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Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS (IST:MIPAZ) Cyclically Adjusted PB Ratio : 37.04 (As of Jun. 10, 2024)


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What is Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's current share price is ₺80.00. Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₺2.16. Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 37.04.

The historical rank and industry rank for Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:MIPAZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 5.46   Max: 56.21
Current: 37.07

During the past years, Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 56.21. The lowest was 1.77. And the median was 5.46.

IST:MIPAZ's Cyclically Adjusted PB Ratio is ranked worse than
99.34% of 452 companies
in the Conglomerates industry
Industry Median: 0.97 vs IST:MIPAZ: 37.07

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.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Dec. 2023 was ₺8.266. 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 ₺2.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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 3.00 6.11 3.87 8.82 17.99

Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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 8.82 5.18 5.78 24.55 17.99

Competitive Comparison of Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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.


Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.



Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.00/2.16
=37.04

* 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.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Milpa Ticari Ve Sinai Urunler Pazarlamanayi 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)
=8.266/129.4194*129.4194
=8.266

Current CPI (Dec. 2023) = 129.4194.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.540 99.695 0.701
201406 0.534 100.560 0.687
201409 0.526 100.428 0.678
201412 0.540 99.070 0.705
201503 0.538 99.621 0.699
201506 0.536 100.684 0.689
201509 0.537 100.392 0.692
201512 0.665 99.792 0.862
201603 0.658 100.470 0.848
201606 0.657 101.688 0.836
201609 0.657 101.861 0.835
201612 0.907 101.863 1.152
201703 0.857 102.862 1.078
201706 0.850 103.349 1.064
201709 0.844 104.136 1.049
201712 0.841 104.011 1.046
201803 0.836 105.290 1.028
201806 0.811 106.317 0.987
201809 0.804 106.507 0.977
201812 0.790 105.998 0.965
201903 0.837 107.251 1.010
201906 0.835 108.070 1.000
201909 0.834 108.329 0.996
201912 1.260 108.420 1.504
202003 1.258 108.902 1.495
202006 1.257 108.767 1.496
202009 1.255 109.815 1.479
202012 1.416 109.897 1.668
202103 1.411 111.754 1.634
202106 1.408 114.631 1.590
202109 1.404 115.734 1.570
202112 1.764 117.630 1.941
202203 1.759 121.301 1.877
202206 1.755 125.017 1.817
202209 6.703 125.227 6.927
202212 10.660 125.222 11.017
202303 6.062 127.348 6.161
202306 7.525 128.729 7.565
202309 7.755 129.860 7.729
202312 8.266 129.419 8.266

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.


Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS  (IST:MIPAZ) 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.


Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS (IST:MIPAZ) Business Description

Traded in Other Exchanges
N/A
Address
Ali Dede cad. Acibadem mah., No. 4/1 Kadikoy, Istanbul, TUR
Milpa Ticari Ve Sinai Urunler Pazarlama Sanayi Ve Ticaret AS is engaged in the marketing of transportation equipment and vehicles, real estate and consumer products. All of Milpa's activities are in Turkey and its main activity is marketing.

Milpa Ticari Ve Sinai Urunler Pazarlamanayi Ve Ticaret AS (IST:MIPAZ) Headlines

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