Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Cyclically Adjusted Book per Share: ₺27.23 (As of Mar. 2026)


IST:SISE Turkiye Sise ve Cam Fabrikalari AS IST:SISE
90 GF Score
Price ₺45.32
GF Value ₺58.41
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share?

Turkiye Sise ve Cam Fabrikalari AS IST:SISE +2.44% 90 Cyclically Adjusted Book per Share is ₺27.23 as of Mar. 2026. GuruFocus rates IST:SISE with a GF Score™ of 90/100 and a GF Value™ of ₺58.41 (Modestly Undervalued). The stock has 8 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.

Turkiye Sise ve Cam Fabrikalari AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺85.934. 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 ₺27.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Turkiye Sise ve Cam Fabrikalari AS's average Cyclically Adjusted Book Growth Rate was 42.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 49.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 46.50% 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 Turkiye Sise ve Cam Fabrikalari AS was 51.80% per year. The lowest was 16.00% per year. And the median was 36.15% per year.

As of today (2026-06-28), Turkiye Sise ve Cam Fabrikalari AS's current stock price is ₺45.32. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺27.23. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkiye Sise ve Cam Fabrikalari AS was 6.74. The lowest was 0.08. And the median was 1.91.


Turkiye Sise ve Cam Fabrikalari AS  (IST:SISE) 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.

Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.32/27.23
=1.66

* 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 Turkiye Sise ve Cam Fabrikalari AS was 6.74. The lowest was 0.08. And the median was 1.91.


Be Aware

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


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Related Terms


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Chart

Turkiye Sise ve Cam Fabrikalari 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 4.95 7.47 11.23 17.33 24.72

Turkiye Sise ve Cam Fabrikalari 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 19.13 20.98 22.91 24.72 27.23

IST:SISE vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio falls into.


IST:SISE
90GF Score
Turkiye Sise ve Cam Fabrikalari AS IST:SISE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sise ve Cam Fabrikalari 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, Turkiye Sise ve Cam Fabrikalari 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)
=85.934/330.2130*330.2130
=85.934

Current CPI (Mar. 2026) = 330.2130.

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.191 241.018 4.372
201609 3.555 241.428 4.862
201612 3.798 241.432 5.195
201703 3.925 243.801 5.316
201706 3.996 244.955 5.387
201709 4.169 246.819 5.578
201712 4.372 246.524 5.856
201803 4.511 249.554 5.969
201806 4.869 251.989 6.380
201809 5.848 252.439 7.650
201812 5.643 251.233 7.417
201903 5.845 254.202 7.593
201906 6.149 256.143 7.927
201909 6.103 256.759 7.849
201912 6.499 256.974 8.351
202003 6.423 258.115 8.217
202006 6.789 257.797 8.696
202009 7.126 260.280 9.041
202012 7.245 260.474 9.185
202103 7.779 264.877 9.698
202106 8.385 271.696 10.191
202109 8.821 274.310 10.619
202112 12.993 278.802 15.389
202203 14.045 287.504 16.131
202206 17.494 296.311 19.496
202209 19.309 296.808 21.482
202212 46.617 296.797 51.866
202303 24.970 301.836 27.318
202306 29.243 305.109 31.649
202309 30.676 307.789 32.911
202312 66.910 306.746 72.029
202403 51.132 312.332 54.059
202406 54.377 314.175 57.153
202409 58.276 315.301 61.032
202412 79.507 315.605 83.187
202503 66.493 319.799 68.658
202506 70.871 322.561 72.552
202509 74.998 324.800 76.248
202512 79.189 324.054 80.694
202603 85.934 330.213 85.934

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 ₺27.23 mean?
Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) has a Cyclically Adjusted Book per Share of ₺27.23 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 Turkiye Sise ve Cam Fabrikalari AS and its competitors.
Is Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share too high?
Turkiye Sise ve Cam Fabrikalari AS's current Cyclically Adjusted Book per Share is ₺27.23. Overall, Turkiye Sise ve Cam Fabrikalari AS has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share compare to HON and MMM?
Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share of ₺27.23 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Turkiye Sise ve Cam Fabrikalari AS and its competitors. Turkiye Sise ve Cam Fabrikalari AS's current Cyclically Adjusted Book per Share is ₺27.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sise ve Cam Fabrikalari AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺58.41, compared to a current price of ₺45.32 — trading 22.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₺27.23. Turkiye Sise ve Cam Fabrikalari AS's overall GF Score™ is 90/100 with 8 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 Turkiye Sise ve Cam Fabrikalari AS (IST:SISE), the current Cyclically Adjusted Book per Share is ₺27.23 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 Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sise ve Cam Fabrikalari AS stock appears to be undervalued. The current stock price of ₺45.32 is trading 22.4% below its estimated GF Value™ of ₺58.41. GuruFocus considers Turkiye Sise ve Cam Fabrikalari AS to be Modestly Undervalued.

Key valuation signals for IST:SISE:

  • Cyclically Adjusted Book per Share: ₺27.23
  • GF Value™: ₺58.41 vs. price of ₺45.32 (22.4% below fair value)
  • GF Score™: 90/100 with 8 warning signs

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


Turkiye Sise ve Cam Fabrikalari AS Business Description

Address Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.
90GF Score

Get the complete analysis for IST:SISE

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

₺45.32
Price
₺58.41
GF Value