GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IS Yatirim Menkul Degerler AS (IST:ISMEN) » Definitions » Cyclically Adjusted PS Ratio

IS Yatirim Menkul Degerler AS (IST:ISMEN) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is IS Yatirim Menkul Degerler AS Cyclically Adjusted PS Ratio?

As of today (2024-06-08), IS Yatirim Menkul Degerler AS's current share price is ₺35.20. IS Yatirim Menkul Degerler AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺121.78. IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio for today is 0.29.

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

IST:ISMEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.41
Current: 0.32

During the past years, IS Yatirim Menkul Degerler AS's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.01. And the median was 0.06.

IST:ISMEN's Cyclically Adjusted PS Ratio is ranked better than
91.05% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs IST:ISMEN: 0.32

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.

IS Yatirim Menkul Degerler AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺139.942. 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 ₺121.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IS Yatirim Menkul Degerler AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IS Yatirim Menkul Degerler 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.

IS Yatirim Menkul Degerler AS Cyclically Adjusted PS Ratio Chart

IS Yatirim Menkul Degerler 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 0.02 0.08 0.09 0.16 0.26

IS Yatirim Menkul Degerler 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 0.16 0.10 0.14 0.37 0.26

Competitive Comparison of IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, IS Yatirim Menkul Degerler 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.


IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio falls into.



IS Yatirim Menkul Degerler 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.

IS Yatirim Menkul Degerler AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.20/121.78
=0.29

* 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.

IS Yatirim Menkul Degerler AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, IS Yatirim Menkul Degerler 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)
=139.942/129.4194*129.4194
=139.942

Current CPI (Dec. 2023) = 129.4194.

IS Yatirim Menkul Degerler AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.168 99.695 13.200
201406 9.703 100.560 12.488
201409 10.857 100.428 13.991
201412 11.644 99.070 15.211
201503 12.417 99.621 16.131
201506 10.855 100.684 13.953
201509 6.149 100.392 7.927
201512 9.073 99.792 11.767
201603 7.988 100.470 10.290
201606 8.928 101.688 11.363
201609 7.843 101.861 9.965
201612 7.102 101.863 9.023
201703 8.911 102.862 11.212
201706 9.104 103.349 11.401
201709 6.138 104.136 7.628
201712 8.650 104.011 10.763
201803 8.684 105.290 10.674
201806 7.969 106.317 9.701
201809 7.202 106.507 8.751
201812 6.241 105.998 7.620
201903 13.288 107.251 16.035
201906 54.646 108.070 65.442
201909 14.361 108.329 17.157
201912 82.368 108.420 98.321
202003 25.145 108.902 29.883
202006 15.486 108.767 18.426
202009 13.740 109.815 16.193
202012 18.746 109.897 22.076
202103 21.629 111.754 25.048
202106 19.725 114.631 22.270
202109 16.428 115.734 18.371
202112 37.305 117.630 41.044
202203 29.440 121.301 31.410
202206 33.170 125.017 34.338
202209 36.417 125.227 37.636
202212 186.721 125.222 192.980
202303 57.884 127.348 58.826
202306 41.463 128.729 41.685
202309 67.900 129.860 67.670
202312 139.942 129.419 139.942

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.


IS Yatirim Menkul Degerler AS  (IST:ISMEN) 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.


IS Yatirim Menkul Degerler AS Cyclically Adjusted PS Ratio Related Terms

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


IS Yatirim Menkul Degerler AS (IST:ISMEN) Business Description

Traded in Other Exchanges
N/A
Address
Levent Mahallesi, Meltem Sokak, Is Kuleleri Kule-2, Kat: 13, No:10/14, Besiktas, Istanbul, TUR, 34330
IS Yatirim Menkul Degerler AS is a Turkey-based company engaged in the provision of investment advisory services, market making and liquidity providing services as well as traditional brokerage services The company's operating segment includes Securities Brokerage, Investment Trust, Portfolio Management, Private Equity, and Asset Management. It generates maximum revenue from the Securities Brokerage segment. The company serves domestic and international, individual, and institutional investors with high-added-value services.

IS Yatirim Menkul Degerler AS (IST:ISMEN) Headlines

No Headlines