GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Akenrji Elektrik Uretim AS (IST:AKENR) » Definitions » Cyclically Adjusted Book per Share

Akenrji Elektrik Uretim AS (IST:AKENR) Cyclically Adjusted Book per Share : ₺2.22 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Akenrji Elektrik Uretim 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.

Akenrji Elektrik Uretim AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺18.900. 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 ₺2.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Akenrji Elektrik Uretim AS's average Cyclically Adjusted Book Growth Rate was 51.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Akenrji Elektrik Uretim AS was 19.80% per year. The lowest was -7.20% per year. And the median was 1.40% per year.

As of today (2024-06-09), Akenrji Elektrik Uretim AS's current stock price is ₺15.91. Akenrji Elektrik Uretim AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺2.22. Akenrji Elektrik Uretim AS's Cyclically Adjusted PB Ratio of today is 7.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akenrji Elektrik Uretim AS was 12.46. The lowest was 0.32. And the median was 1.39.


Akenrji Elektrik Uretim AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akenrji Elektrik Uretim 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.

Akenrji Elektrik Uretim AS Cyclically Adjusted Book per Share Chart

Akenrji Elektrik Uretim 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 1.41 1.29 1.20 1.47 2.22

Akenrji Elektrik Uretim 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 1.47 1.64 1.73 1.79 2.22

Competitive Comparison of Akenrji Elektrik Uretim AS's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Akenrji Elektrik Uretim 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.


Akenrji Elektrik Uretim AS's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Akenrji Elektrik Uretim AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Akenrji Elektrik Uretim AS's Cyclically Adjusted PB Ratio falls into.



Akenrji Elektrik Uretim 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, Akenrji Elektrik Uretim 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)
=18.9/129.4194*129.4194
=18.900

Current CPI (Dec. 2023) = 129.4194.

Akenrji Elektrik Uretim AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.024 99.695 1.329
201406 1.025 100.560 1.319
201409 0.852 100.428 1.098
201412 0.697 99.070 0.911
201503 0.450 99.621 0.585
201506 0.456 100.684 0.586
201509 2.143 100.392 2.763
201512 2.242 99.792 2.908
201603 2.322 100.470 2.991
201606 2.210 101.688 2.813
201609 2.012 101.861 2.556
201612 1.509 101.863 1.917
201703 1.306 102.862 1.643
201706 1.279 103.349 1.602
201709 1.105 104.136 1.373
201712 2.562 104.011 3.188
201803 2.274 105.290 2.795
201806 1.662 106.317 2.023
201809 0.307 106.507 0.373
201812 0.632 105.998 0.772
201903 0.293 107.251 0.354
201906 0.135 108.070 0.162
201909 0.051 108.329 0.061
201912 1.318 108.420 1.573
202003 0.858 108.902 1.020
202006 0.618 108.767 0.735
202009 -0.215 109.815 -0.253
202012 -0.176 109.897 -0.207
202103 -0.793 111.754 -0.918
202106 -1.089 114.631 -1.229
202109 -1.136 115.734 -1.270
202112 2.164 117.630 2.381
202203 1.668 121.301 1.780
202206 0.493 125.017 0.510
202209 -0.180 125.227 -0.186
202212 13.631 125.222 14.088
202303 7.680 127.348 7.805
202306 4.534 128.729 4.558
202309 3.253 129.860 3.242
202312 18.900 129.419 18.900

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


Akenrji Elektrik Uretim AS  (IST:AKENR) 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.

Akenrji Elektrik Uretim AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.91/2.22
=7.17

* 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 Akenrji Elektrik Uretim AS was 12.46. The lowest was 0.32. And the median was 1.39.


Be Aware

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


Akenrji Elektrik Uretim AS Cyclically Adjusted Book per Share Related Terms

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


Akenrji Elektrik Uretim AS (IST:AKENR) Business Description

Traded in Other Exchanges
N/A
Address
Miralay ?efik Bey Sokak No:15, Akhan Kat: 3-4, Gümü?suyu, Istanbul, TUR
Akenrji Elektrik Uretim AS is the power generation company. It is principally engaged in the establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers. The company provides energy systems management and optimization; remote reading; and cogeneration and trigeneration.

Akenrji Elektrik Uretim AS (IST:AKENR) Headlines

No Headlines