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Euro Trend Yatirim Ortakligi AS (IST:ETYAT) Cyclically Adjusted PB Ratio : 5.96 (As of May. 29, 2025)


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What is Euro Trend Yatirim Ortakligi AS Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Euro Trend Yatirim Ortakligi AS's current share price is ₺13.05. Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺2.19. Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is 5.96.

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

IST:ETYAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 4.07   Max: 9.37
Current: 5.96

During the past years, Euro Trend Yatirim Ortakligi AS's highest Cyclically Adjusted PB Ratio was 9.37. The lowest was 1.80. And the median was 4.07.

IST:ETYAT's Cyclically Adjusted PB Ratio is ranked worse than
94.69% of 942 companies
in the Asset Management industry
Industry Median: 0.79 vs IST:ETYAT: 5.96

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.

Euro Trend Yatirim Ortakligi AS's adjusted book value per share data for the three months ended in Mar. 2025 was ₺3.641. 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 ₺2.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euro Trend Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Euro Trend Yatirim Ortakligi 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.

Euro Trend Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Chart

Euro Trend Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.52 3.12 4.94 5.87

Euro Trend Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25
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 4.94 7.82 6.79 5.87 4.65

Competitive Comparison of Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Euro Trend Yatirim Ortakligi 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.


Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.


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Euro Trend Yatirim Ortakligi 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.

Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.05/2.19
=5.96

* 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.

Euro Trend Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Euro Trend Yatirim Ortakligi AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.641/134.9266*134.9266
=3.641

Current CPI (Mar. 2025) = 134.9266.

Euro Trend Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.059 100.560 1.421
201409 1.017 100.428 1.366
201412 1.078 99.070 1.468
201503 1.107 99.621 1.499
201506 1.217 100.684 1.631
201512 1.096 99.792 1.482
201606 0.000 101.688 0.000
201612 1.138 101.863 1.507
201703 0.000 102.862 0.000
201706 1.203 103.349 1.571
201709 0.000 104.136 0.000
201712 1.224 104.011 1.588
201803 1.261 105.290 1.616
201806 1.242 106.317 1.576
201809 1.248 106.507 1.581
201812 1.234 105.998 1.571
201903 1.311 107.251 1.649
201906 1.499 108.070 1.872
201909 1.537 108.329 1.914
201912 1.544 108.420 1.921
202003 0.000 108.902 0.000
202006 1.676 108.767 2.079
202009 1.833 109.815 2.252
202012 1.877 109.897 2.305
202103 1.928 111.754 2.328
202106 1.999 114.631 2.353
202109 1.922 115.734 2.241
202112 1.974 117.630 2.264
202203 2.096 121.301 2.331
202206 2.132 125.017 2.301
202209 2.145 125.227 2.311
202212 3.649 125.222 3.932
202303 2.201 127.348 2.332
202306 2.397 128.729 2.512
202309 2.644 129.860 2.747
202312 3.838 129.419 4.001
202403 2.938 131.776 3.008
202406 3.222 132.554 3.280
202412 3.345 133.157 3.389
202503 3.641 134.927 3.641

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.


Euro Trend Yatirim Ortakligi AS  (IST:ETYAT) 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.


Euro Trend Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Related Terms

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Euro Trend Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Ceyhun Atif Kansu Caddesi No 66, Balgat Çankaya, Ankara, TUR
Euro Trend Yatirim Ortakligi AS is an investment trust, involved in portfolio management activities. Its activities include the management of portfolio variation and investment risk, and the monitoring of stock exchanges, financial markets, institutions, and trusts.

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