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Ege Endustri ve Ticaret AS (IST:EGEEN) Cyclically Adjusted PB Ratio : 53.82 (As of Jun. 11, 2024)


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What is Ege Endustri ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Ege Endustri ve Ticaret AS's current share price is ₺12162.50. Ege Endustri ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₺225.98. Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 53.82.

The historical rank and industry rank for Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:EGEEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.53   Med: 15.21   Max: 77.05
Current: 54.02

During the past years, Ege Endustri ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 77.05. The lowest was 5.53. And the median was 15.21.

IST:EGEEN's Cyclically Adjusted PB Ratio is ranked worse than
99.4% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs IST:EGEEN: 54.02

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.

Ege Endustri ve Ticaret AS's adjusted book value per share data for the three months ended in Sep. 2023 was ₺760.480. 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 ₺225.98 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ege Endustri ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ege Endustri ve Ticaret 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.

Ege Endustri ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Ege Endustri ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.77 19.40 14.31 35.72

Ege Endustri ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 14.08 35.72 24.13 25.97 33.63

Competitive Comparison of Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Ege Endustri ve Ticaret 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.


Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Ege Endustri ve Ticaret 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.

Ege Endustri ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12162.50/225.98
=53.82

* 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.

Ege Endustri ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Ege Endustri ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=760.48/129.8595*129.8595
=760.480

Current CPI (Sep. 2023) = 129.8595.

Ege Endustri ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 29.549 98.326 39.026
201403 34.062 99.695 44.368
201406 33.207 100.560 42.883
201409 38.303 100.428 49.528
201412 42.332 99.070 55.488
201503 50.126 99.621 65.341
201506 47.274 100.684 60.973
201509 58.037 100.392 75.073
201512 63.685 99.792 82.873
201603 70.315 100.470 90.883
201606 63.416 101.688 80.985
201609 70.307 101.861 89.632
201612 81.243 101.863 103.573
201703 90.784 102.862 114.611
201706 85.464 103.349 107.387
201709 95.574 104.136 119.183
201712 109.824 104.011 137.117
201803 122.933 105.290 151.620
201806 118.144 106.317 144.306
201809 160.704 106.507 195.940
201812 172.836 105.998 211.744
201903 219.089 107.251 265.274
201906 192.367 108.070 231.154
201909 205.021 108.329 245.768
201912 206.143 108.420 246.906
202003 235.433 108.902 280.742
202006 173.831 108.767 207.540
202009 207.106 109.815 244.909
202012 225.503 109.897 266.466
202103 194.433 111.754 225.933
202106 223.787 114.631 253.516
202109 254.404 115.734 285.454
202112 355.046 117.630 391.960
202203 344.938 121.301 369.275
202206 422.711 125.017 439.085
202209 487.357 125.227 505.388
202212 555.019 125.222 575.575
202303 522.805 127.348 533.116
202306 642.588 128.729 648.233
202309 760.480 129.860 760.480

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.


Ege Endustri ve Ticaret AS  (IST:EGEEN) 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.


Ege Endustri ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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


Ege Endustri ve Ticaret AS (IST:EGEEN) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Caddesi No.18, Pinarbasi, Izmir, TUR, 35060
Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.

Ege Endustri ve Ticaret AS (IST:EGEEN) Headlines

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