Kron Teknoloji AS (IST:KRONT) Cyclically Adjusted Book per Share: ₺1.04 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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IST:KRONT Kron Teknoloji AS IST:KRONT
80 GF Score
Price ₺22.04
GF Value ₺17.27
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Kron Teknoloji AS Cyclically Adjusted Book per Share?

Kron Teknoloji AS IST:KRONT -2.04% 80 Cyclically Adjusted Book per Share is ₺1.04 as of Dec. 2025. GuruFocus rates IST:KRONT with a GF Score™ of 80/100 and a GF Value™ of ₺17.27 (Modestly Overvalued). The stock has 2 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.

Kron Teknoloji AS's adjusted book value per share for the three months ended in Dec. 2025 was ₺4.322. 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 ₺1.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kron Teknoloji AS's average Cyclically Adjusted Book Growth Rate was 50.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 51.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 43.30% 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 Kron Teknoloji AS was 51.30% per year. The lowest was 34.70% per year. And the median was 46.40% per year.

As of today (2026-07-22), Kron Teknoloji AS's current stock price is ₺22.04. Kron Teknoloji AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺1.04. Kron Teknoloji AS's Cyclically Adjusted PB Ratio of today is 21.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kron Teknoloji AS was 43.13. The lowest was 8.81. And the median was 17.23.


Kron Teknoloji AS  (IST:KRONT) 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.

Kron Teknoloji AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.04/1.04
=21.19

* 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 Kron Teknoloji AS was 43.13. The lowest was 8.81. And the median was 17.23.


Be Aware

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


Kron Teknoloji AS Cyclically Adjusted Book per Share Related Terms


Kron Teknoloji AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kron Teknoloji 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.

Kron Teknoloji AS Cyclically Adjusted Book per Share Chart

Kron Teknoloji 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 0.22 0.30 0.44 0.69 1.04

Kron Teknoloji AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.69 0.76 0.85 0.94 1.04

IST:KRONT vs MSFT, ORCL, PLTR: Cyclically Adjusted Book per Share Comparison

For the Software - Infrastructure subindustry, Kron Teknoloji 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.


Kron Teknoloji AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Kron Teknoloji AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:KRONT
80GF Score
Kron Teknoloji AS IST:KRONT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kron Teknoloji 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, Kron Teknoloji AS's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4.322/324.0540*324.0540
=4.322

Current CPI (Dec. 2025) = 324.0540.

Kron Teknoloji AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.131 238.132 0.178
201606 0.133 241.018 0.179
201609 0.147 241.428 0.197
201612 0.209 241.432 0.281
201703 0.212 243.801 0.282
201706 0.198 244.955 0.262
201709 0.204 246.819 0.268
201712 0.247 246.524 0.325
201803 0.233 249.554 0.303
201806 0.252 251.989 0.324
201809 0.259 252.439 0.332
201812 0.267 251.233 0.344
201903 0.273 254.202 0.348
201906 0.285 256.143 0.361
201909 0.280 256.759 0.353
201912 0.332 256.974 0.419
202003 0.333 258.115 0.418
202006 0.331 257.797 0.416
202009 0.342 260.280 0.426
202012 0.382 260.474 0.475
202103 0.384 264.877 0.470
202106 0.386 271.696 0.460
202109 0.384 274.310 0.454
202112 0.515 278.802 0.599
202203 0.509 287.504 0.574
202206 0.488 296.311 0.534
202209 0.668 296.808 0.729
202212 1.462 296.797 1.596
202303 0.740 301.836 0.794
202306 0.918 305.109 0.975
202309 1.009 307.789 1.062
202312 2.796 306.746 2.954
202403 2.066 312.332 2.144
202406 2.258 314.175 2.329
202409 2.322 315.301 2.386
202412 3.090 315.605 3.173
202503 2.665 319.799 2.700
202506 3.376 322.561 3.392
202509 3.648 324.800 3.640
202512 4.322 324.054 4.322

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 ₺1.04 mean?
Kron Teknoloji AS (IST:KRONT) has a Cyclically Adjusted Book per Share of ₺1.04 as of Dec. 2025. 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 Kron Teknoloji AS and its competitors.
Is Kron Teknoloji AS's Cyclically Adjusted Book per Share too high?
Kron Teknoloji AS's current Cyclically Adjusted Book per Share is ₺1.04. Overall, Kron Teknoloji AS has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kron Teknoloji AS's Cyclically Adjusted Book per Share compare to MSFT and ORCL?
Kron Teknoloji AS's Cyclically Adjusted Book per Share of ₺1.04 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Kron Teknoloji AS and its competitors. Kron Teknoloji AS's current Cyclically Adjusted Book per Share is ₺1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kron Teknoloji AS stock overvalued right now?
Based on GuruFocus' analysis, Kron Teknoloji AS (IST:KRONT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺17.27, compared to a current price of ₺22.04 — trading 27.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₺1.04. Kron Teknoloji AS's overall GF Score™ is 80/100 with 2 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 Kron Teknoloji AS (IST:KRONT), the current Cyclically Adjusted Book per Share is ₺1.04 as of Dec. 2025. 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 Kron Teknoloji AS (IST:KRONT) Overvalued in 2026?

Based on GuruFocus' analysis, Kron Teknoloji AS stock appears to be overvalued. The current stock price of ₺22.04 is trading 27.6% above its estimated GF Value™ of ₺17.27. GuruFocus considers Kron Teknoloji AS to be Modestly Overvalued.

Key valuation signals for IST:KRONT:

  • Cyclically Adjusted Book per Share: ₺1.04
  • GF Value™: ₺17.27 vs. price of ₺22.04 (27.6% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Kron Teknoloji AS Business Description

Address Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805
Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.
80GF Score

Get the complete analysis for IST:KRONT

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

₺22.04
Price
₺17.27
GF Value