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Oyak Yatirim Ortakligi AS (IST:OYAYO) Cyclically Adjusted PS Ratio : 3.85 (As of May. 24, 2024)


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What is Oyak Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Oyak Yatirim Ortakligi AS's current share price is ₺36.66. Oyak Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺9.53. Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 3.85.

The historical rank and industry rank for Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:OYAYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.35   Max: 5.03
Current: 4.16

During the past years, Oyak Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 5.03. The lowest was 0.97. And the median was 1.35.

IST:OYAYO's Cyclically Adjusted PS Ratio is ranked better than
68.24% of 869 companies
in the Asset Management industry
Industry Median: 7.6 vs IST:OYAYO: 4.16

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.

Oyak Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺4.958. 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 ₺9.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oyak Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oyak Yatirim Ortakligi 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.

Oyak Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Oyak Yatirim Ortakligi 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 - 1.14 1.09 1.64 2.50

Oyak Yatirim Ortakligi 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 1.64 1.25 1.30 3.58 2.50

Competitive Comparison of Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Oyak Yatirim Ortakligi 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.


Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.



Oyak Yatirim Ortakligi 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.

Oyak Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.66/9.53
=3.85

* 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.

Oyak Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Oyak Yatirim Ortakligi 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)
=4.958/129.4194*129.4194
=4.958

Current CPI (Dec. 2023) = 129.4194.

Oyak Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.992 98.790 1.300
201312 2.586 98.326 3.404
201403 1.532 99.695 1.989
201406 4.715 100.560 6.068
201412 0.000 99.070 0.000
201503 1.164 99.621 1.512
201506 1.515 100.684 1.947
201512 0.000 99.792 0.000
201603 2.564 100.470 3.303
201606 0.699 101.688 0.890
201609 0.869 101.861 1.104
201612 1.245 101.863 1.582
201703 1.606 102.862 2.021
201706 1.096 103.349 1.372
201709 0.888 104.136 1.104
201712 0.602 104.011 0.749
201803 0.732 105.290 0.900
201806 0.446 106.317 0.543
201809 0.786 106.507 0.955
201812 0.849 105.998 1.037
201903 0.465 107.251 0.561
201906 0.929 108.070 1.113
201909 0.816 108.329 0.975
201912 1.157 108.420 1.381
202003 1.155 108.902 1.373
202006 0.848 108.767 1.009
202009 0.896 109.815 1.056
202012 1.341 109.897 1.579
202103 0.578 111.754 0.669
202106 1.023 114.631 1.155
202109 0.956 115.734 1.069
202112 2.052 117.630 2.258
202203 2.597 121.301 2.771
202206 2.051 125.017 2.123
202209 3.790 125.227 3.917
202212 14.640 125.222 15.131
202303 4.540 127.348 4.614
202306 5.899 128.729 5.931
202309 5.152 129.860 5.135
202312 4.958 129.419 4.958

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.


Oyak Yatirim Ortakligi AS  (IST:OYAYO) 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.


Oyak Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms

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


Oyak Yatirim Ortakligi AS (IST:OYAYO) Business Description

Traded in Other Exchanges
N/A
Address
Akatlar Mahallesi Ebulula Mardin Caddesi, Maya Sitesi F2 C Block No: 24/3, Besiktas Levent, Istanbul, TUR, 34335
Oyak Yatirim Ortakligi AS is an investment trust. It is engaged in portfolio creation and management of gold and other precious metals traded in national and international stock exchanges or in non-exchange organized markets.

Oyak Yatirim Ortakligi AS (IST:OYAYO) Headlines

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