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Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) Cyclically Adjusted PS Ratio : 2.11 (As of Jul. 01, 2025)


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What is Turk Traktor ve Ziraat Makineleri AS Cyclically Adjusted PS Ratio?

As of today (2025-07-01), Turk Traktor ve Ziraat Makineleri AS's current share price is ₺581.50. Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ₺275.99. Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio for today is 2.11.

The historical rank and industry rank for Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:TTRAK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 2.21   Max: 7.11
Current: 2.02

During the past years, Turk Traktor ve Ziraat Makineleri AS's highest Cyclically Adjusted PS Ratio was 7.11. The lowest was 0.49. And the median was 2.21.

IST:TTRAK's Cyclically Adjusted PS Ratio is ranked worse than
72.12% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.07 vs IST:TTRAK: 2.02

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.

Turk Traktor ve Ziraat Makineleri AS's adjusted revenue per share data for the three months ended in Mar. 2025 was ₺127.146. 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 ₺275.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turk Traktor ve Ziraat Makineleri AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS Cyclically Adjusted PS Ratio Chart

Turk Traktor ve Ziraat Makineleri 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 2.66 2.50 3.92 3.75 2.88

Turk Traktor ve Ziraat Makineleri 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 4.59 4.03 2.89 2.88 2.96

Competitive Comparison of Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio falls into.


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Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=581.50/275.99
=2.11

* 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.

Turk Traktor ve Ziraat Makineleri AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Turk Traktor ve Ziraat Makineleri 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)
=127.146/134.9266*134.9266
=127.146

Current CPI (Mar. 2025) = 134.9266.

Turk Traktor ve Ziraat Makineleri AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 7.973 100.684 10.685
201509 8.509 100.392 11.436
201512 7.593 99.792 10.266
201603 8.852 100.470 11.888
201606 9.370 101.688 12.433
201609 6.798 101.861 9.005
201612 9.391 101.863 12.439
201703 9.608 102.862 12.603
201706 10.902 103.349 14.233
201709 10.087 104.136 13.070
201712 11.525 104.011 14.951
201803 10.473 105.290 13.421
201806 10.762 106.317 13.658
201809 8.756 106.507 11.092
201812 9.073 105.998 11.549
201903 8.174 107.251 10.283
201906 9.278 108.070 11.584
201909 9.825 108.329 12.237
201912 10.828 108.420 13.475
202003 11.898 108.902 14.741
202006 9.910 108.767 12.293
202009 16.207 109.815 19.913
202012 24.390 109.897 29.945
202103 26.821 111.754 32.382
202106 28.932 114.631 34.054
202109 24.679 115.734 28.772
202112 35.984 117.630 41.275
202203 39.853 121.301 44.330
202206 48.895 125.017 52.771
202209 57.319 125.227 61.759
202212 267.631 125.222 288.373
202303 307.791 127.348 326.108
202306 190.139 128.729 199.294
202309 244.402 129.860 253.939
202312 250.854 129.419 261.529
202403 229.025 131.776 234.500
202406 156.710 132.554 159.515
202409 128.913 133.029 130.752
202412 173.870 133.157 176.181
202503 127.146 134.927 127.146

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.


Turk Traktor ve Ziraat Makineleri AS  (IST:TTRAK) 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.


Turk Traktor ve Ziraat Makineleri AS Cyclically Adjusted PS Ratio Related Terms

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


Turk Traktor ve Ziraat Makineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

Turk Traktor ve Ziraat Makineleri AS Headlines

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