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Turkiye Is Bankasi AS (LSE:TIBD) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS's adjusted book value per share for the three months ended in Mar. 2024 was $0.344. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turkiye Is Bankasi AS's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Turkiye Is Bankasi AS was 7.50% per year. The lowest was 5.10% per year. And the median was 6.30% per year.

As of today (2024-06-17), Turkiye Is Bankasi AS's current stock price is $3.38. Turkiye Is Bankasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkiye Is Bankasi AS was 517751.11. The lowest was 150.69. And the median was 715.81.


Turkiye Is Bankasi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Turkiye Is Bankasi 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.

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Turkiye Is Bankasi AS Cyclically Adjusted Book per Share Chart

Turkiye Is Bankasi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Turkiye Is Bankasi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Turkiye Is Bankasi AS's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Turkiye Is Bankasi 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.


Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio falls into.



Turkiye Is Bankasi 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, Turkiye Is Bankasi AS's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.344/131.7762*131.7762
=0.344

Current CPI (Mar. 2024) = 131.7762.

Turkiye Is Bankasi AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.483 100.560 0.633
201409 1.025 100.428 1.345
201412 2.815 99.070 3.744
201503 0.000 99.621 0.000
201506 0.410 100.684 0.537
201509 2.206 100.392 2.896
201512 2.587 99.792 3.416
201603 0.463 100.470 0.607
201606 0.503 101.688 0.652
201609 2.667 101.861 3.450
201612 2.531 101.863 3.274
201703 2.313 102.862 2.963
201706 0.486 103.349 0.620
201709 2.631 104.136 3.329
201712 2.482 104.011 3.145
201803 2.551 105.290 3.193
201806 0.389 106.317 0.482
201809 1.639 106.507 2.028
201812 2.073 105.998 2.577
201903 2.037 107.251 2.503
201906 0.359 108.070 0.438
201909 0.381 108.329 0.463
201912 2.227 108.420 2.707
202003 2.047 108.902 2.477
202006 0.367 108.767 0.445
202009 0.343 109.815 0.412
202012 0.349 109.897 0.418
202103 0.345 111.754 0.407
202106 0.322 114.631 0.370
202109 0.349 115.734 0.397
202112 0.256 117.630 0.287
202203 0.297 121.301 0.323
202206 0.294 125.017 0.310
202209 0.320 125.227 0.337
202212 0.410 125.222 0.431
202303 0.414 127.348 0.428
202306 0.351 128.729 0.359
202309 0.327 129.860 0.332
202312 0.369 129.419 0.376
202403 0.344 131.776 0.344

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


Turkiye Is Bankasi AS  (LSE:TIBD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkiye Is Bankasi AS was 517751.11. The lowest was 150.69. And the median was 715.81.


Be Aware

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


Turkiye Is Bankasi AS Cyclically Adjusted Book per Share Related Terms

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


Turkiye Is Bankasi AS (LSE:TIBD) Business Description

Industry
Traded in Other Exchanges
Address
Is Kuleleri, Levent, Istanbul, TUR, 34330
Turkiye Is Bankasi AS, or Isbank is a Turkish financial services group with operations in Europe, Asia, and the Middle East. The group provides banking services as well as insurance, pension, asset management, venture capital, investment banking, leasing and factoring, and brokerage and custody, among other services. The bank's strategy emphasizes customer service. The vast majority of its earning assets is in loans. Isbank maintains a particularly strong presence in commercial auto and real estate loans. Its loan profile is diversified but with exposure most notably to production, construction, and wholesale and retail trade.

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