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Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Cyclically Adjusted PB Ratio : 3.82 (As of Jun. 24, 2024)


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What is Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Turkiye Sise ve Cam Fabrikalari AS's current share price is $24.17. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.33. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio for today is 3.82.

The historical rank and industry rank for Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

TKKYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.92   Max: 6.74
Current: 4.03

During the past years, Turkiye Sise ve Cam Fabrikalari AS's highest Cyclically Adjusted PB Ratio was 6.74. The lowest was 0.08. And the median was 1.92.

TKKYY's Cyclically Adjusted PB Ratio is ranked worse than
80.76% of 1216 companies
in the Chemicals industry
Industry Median: 1.645 vs TKKYY: 4.03

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.

Turkiye Sise ve Cam Fabrikalari AS's adjusted book value per share data for the three months ended in Mar. 2024 was $15.973. 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 $6.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Chart

Turkiye Sise ve Cam Fabrikalari 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 1.58 1.87 2.70 5.75 4.28

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.19 5.00 5.65 4.28 3.82

Competitive Comparison of Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio falls into.



Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.17/6.33
=3.82

* 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.

Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Turkiye Sise ve Cam Fabrikalari AS's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.973/131.7762*131.7762
=15.973

Current CPI (Mar. 2024) = 131.7762.

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.948 100.560 14.347
201409 11.477 100.428 15.060
201412 11.025 99.070 14.665
201503 10.030 99.621 13.267
201506 9.039 100.684 11.830
201509 9.088 100.392 11.929
201512 11.364 99.792 15.006
201603 11.461 100.470 15.032
201606 10.942 101.688 14.180
201609 11.995 101.861 15.518
201612 10.863 101.863 14.053
201703 10.694 102.862 13.700
201706 11.353 103.349 14.476
201709 12.000 104.136 15.185
201712 11.376 104.011 14.413
201803 11.593 105.290 14.509
201806 10.501 106.317 13.016
201809 9.218 106.507 11.405
201812 10.613 105.998 13.194
201903 10.702 107.251 13.149
201906 10.566 108.070 12.884
201909 10.688 108.329 13.001
201912 11.106 108.420 13.498
202003 10.137 108.902 12.266
202006 9.960 108.767 12.067
202009 9.458 109.815 11.349
202012 9.395 109.897 11.265
202103 10.133 111.754 11.948
202106 9.736 114.631 11.192
202109 10.323 115.734 11.754
202112 9.584 117.630 10.737
202203 9.610 121.301 10.440
202206 10.295 125.017 10.852
202209 10.544 125.227 11.095
202212 24.986 125.222 26.294
202303 13.143 127.348 13.600
202306 12.341 128.729 12.633
202309 11.362 129.860 11.530
202312 15.982 129.419 16.273
202403 15.973 131.776 15.973

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.


Turkiye Sise ve Cam Fabrikalari AS  (OTCPK:TKKYY) 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.


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Related Terms

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


Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Business Description

Traded in Other Exchanges
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Headlines