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Pinar Entegre ET ve Unnayi AS (IST:PETUN) Cyclically Adjusted Book per Share : ₺21.12 (As of Sep. 2023)


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What is Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi AS's adjusted book value per share for the three months ended in Sep. 2023 was ₺67.223. 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 ₺21.12 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Pinar Entegre ET ve Unnayi AS's average Cyclically Adjusted Book Growth Rate was 43.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.70% 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 Pinar Entegre ET ve Unnayi AS was 19.70% per year. The lowest was 12.90% per year. And the median was 16.30% per year.

As of today (2024-06-01), Pinar Entegre ET ve Unnayi AS's current stock price is ₺90.00. Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₺21.12. Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted PB Ratio of today is 4.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pinar Entegre ET ve Unnayi AS was 4.98. The lowest was 0.57. And the median was 1.90.


Pinar Entegre ET ve Unnayi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi AS Cyclically Adjusted Book per Share Chart

Pinar Entegre ET ve Unnayi 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 8.59 9.44 10.36 12.37 16.21

Pinar Entegre ET ve Unnayi 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 14.73 16.21 17.88 19.51 21.12

Competitive Comparison of Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Pinar Entegre ET ve Unnayi 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.


Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted PB Ratio falls into.



Pinar Entegre ET ve Unnayi 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, Pinar Entegre ET ve Unnayi 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)
=67.223/129.8595*129.8595
=67.223

Current CPI (Sep. 2023) = 129.8595.

Pinar Entegre ET ve Unnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 7.685 98.326 10.150
201403 7.140 99.695 9.300
201406 7.422 100.560 9.585
201409 7.655 100.428 9.898
201412 7.948 99.070 10.418
201503 7.625 99.621 9.939
201506 7.962 100.684 10.269
201509 8.309 100.392 10.748
201512 9.374 99.792 12.198
201603 8.698 100.470 11.242
201606 8.993 101.688 11.484
201609 9.360 101.861 11.933
201612 9.667 101.863 12.324
201703 8.950 102.862 11.299
201706 9.171 103.349 11.523
201709 9.673 104.136 12.062
201712 11.572 104.011 14.448
201803 11.476 105.290 14.154
201806 11.686 106.317 14.274
201809 12.082 106.507 14.731
201812 12.777 105.998 15.653
201903 11.781 107.251 14.265
201906 12.039 108.070 14.466
201909 12.458 108.329 14.934
201912 15.108 108.420 18.096
202003 14.738 108.902 17.574
202006 15.896 108.767 18.979
202009 16.526 109.815 19.543
202012 18.030 109.897 21.305
202103 16.770 111.754 19.487
202106 17.115 114.631 19.389
202109 18.165 115.734 20.382
202112 29.780 117.630 32.876
202203 28.519 121.301 30.531
202206 29.551 125.017 30.696
202209 30.882 125.227 32.025
202212 68.780 125.222 71.327
202303 65.480 127.348 66.771
202306 66.593 128.729 67.178
202309 67.223 129.860 67.223

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


Pinar Entegre ET ve Unnayi AS  (IST:PETUN) 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.

Pinar Entegre ET ve Unnayi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.00/21.12
=4.26

* 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 Pinar Entegre ET ve Unnayi AS was 4.98. The lowest was 0.57. And the median was 1.90.


Be Aware

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


Pinar Entegre ET ve Unnayi AS Cyclically Adjusted Book per Share Related Terms

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


Pinar Entegre ET ve Unnayi AS (IST:PETUN) Business Description

Traded in Other Exchanges
N/A
Address
Ankara Asfalt? 25. Km, Kemalpasa, ?zmir, TUR, 35170
Pinar Entegre ET ve Un Sanayi AS is engaged in the production of meat and by-products of cattle, sheep, poultry and fish, frozen dough and packaged food. Its brand profile includes Pinar Kido, Pinar Çocuk, Pinar Doyum, Pinar Breakfast Pleasure, Pinar Pizzatto, Pinar Go, Pinar Classic, Pinar Grill Fun and others. Along with it the company also focuses on education, sports, and art.

Pinar Entegre ET ve Unnayi AS (IST:PETUN) Headlines

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