Ford Otomotivnayi AS (IST:FROTO) Cyclically Adjusted Book per Share: ₺11.77 (As of Mar. 2026)


IST:FROTO Ford Otomotiv Sanayi AS IST:FROTO
81 GF Score
Price ₺83.75
GF Value ₺125.45
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Ford Otomotivnayi AS Cyclically Adjusted Book per Share?

Ford Otomotivnayi AS IST:FROTO +0.06% 81 Cyclically Adjusted Book per Share is ₺11.77 as of Mar. 2026. GuruFocus rates IST:FROTO with a GF Score™ of 81/100 and a GF Value™ of ₺125.45 (Significantly Undervalued). The stock has 6 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.

Ford Otomotivnayi AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺46.860. 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 ₺11.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ford Otomotivnayi AS's average Cyclically Adjusted Book Growth Rate was 64.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 79.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 65.80% 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 Ford Otomotivnayi AS was 79.90% per year. The lowest was 14.60% per year. And the median was 50.50% per year.

As of today (2026-07-05), Ford Otomotivnayi AS's current stock price is ₺83.75. Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺11.77. Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio of today is 7.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ford Otomotivnayi AS was 44.31. The lowest was 5.49. And the median was 16.28.


Ford Otomotivnayi AS  (IST:FROTO) 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.

Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=83.75/11.77
=7.12

* 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 Ford Otomotivnayi AS was 44.31. The lowest was 5.49. And the median was 16.28.


Be Aware

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


Ford Otomotivnayi AS Cyclically Adjusted Book per Share Related Terms


Ford Otomotivnayi AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ford Otomotivnayi 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.

Ford Otomotivnayi AS Cyclically Adjusted Book per Share Chart

Ford Otomotivnayi 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 1.16 1.79 3.17 6.23 10.43

Ford Otomotivnayi 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 7.17 8.21 9.37 10.43 11.77

IST:FROTO vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Ford Otomotivnayi 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio falls into.


IST:FROTO
81GF Score
Ford Otomotiv Sanayi AS IST:FROTO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ford Otomotivnayi 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, Ford Otomotivnayi 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)
=46.86/330.2130*330.2130
=46.860

Current CPI (Mar. 2026) = 330.2130.

Ford Otomotivnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.908 241.018 1.244
201609 0.940 241.428 1.286
201612 0.902 241.432 1.234
201703 0.847 243.801 1.147
201706 0.949 244.955 1.279
201709 1.037 246.819 1.387
201712 1.053 246.524 1.410
201803 0.920 249.554 1.217
201806 1.026 251.989 1.344
201809 0.975 252.439 1.275
201812 1.109 251.233 1.458
201903 0.995 254.202 1.293
201906 1.126 256.143 1.452
201909 1.316 256.759 1.692
201912 1.329 256.974 1.708
202003 1.145 258.115 1.465
202006 1.183 257.797 1.515
202009 1.360 260.280 1.725
202012 2.007 260.474 2.544
202103 1.724 264.877 2.149
202106 1.988 271.696 2.416
202109 2.566 274.310 3.089
202112 2.892 278.802 3.425
202203 2.364 287.504 2.715
202206 3.325 296.311 3.705
202209 4.457 296.808 4.959
202212 14.574 296.797 16.215
202303 6.287 301.836 6.878
202306 7.777 305.109 8.417
202309 11.543 307.789 12.384
202312 30.038 306.746 32.336
202403 25.623 312.332 27.090
202406 24.888 314.175 26.158
202409 28.890 315.301 30.256
202412 42.979 315.605 44.968
202503 35.578 319.799 36.737
202506 40.027 322.561 40.977
202509 45.246 324.800 46.000
202512 44.462 324.054 45.307
202603 46.860 330.213 46.860

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 ₺11.77 mean?
Ford Otomotivnayi AS (IST:FROTO) has a Cyclically Adjusted Book per Share of ₺11.77 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 Ford Otomotivnayi AS and its competitors.
Is Ford Otomotivnayi AS's Cyclically Adjusted Book per Share too high?
Ford Otomotivnayi AS's current Cyclically Adjusted Book per Share is ₺11.77. Overall, Ford Otomotivnayi AS has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ford Otomotivnayi AS's Cyclically Adjusted Book per Share compare to TSLA and GM?
Ford Otomotivnayi AS's Cyclically Adjusted Book per Share of ₺11.77 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Ford Otomotivnayi AS and its competitors. Ford Otomotivnayi AS's current Cyclically Adjusted Book per Share is ₺11.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ford Otomotivnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ford Otomotivnayi AS (IST:FROTO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺125.45, compared to a current price of ₺83.75 — trading 33.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺11.77. Ford Otomotivnayi AS's overall GF Score™ is 81/100 with 6 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 Ford Otomotivnayi AS (IST:FROTO), the current Cyclically Adjusted Book per Share is ₺11.77 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 Ford Otomotivnayi AS (IST:FROTO) Overvalued in 2026?

Based on GuruFocus' analysis, Ford Otomotivnayi AS stock appears to be undervalued. The current stock price of ₺83.75 is trading 33.2% below its estimated GF Value™ of ₺125.45. GuruFocus considers Ford Otomotivnayi AS to be Significantly Undervalued.

Key valuation signals for IST:FROTO:

  • Cyclically Adjusted Book per Share: ₺11.77
  • GF Value™: ₺125.45 vs. price of ₺83.75 (33.2% below fair value)
  • GF Score™: 81/100 with 6 warning signs

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


Ford Otomotivnayi AS Business Description

Other Exchanges FOVSY:USAFO9A:Germany
Address Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.
81GF Score

Get the complete analysis for IST:FROTO

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

₺83.75
Price
₺125.45
GF Value