Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Cyclically Adjusted Book per Share: ₺0.45 (As of Jun. 2026)

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IST:LINK Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
80 GF Score
Price ₺5.68
GF Value ₺22.66
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted Book per Share?

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS IST:LINK +0.53% 80 Cyclically Adjusted Book per Share is ₺0.45 as of Jun. 2026. GuruFocus rates IST:LINK with a GF Score™ of 80/100 and a GF Value™ of ₺22.66 (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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's adjusted book value per share for the three months ended in Jun. 2026 was ₺2.420. 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 ₺0.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 87.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 58.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 43.50% 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS was 58.70% per year. The lowest was 26.00% per year. And the median was 41.50% per year.

As of today (2026-08-20), Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current stock price is ₺5.68. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₺0.45. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 12.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS was 136.38. The lowest was 10.30. And the median was 18.33.


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS  (IST:LINK) 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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.68/0.45
=12.62

* 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS was 136.38. The lowest was 10.30. And the median was 18.33.


Be Aware

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


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted Book per Share Related Terms


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted Book per Share Chart

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 0.06 0.08 0.10 0.17 0.32

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.28 0.32 0.38 0.45

IST:LINK vs QH, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:LINK
80GF Score
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.42/333.9520*333.9520
=2.420

Current CPI (Jun. 2026) = 333.9520.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.030 241.428 0.041
201612 0.038 241.432 0.053
201703 0.036 243.801 0.049
201706 0.036 244.955 0.049
201709 0.037 246.819 0.050
201712 0.046 246.524 0.062
201803 0.048 249.554 0.064
201806 0.051 251.989 0.068
201809 0.058 252.439 0.077
201812 0.062 251.233 0.082
201903 0.064 254.202 0.084
201906 0.065 256.143 0.085
201909 0.065 256.759 0.085
201912 0.077 256.974 0.100
202003 0.081 258.115 0.105
202006 0.087 257.797 0.113
202009 0.091 260.280 0.117
202012 0.101 260.474 0.129
202103 0.109 264.877 0.137
202106 0.106 271.696 0.130
202109 0.109 274.310 0.133
202112 0.152 278.802 0.182
202203 0.163 287.504 0.189
202206 0.152 296.311 0.171
202209 0.027 296.808 0.030
202212 0.377 296.797 0.424
202303 0.221 301.836 0.245
202306 0.215 305.109 0.235
202309 0.233 307.789 0.253
202312 0.462 306.746 0.503
202403 0.357 312.332 0.382
202406 0.403 314.175 0.428
202409 0.436 315.301 0.462
202412 1.459 315.605 1.544
202503 1.268 319.799 1.324
202506 1.481 322.561 1.533
202509 1.565 324.800 1.609
202512 1.820 324.054 1.876
202603 2.205 330.213 2.230
202606 2.420 333.952 2.420

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 ₺0.45 mean?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) has a Cyclically Adjusted Book per Share of ₺0.45 as of Jun. 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted Book per Share too high?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺0.45. Overall, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted Book per Share compare to QH and SHOP?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted Book per Share of ₺0.45 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺22.66, compared to a current price of ₺5.68 — trading 74.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺0.45. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's overall GF Score™ is 80/100 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK), the current Cyclically Adjusted Book per Share is ₺0.45 as of Jun. 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Overvalued in 2026?

Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺5.68 is trading 74.9% below its estimated GF Value™ of ₺22.66. GuruFocus considers Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS to be Significantly Undervalued.

Key valuation signals for IST:LINK:

  • Cyclically Adjusted Book per Share: ₺0.45
  • GF Value™: ₺22.66 vs. price of ₺5.68 (74.9% below fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Business Description

Address Kisikli Caddesi No.2, Ak Is Merkezi, A Blok Kat: 2, Altunizade, Uskudar, Istanbul, TUR, 34662
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS is a software development company. It develops integrated business application software that covers all accounting, production, and commercial operational requirements. Some of its products and solutions include e-Document e-Ledger; Bank Integration; Organized Industry Billing; e-Purchase Invoice Transfer; Mandatory Feed Operations Management and others.
80GF Score

Get the complete analysis for IST:LINK

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

₺5.68
Price
₺22.66
GF Value