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Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Cyclically Adjusted PB Ratio : 10.61 (As of Jun. 08, 2024)


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What is Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Turk Telekomunikasyon AS's current share price is $2.97. Turk Telekomunikasyon AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.28. Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio for today is 10.61.

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

TRKNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.35   Med: 4.39   Max: 9.9
Current: 9.31

During the past years, Turk Telekomunikasyon AS's highest Cyclically Adjusted PB Ratio was 9.90. The lowest was 2.35. And the median was 4.39.

TRKNY's Cyclically Adjusted PB Ratio is ranked worse than
96.17% of 287 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs TRKNY: 9.31

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.

Turk Telekomunikasyon AS's adjusted book value per share data for the three months ended in Mar. 2024 was $2.027. 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 $0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Chart

Turk Telekomunikasyon 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 4.42 4.62 4.39 8.20 5.93

Turk Telekomunikasyon 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 5.33 6.37 6.75 5.93 6.14

Competitive Comparison of Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Turk Telekomunikasyon 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.


Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.97/0.28
=10.61

* 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.

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

For example, Turk Telekomunikasyon 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)
=2.027/131.7762*131.7762
=2.027

Current CPI (Mar. 2024) = 131.7762.

Turk Telekomunikasyon AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.474 100.560 1.932
201409 1.490 100.428 1.955
201412 1.570 99.070 2.088
201503 0.970 99.621 1.283
201506 0.967 100.684 1.266
201509 0.752 100.392 0.987
201512 0.977 99.792 1.290
201603 1.049 100.470 1.376
201606 0.912 101.688 1.182
201609 0.905 101.861 1.171
201612 0.553 101.863 0.715
201703 0.540 102.862 0.692
201706 0.705 103.349 0.899
201709 0.765 104.136 0.968
201712 0.677 104.011 0.858
201803 0.729 105.290 0.912
201806 0.502 106.317 0.622
201809 0.497 106.507 0.615
201812 0.801 105.998 0.996
201903 0.826 107.251 1.015
201906 0.783 108.070 0.955
201909 0.899 108.329 1.094
201912 0.922 108.420 1.121
202003 0.897 108.902 1.085
202006 0.898 108.767 1.088
202009 0.813 109.815 0.976
202012 0.892 109.897 1.070
202103 0.841 111.754 0.992
202106 0.828 114.631 0.952
202109 1.021 115.734 1.163
202112 0.601 117.630 0.673
202203 0.408 121.301 0.443
202206 0.405 125.017 0.427
202209 0.607 125.227 0.639
202212 2.474 125.222 2.603
202303 0.603 127.348 0.624
202306 0.483 128.729 0.494
202309 0.687 129.860 0.697
202312 1.932 129.419 1.967
202403 2.027 131.776 2.027

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.


Turk Telekomunikasyon AS  (OTCPK:TRKNY) 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.


Turk Telekomunikasyon AS Cyclically Adjusted PB Ratio Related Terms

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Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Business Description

Traded in Other Exchanges
Address
Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103
Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. From a product perspective, revenue comes from mobile and broadband products, which are typically offered on a subscription basis. Within mobile, however, there is roughly an even split between postpaid and prepaid customers. Additionally, Turk Telekomunikasyon owns mobile and fiber infrastructure. The company generates the vast majority of its revenue in Turkey.

Turk Telekomunikasyon AS (Turk Telekomunikasyon AS) Headlines

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