GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) » Definitions » Shiller PE Ratio

Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Shiller PE Ratio : 11.67 (As of May. 28, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Vakif Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio?

As of today (2024-05-28), Vakif Gayrimenkul Yatirim Ortakligi AS's current share price is ₺2.45. Vakif Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Sep. 2023 was ₺0.21. Vakif Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio for today is 11.67.

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

IST:VKGYO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.22   Med: 10.79   Max: 33.23
Current: 11.06

During the past years, Vakif Gayrimenkul Yatirim Ortakligi AS's highest Shiller PE Ratio was 33.23. The lowest was 4.22. And the median was 10.79.

IST:VKGYO's Shiller PE Ratio is ranked better than
51.91% of 445 companies
in the REITs industry
Industry Median: 11.43 vs IST:VKGYO: 11.06

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.

Vakif Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was ₺0.136. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₺0.21 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vakif Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Historical Data

The historical data trend for Vakif Gayrimenkul Yatirim Ortakligi 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.

Vakif Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Chart

Vakif Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.78 14.62 9.03 15.50

Vakif Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.71 15.50 7.25 7.13 11.93

Competitive Comparison of Vakif Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio

For the REIT - Diversified subindustry, Vakif Gayrimenkul Yatirim Ortakligi 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.


Vakif Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio Distribution in the REITs Industry

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

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



Vakif Gayrimenkul Yatirim Ortakligi 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.

Vakif Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.45/0.21
=11.67

* 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.

Vakif Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Vakif Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.136/129.8595*129.8595
=0.136

Current CPI (Sep. 2023) = 129.8595.

Vakif Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.002 98.326 0.003
201403 0.001 99.695 0.001
201406 0.006 100.560 0.008
201409 0.010 100.428 0.013
201412 0.040 99.070 0.052
201503 0.005 99.621 0.007
201506 0.006 100.684 0.008
201509 0.005 100.392 0.006
201512 0.036 99.792 0.047
201603 0.005 100.470 0.006
201606 0.004 101.688 0.005
201609 0.000 101.861 0.000
201612 0.023 101.863 0.029
201703 0.002 102.862 0.003
201706 0.002 103.349 0.003
201709 0.003 104.136 0.004
201712 0.049 104.011 0.061
201803 -0.001 105.290 -0.001
201806 0.004 106.317 0.005
201809 0.009 106.507 0.011
201812 0.007 105.998 0.009
201903 0.002 107.251 0.002
201906 -0.001 108.070 -0.001
201909 -0.001 108.329 -0.001
201912 0.071 108.420 0.085
202003 0.002 108.902 0.002
202006 0.039 108.767 0.047
202009 0.005 109.815 0.006
202012 0.038 109.897 0.045
202103 0.024 111.754 0.028
202106 0.013 114.631 0.015
202109 0.015 115.734 0.017
202112 0.139 117.630 0.153
202203 0.062 121.301 0.066
202206 0.094 125.017 0.098
202209 0.344 125.227 0.357
202212 0.506 125.222 0.525
202303 0.024 127.348 0.024
202306 0.144 128.729 0.145
202309 0.136 129.860 0.136

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.


Vakif Gayrimenkul Yatirim Ortakligi AS  (IST:VKGYO) 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.


Vakif Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio Related Terms

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


Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Business Description

Traded in Other Exchanges
N/A
Address
Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.

Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Headlines

No Headlines