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Pera Gayrimenkul Yatirim Ortakligi AS (IST:PEGYO) Cyclically Adjusted PS Ratio : 180.62 (As of Apr. 27, 2024)


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What is Pera Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Pera Gayrimenkul Yatirim Ortakligi AS's current share price is ₺23.48. Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was ₺0.13. Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 180.62.

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

IST:PEGYO's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 4.995
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Pera Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Dec. 2022 was ₺0.013. 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 ₺0.13 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pera Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pera Gayrimenkul 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.

Pera Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Pera Gayrimenkul 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 - 5.03 13.37 8.63 41.32

Pera Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 8.63 8.96 12.27 14.77 41.32

Competitive Comparison of Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio

For the REIT - Diversified subindustry, Pera Gayrimenkul 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.


Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.



Pera Gayrimenkul 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.

Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.48/0.13
=180.62

* 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.

Pera Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Pera Gayrimenkul Yatirim Ortakligi AS's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.013/125.2218*125.2218
=0.013

Current CPI (Dec. 2022) = 125.2218.

Pera Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.021 98.209 0.027
201306 0.039 98.518 0.050
201309 0.036 98.790 0.046
201312 0.026 98.326 0.033
201403 0.023 99.695 0.029
201406 0.015 100.560 0.019
201409 0.015 100.428 0.019
201412 0.215 99.070 0.272
201503 0.012 99.621 0.015
201506 0.061 100.684 0.076
201509 0.022 100.392 0.027
201512 0.024 99.792 0.030
201603 0.016 100.470 0.020
201606 0.018 101.688 0.022
201609 0.019 101.861 0.023
201612 0.012 101.863 0.015
201703 0.012 102.862 0.015
201706 0.012 103.349 0.015
201709 0.013 104.136 0.016
201712 0.016 104.011 0.019
201803 0.011 105.290 0.013
201806 0.171 106.317 0.201
201809 0.019 106.507 0.022
201812 0.046 105.998 0.054
201903 0.033 107.251 0.039
201906 0.016 108.070 0.019
201909 0.022 108.329 0.025
201912 0.002 108.420 0.002
202003 0.016 108.902 0.018
202006 0.007 108.767 0.008
202009 0.033 109.815 0.038
202012 0.007 109.897 0.008
202103 0.005 111.754 0.006
202106 0.006 114.631 0.007
202109 0.008 115.734 0.009
202112 0.010 117.630 0.011
202203 0.020 121.301 0.021
202206 0.026 125.017 0.026
202209 0.006 125.227 0.006
202212 0.013 125.222 0.013

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.


Pera Gayrimenkul Yatirim Ortakligi AS  (IST:PEGYO) 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.


Pera Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms

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Pera Gayrimenkul Yatirim Ortakligi AS (IST:PEGYO) Business Description

Traded in Other Exchanges
N/A
Address
Rihtim Cad. No: 51 Karakoy, Istanbul, TUR, 34425
Pera Gayrimenkul Yatirim Ortakligi A.S. is a real estate investment trust. Its main activity is investing in real estate development and real estate-based capital market instruments.

Pera Gayrimenkul Yatirim Ortakligi AS (IST:PEGYO) Headlines

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