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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Cyclically Adjusted PB Ratio : 16.21 (As of May. 25, 2024)


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What is Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Logo Yazilimnayi ve Ticaret AS's current share price is ₺91.45. Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺5.64. Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 16.21.

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

IST:LOGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.86   Med: 15.54   Max: 22.07
Current: 16.4

During the past years, Logo Yazilimnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 22.07. The lowest was 8.86. And the median was 15.54.

IST:LOGO's Cyclically Adjusted PB Ratio is ranked worse than
93.95% of 1355 companies
in the Software industry
Industry Median: 2.61 vs IST:LOGO: 16.40

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.

Logo Yazilimnayi ve Ticaret AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺21.862. 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 ₺5.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logo Yazilimnayi ve 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.

Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Logo Yazilimnayi ve Ticaret 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 - 16.15 16.11 17.40 13.10

Logo Yazilimnayi ve Ticaret 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 17.40 15.14 13.94 15.67 13.10

Competitive Comparison of Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Logo Yazilimnayi ve 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.


Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Logo Yazilimnayi ve 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.

Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.45/5.64
=16.21

* 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.

Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Logo Yazilimnayi ve Ticaret 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)
=21.862/129.4194*129.4194
=21.862

Current CPI (Dec. 2023) = 129.4194.

Logo Yazilimnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.667 99.695 0.866
201406 0.771 100.560 0.992
201409 0.823 100.428 1.061
201412 0.882 99.070 1.152
201503 0.950 99.621 1.234
201506 0.904 100.684 1.162
201509 1.105 100.392 1.425
201512 1.116 99.792 1.447
201603 1.277 100.470 1.645
201606 1.429 101.688 1.819
201609 1.580 101.861 2.007
201612 1.654 101.863 2.101
201703 1.704 102.862 2.144
201706 1.849 103.349 2.315
201709 2.018 104.136 2.508
201712 2.145 104.011 2.669
201803 2.385 105.290 2.932
201806 2.624 106.317 3.194
201809 3.022 106.507 3.672
201812 3.048 105.998 3.721
201903 3.169 107.251 3.824
201906 3.437 108.070 4.116
201909 3.573 108.329 4.269
201912 3.823 108.420 4.563
202003 4.017 108.902 4.774
202006 4.394 108.767 5.228
202009 4.975 109.815 5.863
202012 5.204 109.897 6.128
202103 5.884 111.754 6.814
202106 6.382 114.631 7.205
202109 6.765 115.734 7.565
202112 7.866 117.630 8.654
202203 8.847 121.301 9.439
202206 9.291 125.017 9.618
202209 10.383 125.227 10.731
202212 23.485 125.222 24.272
202303 11.863 127.348 12.056
202306 13.779 128.729 13.853
202309 14.863 129.860 14.813
202312 21.862 129.419 21.862

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.


Logo Yazilimnayi ve Ticaret AS  (IST:LOGO) 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.


Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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


Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

Traded in Other Exchanges
N/A
Address
Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400
Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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