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Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) Cyclically Adjusted PB Ratio : 1.91 (As of May. 29, 2025)


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What is Sinpas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Sinpas Gayrimenkul Yatirim Ortakligi AS's current share price is ₺3.41. Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₺1.79. Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is 1.91.

The historical rank and industry rank for Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:SNGYO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.73   Max: 5.75
Current: 2.01

During the past years, Sinpas Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PB Ratio was 5.75. The lowest was 0.04. And the median was 1.73.

IST:SNGYO's Cyclically Adjusted PB Ratio is ranked worse than
87.86% of 519 companies
in the REITs industry
Industry Median: 0.8 vs IST:SNGYO: 2.01

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.

Sinpas Gayrimenkul Yatirim Ortakligi AS's adjusted book value per share data for the three months ended in Dec. 2024 was ₺9.811. 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 ₺1.79 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinpas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sinpas Gayrimenkul Yatirim Ortakligi 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.

Sinpas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Chart

Sinpas Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 2.44 2.27 1.07 1.75

Sinpas Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.07 1.34 1.47 1.90 1.75

Competitive Comparison of Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio

For the REIT - Residential subindustry, Sinpas Gayrimenkul Yatirim Ortakligi 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.


Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.


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Sinpas Gayrimenkul Yatirim Ortakligi 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.

Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.41/1.79
=1.91

* 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.

Sinpas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Sinpas Gayrimenkul Yatirim Ortakligi AS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=9.811/133.1571*133.1571
=9.811

Current CPI (Dec. 2024) = 133.1571.

Sinpas Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.423 99.621 0.565
201506 0.405 100.684 0.536
201509 0.393 100.392 0.521
201512 0.384 99.792 0.512
201603 0.384 100.470 0.509
201606 0.379 101.688 0.496
201609 0.374 101.861 0.489
201612 0.356 101.863 0.465
201703 0.350 102.862 0.453
201706 0.348 103.349 0.448
201709 0.355 104.136 0.454
201712 0.310 104.011 0.397
201803 0.419 105.290 0.530
201806 0.449 106.317 0.562
201809 0.004 106.507 0.005
201812 0.088 105.998 0.111
201903 0.086 107.251 0.107
201906 0.079 108.070 0.097
201909 0.099 108.329 0.122
201912 0.141 108.420 0.173
202003 0.113 108.902 0.138
202006 0.026 108.767 0.032
202009 0.021 109.815 0.025
202012 0.179 109.897 0.217
202103 0.455 111.754 0.542
202106 0.485 114.631 0.563
202109 0.628 115.734 0.723
202112 1.091 117.630 1.235
202203 1.142 121.301 1.254
202206 1.148 125.017 1.223
202209 0.842 125.227 0.895
202212 5.604 125.222 5.959
202303 2.457 127.348 2.569
202306 2.386 128.729 2.468
202309 2.430 129.860 2.492
202312 9.185 129.419 9.450
202403 7.521 131.776 7.600
202406 8.095 132.554 8.132
202409 8.800 133.029 8.808
202412 9.811 133.157 9.811

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.


Sinpas Gayrimenkul Yatirim Ortakligi AS  (IST:SNGYO) 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.


Sinpas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Related Terms

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Sinpas Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Sinpa? plaza, dikilita? mahallesi, Yenido?an Sokak no: 36, Be?ikta?, Istanbul, TUR, 34349
Sinpas Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust company. It is engaged in the development of various real estate projects to builds houses and commercial building under themed projects. The company invests in Istanbul, Ankara, Bursa, and Marmaris. Its projects portfolio includes GOKORMAN, QUEEN BOMONTI, MEYROLIFE, BURSA MODERN, ANKARA POLATI and ISTANBUL-BEYKOZ.

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