Kutahya Porselennayii AS (IST:KUTPO) Cyclically Adjusted Book per Share: ₺29.71 (As of Dec. 2025)


IST:KUTPO Kutahya Porselen Sanayii AS IST:KUTPO
49 GF Score
Price ₺88.35
GF Value ₺2.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kutahya Porselennayii AS Cyclically Adjusted Book per Share?

Kutahya Porselennayii AS IST:KUTPO +0.91% 49 Cyclically Adjusted Book per Share is ₺29.71 as of Dec. 2025. GuruFocus rates IST:KUTPO with a GF Score™ of 49/100 and a GF Value™ of ₺2.23 (Significantly Overvalued). The stock has 5 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.

Kutahya Porselennayii AS's adjusted book value per share for the three months ended in Dec. 2025 was ₺109.427. 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 ₺29.71 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Kutahya Porselennayii AS's average Cyclically Adjusted Book Growth Rate was 51.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 46.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 36.90% 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 Kutahya Porselennayii AS was 46.60% per year. The lowest was 24.70% per year. And the median was 39.70% per year.

As of today (2026-07-04), Kutahya Porselennayii AS's current stock price is ₺88.35. Kutahya Porselennayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺29.71. Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio of today is 2.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kutahya Porselennayii AS was 18.66. The lowest was 1.05. And the median was 5.32.


Kutahya Porselennayii AS  (IST:KUTPO) 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.

Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.35/29.71
=2.97

* 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 Kutahya Porselennayii AS was 18.66. The lowest was 1.05. And the median was 5.32.


Be Aware

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


Kutahya Porselennayii AS Cyclically Adjusted Book per Share Related Terms


Kutahya Porselennayii AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kutahya Porselennayii 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.

Kutahya Porselennayii AS Cyclically Adjusted Book per Share Chart

Kutahya Porselennayii 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 7.20 9.43 12.34 19.64 29.71

Kutahya Porselennayii 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 19.64 22.05 24.54 27.23 29.71

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

For the Furnishings, Fixtures & Appliances subindustry, Kutahya Porselennayii 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.


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:KUTPO
49GF Score
Kutahya Porselen Sanayii AS IST:KUTPO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Kutahya Porselennayii 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, Kutahya Porselennayii 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)
=109.427/324.0540*324.0540
=109.427

Current CPI (Dec. 2025) = 324.0540.

Kutahya Porselennayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 5.681 238.132 7.731
201606 6.180 241.018 8.309
201609 6.401 241.428 8.592
201612 6.373 241.432 8.554
201703 6.264 243.801 8.326
201706 6.561 244.955 8.680
201709 6.965 246.819 9.144
201712 7.046 246.524 9.262
201803 7.249 249.554 9.413
201806 7.482 251.989 9.622
201809 7.731 252.439 9.924
201812 7.721 251.233 9.959
201903 7.850 254.202 10.007
201906 8.182 256.143 10.351
201909 8.215 256.759 10.368
201912 8.666 256.974 10.928
202003 8.614 258.115 10.815
202006 8.882 257.797 11.165
202009 9.034 260.280 11.248
202012 9.436 260.474 11.739
202103 9.538 264.877 11.669
202106 9.643 271.696 11.501
202109 9.702 274.310 11.461
202112 10.123 278.802 11.766
202203 11.098 287.504 12.509
202206 12.290 296.311 13.441
202209 13.561 296.808 14.806
202212 50.469 296.797 55.104
202303 14.930 301.836 16.029
202306 15.919 305.109 16.907
202309 17.463 307.789 18.386
202312 73.861 306.746 78.029
202403 60.377 312.332 62.643
202406 65.299 314.175 67.352
202409 73.176 315.301 75.207
202412 104.117 315.605 106.904
202503 92.717 319.799 93.951
202506 98.898 322.561 99.356
202509 108.059 324.800 107.811
202512 109.427 324.054 109.427

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 ₺29.71 mean?
Kutahya Porselennayii AS (IST:KUTPO) has a Cyclically Adjusted Book per Share of ₺29.71 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 Kutahya Porselennayii AS and its competitors.
Is Kutahya Porselennayii AS's Cyclically Adjusted Book per Share too high?
Kutahya Porselennayii AS's current Cyclically Adjusted Book per Share is ₺29.71. Overall, Kutahya Porselennayii AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kutahya Porselennayii AS's Cyclically Adjusted Book per Share compare to SN and SGI?
Kutahya Porselennayii AS's Cyclically Adjusted Book per Share of ₺29.71 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 Kutahya Porselennayii AS and its competitors. Kutahya Porselennayii AS's current Cyclically Adjusted Book per Share is ₺29.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kutahya Porselennayii AS stock overvalued right now?
Based on GuruFocus' analysis, Kutahya Porselennayii AS (IST:KUTPO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.23, compared to a current price of ₺88.35 — trading 3861.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₺29.71. Kutahya Porselennayii AS's overall GF Score™ is 49/100 with 5 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 Kutahya Porselennayii AS (IST:KUTPO), the current Cyclically Adjusted Book per Share is ₺29.71 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 Kutahya Porselennayii AS (IST:KUTPO) Overvalued in 2026?

Based on GuruFocus' analysis, Kutahya Porselennayii AS stock appears to be overvalued. The current stock price of ₺88.35 is trading 3861.9% above its estimated GF Value™ of ₺2.23. GuruFocus considers Kutahya Porselennayii AS to be Significantly Overvalued.

Key valuation signals for IST:KUTPO:

  • Cyclically Adjusted Book per Share: ₺29.71
  • GF Value™: ₺2.23 vs. price of ₺88.35 (3861.9% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Kutahya Porselennayii AS Business Description

Address Eskisehir Yolu 8 Km, Kutahya, TUR, 43001
Kutahya Porselen Sanayii AS is engaged in manufacturing porcelain tableware, decorative items and floor and wall tiles. Its products also include cardboard boxes, microwaveable cardboard boxes, adhesive paper and other packaging materials.
49GF Score

Get the complete analysis for IST:KUTPO

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

₺88.35
Price
₺2.23
GF Value