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Pinar Sut Mamullerinayii AS (IST:PNSUT) Cyclically Adjusted Book per Share : ₺34.12 (As of Dec. 2023)


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What is Pinar Sut Mamullerinayii 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.

Pinar Sut Mamullerinayii AS's adjusted book value per share for the three months ended in Dec. 2023 was ₺149.099. 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 ₺34.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pinar Sut Mamullerinayii AS's average Cyclically Adjusted Book Growth Rate was 39.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 33.80% 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 Pinar Sut Mamullerinayii AS was 33.80% per year. The lowest was 23.30% per year. And the median was 28.55% per year.

As of today (2024-06-10), Pinar Sut Mamullerinayii AS's current stock price is ₺82.00. Pinar Sut Mamullerinayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺34.12. Pinar Sut Mamullerinayii AS's Cyclically Adjusted PB Ratio of today is 2.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pinar Sut Mamullerinayii AS was 3.69. The lowest was 0.51. And the median was 1.48.


Pinar Sut Mamullerinayii AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pinar Sut Mamullerinayii 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.

Pinar Sut Mamullerinayii AS Cyclically Adjusted Book per Share Chart

Pinar Sut Mamullerinayii 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 13.04 14.23 17.01 24.46 34.12

Pinar Sut Mamullerinayii 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 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 24.46 26.62 28.72 30.85 34.12

Competitive Comparison of Pinar Sut Mamullerinayii AS's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Pinar Sut Mamullerinayii 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.


Pinar Sut Mamullerinayii AS's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Sut Mamullerinayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pinar Sut Mamullerinayii AS's Cyclically Adjusted PB Ratio falls into.



Pinar Sut Mamullerinayii 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, Pinar Sut Mamullerinayii 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)
=149.099/129.4194*129.4194
=149.099

Current CPI (Dec. 2023) = 129.4194.

Pinar Sut Mamullerinayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.389 99.695 13.487
201406 10.622 100.560 13.670
201409 11.009 100.428 14.187
201412 11.776 99.070 15.384
201503 10.613 99.621 13.788
201506 10.826 100.684 13.916
201509 11.051 100.392 14.246
201512 13.062 99.792 16.940
201603 12.539 100.470 16.152
201606 12.852 101.688 16.357
201609 13.037 101.861 16.564
201612 13.200 101.863 16.771
201703 12.807 102.862 16.114
201706 12.808 103.349 16.039
201709 12.934 104.136 16.074
201712 15.354 104.011 19.105
201803 15.441 105.290 18.980
201806 15.257 106.317 18.572
201809 14.756 106.507 17.930
201812 17.384 105.998 21.225
201903 17.440 107.251 21.045
201906 17.345 108.070 20.772
201909 17.491 108.329 20.896
201912 19.983 108.420 23.853
202003 20.382 108.902 24.222
202006 22.215 108.767 26.433
202009 23.508 109.815 27.705
202012 23.617 109.897 27.812
202103 23.744 111.754 27.497
202106 23.099 114.631 26.079
202109 22.950 115.734 25.664
202112 43.400 117.630 47.750
202203 44.186 121.301 47.143
202206 45.694 125.017 47.303
202209 48.276 125.227 49.892
202212 163.335 125.222 168.810
202303 82.951 127.348 84.300
202306 84.409 128.729 84.862
202309 88.330 129.860 88.031
202312 149.099 129.419 149.099

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


Pinar Sut Mamullerinayii AS  (IST:PNSUT) 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.

Pinar Sut Mamullerinayii AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.00/34.12
=2.40

* 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 Pinar Sut Mamullerinayii AS was 3.69. The lowest was 0.51. And the median was 1.48.


Be Aware

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


Pinar Sut Mamullerinayii AS Cyclically Adjusted Book per Share Related Terms

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


Pinar Sut Mamullerinayii AS (IST:PNSUT) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Caddesi No. 317, Yunus Emre Mahallesi, Bornova, Izmir, TUR, 35060
Pinar Sut Mamulleri Sanayii AS is a Turkey-based company that operates in the packaged food business. The activities of the groups include processing, production, and sale of milk, dairy products, sauces, fruit juice, and powder products. It operates through the Labne, Klasik, Mangal Keyfi, Solen, Cocuk, Kido, and other brands. Geographically activities are conducted through the region of Turkey.

Pinar Sut Mamullerinayii AS (IST:PNSUT) Headlines

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