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Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Cyclically Adjusted Book per Share : $0.12 (As of Dec. 2023)


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What is Haci Omerbanci Holding 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.

Haci Omerbanci Holding AS's adjusted book value per share for the three months ended in Dec. 2023 was $0.932. 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 $0.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Haci Omerbanci Holding AS's average Cyclically Adjusted Book Growth Rate was 35.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.90% 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 Haci Omerbanci Holding AS was 30.30% per year. The lowest was 13.10% per year. And the median was 22.10% per year.

As of today (2024-05-26), Haci Omerbanci Holding AS's current stock price is $0.27. Haci Omerbanci Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.12. Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haci Omerbanci Holding AS was 3.91. The lowest was 0.64. And the median was 0.94.


Haci Omerbanci Holding AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Haci Omerbanci Holding 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.

Haci Omerbanci Holding AS Cyclically Adjusted Book per Share Chart

Haci Omerbanci Holding 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 - - 0.29 0.12 0.12

Haci Omerbanci Holding AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.12 0.14 0.13 0.11 0.12

Competitive Comparison of Haci Omerbanci Holding AS's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Haci Omerbanci Holding 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.


Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio falls into.



Haci Omerbanci Holding 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, Haci Omerbanci Holding AS's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.932/129.4194*129.4194
=0.932

Current CPI (Dec. 2023) = 129.4194.

Haci Omerbanci Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.957 99.695 1.242
201406 1.057 100.560 1.360
201409 1.028 100.428 1.325
201412 1.024 99.070 1.338
201503 0.923 99.621 1.199
201506 0.909 100.684 1.168
201509 0.821 100.392 1.058
201512 0.880 99.792 1.141
201603 0.899 100.470 1.158
201606 0.927 101.688 1.180
201609 0.932 101.861 1.184
201612 0.812 101.863 1.032
201703 0.790 102.862 0.994
201706 0.855 103.349 1.071
201709 0.896 104.136 1.114
201712 0.849 104.011 1.056
201803 0.853 105.290 1.048
201806 0.736 106.317 0.896
201809 0.556 106.507 0.676
201812 0.676 105.998 0.825
201903 0.660 107.251 0.796
201906 0.643 108.070 0.770
201909 0.682 108.329 0.815
201912 0.697 108.420 0.832
202003 0.635 108.902 0.755
202006 0.625 108.767 0.744
202009 0.592 109.815 0.698
202012 0.604 109.897 0.711
202103 0.616 111.754 0.713
202106 0.591 114.631 0.667
202109 0.643 115.734 0.719
202112 0.472 117.630 0.519
202203 0.523 121.301 0.558
202206 0.508 125.017 0.526
202209 0.554 125.227 0.573
202212 1.457 125.222 1.506
202303 0.675 127.348 0.686
202306 0.628 128.729 0.631
202309 0.632 129.860 0.630
202312 0.932 129.419 0.932

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


Haci Omerbanci Holding AS  (GREY:HOSXF) 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.

Haci Omerbanci Holding AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.27/0.12
=2.25

* 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 Haci Omerbanci Holding AS was 3.91. The lowest was 0.64. And the median was 0.94.


Be Aware

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


Haci Omerbanci Holding AS Cyclically Adjusted Book per Share Related Terms

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


Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Business Description

Traded in Other Exchanges
Address
Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

Haci Omerbanci Holding AS (Haci Omerbanci Holding AS) Headlines

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