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Net Holding AS (IST:NTHOL) Cyclically Adjusted PS Ratio : 7.22 (As of Jun. 23, 2024)


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What is Net Holding AS Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Net Holding AS's current share price is ₺35.72. Net Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺4.95. Net Holding AS's Cyclically Adjusted PS Ratio for today is 7.22.

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

IST:NTHOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.59   Max: 7.22
Current: 7.22

During the past years, Net Holding AS's highest Cyclically Adjusted PS Ratio was 7.22. The lowest was 0.83. And the median was 2.59.

IST:NTHOL's Cyclically Adjusted PS Ratio is ranked worse than
89.86% of 641 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs IST:NTHOL: 7.22

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.

Net Holding AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺7.605. 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 ₺4.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Net Holding AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Net Holding 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.

Net Holding AS Cyclically Adjusted PS Ratio Chart

Net Holding 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 1.73 2.04 3.34 4.67 3.90

Net Holding 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 4.67 3.41 3.53 5.21 3.90

Competitive Comparison of Net Holding AS's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Net Holding 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.


Net Holding AS's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Net Holding 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.

Net Holding AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.72/4.95
=7.22

* 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.

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

For example, Net Holding 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)
=7.605/129.4194*129.4194
=7.605

Current CPI (Dec. 2023) = 129.4194.

Net Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.131 99.695 0.170
201406 0.181 100.560 0.233
201409 0.254 100.428 0.327
201412 0.277 99.070 0.362
201503 0.200 99.621 0.260
201506 0.263 100.684 0.338
201509 0.324 100.392 0.418
201512 0.315 99.792 0.409
201603 0.200 100.470 0.258
201606 0.304 101.688 0.387
201609 0.352 101.861 0.447
201612 0.455 101.863 0.578
201703 0.247 102.862 0.311
201706 0.417 103.349 0.522
201709 0.520 104.136 0.646
201712 0.395 104.011 0.491
201803 0.267 105.290 0.328
201806 1.225 106.317 1.491
201809 1.567 106.507 1.904
201812 0.393 105.998 0.480
201903 0.258 107.251 0.311
201906 1.926 108.070 2.306
201909 1.922 108.329 2.296
201912 0.545 108.420 0.651
202003 0.311 108.902 0.370
202006 0.221 108.767 0.263
202009 1.225 109.815 1.444
202012 0.202 109.897 0.238
202103 0.082 111.754 0.095
202106 0.390 114.631 0.440
202109 1.111 115.734 1.242
202112 0.801 117.630 0.881
202203 0.957 121.301 1.021
202206 1.307 125.017 1.353
202209 1.714 125.227 1.771
202212 7.322 125.222 7.567
202303 1.920 127.348 1.951
202306 3.413 128.729 3.431
202309 3.899 129.860 3.886
202312 7.605 129.419 7.605

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.


Net Holding AS  (IST:NTHOL) 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.


Net Holding AS Cyclically Adjusted PS Ratio Related Terms

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


Net Holding AS (IST:NTHOL) Business Description

Traded in Other Exchanges
N/A
Address
Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.

Net Holding AS (IST:NTHOL) Headlines

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