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Osmanli Yatirim Menkul Degerler AS (IST:OSMEN) Cyclically Adjusted PB Ratio : 29.79 (As of Jun. 09, 2024)


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What is Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Osmanli Yatirim Menkul Degerler AS's current share 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 for today is 29.79.

The historical rank and industry rank for Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:OSMEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.07   Med: 21.25   Max: 43.9
Current: 29.8

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

IST:OSMEN's Cyclically Adjusted PB Ratio is ranked worse than
98.97% of 584 companies
in the Capital Markets industry
Industry Median: 1.18 vs IST:OSMEN: 29.80

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Osmanli Yatirim Menkul Degerler AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 14.17 19.67

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 PB Ratio 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 14.17 9.06 17.02 35.22 19.67

Competitive Comparison of Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted PB Ratio for 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.

Osmanli Yatirim Menkul Degerler AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Osmanli Yatirim Menkul Degerler AS  (IST:OSMEN) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Osmanli Yatirim Menkul Degerler AS Cyclically Adjusted PB Ratio Related Terms

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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

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