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Turkiye Sinai Kalkinma Bankasi AS (Turkiye Sinai Kalkinma Bankasi AS) Cyclically Adjusted PS Ratio : 5.81 (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 $1.80. Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.31. Turkiye Sinai Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio for today is 5.81.

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:

TRKYY' 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.

TRKYY's Cyclically Adjusted PS Ratio is ranked worse than
95.36% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs TRKYY: 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 $0.402. 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 $0.31 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
=1.80/0.31
=5.81

* 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)
=0.402/131.7762*131.7762
=0.402

Current CPI (Mar. 2024) = 131.7762.

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.302 100.560 0.396
201409 0.232 100.428 0.304
201412 0.240 99.070 0.319
201503 0.233 99.621 0.308
201506 0.202 100.684 0.264
201509 0.171 100.392 0.224
201512 0.248 99.792 0.327
201603 0.294 100.470 0.386
201606 0.242 101.688 0.314
201609 0.253 101.861 0.327
201612 0.234 101.863 0.303
201703 0.261 102.862 0.334
201706 0.229 103.349 0.292
201709 0.293 104.136 0.371
201712 0.351 104.011 0.445
201803 0.274 105.290 0.343
201806 0.272 106.317 0.337
201809 0.136 106.507 0.168
201812 0.360 105.998 0.448
201903 0.278 107.251 0.342
201906 0.242 108.070 0.295
201909 0.218 108.329 0.265
201912 0.252 108.420 0.306
202003 0.247 108.902 0.299
202006 0.268 108.767 0.325
202009 0.324 109.815 0.389
202012 0.277 109.897 0.332
202103 0.339 111.754 0.400
202106 0.278 114.631 0.320
202109 0.320 115.734 0.364
202112 0.376 117.630 0.421
202203 0.401 121.301 0.436
202206 0.395 125.017 0.416
202209 0.478 125.227 0.503
202212 0.515 125.222 0.542
202303 0.361 127.348 0.374
202306 0.636 128.729 0.651
202309 0.434 129.860 0.440
202312 0.542 129.419 0.552
202403 0.402 131.776 0.402

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  (OTCPK:TRKYY) 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

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Turkiye Sinai Kalkinma Bankasi AS (Turkiye Sinai Kalkinma Bankasi AS) Business Description

Traded in Other Exchanges
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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