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Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Cyclically Adjusted PS Ratio : 5.06 (As of May. 22, 2024)


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

As of today (2024-05-22), Deniz Gayrimenkul Yatirim Ortakligi AS's current share price is ₺5.16. Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₺1.02. Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 5.06.

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

IST:DZGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 4.52   Max: 8.52
Current: 5.09

During the past years, Deniz Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 8.52. The lowest was 2.22. And the median was 4.52.

IST:DZGYO's Cyclically Adjusted PS Ratio is ranked worse than
51.53% of 489 companies
in the REITs industry
Industry Median: 4.97 vs IST:DZGYO: 5.09

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.

Deniz Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Dec. 2023 was ₺0.907. 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 ₺1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deniz 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.

Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Deniz Gayrimenkul Yatirim Ortakligi 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 - 4.32 4.73 4.72 3.75

Deniz Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.72 3.11 3.42 5.93 3.75

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

For the REIT - Diversified subindustry, Deniz 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.


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

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

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



Deniz 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.

Deniz 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
=5.16/1.02
=5.06

* 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.

Deniz Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deniz Gayrimenkul Yatirim Ortakligi AS's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.907/129.4194*129.4194
=0.907

Current CPI (Dec. 2023) = 129.4194.

Deniz Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.065 98.790 0.085
201312 0.166 98.326 0.218
201403 1.004 99.695 1.303
201406 0.376 100.560 0.484
201409 0.009 100.428 0.012
201412 -0.357 99.070 -0.466
201509 0.013 100.392 0.017
201512 0.011 99.792 0.014
201603 0.012 100.470 0.015
201606 0.013 101.688 0.017
201609 0.014 101.861 0.018
201612 0.014 101.863 0.018
201703 0.015 102.862 0.019
201706 0.016 103.349 0.020
201709 0.016 104.136 0.020
201712 0.016 104.011 0.020
201803 0.016 105.290 0.020
201806 0.017 106.317 0.021
201809 0.017 106.507 0.021
201812 0.017 105.998 0.021
201903 0.017 107.251 0.021
201906 0.019 108.070 0.023
201909 0.017 108.329 0.020
201912 0.024 108.420 0.029
202003 0.042 108.902 0.050
202006 0.017 108.767 0.020
202009 0.020 109.815 0.024
202012 1.270 109.897 1.496
202103 0.032 111.754 0.037
202106 0.395 114.631 0.446
202109 0.224 115.734 0.250
202112 0.443 117.630 0.487
202203 0.570 121.301 0.608
202206 0.478 125.017 0.495
202209 0.619 125.227 0.640
202212 1.722 125.222 1.780
202303 0.363 127.348 0.369
202306 0.124 128.729 0.125
202309 0.507 129.860 0.505
202312 0.907 129.419 0.907

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.


Deniz Gayrimenkul Yatirim Ortakligi AS  (IST:DZGYO) 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.


Deniz Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms

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Deniz Gayrimenkul Yatirim Ortakligi AS (IST:DZGYO) Business Description

Traded in Other Exchanges
N/A
Address
Büyükdere Caddesi No.106, Esentepe, Istanbul, TUR, 34394
Deniz Gayrimenkul Yatirim Ortakligi AS operates as a capital market institution. The company exports its shares to operate its portfolio consisting of real estates, real estate projects, real estate based rights, capital market instruments and other assets. Its portfolio of investments includes Bahcesehir shopping mall, Goksu shopping mall, Metrokent center shopping mall, Metrokent education buildings, and Karakoy building.

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