Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Cyclically Adjusted Book per Share: ₺32.88 (As of Mar. 2026)


IST:INGRM Ingram Micro Bilisim Sistemleri AS IST:INGRM
46 GF Score
Price ₺411.00
GF Value ₺787.08
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Ingram Micro Bilisim Sistemleri AS Cyclically Adjusted Book per Share?

Ingram Micro Bilisim Sistemleri AS IST:INGRM -1.26% 46 Cyclically Adjusted Book per Share is ₺32.88 as of Mar. 2026. GuruFocus rates IST:INGRM with a GF Score™ of 46/100 and a GF Value™ of ₺787.08 (Possible Value Trap). The stock has 7 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.

Ingram Micro Bilisim Sistemleri AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺83.412. 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 ₺32.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ingram Micro Bilisim Sistemleri AS's average Cyclically Adjusted Book Growth Rate was 36.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 42.60% 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 Ingram Micro Bilisim Sistemleri AS was 42.60% per year. The lowest was 39.10% per year. And the median was 40.85% per year.

As of today (2026-06-29), Ingram Micro Bilisim Sistemleri AS's current stock price is ₺411.00. Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺32.88. Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted PB Ratio of today is 12.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ingram Micro Bilisim Sistemleri AS was 77.08. The lowest was 2.94. And the median was 14.00.


Ingram Micro Bilisim Sistemleri AS  (IST:INGRM) 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.

Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=411.00/32.88
=12.50

* 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 Ingram Micro Bilisim Sistemleri AS was 77.08. The lowest was 2.94. And the median was 14.00.


Be Aware

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


Ingram Micro Bilisim Sistemleri AS Cyclically Adjusted Book per Share Related Terms


Ingram Micro Bilisim Sistemleri AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ingram Micro Bilisim Sistemleri 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.

Ingram Micro Bilisim Sistemleri AS Cyclically Adjusted Book per Share Chart

Ingram Micro Bilisim Sistemleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 8.33 12.14 17.29 24.14

Ingram Micro Bilisim Sistemleri AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 24.14 26.29 28.33 30.44 32.88

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

For the Electronics & Computer Distribution subindustry, Ingram Micro Bilisim Sistemleri 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.


Ingram Micro Bilisim Sistemleri AS Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted PB Ratio falls into.


IST:INGRM
46GF Score
Ingram Micro Bilisim Sistemleri AS IST:INGRM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingram Micro Bilisim Sistemleri 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, Ingram Micro Bilisim Sistemleri 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)
=83.412/330.2130*330.2130
=83.412

Current CPI (Mar. 2026) = 330.2130.

Ingram Micro Bilisim Sistemleri AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.525 238.132 6.275
201606 4.766 241.018 6.530
201609 4.965 241.428 6.791
201612 5.821 241.432 7.962
201703 6.047 243.801 8.190
201706 5.917 244.955 7.976
201709 6.227 246.819 8.331
201712 6.796 246.524 9.103
201803 7.333 249.554 9.703
201806 8.417 251.989 11.030
201809 10.673 252.439 13.961
201812 9.540 251.233 12.539
201903 10.338 254.202 13.429
201906 10.628 256.143 13.701
201909 10.661 256.759 13.711
201912 11.160 256.974 14.341
202003 12.361 258.115 15.814
202006 13.093 257.797 16.771
202009 14.859 260.280 18.851
202012 15.173 260.474 19.235
202103 16.801 264.877 20.945
202106 17.821 271.696 21.659
202109 18.542 274.310 22.321
202112 26.269 278.802 31.113
202203 28.727 287.504 32.994
202206 33.370 296.311 37.188
202209 37.873 296.808 42.136
202212 39.832 296.797 44.317
202303 42.574 301.836 46.577
202306 49.938 305.109 54.047
202309 54.643 307.789 58.624
202312 54.469 306.746 58.636
202403 62.066 312.332 65.619
202406 64.440 314.175 67.730
202409 68.747 315.301 71.998
202412 73.409 315.605 76.807
202503 78.244 319.799 80.792
202506 77.875 322.561 79.722
202509 82.854 324.800 84.235
202603 83.412 330.213 83.412

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 ₺32.88 mean?
Ingram Micro Bilisim Sistemleri AS (IST:INGRM) has a Cyclically Adjusted Book per Share of ₺32.88 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 Ingram Micro Bilisim Sistemleri AS and its competitors.
Is Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted Book per Share too high?
Ingram Micro Bilisim Sistemleri AS's current Cyclically Adjusted Book per Share is ₺32.88. Overall, Ingram Micro Bilisim Sistemleri AS has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted Book per Share compare to SNX and ARW?
Ingram Micro Bilisim Sistemleri AS's Cyclically Adjusted Book per Share of ₺32.88 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 Ingram Micro Bilisim Sistemleri AS and its competitors. Ingram Micro Bilisim Sistemleri AS's current Cyclically Adjusted Book per Share is ₺32.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingram Micro Bilisim Sistemleri AS stock overvalued right now?
Based on GuruFocus' analysis, Ingram Micro Bilisim Sistemleri AS (IST:INGRM) is currently considered Possible Value Trap. The stock's GF Value™ is ₺787.08, compared to a current price of ₺411.00 — trading 47.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺32.88. Ingram Micro Bilisim Sistemleri AS's overall GF Score™ is 46/100 with 7 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 Ingram Micro Bilisim Sistemleri AS (IST:INGRM), the current Cyclically Adjusted Book per Share is ₺32.88 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 Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Overvalued in 2026?

Based on GuruFocus' analysis, Ingram Micro Bilisim Sistemleri AS stock appears to be undervalued. The current stock price of ₺411.00 is trading 47.8% below its estimated GF Value™ of ₺787.08. GuruFocus considers Ingram Micro Bilisim Sistemleri AS to be Possible Value Trap.

Key valuation signals for IST:INGRM:

  • Cyclically Adjusted Book per Share: ₺32.88
  • GF Value™: ₺787.08 vs. price of ₺411.00 (47.8% below fair value)
  • GF Score™: 46/100 with 7 warning signs

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


Ingram Micro Bilisim Sistemleri AS Business Description

Address Ayazaga mah Azerbaycan Cad 2B, No: 3 K KapI No: 21, Sar?yer, Istanbul, TUR, 34485
Ingram Micro Bilisim Sistemleri AS is a Turkey-based distribution company active in the information technology sector. It engages in the distribution of value-added products in the field of information technology. Its products include computers, servers, storage, virtualization, security computer networking, industrial portable terminals, barcode readers, mobile products, and original equipment manufacturer products.
46GF Score

Get the complete analysis for IST:INGRM

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

₺411.00
Price
₺787.08
GF Value