GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Cyclically Adjusted PB Ratio

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Cyclically Adjusted PB Ratio : 6.51 (As of Jun. 11, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Turkcell Iletisim Hizmetleri AS Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Turkcell Iletisim Hizmetleri AS's current share price is $7.29. 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 for today is 6.51.

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

TKC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.27   Max: 6.81
Current: 6.77

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

TKC's Cyclically Adjusted PB Ratio is ranked worse than
92.71% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.475 vs TKC: 6.77

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkcell Iletisim Hizmetleri AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS Cyclically Adjusted PB Ratio Chart

Turkcell Iletisim Hizmetleri 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 2.02 2.20 2.12 3.54 4.33

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 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 2.89 3.18 4.53 4.33 4.63

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.29/1.12
=6.51

* 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.

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

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.

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.


Turkcell Iletisim Hizmetleri AS  (NYSE:TKC) 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.


Turkcell Iletisim Hizmetleri AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Turkcell Iletisim Hizmetleri AS's Cyclically Adjusted PB Ratio 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.

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Headlines

From GuruFocus

BiP Booms Beyond Turkey

By Business Wire Business Wire 01-20-2021

Turkcell Is a Foreign Telecom Worth Owning

By Jonathan Poland Jonathan Poland 07-23-2018

Turkcell Files Its 2019 Annual Report on Form 20-F

By Business Wire Business Wire 04-02-2020

Turkcell Files Its 2022 Annual Report on Form 20-F

By Business Wire Business Wire 04-27-2023

Turkcell Files Its 2021 Annual Report on Form 20-F

By Business Wire Business Wire 04-14-2022

Paycell Partners with Nium for International Money Transfers

By Business Wire Business Wire 12-12-2022

Weekly 3-Year Low Highlights: TKC, IRET, BV, PTNR

By Jimmy Xiao gurujx 04-13-2015

These 3 Stocks Are Potential Bargains

By Alberto Abaterusso Alberto Abaterusso 06-22-2020