Ege Seramiknayi ve Ticaret AS (IST:EGSER) Cyclically Adjusted Book per Share: ₺1.42 (As of Mar. 2026)


IST:EGSER Ege Seramik Sanayi ve Ticaret AS IST:EGSER
47 GF Score
Price ₺3.23
GF Value ₺3.57
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ege Seramiknayi ve Ticaret AS Cyclically Adjusted Book per Share?

Ege Seramiknayi ve Ticaret AS IST:EGSER -1.52% 47 Cyclically Adjusted Book per Share is ₺1.42 as of Mar. 2026. GuruFocus rates IST:EGSER with a GF Score™ of 47/100 and a GF Value™ of ₺3.57 (Modestly Undervalued). The stock has 8 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.

Ege Seramiknayi ve Ticaret AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺2.885. 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 ₺1.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ege Seramiknayi ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 27.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 45.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 40.50% 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 Ege Seramiknayi ve Ticaret AS was 47.60% per year. The lowest was 34.70% per year. And the median was 45.70% per year.

As of today (2026-07-03), Ege Seramiknayi ve Ticaret AS's current stock price is ₺3.23. Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺1.42. Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ege Seramiknayi ve Ticaret AS was 11.20. The lowest was 1.46. And the median was 4.04.


Ege Seramiknayi ve Ticaret AS  (IST:EGSER) 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.

Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.23/1.42
=2.27

* 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 Ege Seramiknayi ve Ticaret AS was 11.20. The lowest was 1.46. And the median was 4.04.


Be Aware

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


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted Book per Share Related Terms


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ege Seramiknayi 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.

Ege Seramiknayi ve Ticaret AS Cyclically Adjusted Book per Share Chart

Ege Seramiknayi 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 0.32 0.43 0.66 1.03 1.33

Ege Seramiknayi 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 1.11 1.19 1.27 1.33 1.42

IST:EGSER vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Ege Seramiknayi 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.


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:EGSER
47GF Score
Ege Seramik Sanayi ve Ticaret AS IST:EGSER
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ege Seramiknayi 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, Ege Seramiknayi 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)
=2.885/330.2130*330.2130
=2.885

Current CPI (Mar. 2026) = 330.2130.

Ege Seramiknayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.248 241.018 0.340
201609 0.313 241.428 0.428
201612 0.261 241.432 0.357
201703 0.271 243.801 0.367
201706 0.276 244.955 0.372
201709 0.292 246.819 0.391
201712 0.304 246.524 0.407
201803 0.311 249.554 0.412
201806 0.319 251.989 0.418
201809 0.348 252.439 0.455
201812 0.353 251.233 0.464
201903 0.356 254.202 0.462
201906 0.328 256.143 0.423
201909 0.333 256.759 0.428
201912 0.349 256.974 0.448
202003 0.358 258.115 0.458
202006 0.366 257.797 0.469
202009 0.400 260.280 0.507
202012 0.448 260.474 0.568
202103 0.491 264.877 0.612
202106 0.466 271.696 0.566
202109 0.509 274.310 0.613
202112 0.654 278.802 0.775
202203 0.763 287.504 0.876
202206 0.739 296.311 0.824
202209 0.806 296.808 0.897
202212 1.949 296.797 2.168
202303 1.056 301.836 1.155
202306 1.815 305.109 1.964
202309 1.973 307.789 2.117
202312 4.834 306.746 5.204
202403 3.401 312.332 3.596
202406 3.567 314.175 3.749
202409 3.396 315.301 3.557
202412 4.383 315.605 4.586
202503 3.279 319.799 3.386
202506 3.031 322.561 3.103
202509 2.944 324.800 2.993
202512 2.765 324.054 2.818
202603 2.885 330.213 2.885

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 ₺1.42 mean?
Ege Seramiknayi ve Ticaret AS (IST:EGSER) has a Cyclically Adjusted Book per Share of ₺1.42 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 Ege Seramiknayi ve Ticaret AS and its competitors.
Is Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted Book per Share too high?
Ege Seramiknayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺1.42. Overall, Ege Seramiknayi ve Ticaret AS has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted Book per Share compare to CRH and VMC?
Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted Book per Share of ₺1.42 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Ege Seramiknayi ve Ticaret AS and its competitors. Ege Seramiknayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Seramiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ege Seramiknayi ve Ticaret AS (IST:EGSER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.57, compared to a current price of ₺3.23 — trading 9.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺1.42. Ege Seramiknayi ve Ticaret AS's overall GF Score™ is 47/100 with 8 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 Ege Seramiknayi ve Ticaret AS (IST:EGSER), the current Cyclically Adjusted Book per Share is ₺1.42 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 Ege Seramiknayi ve Ticaret AS (IST:EGSER) Overvalued in 2026?

Based on GuruFocus' analysis, Ege Seramiknayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺3.23 is trading 9.5% below its estimated GF Value™ of ₺3.57. GuruFocus considers Ege Seramiknayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:EGSER:

  • Cyclically Adjusted Book per Share: ₺1.42
  • GF Value™: ₺3.57 vs. price of ₺3.23 (9.5% below fair value)
  • GF Score™: 47/100 with 8 warning signs

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


Ege Seramiknayi ve Ticaret AS Business Description

Address Ankara Karayolu 26.km, Kemalpasa, Izmir, TUR, 35170
Ege Seramik Sanayi ve Ticaret AS is involved in manufacturing and marketing of ceramic and porcelain products. It offers glazed porcelain, floor tiles, and wall tiles. Some of its products range include Absolute, Adonis, Alaska, Albis, Earthwood, Edgewood, And Ege Tech.
47GF Score

Get the complete analysis for IST:EGSER

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

₺3.23
Price
₺3.57
GF Value