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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Cyclically Adjusted Book per Share : ₺1.91 (As of Dec. 2024)


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What is Akfen Gayrimenkul Yatirim Ortakligi 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.

Akfen Gayrimenkul Yatirim Ortakligi's adjusted book value per share for the three months ended in Dec. 2024 was ₺5.945. 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 ₺1.91 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Akfen Gayrimenkul Yatirim Ortakligi's average Cyclically Adjusted Book Growth Rate was 31.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.20% 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 Akfen Gayrimenkul Yatirim Ortakligi was 30.50% per year. The lowest was 11.70% per year. And the median was 21.90% per year.

As of today (2025-05-17), Akfen Gayrimenkul Yatirim Ortakligi's current stock price is ₺2.22. Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₺1.91. Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akfen Gayrimenkul Yatirim Ortakligi was 5.13. The lowest was 0.43. And the median was 1.29.


Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi'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.

Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted Book per Share Chart

Akfen Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.86 1.10 1.45 1.91

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.45 1.56 1.67 1.79 1.91

Competitive Comparison of Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted Book per Share

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi'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.


Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PB Ratio falls into.


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Akfen Gayrimenkul Yatirim Ortakligi 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, Akfen Gayrimenkul Yatirim Ortakligi's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=5.945/133.1571*133.1571
=5.945

Current CPI (Dec. 2024) = 133.1571.

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.842 99.621 1.125
201506 0.845 100.684 1.118
201509 0.760 100.392 1.008
201512 0.778 99.792 1.038
201603 0.782 100.470 1.036
201606 0.798 101.688 1.045
201609 0.783 101.861 1.024
201612 0.555 101.863 0.726
201703 0.544 102.862 0.704
201706 0.510 103.349 0.657
201709 0.483 104.136 0.618
201712 0.610 104.011 0.781
201803 0.580 105.290 0.734
201806 0.504 106.317 0.631
201809 0.316 106.507 0.395
201812 0.747 105.998 0.938
201903 0.751 107.251 0.932
201906 0.794 108.070 0.978
201909 0.843 108.329 1.036
201912 0.974 108.420 1.196
202003 0.809 108.902 0.989
202006 0.761 108.767 0.932
202009 0.503 109.815 0.610
202012 0.723 109.897 0.876
202103 0.797 111.754 0.950
202106 0.808 114.631 0.939
202109 0.799 115.734 0.919
202112 1.652 117.630 1.870
202203 1.636 121.301 1.796
202206 2.308 125.017 2.458
202209 2.346 125.227 2.495
202212 4.909 125.222 5.220
202303 2.868 127.348 2.999
202306 3.915 128.729 4.050
202309 3.887 129.860 3.986
202312 5.811 129.419 5.979
202403 4.655 131.776 4.704
202406 5.278 132.554 5.302
202409 5.712 133.029 5.718
202412 5.945 133.157 5.945

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


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) 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.

Akfen Gayrimenkul Yatirim Ortakligi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.22/1.91
=1.16

* 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 Akfen Gayrimenkul Yatirim Ortakligi was 5.13. The lowest was 0.43. And the median was 1.29.


Be Aware

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


Akfen Gayrimenkul Yatirim Ortakligi Cyclically Adjusted Book per Share Related Terms

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


Akfen Gayrimenkul Yatirim Ortakligi Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Buyukdere Caddesi No. 201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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