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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Cyclically Adjusted Book per Share : $1.12 (As of Mar. 2024)


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What is Turkcell Iletisim Hizmetleri AS Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Turkcell Iletisim Hizmetleri AS's adjusted book value per share for the three months ended in Mar. 2024 was $5.134. 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 $1.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turkcell Iletisim Hizmetleri AS's average Cyclically Adjusted Book Growth Rate was 32.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Turkcell Iletisim Hizmetleri AS was 20.90% per year. The lowest was 7.10% per year. And the median was 13.55% per year.

As of today (2024-06-11), Turkcell Iletisim Hizmetleri AS's current stock price is $7.54. Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.12. Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio of today is 6.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkcell Iletisim Hizmetleri AS was 6.81. The lowest was 1.67. And the median was 2.27.


Turkcell Iletisim Hizmetleri AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted Book per Share 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.

Turkcell Iletisim Hizmetleri AS Cyclically Adjusted Book per Share Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 2.44 1.70 1.35 1.11

Turkcell Iletisim Hizmetleri 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 Book per Share 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 1.49 1.12 1.05 1.11 1.12

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.


Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio falls into.



Turkcell Iletisim Hizmetleri AS Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Turkcell Iletisim Hizmetleri 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)
=5.134/131.7762*131.7762
=5.134

Current CPI (Mar. 2024) = 131.7762.

Turkcell Iletisim Hizmetleri AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.501 100.560 11.140
201409 8.518 100.428 11.177
201412 8.465 99.070 11.260
201503 5.901 99.621 7.806
201506 5.969 100.684 7.812
201509 5.178 100.392 6.797
201512 5.586 99.792 7.376
201603 5.837 100.470 7.656
201606 5.964 101.688 7.729
201609 5.924 101.861 7.664
201612 5.220 101.863 6.753
201703 5.125 102.862 6.566
201706 4.587 103.349 5.849
201709 4.845 104.136 6.131
201712 4.446 104.011 5.633
201803 4.161 105.290 5.208
201806 3.663 106.317 4.540
201809 2.661 106.507 3.292
201812 3.416 105.998 4.247
201903 3.541 107.251 4.351
201906 3.386 108.070 4.129
201909 3.484 108.329 4.238
201912 3.530 108.420 4.290
202003 3.375 108.902 4.084
202006 3.281 108.767 3.975
202009 3.084 109.815 3.701
202012 3.086 109.897 3.700
202103 3.242 111.754 3.823
202106 2.693 114.631 3.096
202109 0.000 115.734 0.000
202112 5.521 117.630 6.185
202203 1.832 121.301 1.990
202206 1.606 125.017 1.693
202209 1.597 125.227 1.681
202212 6.716 125.222 7.068
202303 2.041 127.348 2.112
202306 1.815 128.729 1.858
202309 1.739 129.860 1.765
202312 4.817 129.419 4.905
202403 5.134 131.776 5.134

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Turkcell Iletisim Hizmetleri AS  (NYSE:TKC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.54/1.12
=6.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkcell Iletisim Hizmetleri AS was 6.81. The lowest was 1.67. And the median was 2.27.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Turkcell Iletisim Hizmetleri AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Traded in Other Exchanges
Address
Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

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