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Usak Seramiknayii AS (IST:USAK) Cyclically Adjusted Book per Share : ₺0.83 (As of Dec. 2024)


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What is Usak Seramiknayii 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.

Usak Seramiknayii AS's adjusted book value per share for the three months ended in Dec. 2024 was ₺2.779. 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 ₺0.83 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Usak Seramiknayii AS's average Cyclically Adjusted Book Growth Rate was 43.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.60% 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 Usak Seramiknayii AS was 28.60% per year. The lowest was 21.90% per year. And the median was 25.25% per year.

As of today (2025-05-12), Usak Seramiknayii AS's current stock price is ₺6.21. Usak Seramiknayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₺0.83. Usak Seramiknayii AS's Cyclically Adjusted PB Ratio of today is 7.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Usak Seramiknayii AS was 8.74. The lowest was 0.56. And the median was 1.53.


Usak Seramiknayii AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Usak Seramiknayii 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.

Usak Seramiknayii AS Cyclically Adjusted Book per Share Chart

Usak Seramiknayii 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 0.32 0.39 0.47 0.58 0.83

Usak Seramiknayii AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.58 0.64 0.70 0.76 0.83

Competitive Comparison of Usak Seramiknayii AS's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Usak Seramiknayii 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.


Usak Seramiknayii AS's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Usak Seramiknayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Usak Seramiknayii 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, Usak Seramiknayii AS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.779/133.1571*133.1571
=2.779

Current CPI (Dec. 2024) = 133.1571.

Usak Seramiknayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.254 99.621 0.340
201506 0.253 100.684 0.335
201509 0.255 100.392 0.338
201512 0.251 99.792 0.335
201603 0.252 100.470 0.334
201606 0.254 101.688 0.333
201609 0.254 101.861 0.332
201612 0.321 101.863 0.420
201703 0.324 102.862 0.419
201706 0.000 103.349 0.000
201709 0.334 104.136 0.427
201712 0.331 104.011 0.424
201803 0.334 105.290 0.422
201806 0.338 106.317 0.423
201809 0.483 106.507 0.604
201812 0.478 105.998 0.600
201903 0.343 107.251 0.426
201906 0.349 108.070 0.430
201909 0.000 108.329 0.000
201912 0.350 108.420 0.430
202003 0.353 108.902 0.432
202006 0.319 108.767 0.391
202009 0.324 109.815 0.393
202012 0.323 109.897 0.391
202103 0.324 111.754 0.386
202106 1.662 114.631 1.931
202109 0.334 115.734 0.384
202112 0.579 117.630 0.655
202203 0.598 121.301 0.656
202206 0.657 125.017 0.700
202209 0.679 125.227 0.722
202212 1.822 125.222 1.937
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.751 129.860 0.770
202312 2.831 129.419 2.913
202403 2.177 131.776 2.200
202406 2.301 132.554 2.311
202409 2.446 133.029 2.448
202412 2.779 133.157 2.779

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


Usak Seramiknayii AS  (IST:USAK) 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.

Usak Seramiknayii AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.21/0.83
=7.48

* 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 Usak Seramiknayii AS was 8.74. The lowest was 0.56. And the median was 1.53.


Be Aware

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


Usak Seramiknayii AS Cyclically Adjusted Book per Share Related Terms

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


Usak Seramiknayii AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dilek Mahallesi De?irmenler Sokak No:100, Banaz, Istanbul, TUR, 64500
Usak Seramik Sanayii AS is a Turkey-based company engaged in the manufacture, sale and distribution of wall and floor ceramics and tiles, glazed porcelain tiles, decorative borders and panels for the construction industry. It also offers granite tiles, kerb, decor, Wall, Floor and Porcelain Tiles.

Usak Seramiknayii AS Headlines

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