GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Vanet Gida Sanayi Ic ve Dis Ticaret AS (IST:VANGD) » Definitions » Cyclically Adjusted PB Ratio

Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) Cyclically Adjusted PB Ratio : 9.72 (As of Jun. 04, 2024)


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What is Vanet Gidanayi Ic ve Dis Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Vanet Gidanayi Ic ve Dis Ticaret AS's current share price is ₺18.95. Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was ₺1.95. Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio for today is 9.72.

The historical rank and industry rank for Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:VANGD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 2.86   Max: 10.27
Current: 10.27

During the past 13 years, Vanet Gidanayi Ic ve Dis Ticaret AS's highest Cyclically Adjusted PB Ratio was 10.27. The lowest was 2.03. And the median was 2.86.

IST:VANGD's Cyclically Adjusted PB Ratio is ranked worse than
92.79% of 222 companies
in the Retail - Defensive industry
Industry Median: 1.615 vs IST:VANGD: 10.27

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.

Vanet Gidanayi Ic ve Dis Ticaret AS's adjusted book value per share data of for the fiscal year that ended in Dec22 was ₺3.591. 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 ₺1.95 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanet Gidanayi Ic ve Dis Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vanet Gidanayi Ic ve Dis Ticaret 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.

Vanet Gidanayi Ic ve Dis Ticaret AS Cyclically Adjusted PB Ratio Chart

Vanet Gidanayi Ic ve Dis Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.86 4.96 2.75 3.13

Vanet Gidanayi Ic ve Dis Ticaret AS Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 3.13 - - -

Competitive Comparison of Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Vanet Gidanayi Ic ve Dis Ticaret 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.


Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Vanet Gidanayi Ic ve Dis Ticaret 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.

Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.95/1.95
=9.72

* 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.

Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Vanet Gidanayi Ic ve Dis Ticaret AS's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=3.591/125.2218*125.2218
=3.591

Current CPI (Dec22) = 125.2218.

Vanet Gidanayi Ic ve Dis Ticaret AS Annual Data

Book Value per Share CPI Adj_Book
201312 1.335 98.326 1.700
201412 1.427 99.070 1.804
201512 1.573 99.792 1.974
201612 1.228 101.863 1.510
201712 1.637 104.011 1.971
201812 1.550 105.998 1.831
201912 1.174 108.420 1.356
202012 1.432 109.897 1.632
202112 2.041 117.630 2.173
202212 3.591 125.222 3.591

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.


Vanet Gidanayi Ic ve Dis Ticaret AS  (IST:VANGD) 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.


Vanet Gidanayi Ic ve Dis Ticaret AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Vanet Gidanayi Ic ve Dis Ticaret AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) Business Description

Traded in Other Exchanges
N/A
Address
Re?adiye Caddesi, Cumhuriyet Köyü No-18, Beykoz, Istanbul, TUR
Vanet Gida Sanayi Ic ve Dis Ticaret A.S. a supplier of various meat and deli products. Its products include meat carcass, turkey products, sausage, pastrami, ham, tripe, and a range of other meat products.

Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) Headlines

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