GERLF (Gersan Electric Ticaret venayi AS) Cyclically Adjusted PB Ratio: (As of Aug. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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GERLF Gersan Electric Ticaret ve Sanayi AS GERLF
37 GF Score
Price $0.94
GF Value $0.18
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Gersan Electric Ticaret venayi AS Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gersan Electric Ticaret venayi AS  (OTCPK:GERLF) 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.


Gersan Electric Ticaret venayi AS Cyclically Adjusted PB Ratio Related Terms


Gersan Electric Ticaret venayi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gersan Electric Ticaret venayi AS'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.

Gersan Electric Ticaret venayi AS Cyclically Adjusted PB Ratio Chart

Gersan Electric Ticaret venayi AS 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 2.90 4.68 9.04 8.93 11.30

Gersan Electric Ticaret venayi 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 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 6.78 10.83 13.82 11.30 15.10

GERLF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Gersan Electric Ticaret venayi 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.


Gersan Electric Ticaret venayi AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gersan Electric Ticaret venayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gersan Electric Ticaret venayi AS's Cyclically Adjusted PB Ratio falls into.


GERLF
37GF Score
Gersan Electric Ticaret ve Sanayi AS GERLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gersan Electric Ticaret venayi AS 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.

Gersan Electric Ticaret venayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Gersan Electric Ticaret venayi 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)
=0.218/330.2130*330.2130
=0.218

Current CPI (Mar. 2026) = 330.2130.

Gersan Electric Ticaret venayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.160 241.018 0.219
201609 0.154 241.428 0.211
201612 0.138 241.432 0.189
201703 0.135 243.801 0.183
201706 0.139 244.955 0.187
201709 0.140 246.819 0.187
201712 0.141 246.524 0.189
201803 0.136 249.554 0.180
201806 0.121 251.989 0.159
201809 0.104 252.439 0.136
201812 0.098 251.233 0.129
201903 0.123 254.202 0.160
201906 0.109 256.143 0.141
201909 0.102 256.759 0.131
201912 0.090 256.974 0.116
202003 0.077 258.115 0.099
202006 0.076 257.797 0.097
202009 0.071 260.280 0.090
202012 0.060 260.474 0.076
202103 0.067 264.877 0.084
202106 0.063 271.696 0.077
202109 0.069 274.310 0.083
202112 0.041 278.802 0.049
202203 0.041 287.504 0.047
202206 0.072 296.311 0.080
202209 0.070 296.808 0.078
202212 0.112 296.797 0.125
202303 0.071 301.836 0.078
202306 0.065 305.109 0.070
202309 0.054 307.789 0.058
202312 0.093 306.746 0.100
202403 0.094 312.332 0.099
202406 0.085 314.175 0.089
202409 0.109 315.301 0.114
202412 0.139 315.605 0.145
202503 0.108 319.799 0.112
202506 0.073 322.561 0.075
202509 0.181 324.800 0.184
202512 0.205 324.054 0.209
202603 0.218 330.213 0.218

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.

Is Gersan Electric Ticaret venayi AS (GERLF) Overvalued in 2026?

Based on GuruFocus' analysis, Gersan Electric Ticaret venayi AS stock appears to be overvalued. The current stock price of $0.94 is trading 422.2% above its estimated GF Value™ of $0.18. GuruFocus considers Gersan Electric Ticaret venayi AS to be Significantly Overvalued.

Key valuation signals for GERLF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.18 vs. price of $0.94 (422.2% above fair value)
  • GF Score™: 37/100 with 11 warning signs

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


Gersan Electric Ticaret venayi AS Business Description

Other Exchanges GEREL:Turkey
Address Tuzla Mermerciler Organize, Gazi Bulvari No.37-39-41, TEM Yanyol Caddesi No.6, Tuzla, Istanbul, TUR, 34953
Gersan Electric Ticaret ve Sanayi AS produces systems & materials that carry, connect & protect the conductors in the lines that extend from the power plants to the outlets in the houses. Its products include cable trays, busbars & distribution panels.
37GF Score

Get the complete analysis for GERLF

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

$0.94
Price
$0.18
GF Value