Metro Yatirim Ortakligi AS (IST:MTRYO) Cyclically Adjusted Book per Share: ₺4.59 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:MTRYO Metro Yatirim Ortakligi AS IST:MTRYO
64 GF Score
Price ₺10.38
GF Value ₺9.41
Valuation Fairly Valued
! 3 Warning Signs
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What is Metro Yatirim Ortakligi AS Cyclically Adjusted Book per Share?

Metro Yatirim Ortakligi AS IST:MTRYO +0.68% 64 Cyclically Adjusted Book per Share is ₺4.59 as of Mar. 2026. GuruFocus rates IST:MTRYO with a GF Score™ of 64/100 and a GF Value™ of ₺9.41 (Fairly Valued). The stock has 3 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.

Metro Yatirim Ortakligi AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺13.893. 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 ₺4.59 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Metro Yatirim Ortakligi AS's average Cyclically Adjusted Book Growth Rate was 31.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.00% 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 Metro Yatirim Ortakligi AS was 26.90% per year. The lowest was 12.20% per year. And the median was 21.30% per year.

As of today (2026-07-15), Metro Yatirim Ortakligi AS's current stock price is ₺10.38. Metro Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺4.59. Metro Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Metro Yatirim Ortakligi AS was 4.67. The lowest was 0.53. And the median was 1.72.


Metro Yatirim Ortakligi AS  (IST:MTRYO) 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.

Metro Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.38/4.59
=2.26

* 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 Metro Yatirim Ortakligi AS was 4.67. The lowest was 0.53. And the median was 1.72.


Be Aware

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


Metro Yatirim Ortakligi AS Cyclically Adjusted Book per Share Related Terms


Metro Yatirim Ortakligi AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Metro Yatirim Ortakligi 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.

Metro Yatirim Ortakligi AS Cyclically Adjusted Book per Share Chart

Metro Yatirim Ortakligi 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 1.70 2.06 2.52 3.28 4.21

Metro Yatirim Ortakligi 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 3.49 3.73 4.00 4.21 4.59

IST:MTRYO vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Metro Yatirim Ortakligi 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.


Metro Yatirim Ortakligi AS Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Metro Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metro Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.


IST:MTRYO
64GF Score
Metro Yatirim Ortakligi AS IST:MTRYO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Yatirim Ortakligi 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, Metro Yatirim Ortakligi 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)
=13.893/330.2130*330.2130
=13.893

Current CPI (Mar. 2026) = 330.2130.

Metro Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.386 241.018 1.899
201609 1.392 241.428 1.904
201612 1.405 241.432 1.922
201703 1.418 243.801 1.921
201706 1.389 244.955 1.872
201709 1.445 246.819 1.933
201712 1.476 246.524 1.977
201803 1.501 249.554 1.986
201806 1.420 251.989 1.861
201809 1.439 252.439 1.882
201812 1.350 251.233 1.774
201903 1.336 254.202 1.735
201906 1.410 256.143 1.818
201909 1.635 256.759 2.103
201912 1.775 256.974 2.281
202003 1.591 258.115 2.035
202006 1.904 257.797 2.439
202009 1.924 260.280 2.441
202012 2.001 260.474 2.537
202103 1.953 264.877 2.435
202106 1.956 271.696 2.377
202109 1.929 274.310 2.322
202112 2.227 278.802 2.638
202203 2.360 287.504 2.711
202206 2.453 296.311 2.734
202209 3.260 296.808 3.627
202212 7.879 296.797 8.766
202303 4.008 301.836 4.385
202306 4.767 305.109 5.159
202309 6.251 307.789 6.706
202312 8.398 306.746 9.040
202403 6.785 312.332 7.173
202406 8.052 314.175 8.463
202409 8.319 315.301 8.712
202412 11.313 315.605 11.837
202503 8.978 319.799 9.270
202506 10.316 322.561 10.561
202509 11.313 324.800 11.502
202512 10.805 324.054 11.010
202603 13.893 330.213 13.893

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 ₺4.59 mean?
Metro Yatirim Ortakligi AS (IST:MTRYO) has a Cyclically Adjusted Book per Share of ₺4.59 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 Metro Yatirim Ortakligi AS and its competitors.
Is Metro Yatirim Ortakligi AS's Cyclically Adjusted Book per Share too high?
Metro Yatirim Ortakligi AS's current Cyclically Adjusted Book per Share is ₺4.59. Overall, Metro Yatirim Ortakligi AS has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro Yatirim Ortakligi AS's Cyclically Adjusted Book per Share compare to BLK and BX?
Metro Yatirim Ortakligi AS's Cyclically Adjusted Book per Share of ₺4.59 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Metro Yatirim Ortakligi AS and its competitors. Metro Yatirim Ortakligi AS's current Cyclically Adjusted Book per Share is ₺4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Metro Yatirim Ortakligi AS (IST:MTRYO) is currently considered Fairly Valued. The stock's GF Value™ is ₺9.41, compared to a current price of ₺10.38 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₺4.59. Metro Yatirim Ortakligi AS's overall GF Score™ is 64/100 with 3 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 Metro Yatirim Ortakligi AS (IST:MTRYO), the current Cyclically Adjusted Book per Share is ₺4.59 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 Metro Yatirim Ortakligi AS (IST:MTRYO) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺10.38 is trading 10.3% above its estimated GF Value™ of ₺9.41. GuruFocus considers Metro Yatirim Ortakligi AS to be Fairly Valued.

Key valuation signals for IST:MTRYO:

  • Cyclically Adjusted Book per Share: ₺4.59
  • GF Value™: ₺9.41 vs. price of ₺10.38 (10.3% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Metro Yatirim Ortakligi AS Business Description

Address Buyukdere Cad Number 171, Metrocity A Block Floor: 17 1.Levent, Istanbul, TUR
Metro Yatirim Ortakligi AS is a Turkey-based company formed to operate a portfolio of securities traded in national and international exchanges within the framework of the principles and rules determined by the relevant legislation.
64GF Score

Get the complete analysis for IST:MTRYO

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

₺10.38
Price
₺9.41
GF Value