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Netas Telekomuenikasyon AS (IST:NETAS) Cyclically Adjusted PS Ratio : 2.04 (As of Jun. 20, 2024)


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What is Netas Telekomuenikasyon AS Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Netas Telekomuenikasyon AS's current share price is ₺74.00. Netas Telekomuenikasyon AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺36.22. Netas Telekomuenikasyon AS's Cyclically Adjusted PS Ratio for today is 2.04.

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

IST:NETAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.06   Max: 2.71
Current: 2.01

During the past years, Netas Telekomuenikasyon AS's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.47. And the median was 1.06.

IST:NETAS's Cyclically Adjusted PS Ratio is ranked worse than
69.42% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs IST:NETAS: 2.01

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.

Netas Telekomuenikasyon AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺35.884. 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 ₺36.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netas Telekomuenikasyon AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS Cyclically Adjusted PS Ratio Chart

Netas Telekomuenikasyon 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 1.00 1.82 0.87 1.62 1.14

Netas Telekomuenikasyon AS 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 1.62 0.95 0.91 1.65 1.14

Competitive Comparison of Netas Telekomuenikasyon AS's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Netas Telekomuenikasyon 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.


Netas Telekomuenikasyon AS's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomuenikasyon AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.00/36.22
=2.04

* 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.

Netas Telekomuenikasyon AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Netas Telekomuenikasyon AS'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)
=35.884/129.4194*129.4194
=35.884

Current CPI (Dec. 2023) = 129.4194.

Netas Telekomuenikasyon AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.466 99.695 3.201
201406 2.775 100.560 3.571
201409 2.090 100.428 2.693
201412 4.092 99.070 5.346
201503 2.450 99.621 3.183
201506 2.735 100.684 3.516
201509 3.364 100.392 4.337
201512 7.006 99.792 9.086
201603 3.152 100.470 4.060
201606 3.832 101.688 4.877
201609 3.110 101.861 3.951
201612 4.858 101.863 6.172
201703 2.588 102.862 3.256
201706 5.017 103.349 6.283
201709 3.006 104.136 3.736
201712 6.690 104.011 8.324
201803 2.917 105.290 3.586
201806 3.371 106.317 4.104
201809 2.980 106.507 3.621
201812 6.526 105.998 7.968
201903 3.383 107.251 4.082
201906 5.338 108.070 6.393
201909 4.139 108.329 4.945
201912 7.608 108.420 9.082
202003 4.692 108.902 5.576
202006 6.520 108.767 7.758
202009 6.042 109.815 7.121
202012 9.466 109.897 11.148
202103 7.582 111.754 8.780
202106 7.518 114.631 8.488
202109 7.467 115.734 8.350
202112 12.835 117.630 14.121
202203 10.588 121.301 11.297
202206 13.763 125.017 14.248
202209 15.827 125.227 16.357
202212 21.298 125.222 22.012
202303 16.618 127.348 16.888
202306 25.050 128.729 25.184
202309 29.717 129.860 29.616
202312 35.884 129.419 35.884

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.


Netas Telekomuenikasyon AS  (IST:NETAS) 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.


Netas Telekomuenikasyon AS Cyclically Adjusted PS Ratio Related Terms

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


Netas Telekomuenikasyon AS (IST:NETAS) Business Description

Traded in Other Exchanges
N/A
Address
Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912
Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

Netas Telekomuenikasyon AS (IST:NETAS) Headlines

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