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Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Cyclically Adjusted PS Ratio : 1.49 (As of May. 15, 2024)


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What is Euro Menkul Kiymet Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Euro Menkul Kiymet Yatirim Ortakligi AS's current share price is ₺16.85. Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₺11.32. Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 1.49.

The historical rank and industry rank for Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:EUYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.37   Max: 1.94
Current: 1.55

During the past years, Euro Menkul Kiymet Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.21. And the median was 0.37.

IST:EUYO's Cyclically Adjusted PS Ratio is ranked better than
83.56% of 876 companies
in the Asset Management industry
Industry Median: 7.425 vs IST:EUYO: 1.55

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.

Euro Menkul Kiymet Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Sep. 2023 was ₺0.824. 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 ₺11.32 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euro Menkul Kiymet Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Euro Menkul Kiymet Yatirim Ortakligi 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.

Euro Menkul Kiymet Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Euro Menkul Kiymet Yatirim Ortakligi 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 - - - 0.27 0.41

Euro Menkul Kiymet Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.25 0.41 0.46 0.53 1.42

Competitive Comparison of Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Euro Menkul Kiymet Yatirim Ortakligi 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.


Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.



Euro Menkul Kiymet Yatirim Ortakligi 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.85/11.32
=1.49

* 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.

Euro Menkul Kiymet Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Euro Menkul Kiymet Yatirim Ortakligi AS's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.824/129.8595*129.8595
=0.824

Current CPI (Sep. 2023) = 129.8595.

Euro Menkul Kiymet Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 2.841 98.209 3.757
201306 4.549 98.518 5.996
201309 4.676 98.790 6.147
201312 3.330 98.326 4.398
201403 2.360 99.695 3.074
201406 2.684 100.560 3.466
201409 2.279 100.428 2.947
201412 3.313 99.070 4.343
201503 2.696 99.621 3.514
201506 3.312 100.684 4.272
201512 0.000 99.792 0.000
201606 4.917 101.688 6.279
201612 0.000 101.863 0.000
201703 4.010 102.862 5.062
201706 3.069 103.349 3.856
201709 2.013 104.136 2.510
201712 4.317 104.011 5.390
201803 3.663 105.290 4.518
201806 2.602 106.317 3.178
201809 1.805 106.507 2.201
201812 1.975 105.998 2.420
201903 24.993 107.251 30.262
201906 55.549 108.070 66.749
201909 56.463 108.329 67.685
201912 -130.683 108.420 -156.525
202003 0.716 108.902 0.854
202006 1.009 108.767 1.205
202009 1.959 109.815 2.317
202012 2.201 109.897 2.601
202103 2.082 111.754 2.419
202106 3.394 114.631 3.845
202109 1.415 115.734 1.588
202112 2.262 117.630 2.497
202203 0.489 121.301 0.524
202206 0.090 125.017 0.093
202209 0.158 125.227 0.164
202212 2.388 125.222 2.476
202303 0.150 127.348 0.153
202306 0.474 128.729 0.478
202309 0.824 129.860 0.824

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.


Euro Menkul Kiymet Yatirim Ortakligi AS  (IST:EUYO) 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.


Euro Menkul Kiymet Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms

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Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Business Description

Traded in Other Exchanges
N/A
Address
Ceyhun Kansu Street. No:66, Oguz Mahallesi Balgat, Ankara, TUR
Euro Menkul Kiymet Yatirim Ortakligi AS is engaged in establishing and managing partnership portfolios. It develops and manages a portfolio of capital market instruments, focusing on gold and other minerals.

Euro Menkul Kiymet Yatirim Ortakligi AS (IST:EUYO) Headlines

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