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Agesa Hayat Ve Emeklilik ASIST:AGESA -0.12%57 Cyclically Adjusted PB Ratio is 17.93 as of Jul. 22, 2026, which is 29% above its 10-year median of 13.93. GuruFocus rates IST:AGESA with a GF Score™ of 57/100 and a GF Value™ of ₺329.26 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 415 Insurance companies, Agesa Hayat Ve Emeklilik AS ranks worse than 99.04% on this metric.
The historical rank and industry rank for Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
IST:AGESA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.4 Med: 13.93 Max: 22.35
Current: 17.72
During the past years, Agesa Hayat Ve Emeklilik AS's highest Cyclically Adjusted PB Ratio was 22.35. The lowest was 5.40. And the median was 13.93.
IST:AGESA's Cyclically Adjusted PB Ratio is ranked worse than 99.04% of 415
companies
in the Insurance industry
Industry Median: 1.38
vs IST:AGESA: 17.72
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.
Agesa Hayat Ve Emeklilik AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺57.575. 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 ₺13.56 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Agesa Hayat Ve Emeklilik AS (IST:AGESA) 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.
Agesa Hayat Ve Emeklilik AS Cyclically Adjusted PB Ratio Related Terms
Agesa Hayat Ve Emeklilik AS Cyclically Adjusted PB Ratio Historical Data
* 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.
Agesa Hayat Ve Emeklilik AS Cyclically Adjusted PB Ratio Chart
IST:AGESA vs BRK.A, AIG, HIG: Cyclically Adjusted PB Ratio Comparison
For the Insurance - Diversified subindustry, Agesa Hayat Ve Emeklilik 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.
Agesa Hayat Ve Emeklilik AS Cyclically Adjusted PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio falls into.
Agesa Hayat Ve Emeklilik 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.
* 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.
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 17.93 mean?
Agesa Hayat Ve Emeklilik AS (IST:AGESA) has a Cyclically Adjusted PB Ratio of 17.93 as of Jul. 22, 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 Agesa Hayat Ve Emeklilik AS and its competitors. This is 29% above median its historical median of 13.93. Over the past decade, Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio has ranged from 5.40 to 22.35. According to the industry distribution chart, Agesa Hayat Ve Emeklilik AS ranks #411 out of 415 companies in the Insurance industry, placing it in the top 99%.
Is Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio too high?
Agesa Hayat Ve Emeklilik AS's current Cyclically Adjusted PB Ratio of 17.93 is 29% above median its 10-year median of 13.93. Over the past 10 years, this metric has ranged from a low of 5.40 to a high of 22.35. The Insurance industry median Cyclically Adjusted PB Ratio is 1.38. Agesa Hayat Ve Emeklilik AS's value of 17.93 is 1199.3% above this industry median. Based on the distribution chart, Agesa Hayat Ve Emeklilik AS ranks #411 out of 415 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Agesa Hayat Ve Emeklilik AS has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Agesa Hayat Ve Emeklilik AS's Cyclically Adjusted PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Agesa Hayat Ve Emeklilik AS ranks #411 out of 415 companies for Cyclically Adjusted PB Ratio. This places Agesa Hayat Ve Emeklilik AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.38. Agesa Hayat Ve Emeklilik AS's value of 17.93 is 1199.3% above this benchmark. Historically, Agesa Hayat Ve Emeklilik AS's own Cyclically Adjusted PB Ratio has ranged from 5.40 to 22.35 over the past decade. While the company's 10-year median is 13.93 vs. the industry median of 1.38, Agesa Hayat Ve Emeklilik AS 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 an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.38, based on 415 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. Agesa Hayat Ve Emeklilik AS's current Cyclically Adjusted PB Ratio of 17.93 is 1199.3% 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 Agesa Hayat Ve Emeklilik AS and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agesa Hayat Ve Emeklilik AS's current Cyclically Adjusted PB Ratio is 17.93, which is 29% above median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agesa Hayat Ve Emeklilik AS stock overvalued right now?
Based on GuruFocus' analysis, Agesa Hayat Ve Emeklilik AS (IST:AGESA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺329.26, compared to a current price of ₺243.10 — trading 26.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 17.93, which is 29% above median its 10-year median of 13.93 and 1199.3% above the Insurance industry median of 1.38. Agesa Hayat Ve Emeklilik AS's overall GF Score™ is 57/100 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 Agesa Hayat Ve Emeklilik AS (IST:AGESA), the current Cyclically Adjusted PB Ratio is 17.93 as of Jul. 22, 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 Agesa Hayat Ve Emeklilik AS (IST:AGESA) Overvalued in 2026?
Based on GuruFocus' analysis, Agesa Hayat Ve Emeklilik AS stock appears to be undervalued.
The current stock price of ₺243.10 is trading 26.2% below its estimated GF Value™ of ₺329.26.
GuruFocus considers Agesa Hayat Ve Emeklilik AS to be Modestly Undervalued.
Key valuation signals for IST:AGESA:
Cyclically Adjusted PB Ratio: 17.93 (29% above median its 10-year median of 13.93)
GF Value™: ₺329.26 vs. price of ₺243.10 (26.2% below fair value)
Industry Position: 1199.3% above the Insurance median (#411 of 415)
No single metric tells the full story. See the IST:AGESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agesa Hayat Ve Emeklilik AS is a diversified insurance company that provides private pension and life insurance services to customers in Turkey. The company operates various distribution channels including direct advisor sales, sales from the bank branch representatives, agents, and telemarketing. AvivaSA reports through four segments, including Pension, Life Protection, Life Savings, and Personal Accident. The company generates key revenue through its Life Protection segment.
57GF Score
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