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Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 08, 2024)


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What is Metro Ticari ve Mali Yatirimlar AS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Metro Ticari ve Mali Yatirimlar AS's current share price is ₺2.69. Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺3.74. Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio for today is 0.72.

The historical rank and industry rank for Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:METRO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.55   Max: 0.96
Current: 0.76

During the past years, Metro Ticari ve Mali Yatirimlar AS's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.33. And the median was 0.55.

IST:METRO's Cyclically Adjusted PB Ratio is ranked better than
72.68% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs IST:METRO: 0.76

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.

Metro Ticari ve Mali Yatirimlar AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺5.857. 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 ₺3.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metro Ticari ve Mali Yatirimlar AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metro Ticari ve Mali Yatirimlar 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.

Metro Ticari ve Mali Yatirimlar AS Cyclically Adjusted PB Ratio Chart

Metro Ticari ve Mali Yatirimlar 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 0.55 0.80 0.51 0.67 0.59

Metro Ticari ve Mali Yatirimlar 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 0.67 0.50 0.50 0.70 0.59

Competitive Comparison of Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Metro Ticari ve Mali Yatirimlar 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.


Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio falls into.



Metro Ticari ve Mali Yatirimlar 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.

Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.69/3.74
=0.72

* 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.

Metro Ticari ve Mali Yatirimlar AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Metro Ticari ve Mali Yatirimlar 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)
=5.857/129.4194*129.4194
=5.857

Current CPI (Dec. 2023) = 129.4194.

Metro Ticari ve Mali Yatirimlar AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 3.191 99.070 4.169
201503 2.842 99.621 3.692
201506 2.731 100.684 3.510
201509 2.654 100.392 3.421
201512 2.773 99.792 3.596
201603 2.721 100.470 3.505
201606 2.664 101.688 3.390
201609 2.645 101.861 3.361
201612 2.843 101.863 3.612
201703 2.863 102.862 3.602
201706 2.846 103.349 3.564
201709 2.732 104.136 3.395
201712 3.186 104.011 3.964
201803 3.509 105.290 4.313
201806 3.148 106.317 3.832
201809 2.963 106.507 3.600
201812 1.881 105.998 2.297
201903 1.866 107.251 2.252
201906 0.000 108.070 0.000
201909 1.989 108.329 2.376
201912 2.346 108.420 2.800
202003 2.187 108.902 2.599
202006 2.412 108.767 2.870
202009 2.627 109.815 3.096
202012 3.007 109.897 3.541
202103 2.888 111.754 3.345
202106 2.764 114.631 3.121
202109 0.888 115.734 0.993
202112 2.876 117.630 3.164
202203 2.886 121.301 3.079
202206 3.392 125.017 3.511
202209 3.444 125.227 3.559
202212 9.724 125.222 10.050
202303 5.759 127.348 5.853
202306 5.814 128.729 5.845
202309 6.062 129.860 6.041
202312 5.857 129.419 5.857

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.


Metro Ticari ve Mali Yatirimlar AS  (IST:METRO) 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.


Metro Ticari ve Mali Yatirimlar AS Cyclically Adjusted PB Ratio Related Terms

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


Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Business Description

Traded in Other Exchanges
N/A
Address
Resadiye Street, Cumhuriyet Village No: 18, Beykoz, Istanbul, TUR
Metro Ticari ve Mali Yatirimlar AS is engaged in processing food. It slaughters cattle and fowl and produces fresh meats and delicattessen meats.

Metro Ticari ve Mali Yatirimlar AS (IST:METRO) Headlines

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