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Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Cyclically Adjusted PB Ratio : 7.96 (As of Jun. 06, 2024)


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What is Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Anel Elektrik Proje Taahhut ve Ticaret AS's current share price is ₺18.95. Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₺2.38. Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 7.96.

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

IST:ANELE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.47   Max: 9.82
Current: 7.85

During the past years, Anel Elektrik Proje Taahhut ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 9.82. The lowest was 0.54. And the median was 1.47.

IST:ANELE's Cyclically Adjusted PB Ratio is ranked worse than
94.96% of 1249 companies
in the Construction industry
Industry Median: 1.13 vs IST:ANELE: 7.85

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.

Anel Elektrik Proje Taahhut ve Ticaret AS's adjusted book value per share data for the three months ended in Sep. 2023 was ₺4.162. 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 ₺2.38 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anel Elektrik Proje Taahhut 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.

Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Anel Elektrik Proje Taahhut ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.05 1.70 1.43 2.14

Anel Elektrik Proje Taahhut ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.83 2.14 2.28 2.53 3.89

Competitive Comparison of Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Anel Elektrik Proje Taahhut 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.


Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Anel Elektrik Proje Taahhut 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.

Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.95/2.38
=7.96

* 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.

Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Anel Elektrik Proje Taahhut ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.162/129.8595*129.8595
=4.162

Current CPI (Sep. 2023) = 129.8595.

Anel Elektrik Proje Taahhut ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.030 98.326 1.360
201403 1.105 99.695 1.439
201406 1.069 100.560 1.380
201409 1.108 100.428 1.433
201412 1.143 99.070 1.498
201503 1.348 99.621 1.757
201506 1.384 100.684 1.785
201509 1.589 100.392 2.055
201512 1.212 99.792 1.577
201603 1.261 100.470 1.630
201606 1.287 101.688 1.644
201609 1.318 101.861 1.680
201612 1.373 101.863 1.750
201703 1.464 102.862 1.848
201706 1.528 103.349 1.920
201709 1.571 104.136 1.959
201712 1.712 104.011 2.137
201803 1.768 105.290 2.181
201806 1.992 106.317 2.433
201809 2.496 106.507 3.043
201812 2.089 105.998 2.559
201903 2.128 107.251 2.577
201906 2.151 108.070 2.585
201909 2.137 108.329 2.562
201912 2.143 108.420 2.567
202003 2.335 108.902 2.784
202006 2.399 108.767 2.864
202009 2.180 109.815 2.578
202012 1.897 109.897 2.242
202103 2.029 111.754 2.358
202106 1.945 114.631 2.203
202109 1.886 115.734 2.116
202112 2.434 117.630 2.687
202203 2.585 121.301 2.767
202206 2.899 125.017 3.011
202209 3.068 125.227 3.182
202212 3.910 125.222 4.055
202303 3.890 127.348 3.967
202306 4.658 128.729 4.699
202309 4.162 129.860 4.162

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.


Anel Elektrik Proje Taahhut ve Ticaret AS  (IST:ANELE) 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.


Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Business Description

Traded in Other Exchanges
N/A
Address
Anel Business Center, Saray Mah, Site Yolu Sokak No:5/4, Umraniye, Istanbul, TUR, 34768
Anel Elektrik Proje Taahhut ve Ticaret A.S. offers electromechanical project contracting services. It develops electrical projects for airports, shopping centers & tourism facilities & is also engages in construction, leasing & maintenance operations.

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