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Turkiye Is Bankasi AS (IST:ISATR) Cyclically Adjusted PB Ratio : 466,406.49 (As of Jun. 09, 2024)


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What is Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Turkiye Is Bankasi AS's current share price is ₺3054962.50. Turkiye Is Bankasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺6.55. Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio for today is 466,406.49.

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

IST:ISATR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 138.66   Med: 665.12   Max: 466493.72
Current: 466493.72

During the past years, Turkiye Is Bankasi AS's highest Cyclically Adjusted PB Ratio was 466493.72. The lowest was 138.66. And the median was 665.12.

IST:ISATR's Cyclically Adjusted PB Ratio is ranked worse than
100% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs IST:ISATR: 466493.72

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.

Turkiye Is Bankasi AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺10.725. 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 ₺6.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Chart

Turkiye Is Bankasi 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 326.80 391.07 709.45 66,157.87 148,784.69

Turkiye Is Bankasi 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 66,157.87 57,668.77 47,329.91 113,065.66 148,784.69

Competitive Comparison of Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Turkiye Is Bankasi 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.


Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio falls into.



Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3054962.50/6.55
=466,406.49

* 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.

Turkiye Is Bankasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Turkiye Is Bankasi 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)
=10.725/129.4194*129.4194
=10.725

Current CPI (Dec. 2023) = 129.4194.

Turkiye Is Bankasi AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.025 99.695 6.523
201406 1.024 100.560 1.318
201409 2.267 100.428 2.921
201412 6.461 99.070 8.440
201503 0.000 99.621 0.000
201506 1.108 100.684 1.424
201509 1.194 100.392 1.539
201512 7.554 99.792 9.797
201603 7.444 100.470 9.589
201606 1.466 101.688 1.866
201609 1.421 101.861 1.805
201612 8.851 101.863 11.245
201703 8.489 102.862 10.681
201706 1.710 103.349 2.141
201709 1.643 104.136 2.042
201712 9.537 104.011 11.867
201803 9.927 105.290 12.202
201806 1.802 106.317 2.194
201809 10.397 106.507 12.634
201812 11.020 105.998 13.455
201903 11.127 107.251 13.427
201906 2.092 108.070 2.505
201909 2.175 108.329 2.598
201912 13.030 108.420 15.554
202003 12.970 108.902 15.414
202006 2.504 108.767 2.979
202009 2.581 109.815 3.042
202012 2.694 109.897 3.173
202103 2.649 111.754 3.068
202106 2.776 114.631 3.134
202109 2.986 115.734 3.339
202112 3.475 117.630 3.823
202203 4.339 121.301 4.629
202206 4.993 125.017 5.169
202209 5.862 125.227 6.058
202212 7.648 125.222 7.904
202303 7.865 127.348 7.993
202306 8.328 128.729 8.373
202309 8.841 129.860 8.811
202312 10.725 129.419 10.725

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.


Turkiye Is Bankasi AS  (IST:ISATR) 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.


Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Related Terms

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Turkiye Is Bankasi AS (IST:ISATR) Business Description

Traded in Other Exchanges
Address
Is Kuleleri, Levent, Istanbul, TUR, 34330
Turkiye Is Bankasi AS, or Isbank is a Turkish financial services group with operations in Europe, Asia, and the Middle East. The group provides banking services as well as insurance, pension, asset management, venture capital, investment banking, leasing and factoring, and brokerage and custody, among other services. The bank's strategy emphasizes customer service. The vast majority of its earning assets is in loans. Isbank maintains a particularly strong presence in commercial auto and real estate loans. Its loan profile is diversified but with exposure most notably to production, construction, and wholesale and retail trade.

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