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Turkiye Garanti Bankasi AS (STU:GBKB) Cyclically Adjusted Revenue per Share : €0.43 (As of Mar. 2024)


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What is Turkiye Garanti Bankasi 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.

Turkiye Garanti Bankasi AS's adjusted revenue per share for the three months ended in Mar. 2024 was €0.447. 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 €0.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turkiye Garanti Bankasi AS's average Cyclically Adjusted Revenue Growth Rate was 53.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 44.40% 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 Turkiye Garanti Bankasi AS was 44.40% per year. The lowest was 31.20% per year. And the median was 37.80% per year.

As of today (2024-05-29), Turkiye Garanti Bankasi AS's current stock price is €2.68. Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.43. Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio of today is 6.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Turkiye Garanti Bankasi AS was 6.20. The lowest was 1.31. And the median was 2.28.


Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Turkiye Garanti Bankasi 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.

Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Chart

Turkiye Garanti Bankasi 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 0.58 0.50 0.41 0.43 0.39

Turkiye Garanti Bankasi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.47 0.37 0.40 0.39 0.43

Competitive Comparison of Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Turkiye Garanti 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.


Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Turkiye Garanti Bankasi 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, Turkiye Garanti Bankasi 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)
=0.447/131.7762*131.7762
=0.447

Current CPI (Mar. 2024) = 131.7762.

Turkiye Garanti Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.226 99.695 0.299
201406 0.235 100.560 0.308
201409 0.258 100.428 0.339
201412 0.307 99.070 0.408
201503 0.256 99.621 0.339
201506 0.259 100.684 0.339
201509 0.211 100.392 0.277
201512 0.345 99.792 0.456
201603 0.254 100.470 0.333
201606 0.269 101.688 0.349
201609 0.301 101.861 0.389
201612 0.286 101.863 0.370
201703 0.261 102.862 0.334
201706 0.272 103.349 0.347
201709 0.274 104.136 0.347
201712 0.294 104.011 0.372
201803 0.319 105.290 0.399
201806 0.279 106.317 0.346
201809 0.273 106.507 0.338
201812 0.280 105.998 0.348
201903 0.319 107.251 0.392
201906 0.253 108.070 0.308
201909 0.276 108.329 0.336
201912 0.303 108.420 0.368
202003 0.370 108.902 0.448
202006 0.267 108.767 0.323
202009 0.305 109.815 0.366
202012 0.212 109.897 0.254
202103 0.332 111.754 0.391
202109 0.285 115.734 0.325
202112 0.402 117.630 0.450
202203 0.364 121.301 0.395
202206 0.382 125.017 0.403
202209 0.495 125.227 0.521
202212 0.508 125.222 0.535
202303 0.467 127.348 0.483
202306 0.436 128.729 0.446
202309 0.443 129.860 0.450
202312 0.479 129.419 0.488
202403 0.447 131.776 0.447

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


Turkiye Garanti Bankasi AS  (STU:GBKB) 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.

Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.68/0.43
=6.23

* 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 Turkiye Garanti Bankasi AS was 6.20. The lowest was 1.31. And the median was 2.28.


Be Aware

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


Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Related Terms

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


Turkiye Garanti Bankasi AS (STU:GBKB) Business Description

Industry
Traded in Other Exchanges
Address
Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Turkiye Garanti Bankasi AS is an integrated financial services group operating primarily in Turkey, but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. Its vast majority of its earning assets consist of loans, with strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

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