Defter De\u011feri (Book Value), bir \u015firketin bilan\u00e7o de\u011ferine g\u00f6re toplam varl\u0131klar\u0131ndan toplam y\u00fck\u00fcml\u00fcl\u00fcklerinin \u00e7\u0131kar\u0131lmas\u0131yla elde edilen net de\u011ferdir; \u015firketin teorik tasfiye de\u011ferini g\u00f6sterir.<\/p>\n
Hisse Ba\u015f\u0131 Defter De\u011feri = (Toplam Varl\u0131klar – Toplam Y\u00fck\u00fcml\u00fcl\u00fckler – \u0130mtiyazl\u0131 Hisseler) Adi Hisse Say\u0131s\u0131. Maddi Defter De\u011feri, marka ve \u015ferefiye gibi maddi olmayan duran varl\u0131klar\u0131 hari\u00e7 tutar. Defter de\u011feri tarihsel maliyete (defter giri\u015fi) dayan\u0131r; piyasa de\u011ferini de\u011fil.<\/p>\n
Defter de\u011feri geriye d\u00f6n\u00fck (ge\u00e7mi\u015f maliyetler) iken, piyasa de\u011feri ileriye d\u00f6n\u00fck beklentileri yans\u0131t\u0131r. \u00c7o\u011fu modern i\u015fletme i\u00e7in \u2014 \u00f6zellikle teknoloji \u015firketleri \u2014 defter de\u011feri ger\u00e7ek ekonomik de\u011feri ciddi bi\u00e7imde d\u00fc\u015f\u00fck g\u00f6sterir \u00e7\u00fcnk\u00fc marka, fikri m\u00fclkiyet, m\u00fc\u015fteri ili\u015fkileri ve insan sermayesi gibi maddi olmayan varl\u0131klar\u0131 yans\u0131tmaz.<\/p>\n
P\/B Oran\u0131 = Piyasa De\u011feri Defter De\u011feri. Genel olarak: 1’in alt\u0131nda potansiyel olarak de\u011ferinden d\u00fc\u015f\u00fck (veya sorunlu), 1-3 aras\u0131 tipik, 3+ premium de\u011ferleme. Bankalar gibi varl\u0131k yo\u011fun sekt\u00f6rlerde P\/B \u00f6nemli bir metriktir; teknoloji \u015firketleri i\u00e7in anlaml\u0131 de\u011fildir (Microsoft’un P\/B oran\u0131 10+’d\u0131r ama bu sa\u011fl\u0131ks\u0131z de\u011fildir). Sekt\u00f6rler aras\u0131 P\/B kar\u015f\u0131la\u015ft\u0131rmalar\u0131 yan\u0131lt\u0131c\u0131 olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
TLDR: Defter De\u011feri (Book Value), bir \u015firketin bilan\u00e7o de\u011ferine g\u00f6re toplam varl\u0131klar\u0131ndan toplam y\u00fck\u00fcml\u00fcl\u00fcklerinin \u00e7\u0131kar\u0131lmas\u0131yla elde edilen net de\u011ferdir; \u015firketin teorik tasfiye de\u011ferini g\u00f6sterir. Defter De\u011feri Hesaplama Hisse Ba\u015f\u0131 Defter De\u011feri = (Toplam Varl\u0131klar – Toplam Y\u00fck\u00fcml\u00fcl\u00fckler – \u0130mtiyazl\u0131 Hisseler) Adi Hisse Say\u0131s\u0131. Maddi Defter De\u011feri, marka ve \u015ferefiye gibi maddi olmayan duran varl\u0131klar\u0131 hari\u00e7 […]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"categories":[],"class_list":["post-8042","term","type-term","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/8042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term"}],"about":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/types\/term"}],"author":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/comments?post=8042"}],"version-history":[{"count":2,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/8042\/revisions"}],"predecessor-version":[{"id":9343,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/8042\/revisions\/9343"}],"wp:attachment":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/media?parent=8042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/categories?post=8042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}