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Alkim Alkali Kimya AS (IST:ALKIM) Cyclically Adjusted PB Ratio : 9.19 (As of Jun. 07, 2024)


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What is Alkim Alkali Kimya AS Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Alkim Alkali Kimya AS's current share price is ₺35.64. Alkim Alkali Kimya AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺3.88. Alkim Alkali Kimya AS's Cyclically Adjusted PB Ratio for today is 9.19.

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

IST:ALKIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.68   Med: 9   Max: 17.74
Current: 9.54

During the past years, Alkim Alkali Kimya AS's highest Cyclically Adjusted PB Ratio was 17.74. The lowest was 2.68. And the median was 9.00.

IST:ALKIM's Cyclically Adjusted PB Ratio is ranked worse than
97.14% of 245 companies
in the Forest Products industry
Industry Median: 0.92 vs IST:ALKIM: 9.54

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 Alkali Kimya AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺17.103. 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 ₺3.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alkim Alkali Kimya AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alkim Alkali Kimya 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 Alkali Kimya AS Cyclically Adjusted PB Ratio Chart

Alkim Alkali Kimya 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 4.25 8.93 8.31 13.56 8.79

Alkim Alkali Kimya 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 13.56 10.22 8.93 13.44 8.79

Competitive Comparison of Alkim Alkali Kimya AS's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Alkim Alkali Kimya 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 Alkali Kimya AS's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Alkim Alkali Kimya AS's Cyclically Adjusted PB Ratio falls into.



Alkim Alkali Kimya 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 Alkali Kimya AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.64/3.88
=9.19

* 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 Alkali Kimya AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alkim Alkali Kimya 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)
=17.103/129.4194*129.4194
=17.103

Current CPI (Dec. 2023) = 129.4194.

Alkim Alkali Kimya AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.196 99.695 1.553
201406 1.181 100.560 1.520
201409 1.233 100.428 1.589
201412 1.192 99.070 1.557
201503 1.223 99.621 1.589
201506 1.183 100.684 1.521
201509 1.254 100.392 1.617
201512 1.291 99.792 1.674
201603 1.345 100.470 1.733
201606 1.309 101.688 1.666
201609 1.369 101.861 1.739
201612 1.474 101.863 1.873
201703 1.567 102.862 1.972
201706 1.574 103.349 1.971
201709 1.651 104.136 2.052
201712 1.745 104.011 2.171
201803 1.629 105.290 2.002
201806 1.773 106.317 2.158
201809 2.013 106.507 2.446
201812 2.122 105.998 2.591
201903 2.315 107.251 2.794
201906 2.123 108.070 2.542
201909 2.314 108.329 2.764
201912 2.597 108.420 3.100
202003 2.813 108.902 3.343
202006 2.536 108.767 3.018
202009 2.892 109.815 3.408
202012 3.328 109.897 3.919
202103 3.120 111.754 3.613
202106 3.338 114.631 3.769
202109 3.500 115.734 3.914
202112 4.449 117.630 4.895
202203 5.242 121.301 5.593
202206 5.584 125.017 5.781
202209 6.595 125.227 6.816
202212 16.836 125.222 17.400
202303 7.596 127.348 7.720
202306 7.700 128.729 7.741
202309 8.865 129.860 8.835
202312 17.103 129.419 17.103

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 Alkali Kimya AS  (IST:ALKIM) 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 Alkali Kimya AS Cyclically Adjusted PB Ratio Related Terms

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Alkim Alkali Kimya AS (IST:ALKIM) Business Description

Traded in Other Exchanges
N/A
Address
Inonu Caddesi No:13, Taksim, Istanbul, TUR, 34437
Alkim Alkali Kimya AS is a Turkey-based company engaged in the paper and chemical business activity. The business segments of the group are Chemical products which involves the production and sales of Sodium Sulphate and derivatives; Paper segment covering production and sales of paper products and Other operations segment. It derives key revenue from the Paper segment.

Alkim Alkali Kimya AS (IST:ALKIM) Headlines

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