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Yesil Yatirim Holding AS (IST:YESIL) Cyclically Adjusted Book per Share : ₺1.34 (As of Dec. 2023)


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What is Yesil 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.

Yesil Yatirim Holding AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺3.020. 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 ₺1.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yesil Yatirim Holding AS's average Cyclically Adjusted Book Growth Rate was 21.80% 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 (2024-06-04), Yesil Yatirim Holding AS's current stock price is ₺4.70. Yesil Yatirim Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺1.34. Yesil Yatirim Holding AS's Cyclically Adjusted PB Ratio of today is 3.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yesil Yatirim Holding AS was 6.00. The lowest was 2.57. And the median was 3.55.


Yesil Yatirim Holding AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yesil 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.

Yesil Yatirim Holding AS Cyclically Adjusted Book per Share Chart

Yesil 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 - - 0.82 1.10 1.34

Yesil 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 1.10 1.17 1.20 1.26 1.34

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

For the Asset Management subindustry, Yesil 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.


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

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

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



Yesil 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, Yesil 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)
=3.02/129.4194*129.4194
=3.020

Current CPI (Dec. 2023) = 129.4194.

Yesil Yatirim Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.029 98.326 0.038
201403 0.028 99.695 0.036
201406 0.029 100.560 0.037
201409 0.027 100.428 0.035
201412 0.034 99.070 0.044
201503 0.028 99.621 0.036
201506 0.029 100.684 0.037
201509 0.000 100.392 0.000
201512 0.037 99.792 0.048
201603 0.036 100.470 0.046
201606 0.035 101.688 0.045
201609 0.039 101.861 0.050
201612 0.289 101.863 0.367
201703 0.294 102.862 0.370
201706 0.372 103.349 0.466
201709 0.369 104.136 0.459
201712 1.666 104.011 2.073
201806 1.675 106.317 2.039
201809 0.000 106.507 0.000
201812 1.288 105.998 1.573
201903 0.000 107.251 0.000
201906 1.286 108.070 1.540
201909 1.286 108.329 1.536
201912 1.637 108.420 1.954
202003 1.637 108.902 1.945
202006 1.634 108.767 1.944
202009 1.629 109.815 1.920
202012 1.783 109.897 2.100
202103 1.782 111.754 2.064
202106 2.220 114.631 2.506
202109 2.326 115.734 2.601
202112 2.281 117.630 2.510
202203 2.280 121.301 2.433
202206 2.278 125.017 2.358
202209 2.277 125.227 2.353
202212 3.118 125.222 3.223
202303 1.894 127.348 1.925
202306 1.870 128.729 1.880
202309 1.858 129.860 1.852
202312 3.020 129.419 3.020

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


Yesil Yatirim Holding AS  (IST:YESIL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.70/1.34
=3.51

* 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 Yesil Yatirim Holding AS was 6.00. The lowest was 2.57. And the median was 3.55.


Be Aware

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


Yesil Yatirim Holding AS Cyclically Adjusted Book per Share Related Terms

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


Yesil Yatirim Holding AS (IST:YESIL) Business Description

Traded in Other Exchanges
N/A
Address
Yilanli Ayazma Yolu No: 15, 12th Floor, Green Plaza Topkapi, Istanbul, TUR, 34149
Yesil Yatirim Holding AS is engaged in investment and portfolio management of capital market instruments traded on the domestic and international stock exchanges. The company's portfolio includes public and private stocks, and government bonds.

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