AKBTY (Akbank TAS) Cyclically Adjusted PB Ratio: 2.64 (As of Sep. 09, 2026) — 103% Above Median

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AKBTY Akbank TAS AKBTY
77 GF Score
Price $3.14
GF Value $4.05
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Akbank TAS Cyclically Adjusted PB Ratio?

Akbank TAS AKBTY +7.96% 77 Cyclically Adjusted PB Ratio is 2.64 as of Sep. 09, 2026, which is 103% above its 10-year median of 1.30. GuruFocus rates AKBTY with a GF Score™ of 77/100 and a GF Value™ of $4.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,274 Banks companies, Akbank TAS ranks worse than 90.03% on this metric.

As of today (2026-09-09), Akbank TAS's current share price is $3.14. Akbank TAS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.19. Akbank TAS's Cyclically Adjusted PB Ratio for today is 2.64.

The historical rank and industry rank for Akbank TAS's Cyclically Adjusted PB Ratio or its related term are showing as below:

AKBTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.3   Max: 4.32
Current: 2.7

During the past years, Akbank TAS's highest Cyclically Adjusted PB Ratio was 4.32. The lowest was 0.62. And the median was 1.30.

AKBTY's Cyclically Adjusted PB Ratio is ranked worse than
90.03% of 1274 companies
in the Banks industry
Industry Median: 1.29 vs AKBTY: 2.70

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.

Akbank TAS's adjusted book value per share data for the three months ended in Jun. 2026 was $2.702. 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 $1.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akbank TAS  (OTCPK:AKBTY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Akbank TAS Cyclically Adjusted PB Ratio Related Terms


Akbank TAS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akbank TAS's Cyclically Adjusted PB Ratio 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.

Akbank TAS Cyclically Adjusted PB Ratio Chart

Akbank TAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.78 2.56 3.54 3.00

Akbank TAS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 3.28 2.84 3.00 2.64 2.89

Akbank TAS Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Akbank TAS'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.


Akbank TAS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Cyclically Adjusted PB Ratio falls into.


AKBTY
77GF Score
Akbank TAS AKBTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akbank TAS Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Akbank TAS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.14/1.19
=2.64

* 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.

Akbank TAS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Akbank TAS'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)
=2.702/333.9520*333.9520
=2.702

Current CPI (Jun. 2026) = 333.9520.

Akbank TAS Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.567 241.428 6.317
201612 3.984 241.432 5.511
201703 4.203 243.801 5.757
201706 4.599 244.955 6.270
201709 4.830 246.819 6.535
201712 4.531 246.524 6.138
201803 4.535 249.554 6.069
201806 3.872 251.989 5.131
201809 2.916 252.439 3.858
201812 3.531 251.233 4.694
201903 3.344 254.202 4.393
201906 3.261 256.143 4.252
201909 3.469 256.759 4.512
201912 3.573 256.974 4.643
202003 3.272 258.115 4.233
202006 3.246 257.797 4.205
202009 3.011 260.280 3.863
202012 3.138 260.474 4.023
202103 3.158 264.877 3.982
202106 3.006 271.696 3.695
202109 3.162 274.310 3.849
202112 2.155 278.802 2.581
202203 2.386 287.504 2.771
202206 2.325 296.311 2.620
202209 2.650 296.808 2.982
202212 3.167 296.797 3.563
202303 3.112 301.836 3.443
202306 2.752 305.109 3.012
202309 2.707 307.789 2.937
202312 2.794 306.746 3.042
202403 2.561 312.332 2.738
202406 2.615 314.175 2.780
202409 2.612 315.301 2.767
202412 2.644 315.605 2.798
202503 2.518 319.799 2.629
202506 2.529 322.561 2.618
202509 2.584 324.800 2.657
202512 2.798 324.054 2.883
202603 2.637 330.213 2.667
202606 2.702 333.952 2.702

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 2.64 mean?
Akbank TAS (AKBTY) has a Cyclically Adjusted PB Ratio of 2.64 as of Sep. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Akbank TAS and its competitors. This is 103% above median its historical median of 1.30. Over the past decade, Akbank TAS's Cyclically Adjusted PB Ratio has ranged from 0.62 to 4.32. According to the industry distribution chart, Akbank TAS ranks #1147 out of 1274 companies in the Banks industry, placing it in the top 90%.
Is Akbank TAS's Cyclically Adjusted PB Ratio too high?
Akbank TAS's current Cyclically Adjusted PB Ratio of 2.64 is 103% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.32. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Akbank TAS's value of 2.64 is 104.7% above this industry median. Based on the distribution chart, Akbank TAS ranks #1147 out of 1274 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Akbank TAS has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akbank TAS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Akbank TAS ranks #1147 out of 1274 companies for Cyclically Adjusted PB Ratio. This places Akbank TAS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Akbank TAS's value of 2.64 is 104.7% above this benchmark. Historically, Akbank TAS's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 4.32 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.29, Akbank TAS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.29, based on 1,274 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Akbank TAS's current Cyclically Adjusted PB Ratio of 2.64 is 104.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Akbank TAS and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akbank TAS's current Cyclically Adjusted PB Ratio is 2.64, which is 103% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Akbank TAS (AKBTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.05, compared to a current price of $3.14 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.64, which is 103% above median its 10-year median of 1.30 and 104.7% above the Banks industry median of 1.29. Akbank TAS's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Akbank TAS (AKBTY), the current Cyclically Adjusted PB Ratio is 2.64 as of Sep. 09, 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 Akbank TAS (AKBTY) Overvalued in 2026?

Based on GuruFocus' analysis, Akbank TAS stock appears to be undervalued. The current stock price of $3.14 is trading 22.5% below its estimated GF Value™ of $4.05. GuruFocus considers Akbank TAS to be Modestly Undervalued.

Key valuation signals for AKBTY:

  • Cyclically Adjusted PB Ratio: 2.64 (103% above median its 10-year median of 1.30)
  • GF Value™: $4.05 vs. price of $3.14 (22.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 104.7% above the Banks median (#1147 of 1274)

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


Akbank TAS Business Description

Other Exchanges AKBNK:TurkeyAKB2:Germany
Address Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.
77GF Score

Get the complete analysis for AKBTY

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

$3.14
Price
$4.05
GF Value