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Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Cyclically Adjusted Book per Share : ₺6.19 (As of Mar. 2025)


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What is Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's adjusted book value per share for the three months ended in Mar. 2025 was ₺20.405. 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 ₺6.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ozderici Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted Book Growth Rate was 52.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 58.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 42.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ozderici Gayrimenkul Yatirim Ortakligi AS was 58.60% per year. The lowest was 28.20% per year. And the median was 46.50% per year.

As of today (2025-06-21), Ozderici Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺6.42. Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₺6.19. Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ozderici Gayrimenkul Yatirim Ortakligi AS was 3.58. The lowest was 0.75. And the median was 1.47.


Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Chart

Ozderici Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.40 2.19 3.55 5.58

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 4.07 4.58 5.13 5.58 6.19

Competitive Comparison of Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Ozderici 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.


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

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

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


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Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ozderici Gayrimenkul Yatirim Ortakligi AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=20.405/134.9266*134.9266
=20.405

Current CPI (Mar. 2025) = 134.9266.

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.938 100.684 1.257
201509 1.075 100.392 1.445
201512 1.296 99.792 1.752
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 1.408 101.863 1.865
201703 1.412 102.862 1.852
201706 1.474 103.349 1.924
201709 1.484 104.136 1.923
201712 1.573 104.011 2.041
201803 1.590 105.290 2.038
201806 1.733 106.317 2.199
201809 1.898 106.507 2.404
201812 1.667 105.998 2.122
201903 1.795 107.251 2.258
201906 0.000 108.070 0.000
201909 1.735 108.329 2.161
201912 1.616 108.420 2.011
202003 1.600 108.902 1.982
202006 1.593 108.767 1.976
202009 1.597 109.815 1.962
202012 1.660 109.897 2.038
202103 1.670 111.754 2.016
202106 1.691 114.631 1.990
202109 1.717 115.734 2.002
202112 4.031 117.630 4.624
202203 4.078 121.301 4.536
202206 4.199 125.017 4.532
202209 4.282 125.227 4.614
202212 14.928 125.222 16.085
202303 9.041 127.348 9.579
202306 9.347 128.729 9.797
202309 9.425 129.860 9.793
202312 21.253 129.419 22.157
202403 16.909 131.776 17.313
202406 18.389 132.554 18.718
202409 19.988 133.029 20.273
202412 17.029 133.157 17.255
202503 20.405 134.927 20.405

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.42/6.19
=1.04

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ozderici Gayrimenkul Yatirim Ortakligi AS was 3.58. The lowest was 0.75. And the median was 1.47.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ozderici Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ozderici Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ozderici Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Street Building Loan Plaza C Block, Floor 9, Levent, Istanbul, TUR, 34330
Ozderici Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust involved in the real estate development projects. The projects of the company include Nuvo Dragos, Zeytinburnu Akevler Siteleri, Akatlar Ozderici Bloklari, Yapi Kredi Plaza'da Ofis and Bayrampasa 5 Adet Is Merkezi.

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