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Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Cyclically Adjusted PB Ratio : 2.25 (As of May. 27, 2024)


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What is Haci Omerbanci Holding AS Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Haci Omerbanci Holding AS's current share price is $0.27. Haci Omerbanci Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.12. Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio for today is 2.25.

The historical rank and industry rank for Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

HOSXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.94   Max: 3.91
Current: 3.9

During the past years, Haci Omerbanci Holding AS's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 0.64. And the median was 0.94.

HOSXF's Cyclically Adjusted PB Ratio is ranked worse than
95.56% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs HOSXF: 3.90

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.

Haci Omerbanci Holding AS's adjusted book value per share data for the three months ended in Dec. 2023 was $0.932. 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 $0.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haci Omerbanci Holding AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio 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.

Haci Omerbanci Holding AS Cyclically Adjusted PB Ratio Chart

Haci Omerbanci Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.98 0.94 2.33 2.31

Haci Omerbanci Holding 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 PB Ratio 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 2.33 1.91 2.07 2.51 2.31

Competitive Comparison of Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Haci Omerbanci Holding 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.


Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio falls into.



Haci Omerbanci Holding AS Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.27/0.12
=2.25

* 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.

Haci Omerbanci Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Haci Omerbanci Holding 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)
=0.932/129.4194*129.4194
=0.932

Current CPI (Dec. 2023) = 129.4194.

Haci Omerbanci Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.957 99.695 1.242
201406 1.057 100.560 1.360
201409 1.028 100.428 1.325
201412 1.024 99.070 1.338
201503 0.923 99.621 1.199
201506 0.909 100.684 1.168
201509 0.821 100.392 1.058
201512 0.880 99.792 1.141
201603 0.899 100.470 1.158
201606 0.927 101.688 1.180
201609 0.932 101.861 1.184
201612 0.812 101.863 1.032
201703 0.790 102.862 0.994
201706 0.855 103.349 1.071
201709 0.896 104.136 1.114
201712 0.849 104.011 1.056
201803 0.853 105.290 1.048
201806 0.736 106.317 0.896
201809 0.556 106.507 0.676
201812 0.676 105.998 0.825
201903 0.660 107.251 0.796
201906 0.643 108.070 0.770
201909 0.682 108.329 0.815
201912 0.697 108.420 0.832
202003 0.635 108.902 0.755
202006 0.625 108.767 0.744
202009 0.592 109.815 0.698
202012 0.604 109.897 0.711
202103 0.616 111.754 0.713
202106 0.591 114.631 0.667
202109 0.643 115.734 0.719
202112 0.472 117.630 0.519
202203 0.523 121.301 0.558
202206 0.508 125.017 0.526
202209 0.554 125.227 0.573
202212 1.457 125.222 1.506
202303 0.675 127.348 0.686
202306 0.628 128.729 0.631
202309 0.632 129.860 0.630
202312 0.932 129.419 0.932

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


Haci Omerbanci Holding AS  (GREY:HOSXF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Haci Omerbanci Holding AS Cyclically Adjusted PB Ratio Related Terms

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Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Business Description

Traded in Other Exchanges
Address
Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Headlines

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