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Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) Cyclically Adjusted PS Ratio : 3.30 (As of May. 17, 2024)


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What is Erbosan Erciyas Borunayii ve Ticaret AS Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Erbosan Erciyas Borunayii ve Ticaret AS's current share price is ₺227.40. Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺68.88. Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio for today is 3.30.

The historical rank and industry rank for Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:ERBOS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.75   Max: 7.13
Current: 3.25

During the past years, Erbosan Erciyas Borunayii ve Ticaret AS's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.92. And the median was 2.75.

IST:ERBOS's Cyclically Adjusted PS Ratio is ranked worse than
76.28% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs IST:ERBOS: 3.25

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.

Erbosan Erciyas Borunayii ve Ticaret AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺92.747. 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 ₺68.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Erbosan Erciyas Borunayii ve Ticaret AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Erbosan Erciyas Borunayii ve 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.

Erbosan Erciyas Borunayii ve Ticaret AS Cyclically Adjusted PS Ratio Chart

Erbosan Erciyas Borunayii ve 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 1.56 2.23 4.44 3.77 2.58

Erbosan Erciyas Borunayii ve 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 3.77 2.30 2.53 3.02 2.58

Competitive Comparison of Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Erbosan Erciyas Borunayii ve 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.


Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio falls into.



Erbosan Erciyas Borunayii ve 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.

Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=227.40/68.88
=3.30

* 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.

Erbosan Erciyas Borunayii ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Erbosan Erciyas Borunayii ve 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)
=92.747/129.4194*129.4194
=92.747

Current CPI (Dec. 2023) = 129.4194.

Erbosan Erciyas Borunayii ve Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.092 99.695 4.014
201406 3.257 100.560 4.192
201409 3.066 100.428 3.951
201412 2.943 99.070 3.845
201503 3.256 99.621 4.230
201506 3.547 100.684 4.559
201509 2.723 100.392 3.510
201512 2.914 99.792 3.779
201603 3.368 100.470 4.338
201606 3.220 101.688 4.098
201609 2.652 101.861 3.369
201612 4.541 101.863 5.769
201703 4.212 102.862 5.299
201706 4.981 103.349 6.237
201709 5.277 104.136 6.558
201712 5.182 104.011 6.448
201803 6.538 105.290 8.036
201806 6.220 106.317 7.572
201809 7.594 106.507 9.228
201812 7.836 105.998 9.567
201903 7.605 107.251 9.177
201906 8.514 108.070 10.196
201909 7.262 108.329 8.676
201912 6.790 108.420 8.105
202003 6.324 108.902 7.515
202006 4.508 108.767 5.364
202009 7.596 109.815 8.952
202012 10.127 109.897 11.926
202103 10.982 111.754 12.718
202106 14.692 114.631 16.587
202109 16.222 115.734 18.140
202112 22.969 117.630 25.271
202203 28.103 121.301 29.984
202206 34.062 125.017 35.262
202209 28.323 125.227 29.271
202212 147.577 125.222 152.524
202303 30.682 127.348 31.181
202306 28.824 128.729 28.979
202309 37.748 129.860 37.620
202312 92.747 129.419 92.747

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.


Erbosan Erciyas Borunayii ve Ticaret AS  (IST:ERBOS) 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.


Erbosan Erciyas Borunayii ve Ticaret AS Cyclically Adjusted PS Ratio Related Terms

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


Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) Business Description

Traded in Other Exchanges
N/A
Address
895 Sokak PK.375, Anbar Mahallesi, Kayseri, TUR
Erbosan Erciyas Boru Sanayii ve Ticaret AS is a Turkey-based company engaged mainly in the business of manufacturing pipes. The product portfolio of the company includes Black Pipes, Galvanized Pipes, Hollow Sections, Gas and Line Pipes, Industrial Tubes and Sprinkler Pipes.

Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) Headlines

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