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Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Cyclically Adjusted PS Ratio : 7.55 (As of Jun. 06, 2024)


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What is Turkiye Sinai Kalkinma Bankasi AS Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Turkiye Sinai Kalkinma Bankasi AS's current share price is ₺11.18. Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺1.48. Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio for today is 7.55.

The historical rank and industry rank for Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:TSKB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.87   Max: 10.76
Current: 7.45

During the past years, Turkiye Sinai Kalkinma Bankasi AS's highest Cyclically Adjusted PS Ratio was 10.76. The lowest was 2.39. And the median was 3.87.

IST:TSKB's Cyclically Adjusted PS Ratio is ranked worse than
95.36% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs IST:TSKB: 7.45

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.

Turkiye Sinai Kalkinma Bankasi AS's adjusted revenue per share data for the three months ended in Mar. 2024 was ₺1.285. 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 ₺1.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Sinai Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Turkiye Sinai Kalkinma Bankasi 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.

Turkiye Sinai Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Chart

Turkiye Sinai Kalkinma Bankasi 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 3.93 4.72 2.79 5.22 4.90

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.48 4.19 6.82 4.90 5.73

Competitive Comparison of Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Turkiye Sinai Kalkinma Bankasi 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.


Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Turkiye Sinai Kalkinma Bankasi 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.

Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.18/1.48
=7.55

* 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.

Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Turkiye Sinai Kalkinma Bankasi AS's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.285/131.7762*131.7762
=1.285

Current CPI (Mar. 2024) = 131.7762.

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.064 100.560 0.084
201409 0.051 100.428 0.067
201412 0.055 99.070 0.073
201503 0.060 99.621 0.079
201506 0.055 100.684 0.072
201509 0.052 100.392 0.068
201512 0.072 99.792 0.095
201603 0.085 100.470 0.111
201606 0.071 101.688 0.092
201609 0.075 101.861 0.097
201612 0.082 101.863 0.106
201703 0.096 102.862 0.123
201706 0.081 103.349 0.103
201709 0.102 104.136 0.129
201712 0.135 104.011 0.171
201803 0.107 105.290 0.134
201806 0.126 106.317 0.156
201809 0.086 106.507 0.106
201812 0.192 105.998 0.239
201903 0.152 107.251 0.187
201906 0.141 108.070 0.172
201909 0.125 108.329 0.152
201912 0.148 108.420 0.180
202003 0.157 108.902 0.190
202006 0.182 108.767 0.221
202009 0.244 109.815 0.293
202012 0.214 109.897 0.257
202103 0.260 111.754 0.307
202106 0.240 114.631 0.276
202109 0.273 115.734 0.311
202112 0.510 117.630 0.571
202203 0.587 121.301 0.638
202206 0.670 125.017 0.706
202209 0.875 125.227 0.921
202212 0.960 125.222 1.010
202303 0.686 127.348 0.710
202306 1.507 128.729 1.543
202309 1.172 129.860 1.189
202312 1.576 129.419 1.605
202403 1.285 131.776 1.285

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.


Turkiye Sinai Kalkinma Bankasi AS  (IST:TSKB) 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.


Turkiye Sinai Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Related Terms

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


Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Cad. No. 81, Findikli, Istanbul, TUR, 34427
Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank primarily operating in Turkey. Members of Turkiye Is Bankasi control over half of the company's shares. TSKB provides a broad array of corporate banking, investment banking, and consultancy services. An integral part of the company's strategy is to engage in strategic partnerships with multinational financial institutions for exposure to global funds. Most of the bank's earning assets are loans and advances to customers. Nearly all of the bank's net revenue is net interest income.

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