GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) » Definitions » Shiller PE Ratio

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Shiller PE Ratio : 69.74 (As of May. 23, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Akmerkez Gayrimenkul Yatirim Ort AS Shiller PE Ratio?

As of today (2024-05-23), Akmerkez Gayrimenkul Yatirim Ort AS's current share price is ₺318.00. Akmerkez Gayrimenkul Yatirim Ort AS's E10 for the quarter that ended in Dec. 2023 was ₺4.56. Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio for today is 69.74.

The historical rank and industry rank for Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio or its related term are showing as below:

IST:AKMGY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.88   Med: 19.13   Max: 79.61
Current: 69.72

During the past years, Akmerkez Gayrimenkul Yatirim Ort AS's highest Shiller PE Ratio was 79.61. The lowest was 7.88. And the median was 19.13.

IST:AKMGY's Shiller PE Ratio is ranked worse than
96.4% of 445 companies
in the REITs industry
Industry Median: 11.5 vs IST:AKMGY: 69.72

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.

Akmerkez Gayrimenkul Yatirim Ort AS's adjusted earnings per share data for the three months ended in Dec. 2023 was ₺7.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₺4.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akmerkez Gayrimenkul Yatirim Ort AS Shiller PE Ratio Historical Data

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE 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.

Akmerkez Gayrimenkul Yatirim Ort AS Shiller PE Ratio Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.74 33.37 11.70 24.58 28.26

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 24.58 20.58 21.53 34.43 28.26

Competitive Comparison of Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio falls into.



Akmerkez Gayrimenkul Yatirim Ort AS Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=318.00/4.56
=69.74

* 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.

Akmerkez Gayrimenkul Yatirim Ort AS's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Akmerkez Gayrimenkul Yatirim Ort AS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.05/129.4194*129.4194
=7.050

Current CPI (Dec. 2023) = 129.4194.

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.450 99.695 0.584
201406 0.460 100.560 0.592
201409 0.460 100.428 0.593
201412 0.390 99.070 0.509
201503 0.480 99.621 0.624
201506 0.500 100.684 0.643
201509 0.520 100.392 0.670
201512 0.460 99.792 0.597
201603 0.480 100.470 0.618
201606 0.620 101.688 0.789
201609 0.490 101.861 0.623
201612 0.500 101.863 0.635
201703 0.510 102.862 0.642
201706 0.530 103.349 0.664
201709 0.490 104.136 0.609
201712 0.560 104.011 0.697
201803 0.550 105.290 0.676
201806 0.600 106.317 0.730
201809 0.640 106.507 0.778
201812 0.600 105.998 0.733
201903 0.580 107.251 0.700
201906 0.500 108.070 0.599
201909 0.500 108.329 0.597
201912 0.610 108.420 0.728
202003 0.550 108.902 0.654
202006 0.060 108.767 0.071
202009 0.500 109.815 0.589
202012 0.410 109.897 0.483
202103 0.510 111.754 0.591
202106 0.400 114.631 0.452
202109 0.630 115.734 0.704
202112 15.880 117.630 17.472
202203 1.030 121.301 1.099
202206 1.150 125.017 1.190
202209 1.160 125.227 1.199
202212 -7.630 125.222 -7.886
202303 1.700 127.348 1.728
202306 2.420 128.729 2.433
202309 2.160 129.860 2.153
202312 7.050 129.419 7.050

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Akmerkez Gayrimenkul Yatirim Ort AS  (IST:AKMGY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Akmerkez Gayrimenkul Yatirim Ort AS Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Akmerkez Gayrimenkul Yatirim Ort AS's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Business Description

Traded in Other Exchanges
N/A
Address
Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR
Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Headlines

No Headlines