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Desa Deri venayi Ticaret AS (IST:DESA) Cyclically Adjusted PS Ratio : 10.48 (As of May. 14, 2024)


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What is Desa Deri venayi Ticaret AS Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Desa Deri venayi Ticaret AS's current share price is ₺28.50. Desa Deri venayi Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺2.72. Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio for today is 10.48.

The historical rank and industry rank for Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:DESA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.78   Max: 11.58
Current: 11.57

During the past years, Desa Deri venayi Ticaret AS's highest Cyclically Adjusted PS Ratio was 11.58. The lowest was 1.32. And the median was 2.78.

IST:DESA's Cyclically Adjusted PS Ratio is ranked worse than
97.89% of 853 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs IST:DESA: 11.57

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.

Desa Deri venayi Ticaret AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺4.312. 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 ₺2.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Desa Deri venayi Ticaret AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS Cyclically Adjusted PS Ratio Chart

Desa Deri venayi Ticaret 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 - 1.99 1.50 6.08 6.35

Desa Deri venayi Ticaret 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 6.08 4.84 5.02 10.34 6.35

Competitive Comparison of Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Desa Deri venayi Ticaret 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.


Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio falls into.



Desa Deri venayi Ticaret 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.

Desa Deri venayi Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.50/2.72
=10.48

* 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.

Desa Deri venayi Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Desa Deri venayi Ticaret 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)
=4.312/129.4194*129.4194
=4.312

Current CPI (Dec. 2023) = 129.4194.

Desa Deri venayi Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.188 99.695 0.244
201406 0.002 100.560 0.003
201409 0.223 100.428 0.287
201412 0.238 99.070 0.311
201503 0.212 99.621 0.275
201506 0.002 100.684 0.003
201509 0.202 100.392 0.260
201512 0.204 99.792 0.265
201603 0.164 100.470 0.211
201606 0.156 101.688 0.199
201609 0.151 101.861 0.192
201612 0.146 101.863 0.185
201703 0.147 102.862 0.185
201706 0.183 103.349 0.229
201709 0.220 104.136 0.273
201712 0.290 104.011 0.361
201803 0.272 105.290 0.334
201806 0.334 106.317 0.407
201809 0.376 106.507 0.457
201812 0.406 105.998 0.496
201903 0.377 107.251 0.455
201906 0.400 108.070 0.479
201909 0.460 108.329 0.550
201912 0.510 108.420 0.609
202003 0.350 108.902 0.416
202006 0.058 108.767 0.069
202009 0.290 109.815 0.342
202012 0.255 109.897 0.300
202103 0.173 111.754 0.200
202106 0.229 114.631 0.259
202109 0.557 115.734 0.623
202112 0.806 117.630 0.887
202203 0.783 121.301 0.835
202206 1.101 125.017 1.140
202209 0.017 125.227 0.018
202212 6.763 125.222 6.990
202303 1.754 127.348 1.783
202306 1.753 128.729 1.762
202309 0.022 129.860 0.022
202312 4.312 129.419 4.312

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.


Desa Deri venayi Ticaret AS  (IST:DESA) 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.


Desa Deri venayi Ticaret AS Cyclically Adjusted PS Ratio Related Terms

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


Desa Deri venayi Ticaret AS (IST:DESA) Business Description

Traded in Other Exchanges
N/A
Address
Halkali Cad. Number 208, Sefakoy, Istanbul, TUR, 34295
Desa Deri ve Sanayi Ticaret AS designs, manufactures, markets, and sells leather apparel and accessories for men and women. The company's products include leather jackets, wallets, iPad case, and handbags, among others.

Desa Deri venayi Ticaret AS (IST:DESA) Headlines

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