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Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Cyclically Adjusted PB Ratio : 20.08 (As of Jun. 09, 2024)


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What is Aciselsan Acipayam Seluloznayi ve Ticaret A S Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Aciselsan Acipayam Seluloznayi ve Ticaret A S's current share price is ₺132.10. Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺6.58. Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio for today is 20.08.

The historical rank and industry rank for Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ACSEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.3   Med: 13.53   Max: 26.58
Current: 20.07

During the past years, Aciselsan Acipayam Seluloznayi ve Ticaret A S's highest Cyclically Adjusted PB Ratio was 26.58. The lowest was 5.30. And the median was 13.53.

IST:ACSEL's Cyclically Adjusted PB Ratio is ranked worse than
98.42% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs IST:ACSEL: 20.07

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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S's adjusted book value per share data for the three months ended in Dec. 2023 was ₺33.569. 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 ₺6.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aciselsan Acipayam Seluloznayi ve Ticaret A S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aciselsan Acipayam Seluloznayi ve Ticaret A S'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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S Cyclically Adjusted PB Ratio Chart

Aciselsan Acipayam Seluloznayi ve Ticaret A S 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 - 9.22 7.32 18.34 16.13

Aciselsan Acipayam Seluloznayi ve Ticaret A S 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 18.34 13.58 15.17 17.50 16.13

Competitive Comparison of Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Aciselsan Acipayam Seluloznayi ve Ticaret A S'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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio falls into.



Aciselsan Acipayam Seluloznayi ve Ticaret A S 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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=132.10/6.58
=20.08

* 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.

Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aciselsan Acipayam Seluloznayi ve Ticaret A S'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)
=33.569/129.4194*129.4194
=33.569

Current CPI (Dec. 2023) = 129.4194.

Aciselsan Acipayam Seluloznayi ve Ticaret A S Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.417 99.695 0.541
201406 0.421 100.560 0.542
201409 0.472 100.428 0.608
201412 0.527 99.070 0.688
201503 0.546 99.621 0.709
201506 1.401 100.684 1.801
201509 1.426 100.392 1.838
201512 1.400 99.792 1.816
201603 1.408 100.470 1.814
201606 1.431 101.688 1.821
201609 1.438 101.861 1.827
201612 2.054 101.863 2.610
201703 2.075 102.862 2.611
201706 2.042 103.349 2.557
201709 2.045 104.136 2.542
201712 2.163 104.011 2.691
201803 2.216 105.290 2.724
201806 2.269 106.317 2.762
201809 2.503 106.507 3.041
201812 2.964 105.998 3.619
201903 3.045 107.251 3.674
201906 3.549 108.070 4.250
201909 3.638 108.329 4.346
201912 3.914 108.420 4.672
202003 4.039 108.902 4.800
202006 4.180 108.767 4.974
202009 4.359 109.815 5.137
202012 4.857 109.897 5.720
202103 5.097 111.754 5.903
202106 5.309 114.631 5.994
202109 5.404 115.734 6.043
202112 8.369 117.630 9.208
202203 9.893 121.301 10.555
202206 11.655 125.017 12.065
202209 12.828 125.227 13.258
202212 30.501 125.222 31.523
202303 16.216 127.348 16.480
202306 19.726 128.729 19.832
202309 22.205 129.860 22.130
202312 33.569 129.419 33.569

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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S  (IST:ACSEL) 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.


Aciselsan Acipayam Seluloznayi ve Ticaret A S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Aciselsan Acipayam Seluloznayi ve Ticaret A S's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aciselsan Acipayam Seluloznayi ve Ticaret A S (IST:ACSEL) Business Description

Traded in Other Exchanges
N/A
Address
Aciselsan Caddesi No:25, Asagi Mahallesi, Acipayam, Denizli, TUR, 20800
Aciselsan Acipayam Seluloz Sanayi ve Ticaret A S is engaged in the production of carboxymethyl cellulose in Turkey. Its products are used in a wide range of areas such as detergent, paint, wallpaper glue, paper and paperboard, textiles, oil drilling muds, ceramics, foodstuffs, cosmetics, and pharmaceutical industries.

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