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Parsan Makina Parcalarinayii AS (IST:PARSN) Cyclically Adjusted PS Ratio : 4.21 (As of May. 29, 2025)


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What is Parsan Makina Parcalarinayii AS Cyclically Adjusted PS Ratio?

As of today (2025-05-29), Parsan Makina Parcalarinayii AS's current share price is ₺78.65. Parsan Makina Parcalarinayii AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₺18.70. Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio for today is 4.21.

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

IST:PARSN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.86   Med: 5.56   Max: 13.96
Current: 4.3

During the past years, Parsan Makina Parcalarinayii AS's highest Cyclically Adjusted PS Ratio was 13.96. The lowest was 2.86. And the median was 5.56.

IST:PARSN's Cyclically Adjusted PS Ratio is ranked worse than
79.4% of 2049 companies
in the Industrial Products industry
Industry Median: 1.7 vs IST:PARSN: 4.30

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.

Parsan Makina Parcalarinayii AS's adjusted revenue per share data for the three months ended in Mar. 2025 was ₺14.540. 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 ₺18.70 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parsan Makina Parcalarinayii AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Parsan Makina Parcalarinayii 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.

Parsan Makina Parcalarinayii AS Cyclically Adjusted PS Ratio Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.87 5.57 8.61 7.03 5.09

Parsan Makina Parcalarinayii AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.91 7.79 5.54 5.09 4.36

Competitive Comparison of Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Parsan Makina Parcalarinayii 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.


Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio falls into.


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Parsan Makina Parcalarinayii 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.

Parsan Makina Parcalarinayii AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.65/18.70
=4.21

* 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.

Parsan Makina Parcalarinayii AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Parsan Makina Parcalarinayii AS's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.54/134.9266*134.9266
=14.540

Current CPI (Mar. 2025) = 134.9266.

Parsan Makina Parcalarinayii AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.732 100.684 0.981
201509 0.649 100.392 0.872
201512 0.749 99.792 1.013
201603 0.747 100.470 1.003
201606 0.763 101.688 1.012
201609 0.692 101.861 0.917
201612 0.750 101.863 0.993
201703 0.971 102.862 1.274
201706 0.963 103.349 1.257
201709 0.966 104.136 1.252
201712 1.146 104.011 1.487
201803 1.382 105.290 1.771
201806 1.551 106.317 1.968
201809 1.713 106.507 2.170
201812 1.782 105.998 2.268
201903 1.872 107.251 2.355
201906 1.784 108.070 2.227
201909 1.578 108.329 1.965
201912 1.505 108.420 1.873
202003 1.828 108.902 2.265
202006 1.037 108.767 1.286
202009 2.055 109.815 2.525
202012 2.730 109.897 3.352
202103 3.230 111.754 3.900
202106 3.644 114.631 4.289
202109 3.505 115.734 4.086
202112 4.413 117.630 5.062
202203 6.669 121.301 7.418
202206 7.560 125.017 8.159
202209 8.728 125.227 9.404
202212 9.016 125.222 9.715
202303 11.759 127.348 12.459
202306 0.114 128.729 0.119
202309 13.899 129.860 14.441
202312 13.061 129.419 13.617
202403 16.140 131.776 16.526
202406 0.133 132.554 0.135
202409 11.722 133.029 11.889
202412 12.978 133.157 13.150
202503 14.540 134.927 14.540

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.


Parsan Makina Parcalarinayii AS  (IST:PARSN) 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.


Parsan Makina Parcalarinayii AS Cyclically Adjusted PS Ratio Related Terms

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


Parsan Makina Parcalarinayii AS Business Description

Traded in Other Exchanges
N/A
Address
Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.

Parsan Makina Parcalarinayii AS Headlines

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