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Turk Telekomunikasyon AS (IST:TTKOM) Cyclically Adjusted PB Ratio : 9.04 (As of Sep. 25, 2024)


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What is Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Turk Telekomunikasyon AS's current share price is ₺52.45. Turk Telekomunikasyon AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₺5.80. Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio for today is 9.04.

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

IST:TTKOM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 4.43   Max: 10.14
Current: 8.86

During the past years, Turk Telekomunikasyon AS's highest Cyclically Adjusted PB Ratio was 10.14. The lowest was 2.35. And the median was 4.43.

IST:TTKOM's Cyclically Adjusted PB Ratio is ranked worse than
94.12% of 272 companies
in the Telecommunication Services industry
Industry Median: 1.515 vs IST:TTKOM: 8.86

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.

Turk Telekomunikasyon AS's adjusted book value per share data for the three months ended in Jun. 2024 was ₺35.229. 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 ₺5.80 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Chart

Turk Telekomunikasyon 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 4.42 4.62 4.39 8.20 5.93

Turk Telekomunikasyon 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 6.37 6.75 5.93 6.14 8.33

Competitive Comparison of Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Turk Telekomunikasyon 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.


Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.45/5.8
=9.04

* 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.

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

For example, Turk Telekomunikasyon 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)
=35.229/132.5538*132.5538
=35.229

Current CPI (Jun. 2024) = 132.5538.

Turk Telekomunikasyon AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.647 100.428 2.174
201412 1.801 99.070 2.410
201503 1.256 99.621 1.671
201506 1.308 100.684 1.722
201509 1.132 100.392 1.495
201512 1.427 99.792 1.895
201603 1.515 100.470 1.999
201606 1.330 101.688 1.734
201609 1.341 101.861 1.745
201612 0.968 101.863 1.260
201703 0.992 102.862 1.278
201706 1.241 103.349 1.592
201709 1.328 104.136 1.690
201712 1.301 104.011 1.658
201803 1.419 105.290 1.786
201806 1.164 106.317 1.451
201809 1.578 106.507 1.964
201812 2.130 105.998 2.664
201903 2.255 107.251 2.787
201906 2.279 108.070 2.795
201909 2.567 108.329 3.141
201912 2.698 108.420 3.299
202003 2.842 108.902 3.459
202006 3.060 108.767 3.729
202009 3.064 109.815 3.698
202012 3.439 109.897 4.148
202103 3.227 111.754 3.828
202106 3.566 114.631 4.124
202109 4.362 115.734 4.996
202112 4.071 117.630 4.588
202203 2.981 121.301 3.258
202206 3.444 125.017 3.652
202209 5.558 125.227 5.883
202212 23.083 125.222 24.435
202303 5.725 127.348 5.959
202306 5.723 128.729 5.893
202309 9.272 129.860 9.464
202312 28.083 129.419 28.763
202403 32.441 131.776 32.632
202406 35.229 132.554 35.229

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.


Turk Telekomunikasyon AS  (IST:TTKOM) 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.


Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Related Terms

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


Turk Telekomunikasyon AS Business Description

Traded in Other Exchanges
Address
Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103
Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. From a product perspective, revenue comes from mobile and broadband products, which are typically offered on a subscription basis. Within mobile, however, there is roughly an even split between postpaid and prepaid customers. Additionally, Turk Telekomunikasyon owns mobile and fiber infrastructure. The company generates the vast majority of its revenue in Turkey.

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