GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Osmanli Yatirim Menkul Degerler AS (IST:OSMEN) » Definitions » Cyclically Adjusted Book per Share

Osmanli Yatirim Menkul Degerler AS (IST:OSMEN) Cyclically Adjusted Book per Share : ₺8.66 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Osmanli Yatirim Menkul Degerler 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.

Osmanli Yatirim Menkul Degerler AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺62.471. 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 ₺8.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Osmanli Yatirim Menkul Degerler AS's average Cyclically Adjusted Book Growth Rate was 93.30% 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.

As of today (2024-06-09), Osmanli Yatirim Menkul Degerler AS's current stock price is ₺258.00. Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺8.66. Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio of today is 29.79.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Osmanli Yatirim Menkul Degerler AS was 43.90. The lowest was 9.07. And the median was 21.25.


Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Osmanli Yatirim Menkul Degerler 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.

Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted Book per Share Chart

Osmanli Yatirim Menkul Degerler 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 - - - 4.48 8.66

Osmanli Yatirim Menkul Degerler 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 4.48 5.17 6.02 7.14 8.66

Competitive Comparison of Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Osmanli Yatirim Menkul Degerler 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.


Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio falls into.



Osmanli Yatirim Menkul Degerler 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, Osmanli Yatirim Menkul Degerler 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)
=62.471/129.4194*129.4194
=62.471

Current CPI (Dec. 2023) = 129.4194.

Osmanli Yatirim Menkul Degerler AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.668 99.695 0.867
201406 0.691 100.560 0.889
201409 0.728 100.428 0.938
201412 0.834 99.070 1.089
201503 0.887 99.621 1.152
201506 1.195 100.684 1.536
201509 1.304 100.392 1.681
201512 1.348 99.792 1.748
201603 1.396 100.470 1.798
201606 1.418 101.688 1.805
201609 1.425 101.861 1.811
201612 1.430 101.863 1.817
201703 1.491 102.862 1.876
201706 1.605 103.349 2.010
201709 1.599 104.136 1.987
201712 1.746 104.011 2.173
201803 1.863 105.290 2.290
201806 1.810 106.317 2.203
201809 1.737 106.507 2.111
201812 1.707 105.998 2.084
201903 1.753 107.251 2.115
201906 1.786 108.070 2.139
201909 1.989 108.329 2.376
201912 2.265 108.420 2.704
202003 2.674 108.902 3.178
202006 3.335 108.767 3.968
202009 4.048 109.815 4.771
202012 5.036 109.897 5.931
202103 6.298 111.754 7.294
202106 6.959 114.631 7.857
202109 7.376 115.734 8.248
202112 8.315 117.630 9.148
202203 9.495 121.301 10.130
202206 11.341 125.017 11.740
202209 13.881 125.227 14.346
202212 39.392 125.222 40.712
202303 27.967 127.348 28.422
202306 36.114 128.729 36.308
202309 48.726 129.860 48.561
202312 62.471 129.419 62.471

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


Osmanli Yatirim Menkul Degerler AS  (IST:OSMEN) 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.

Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=258.00/8.66
=29.79

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Osmanli Yatirim Menkul Degerler AS was 43.90. The lowest was 9.07. And the median was 21.25.


Be Aware

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


Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted Book per Share Related Terms

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


Osmanli Yatirim Menkul Degerler AS (IST:OSMEN) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Caddesi Nurol Plaza, 257 Block B, Floor 8, Maslak, Istanbull, TUR, 34398
Osmanli Yatirim Menkul Degerler AS offers brokerage and investment services. The company also provides portfolio & fund management services, and trading platforms.

Osmanli Yatirim Menkul Degerler AS (IST:OSMEN) Headlines

No Headlines