GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ihlas Yayin Holding (IST:IHYAY) » Definitions » Cyclically Adjusted Book per Share

Ihlas Yayin Holding (IST:IHYAY) Cyclically Adjusted Book per Share : ₺0.84 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Ihlas Yayin Holding 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.

Ihlas Yayin Holding's adjusted book value per share for the three months ended in Dec. 2023 was ₺1.581. 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 ₺0.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ihlas Yayin Holding's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Ihlas Yayin Holding was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-06-19), Ihlas Yayin Holding's current stock price is ₺5.04. Ihlas Yayin Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺0.84. Ihlas Yayin Holding's Cyclically Adjusted PB Ratio of today is 6.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ihlas Yayin Holding was 6.00. The lowest was 0.85. And the median was 1.27.


Ihlas Yayin Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ihlas Yayin Holding'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.

Ihlas Yayin Holding Cyclically Adjusted Book per Share Chart

Ihlas Yayin Holding 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 - 0.63 0.68 0.77 0.84

Ihlas Yayin Holding 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 0.77 0.79 0.81 0.83 0.84

Competitive Comparison of Ihlas Yayin Holding's Cyclically Adjusted Book per Share

For the Publishing subindustry, Ihlas Yayin Holding'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.


Ihlas Yayin Holding's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Yayin Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ihlas Yayin Holding's Cyclically Adjusted PB Ratio falls into.



Ihlas Yayin Holding 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, Ihlas Yayin Holding'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)
=1.581/129.4194*129.4194
=1.581

Current CPI (Dec. 2023) = 129.4194.

Ihlas Yayin Holding Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.607 99.695 0.788
201406 0.576 100.560 0.741
201409 0.572 100.428 0.737
201412 0.649 99.070 0.848
201503 0.624 99.621 0.811
201506 0.623 100.684 0.801
201509 0.601 100.392 0.775
201512 0.617 99.792 0.800
201603 0.616 100.470 0.793
201606 0.596 101.688 0.759
201609 0.607 101.861 0.771
201612 0.576 101.863 0.732
201703 0.531 102.862 0.668
201706 0.572 103.349 0.716
201709 0.560 104.136 0.696
201712 0.548 104.011 0.682
201803 0.524 105.290 0.644
201806 0.510 106.317 0.621
201809 0.513 106.507 0.623
201812 0.464 105.998 0.567
201903 0.442 107.251 0.533
201906 0.383 108.070 0.459
201909 0.376 108.329 0.449
201912 0.414 108.420 0.494
202003 0.359 108.902 0.427
202006 0.371 108.767 0.441
202009 0.759 109.815 0.894
202012 0.811 109.897 0.955
202103 0.824 111.754 0.954
202106 0.821 114.631 0.927
202109 0.821 115.734 0.918
202112 0.941 117.630 1.035
202203 0.927 121.301 0.989
202206 0.929 125.017 0.962
202209 0.927 125.227 0.958
202212 2.347 125.222 2.426
202303 1.207 127.348 1.227
202306 1.246 128.729 1.253
202309 1.217 129.860 1.213
202312 1.581 129.419 1.581

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


Ihlas Yayin Holding  (IST:IHYAY) 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.

Ihlas Yayin Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.04/0.84
=6.00

* 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 Ihlas Yayin Holding was 6.00. The lowest was 0.85. And the median was 1.27.


Be Aware

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


Ihlas Yayin Holding Cyclically Adjusted Book per Share Related Terms

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


Ihlas Yayin Holding (IST:IHYAY) Business Description

Traded in Other Exchanges
N/A
Address
ihlas Plaza No: 11 B/31, 34197, Central Mah 29 October Cad, Yenibosna-Bahcelievler, Istanbul, TUR, 34197
Ihlas Yayin Holding is a multimedia holding company. It is engaged in offering services in media sector which include radio programs broadcasting, publishing newspapers and magazines, television, news, and communications.

Ihlas Yayin Holding (IST:IHYAY) Headlines

No Headlines