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Borusan Yatirim Pazarlama AS (IST:BRYAT) Cyclically Adjusted PB Ratio : 18.54 (As of May. 13, 2024)


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What is Borusan Yatirim Pazarlama AS Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Borusan Yatirim Pazarlama AS's current share price is ₺2942.50. Borusan Yatirim Pazarlama AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺158.71. Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio for today is 18.54.

The historical rank and industry rank for Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:BRYAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 6.95   Max: 28.35
Current: 18.54

During the past years, Borusan Yatirim Pazarlama AS's highest Cyclically Adjusted PB Ratio was 28.35. The lowest was 1.21. And the median was 6.95.

IST:BRYAT's Cyclically Adjusted PB Ratio is ranked worse than
99.11% of 451 companies
in the Steel industry
Industry Median: 0.9 vs IST:BRYAT: 18.54

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.

Borusan Yatirim Pazarlama AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺913.975. 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 ₺158.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Borusan Yatirim Pazarlama AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Borusan Yatirim Pazarlama 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.

Borusan Yatirim Pazarlama AS Cyclically Adjusted PB Ratio Chart

Borusan Yatirim Pazarlama 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 2.05 11.83 6.95 13.33 14.81

Borusan Yatirim Pazarlama 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 13.33 8.36 11.99 16.03 14.81

Competitive Comparison of Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio

For the Steel subindustry, Borusan Yatirim Pazarlama 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.


Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio falls into.



Borusan Yatirim Pazarlama 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.

Borusan Yatirim Pazarlama AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2942.50/158.71
=18.54

* 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.

Borusan Yatirim Pazarlama AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Borusan Yatirim Pazarlama 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)
=913.975/129.4194*129.4194
=913.975

Current CPI (Dec. 2023) = 129.4194.

Borusan Yatirim Pazarlama AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.995 99.695 22.062
201406 16.753 100.560 21.561
201409 17.625 100.428 22.713
201412 19.237 99.070 25.130
201503 21.120 99.621 27.437
201506 20.952 100.684 26.932
201509 23.045 100.392 29.708
201512 22.265 99.792 28.875
201603 23.076 100.470 29.725
201606 23.649 101.688 30.098
201609 24.989 101.861 31.750
201612 27.730 101.863 35.232
201703 30.008 102.862 37.756
201706 29.388 103.349 36.801
201709 31.322 104.136 38.927
201712 33.393 104.011 41.550
201803 35.834 105.290 44.046
201806 38.765 106.317 47.189
201809 47.410 106.507 57.609
201812 71.115 105.998 86.829
201903 76.349 107.251 92.130
201906 77.577 108.070 92.903
201909 77.576 108.329 92.679
201912 81.313 108.420 97.062
202003 87.677 108.902 104.196
202006 93.301 108.767 111.016
202009 109.230 109.815 128.730
202012 114.636 109.897 135.000
202103 126.975 111.754 147.046
202106 134.042 114.631 151.334
202109 139.250 115.734 155.716
202112 206.405 117.630 227.093
202203 239.031 121.301 255.029
202206 274.993 125.017 284.677
202209 318.330 125.227 328.988
202212 384.896 125.222 397.798
202303 403.452 127.348 410.015
202306 626.349 128.729 629.710
202309 874.476 129.860 871.512
202312 913.975 129.419 913.975

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.


Borusan Yatirim Pazarlama AS  (IST:BRYAT) 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.


Borusan Yatirim Pazarlama AS Cyclically Adjusted PB Ratio Related Terms

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


Borusan Yatirim Pazarlama AS (IST:BRYAT) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Cad Number 37, Salipazari, Istanbul, TUR, 80040
Borusan Yatirim Pazarlama AS is Turkey-based company with business interests in multiple sectors. The company through its subsidiaries is engaged in the businesses of steel, distributorship, automotive, logistics and energy sectors.

Borusan Yatirim Pazarlama AS (IST:BRYAT) Headlines

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