GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kutahya Porselen Sanayii AS (IST:KUTPO) » Definitions » Cyclically Adjusted PB Ratio

Kutahya Porselennayii AS (IST:KUTPO) Cyclically Adjusted PB Ratio : (As of May. 29, 2025)


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What is Kutahya Porselennayii AS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kutahya Porselennayii 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.

Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Chart

Kutahya Porselennayii 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 7.93 15.98 6.68 4.43 4.05

Kutahya Porselennayii 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 6.72 6.10 4.71 4.05 -

Competitive Comparison of Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Kutahya Porselennayii 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.


Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kutahya Porselennayii 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.

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

For example, Kutahya Porselennayii 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)
=92.717/134.9266*134.9266
=92.717

Current CPI (Mar. 2025) = 134.9266.

Kutahya Porselennayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.211 100.684 6.983
201509 5.367 100.392 7.213
201512 5.546 99.792 7.499
201603 5.681 100.470 7.629
201606 6.180 101.688 8.200
201609 6.401 101.861 8.479
201612 6.373 101.863 8.442
201703 6.264 102.862 8.217
201706 6.561 103.349 8.566
201709 6.965 104.136 9.024
201712 7.046 104.011 9.140
201803 7.249 105.290 9.289
201806 7.482 106.317 9.495
201809 7.731 106.507 9.794
201812 7.721 105.998 9.828
201903 7.850 107.251 9.876
201906 8.182 108.070 10.215
201909 8.215 108.329 10.232
201912 8.666 108.420 10.785
202003 8.614 108.902 10.673
202006 8.882 108.767 11.018
202009 9.034 109.815 11.100
202012 9.436 109.897 11.585
202103 9.538 111.754 11.516
202106 9.643 114.631 11.350
202109 9.702 115.734 11.311
202112 10.123 117.630 11.612
202203 11.098 121.301 12.345
202206 12.290 125.017 13.264
202209 13.561 125.227 14.611
202212 50.469 125.222 54.380
202303 14.930 127.348 15.819
202306 15.919 128.729 16.685
202309 17.463 129.860 18.144
202312 73.861 129.419 77.004
202403 60.377 131.776 61.820
202406 65.299 132.554 66.468
202409 73.176 133.029 74.220
202412 79.544 133.157 80.601
202503 92.717 134.927 92.717

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.


Kutahya Porselennayii AS  (IST:KUTPO) 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.


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Related Terms

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Kutahya Porselennayii AS Business Description

Traded in Other Exchanges
N/A
Address
Eskisehir Yolu 8 Km, Kutahya, TUR, 43001
Kutahya Porselen Sanayii AS is engaged in manufacturing porcelain tableware, decorative items and floor and wall tiles. Its products also include cardboard boxes, microwaveable cardboard boxes, adhesive paper and other packaging materials.

Kutahya Porselennayii AS Headlines

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