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Adese Gayrimenkul Yatirim AS (IST:ADESE) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 06, 2024)


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What is Adese Gayrimenkul Yatirim AS Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Adese Gayrimenkul Yatirim AS's current share price is ₺2.27. Adese Gayrimenkul Yatirim AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺3.90. Adese Gayrimenkul Yatirim AS's Cyclically Adjusted PB Ratio for today is 0.58.

The historical rank and industry rank for Adese Gayrimenkul Yatirim AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ADESE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.45   Max: 0.91
Current: 0.58

During the past years, Adese Gayrimenkul Yatirim AS's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.19. And the median was 0.45.

IST:ADESE's Cyclically Adjusted PB Ratio is ranked better than
56.44% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs IST:ADESE: 0.58

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.

Adese Gayrimenkul Yatirim AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺8.374. 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 ₺3.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adese Gayrimenkul Yatirim AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adese Gayrimenkul Yatirim 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.

Adese Gayrimenkul Yatirim AS Cyclically Adjusted PB Ratio Chart

Adese Gayrimenkul Yatirim 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 - 0.75 0.22 0.55 0.48

Adese Gayrimenkul Yatirim 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 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 0.55 0.40 0.40 0.62 0.48

Competitive Comparison of Adese Gayrimenkul Yatirim AS's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Adese Gayrimenkul Yatirim 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.


Adese Gayrimenkul Yatirim AS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Adese Gayrimenkul Yatirim 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.

Adese Gayrimenkul Yatirim AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.27/3.9
=0.58

* 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.

Adese Gayrimenkul Yatirim AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Adese Gayrimenkul Yatirim 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)
=8.374/129.4194*129.4194
=8.374

Current CPI (Dec. 2023) = 129.4194.

Adese Gayrimenkul Yatirim AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.560 99.695 3.323
201406 2.555 100.560 3.288
201409 2.553 100.428 3.290
201412 2.743 99.070 3.583
201503 2.749 99.621 3.571
201506 2.766 100.684 3.555
201509 2.763 100.392 3.562
201512 3.047 99.792 3.952
201603 3.069 100.470 3.953
201606 3.097 101.688 3.942
201609 3.091 101.861 3.927
201612 3.263 101.863 4.146
201703 3.212 102.862 4.041
201706 3.271 103.349 4.096
201709 3.282 104.136 4.079
201712 3.863 104.011 4.807
201803 3.838 105.290 4.718
201806 3.823 106.317 4.654
201809 3.645 106.507 4.429
201812 3.814 105.998 4.657
201903 3.657 107.251 4.413
201906 3.991 108.070 4.779
201909 3.932 108.329 4.697
201912 4.017 108.420 4.795
202003 2.414 108.902 2.869
202006 2.372 108.767 2.822
202009 2.308 109.815 2.720
202012 2.691 109.897 3.169
202103 2.687 111.754 3.112
202106 2.668 114.631 3.012
202109 2.807 115.734 3.139
202112 1.909 117.630 2.100
202203 1.931 121.301 2.060
202206 2.207 125.017 2.285
202209 2.271 125.227 2.347
202212 6.531 125.222 6.750
202303 4.976 127.348 5.057
202306 4.004 128.729 4.025
202309 4.072 129.860 4.058
202312 8.374 129.419 8.374

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.


Adese Gayrimenkul Yatirim AS  (IST:ADESE) 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.


Adese Gayrimenkul Yatirim AS Cyclically Adjusted PB Ratio Related Terms

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Adese Gayrimenkul Yatirim AS (IST:ADESE) Business Description

Traded in Other Exchanges
N/A
Address
Kule Street, Selcuklu Tower Site, Floor: 33 No: 2/55, Selçuklu, Musalla Baglar? District, Konya, TUR
Adese Gayrimenkul Yatirim AS Formerly Adese Alisveris Merkezleri Ticaret AS operates a chain of supermarkets in Turkey. The Company is a retailer that offers various goods at discount prices. It mainly engages in the provision of consumer goods distribution. It involves in the operation of supermarket and offers retail and wholesale services of consumer needs.

Adese Gayrimenkul Yatirim AS (IST:ADESE) Headlines

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