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Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) Cyclically Adjusted PB Ratio : 51.73 (As of Jun. 03, 2024)


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What is Adel Kalemcilik Ticaret Venayi AS Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Adel Kalemcilik Ticaret Venayi AS's current share price is ₺643.50. Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₺12.44. Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio for today is 51.73.

The historical rank and industry rank for Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ADEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.39   Max: 73.28
Current: 51.75

During the past years, Adel Kalemcilik Ticaret Venayi AS's highest Cyclically Adjusted PB Ratio was 73.28. The lowest was 1.20. And the median was 3.39.

IST:ADEL's Cyclically Adjusted PB Ratio is ranked worse than
99.81% of 2154 companies
in the Industrial Products industry
Industry Median: 1.88 vs IST:ADEL: 51.75

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.

Adel Kalemcilik Ticaret Venayi AS's adjusted book value per share data for the three months ended in Mar. 2024 was ₺58.411. 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 ₺12.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adel Kalemcilik Ticaret Venayi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adel Kalemcilik Ticaret Venayi 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.

Adel Kalemcilik Ticaret Venayi AS Cyclically Adjusted PB Ratio Chart

Adel Kalemcilik Ticaret Venayi 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 2.13 4.61 4.05 12.23 30.54

Adel Kalemcilik Ticaret Venayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.87 18.38 51.81 30.54 52.27

Competitive Comparison of Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio

For the Business Equipment & Supplies subindustry, Adel Kalemcilik Ticaret Venayi 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.


Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio falls into.



Adel Kalemcilik Ticaret Venayi 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.

Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=643.50/12.44
=51.73

* 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.

Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adel Kalemcilik Ticaret Venayi 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)
=58.411/131.7762*131.7762
=58.411

Current CPI (Mar. 2024) = 131.7762.

Adel Kalemcilik Ticaret Venayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.691 100.560 8.768
201409 6.878 100.428 9.025
201412 6.278 99.070 8.351
201503 6.825 99.621 9.028
201506 7.077 100.684 9.262
201509 9.144 100.392 12.003
201512 8.709 99.792 11.500
201603 9.234 100.470 12.111
201606 8.720 101.688 11.300
201609 9.034 101.861 11.687
201612 8.275 101.863 10.705
201703 9.219 102.862 11.810
201706 9.006 103.349 11.483
201709 9.387 104.136 11.879
201712 8.694 104.011 11.015
201803 9.512 105.290 11.905
201806 8.965 106.317 11.112
201809 9.260 106.507 11.457
201812 7.991 105.998 9.934
201903 8.436 107.251 10.365
201906 7.457 108.070 9.093
201909 7.658 108.329 9.315
201912 6.909 108.420 8.397
202003 7.028 108.902 8.504
202006 6.684 108.767 8.098
202009 6.626 109.815 7.951
202012 6.154 109.897 7.379
202103 5.854 111.754 6.903
202106 5.440 114.631 6.254
202109 5.807 115.734 6.612
202112 5.556 117.630 6.224
202203 5.238 121.301 5.690
202206 5.054 125.017 5.327
202209 6.514 125.227 6.855
202212 29.320 125.222 30.855
202303 7.375 127.348 7.631
202306 12.333 128.729 12.625
202309 22.396 129.860 22.727
202312 47.019 129.419 47.875
202403 58.411 131.776 58.411

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.


Adel Kalemcilik Ticaret Venayi AS  (IST:ADEL) 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.


Adel Kalemcilik Ticaret Venayi AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Adel Kalemcilik Ticaret Venayi AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) Business Description

Traded in Other Exchanges
N/A
Address
Sekerpinar Mah Yanyol Sok Number 7, Cayirova, TUR, 41480
Adel Kalemcilik Ticaret Ve Sanayi AS is a Turkey-based company involved in producing stationery items which include mechanical leads and graphites, liquid ink pens, wood-cased lead pencils, coloring and copying pencils, ballpoint pens, markers, crayons, watercolor paints, erasers, modeling clays, and gouache paints. Some of its brands include Adel, Adeland, Faber-Castle, and Max.

Adel Kalemcilik Ticaret Venayi AS (IST:ADEL) Headlines

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