GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anadolu Efes Biracilik ve Malt Sanayi AS (OTCPK:AEBZY) » Definitions » Cyclically Adjusted Book per Share

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Cyclically Adjusted Book per Share : $0.20 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS's adjusted book value per share for the three months ended in Dec. 2023 was $0.750. 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 $0.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Anadolu Efes Biracilik ve Maltnayi AS's average Cyclically Adjusted Book Growth Rate was 23.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Anadolu Efes Biracilik ve Maltnayi AS was 20.60% per year. The lowest was 13.00% per year. And the median was 16.40% per year.

As of today (2024-05-01), Anadolu Efes Biracilik ve Maltnayi AS's current stock price is $1.18. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.20. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio of today is 5.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anadolu Efes Biracilik ve Maltnayi AS was 6.21. The lowest was 1.11. And the median was 1.54.


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Chart

Anadolu Efes Biracilik ve Maltnayi 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 0.53 0.38 0.32 0.21 0.20

Anadolu Efes Biracilik ve Maltnayi 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 0.21 0.25 0.22 0.18 0.20

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi 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.


Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio falls into.



Anadolu Efes Biracilik ve Maltnayi 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, Anadolu Efes Biracilik ve Maltnayi 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)
=0.75/129.4194*129.4194
=0.750

Current CPI (Dec. 2023) = 129.4194.

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.397 99.695 1.814
201406 1.510 100.560 1.943
201409 1.431 100.428 1.844
201412 1.120 99.070 1.463
201503 1.031 99.621 1.339
201506 1.012 100.684 1.301
201509 0.926 100.392 1.194
201512 0.892 99.792 1.157
201603 0.906 100.470 1.167
201606 0.927 101.688 1.180
201609 0.958 101.861 1.217
201612 0.895 101.863 1.137
201703 0.895 102.862 1.126
201706 0.891 103.349 1.116
201709 0.935 104.136 1.162
201712 0.862 104.011 1.073
201803 0.962 105.290 1.182
201806 0.849 106.317 1.033
201809 0.737 106.507 0.896
201812 0.722 105.998 0.882
201903 0.743 107.251 0.897
201906 0.706 108.070 0.845
201909 0.712 108.329 0.851
201912 0.761 108.420 0.908
202003 0.623 108.902 0.740
202006 0.665 108.767 0.791
202009 0.585 109.815 0.689
202012 0.561 109.897 0.661
202103 0.602 111.754 0.697
202106 0.529 114.631 0.597
202109 0.560 115.734 0.626
202112 0.466 117.630 0.513
202203 0.438 121.301 0.467
202206 0.500 125.017 0.518
202209 0.515 125.227 0.532
202212 0.463 125.222 0.479
202303 0.450 127.348 0.457
202306 0.476 128.729 0.479
202309 0.477 129.860 0.475
202312 0.750 129.419 0.750

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


Anadolu Efes Biracilik ve Maltnayi AS  (OTCPK:AEBZY) 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.

Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.18/0.2
=5.90

* 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 Anadolu Efes Biracilik ve Maltnayi AS was 6.21. The lowest was 1.11. And the median was 1.54.


Be Aware

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


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Headlines