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Ayen Enerji AS (IST:AYEN) Cyclically Adjusted Book per Share : ₺12.87 (As of Mar. 2025)


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What is Ayen Enerji 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.

Ayen Enerji AS's adjusted book value per share for the three months ended in Mar. 2025 was ₺51.181. 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 ₺12.87 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ayen Enerji AS's average Cyclically Adjusted Book Growth Rate was 60.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 80.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 55.90% 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 Ayen Enerji AS was 80.20% per year. The lowest was 40.60% per year. And the median was 62.30% per year.

As of today (2025-05-30), Ayen Enerji AS's current stock price is ₺23.94. Ayen Enerji AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺12.87. Ayen Enerji AS's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ayen Enerji AS was 16.17. The lowest was 1.44. And the median was 3.75.


Ayen Enerji AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ayen Enerji 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.

Ayen Enerji AS Cyclically Adjusted Book per Share Chart

Ayen Enerji AS 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 1.58 1.95 3.89 6.75 11.41

Ayen Enerji AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.03 9.05 10.22 11.41 12.87

Competitive Comparison of Ayen Enerji AS's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Ayen Enerji 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.


Ayen Enerji AS's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ayen Enerji AS's Cyclically Adjusted PB Ratio falls into.


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Ayen Enerji 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, Ayen Enerji AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=51.181/134.9266*134.9266
=51.181

Current CPI (Mar. 2025) = 134.9266.

Ayen Enerji AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.113 100.684 1.492
201509 0.968 100.392 1.301
201512 1.012 99.792 1.368
201603 1.018 100.470 1.367
201606 1.109 101.688 1.471
201609 1.059 101.861 1.403
201612 1.004 101.863 1.330
201703 0.940 102.862 1.233
201706 1.091 103.349 1.424
201709 0.000 104.136 0.000
201712 1.653 104.011 2.144
201803 0.000 105.290 0.000
201806 2.152 106.317 2.731
201809 2.283 106.507 2.892
201812 2.150 105.998 2.737
201903 2.156 107.251 2.712
201906 2.525 108.070 3.153
201909 2.344 108.329 2.920
201912 2.474 108.420 3.079
202003 2.204 108.902 2.731
202006 2.582 108.767 3.203
202009 2.886 109.815 3.546
202012 2.844 109.897 3.492
202103 3.134 111.754 3.784
202106 3.434 114.631 4.042
202109 3.602 115.734 4.199
202112 5.946 117.630 6.820
202203 7.201 121.301 8.010
202206 8.981 125.017 9.693
202209 11.785 125.227 12.698
202212 45.689 125.222 49.230
202303 15.401 127.348 16.318
202306 20.416 128.729 21.399
202309 20.914 129.860 21.730
202312 52.332 129.419 54.559
202403 45.452 131.776 46.539
202406 38.329 132.554 39.015
202409 44.697 133.029 45.335
202412 46.020 133.157 46.632
202503 51.181 134.927 51.181

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


Ayen Enerji AS  (IST:AYEN) 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.

Ayen Enerji AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.94/12.87
=1.86

* 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 Ayen Enerji AS was 16.17. The lowest was 1.44. And the median was 3.75.


Be Aware

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


Ayen Enerji AS Cyclically Adjusted Book per Share Related Terms

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


Ayen Enerji AS Business Description

Traded in Other Exchanges
N/A
Address
Hulya Sokak No: 37, Gaziosmanpasa, Ankara, TUR, 06700
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.

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