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Hektas Ticaret AS (IST:HEKTS) Cyclically Adjusted PB Ratio : 8.91 (As of Jun. 03, 2025)


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What is Hektas Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Hektas Ticaret AS's current share price is ₺3.03. Hektas Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺0.34. Hektas Ticaret AS's Cyclically Adjusted PB Ratio for today is 8.91.

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

IST:HEKTS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 9.09   Med: 39.66   Max: 312.32
Current: 9.22

During the past years, Hektas Ticaret AS's highest Cyclically Adjusted PB Ratio was 312.32. The lowest was 9.09. And the median was 39.66.

IST:HEKTS's Cyclically Adjusted PB Ratio is ranked worse than
95.16% of 186 companies
in the Agriculture industry
Industry Median: 1.635 vs IST:HEKTS: 9.22

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.

Hektas Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2025 was ₺1.724. 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 ₺0.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hektas Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hektas 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.

Hektas Ticaret AS Cyclically Adjusted PB Ratio Chart

Hektas Ticaret 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 19.05 47.85 167.80 45.63 13.42

Hektas Ticaret AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 31.92 20.95 18.05 13.42 9.85

Competitive Comparison of Hektas Ticaret AS's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Hektas 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.


Hektas Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hektas Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Hektas 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.

Hektas Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.03/0.34
=8.91

* 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.

Hektas Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hektas Ticaret 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)
=1.724/134.9266*134.9266
=1.724

Current CPI (Mar. 2025) = 134.9266.

Hektas Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.011 100.684 0.015
201509 0.011 100.392 0.015
201512 0.011 99.792 0.015
201603 0.011 100.470 0.015
201606 0.012 101.688 0.016
201609 0.012 101.861 0.016
201612 0.012 101.863 0.016
201703 0.012 102.862 0.016
201706 0.013 103.349 0.017
201709 0.013 104.136 0.017
201712 0.014 104.011 0.018
201803 0.018 105.290 0.023
201806 0.021 106.317 0.027
201809 0.022 106.507 0.028
201812 0.024 105.998 0.031
201903 0.026 107.251 0.033
201906 0.029 108.070 0.036
201909 0.027 108.329 0.034
201912 0.043 108.420 0.054
202003 0.049 108.902 0.061
202006 0.049 108.767 0.061
202009 0.053 109.815 0.065
202012 0.067 109.897 0.082
202103 0.066 111.754 0.080
202106 0.102 114.631 0.120
202109 0.150 115.734 0.175
202112 0.170 117.630 0.195
202203 0.191 121.301 0.212
202206 0.259 125.017 0.280
202209 0.285 125.227 0.307
202212 1.182 125.222 1.274
202303 0.503 127.348 0.533
202306 0.478 128.729 0.501
202309 0.514 129.860 0.534
202312 1.549 129.419 1.615
202403 1.156 131.776 1.184
202406 1.150 132.554 1.171
202409 1.119 133.029 1.135
202412 1.634 133.157 1.656
202503 1.724 134.927 1.724

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.


Hektas Ticaret AS  (IST:HEKTS) 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.


Hektas Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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


Hektas Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480
Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

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