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Dagi Yatirim Holding AS (IST:DAGHL) Cyclically Adjusted Book per Share : ₺0.97 (As of Dec. 2023)


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What is Dagi Yatirim Holding AS Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Dagi Yatirim Holding AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺1.006. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₺0.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dagi Yatirim Holding AS's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dagi Yatirim Holding AS was 14.30% per year. The lowest was 14.30% per year. And the median was 14.30% per year.

As of today (2024-06-14), Dagi Yatirim Holding AS's current stock price is ₺18.11. Dagi Yatirim Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺0.97. Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio of today is 18.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dagi Yatirim Holding AS was 23.26. The lowest was 3.44. And the median was 9.94.


Dagi Yatirim Holding AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dagi Yatirim Holding AS's Cyclically Adjusted Book per Share 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.

Dagi Yatirim Holding AS Cyclically Adjusted Book per Share Chart

Dagi Yatirim Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.65 0.76 0.90 0.97

Dagi Yatirim Holding 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 Book per Share 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 0.90 0.92 0.94 0.96 0.97

Competitive Comparison of Dagi Yatirim Holding AS's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio falls into.



Dagi Yatirim Holding AS Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Dagi Yatirim Holding AS's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.006/129.4194*129.4194
=1.006

Current CPI (Dec. 2023) = 129.4194.

Dagi Yatirim Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.504 99.695 0.654
201406 0.360 100.560 0.463
201409 0.564 100.428 0.727
201412 0.559 99.070 0.730
201503 0.555 99.621 0.721
201506 0.556 100.684 0.715
201509 0.555 100.392 0.715
201512 0.573 99.792 0.743
201603 0.572 100.470 0.737
201606 0.651 101.688 0.829
201609 0.731 101.861 0.929
201612 0.713 101.863 0.906
201703 0.716 102.862 0.901
201706 0.650 103.349 0.814
201709 0.711 104.136 0.884
201712 0.676 104.011 0.841
201803 0.678 105.290 0.833
201806 0.651 106.317 0.792
201809 0.576 106.507 0.700
201812 0.612 105.998 0.747
201903 0.602 107.251 0.726
201906 0.599 108.070 0.717
201909 0.604 108.329 0.722
201912 0.618 108.420 0.738
202003 0.597 108.902 0.709
202006 0.669 108.767 0.796
202009 0.686 109.815 0.808
202012 0.911 109.897 1.073
202103 1.420 111.754 1.644
202106 1.029 114.631 1.162
202109 0.993 115.734 1.110
202112 1.705 117.630 1.876
202203 1.677 121.301 1.789
202206 1.918 125.017 1.986
202209 0.467 125.227 0.483
202212 2.618 125.222 2.706
202303 1.204 127.348 1.224
202306 0.722 128.729 0.726
202309 1.313 129.860 1.309
202312 1.006 129.419 1.006

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Dagi Yatirim Holding AS  (IST:DAGHL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Dagi Yatirim Holding AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.11/0.97
=18.67

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dagi Yatirim Holding AS was 23.26. The lowest was 3.44. And the median was 9.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dagi Yatirim Holding AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Dagi Yatirim Holding AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dagi Yatirim Holding AS (IST:DAGHL) Business Description

Traded in Other Exchanges
N/A
Address
Birahane Sok. Koc, Plaza No: 3 Floor: 4/5, Bomonti, Sisli, Istanbul, TUR
Dagi Yatirim Holding AS is an asset management company in Istanbul.

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