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Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Cyclically Adjusted Book per Share : $0.28 (As of Mar. 2024)


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What is Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS's adjusted book value per share for the three months ended in Mar. 2024 was $2.027. 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 $0.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turk Telekomunikasyon AS's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.20% 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 Turk Telekomunikasyon AS was 30.00% per year. The lowest was 11.70% per year. And the median was 21.40% per year.

As of today (2024-06-08), Turk Telekomunikasyon AS's current stock price is $2.97. Turk Telekomunikasyon AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.28. Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio of today is 10.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turk Telekomunikasyon AS was 9.90. The lowest was 2.35. And the median was 4.37.


Turk Telekomunikasyon AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS Cyclically Adjusted Book per Share Chart

Turk Telekomunikasyon 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 0.55 0.51 0.34 0.32 0.30

Turk Telekomunikasyon 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 0.36 0.17 0.24 0.30 0.28

Competitive Comparison of Turk Telekomunikasyon AS's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Turk Telekomunikasyon 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.


Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio falls into.



Turk Telekomunikasyon 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, Turk Telekomunikasyon 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)
=2.027/131.7762*131.7762
=2.027

Current CPI (Mar. 2024) = 131.7762.

Turk Telekomunikasyon AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.474 100.560 1.932
201409 1.490 100.428 1.955
201412 1.570 99.070 2.088
201503 0.970 99.621 1.283
201506 0.967 100.684 1.266
201509 0.752 100.392 0.987
201512 0.977 99.792 1.290
201603 1.049 100.470 1.376
201606 0.912 101.688 1.182
201609 0.905 101.861 1.171
201612 0.553 101.863 0.715
201703 0.540 102.862 0.692
201706 0.705 103.349 0.899
201709 0.765 104.136 0.968
201712 0.677 104.011 0.858
201803 0.729 105.290 0.912
201806 0.502 106.317 0.622
201809 0.497 106.507 0.615
201812 0.801 105.998 0.996
201903 0.826 107.251 1.015
201906 0.783 108.070 0.955
201909 0.899 108.329 1.094
201912 0.922 108.420 1.121
202003 0.897 108.902 1.085
202006 0.898 108.767 1.088
202009 0.813 109.815 0.976
202012 0.892 109.897 1.070
202103 0.841 111.754 0.992
202106 0.828 114.631 0.952
202109 1.021 115.734 1.163
202112 0.601 117.630 0.673
202203 0.408 121.301 0.443
202206 0.405 125.017 0.427
202209 0.607 125.227 0.639
202212 2.474 125.222 2.603
202303 0.603 127.348 0.624
202306 0.483 128.729 0.494
202309 0.687 129.860 0.697
202312 1.932 129.419 1.967
202403 2.027 131.776 2.027

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


Turk Telekomunikasyon AS  (OTCPK:TRKNY) 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.

Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.97/0.28
=10.61

* 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 Turk Telekomunikasyon AS was 9.90. The lowest was 2.35. And the median was 4.37.


Be Aware

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


Turk Telekomunikasyon AS Cyclically Adjusted Book per Share Related Terms

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Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Business Description

Traded in Other Exchanges
Address
Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103
Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. From a product perspective, revenue comes from mobile and broadband products, which are typically offered on a subscription basis. Within mobile, however, there is roughly an even split between postpaid and prepaid customers. Additionally, Turk Telekomunikasyon owns mobile and fiber infrastructure. The company generates the vast majority of its revenue in Turkey.

Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Headlines

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Q1 2024 Turk Telekomunikasyon AS Earnings Call Transcript

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