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TAVHF (TAV Havalimanlari Holding AS) Cyclically Adjusted PS Ratio : 5.18 (As of Dec. 13, 2024)


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What is TAV Havalimanlari Holding AS Cyclically Adjusted PS Ratio?

As of today (2024-12-13), TAV Havalimanlari Holding AS's current share price is $6.16. TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $1.19. TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio for today is 5.18.

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

TAVHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 3.18   Max: 8.87
Current: 7.38

During the past years, TAV Havalimanlari Holding AS's highest Cyclically Adjusted PS Ratio was 8.87. The lowest was 1.46. And the median was 3.18.

TAVHF's Cyclically Adjusted PS Ratio is ranked worse than
95.06% of 648 companies
in the Transportation industry
Industry Median: 1.01 vs TAVHF: 7.38

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.

TAV Havalimanlari Holding AS's adjusted revenue per share data for the three months ended in Sep. 2024 was $1.526. 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 $1.19 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAV Havalimanlari Holding AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TAV Havalimanlari 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.

TAV Havalimanlari Holding AS Cyclically Adjusted PS Ratio Chart

TAV Havalimanlari 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 3.20 2.25 2.93 5.65 4.14

TAV Havalimanlari Holding AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.35 4.14 6.25 7.83 6.54

Competitive Comparison of TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, TAV Havalimanlari 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.


TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TAV Havalimanlari 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.16/1.19
=5.18

* 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.

TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, TAV Havalimanlari Holding AS's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.526/133.0289*133.0289
=1.526

Current CPI (Sep. 2024) = 133.0289.

TAV Havalimanlari Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.751 99.070 1.008
201503 0.612 99.621 0.817
201506 0.809 100.684 1.069
201509 0.900 100.392 1.193
201512 0.731 99.792 0.974
201603 0.647 100.470 0.857
201606 0.778 101.688 1.018
201609 0.892 101.861 1.165
201612 1.057 101.863 1.380
201703 0.674 102.862 0.872
201706 0.905 103.349 1.165
201709 1.130 104.136 1.444
201712 0.531 104.011 0.679
201803 0.792 105.290 1.001
201806 0.581 106.317 0.727
201809 0.710 106.507 0.887
201812 0.385 105.998 0.483
201903 0.469 107.251 0.582
201906 0.587 108.070 0.723
201909 0.740 108.329 0.909
201912 0.506 108.420 0.621
202003 0.360 108.902 0.440
202006 0.073 108.767 0.089
202009 0.281 109.815 0.340
202012 0.244 109.897 0.295
202103 0.198 111.754 0.236
202106 0.316 114.631 0.367
202109 0.647 115.734 0.744
202112 0.529 117.630 0.598
202203 0.452 121.301 0.496
202206 0.768 125.017 0.817
202209 0.934 125.227 0.992
202212 0.873 125.222 0.927
202303 0.740 127.348 0.773
202306 0.922 128.729 0.953
202309 1.239 129.860 1.269
202312 0.984 129.419 1.011
202403 0.960 131.776 0.969
202406 1.219 132.554 1.223
202409 1.526 133.029 1.526

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.


TAV Havalimanlari Holding AS  (OTCPK:TAVHF) 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.


TAV Havalimanlari Holding AS Cyclically Adjusted PS Ratio Related Terms

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TAV Havalimanlari Holding AS Business Description

Traded in Other Exchanges
Address
Ayazaga Mahallesi, Azerbaycan Caddesi, 2C Blok No:3L/6, Vadistanbul Bulvar, Sariyer, Istanbul, TUR, 34485
TAV Havalimanlari Holding AS constructs, manages and operates terminal buildings, management and operation of terminals or airports. The company organises itself into five segments: Terminal operations, Catering operations, Duty free operations, Ground handling and bus operations, and Other operations. Terminal operations, which contribute approximately half the company's revenue and the majority of profit, operates terminal buildings and car parks. Ground handling and bus operations and duty free operations are the next most significant segments. The company is headquartered in Turkey and derives the majority of revenue domestically.

TAV Havalimanlari Holding AS Headlines