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TAV Havalimanlari Holding AS (IST:TAVHL) Cyclically Adjusted Revenue per Share : ₺29.27 (As of Mar. 2024)


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What is TAV Havalimanlari Holding AS Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

TAV Havalimanlari Holding AS's adjusted revenue per share for the three months ended in Mar. 2024 was ₺30.723. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₺29.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TAV Havalimanlari Holding AS's average Cyclically Adjusted Revenue Growth Rate was 62.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 39.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of TAV Havalimanlari Holding AS was 39.90% per year. The lowest was 7.20% per year. And the median was 16.10% per year.

As of today (2024-06-10), TAV Havalimanlari Holding AS's current stock price is ₺247.00. TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺29.27. TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio of today is 8.44.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TAV Havalimanlari Holding AS was 8.44. The lowest was 1.46. And the median was 3.08.


TAV Havalimanlari Holding AS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share 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.

TAV Havalimanlari Holding AS Cyclically Adjusted Revenue per Share Chart

TAV Havalimanlari Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 9.47 11.15 16.53 25.94

TAV Havalimanlari Holding 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 Revenue per Share 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 18.04 20.17 23.40 25.94 29.27

Competitive Comparison of TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share

For the Airports & Air Services subindustry, TAV Havalimanlari Holding 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.


TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio falls into.



TAV Havalimanlari Holding AS Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TAV Havalimanlari Holding 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)
=30.723/131.7762*131.7762
=30.723

Current CPI (Mar. 2024) = 131.7762.

TAV Havalimanlari Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.881 100.560 2.465
201409 2.039 100.428 2.675
201412 1.723 99.070 2.292
201503 1.585 99.621 2.097
201506 2.188 100.684 2.864
201509 2.710 100.392 3.557
201512 2.135 99.792 2.819
201603 1.870 100.470 2.453
201606 2.269 101.688 2.940
201609 2.643 101.861 3.419
201612 3.695 101.863 4.780
201703 2.473 102.862 3.168
201706 3.184 103.349 4.060
201709 3.926 104.136 4.968
201712 2.039 104.011 2.583
201803 3.083 105.290 3.859
201806 2.696 106.317 3.342
201809 4.504 106.507 5.573
201812 2.048 105.998 2.546
201903 2.564 107.251 3.150
201906 3.413 108.070 4.162
201909 4.227 108.329 5.142
201912 2.963 108.420 3.601
202003 2.283 108.902 2.763
202006 0.495 108.767 0.600
202009 2.114 109.815 2.537
202012 1.884 109.897 2.259
202103 1.524 111.754 1.797
202106 2.724 114.631 3.131
202109 5.530 115.734 6.297
202112 7.176 117.630 8.039
202203 6.609 121.301 7.180
202206 13.047 125.017 13.752
202209 17.113 125.227 18.008
202212 16.291 125.222 17.144
202303 14.055 127.348 14.544
202306 21.848 128.729 22.365
202309 33.455 129.860 33.949
202312 28.606 129.419 29.127
202403 30.723 131.776 30.723

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


TAV Havalimanlari Holding AS  (IST:TAVHL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=247.00/29.27
=8.44

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of TAV Havalimanlari Holding AS was 8.44. The lowest was 1.46. And the median was 3.08.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


TAV Havalimanlari Holding AS Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


TAV Havalimanlari Holding AS (IST:TAVHL) Business Description

Traded in Other Exchanges
Address
Ayazaga Mahallesi, Azerbaycan Caddesi, 2C Blok No:3L/6, Vadistanbul Bulvar, Sariyer, Istanbul, TUR, 34485
TAV Havalimanlari Holding AS constructs, manages and operates terminal buildings and airports. The company organises itself into five segments: Terminal operations, Catering operations, Duty free operations, Ground handling and bus operations, and Other operations. Terminal operations, which contribute approximately half the company's revenue and the majority of profit, operates terminal buildings and car parks. Ground handling and bus operations and duty free operations are the next most significant segments. The company is headquartered in Turkey and derives the majority of revenue domestically.

TAV Havalimanlari Holding AS (IST:TAVHL) Headlines

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