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Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IST:IPEKE) Cyclically Adjusted Book per Share : ₺6.15 (As of Sep. 2023)


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What is Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim 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.

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's adjusted book value per share for the three months ended in Sep. 2023 was ₺12.853. 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 ₺6.15 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's average Cyclically Adjusted Book Growth Rate was 22.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.50% 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 Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS was 20.50% per year. The lowest was 16.00% per year. And the median was 18.25% per year.

As of today (2024-05-17), Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's current stock price is ₺38.04. Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₺6.15. Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted PB Ratio of today is 6.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS was 8.87. The lowest was 1.55. And the median was 3.65.


Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim 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.

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS Cyclically Adjusted Book per Share Chart

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim 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 2.70 3.00 3.41 4.21 5.25

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.04 5.25 5.55 5.86 6.15

Competitive Comparison of Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted Book per Share

For the Gold subindustry, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim 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.


Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted PB Ratio falls into.



Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim 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, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=12.853/129.8595*129.8595
=12.853

Current CPI (Sep. 2023) = 129.8595.

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 2.830 98.326 3.738
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 3.069 99.070 4.023
201503 3.124 99.621 4.072
201506 3.116 100.684 4.019
201509 3.196 100.392 4.134
201512 2.944 99.792 3.831
201603 2.653 100.470 3.429
201606 2.729 101.688 3.485
201609 2.865 101.861 3.653
201612 2.989 101.863 3.811
201703 3.185 102.862 4.021
201706 3.390 103.349 4.260
201709 3.533 104.136 4.406
201712 2.697 104.011 3.367
201803 2.741 105.290 3.381
201806 3.044 106.317 3.718
201809 3.434 106.507 4.187
201812 3.617 105.998 4.431
201903 3.811 107.251 4.614
201906 4.303 108.070 5.171
201909 4.759 108.329 5.705
201912 4.322 108.420 5.177
202003 4.613 108.902 5.501
202006 5.014 108.767 5.986
202009 5.456 109.815 6.452
202012 5.694 109.897 6.728
202103 6.384 111.754 7.418
202106 7.149 114.631 8.099
202109 7.555 115.734 8.477
202112 8.236 117.630 9.092
202203 9.036 121.301 9.674
202206 9.519 125.017 9.888
202209 10.604 125.227 10.996
202212 11.403 125.222 11.825
202303 11.139 127.348 11.359
202306 12.634 128.729 12.745
202309 12.853 129.860 12.853

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


Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS  (IST:IPEKE) 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.

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.04/6.15
=6.19

* 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 Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS was 8.87. The lowest was 1.55. And the median was 3.65.


Be Aware

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


Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS Cyclically Adjusted Book per Share Related Terms

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


Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IST:IPEKE) Business Description

Traded in Other Exchanges
N/A
Address
Necatibey Cad. No :56/B, Demirtepe, Ankara, TUR
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS is engaged in the gold mining. It operates seven mines in five regions. The company generates the majority of its revenue from the sale of gold bullion, followed by other revenue and the sale of silver bullion.

Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IST:IPEKE) Headlines

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