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Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Cyclically Adjusted PS Ratio : 9.40 (As of Jun. 06, 2024)


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What is Ozak Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Ozak Gayrimenkul Yatirim Ortakligi's current share price is ₺8.65. Ozak Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺0.92. Ozak Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio for today is 9.40.

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

IST:OZKGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.43   Med: 6.37   Max: 18.64
Current: 9.35

During the past years, Ozak Gayrimenkul Yatirim Ortakligi's highest Cyclically Adjusted PS Ratio was 18.64. The lowest was 3.43. And the median was 6.37.

IST:OZKGY's Cyclically Adjusted PS Ratio is ranked worse than
80.28% of 492 companies
in the REITs industry
Industry Median: 4.925 vs IST:OZKGY: 9.35

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.

Ozak Gayrimenkul Yatirim Ortakligi's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺0.633. 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 ₺0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ozak Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ozak Gayrimenkul Yatirim Ortakligi'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.

Ozak Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Chart

Ozak Gayrimenkul Yatirim Ortakligi 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 - 5.87 4.92 14.07 8.38

Ozak Gayrimenkul Yatirim Ortakligi 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 14.07 8.03 8.24 11.04 8.38

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

For the REIT - Diversified subindustry, Ozak Gayrimenkul Yatirim Ortakligi'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.


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

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

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



Ozak Gayrimenkul Yatirim Ortakligi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.65/0.92
=9.40

* 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.

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

For example, Ozak Gayrimenkul Yatirim Ortakligi'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)
=0.633/129.4194*129.4194
=0.633

Current CPI (Dec. 2023) = 129.4194.

Ozak Gayrimenkul Yatirim Ortakligi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.007 99.695 0.009
201406 0.021 100.560 0.027
201409 0.065 100.428 0.084
201412 0.131 99.070 0.171
201503 0.027 99.621 0.035
201506 0.029 100.684 0.037
201509 0.043 100.392 0.055
201512 0.026 99.792 0.034
201603 0.022 100.470 0.028
201606 0.015 101.688 0.019
201609 0.022 101.861 0.028
201612 0.018 101.863 0.023
201703 0.011 102.862 0.014
201706 0.023 103.349 0.029
201709 0.045 104.136 0.056
201712 0.016 104.011 0.020
201803 0.012 105.290 0.015
201806 0.036 106.317 0.044
201809 0.109 106.507 0.132
201812 0.022 105.998 0.027
201903 0.019 107.251 0.023
201906 0.061 108.070 0.073
201909 0.157 108.329 0.188
201912 0.153 108.420 0.183
202003 0.194 108.902 0.231
202006 0.123 108.767 0.146
202009 0.269 109.815 0.317
202012 0.229 109.897 0.270
202103 0.195 111.754 0.226
202106 0.200 114.631 0.226
202109 0.237 115.734 0.265
202112 0.389 117.630 0.428
202203 0.581 121.301 0.620
202206 0.639 125.017 0.662
202209 0.771 125.227 0.797
202212 1.846 125.222 1.908
202303 0.205 127.348 0.208
202306 0.217 128.729 0.218
202309 0.663 129.860 0.661
202312 0.633 129.419 0.633

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.


Ozak Gayrimenkul Yatirim Ortakligi  (IST:OZKGY) 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.


Ozak Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Related Terms

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Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Business Description

Traded in Other Exchanges
N/A
Address
Kazlicesme Mah. Kennedy Cad. No:52C, D:1 Zeytinburnu, Istanbul, TUR, 34020
Ozak Gayrimenkul Yatirim Ortakligi is a Turkey-based Real Estate Investment Trust. It maintains its land and project development studies in Housing, Commercial, Tourism, and Merchandise areas. Some of the projects of the company include Hayat Tepe Suites, Ozak Hayat Tepe, Bulvar216 and 34 Portall.

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