Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Cyclically Adjusted PS Ratio : 44.34 (As of Jun. 20, 2024)

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What is Akmerkez Gayrimenkul Yatirim Ort AS Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Akmerkez Gayrimenkul Yatirim Ort AS's current share price is ₺266.50. Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺6.01. Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted PS Ratio for today is 44.34.

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

IST:AKMGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.94 Med: 15.49 Max: 60.4
Current: 44.31

During the past years, Akmerkez Gayrimenkul Yatirim Ort AS's highest Cyclically Adjusted PS Ratio was 60.40. The lowest was 6.94. And the median was 15.49.

IST:AKMGY's Cyclically Adjusted PS Ratio is ranked worse than
98.99% of 493 companies
in the REITs industry
Industry Median: 4.83 vs IST:AKMGY: 44.31

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.

Akmerkez Gayrimenkul Yatirim Ort AS's adjusted revenue per share data for the three months ended in Mar. 2024 was ₺4.076. 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 ₺6.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Akmerkez Gayrimenkul Yatirim Ort AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort 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.

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Akmerkez Gayrimenkul Yatirim Ort AS Cyclically Adjusted PS Ratio Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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8.45

23.36

13.92

19.31

23.07

Akmerkez Gayrimenkul Yatirim Ort 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 PS Ratio	Get a 7-Day Free Trial															15.65	16.65	26.74	23.07	48.21

Competitive Comparison of Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted PS Ratio

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted PS Ratio falls into.

Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	266.50	/	6.01
	=	44.34

Akmerkez Gayrimenkul Yatirim Ort AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Akmerkez Gayrimenkul Yatirim Ort 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)
	=	4.076	/	131.7762	*	131.7762
	=	4.076

Current CPI (Mar. 2024) = 131.7762.

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.626	100.560	0.820
201409	0.624	100.428	0.819
201412	0.605	99.070	0.805
201503	0.665	99.621	0.880
201506	0.687	100.684	0.899
201509	0.731	100.392	0.960
201512	0.737	99.792	0.973
201603	0.727	100.470	0.954
201606	0.859	101.688	1.113
201609	0.747	101.861	0.966
201612	0.751	101.863	0.972
201703	0.772	102.862	0.989
201706	0.769	103.349	0.981
201709	0.764	104.136	0.967
201712	0.824	104.011	1.044
201803	0.801	105.290	1.003
201806	0.800	106.317	0.992
201809	0.768	106.507	0.950
201812	0.761	105.998	0.946
201903	0.759	107.251	0.933
201906	0.755	108.070	0.921
201909	0.780	108.329	0.949
201912	0.863	108.420	1.049
202003	0.753	108.902	0.911
202006	0.229	108.767	0.277
202009	0.654	109.815	0.785
202012	0.710	109.897	0.851
202103	0.627	111.754	0.739
202106	0.613	114.631	0.705
202109	0.895	115.734	1.019
202112	1.103	117.630	1.236
202203	1.154	121.301	1.254
202206	1.368	125.017	1.442
202209	1.427	125.227	1.502
202212	7.772	125.222	8.179
202303	3.647	127.348	3.774
202306	2.420	128.729	2.477
202309	2.591	129.860	2.629
202312	6.297	129.419	6.412
202403	4.076	131.776	4.076

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.

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) 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.

Akmerkez Gayrimenkul Yatirim Ort AS Cyclically Adjusted PS Ratio Related Terms

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

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR

Website

http://www.akmgyo.com

Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.

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