Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) Cyclically Adjusted Book per Share: ₺8.32 (As of Mar. 2026)


IST:DESPC Despec Bilgisayar Pazarlama ve Ticaret IST:DESPC
61 GF Score
Price ₺43.16
GF Value ₺68.03
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Despec Bilgisayar Pazarlama ve Ticaret Cyclically Adjusted Book per Share?

Despec Bilgisayar Pazarlama ve Ticaret IST:DESPC +0.47% 61 Cyclically Adjusted Book per Share is ₺8.32 as of Mar. 2026. GuruFocus rates IST:DESPC with a GF Score™ of 61/100 and a GF Value™ of ₺68.03 (Significantly Undervalued). The stock has 3 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.

Despec Bilgisayar Pazarlama ve Ticaret's adjusted book value per share for the three months ended in Mar. 2026 was ₺18.193. 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 ₺8.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Despec Bilgisayar Pazarlama ve Ticaret's average Cyclically Adjusted Book Growth Rate was 26.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.10% 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 Despec Bilgisayar Pazarlama ve Ticaret was 25.00% per year. The lowest was 17.80% per year. And the median was 23.55% per year.

As of today (2026-07-06), Despec Bilgisayar Pazarlama ve Ticaret's current stock price is ₺43.16. Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺8.32. Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Despec Bilgisayar Pazarlama ve Ticaret was 13.07. The lowest was 1.16. And the median was 4.58.


Despec Bilgisayar Pazarlama ve Ticaret  (IST:DESPC) 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.

Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.16/8.32
=5.19

* 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 Despec Bilgisayar Pazarlama ve Ticaret was 13.07. The lowest was 1.16. And the median was 4.58.


Be Aware

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


Despec Bilgisayar Pazarlama ve Ticaret Cyclically Adjusted Book per Share Related Terms


Despec Bilgisayar Pazarlama ve Ticaret Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Despec Bilgisayar Pazarlama ve Ticaret'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.

Despec Bilgisayar Pazarlama ve Ticaret Cyclically Adjusted Book per Share Chart

Despec Bilgisayar Pazarlama ve Ticaret 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 3.16 4.01 4.88 6.17 7.80

Despec Bilgisayar Pazarlama ve Ticaret 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 6.58 7.01 7.46 7.80 8.32

IST:DESPC vs SNX, ARW, AVT: Cyclically Adjusted Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Despec Bilgisayar Pazarlama ve Ticaret'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.


Despec Bilgisayar Pazarlama ve Ticaret Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted PB Ratio falls into.


IST:DESPC
61GF Score
Despec Bilgisayar Pazarlama ve Ticaret IST:DESPC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Despec Bilgisayar Pazarlama ve Ticaret 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, Despec Bilgisayar Pazarlama ve Ticaret'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)
=18.193/330.2130*330.2130
=18.193

Current CPI (Mar. 2026) = 330.2130.

Despec Bilgisayar Pazarlama ve Ticaret Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.059 241.018 2.821
201609 2.157 241.428 2.950
201612 2.429 241.432 3.322
201703 2.547 243.801 3.450
201706 2.239 244.955 3.018
201709 2.328 246.819 3.115
201712 2.468 246.524 3.306
201803 2.623 249.554 3.471
201806 2.845 251.989 3.728
201809 3.333 252.439 4.360
201812 3.367 251.233 4.425
201903 3.509 254.202 4.558
201906 3.113 256.143 4.013
201909 3.159 256.759 4.063
201912 3.387 256.974 4.352
202003 3.761 258.115 4.812
202006 3.921 257.797 5.022
202009 4.404 260.280 5.587
202012 4.263 260.474 5.404
202103 4.493 264.877 5.601
202106 4.813 271.696 5.850
202109 4.879 274.310 5.873
202112 6.071 278.802 7.190
202203 6.471 287.504 7.432
202206 7.229 296.311 8.056
202209 7.708 296.808 8.576
202212 13.294 296.797 14.791
202303 8.073 301.836 8.832
202306 8.149 305.109 8.819
202309 8.979 307.789 9.633
202312 14.216 306.746 15.304
202403 10.572 312.332 11.177
202406 13.328 314.175 14.008
202409 13.892 315.301 14.549
202412 19.450 315.605 20.350
202503 16.568 319.799 17.108
202506 17.831 322.561 18.254
202509 19.313 324.800 19.635
202512 17.592 324.054 17.926
202603 18.193 330.213 18.193

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 ₺8.32 mean?
Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) has a Cyclically Adjusted Book per Share of ₺8.32 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 Despec Bilgisayar Pazarlama ve Ticaret and its competitors.
Is Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted Book per Share too high?
Despec Bilgisayar Pazarlama ve Ticaret's current Cyclically Adjusted Book per Share is ₺8.32. Overall, Despec Bilgisayar Pazarlama ve Ticaret has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted Book per Share compare to SNX and ARW?
Despec Bilgisayar Pazarlama ve Ticaret's Cyclically Adjusted Book per Share of ₺8.32 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Despec Bilgisayar Pazarlama ve Ticaret and its competitors. Despec Bilgisayar Pazarlama ve Ticaret's current Cyclically Adjusted Book per Share is ₺8.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Despec Bilgisayar Pazarlama ve Ticaret stock overvalued right now?
Based on GuruFocus' analysis, Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺68.03, compared to a current price of ₺43.16 — trading 36.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺8.32. Despec Bilgisayar Pazarlama ve Ticaret's overall GF Score™ is 61/100 with 3 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 Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC), the current Cyclically Adjusted Book per Share is ₺8.32 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 Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) Overvalued in 2026?

Based on GuruFocus' analysis, Despec Bilgisayar Pazarlama ve Ticaret stock appears to be undervalued. The current stock price of ₺43.16 is trading 36.6% below its estimated GF Value™ of ₺68.03. GuruFocus considers Despec Bilgisayar Pazarlama ve Ticaret to be Significantly Undervalued.

Key valuation signals for IST:DESPC:

  • Cyclically Adjusted Book per Share: ₺8.32
  • GF Value™: ₺68.03 vs. price of ₺43.16 (36.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Despec Bilgisayar Pazarlama ve Ticaret Business Description

Address Street No: 21 Seba Office Boulevard, Ayazaga Neighborhood Mimar Sinan, D Block Floor: 1 Section No: 9 Sariyer, Istanbul, TUR, 34485
Despec Bilgisayar Pazarlama ve Ticaret offers distribution services for almost all kinds of information technology consumption products to computer companies and office supply stores countrywide in Turkey through its well-organized distribution network. It offers products such as toner, ink cartridge, printer tape, backup products, paper products, accessories, and others. A part of the group's sales consists of HP products (especially printer toners and cartridges). Other products distributed by the company are of brands of Canon, Samsung, Steelseries, Epson, Oki, Xerox, IBM, Emtec, Lexmark, Trust, Targus, Jabra, Toshiba, and Apple. Geographically, all the activities are functioned through the region of Turkey.
61GF Score

Get the complete analysis for IST:DESPC

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

₺43.16
Price
₺68.03
GF Value