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Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) Cyclically Adjusted Book per Share : ₺9.94 (As of Mar. 2025)


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What is Kardemir Karabuk Demir Celiknayi ve Ticaret 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.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS's adjusted book value per share for the three months ended in Mar. 2025 was ₺48.305. 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 ₺9.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 62.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 56.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 42.40% 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS was 56.90% per year. The lowest was 21.60% per year. And the median was 37.80% per year.

As of today (2025-05-30), Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current stock price is ₺22.56. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺9.94. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kardemir Karabuk Demir Celiknayi ve Ticaret AS was 6.07. The lowest was 1.04. And the median was 2.89.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kardemir Karabuk Demir Celiknayi ve Ticaret 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.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS Cyclically Adjusted Book per Share Chart

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 2.02 3.19 4.16 7.20 9.47

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 8.63 10.04 12.70 9.47 9.94

Competitive Comparison of Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted Book per Share

For the Steel subindustry, Kardemir Karabuk Demir Celiknayi ve Ticaret 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.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


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Kardemir Karabuk Demir Celiknayi ve Ticaret 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, Kardemir Karabuk Demir Celiknayi ve Ticaret 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)
=48.305/134.9266*134.9266
=48.305

Current CPI (Mar. 2025) = 134.9266.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.214 100.684 1.627
201509 1.113 100.392 1.496
201512 2.061 99.792 2.787
201603 2.059 100.470 2.765
201606 2.088 101.688 2.770
201609 2.067 101.861 2.738
201612 1.963 101.863 2.600
201703 1.957 102.862 2.567
201706 2.047 103.349 2.672
201709 2.113 104.136 2.738
201712 2.147 104.011 2.785
201803 2.353 105.290 3.015
201806 2.533 106.317 3.215
201809 2.574 106.507 3.261
201812 3.585 105.998 4.563
201903 3.644 107.251 4.584
201906 3.607 108.070 4.503
201909 3.641 108.329 4.535
201912 3.404 108.420 4.236
202003 3.262 108.902 4.042
202006 3.150 108.767 3.908
202009 3.037 109.815 3.731
202012 3.424 109.897 4.204
202103 3.864 111.754 4.665
202106 4.570 114.631 5.379
202109 5.185 115.734 6.045
202112 8.738 117.630 10.023
202203 9.586 121.301 10.663
202206 9.522 125.017 10.277
202209 9.497 125.227 10.233
202212 32.111 125.222 34.600
202303 10.642 127.348 11.275
202306 9.359 128.729 9.810
202309 10.261 129.860 10.661
202312 46.662 129.419 48.648
202403 36.932 131.776 37.815
202406 39.567 132.554 40.275
202409 42.387 133.029 42.992
202412 45.119 133.157 45.719
202503 48.305 134.927 48.305

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


Kardemir Karabuk Demir Celiknayi ve Ticaret AS  (IST:KRDMD) 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.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.56/9.94
=2.27

* 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS was 6.07. The lowest was 1.04. And the median was 2.89.


Be Aware

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


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Cyclically Adjusted Book per Share Related Terms

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


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Business Description

Traded in Other Exchanges
Address
Kardemir Karabuk Demir Sanayi, Karabuk, TUR, 78170
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS is a Turkey-based company that is primarily engaged in manufacturing and selling of raw iron and steel products, coke, and coke byproducts. Its steel products include pig, blooms, billets, ribbed construction steel, profiles, mine poles, and all types of rails. Billet products and round products account for the majority of the company's steel product volume. The company's products are used in the construction, mining, transport, and industry sectors. Most of the company's revenue is generated from the Turkish domestic market.

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