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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Cyclically Adjusted PS Ratio : 6.17 (As of May. 19, 2024)


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What is Yapi Ve Kredi Bankasi AS Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Yapi Ve Kredi Bankasi AS's current share price is ₺33.90. Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₺5.49. Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio for today is 6.17.

The historical rank and industry rank for Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:YKBNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.52   Max: 6.29
Current: 6.17

During the past years, Yapi Ve Kredi Bankasi AS's highest Cyclically Adjusted PS Ratio was 6.29. The lowest was 0.82. And the median was 1.52.

IST:YKBNK's Cyclically Adjusted PS Ratio is ranked worse than
90.71% of 1195 companies
in the Banks industry
Industry Median: 2.4 vs IST:YKBNK: 6.17

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.

Yapi Ve Kredi Bankasi AS's adjusted revenue per share data for the three months ended in Mar. 2024 was ₺0.049. 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 ₺5.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yapi Ve Kredi Bankasi AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yapi Ve Kredi 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.

Yapi Ve Kredi Bankasi AS Cyclically Adjusted PS Ratio Chart

Yapi Ve Kredi 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 - 1.33 1.25 3.02 3.60

Yapi Ve Kredi Bankasi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.43 2.97 3.72 3.60 4.98

Competitive Comparison of Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Yapi Ve Kredi 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.


Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Yapi Ve Kredi 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.

Yapi Ve Kredi Bankasi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.90/5.49
=6.17

* 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.

Yapi Ve Kredi Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yapi Ve Kredi Bankasi AS'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)
=0.049/131.7762*131.7762
=0.049

Current CPI (Mar. 2024) = 131.7762.

Yapi Ve Kredi Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.282 98.790 0.376
201312 0.313 98.326 0.419
201403 0.003 99.695 0.004
201409 0.330 100.428 0.433
201412 0.359 99.070 0.478
201503 0.354 99.621 0.468
201512 0.000 99.792 0.000
201603 4.226 100.470 5.543
201606 0.385 101.688 0.499
201609 0.447 101.861 0.578
201612 0.434 101.863 0.561
201703 0.514 102.862 0.658
201706 0.507 103.349 0.646
201709 0.471 104.136 0.596
201712 0.530 104.011 0.671
201803 0.596 105.290 0.746
201806 0.659 106.317 0.817
201809 0.713 106.507 0.882
201812 0.638 105.998 0.793
201903 0.642 107.251 0.789
201906 0.583 108.070 0.711
201909 0.607 108.329 0.738
201912 0.682 108.420 0.829
202003 0.766 108.902 0.927
202006 0.704 108.767 0.853
202009 0.863 109.815 1.036
202012 0.737 109.897 0.884
202103 0.758 111.754 0.894
202106 0.730 114.631 0.839
202109 0.899 115.734 1.024
202112 1.735 117.630 1.944
202203 0.024 121.301 0.026
202206 2.854 125.017 3.008
202209 3.651 125.227 3.842
202212 4.789 125.222 5.040
202303 0.037 127.348 0.038
202306 4.096 128.729 4.193
202309 5.827 129.860 5.913
202312 4.714 129.419 4.800
202403 0.049 131.776 0.049

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.


Yapi Ve Kredi Bankasi AS  (IST:YKBNK) 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.


Yapi Ve Kredi Bankasi AS Cyclically Adjusted PS Ratio Related Terms

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Yapi Ve Kredi Bankasi AS (IST:YKBNK) Business Description

Traded in Other Exchanges
N/A
Address
Yap? Kredi Plaza D Blok Levent, Istanbul, TUR, 34330
Yapi Ve Kredi Bankasi AS is a banking group operating in, and with its credit exposed nearly entirely to Turkey. The company's strategy emphasizes growth, profitability, and customer satisfaction. The Bank carries out its banking operations through two main business units Retail Banking and Corporate and Commercial Banking. The group also has domestic financial subsidiaries in asset management, brokerage, leasing, and factoring. An overwhelming majority of its outstanding shares are held by Koç Group, a largest conglomerate in Turkey. The group's largest contributor to revenue is retail banking, which includes card payment systems, as well as individual and small to midsize enterprise banking.

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