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Arena Bilgisayarnayi Ve Ticaret AS (IST:ARENA) Cyclically Adjusted Book per Share : ₺6.32 (As of Jun. 2024)


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What is Arena Bilgisayarnayi Ve Ticaret 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.

Arena Bilgisayarnayi Ve Ticaret AS's adjusted book value per share for the three months ended in Jun. 2024 was ₺12.575. 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 ₺6.32 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Arena Bilgisayarnayi Ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 27.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% 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 Arena Bilgisayarnayi Ve Ticaret AS was 16.10% per year. The lowest was 8.60% per year. And the median was 12.35% per year.

As of today (2024-09-25), Arena Bilgisayarnayi Ve Ticaret AS's current stock price is ₺33.30. Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₺6.32. Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 5.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arena Bilgisayarnayi Ve Ticaret AS was 9.73. The lowest was 0.30. And the median was 3.48.


Arena Bilgisayarnayi Ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arena Bilgisayarnayi Ve Ticaret 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.

Arena Bilgisayarnayi Ve Ticaret AS Cyclically Adjusted Book per Share Chart

Arena Bilgisayarnayi Ve Ticaret 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 3.37 3.56 3.78 4.32 5.57

Arena Bilgisayarnayi Ve Ticaret AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.94 5.25 5.57 6.01 6.32

Competitive Comparison of Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Arena Bilgisayarnayi Ve 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.


Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Arena Bilgisayarnayi Ve Ticaret 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, Arena Bilgisayarnayi Ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=12.575/132.5538*132.5538
=12.575

Current CPI (Jun. 2024) = 132.5538.

Arena Bilgisayarnayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.446 100.428 1.909
201412 1.555 99.070 2.081
201503 1.692 99.621 2.251
201506 1.750 100.684 2.304
201509 1.987 100.392 2.624
201512 1.998 99.792 2.654
201603 1.968 100.470 2.596
201606 2.045 101.688 2.666
201609 2.127 101.861 2.768
201612 2.530 101.863 3.292
201703 2.601 102.862 3.352
201706 2.513 103.349 3.223
201709 2.571 104.136 3.273
201712 2.708 104.011 3.451
201803 2.832 105.290 3.565
201806 3.223 106.317 4.018
201809 4.013 106.507 4.994
201812 3.685 105.998 4.608
201903 3.986 107.251 4.926
201906 4.104 108.070 5.034
201909 4.092 108.329 5.007
201912 4.455 108.420 5.447
202003 4.851 108.902 5.905
202006 5.187 108.767 6.321
202009 5.890 109.815 7.110
202012 5.838 109.897 7.042
202103 6.242 111.754 7.404
202106 6.505 114.631 7.522
202109 6.598 115.734 7.557
202112 8.145 117.630 9.178
202203 8.520 121.301 9.310
202206 8.957 125.017 9.497
202209 9.332 125.227 9.878
202212 9.841 125.222 10.417
202303 10.538 127.348 10.969
202306 12.219 128.729 12.582
202309 12.160 129.860 12.412
202312 15.064 129.419 15.429
202403 15.543 131.776 15.635
202406 12.575 132.554 12.575

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


Arena Bilgisayarnayi Ve Ticaret AS  (IST:ARENA) 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.

Arena Bilgisayarnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.30/6.32
=5.27

* 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 Arena Bilgisayarnayi Ve Ticaret AS was 9.73. The lowest was 0.30. And the median was 3.48.


Be Aware

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


Arena Bilgisayarnayi Ve Ticaret AS Cyclically Adjusted Book per Share Related Terms

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


Arena Bilgisayarnayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi, Gokturk Caddesi No.4, Gokturk, Eyup, Istanbul, TUR, 34077
Arena Bilgisayar Sanayi Ve Ticaret AS is a Turkey-based company. It is engaged in the wholesale of personal computers, peripherals, consumer electronics, and telecommunication devices. The company's products are used in telecommunication, consumer electronics, retailing and e-tailing, and information technology industries.

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