0.223
201409 0.375 100.428 0.485
201412 0.177 99.070 0.232
201503 0.120 99.621 0.156
201506 0.130 100.684 0.168
201509 0.152 100.392 0.197
201512 0.066 99.792 0.086
201603 0.113 100.470 0.146
201606 0.689 101.688 0.880
201609 0.173 101.861 0.221
201612 0.264 101.863 0.337
201703 0.178 102.862 0.225
201706 0.180 103.349 0.226
201709 0.176 104.136 0.219
201712 0.282 104.011 0.352
201803 0.221 105.290 0.273
201806 0.321 106.317 0.392
201809 0.227 106.507 0.277
201812 0.690 105.998 0.845
201903 0.206 107.251 0.249
201906 0.181 108.070 0.217
201909 0.196 108.329 0.235
201912 0.237 108.420 0.284
202003 0.420 108.902 0.501
202006 0.186 108.767 0.222
202009 0.317 109.815 0.375
202012 0.396 109.897 0.468
202103 0.246 111.754 0.286
202106 0.313 114.631 0.355
202109 0.623 115.734 0.699
202112 0.781 117.630 0.862
202203 0.514 121.301 0.550
202206 0.529 125.017 0.549
202209 0.533 125.227 0.553
202212 0.687 125.222 0.712
202303 0.643 127.348 0.656
202306 0.685 128.729 0.691
202309 0.833 129.860 0.833

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.


Ihlas Holding AS  (IST:IHLAS) 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.


Ihlas Holding AS Cyclically Adjusted PS Ratio Related Terms

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


Ihlas Holding AS (IST:IHLAS) Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi 29 Ekim Caddesi, Ihlas Plaza No: 11 B/21, Yenibosna, Bahcelievler, Istanbul, TUR, 34197
Ihlas Holding AS is a Turkey-based holding company. The company's operating segment includes Construction; Marketing; Media and Others. It generates maximum revenue from the Marketing segment. The construction segment includes real estate trading, construction projects, installation and contracting work, tourism and health investments, marketing, operating, and other construction operations. The Media Segment involves publishing, selling, distributing and marketing of newspapers, photography, TV and radio broadcasting abroad and all kinds of advertising in Turkey. The Marketing segment includes home appliances manufacturing, all kinds of motorized and non-motorized vehicles production, import, export, consumer durable trade, and its marketing. Geographically, it operates only in Turkey.

Ihlas Holding AS (IST:IHLAS) Headlines

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