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Kron Teknoloji AS (IST:KRONT) Cyclically Adjusted Book per Share : ₺0.79 (As of Dec. 2023)


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What is Kron Teknoloji 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.

Kron Teknoloji AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺3.652. 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 ₺0.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kron Teknoloji AS's average Cyclically Adjusted Book Growth Rate was 38.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 32.40% 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 Kron Teknoloji AS was 32.40% per year. The lowest was 32.40% per year. And the median was 32.40% per year.

As of today (2024-06-20), Kron Teknoloji AS's current stock price is ₺22.70. Kron Teknoloji AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺0.79. Kron Teknoloji AS's Cyclically Adjusted PB Ratio of today is 28.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kron Teknoloji AS was 43.05. The lowest was 8.86. And the median was 17.66.


Kron Teknoloji AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kron Teknoloji 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.

Kron Teknoloji AS Cyclically Adjusted Book per Share Chart

Kron Teknoloji 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 - 0.34 0.42 0.57 0.79

Kron Teknoloji AS 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 0.57 0.62 0.66 0.71 0.79

Competitive Comparison of Kron Teknoloji AS's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Kron Teknoloji 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.


Kron Teknoloji AS's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Kron Teknoloji AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kron Teknoloji AS's Cyclically Adjusted PB Ratio falls into.



Kron Teknoloji 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, Kron Teknoloji AS'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)
=3.652/129.4194*129.4194
=3.652

Current CPI (Dec. 2023) = 129.4194.

Kron Teknoloji AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.141 99.695 0.183
201406 0.140 100.560 0.180
201409 0.144 100.428 0.186
201412 0.166 99.070 0.217
201503 0.180 99.621 0.234
201506 0.185 100.684 0.238
201509 0.206 100.392 0.266
201512 0.242 99.792 0.314
201603 0.247 100.470 0.318
201606 0.252 101.688 0.321
201609 0.278 101.861 0.353
201612 0.394 101.863 0.501
201703 0.400 102.862 0.503
201706 0.374 103.349 0.468
201709 0.385 104.136 0.478
201712 0.465 104.011 0.579
201803 0.440 105.290 0.541
201806 0.475 106.317 0.578
201809 0.488 106.507 0.593
201812 0.504 105.998 0.615
201903 0.514 107.251 0.620
201906 0.538 108.070 0.644
201909 0.528 108.329 0.631
201912 0.625 108.420 0.746
202003 0.627 108.902 0.745
202006 0.624 108.767 0.742
202009 0.646 109.815 0.761
202012 0.720 109.897 0.848
202103 0.725 111.754 0.840
202106 0.728 114.631 0.822
202109 0.724 115.734 0.810
202112 0.970 117.630 1.067
202203 0.959 121.301 1.023
202206 0.920 125.017 0.952
202209 1.260 125.227 1.302
202212 2.758 125.222 2.850
202303 1.396 127.348 1.419
202306 1.731 128.729 1.740
202309 1.902 129.860 1.896
202312 3.652 129.419 3.652

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


Kron Teknoloji AS  (IST:KRONT) 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.

Kron Teknoloji AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.70/0.79
=28.73

* 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 Kron Teknoloji AS was 43.05. The lowest was 8.86. And the median was 17.66.


Be Aware

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


Kron Teknoloji AS Cyclically Adjusted Book per Share Related Terms

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


Kron Teknoloji AS (IST:KRONT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805
Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.

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