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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Cyclically Adjusted PS Ratio : 13.18 (As of Jun. 02, 2024)


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What is Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Akfen Gayrimenkul Yatirim Ortakligi's current share price is ₺2.24. Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺0.17. Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio for today is 13.18.

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

IST:AKFGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.21   Med: 12.54   Max: 49.02
Current: 13.43

During the past years, Akfen Gayrimenkul Yatirim Ortakligi's highest Cyclically Adjusted PS Ratio was 49.02. The lowest was 4.21. And the median was 12.54.

IST:AKFGY's Cyclically Adjusted PS Ratio is ranked worse than
91.85% of 491 companies
in the REITs industry
Industry Median: 4.94 vs IST:AKFGY: 13.43

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.

Akfen Gayrimenkul Yatirim Ortakligi's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺0.113. 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 ₺0.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi'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.

Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Chart

Akfen Gayrimenkul Yatirim Ortakligi 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 9.98 11.39 39.24 19.98 11.81

Akfen Gayrimenkul Yatirim Ortakligi 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 19.98 12.64 14.35 15.79 11.81

Competitive Comparison of Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi'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.


Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Akfen Gayrimenkul Yatirim Ortakligi 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.

Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.24/0.17
=13.18

* 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.

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

For example, Akfen Gayrimenkul Yatirim Ortakligi'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)
=0.113/129.4194*129.4194
=0.113

Current CPI (Dec. 2023) = 129.4194.

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.012 99.695 0.016
201406 0.013 100.560 0.017
201409 0.013 100.428 0.017
201412 0.013 99.070 0.017
201503 0.011 99.621 0.014
201506 0.013 100.684 0.017
201509 0.016 100.392 0.021
201512 0.013 99.792 0.017
201603 0.013 100.470 0.017
201606 0.014 101.688 0.018
201609 0.015 101.861 0.019
201612 0.013 101.863 0.017
201703 0.013 102.862 0.016
201706 0.015 103.349 0.019
201709 0.020 104.136 0.025
201712 0.016 104.011 0.020
201803 0.012 105.290 0.015
201806 0.016 106.317 0.019
201809 0.022 106.507 0.027
201812 0.012 105.998 0.015
201903 0.013 107.251 0.016
201906 0.221 108.070 0.265
201909 0.029 108.329 0.035
201912 0.031 108.420 0.037
202003 0.015 108.902 0.018
202006 0.002 108.767 0.002
202009 0.014 109.815 0.016
202012 0.023 109.897 0.027
202103 0.045 111.754 0.052
202106 0.017 114.631 0.019
202109 0.047 115.734 0.053
202112 0.027 117.630 0.030
202203 0.026 121.301 0.028
202206 0.041 125.017 0.042
202209 0.071 125.227 0.073
202212 0.224 125.222 0.232
202303 0.049 127.348 0.050
202306 0.083 128.729 0.083
202309 0.118 129.860 0.118
202312 0.113 129.419 0.113

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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) 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.


Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted PS Ratio Related Terms

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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Büyükdere Cad. No:201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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