GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Albaraka Turk Katilim Bankasi AS (IST:ALBRK) » Definitions » Cyclically Adjusted PS Ratio

Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Cyclically Adjusted PS Ratio : 2.36 (As of May. 22, 2024)


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

What is Albaraka Turk Katilim Bankasi AS Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Albaraka Turk Katilim Bankasi AS's current share price is ₺5.96. Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺2.53. Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio for today is 2.36.

The historical rank and industry rank for Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:ALBRK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.24   Max: 2.09
Current: 2.09

During the past years, Albaraka Turk Katilim Bankasi AS's highest Cyclically Adjusted PS Ratio was 2.09. The lowest was 0.75. And the median was 1.24.

IST:ALBRK's Cyclically Adjusted PS Ratio is ranked better than
59.7% of 1191 companies
in the Banks industry
Industry Median: 2.4 vs IST:ALBRK: 2.09

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.

Albaraka Turk Katilim Bankasi AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺2.488. 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 ₺2.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albaraka Turk Katilim Bankasi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Albaraka Turk Katilim 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.

Albaraka Turk Katilim Bankasi AS Cyclically Adjusted PS Ratio Chart

Albaraka Turk Katilim 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 1.32 1.46 1.04 1.83 1.51

Albaraka Turk Katilim Bankasi 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 1.83 1.48 1.38 1.80 1.51

Competitive Comparison of Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Albaraka Turk Katilim 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.


Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Albaraka Turk Katilim 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.

Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.96/2.53
=2.36

* 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.

Albaraka Turk Katilim Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Albaraka Turk Katilim Bankasi 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)
=2.488/129.4194*129.4194
=2.488

Current CPI (Dec. 2023) = 129.4194.

Albaraka Turk Katilim Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.156 99.695 0.203
201406 0.198 100.560 0.255
201409 0.182 100.428 0.235
201412 0.199 99.070 0.260
201503 0.203 99.621 0.264
201506 0.244 100.684 0.314
201509 0.221 100.392 0.285
201512 0.249 99.792 0.323
201603 0.265 100.470 0.341
201606 0.250 101.688 0.318
201609 0.248 101.861 0.315
201612 0.241 101.863 0.306
201703 0.287 102.862 0.361
201706 0.347 103.349 0.435
201709 0.227 104.136 0.282
201712 0.433 104.011 0.539
201803 0.284 105.290 0.349
201806 0.390 106.317 0.475
201809 0.475 106.507 0.577
201812 0.227 105.998 0.277
201903 0.261 107.251 0.315
201906 0.407 108.070 0.487
201909 0.292 108.329 0.349
201912 0.488 108.420 0.583
202003 0.291 108.902 0.346
202006 0.316 108.767 0.376
202009 0.641 109.815 0.755
202012 0.390 109.897 0.459
202103 0.239 111.754 0.277
202106 0.485 114.631 0.548
202109 0.526 115.734 0.588
202112 1.163 117.630 1.280
202203 1.466 121.301 1.564
202206 0.937 125.017 0.970
202209 1.005 125.227 1.039
202212 1.383 125.222 1.429
202303 1.157 127.348 1.176
202306 1.667 128.729 1.676
202309 1.922 129.860 1.915
202312 2.488 129.419 2.488

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.


Albaraka Turk Katilim Bankasi AS  (IST:ALBRK) 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.


Albaraka Turk Katilim Bankasi AS Cyclically Adjusted PS Ratio Related Terms

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


Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Business Description

Traded in Other Exchanges
N/A
Address
Saray Mah, Dr. Adnan Buyukdeniz Cad. No: 6, Umraniye, Istanbul, TUR, 34768
Albaraka Turk Katilim Bankasi AS is a Turkey-based finance institution engaged in banking services such as current & participation accounts, vehicle financing, consumer financing, electronic fund transfer, safe deposit boxes, insurance, credit cards, and Internet banking & phone banking. The bank operates in Retail, Commercial & Corporate, and Treasury banking segments.

Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Headlines

No Headlines