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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Cyclically Adjusted Book per Share : ₺3.66 (As of Jun. 2023)


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What is Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's adjusted book value per share for the three months ended in Jun. 2023 was ₺9.191. 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 ₺3.66 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2024-05-27), Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's current stock price is ₺100.00. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was ₺3.66. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted PB Ratio of today is 27.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS was 27.32. The lowest was 5.15. And the median was 7.95.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Cyclically Adjusted Book per Share Chart

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.04 3.21 -

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.51 3.21 3.41 3.66 -

Competitive Comparison of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted PB Ratio falls into.



Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut 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, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=9.191/128.7287*128.7287
=9.191

Current CPI (Jun. 2023) = 128.7287.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data

Book Value per Share CPI Adj_Book
201203 1.022 96.783 1.359
201206 1.064 96.819 1.415
201209 1.074 97.633 1.416
201212 1.100 96.871 1.462
201303 1.143 98.209 1.498
201306 1.679 98.518 2.194
201309 1.654 98.790 2.155
201312 1.655 98.326 2.167
201403 1.679 99.695 2.168
201406 1.661 100.560 2.126
201409 1.660 100.428 2.128
201412 1.652 99.070 2.147
201503 1.650 99.621 2.132
201506 1.713 100.684 2.190
201509 1.706 100.392 2.188
201512 1.768 99.792 2.281
201603 1.862 100.470 2.386
201606 1.815 101.688 2.298
201609 1.868 101.861 2.361
201612 1.830 101.863 2.313
201703 1.906 102.862 2.385
201706 1.872 103.349 2.332
201709 1.764 104.136 2.181
201712 1.795 104.011 2.222
201803 1.846 105.290 2.257
201806 1.854 106.317 2.245
201809 1.809 106.507 2.186
201812 1.922 105.998 2.334
202009 0.000 109.815 0.000
202012 2.855 109.897 3.344
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 4.402 115.734 4.896
202112 5.067 117.630 5.545
202203 5.314 121.301 5.639
202206 5.582 125.017 5.748
202209 5.259 125.227 5.406
202212 27.499 125.222 28.269
202303 8.791 127.348 8.886
202306 9.191 128.729 9.191

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


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS  (IST:LKMNH) 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=100.00/3.66
=27.32

* 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 Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS was 27.32. The lowest was 5.15. And the median was 7.95.


Be Aware

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


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Business Description

Traded in Other Exchanges
N/A
Address
General Doktor Tevfik Sa?lam Caddesi No: 119 Etlik-Keçiören, Ankara, TUR, 06010
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS is engaged in operation of hospitals. Its activities include emergency service, neurosurgery, dietetic, gynecology, rehabilitation, urology, orthopedics and cardiology services.

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