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Migros Ticaret AS (IST:MGROS) Cyclically Adjusted PS Ratio : 0.50 (As of Sep. 24, 2024)


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What is Migros Ticaret AS Cyclically Adjusted PS Ratio?

As of today (2024-09-24), Migros Ticaret AS's current share price is ₺494.75. Migros Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₺994.45. Migros Ticaret AS's Cyclically Adjusted PS Ratio for today is 0.50.

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

IST:MGROS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.5   Max: 1.12
Current: 0.5

During the past years, Migros Ticaret AS's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.20. And the median was 0.50.

IST:MGROS's Cyclically Adjusted PS Ratio is ranked worse than
53.18% of 220 companies
in the Retail - Defensive industry
Industry Median: 0.445 vs IST:MGROS: 0.50

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.

Migros Ticaret AS's adjusted revenue per share data for the three months ended in Jun. 2024 was ₺3,551.095. 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 ₺994.45 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Migros Ticaret AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Migros Ticaret 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.

Migros Ticaret AS Cyclically Adjusted PS Ratio Chart

Migros Ticaret 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 0.37 0.55 0.38 0.81 0.56

Migros Ticaret AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.40 0.66 0.56 0.65 0.53

Competitive Comparison of Migros Ticaret AS's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Migros Ticaret 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.


Migros Ticaret AS's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Migros Ticaret AS's Cyclically Adjusted PS Ratio falls into.



Migros Ticaret 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.

Migros Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=494.75/994.45
=0.50

* 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.

Migros Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Migros Ticaret AS's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3551.095/132.5538*132.5538
=3,551.095

Current CPI (Jun. 2024) = 132.5538.

Migros Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 12.889 100.428 17.012
201412 11.742 99.070 15.711
201503 11.650 99.621 15.501
201506 12.892 100.684 16.973
201509 14.842 100.392 19.597
201512 13.359 99.792 17.745
201603 13.543 100.470 17.868
201606 14.986 101.688 19.535
201609 17.297 101.861 22.509
201612 16.293 101.863 21.202
201703 17.489 102.862 22.537
201706 22.037 103.349 28.264
201709 24.068 104.136 30.636
201712 21.155 104.011 26.960
201803 22.132 105.290 27.863
201806 24.983 106.317 31.148
201809 29.442 106.507 36.642
201812 27.193 105.998 34.006
201903 27.189 107.251 33.604
201906 32.080 108.070 39.348
201909 35.701 108.329 43.684
201912 31.318 108.420 38.289
202003 35.060 108.902 42.675
202006 38.144 108.767 46.486
202009 42.030 109.815 50.733
202012 43.781 109.897 52.807
202103 42.469 111.754 50.373
202106 46.478 114.631 53.745
202109 54.220 115.734 62.100
202112 57.171 117.630 64.425
202203 67.778 121.301 74.066
202206 88.170 125.017 93.486
202209 120.513 125.227 127.565
202212 507.750 125.222 537.480
202303 259.461 127.348 270.068
202306 3,209.921 128.729 3,305.302
202309 230.441 129.860 235.222
202312 448.184 129.419 459.039
202403 289.454 131.776 291.162
202406 3,551.095 132.554 3,551.095

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.


Migros Ticaret AS  (IST:MGROS) 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.


Migros Ticaret AS Cyclically Adjusted PS Ratio Related Terms

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


Migros Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758
Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Ticaret AS Headlines

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