GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Anadolu Hayat Emeklilik AS (GREY:AELIY) » Definitions » Cyclically Adjusted PB Ratio

Anadolu Hayat Emeklilik AS (Anadolu Hayat Emeklilik AS) Cyclically Adjusted PB Ratio : 9.88 (As of Jun. 08, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Anadolu Hayat Emeklilik AS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Anadolu Hayat Emeklilik AS's current share 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 for today is 9.88.

The historical rank and industry rank for Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

AELIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.01   Med: 5.19   Max: 21.06
Current: 21.06

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

AELIY's Cyclically Adjusted PB Ratio is ranked worse than
99.76% of 417 companies
in the Insurance industry
Industry Median: 1.17 vs AELIY: 21.06

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anadolu Hayat Emeklilik AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anadolu Hayat Emeklilik 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.

Anadolu Hayat Emeklilik AS Cyclically Adjusted PB Ratio Chart

Anadolu Hayat Emeklilik 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 4.06 4.61 5.32 8.02 9.61

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 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 5.45 13.50 9.61 9.88

Competitive Comparison of Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio

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 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.

Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio for 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.

Anadolu Hayat Emeklilik AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Anadolu Hayat Emeklilik AS  (GREY:AELIY) 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.


Anadolu Hayat Emeklilik AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Anadolu Hayat Emeklilik AS's Cyclically Adjusted PB Ratio 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.

Anadolu Hayat Emeklilik AS (Anadolu Hayat Emeklilik AS) Headlines

No Headlines