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Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) Cyclically Adjusted PB Ratio : 4.74 (As of Jun. 09, 2024)


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What is Koza Anadolu Metal Madencilik Isletmeleri AS Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Koza Anadolu Metal Madencilik Isletmeleri AS's current share price is ₺48.68. Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺10.27. Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio for today is 4.74.

The historical rank and industry rank for Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:KOZAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 3.59   Max: 7.69
Current: 4.74

During the past years, Koza Anadolu Metal Madencilik Isletmeleri AS's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 1.65. And the median was 3.59.

IST:KOZAA's Cyclically Adjusted PB Ratio is ranked worse than
89.19% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs IST:KOZAA: 4.74

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.

Koza Anadolu Metal Madencilik Isletmeleri AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺33.950. 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 ₺10.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koza Anadolu Metal Madencilik Isletmeleri AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koza Anadolu Metal Madencilik Isletmeleri 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.

Koza Anadolu Metal Madencilik Isletmeleri AS Cyclically Adjusted PB Ratio Chart

Koza Anadolu Metal Madencilik Isletmeleri 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 2.43 3.27 3.02 6.65 4.13

Koza Anadolu Metal Madencilik Isletmeleri 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 6.65 4.29 5.74 6.94 4.13

Competitive Comparison of Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Koza Anadolu Metal Madencilik Isletmeleri 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.


Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio falls into.



Koza Anadolu Metal Madencilik Isletmeleri 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.

Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.68/10.27
=4.74

* 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.

Koza Anadolu Metal Madencilik Isletmeleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koza Anadolu Metal Madencilik Isletmeleri 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)
=33.95/129.4194*129.4194
=33.950

Current CPI (Dec. 2023) = 129.4194.

Koza Anadolu Metal Madencilik Isletmeleri AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.511 99.695 4.558
201406 3.567 100.560 4.591
201409 3.659 100.428 4.715
201412 3.724 99.070 4.865
201503 3.788 99.621 4.921
201506 3.778 100.684 4.856
201509 3.876 100.392 4.997
201512 3.576 99.792 4.638
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 3.742 101.863 4.754
201703 3.849 102.862 4.843
201706 3.989 103.349 4.995
201709 4.128 104.136 5.130
201712 4.180 104.011 5.201
201803 4.236 105.290 5.207
201806 4.623 106.317 5.628
201809 5.120 106.507 6.221
201812 5.360 105.998 6.544
201903 5.776 107.251 6.970
201906 6.269 108.070 7.507
201909 6.852 108.329 8.186
201912 7.414 108.420 8.850
202003 7.799 108.902 9.268
202006 8.316 108.767 9.895
202009 8.883 109.815 10.469
202012 9.202 109.897 10.837
202103 10.082 111.754 11.676
202106 11.058 114.631 12.485
202109 11.569 115.734 12.937
202112 12.446 117.630 13.693
202203 13.468 121.301 14.369
202206 14.095 125.017 14.591
202209 15.446 125.227 15.963
202212 35.175 125.222 36.354
202303 16.947 127.348 17.223
202306 18.139 128.729 18.236
202309 19.912 129.860 19.845
202312 33.950 129.419 33.950

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.


Koza Anadolu Metal Madencilik Isletmeleri AS  (IST:KOZAA) 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.


Koza Anadolu Metal Madencilik Isletmeleri AS Cyclically Adjusted PB Ratio Related Terms

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Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) Business Description

Traded in Other Exchanges
N/A
Address
?stanbul Yolu, 10.km No:310, Ankara, Cankaya, Batikent, TUR
Koza Anadolu Metal Madencilik Isletmeleri AS operates in the mining sector in Turkey. The firm engages in the development and exploration of copper, lead-zinc, iron and similar mineral mining reserves. It holds interests in the Balikesir-Sagirlar Project, Çiftehan-Esendemir Project, Çiftehan-Elmali Project, Konak Project, Diyarbakir-Çüngüs Project, and Batman-Sason Project.

Koza Anadolu Metal Madencilik Isletmeleri AS (IST:KOZAA) Headlines

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