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Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Cyclically Adjusted PB Ratio : 11.77 (As of May. 25, 2024)


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What is Oyak Cmento Fabrikalari Anonim Sirketi Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Oyak Cmento Fabrikalari Anonim Sirketi's current share price is ₺63.55. Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺5.40. Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio for today is 11.77.

The historical rank and industry rank for Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:OYAKC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.86   Med: 3.31   Max: 17.2
Current: 11.84

During the past years, Oyak Cmento Fabrikalari Anonim Sirketi's highest Cyclically Adjusted PB Ratio was 17.20. The lowest was 1.86. And the median was 3.31.

IST:OYAKC's Cyclically Adjusted PB Ratio is ranked worse than
95.7% of 302 companies
in the Building Materials industry
Industry Median: 1.09 vs IST:OYAKC: 11.84

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.

Oyak Cmento Fabrikalari Anonim Sirketi's adjusted book value per share data for the three months ended in Dec. 2023 was ₺21.391. 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 ₺5.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oyak Cmento Fabrikalari Anonim Sirketi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oyak Cmento Fabrikalari Anonim Sirketi'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.

Oyak Cmento Fabrikalari Anonim Sirketi Cyclically Adjusted PB Ratio Chart

Oyak Cmento Fabrikalari Anonim Sirketi 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 - 2.63 2.15 4.94 10.27

Oyak Cmento Fabrikalari Anonim Sirketi Quarterly Data
Dec18 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 4.94 7.37 8.96 16.31 10.27

Competitive Comparison of Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Oyak Cmento Fabrikalari Anonim Sirketi'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.


Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio falls into.



Oyak Cmento Fabrikalari Anonim Sirketi 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.

Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.55/5.4
=11.77

* 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.

Oyak Cmento Fabrikalari Anonim Sirketi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Oyak Cmento Fabrikalari Anonim Sirketi'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)
=21.391/129.4194*129.4194
=21.391

Current CPI (Dec. 2023) = 129.4194.

Oyak Cmento Fabrikalari Anonim Sirketi Quarterly Data

Book Value per Share CPI Adj_Book
201206 1.903 96.819 2.544
201209 1.972 97.633 2.614
201212 2.053 96.871 2.743
201303 1.776 98.209 2.340
201306 1.909 98.518 2.508
201309 2.076 98.790 2.720
201312 2.214 98.326 2.914
201403 1.876 99.695 2.435
201406 2.062 100.560 2.654
201409 2.177 100.428 2.805
201412 2.289 99.070 2.990
201503 1.815 99.621 2.358
201506 1.941 100.684 2.495
201509 2.067 100.392 2.665
201512 2.322 99.792 3.011
201603 1.874 100.470 2.414
201606 1.942 101.688 2.472
201609 2.023 101.861 2.570
201612 2.304 101.863 2.927
201712 2.481 104.011 3.087
201812 21.027 105.998 25.673
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 18.356 108.420 21.911
202003 0.000 108.902 0.000
202006 1.655 108.767 1.969
202009 1.792 109.815 2.112
202012 1.968 109.897 2.318
202103 2.081 111.754 2.410
202106 2.209 114.631 2.494
202109 2.340 115.734 2.617
202112 8.679 117.630 9.549
202203 2.758 121.301 2.943
202206 3.296 125.017 3.412
202209 3.889 125.227 4.019
202212 16.035 125.222 16.573
202303 7.227 127.348 7.345
202306 8.784 128.729 8.831
202309 11.061 129.860 11.024
202312 21.391 129.419 21.391

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.


Oyak Cmento Fabrikalari Anonim Sirketi  (IST:OYAKC) 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.


Oyak Cmento Fabrikalari Anonim Sirketi Cyclically Adjusted PB Ratio Related Terms

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Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Business Description

Traded in Other Exchanges
N/A
Address
Cukurambar Mahallesi 1480, Sokak No: 2A/56, Cankaya-Ankara, Ordu, TUR
Oyak Cmento Fabrikalari Anonim Sirketi is engaged in the manufacture and sale of cement and clinker. The company's product portfolio encompasses various types of cement and clinker, such as Portland cement, pozzolanic cement, Portland composite cement, sulfate resistant cement and petroleum cement.

Oyak Cmento Fabrikalari Anonim Sirketi (IST:OYAKC) Headlines

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