Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) Cyclically Adjusted Book per Share: ₺93.09 (As of Mar. 2026)


IST:ALCAR Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
49 GF Score
Price ₺805.00
GF Value ₺932.84
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted Book per Share?

Alarko Carriernayi Ve Ticaret AS IST:ALCAR +5.50% 49 Cyclically Adjusted Book per Share is ₺93.09 as of Mar. 2026. GuruFocus rates IST:ALCAR with a GF Score™ of 49/100 and a GF Value™ of ₺932.84 (Modestly Undervalued). The stock has 10 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.

Alarko Carriernayi Ve Ticaret AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺188.258. 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 ₺93.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alarko Carriernayi Ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 23.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.00% 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 Alarko Carriernayi Ve Ticaret AS was 24.70% per year. The lowest was 8.00% per year. And the median was 18.40% per year.

As of today (2026-07-05), Alarko Carriernayi Ve Ticaret AS's current stock price is ₺805.00. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺93.09. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 8.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alarko Carriernayi Ve Ticaret AS was 32.65. The lowest was 1.02. And the median was 8.47.


Alarko Carriernayi Ve Ticaret AS  (IST:ALCAR) 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.

Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=805.00/93.09
=8.65

* 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 Alarko Carriernayi Ve Ticaret AS was 32.65. The lowest was 1.02. And the median was 8.47.


Be Aware

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


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted Book per Share Related Terms


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alarko Carriernayi Ve Ticaret 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.

Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted Book per Share Chart

Alarko Carriernayi Ve Ticaret 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 36.98 45.16 54.76 69.47 87.63

Alarko Carriernayi Ve Ticaret AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 75.60 79.99 84.47 87.63 93.09

IST:ALCAR vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Alarko Carriernayi 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.


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:ALCAR
49GF Score
Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarko Carriernayi Ve Ticaret 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, Alarko Carriernayi Ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=188.258/330.2130*330.2130
=188.258

Current CPI (Mar. 2026) = 330.2130.

Alarko Carriernayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.460 241.018 40.362
201609 30.164 241.428 41.257
201612 31.788 241.432 43.477
201703 29.792 243.801 40.351
201706 30.637 244.955 41.300
201709 31.885 246.819 42.658
201712 33.327 246.524 44.641
201803 31.514 249.554 41.700
201806 32.928 251.989 43.150
201809 35.192 252.439 46.034
201812 35.360 251.233 46.476
201903 35.626 254.202 46.279
201906 35.798 256.143 46.150
201909 36.327 256.759 46.719
201912 36.661 256.974 47.110
202003 37.146 258.115 47.522
202006 38.191 257.797 48.919
202009 40.420 260.280 51.280
202012 41.980 260.474 53.220
202103 41.791 264.877 52.099
202106 42.133 271.696 51.207
202109 42.462 274.310 51.116
202112 46.088 278.802 54.587
202203 54.116 287.504 62.155
202206 61.171 296.311 68.170
202209 66.180 296.808 73.628
202212 185.849 296.797 206.774
202303 90.751 301.836 99.283
202306 87.164 305.109 94.336
202309 87.471 307.789 93.844
202312 199.337 306.746 214.587
202403 149.837 312.332 158.415
202406 150.134 314.175 157.798
202409 0.000 315.301 0.000
202412 311.461 315.605 325.877
202503 243.168 319.799 251.087
202506 186.968 322.561 191.403
202509 195.376 324.800 198.632
202512 175.498 324.054 178.834
202603 188.258 330.213 188.258

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 ₺93.09 mean?
Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) has a Cyclically Adjusted Book per Share of ₺93.09 as of Mar. 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 Alarko Carriernayi Ve Ticaret AS and its competitors.
Is Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share too high?
Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺93.09. Overall, Alarko Carriernayi Ve Ticaret AS has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share compare to GEV and ETN?
Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share of ₺93.09 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Alarko Carriernayi Ve Ticaret AS and its competitors. Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺93.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Carriernayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺932.84, compared to a current price of ₺805.00 — trading 13.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺93.09. Alarko Carriernayi Ve Ticaret AS's overall GF Score™ is 49/100 with 10 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 Alarko Carriernayi Ve Ticaret AS (IST:ALCAR), the current Cyclically Adjusted Book per Share is ₺93.09 as of Mar. 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 Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺805.00 is trading 13.7% below its estimated GF Value™ of ₺932.84. GuruFocus considers Alarko Carriernayi Ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:ALCAR:

  • Cyclically Adjusted Book per Share: ₺93.09
  • GF Value™: ₺932.84 vs. price of ₺805.00 (13.7% below fair value)
  • GF Score™: 49/100 with 10 warning signs

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


Alarko Carriernayi Ve Ticaret AS Business Description

Address Muallim Naci Caddesi No.69, Ortakoy, Istanbul, TUR, 34347
Alarko Carrier Sanayi Ve Ticaret AS is a Turkey-based company that manufactures air handling units, rooftops, unit heaters, submersible pumps, gas-fired combi boilers, oil-fired domestic boilers, burners, and panel radiators. It markets air handling units, rooftops, and fan coils. The company also provides spare parts, assembly material, maintenance materials, and repair materials.
49GF Score

Get the complete analysis for IST:ALCAR

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

₺805.00
Price
₺932.84
GF Value