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Creditwest Faktoring AS (IST:CRDFA) Cyclically Adjusted PB Ratio : 3.47 (As of Jun. 10, 2024)


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What is Creditwest Faktoring AS Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Creditwest Faktoring AS's current share price is ₺7.59. Creditwest Faktoring AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₺2.19. Creditwest Faktoring AS's Cyclically Adjusted PB Ratio for today is 3.47.

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

IST:CRDFA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.13   Max: 5.1
Current: 3.47

During the past years, Creditwest Faktoring AS's highest Cyclically Adjusted PB Ratio was 5.10. The lowest was 0.89. And the median was 2.13.

IST:CRDFA's Cyclically Adjusted PB Ratio is ranked worse than
85.75% of 365 companies
in the Credit Services industry
Industry Median: 0.94 vs IST:CRDFA: 3.47

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.

Creditwest Faktoring AS's adjusted book value per share data for the three months ended in Mar. 2024 was ₺4.157. 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 ₺2.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Creditwest Faktoring AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Creditwest Faktoring 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.

Creditwest Faktoring AS Cyclically Adjusted PB Ratio Chart

Creditwest Faktoring 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 - - 1.39 2.61 2.70

Creditwest Faktoring 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 1.80 1.86 3.41 2.70 3.15

Competitive Comparison of Creditwest Faktoring AS's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Creditwest Faktoring 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.


Creditwest Faktoring AS's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditwest Faktoring AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Creditwest Faktoring AS's Cyclically Adjusted PB Ratio falls into.



Creditwest Faktoring 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.

Creditwest Faktoring AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.59/2.19
=3.47

* 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.

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

For example, Creditwest Faktoring 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)
=4.157/131.7762*131.7762
=4.157

Current CPI (Mar. 2024) = 131.7762.

Creditwest Faktoring AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.378 100.560 1.806
201409 0.000 100.428 0.000
201412 1.504 99.070 2.001
201503 1.574 99.621 2.082
201506 1.339 100.684 1.752
201509 1.403 100.392 1.842
201512 1.480 99.792 1.954
201603 1.542 100.470 2.022
201606 1.365 101.688 1.769
201609 1.429 101.861 1.849
201612 1.499 101.863 1.939
201703 1.569 102.862 2.010
201706 1.622 103.349 2.068
201709 1.460 104.136 1.848
201712 1.506 104.011 1.908
201803 1.567 105.290 1.961
201806 1.421 106.317 1.761
201809 1.484 106.507 1.836
201812 1.310 105.998 1.629
201903 1.388 107.251 1.705
201906 1.437 108.070 1.752
201909 1.494 108.329 1.817
201912 1.542 108.420 1.874
202003 1.570 108.902 1.900
202006 1.601 108.767 1.940
202009 1.621 109.815 1.945
202012 1.696 109.897 2.034
202103 1.727 111.754 2.036
202106 1.735 114.631 1.994
202109 1.777 115.734 2.023
202112 2.270 117.630 2.543
202203 2.338 121.301 2.540
202206 2.538 125.017 2.675
202209 1.978 125.227 2.081
202212 2.603 125.222 2.739
202303 2.726 127.348 2.821
202306 3.219 128.729 3.295
202309 3.530 129.860 3.582
202312 3.762 129.419 3.831
202403 4.157 131.776 4.157

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.


Creditwest Faktoring AS  (IST:CRDFA) 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.


Creditwest Faktoring AS Cyclically Adjusted PB Ratio Related Terms

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Creditwest Faktoring AS (IST:CRDFA) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere cad No 108, Enka Binasi Esentepe, Istanbul, TUR, 34394
Creditwest Faktoring AS is a Turkish company which engages in the factoring activities regarding domestic and international transactions. It offers various types of factoring services, such as domestic, import and export, which are used in a range of sectors. The company also provides credit management, revenue management, and cash management.

Creditwest Faktoring AS (IST:CRDFA) Headlines

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