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Anadolu Hayat Emeklilik AS (Anadolu Hayat Emeklilik AS) Cyclically Adjusted Book per Share : $0.68 (As of Mar. 2024)


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What is Anadolu Hayat Emeklilik 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.

Anadolu Hayat Emeklilik AS's adjusted book value per share for the three months ended in Mar. 2024 was $1.862. 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 $0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Anadolu Hayat Emeklilik AS's average Cyclically Adjusted Book Growth Rate was 42.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.20% 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 Anadolu Hayat Emeklilik AS was 28.20% per year. The lowest was 19.90% per year. And the median was 24.05% per year.

As of today (2024-06-08), Anadolu Hayat Emeklilik AS's current stock price is $6.72. Anadolu Hayat Emeklilik AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.68. Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio of today is 9.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anadolu Hayat Emeklilik AS was 21.06. The lowest was 3.01. And the median was 5.19.


Anadolu Hayat Emeklilik AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Anadolu Hayat Emeklilik 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.

Anadolu Hayat Emeklilik AS Cyclically Adjusted Book per Share Chart

Anadolu Hayat Emeklilik AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.44 1.25 0.41 0.70

Anadolu Hayat Emeklilik 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 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 0.55 0.51 0.50 0.70 0.68

Competitive Comparison of Anadolu Hayat Emeklilik AS's Cyclically Adjusted Book per Share

For the Insurance - Life subindustry, Anadolu Hayat Emeklilik 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.


Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio falls into.



Anadolu Hayat Emeklilik 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, Anadolu Hayat Emeklilik 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)
=1.862/131.7762*131.7762
=1.862

Current CPI (Mar. 2024) = 131.7762.

Anadolu Hayat Emeklilik AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.345 100.560 3.073
201409 2.342 100.428 3.073
201412 2.861 99.070 3.806
201503 2.136 99.621 2.825
201506 2.166 100.684 2.835
201509 2.254 100.392 2.959
201512 2.494 99.792 3.293
201603 2.390 100.470 3.135
201606 2.653 101.688 3.438
201609 2.604 101.861 3.369
201612 2.290 101.863 2.962
201703 1.952 102.862 2.501
201706 2.234 103.349 2.848
201709 2.379 104.136 3.010
201712 2.261 104.011 2.865
201803 1.970 105.290 2.466
201806 1.648 106.317 2.043
201809 1.258 106.507 1.556
201812 1.661 105.998 2.065
201903 1.463 107.251 1.798
201906 1.540 108.070 1.878
201909 1.779 108.329 2.164
201912 2.044 108.420 2.484
202003 1.571 108.902 1.901
202006 1.745 108.767 2.114
202009 1.708 109.815 2.050
202012 1.932 109.897 2.317
202103 1.565 111.754 1.845
202106 1.539 114.631 1.769
202109 1.747 115.734 1.989
202112 1.269 117.630 1.422
202203 1.371 121.301 1.489
202206 1.356 125.017 1.429
202209 1.217 125.227 1.281
202212 1.728 125.222 1.818
202303 1.575 127.348 1.630
202306 1.652 128.729 1.691
202309 2.015 129.860 2.045
202312 2.063 129.419 2.101
202403 1.862 131.776 1.862

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


Anadolu Hayat Emeklilik AS  (GREY:AELIY) 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.

Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.72/0.68
=9.88

* 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 Anadolu Hayat Emeklilik AS was 21.06. The lowest was 3.01. And the median was 5.19.


Be Aware

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


Anadolu Hayat Emeklilik AS Cyclically Adjusted Book per Share Related Terms

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


Anadolu Hayat Emeklilik AS (Anadolu Hayat Emeklilik AS) Business Description

Traded in Other Exchanges
Address
Meltem Sokak No:10, ?? Kuleleri Kule: 2, Kat: 16, Levent, Be?ikta?, Istanbul, TUR, 34330
Anadolu Hayat Emeklilik AS is engaged in the provision of insurance services in Turkey. The activities of the company involve providing individual and group insurance and reinsurance services relating to group life, individual life, retirement and related personal accident branches, establishing retirement funds, developing internal rules and regulations related to these funds. It also engages in portfolio management, custody contracts and establishes retirement funds.

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