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Doktas Dokumculuk Ticaret Venayi AS (IST:DOKTA) Cyclically Adjusted PB Ratio : 5.88 (As of Jun. 03, 2025)


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What is Doktas Dokumculuk Ticaret Venayi AS Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Doktas Dokumculuk Ticaret Venayi AS's current share price is ₺20.06. Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₺3.41. Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted PB Ratio for today is 5.88.

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

IST:DOKTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 10.83   Max: 28.73
Current: 5.95

During the past years, Doktas Dokumculuk Ticaret Venayi AS's highest Cyclically Adjusted PB Ratio was 28.73. The lowest was 1.52. And the median was 10.83.

IST:DOKTA's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 475 companies
in the Steel industry
Industry Median: 0.84 vs IST:DOKTA: 5.95

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.

Doktas Dokumculuk Ticaret Venayi AS's adjusted book value per share data for the three months ended in Sep. 2024 was ₺14.919. 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 ₺3.41 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doktas Dokumculuk Ticaret Venayi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Doktas Dokumculuk 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.

Doktas Dokumculuk Ticaret Venayi AS Cyclically Adjusted PB Ratio Chart

Doktas Dokumculuk 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 11.91 13.05 11.83 22.43 12.95

Doktas Dokumculuk Ticaret Venayi AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.94 12.95 12.16 10.75 6.79

Competitive Comparison of Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted PB Ratio

For the Steel subindustry, Doktas Dokumculuk 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.


Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Doktas Dokumculuk 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.

Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.06/3.41
=5.88

* 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.

Doktas Dokumculuk Ticaret Venayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Doktas Dokumculuk Ticaret Venayi AS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=14.919/133.0289*133.0289
=14.919

Current CPI (Sep. 2024) = 133.0289.

Doktas Dokumculuk Ticaret Venayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.096 99.070 1.472
201503 1.122 99.621 1.498
201506 1.143 100.684 1.510
201509 1.286 100.392 1.704
201512 1.218 99.792 1.624
201603 1.226 100.470 1.623
201606 1.218 101.688 1.593
201609 0.857 101.861 1.119
201612 -0.118 101.863 -0.154
201703 0.163 102.862 0.211
201706 0.247 103.349 0.318
201709 0.316 104.136 0.404
201712 0.153 104.011 0.196
201803 0.230 105.290 0.291
201806 0.296 106.317 0.370
201809 0.488 106.507 0.610
201812 0.415 105.998 0.521
201903 0.509 107.251 0.631
201906 0.634 108.070 0.780
201909 0.652 108.329 0.801
201912 0.274 108.420 0.336
202003 0.471 108.902 0.575
202006 0.287 108.767 0.351
202009 0.436 109.815 0.528
202012 0.676 109.897 0.818
202103 1.039 111.754 1.237
202106 1.300 114.631 1.509
202109 1.512 115.734 1.738
202112 2.996 117.630 3.388
202203 3.572 121.301 3.917
202206 3.986 125.017 4.241
202209 4.048 125.227 4.300
202212 6.818 125.222 7.243
202303 8.069 127.348 8.429
202306 11.177 128.729 11.550
202309 11.264 129.860 11.539
202312 13.785 129.419 14.169
202403 14.327 131.776 14.463
202406 13.897 132.554 13.947
202409 14.919 133.029 14.919

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.


Doktas Dokumculuk Ticaret Venayi AS  (IST:DOKTA) 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.


Doktas Dokumculuk Ticaret Venayi AS Cyclically Adjusted PB Ratio Related Terms

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Doktas Dokumculuk Ticaret Venayi AS Business Description

Traded in Other Exchanges
N/A
Address
Fatih Location Lake Road, No. 26, Orhangazi, Bursa, TUR
Doktas Dokumculuk Ticaret Ve Sanayi AS is engaged in the production of pig iron, ductile iron casting and machining operations in Orhangazi facilities.

Doktas Dokumculuk Ticaret Venayi AS Headlines

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