Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) Cyclically Adjusted Book per Share: €0.07 (As of Jun. 2026)

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FRA:EF41 Anadolu Efes Biracilik ve Malt Sanayi AS FRA:EF41
67 GF Score
Price €0.23
GF Value €0.17
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share?

Anadolu Efes Biracilik ve Maltnayi AS FRA:EF41 67 Cyclically Adjusted Book per Share is €0.07 as of Jun. 2026. GuruFocus rates FRA:EF41 with a GF Score™ of 67/100 and a GF Value™ of €0.17 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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.

Anadolu Efes Biracilik ve Maltnayi AS's adjusted book value per share for the three months ended in Jun. 2026 was €0.398. 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 €0.07 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Anadolu Efes Biracilik ve Maltnayi AS's average Cyclically Adjusted Book Growth Rate was 36.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 34.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.70% 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 Anadolu Efes Biracilik ve Maltnayi AS was 34.80% per year. The lowest was 11.80% per year. And the median was 21.80% per year.

As of today (2026-08-25), Anadolu Efes Biracilik ve Maltnayi AS's current stock price is €0.23. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.07. Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio of today is 3.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anadolu Efes Biracilik ve Maltnayi AS was 7.63. The lowest was 1.10. And the median was 1.96.


Anadolu Efes Biracilik ve Maltnayi AS  (FRA:EF41) 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.

Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.23/0.07
=3.29

* 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 Anadolu Efes Biracilik ve Maltnayi AS was 7.63. The lowest was 1.10. And the median was 1.96.


Be Aware

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


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Related Terms


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Anadolu Efes Biracilik ve Maltnayi 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.

Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted Book per Share Chart

Anadolu Efes Biracilik ve Maltnayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.09 0.08 0.13 0.12

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.09 0.10 0.12 0.11 0.07

FRA:EF41 vs KO, PEP, MNST: Cyclically Adjusted Book per Share Comparison

For the Beverages - Non-Alcoholic subindustry, Anadolu Efes Biracilik ve Maltnayi 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.


Anadolu Efes Biracilik ve Maltnayi AS Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted PB Ratio falls into.


FRA:EF41
67GF Score
Anadolu Efes Biracilik ve Malt Sanayi AS FRA:EF41
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anadolu Efes Biracilik ve Maltnayi 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, Anadolu Efes Biracilik ve Maltnayi AS's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.398/333.9520*333.9520
=0.398

Current CPI (Jun. 2026) = 333.9520.

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.427 241.428 0.591
201612 0.424 241.432 0.586
201703 0.419 243.801 0.574
201706 0.397 244.955 0.541
201709 0.392 246.819 0.530
201712 0.364 246.524 0.493
201803 0.390 249.554 0.522
201806 0.363 251.989 0.481
201809 0.316 252.439 0.418
201812 0.317 251.233 0.421
201903 0.329 254.202 0.432
201906 0.312 256.143 0.407
201909 0.323 256.759 0.420
201912 0.342 256.974 0.444
202003 0.282 258.115 0.365
202006 0.295 257.797 0.382
202009 0.248 260.280 0.318
202012 0.231 260.474 0.296
202103 0.253 264.877 0.319
202106 0.220 271.696 0.270
202109 0.238 274.310 0.290
202112 0.206 278.802 0.247
202203 0.199 287.504 0.231
202206 0.236 296.311 0.266
202209 0.260 296.808 0.293
202212 0.551 296.797 0.620
202303 0.210 301.836 0.232
202306 0.220 305.109 0.241
202309 0.224 307.789 0.243
202312 0.496 306.746 0.540
202403 0.354 312.332 0.379
202406 0.378 314.175 0.402
202409 0.384 315.301 0.407
202412 0.507 315.605 0.536
202503 0.373 319.799 0.390
202506 0.349 322.561 0.361
202509 0.353 324.800 0.363
202512 0.367 324.054 0.378
202603 0.395 330.213 0.399
202606 0.398 333.952 0.398

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

What does a Cyclically Adjusted Book per Share of €0.07 mean?
Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) has a Cyclically Adjusted Book per Share of €0.07 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Anadolu Efes Biracilik ve Maltnayi AS and its competitors.
Is Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share too high?
Anadolu Efes Biracilik ve Maltnayi AS's current Cyclically Adjusted Book per Share is €0.07. Overall, Anadolu Efes Biracilik ve Maltnayi AS has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share compare to KO and PEP?
Anadolu Efes Biracilik ve Maltnayi AS's Cyclically Adjusted Book per Share of €0.07 can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Beverages - Non-Alcoholic company?
A good Cyclically Adjusted Book per Share depends on the Beverages - Non-Alcoholic industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Anadolu Efes Biracilik ve Maltnayi AS and its competitors. Anadolu Efes Biracilik ve Maltnayi AS's current Cyclically Adjusted Book per Share is €0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anadolu Efes Biracilik ve Maltnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.17, compared to a current price of €0.23 — trading 35.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.07. Anadolu Efes Biracilik ve Maltnayi AS's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41), the current Cyclically Adjusted Book per Share is €0.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anadolu Efes Biracilik ve Maltnayi AS (FRA:EF41) Overvalued in 2026?

Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS stock appears to be overvalued. The current stock price of €0.23 is trading 35.3% above its estimated GF Value™ of €0.17. GuruFocus considers Anadolu Efes Biracilik ve Maltnayi AS to be Significantly Overvalued.

Key valuation signals for FRA:EF41:

  • Cyclically Adjusted Book per Share: €0.07
  • GF Value™: €0.17 vs. price of €0.23 (35.3% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the FRA:EF41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anadolu Efes Biracilik ve Maltnayi AS Business Description

Other Exchanges AEBZY:USAAEFES:Turkey
Address Fatih Sultan Mehmet Mahallesi Balkan Caddesi, Buyaka E Blok No: 58/24, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under several brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. The group operates in two segments: Beer Operations (Beer Group) and Soft Drinks Operations (Soft Drinks), and the majority of its revenue is generated from the soft drinks segment.
67GF Score

Get the complete analysis for FRA:EF41

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.23
Price
€0.17
GF Value