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Verusaturk Girisim Sermayesi Yatirim Ortakligi AS (IST:VERTU) Cyclically Adjusted PB Ratio : 1.68 (As of Dec. 11, 2024)


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What is Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's current share price is ₺39.14. Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₺23.32. Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is 1.68.

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

IST:VERTU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 1.67   Max: 1.73
Current: 1.69

During the past years, Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 1.61. And the median was 1.67.

IST:VERTU's Cyclically Adjusted PB Ratio is ranked worse than
82.71% of 931 companies
in the Asset Management industry
Industry Median: 0.8 vs IST:VERTU: 1.69

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.

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's adjusted book value per share data for the three months ended in Sep. 2024 was ₺70.264. 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 ₺23.32 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Verusaturk Girisim Sermayesi 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.

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Chart

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 1.79

Competitive Comparison of Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Verusaturk Girisim Sermayesi 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.


Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.



Verusaturk Girisim Sermayesi 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.

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.14/23.32
=1.68

* 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.

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Verusaturk Girisim Sermayesi Yatirim Ortakligi AS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=70.264/133.0289*133.0289
=70.264

Current CPI (Sep. 2024) = 133.0289.

Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.138 99.070 1.528
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 2.390 99.792 3.186
201603 2.494 100.470 3.302
201606 2.513 101.688 3.288
201609 2.429 101.861 3.172
201612 2.525 101.863 3.298
201703 2.549 102.862 3.297
201706 2.556 103.349 3.290
201709 2.439 104.136 3.116
201712 2.831 104.011 3.621
201803 2.834 105.290 3.581
201806 2.853 106.317 3.570
201809 3.105 106.507 3.878
201812 3.129 105.998 3.927
201903 3.147 107.251 3.903
201906 3.140 108.070 3.865
201909 3.210 108.329 3.942
201912 3.493 108.420 4.286
202003 3.445 108.902 4.208
202006 3.776 108.767 4.618
202009 4.827 109.815 5.847
202012 7.137 109.897 8.639
202103 13.388 111.754 15.937
202106 15.208 114.631 17.649
202109 19.094 115.734 21.947
202112 29.114 117.630 32.925
202203 32.177 121.301 35.288
202206 41.646 125.017 44.315
202209 37.369 125.227 39.697
202212 117.880 125.222 125.229
202303 67.826 127.348 70.852
202306 46.599 128.729 48.156
202309 57.850 129.860 59.262
202312 52.226 129.419 53.683
202403 69.387 131.776 70.047
202406 71.828 132.554 72.085
202409 70.264 133.029 70.264

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.


Verusaturk Girisim Sermayesi Yatirim Ortakligi AS  (IST:VERTU) 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.


Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Related Terms

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


Verusaturk Girisim Sermayesi Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Eski Buyukdere Caddesi, Ayazaga Yolu ?zmir Plaza No: 9, Kat: 14 D, Maslak, Istanbul, TUR, 49-50 34398
Verusaturk Girisim Sermayesi Yatirim Ortakligi AS is a venture capital company.

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