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Migros Turk TAS (IST:MGROS) Cyclically Adjusted Revenue per Share : ₺327.07 (As of Mar. 2024)


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What is Migros Turk TAS Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Migros Turk TAS's adjusted revenue per share for the three months ended in Mar. 2024 was ₺289.454. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₺327.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Migros Turk TAS's average Cyclically Adjusted Revenue Growth Rate was 56.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 55.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Migros Turk TAS was 55.40% per year. The lowest was 40.50% per year. And the median was 47.95% per year.

As of today (2024-06-22), Migros Turk TAS's current stock price is ₺533.00. Migros Turk TAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺327.07. Migros Turk TAS's Cyclically Adjusted PS Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Migros Turk TAS was 1.67. The lowest was 0.20. And the median was 0.50.


Migros Turk TAS Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Migros Turk TAS's Cyclically Adjusted Revenue per Share 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.

Migros Turk TAS Cyclically Adjusted Revenue per Share Chart

Migros Turk TAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.19 78.41 100.40 180.84 294.09

Migros Turk TAS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 208.69 227.89 251.46 294.09 327.07

Competitive Comparison of Migros Turk TAS's Cyclically Adjusted Revenue per Share

For the Grocery Stores subindustry, Migros Turk TAS'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.


Migros Turk TAS's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Turk TAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Migros Turk TAS's Cyclically Adjusted PS Ratio falls into.



Migros Turk TAS Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Migros Turk TAS'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)
=289.454/131.7762*131.7762
=289.454

Current CPI (Mar. 2024) = 131.7762.

Migros Turk TAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.039 100.560 14.466
201409 12.889 100.428 16.912
201412 11.742 99.070 15.618
201503 11.650 99.621 15.410
201506 12.892 100.684 16.873
201509 14.842 100.392 19.482
201512 13.359 99.792 17.641
201603 13.543 100.470 17.763
201606 14.986 101.688 19.420
201609 17.297 101.861 22.377
201612 16.293 101.863 21.078
201703 17.489 102.862 22.405
201706 22.037 103.349 28.098
201709 24.068 104.136 30.456
201712 21.155 104.011 26.802
201803 22.132 105.290 27.700
201806 24.983 106.317 30.966
201809 29.442 106.507 36.427
201812 27.193 105.998 33.806
201903 27.189 107.251 33.406
201906 32.080 108.070 39.117
201909 35.701 108.329 43.428
201912 31.318 108.420 38.065
202003 35.060 108.902 42.424
202006 38.144 108.767 46.213
202009 42.030 109.815 50.435
202012 43.781 109.897 52.497
202103 42.469 111.754 50.078
202106 46.478 114.631 53.429
202109 54.220 115.734 61.735
202112 57.171 117.630 64.047
202203 67.778 121.301 73.631
202206 88.170 125.017 92.937
202209 120.513 125.227 126.816
202212 507.750 125.222 534.327
202303 259.461 127.348 268.484
202306 181.998 128.729 186.307
202309 230.441 129.860 233.842
202312 448.184 129.419 456.346
202403 289.454 131.776 289.454

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Migros Turk TAS  (IST:MGROS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Migros Turk TAS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=533.00/327.07
=1.63

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Migros Turk TAS was 1.67. The lowest was 0.20. And the median was 0.50.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Migros Turk TAS Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Migros Turk TAS's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Migros Turk TAS (IST:MGROS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758
Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Turk TAS (IST:MGROS) Headlines

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