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CarrefourSA Carrefourbanci Ticaret Merkezi AS (IST:CRFSA) Cyclically Adjusted PB Ratio : 58.02 (As of Jun. 20, 2024)


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What is CarrefourSA Carrefourbanci Ticaret Merkezi AS Cyclically Adjusted PB Ratio?

As of today (2024-06-20), CarrefourSA Carrefourbanci Ticaret Merkezi AS's current share price is ₺117.20. CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₺2.02. CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio for today is 58.02.

The historical rank and industry rank for CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:CRFSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.51   Med: 85.36   Max: 3975
Current: 58.3

During the past years, CarrefourSA Carrefourbanci Ticaret Merkezi AS's highest Cyclically Adjusted PB Ratio was 3975.00. The lowest was 6.51. And the median was 85.36.

IST:CRFSA's Cyclically Adjusted PB Ratio is ranked worse than
99.56% of 228 companies
in the Retail - Defensive industry
Industry Median: 1.615 vs IST:CRFSA: 58.30

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.

CarrefourSA Carrefourbanci Ticaret Merkezi AS's adjusted book value per share data for the three months ended in Mar. 2024 was ₺43.943. 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 ₺2.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CarrefourSA Carrefourbanci Ticaret Merkezi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CarrefourSA Carrefourbanci Ticaret Merkezi 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.

CarrefourSA Carrefourbanci Ticaret Merkezi AS Cyclically Adjusted PB Ratio Chart

CarrefourSA Carrefourbanci Ticaret Merkezi 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 - 105.36 82.60 94.28 119.27

CarrefourSA Carrefourbanci Ticaret Merkezi 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 106.31 226.27 - 119.27 82.93

Competitive Comparison of CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, CarrefourSA Carrefourbanci Ticaret Merkezi 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.


CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio falls into.



CarrefourSA Carrefourbanci Ticaret Merkezi 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.

CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=117.20/2.02
=58.02

* 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.

CarrefourSA Carrefourbanci Ticaret Merkezi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CarrefourSA Carrefourbanci Ticaret Merkezi 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)
=43.943/131.7762*131.7762
=43.943

Current CPI (Mar. 2024) = 131.7762.

CarrefourSA Carrefourbanci Ticaret Merkezi AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.113 100.560 1.459
201409 1.120 100.428 1.470
201412 1.241 99.070 1.651
201503 1.306 99.621 1.728
201506 1.279 100.684 1.674
201509 1.234 100.392 1.620
201512 1.099 99.792 1.451
201603 0.970 100.470 1.272
201606 0.735 101.688 0.952
201609 0.511 101.861 0.661
201612 0.511 101.863 0.661
201703 0.479 102.862 0.614
201706 0.396 103.349 0.505
201709 0.329 104.136 0.416
201712 0.094 104.011 0.119
201803 0.033 105.290 0.041
201806 0.467 106.317 0.579
201809 0.384 106.507 0.475
201812 0.073 105.998 0.091
201903 -0.063 107.251 -0.077
201906 -0.200 108.070 -0.244
201909 -0.308 108.329 -0.375
201912 -0.412 108.420 -0.501
202003 -0.541 108.902 -0.655
202006 -0.659 108.767 -0.798
202009 -0.407 109.815 -0.488
202012 0.134 109.897 0.161
202103 -0.634 111.754 -0.748
202106 -1.559 114.631 -1.792
202109 -2.364 115.734 -2.692
202112 -3.091 117.630 -3.463
202203 -3.858 121.301 -4.191
202206 -4.575 125.017 -4.822
202209 -5.097 125.227 -5.364
202212 32.483 125.222 34.183
202303 -8.807 127.348 -9.113
202306 -10.070 128.729 -10.308
202309 -10.065 129.860 -10.214
202312 40.276 129.419 41.009
202403 43.943 131.776 43.943

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.


CarrefourSA Carrefourbanci Ticaret Merkezi AS  (IST:CRFSA) 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.


CarrefourSA Carrefourbanci Ticaret Merkezi AS Cyclically Adjusted PB Ratio Related Terms

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


CarrefourSA Carrefourbanci Ticaret Merkezi AS (IST:CRFSA) Business Description

Traded in Other Exchanges
N/A
Address
Cevizli Mahallesi, Tugay Yolu Caddesi No:67 A, B Blok Maltepe, Istanbul, TUR, 34752
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS operate in the hypermarket and supermarket sectors in Turkey. The company is a retailer of food, household items, and consumer goods and operates in the form of hypermarkets and supermarkets. The Company's revenue is comprises of retail sales and income from sublease.

CarrefourSA Carrefourbanci Ticaret Merkezi AS (IST:CRFSA) Headlines

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