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Marshall Boya VE Verniknayii AS (IST:MRSHL) Cyclically Adjusted PB Ratio : 102.24 (As of Jun. 20, 2024)


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What is Marshall Boya VE Verniknayii AS Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Marshall Boya VE Verniknayii AS's current share price is ₺1965.00. Marshall Boya VE Verniknayii AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₺19.22. Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio for today is 102.24.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:MRSHL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.96   Med: 37.95   Max: 181.42
Current: 102.25

During the past 12 years, Marshall Boya VE Verniknayii AS's highest Cyclically Adjusted PB Ratio was 181.42. The lowest was 17.96. And the median was 37.95.

IST:MRSHL's Cyclically Adjusted PB Ratio is ranked worse than
99.75% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs IST:MRSHL: 102.25

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.

Marshall Boya VE Verniknayii AS's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₺70.441. 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 ₺19.22 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marshall Boya VE Verniknayii AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Cyclically Adjusted PB Ratio Chart

Marshall Boya VE Verniknayii 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 - - 21.23 32.19 95.90

Marshall Boya VE Verniknayii AS Semi-Annual Data
Dec09 Dec10 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 Premium Member Only Premium Member Only - - 21.23 32.19 95.90

Competitive Comparison of Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.


Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio falls into.



Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1965.00/19.22
=102.24

* 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.

Marshall Boya VE Verniknayii AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Marshall Boya VE Verniknayii AS's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=70.441/129.4194*129.4194
=70.441

Current CPI (Dec23) = 129.4194.

Marshall Boya VE Verniknayii AS Annual Data

Book Value per Share CPI Adj_Book
201412 10.789 99.070 14.094
201512 10.616 99.792 13.768
201612 10.834 101.863 13.765
201712 10.603 104.011 13.193
201812 6.537 105.998 7.981
201912 8.389 108.420 10.014
202012 10.476 109.897 12.337
202112 0.712 117.630 0.783
202212 34.641 125.222 35.802
202312 70.441 129.419 70.441

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.


Marshall Boya VE Verniknayii AS  (IST:MRSHL) 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.


Marshall Boya VE Verniknayii AS Cyclically Adjusted PB Ratio Related Terms

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


Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Traded in Other Exchanges
N/A
Address
Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455
Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

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