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Atlantis Yatirim Holding AS (IST:ATSYH) Cyclically Adjusted Book per Share : ₺0.74 (As of Mar. 2023)


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What is Atlantis Yatirim Holding 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.

Atlantis Yatirim Holding AS's adjusted book value per share for the three months ended in Mar. 2023 was ₺2.057. 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 ₺0.74 for the trailing ten years ended in Mar. 2023.

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.

As of today (2024-06-23), Atlantis Yatirim Holding AS's current stock price is ₺45.54. Atlantis Yatirim Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was ₺0.74. Atlantis Yatirim Holding AS's Cyclically Adjusted PB Ratio of today is 61.54.


Atlantis Yatirim Holding AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlantis Yatirim Holding 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.

Atlantis Yatirim Holding AS Cyclically Adjusted Book per Share Chart

Atlantis Yatirim Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.67 0.68 0.71

Atlantis Yatirim Holding AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.69 0.69 0.70 0.71 0.74

Competitive Comparison of Atlantis Yatirim Holding AS's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Atlantis Yatirim Holding 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.


Atlantis Yatirim Holding AS's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Atlantis Yatirim Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlantis Yatirim Holding AS's Cyclically Adjusted PB Ratio falls into.



Atlantis Yatirim Holding 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, Atlantis Yatirim Holding AS's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=2.057/127.3478*127.3478
=2.057

Current CPI (Mar. 2023) = 127.3478.

Atlantis Yatirim Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.903 98.518 1.167
201309 0.982 98.790 1.266
201312 1.191 98.326 1.543
201403 1.159 99.695 1.480
201406 1.010 100.560 1.279
201409 0.834 100.428 1.058
201412 0.656 99.070 0.843
201503 0.639 99.621 0.817
201506 0.549 100.684 0.694
201509 0.550 100.392 0.698
201512 0.301 99.792 0.384
201603 0.511 100.470 0.648
201606 0.486 101.688 0.609
201609 0.478 101.861 0.598
201612 0.272 101.863 0.340
201703 0.867 102.862 1.073
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.252 104.011 0.309
201803 0.320 105.290 0.387
201806 0.218 106.317 0.261
201809 0.294 106.507 0.352
201812 0.234 105.998 0.281
201903 0.594 107.251 0.705
201906 0.288 108.070 0.339
201909 0.291 108.329 0.342
201912 0.296 108.420 0.348
202003 0.317 108.902 0.371
202006 0.295 108.767 0.345
202009 0.292 109.815 0.339
202012 0.412 109.897 0.477
202103 0.352 111.754 0.401
202106 0.431 114.631 0.479
202109 0.000 115.734 0.000
202112 0.560 117.630 0.606
202203 0.573 121.301 0.602
202206 0.628 125.017 0.640
202209 1.339 125.227 1.362
202212 1.883 125.222 1.915
202303 2.057 127.348 2.057

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


Atlantis Yatirim Holding AS  (IST:ATSYH) 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.

Atlantis Yatirim Holding AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.54/0.74
=61.54

* 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.


Be Aware

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


Atlantis Yatirim Holding AS Cyclically Adjusted Book per Share Related Terms

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


Atlantis Yatirim Holding AS (IST:ATSYH) Business Description

Traded in Other Exchanges
N/A
Address
Caddebostan Quarter Notary Street Taskin, Apartment Building Number 16/2, Kadikoy, Istanbul, TUR
Atlantis Yatirim Holding AS is a portfolio management company. The company provides financial and management services to companies.

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