GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Turk Hava Yollari AO (IST:THYAO) » Definitions » Cyclically Adjusted Revenue per Share

Turk Hava Yollari AO (IST:THYAO) Cyclically Adjusted Revenue per Share : ₺95.11 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Turk Hava Yollari AO 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.

Turk Hava Yollari AO's adjusted revenue per share for the three months ended in Mar. 2024 was ₺110.629. 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 ₺95.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turk Hava Yollari AO's average Cyclically Adjusted Revenue Growth Rate was 59.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 47.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 33.80% 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 Turk Hava Yollari AO was 47.10% per year. The lowest was 19.60% per year. And the median was 25.50% per year.

As of today (2024-06-06), Turk Hava Yollari AO's current stock price is ₺312.25. Turk Hava Yollari AO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺95.11. Turk Hava Yollari AO's Cyclically Adjusted PS Ratio of today is 3.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Turk Hava Yollari AO was 3.87. The lowest was 0.34. And the median was 0.85.


Turk Hava Yollari AO Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Cyclically Adjusted Revenue per Share Chart

Turk Hava Yollari AO 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 23.42 26.11 31.29 53.03 83.04

Turk Hava Yollari AO 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 59.58 68.64 81.06 83.04 95.11

Competitive Comparison of Turk Hava Yollari AO's Cyclically Adjusted Revenue per Share

For the Airlines subindustry, Turk Hava Yollari AO'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.


Turk Hava Yollari AO's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Cyclically Adjusted PS Ratio falls into.



Turk Hava Yollari AO 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, Turk Hava Yollari AO'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)
=110.629/131.7762*131.7762
=110.629

Current CPI (Mar. 2024) = 131.7762.

Turk Hava Yollari AO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.436 100.560 5.813
201409 5.037 100.428 6.609
201412 3.824 99.070 5.086
201503 3.926 99.621 5.193
201506 4.956 100.684 6.486
201509 6.663 100.392 8.746
201512 5.792 99.792 7.648
201603 4.744 100.470 6.222
201606 5.176 101.688 6.708
201609 6.203 101.861 8.025
201612 2.440 101.863 3.157
201703 5.266 102.862 6.746
201706 6.675 103.349 8.511
201709 9.077 104.136 11.486
201712 6.333 104.011 8.024
201803 7.499 105.290 9.385
201806 10.129 106.317 12.555
201809 18.155 106.507 22.462
201812 7.747 105.998 9.631
201903 10.955 107.251 13.460
201906 14.239 108.070 17.363
201909 16.384 108.329 19.930
201912 11.350 108.420 13.795
202003 11.629 108.902 14.072
202006 4.450 108.767 5.391
202009 8.721 109.815 10.465
202012 9.903 109.897 11.875
202103 9.991 111.754 11.781
202106 12.091 114.631 13.899
202109 20.982 115.734 23.890
202112 -0.546 117.630 -0.612
202203 32.309 121.301 35.099
202206 56.190 125.017 59.228
202209 80.687 125.227 84.907
202212 40.482 125.222 42.601
202303 59.930 127.348 62.014
202306 88.388 128.729 90.480
202309 123.552 129.860 125.376
202312 26.508 129.419 26.991
202403 110.629 131.776 110.629

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


Turk Hava Yollari AO  (IST:THYAO) 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.

Turk Hava Yollari AO's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=312.25/95.11
=3.28

* 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 Turk Hava Yollari AO was 3.87. The lowest was 0.34. And the median was 0.85.


Be Aware

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


Turk Hava Yollari AO Cyclically Adjusted Revenue per Share Related Terms

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


Turk Hava Yollari AO (IST:THYAO) Business Description

Industry
Traded in Other Exchanges
Address
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (IST:THYAO) Headlines

No Headlines