Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS (IST:IHEVA) Cyclically Adjusted Book per Share: ₺2.44 (As of Mar. 2026)

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IST:IHEVA Ihlas Ev Aletleri Imalat Sanayi Ve Ticaret AS IST:IHEVA
61 GF Score
Price ₺2.01
GF Value ₺2.89
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Cyclically Adjusted Book per Share?

Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS IST:IHEVA -0.50% 61 Cyclically Adjusted Book per Share is ₺2.44 as of Mar. 2026. GuruFocus rates IST:IHEVA with a GF Score™ of 61/100 and a GF Value™ of ₺2.89 (Possible Value Trap). 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.

Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺6.257. 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 ₺2.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 25.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS was 19.80% per year. The lowest was 11.80% per year. And the median was 16.30% per year.

As of today (2026-07-23), Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's current stock price is ₺2.01. Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺2.44. Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS was 2.65. The lowest was 0.78. And the median was 1.19.


Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS  (IST:IHEVA) 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.

Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.01/2.44
=0.82

* 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS was 2.65. The lowest was 0.78. And the median was 1.19.


Be Aware

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


Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Cyclically Adjusted Book per Share Related Terms


Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ihlas Ev Aletleri Imalatnayi 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.

Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Cyclically Adjusted Book per Share Chart

Ihlas Ev Aletleri Imalatnayi 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 1.17 1.32 1.51 1.84 2.27

Ihlas Ev Aletleri Imalatnayi 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 1.95 2.05 2.17 2.27 2.44

IST:IHEVA vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ihlas Ev Aletleri Imalatnayi 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.


Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:IHEVA
61GF Score
Ihlas Ev Aletleri Imalat Sanayi Ve Ticaret AS IST:IHEVA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ihlas Ev Aletleri Imalatnayi 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, Ihlas Ev Aletleri Imalatnayi 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)
=6.257/330.2130*330.2130
=6.257

Current CPI (Mar. 2026) = 330.2130.

Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.047 241.018 1.434
201609 0.954 241.428 1.305
201612 0.955 241.432 1.306
201703 0.956 243.801 1.295
201706 0.953 244.955 1.285
201709 0.949 246.819 1.270
201712 0.949 246.524 1.271
201803 0.967 249.554 1.280
201806 0.931 251.989 1.220
201809 0.955 252.439 1.249
201812 0.983 251.233 1.292
201903 1.016 254.202 1.320
201906 1.010 256.143 1.302
201909 1.066 256.759 1.371
201912 1.129 256.974 1.451
202003 1.110 258.115 1.420
202006 1.103 257.797 1.413
202009 1.210 260.280 1.535
202012 1.228 260.474 1.557
202103 1.228 264.877 1.531
202106 1.232 271.696 1.497
202109 1.232 274.310 1.483
202112 1.414 278.802 1.675
202203 1.460 287.504 1.677
202206 1.527 296.311 1.702
202209 1.635 296.808 1.819
202212 3.593 296.797 3.998
202303 2.097 301.836 2.294
202306 2.207 305.109 2.389
202309 2.331 307.789 2.501
202312 4.223 306.746 4.546
202403 3.285 312.332 3.473
202406 3.469 314.175 3.646
202409 3.845 315.301 4.027
202412 5.715 315.605 5.980
202503 4.776 319.799 4.932
202506 4.956 322.561 5.074
202509 5.348 324.800 5.437
202512 5.810 324.054 5.920
202603 6.257 330.213 6.257

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 ₺2.44 mean?
Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS (IST:IHEVA) has a Cyclically Adjusted Book per Share of ₺2.44 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS and its competitors.
Is Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share too high?
Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺2.44. Overall, Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share compare to SN and SGI?
Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share of ₺2.44 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS and its competitors. Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS (IST:IHEVA) is currently considered Possible Value Trap. The stock's GF Value™ is ₺2.89, compared to a current price of ₺2.01 — trading 30.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺2.44. Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS's overall GF Score™ is 61/100 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS (IST:IHEVA), the current Cyclically Adjusted Book per Share is ₺2.44 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 Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS (IST:IHEVA) Overvalued in 2026?

Based on GuruFocus' analysis, Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺2.01 is trading 30.4% below its estimated GF Value™ of ₺2.89. GuruFocus considers Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:IHEVA:

  • Cyclically Adjusted Book per Share: ₺2.44
  • GF Value™: ₺2.89 vs. price of ₺2.01 (30.4% below fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Ihlas Ev Aletleri Imalatnayi Ve Ticaret AS Business Description

Address Mermerciler Sanayi Sitesi, 7. Cadde No.12, Beylikduzu, Istanbul, TUR, 34524
Ihlas Ev Aletleri Imalat Sanayi Ve Ticaret AS is a Turkey-based company which engages in the manufacture and sale of home appliances. Its products include cleaning robots, reverse osmosis systems, electrical water heaters, water purifiers, built-in products, electrical room heaters, health products, vacuum cleaners, tea sets, electronic scales, and insect propellers. It also offers spare parts and after-sale services.
61GF Score

Get the complete analysis for IST:IHEVA

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

₺2.01
Price
₺2.89
GF Value