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Turkiye Kalkinma Bankasi AS (IST:KLNMA) Cyclically Adjusted PS Ratio : 52.74 (As of Jun. 08, 2024)


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What is Turkiye Kalkinma Bankasi AS Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Turkiye Kalkinma Bankasi AS's current share price is ₺16.35. Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺0.31. Turkiye Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio for today is 52.74.

The historical rank and industry rank for Turkiye Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:KLNMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 24.57   Med: 52.91   Max: 145.94
Current: 55.35

During the past years, Turkiye Kalkinma Bankasi AS's highest Cyclically Adjusted PS Ratio was 145.94. The lowest was 24.57. And the median was 52.91.

IST:KLNMA's Cyclically Adjusted PS Ratio is ranked worse than
99.83% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs IST:KLNMA: 55.35

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 Kalkinma Bankasi AS's adjusted revenue per share data for the three months ended in Mar. 2024 was ₺0.009. 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 ₺0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Turkiye Kalkinma Bankasi 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.

Turkiye Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Chart

Turkiye Kalkinma Bankasi 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 - 115.44 55.97 39.16 44.98

Turkiye Kalkinma Bankasi 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 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 28.26 24.95 47.97 44.98 50.14

Competitive Comparison of Turkiye Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Turkiye Kalkinma 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 Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Turkiye Kalkinma Bankasi 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.

Turkiye Kalkinma Bankasi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.35/0.31
=52.74

* 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.

Turkiye Kalkinma Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Turkiye Kalkinma 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)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Turkiye Kalkinma Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.009 100.560 0.012
201409 0.011 100.428 0.014
201412 0.008 99.070 0.011
201503 0.010 99.621 0.013
201506 0.010 100.684 0.013
201509 0.010 100.392 0.013
201512 0.012 99.792 0.016
201603 0.011 100.470 0.014
201606 0.012 101.688 0.016
201609 0.011 101.861 0.014
201612 0.033 101.863 0.043
201703 0.014 102.862 0.018
201706 0.014 103.349 0.018
201709 0.014 104.136 0.018
201712 0.015 104.011 0.019
201803 0.017 105.290 0.021
201806 0.020 106.317 0.025
201809 0.026 106.507 0.032
201812 0.034 105.998 0.042
201903 0.036 107.251 0.044
201906 0.038 108.070 0.046
201909 0.043 108.329 0.052
201912 0.033 108.420 0.040
202003 0.032 108.902 0.039
202006 0.039 108.767 0.047
202009 0.047 109.815 0.056
202012 0.049 109.897 0.059
202103 0.081 111.754 0.096
202106 0.106 114.631 0.122
202109 0.091 115.734 0.104
202112 0.089 117.630 0.100
202203 0.168 121.301 0.183
202206 0.133 125.017 0.140
202209 0.182 125.227 0.192
202212 0.200 125.222 0.210
202303 0.005 127.348 0.005
202306 0.371 128.729 0.380
202309 0.358 129.860 0.363
202312 0.405 129.419 0.412
202403 0.009 131.776 0.009

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.


Turkiye Kalkinma Bankasi AS  (IST:KLNMA) 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.


Turkiye Kalkinma Bankasi AS Cyclically Adjusted PS Ratio Related Terms

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Turkiye Kalkinma Bankasi AS (IST:KLNMA) Business Description

Traded in Other Exchanges
N/A
Address
Necatibey Caddesi No. 98, Kizilay, Ankara, TUR, 06100
Turkiye Kalkinma Bankasi AS is a Turkish banking service provider, which specializes in investment banking and financing activities primarily to the industrial, tourism and energy sectors. Under the investment banking division, the company provides places activities such as investment services, which cover treasury bills, repo, Kalkinma funds, money transfer, and apex banking activities. It also conducts certain activities under financing services such as Kalkinma working capital loan, World bank renewable energy and energy efficiency loan, European investment bank small and medium enterprises (SME) development loan, Islamic development bank investment loan and world bank SME-II Apex loan.

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