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Ford Otomotivnayi AS (IST:FROTO) Cyclically Adjusted PB Ratio : 21.63 (As of Sep. 21, 2024)


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What is Ford Otomotivnayi AS Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Ford Otomotivnayi AS's current share price is ₺914.00. Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₺42.25. Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is 21.63.

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

IST:FROTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.46   Med: 19.07   Max: 44.39
Current: 21.68

During the past years, Ford Otomotivnayi AS's highest Cyclically Adjusted PB Ratio was 44.39. The lowest was 5.46. And the median was 19.07.

IST:FROTO's Cyclically Adjusted PB Ratio is ranked worse than
98.15% of 810 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs IST:FROTO: 21.68

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.

Ford Otomotivnayi AS's adjusted book value per share data for the three months ended in Jun. 2024 was ₺248.875. 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 ₺42.25 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ford Otomotivnayi 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.

Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Chart

Ford Otomotivnayi 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 8.33 13.45 20.44 29.30 25.20

Ford Otomotivnayi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 35.29 34.58 25.20 31.39 26.61

Competitive Comparison of Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Ford Otomotivnayi 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.


Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio falls into.



Ford Otomotivnayi 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.

Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=914.00/42.25
=21.63

* 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.

Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ford Otomotivnayi AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=248.875/132.5538*132.5538
=248.875

Current CPI (Jun. 2024) = 132.5538.

Ford Otomotivnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 7.882 100.428 10.403
201412 7.849 99.070 10.502
201503 7.926 99.621 10.546
201506 8.230 100.684 10.835
201509 8.096 100.392 10.690
201512 8.720 99.792 11.583
201603 8.300 100.470 10.950
201606 9.079 101.688 11.835
201609 9.399 101.861 12.231
201612 9.015 101.863 11.731
201703 8.474 102.862 10.920
201706 9.494 103.349 12.177
201709 10.368 104.136 13.197
201712 10.532 104.011 13.422
201803 9.197 105.290 11.579
201806 10.262 106.317 12.794
201809 9.748 106.507 12.132
201812 11.095 105.998 13.875
201903 9.949 107.251 12.296
201906 11.265 108.070 13.817
201909 13.160 108.329 16.103
201912 13.294 108.420 16.253
202003 11.448 108.902 13.934
202006 11.826 108.767 14.412
202009 13.602 109.815 16.419
202012 20.073 109.897 24.211
202103 17.236 111.754 20.444
202106 19.879 114.631 22.987
202109 25.660 115.734 29.389
202112 28.921 117.630 32.590
202203 23.639 121.301 25.832
202206 33.252 125.017 35.257
202209 44.567 125.227 47.175
202212 145.740 125.222 154.273
202303 62.872 127.348 65.442
202306 77.773 128.729 80.084
202309 115.433 129.860 117.828
202312 208.052 129.419 213.091
202403 256.231 131.776 257.743
202406 248.875 132.554 248.875

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.


Ford Otomotivnayi AS  (IST:FROTO) 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Related Terms

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


Ford Otomotivnayi AS Business Description

Traded in Other Exchanges
Address
Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS Headlines

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