GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Kagit Sanayi ve Ticaret AS (IST:ALKA) » Definitions » Cyclically Adjusted PB Ratio

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Cyclically Adjusted PB Ratio : 12.76 (As of Jun. 08, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Alkim Kagitnayi ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Alkim Kagitnayi ve Ticaret AS's current share price is ₺29.10. Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₺2.28. Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 12.76.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ALKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.36   Max: 46.68
Current: 12.57

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 46.68. The lowest was 0.57. And the median was 2.36.

IST:ALKA's Cyclically Adjusted PB Ratio is ranked worse than
98.37% of 245 companies
in the Forest Products industry
Industry Median: 0.92 vs IST:ALKA: 12.57

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.

Alkim Kagitnayi ve Ticaret AS's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₺6.865. 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 ₺2.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alkim Kagitnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Alkim Kagitnayi ve Ticaret 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 2.35 5.42 5.14 22.95 11.46

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 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 2.35 5.42 5.14 22.95 11.46

Competitive Comparison of Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret 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.


Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.10/2.28
=12.76

* 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.

Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alkim Kagitnayi ve Ticaret AS's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=6.865/129.4194*129.4194
=6.865

Current CPI (Dec23) = 129.4194.

Alkim Kagitnayi ve Ticaret AS Annual Data

Book Value per Share CPI Adj_Book
201412 0.482 99.070 0.630
201512 0.534 99.792 0.693
201612 0.671 101.863 0.853
201712 0.698 104.011 0.869
201812 0.822 105.998 1.004
201912 0.883 108.420 1.054
202012 1.139 109.897 1.341
202112 1.881 117.630 2.070
202212 7.189 125.222 7.430
202312 6.865 129.419 6.865

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.


Alkim Kagitnayi ve Ticaret AS  (IST:ALKA) 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.


Alkim Kagitnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Alkim Kagitnayi ve Ticaret AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Traded in Other Exchanges
N/A
Address
Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730
Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

No Headlines