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Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Cyclically Adjusted PB Ratio : 10.68 (As of Jun. 02, 2024)


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What is Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Cimsa Cimentonayi Ve Ticaret AS's current share price is ₺30.98. Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺2.90. Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 10.68.

The historical rank and industry rank for Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:CIMSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.34   Max: 18.8
Current: 10.7

During the past years, Cimsa Cimentonayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 18.80. The lowest was 0.68. And the median was 2.34.

IST:CIMSA's Cyclically Adjusted PB Ratio is ranked worse than
95.82% of 311 companies
in the Building Materials industry
Industry Median: 1.09 vs IST:CIMSA: 10.70

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.

Cimsa Cimentonayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺19.633. 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 ₺2.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cimsa Cimentonayi Ve Ticaret 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.

Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Cimsa Cimentonayi Ve Ticaret 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 1.04 1.96 2.93 7.47 10.13

Cimsa Cimentonayi Ve Ticaret 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 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 7.47 6.46 8.39 16.93 10.13

Competitive Comparison of Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Cimsa Cimentonayi Ve Ticaret 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.


Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Cimsa Cimentonayi Ve Ticaret 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.

Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.98/2.9
=10.68

* 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.

Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cimsa Cimentonayi Ve Ticaret 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)
=19.633/129.4194*129.4194
=19.633

Current CPI (Dec. 2023) = 129.4194.

Cimsa Cimentonayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.016 99.695 1.319
201406 1.084 100.560 1.395
201409 1.148 100.428 1.479
201412 1.183 99.070 1.545
201503 1.041 99.621 1.352
201506 1.139 100.684 1.464
201509 1.214 100.392 1.565
201512 1.255 99.792 1.628
201603 1.106 100.470 1.425
201606 1.200 101.688 1.527
201609 1.276 101.861 1.621
201612 1.323 101.863 1.681
201703 1.162 102.862 1.462
201706 1.216 103.349 1.523
201709 1.289 104.136 1.602
201712 1.369 104.011 1.703
201803 1.325 105.290 1.629
201806 1.376 106.317 1.675
201809 1.416 106.507 1.721
201812 1.402 105.998 1.712
201903 1.416 107.251 1.709
201906 1.449 108.070 1.735
201909 1.482 108.329 1.771
201912 1.468 108.420 1.752
202003 1.452 108.902 1.726
202006 1.514 108.767 1.801
202009 1.602 109.815 1.888
202012 1.671 109.897 1.968
202103 1.814 111.754 2.101
202106 2.130 114.631 2.405
202109 2.200 115.734 2.460
202112 2.638 117.630 2.902
202203 2.606 121.301 2.780
202206 3.474 125.017 3.596
202209 5.662 125.227 5.852
202212 6.044 125.222 6.247
202303 5.908 127.348 6.004
202306 7.677 128.729 7.718
202309 8.789 129.860 8.759
202312 19.633 129.419 19.633

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.


Cimsa Cimentonayi Ve Ticaret AS  (IST:CIMSA) 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.


Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

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Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Business Description

Traded in Other Exchanges
N/A
Address
Kayisdagi Cad. No: 1 Kat: 23-24, Allianz Tower Kucukbakkalkoy Mah., Istanbul, TUR, 34750
Cimsa Cimento Sanayi Ve Ticaret AS is a building materials company that manufactures and distributes various types of cement. Cimsa's product offerings include specialty cement, such as white cement and calculate aluminate cement and regular grey cement. Beyond the company's primary cement segment, Cimsa produces ready-mixed concrete and the company operates its distribution system. It generates the majority of its revenue from the Cement segment. The company is based in Turkey but maintains factories and operations across Europe.

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