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Netas Telekomuenikasyon AS (IST:NETAS) Cyclically Adjusted PB Ratio : 11.41 (As of Sep. 21, 2024)


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What is Netas Telekomuenikasyon AS Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Netas Telekomuenikasyon AS's current share price is ₺92.00. Netas Telekomuenikasyon AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₺8.06. Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio for today is 11.41.

The historical rank and industry rank for Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:NETAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.39   Max: 12.08
Current: 11.16

During the past years, Netas Telekomuenikasyon AS's highest Cyclically Adjusted PB Ratio was 12.08. The lowest was 0.85. And the median was 2.39.

IST:NETAS's Cyclically Adjusted PB Ratio is ranked worse than
96.45% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs IST:NETAS: 11.16

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.

Netas Telekomuenikasyon AS's adjusted book value per share data for the three months ended in Jun. 2024 was ₺1.016. 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 ₺8.06 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netas Telekomuenikasyon AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS Cyclically Adjusted PB Ratio Chart

Netas Telekomuenikasyon 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 1.78 3.67 2.03 5.07 5.11

Netas Telekomuenikasyon AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.35 6.74 5.11 10.75 8.68

Competitive Comparison of Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Netas Telekomuenikasyon 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.


Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.00/8.06
=11.41

* 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.

Netas Telekomuenikasyon AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Netas Telekomuenikasyon AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.016/132.5538*132.5538
=1.016

Current CPI (Jun. 2024) = 132.5538.

Netas Telekomuenikasyon AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 4.693 100.428 6.194
201412 4.978 99.070 6.660
201503 5.682 99.621 7.560
201506 5.814 100.684 7.654
201509 6.892 100.392 9.100
201512 6.740 99.792 8.953
201603 6.544 100.470 8.634
201606 6.769 101.688 8.824
201609 6.924 101.861 9.010
201612 8.474 101.863 11.027
201703 8.783 102.862 11.318
201706 8.573 103.349 10.996
201709 8.618 104.136 10.970
201712 8.549 104.011 10.895
201803 9.692 105.290 12.202
201806 10.795 106.317 13.459
201809 13.339 106.507 16.601
201812 9.522 105.998 11.908
201903 13.167 107.251 16.273
201906 12.380 108.070 15.185
201909 11.898 108.329 14.559
201912 8.262 108.420 10.101
202003 8.432 108.902 10.263
202006 9.155 108.767 11.157
202009 10.596 109.815 12.790
202012 9.020 109.897 10.880
202103 10.184 111.754 12.079
202106 9.027 114.631 10.438
202109 8.433 115.734 9.659
202112 0.569 117.630 0.641
202203 -0.194 121.301 -0.212
202206 0.516 125.017 0.547
202209 0.071 125.227 0.075
202212 0.207 125.222 0.219
202303 -1.135 127.348 -1.181
202306 0.120 128.729 0.124
202309 -0.086 129.860 -0.088
202312 3.356 129.419 3.437
202403 2.591 131.776 2.606
202406 1.016 132.554 1.016

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.


Netas Telekomuenikasyon AS  (IST:NETAS) 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.


Netas Telekomuenikasyon AS Cyclically Adjusted PB Ratio Related Terms

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


Netas Telekomuenikasyon AS Business Description

Traded in Other Exchanges
N/A
Address
Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912
Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

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