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TAV Havalimanlari Holding AS (TAV Havalimanlari Holding AS) Cyclically Adjusted PS Ratio : 8.73 (As of May. 16, 2024)


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What is TAV Havalimanlari Holding AS Cyclically Adjusted PS Ratio?

As of today (2024-05-16), TAV Havalimanlari Holding AS's current share price is $29.609. TAV Havalimanlari Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.39. TAV Havalimanlari Holding AS's Cyclically Adjusted PS Ratio for today is 8.73.

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

TAVHY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 3.06   Max: 7.68
Current: 7.6

During the past years, TAV Havalimanlari Holding AS's highest Cyclically Adjusted PS Ratio was 7.68. The lowest was 1.46. And the median was 3.06.

TAVHY's Cyclically Adjusted PS Ratio is ranked worse than
95.68% of 740 companies
in the Transportation industry
Industry Median: 0.86 vs TAVHY: 7.60

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 Mar. 2024 was $3.839. 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 $3.39 for the trailing ten years ended in Mar. 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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.10 4.63 5.35 4.14 6.36

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
=29.609/3.39
=8.73

* 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 Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.839/131.7762*131.7762
=3.839

Current CPI (Mar. 2024) = 131.7762.

TAV Havalimanlari Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.550 100.560 4.652
201409 3.689 100.428 4.841
201412 3.004 99.070 3.996
201503 2.447 99.621 3.237
201506 3.236 100.684 4.235
201509 3.601 100.392 4.727
201512 2.925 99.792 3.862
201603 2.590 100.470 3.397
201606 3.112 101.688 4.033
201609 3.568 101.861 4.616
201612 4.227 101.863 5.468
201703 2.695 102.862 3.453
201706 3.619 103.349 4.614
201709 4.521 104.136 5.721
201712 2.123 104.011 2.690
201803 3.169 105.290 3.966
201806 2.325 106.317 2.882
201809 2.839 106.507 3.513
201812 1.540 105.998 1.915
201903 1.878 107.251 2.307
201906 2.346 108.070 2.861
201909 2.961 108.329 3.602
201912 2.025 108.420 2.461
202003 1.441 108.902 1.744
202006 0.291 108.767 0.353
202009 1.122 109.815 1.346
202012 0.977 109.897 1.172
202103 0.794 111.754 0.936
202106 1.265 114.631 1.454
202109 2.588 115.734 2.947
202112 2.117 117.630 2.372
202203 1.809 121.301 1.965
202206 3.071 125.017 3.237
202209 3.738 125.227 3.934
202212 3.493 125.222 3.676
202303 2.959 127.348 3.062
202306 3.688 128.729 3.775
202309 4.957 129.860 5.030
202312 3.935 129.419 4.007
202403 3.839 131.776 3.839

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:TAVHY) 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 (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 and 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 (TAV Havalimanlari Holding AS) Headlines