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Koc Holding AS (IST:KCHOL) Cyclically Adjusted PS Ratio : 1.33 (As of May. 26, 2024)


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What is Koc Holding AS Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Koc Holding AS's current share price is ₺248.20. Koc Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺187.13. Koc Holding AS's Cyclically Adjusted PS Ratio for today is 1.33.

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

IST:KCHOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.55   Max: 1.33
Current: 1.33

During the past years, Koc Holding AS's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.35. And the median was 0.55.

IST:KCHOL's Cyclically Adjusted PS Ratio is ranked worse than
65.54% of 444 companies
in the Conglomerates industry
Industry Median: 0.805 vs IST:KCHOL: 1.33

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.

Koc Holding AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺283.364. 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 ₺187.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koc Holding AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koc 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.

Koc Holding AS Cyclically Adjusted PS Ratio Chart

Koc Holding 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 0.56 0.51 0.52 0.68 0.76

Koc Holding 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 0.68 0.57 0.72 0.92 0.76

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

For the Conglomerates subindustry, Koc 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.


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

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

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



Koc 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=248.20/187.13
=1.33

* 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.

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

For example, Koc Holding 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)
=283.364/129.4194*129.4194
=283.364

Current CPI (Dec. 2023) = 129.4194.

Koc Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.184 99.695 8.028
201406 6.509 100.560 8.377
201409 7.542 100.428 9.719
201412 6.825 99.070 8.916
201503 5.426 99.621 7.049
201506 7.244 100.684 9.311
201509 7.550 100.392 9.733
201512 7.183 99.792 9.316
201603 5.541 100.470 7.138
201606 6.731 101.688 8.567
201609 7.349 101.861 9.337
201612 8.349 101.863 10.608
201703 8.784 102.862 11.052
201706 9.148 103.349 11.456
201709 10.203 104.136 12.680
201712 10.852 104.011 13.503
201803 9.696 105.290 11.918
201806 13.121 106.317 15.972
201809 17.963 106.507 21.827
201812 15.708 105.998 19.179
201903 13.511 107.251 16.304
201906 15.966 108.070 19.120
201909 15.523 108.329 18.545
201912 15.538 108.420 18.547
202003 15.551 108.902 18.481
202006 13.617 108.767 16.203
202009 20.408 109.815 24.051
202012 22.894 109.897 26.961
202103 22.598 111.754 26.170
202106 29.439 114.631 33.237
202109 36.144 115.734 40.418
202112 48.551 117.630 53.417
202203 60.002 121.301 64.018
202206 92.218 125.017 95.466
202209 102.956 125.227 106.403
202212 421.706 125.222 435.842
202303 88.269 127.348 89.705
202306 105.144 128.729 105.708
202309 156.219 129.860 155.690
202312 283.364 129.419 283.364

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.


Koc Holding AS  (IST:KCHOL) 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.


Koc Holding AS Cyclically Adjusted PS Ratio Related Terms

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


Koc Holding AS (IST:KCHOL) Business Description

Industry
Traded in Other Exchanges
Address
Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674
Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

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