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Turkiye Is Bankasi AS (IST:ISCTR) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Turkiye Is Bankasi AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Is Bankasi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS Cyclically Adjusted PS Ratio Chart

Turkiye Is Bankasi 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 445.34 539.02 838.40 77,953.24 171,280.41

Turkiye Is Bankasi 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 77,953.24 68,431.83 55,322.36 130,246.66 171,280.41

Competitive Comparison of Turkiye Is Bankasi AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Turkiye Is Bankasi 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.


Turkiye Is Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Is Bankasi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Is Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Turkiye Is Bankasi 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)
=2.586/129.4194*129.4194
=2.586

Current CPI (Dec. 2023) = 129.4194.

Turkiye Is Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.389 99.695 1.803
201406 0.208 100.560 0.268
201409 0.356 100.428 0.459
201412 1.797 99.070 2.348
201503 0.964 99.621 1.252
201506 0.238 100.684 0.306
201509 0.173 100.392 0.223
201512 1.865 99.792 2.419
201603 1.008 100.470 1.298
201606 0.283 101.688 0.360
201609 0.202 101.861 0.257
201612 2.460 101.863 3.125
201703 1.324 102.862 1.666
201706 0.349 103.349 0.437
201709 0.225 104.136 0.280
201712 1.392 104.011 1.732
201803 1.535 105.290 1.887
201806 0.287 106.317 0.349
201809 0.321 106.507 0.390
201812 1.558 105.998 1.902
201903 1.860 107.251 2.244
201906 0.308 108.070 0.369
201909 0.296 108.329 0.354
201912 2.334 108.420 2.786
202003 2.186 108.902 2.598
202006 0.647 108.767 0.770
202009 0.504 109.815 0.594
202012 0.432 109.897 0.509
202103 0.469 111.754 0.543
202106 0.427 114.631 0.482
202109 0.479 115.734 0.536
202112 5.959 117.630 6.556
202203 1.029 121.301 1.098
202206 1.379 125.017 1.428
202209 1.568 125.227 1.621
202212 2.155 125.222 2.227
202303 1.844 127.348 1.874
202306 2.610 128.729 2.624
202309 2.336 129.860 2.328
202312 2.586 129.419 2.586

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.


Turkiye Is Bankasi AS  (IST:ISCTR) 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.


Turkiye Is Bankasi AS Cyclically Adjusted PS Ratio Related Terms

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Turkiye Is Bankasi AS (IST:ISCTR) Business Description

Traded in Other Exchanges
Address
Is Kuleleri, Levent, Istanbul, TUR, 34330
Turkiye Is Bankasi AS, or Isbank is a Turkish financial services group with operations in Europe, Asia, and the Middle East. The group provides banking services as well as insurance, pension, asset management, venture capital, investment banking, leasing and factoring, and brokerage and custody, among other services. The bank's strategy emphasizes customer service. The vast majority of its earning assets is in loans. Isbank maintains a particularly strong presence in commercial auto and real estate loans. Its loan profile is diversified but with exposure most notably to production, construction, and wholesale and retail trade.

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