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Edip Gayrimenkul Yatirimnayi ve Ticaret AS (IST:EDIP) Cyclically Adjusted Book per Share : ₺4.52 (As of Dec. 2023)


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What is Edip Gayrimenkul Yatirimnayi ve Ticaret 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.

Edip Gayrimenkul Yatirimnayi ve Ticaret AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺40.147. 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 ₺4.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Edip Gayrimenkul Yatirimnayi ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 49.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% 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 Edip Gayrimenkul Yatirimnayi ve Ticaret AS was 16.30% per year. The lowest was 16.30% per year. And the median was 16.30% per year.

As of today (2024-05-26), Edip Gayrimenkul Yatirimnayi ve Ticaret AS's current stock price is ₺23.82. Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺4.52. Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 5.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Edip Gayrimenkul Yatirimnayi ve Ticaret AS was 7.71. The lowest was 0.73. And the median was 1.30.


Edip Gayrimenkul Yatirimnayi ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Edip Gayrimenkul Yatirimnayi ve Ticaret 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.

Edip Gayrimenkul Yatirimnayi ve Ticaret AS Cyclically Adjusted Book per Share Chart

Edip Gayrimenkul Yatirimnayi ve Ticaret 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 - 2.87 2.87 3.03 4.52

Edip Gayrimenkul Yatirimnayi ve Ticaret 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 3.03 3.21 3.41 3.63 4.52

Competitive Comparison of Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Edip Gayrimenkul Yatirimnayi ve Ticaret 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.


Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Edip Gayrimenkul Yatirimnayi ve Ticaret 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, Edip Gayrimenkul Yatirimnayi ve Ticaret 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)
=40.147/129.4194*129.4194
=40.147

Current CPI (Dec. 2023) = 129.4194.

Edip Gayrimenkul Yatirimnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.772 99.695 3.598
201406 2.902 100.560 3.735
201409 2.916 100.428 3.758
201412 3.414 99.070 4.460
201503 3.395 99.621 4.411
201506 3.238 100.684 4.162
201509 2.839 100.392 3.660
201512 3.713 99.792 4.815
201603 3.718 100.470 4.789
201606 3.731 101.688 4.748
201609 3.596 101.861 4.569
201612 3.715 101.863 4.720
201703 3.542 102.862 4.456
201706 3.408 103.349 4.268
201709 3.464 104.136 4.305
201712 3.531 104.011 4.394
201803 3.218 105.290 3.955
201806 2.805 106.317 3.415
201809 1.273 106.507 1.547
201812 3.778 105.998 4.613
201903 3.521 107.251 4.249
201906 3.310 108.070 3.964
201909 3.661 108.329 4.374
201912 4.223 108.420 5.041
202003 3.687 108.902 4.382
202006 3.111 108.767 3.702
202009 1.709 109.815 2.014
202012 1.118 109.897 1.317
202103 0.415 111.754 0.481
202106 -0.291 114.631 -0.329
202109 -0.113 115.734 -0.126
202112 -1.669 117.630 -1.836
202203 -2.817 121.301 -3.006
202206 -4.731 125.017 -4.898
202209 4.645 125.227 4.801
202212 11.525 125.222 11.911
202303 6.599 127.348 6.706
202306 7.675 128.729 7.716
202309 8.020 129.860 7.993
202312 40.147 129.419 40.147

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


Edip Gayrimenkul Yatirimnayi ve Ticaret AS  (IST:EDIP) 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.

Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.82/4.52
=5.27

* 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 Edip Gayrimenkul Yatirimnayi ve Ticaret AS was 7.71. The lowest was 0.73. And the median was 1.30.


Be Aware

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


Edip Gayrimenkul Yatirimnayi ve Ticaret AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Edip Gayrimenkul Yatirimnayi ve Ticaret AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Edip Gayrimenkul Yatirimnayi ve Ticaret AS (IST:EDIP) Business Description

Traded in Other Exchanges
N/A
Address
Mahmutbey Merkez Mah., Tasocagi Cad Number 5, Bagcilar, Istanbul, TUR
Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS is engaged in real estate investment, construction & development activities in Istanbul. The company's investment comprises 212 Instanbul Outlet, My Office 212, Otel 212 and Luleburgaz Tesisleri.

Edip Gayrimenkul Yatirimnayi ve Ticaret AS (IST:EDIP) Headlines

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