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GSD Holding AS (IST:GSDHO) Cyclically Adjusted PB Ratio : 1.72 (As of May. 22, 2024)


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What is GSD Holding AS Cyclically Adjusted PB Ratio?

As of today (2024-05-22), GSD Holding AS's current share price is ₺4.31. GSD Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺2.50. GSD Holding AS's Cyclically Adjusted PB Ratio for today is 1.72.

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

IST:GSDHO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 1.01   Max: 2.67
Current: 1.71

During the past years, GSD Holding AS's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.02. And the median was 1.01.

IST:GSDHO's Cyclically Adjusted PB Ratio is ranked worse than
63.3% of 703 companies
in the Transportation industry
Industry Median: 1.26 vs IST:GSDHO: 1.71

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.

GSD Holding AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺7.262. 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 ₺2.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSD Holding AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GSD Holding 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.

GSD Holding AS Cyclically Adjusted PB Ratio Chart

GSD Holding 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 0.72 1.09 1.04 2.28 1.43

GSD Holding AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.28 1.49 1.50 2.09 1.43

Competitive Comparison of GSD Holding AS's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, GSD Holding 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.


GSD Holding AS's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GSD Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GSD Holding 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.

GSD Holding AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.31/2.5
=1.72

* 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.

GSD Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, GSD Holding AS's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.262/129.4194*129.4194
=7.262

Current CPI (Dec. 2023) = 129.4194.

GSD Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.633 99.695 0.822
201406 0.638 100.560 0.821
201409 0.638 100.428 0.822
201412 0.639 99.070 0.835
201503 0.640 99.621 0.831
201506 0.769 100.684 0.988
201509 0.851 100.392 1.097
201512 0.807 99.792 1.047
201603 0.792 100.470 1.020
201606 0.748 101.688 0.952
201609 0.758 101.861 0.963
201612 0.848 101.863 1.077
201703 0.893 102.862 1.124
201706 0.873 103.349 1.093
201709 0.886 104.136 1.101
201712 0.931 104.011 1.158
201803 1.227 105.290 1.508
201806 1.402 106.317 1.707
201809 1.768 106.507 2.148
201812 1.625 105.998 1.984
201903 1.736 107.251 2.095
201906 1.788 108.070 2.141
201909 1.791 108.329 2.140
201912 1.881 108.420 2.245
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 2.136 109.815 2.517
202012 1.909 109.897 2.248
202103 2.073 111.754 2.401
202106 2.158 114.631 2.436
202109 2.310 115.734 2.583
202112 3.063 117.630 3.370
202203 3.448 121.301 3.679
202206 4.045 125.017 4.187
202209 4.548 125.227 4.700
202212 8.601 125.222 8.889
202303 5.324 127.348 5.411
202306 6.700 128.729 6.736
202309 6.786 129.860 6.763
202312 7.262 129.419 7.262

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.


GSD Holding AS  (IST:GSDHO) 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.


GSD Holding AS Cyclically Adjusted PB Ratio Related Terms

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


GSD Holding AS (IST:GSDHO) Business Description

Traded in Other Exchanges
N/A
Address
Aydinevler Mahallesi, Captan Rifat Sokak Number 3, Kucukyali, Maltepe, Istanbul, TUR, 34854
GSD Holding AS operates in finance, marine, and energy sectors through its subsidiaries in Turkey. Its primary functions are to establish, execute, and evaluate the medium-term goals and targets for its subsidiaries and affiliated companies, and to coordinate their activities.

GSD Holding AS (IST:GSDHO) Headlines

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