Ulusoy Unnayi ve Ticaret AS (IST:ULUUN) Cyclically Adjusted Book per Share: ₺4.97 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:ULUUN Ulusoy Un Sanayi ve Ticaret AS IST:ULUUN
83 GF Score
Price ₺9.38
GF Value ₺8.22
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Ulusoy Unnayi ve Ticaret AS Cyclically Adjusted Book per Share?

Ulusoy Unnayi ve Ticaret AS IST:ULUUN -4.19% 83 Cyclically Adjusted Book per Share is ₺4.97 as of Mar. 2026. GuruFocus rates IST:ULUUN with a GF Score™ of 83/100 and a GF Value™ of ₺8.22 (Modestly Overvalued). The stock has 11 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.

Ulusoy Unnayi ve Ticaret AS's adjusted book value per share for the three months ended in Mar. 2026 was ₺20.104. 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 ₺4.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ulusoy Unnayi ve Ticaret AS's average Cyclically Adjusted Book Growth Rate was 60.80% 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.

As of today (2026-07-21), Ulusoy Unnayi ve Ticaret AS's current stock price is ₺9.38. Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺4.97. Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ulusoy Unnayi ve Ticaret AS was 7.85. The lowest was 1.50. And the median was 2.32.


Ulusoy Unnayi ve Ticaret AS  (IST:ULUUN) 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.

Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.38/4.97
=1.89

* 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 Ulusoy Unnayi ve Ticaret AS was 7.85. The lowest was 1.50. And the median was 2.32.


Be Aware

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


Ulusoy Unnayi ve Ticaret AS Cyclically Adjusted Book per Share Related Terms


Ulusoy Unnayi ve Ticaret AS Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ulusoy Unnayi 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.

Ulusoy Unnayi ve Ticaret AS Cyclically Adjusted Book per Share Chart

Ulusoy Unnayi 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 0.00 0.00 1.47 2.68 4.39

Ulusoy Unnayi ve Ticaret 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 3.09 3.51 3.95 4.39 4.97

IST:ULUUN vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Ulusoy Unnayi 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.


Ulusoy Unnayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:ULUUN
83GF Score
Ulusoy Un Sanayi ve Ticaret AS IST:ULUUN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulusoy Unnayi 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, Ulusoy Unnayi ve Ticaret 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)
=20.104/330.2130*330.2130
=20.104

Current CPI (Mar. 2026) = 330.2130.

Ulusoy Unnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.227 241.018 0.311
201609 0.233 241.428 0.319
201612 0.245 241.432 0.335
201703 0.257 243.801 0.348
201706 0.262 244.955 0.353
201709 0.263 246.819 0.352
201712 0.267 246.524 0.358
201803 0.270 249.554 0.357
201806 0.285 251.989 0.373
201809 0.350 252.439 0.458
201812 0.338 251.233 0.444
201903 0.343 254.202 0.446
201906 0.356 256.143 0.459
201909 0.365 256.759 0.469
201912 0.373 256.974 0.479
202003 0.462 258.115 0.591
202006 0.471 257.797 0.603
202009 0.516 260.280 0.655
202012 0.513 260.474 0.650
202103 0.540 264.877 0.673
202106 0.569 271.696 0.692
202109 0.803 274.310 0.967
202112 0.971 278.802 1.150
202203 1.352 287.504 1.553
202206 1.920 296.311 2.140
202209 2.215 296.808 2.464
202212 7.972 296.797 8.870
202303 4.731 301.836 5.176
202306 4.950 305.109 5.357
202309 5.069 307.789 5.438
202312 12.791 306.746 13.770
202403 10.469 312.332 11.068
202406 11.093 314.175 11.659
202409 11.863 315.301 12.424
202412 18.060 315.605 18.896
202503 15.157 319.799 15.651
202506 15.931 322.561 16.309
202509 17.218 324.800 17.505
202512 18.283 324.054 18.630
202603 20.104 330.213 20.104

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 ₺4.97 mean?
Ulusoy Unnayi ve Ticaret AS (IST:ULUUN) has a Cyclically Adjusted Book per Share of ₺4.97 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 Ulusoy Unnayi ve Ticaret AS and its competitors.
Is Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted Book per Share too high?
Ulusoy Unnayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺4.97. Overall, Ulusoy Unnayi ve Ticaret AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted Book per Share compare to KHC and GIS?
Ulusoy Unnayi ve Ticaret AS's Cyclically Adjusted Book per Share of ₺4.97 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Ulusoy Unnayi ve Ticaret AS and its competitors. Ulusoy Unnayi ve Ticaret AS's current Cyclically Adjusted Book per Share is ₺4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulusoy Unnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ulusoy Unnayi ve Ticaret AS (IST:ULUUN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺8.22, compared to a current price of ₺9.38 — trading 14.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₺4.97. Ulusoy Unnayi ve Ticaret AS's overall GF Score™ is 83/100 with 11 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 Ulusoy Unnayi ve Ticaret AS (IST:ULUUN), the current Cyclically Adjusted Book per Share is ₺4.97 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 Ulusoy Unnayi ve Ticaret AS (IST:ULUUN) Overvalued in 2026?

Based on GuruFocus' analysis, Ulusoy Unnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺9.38 is trading 14.1% above its estimated GF Value™ of ₺8.22. GuruFocus considers Ulusoy Unnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:ULUUN:

  • Cyclically Adjusted Book per Share: ₺4.97
  • GF Value™: ₺8.22 vs. price of ₺9.38 (14.1% above fair value)
  • GF Score™: 83/100 with 11 warning signs

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


Ulusoy Unnayi ve Ticaret AS Business Description

Address Denizevler Mahallesi Alacam, Caddesi Blok No:42 Interior Door No:1, Atakum, Samsun, TUR
Ulusoy Un Sanayi ve Ticaret AS is engaged in the manufacture, trade, import, and export of foodstuffs such as flour, semolina, pasta, and biscuits produced from cereals and legumes. The Company operates through the Wheat and Flour Trade and Licensed Warehousing Services segments and offers products under the U Plus, U Pro, and U Chef brands.
83GF Score

Get the complete analysis for IST:ULUUN

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

₺9.38
Price
₺8.22
GF Value