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TEK-ART Turizm Zigana AS (IST:TEKTU) Cyclically Adjusted PS Ratio : 35.17 (As of May. 27, 2024)


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What is TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio?

As of today (2024-05-27), TEK-ART Turizm Zigana AS's current share price is ₺4.22. TEK-ART Turizm Zigana AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was ₺0.12. TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio for today is 35.17.

The historical rank and industry rank for TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:TEKTU's Cyclically Adjusted PS Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.45
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

TEK-ART Turizm Zigana AS's adjusted revenue per share data for the three months ended in Dec. 2022 was ₺0.014. 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 ₺0.12 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Chart

TEK-ART Turizm Zigana AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 12.67 20.15 11.99 29.79

TEK-ART Turizm Zigana AS Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 11.99 14.59 14.35 18.02 29.79

Competitive Comparison of TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio

For the Lodging subindustry, TEK-ART Turizm Zigana 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.


TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio falls into.



TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.22/0.12
=35.17

* 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.

TEK-ART Turizm Zigana AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, TEK-ART Turizm Zigana AS's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.014/125.2218*125.2218
=0.014

Current CPI (Dec. 2022) = 125.2218.

TEK-ART Turizm Zigana AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.001 98.209 0.001
201306 0.035 98.518 0.044
201309 0.066 98.790 0.084
201312 0.007 98.326 0.009
201403 0.001 99.695 0.001
201406 0.032 100.560 0.040
201409 0.066 100.428 0.082
201412 0.004 99.070 0.005
201503 0.001 99.621 0.001
201506 0.040 100.684 0.050
201509 0.088 100.392 0.110
201512 0.012 99.792 0.015
201603 0.002 100.470 0.002
201606 0.003 101.688 0.004
201609 0.012 101.861 0.015
201612 0.001 101.863 0.001
201703 0.002 102.862 0.002
201706 0.030 103.349 0.036
201709 0.082 104.136 0.099
201712 0.006 104.011 0.007
201803 0.007 105.290 0.008
201806 0.016 106.317 0.019
201809 0.001 106.507 0.001
201812 0.006 105.998 0.007
201903 0.004 107.251 0.005
201906 0.046 108.070 0.053
201909 0.115 108.329 0.133
201912 0.013 108.420 0.015
202003 0.005 108.902 0.006
202006 0.005 108.767 0.006
202009 0.057 109.815 0.065
202012 0.010 109.897 0.011
202103 0.004 111.754 0.004
202106 0.008 114.631 0.009
202109 0.058 115.734 0.063
202112 0.006 117.630 0.006
202203 0.007 121.301 0.007
202206 0.020 125.017 0.020
202209 0.116 125.227 0.116
202212 0.014 125.222 0.014

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.


TEK-ART Turizm Zigana AS  (IST:TEKTU) 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.


TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Related Terms

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


TEK-ART Turizm Zigana AS (IST:TEKTU) Business Description

Traded in Other Exchanges
N/A
Address
Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR
TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.

TEK-ART Turizm Zigana AS (IST:TEKTU) Headlines

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