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Kiler Gayrimenkul Yatirim Ortakligi AS (IST:KLGYO) Cyclically Adjusted Book per Share : ₺2.88 (As of Jun. 2024)


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What is Kiler Gayrimenkul Yatirim Ortakligi 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.

Kiler Gayrimenkul Yatirim Ortakligi AS's adjusted book value per share for the three months ended in Jun. 2024 was ₺11.100. 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 ₺2.88 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Kiler Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted Book Growth Rate was 44.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.40% 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 Kiler Gayrimenkul Yatirim Ortakligi AS was 26.40% per year. The lowest was 17.10% per year. And the median was 21.75% per year.

As of today (2024-09-20), Kiler Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺4.39. Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₺2.88. Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kiler Gayrimenkul Yatirim Ortakligi AS was 2.67. The lowest was 0.37. And the median was 1.32.


Kiler Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kiler Gayrimenkul Yatirim Ortakligi 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.

Kiler Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Chart

Kiler Gayrimenkul Yatirim Ortakligi AS 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 1.09 1.15 1.37 1.75 2.32

Kiler Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.00 2.13 2.32 2.60 2.88

Competitive Comparison of Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Kiler Gayrimenkul Yatirim Ortakligi 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.


Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.



Kiler Gayrimenkul Yatirim Ortakligi 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, Kiler Gayrimenkul Yatirim Ortakligi AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=11.1/132.5538*132.5538
=11.100

Current CPI (Jun. 2024) = 132.5538.

Kiler Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.518 100.428 0.684
201412 1.127 99.070 1.508
201503 0.461 99.621 0.613
201506 0.439 100.684 0.578
201509 0.368 100.392 0.486
201512 1.346 99.792 1.788
201603 0.412 100.470 0.544
201606 1.370 101.688 1.786
201609 1.348 101.861 1.754
201612 1.400 101.863 1.822
201703 1.782 102.862 2.296
201706 1.846 103.349 2.368
201709 1.834 104.136 2.334
201712 1.838 104.011 2.342
201803 1.938 105.290 2.440
201806 1.925 106.317 2.400
201809 1.890 106.507 2.352
201812 2.087 105.998 2.610
201903 2.066 107.251 2.553
201906 1.887 108.070 2.315
201909 1.943 108.329 2.377
201912 1.293 108.420 1.581
202003 1.321 108.902 1.608
202006 1.285 108.767 1.566
202009 1.326 109.815 1.601
202012 1.526 109.897 1.841
202103 1.561 111.754 1.852
202106 1.568 114.631 1.813
202109 1.848 115.734 2.117
202112 2.214 117.630 2.495
202203 2.002 121.301 2.188
202206 2.217 125.017 2.351
202209 2.484 125.227 2.629
202212 7.784 125.222 8.240
202303 4.242 127.348 4.415
202306 5.013 128.729 5.162
202309 5.185 129.860 5.293
202312 8.801 129.419 9.014
202403 10.320 131.776 10.381
202406 11.100 132.554 11.100

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


Kiler Gayrimenkul Yatirim Ortakligi AS  (IST:KLGYO) 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.

Kiler Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.39/2.88
=1.52

* 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 Kiler Gayrimenkul Yatirim Ortakligi AS was 2.67. The lowest was 0.37. And the median was 1.32.


Be Aware

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


Kiler Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Related Terms

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


Kiler Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Namik Kemal Mahallesi Kiler Caddesi No 96, Haramidere Esenyurt, Istanbul, TUR, 34513
Kiler Gayrimenkul Yatirim Ortakligi AS is a Turkey-based company which operates as a real estate investment trust. It is involved in Land Development, Project Development, Design, Planning, and Authorization Process and After Sales Services among others.

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