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Izmir Demir Celiknayi AS (IST:IZMDC) Cyclically Adjusted Book per Share : ₺2.52 (As of Mar. 2025)


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What is Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS's adjusted book value per share for the three months ended in Mar. 2025 was ₺10.816. 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 ₺2.52 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Izmir Demir Celiknayi AS's average Cyclically Adjusted Book Growth Rate was 76.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 65.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 42.10% 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 Izmir Demir Celiknayi AS was 65.70% per year. The lowest was 7.00% per year. And the median was 32.40% per year.

As of today (2025-05-31), Izmir Demir Celiknayi AS's current stock price is ₺4.90. Izmir Demir Celiknayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺2.52. Izmir Demir Celiknayi AS's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Izmir Demir Celiknayi AS was 21.07. The lowest was 1.18. And the median was 4.98.


Izmir Demir Celiknayi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS Cyclically Adjusted Book per Share Chart

Izmir Demir Celiknayi 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 0.37 0.49 0.68 1.14 2.23

Izmir Demir Celiknayi 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 1.43 1.70 1.99 2.23 2.52

Competitive Comparison of Izmir Demir Celiknayi AS's Cyclically Adjusted Book per Share

For the Steel subindustry, Izmir Demir Celiknayi 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.


Izmir Demir Celiknayi AS's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Izmir Demir Celiknayi AS's Cyclically Adjusted PB Ratio falls into.


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Izmir Demir Celiknayi 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, Izmir Demir Celiknayi 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)
=10.816/134.9266*134.9266
=10.816

Current CPI (Mar. 2025) = 134.9266.

Izmir Demir Celiknayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.264 100.684 0.354
201509 0.172 100.392 0.231
201512 0.202 99.792 0.273
201603 0.203 100.470 0.273
201606 0.208 101.688 0.276
201609 0.187 101.861 0.248
201612 0.508 101.863 0.673
201703 0.505 102.862 0.662
201706 0.552 103.349 0.721
201709 0.564 104.136 0.731
201712 0.531 104.011 0.689
201803 0.514 105.290 0.659
201806 0.379 106.317 0.481
201809 0.026 106.507 0.033
201812 0.247 105.998 0.314
201903 0.086 107.251 0.108
201906 0.397 108.070 0.496
201909 0.372 108.329 0.463
201912 0.248 108.420 0.309
202003 0.080 108.902 0.099
202006 -0.127 108.767 -0.158
202009 -0.294 109.815 -0.361
202012 0.335 109.897 0.411
202103 3.378 111.754 4.078
202106 1.045 114.631 1.230
202109 1.078 115.734 1.257
202112 0.519 117.630 0.595
202203 0.629 121.301 0.700
202206 0.635 125.017 0.685
202209 1.123 125.227 1.210
202212 6.291 125.222 6.779
202303 1.949 127.348 2.065
202306 0.873 128.729 0.915
202309 2.276 129.860 2.365
202312 14.773 129.419 15.402
202403 10.998 131.776 11.261
202406 11.262 132.554 11.464
202409 11.610 133.029 11.776
202412 10.189 133.157 10.324
202503 10.816 134.927 10.816

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


Izmir Demir Celiknayi AS  (IST:IZMDC) 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.

Izmir Demir Celiknayi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.90/2.52
=1.94

* 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 Izmir Demir Celiknayi AS was 21.07. The lowest was 1.18. And the median was 4.98.


Be Aware

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


Izmir Demir Celiknayi AS Cyclically Adjusted Book per Share Related Terms

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


Izmir Demir Celiknayi AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

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