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Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Cyclically Adjusted PB Ratio : 10.69 (As of Jun. 09, 2024)


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What is Yatas Yatak ve Yorgannayi Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Yatas Yatak ve Yorgannayi Ticaret AS's current share price is ₺37.20. Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₺3.48. Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio for today is 10.69.

The historical rank and industry rank for Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:YATAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.65   Med: 8.91   Max: 15.62
Current: 10.68

During the past years, Yatas Yatak ve Yorgannayi Ticaret AS's highest Cyclically Adjusted PB Ratio was 15.62. The lowest was 5.65. And the median was 8.91.

IST:YATAS's Cyclically Adjusted PB Ratio is ranked worse than
94.82% of 309 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.47 vs IST:YATAS: 10.68

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.

Yatas Yatak ve Yorgannayi Ticaret AS's adjusted book value per share data for the three months ended in Sep. 2023 was ₺9.768. 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 ₺3.48 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yatas Yatak ve Yorgannayi Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yatas Yatak ve Yorgannayi Ticaret 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.

Yatas Yatak ve Yorgannayi Ticaret AS Cyclically Adjusted PB Ratio Chart

Yatas Yatak ve Yorgannayi Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.04 6.21 12.78

Yatas Yatak ve Yorgannayi Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.10 12.78 12.05 9.82 11.18

Competitive Comparison of Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Yatas Yatak ve Yorgannayi 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.


Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Yatas Yatak ve Yorgannayi Ticaret 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.

Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.20/3.48
=10.69

* 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.

Yatas Yatak ve Yorgannayi Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Yatas Yatak ve Yorgannayi Ticaret AS's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=9.768/129.8595*129.8595
=9.768

Current CPI (Sep. 2023) = 129.8595.

Yatas Yatak ve Yorgannayi Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.500 98.326 0.660
201403 0.490 99.695 0.638
201406 0.517 100.560 0.668
201409 0.538 100.428 0.696
201412 0.547 99.070 0.717
201503 0.554 99.621 0.722
201506 0.575 100.684 0.742
201509 0.580 100.392 0.750
201512 0.601 99.792 0.782
201603 0.617 100.470 0.797
201606 0.644 101.688 0.822
201609 0.680 101.861 0.867
201612 0.714 101.863 0.910
201703 0.758 102.862 0.957
201706 0.857 103.349 1.077
201709 0.982 104.136 1.225
201712 1.570 104.011 1.960
201803 1.642 105.290 2.025
201806 1.739 106.317 2.124
201809 1.879 106.507 2.291
201812 2.106 105.998 2.580
201903 2.201 107.251 2.665
201906 2.386 108.070 2.867
201909 2.557 108.329 3.065
201912 2.675 108.420 3.204
202003 2.789 108.902 3.326
202006 2.839 108.767 3.390
202009 3.288 109.815 3.888
202012 3.667 109.897 4.333
202103 4.002 111.754 4.650
202106 4.242 114.631 4.806
202109 4.640 115.734 5.206
202112 7.002 117.630 7.730
202203 7.304 121.301 7.819
202206 8.158 125.017 8.474
202209 8.477 125.227 8.791
202212 9.373 125.222 9.720
202303 10.010 127.348 10.207
202306 11.278 128.729 11.377
202309 9.768 129.860 9.768

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.


Yatas Yatak ve Yorgannayi Ticaret AS  (IST:YATAS) 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.


Yatas Yatak ve Yorgannayi Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Business Description

Traded in Other Exchanges
N/A
Address
Cumhuriyet Mah. Kartal Cad. No: 31, Yakac?k, Istanbul, TUR, 38070
Yatas Yatak ve Yorgan Sanayi Ticaret AS is engaged in the business of manufacturing bedding products, textile accessories, bathroom clothing and accessories, among others.

Yatas Yatak ve Yorgannayi Ticaret AS (IST:YATAS) Headlines

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