Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 08, 2026) — 73% Below Median

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IST:AGHOL Ag Anadolu Grubu Holding Anonim Sirketi IST:AGHOL
68 GF Score
Price ₺35.26
GF Value ₺319.96
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Ag Anadolu Grubu Holding Anonim Sirketi Cyclically Adjusted PB Ratio?

Ag Anadolu Grubu Holding Anonim Sirketi IST:AGHOL +1.56% 68 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 08, 2026, which is 73% below its 10-year median of 9.13. GuruFocus rates IST:AGHOL with a GF Score™ of 68/100 and a GF Value™ of ₺319.96 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 463 Conglomerates companies, Ag Anadolu Grubu Holding Anonim Sirketi ranks worse than 76.67% on this metric.

As of today (2026-08-08), Ag Anadolu Grubu Holding Anonim Sirketi's current share price is ₺35.26. Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺14.21. Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio for today is 2.48.

The historical rank and industry rank for Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:AGHOL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 9.13   Max: 68.35
Current: 2.39

During the past years, Ag Anadolu Grubu Holding Anonim Sirketi's highest Cyclically Adjusted PB Ratio was 68.35. The lowest was 1.97. And the median was 9.13.

IST:AGHOL's Cyclically Adjusted PB Ratio is ranked worse than
76.67% of 463 companies
in the Conglomerates industry
Industry Median: 1.02 vs IST:AGHOL: 2.39

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.

Ag Anadolu Grubu Holding Anonim Sirketi's adjusted book value per share data for the three months ended in Mar. 2026 was ₺51.928. 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 ₺14.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ag Anadolu Grubu Holding Anonim Sirketi  (IST:AGHOL) 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.


Ag Anadolu Grubu Holding Anonim Sirketi Cyclically Adjusted PB Ratio Related Terms


Ag Anadolu Grubu Holding Anonim Sirketi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ag Anadolu Grubu Holding Anonim Sirketi'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.

Ag Anadolu Grubu Holding Anonim Sirketi Cyclically Adjusted PB Ratio Chart

Ag Anadolu Grubu Holding Anonim Sirketi 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 12.34 30.52 40.16 36.67 2.25

Ag Anadolu Grubu Holding Anonim Sirketi 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 30.88 24.54 2.21 2.25 1.93

IST:AGHOL vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Ag Anadolu Grubu Holding Anonim Sirketi'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.


Ag Anadolu Grubu Holding Anonim Sirketi Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio falls into.


IST:AGHOL
68GF Score
Ag Anadolu Grubu Holding Anonim Sirketi IST:AGHOL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ag Anadolu Grubu Holding Anonim Sirketi 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.

Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.26/14.21
=2.48

* 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.

Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ag Anadolu Grubu Holding Anonim Sirketi'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)
=51.928/330.2130*330.2130
=51.928

Current CPI (Mar. 2026) = 330.2130.

Ag Anadolu Grubu Holding Anonim Sirketi Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.247 241.018 3.079
201609 2.260 241.428 3.091
201612 3.569 241.432 4.881
201703 2.602 243.801 3.524
201706 2.445 244.955 3.296
201709 2.444 246.819 3.270
201712 2.333 246.524 3.125
201803 2.429 249.554 3.214
201806 2.522 251.989 3.305
201809 2.419 252.439 3.164
201812 2.107 251.233 2.769
201903 2.077 254.202 2.698
201906 2.065 256.143 2.662
201909 2.029 256.759 2.609
201912 2.539 256.974 3.263
202003 2.117 258.115 2.708
202006 2.340 257.797 2.997
202009 2.441 260.280 3.097
202012 2.365 260.474 2.998
202103 2.603 264.877 3.245
202106 2.769 271.696 3.365
202109 2.919 274.310 3.514
202112 3.691 278.802 4.372
202203 3.728 287.504 4.282
202206 5.522 296.311 6.154
202209 6.275 296.808 6.981
202212 22.159 296.797 24.654
202303 6.129 301.836 6.705
202306 8.510 305.109 9.210
202309 10.034 307.789 10.765
202312 38.185 306.746 41.106
202403 30.509 312.332 32.256
202406 32.866 314.175 34.544
202409 36.756 315.301 38.494
202412 48.112 315.605 50.339
202503 39.748 319.799 41.042
202506 41.211 322.561 42.189
202509 44.850 324.800 45.597
202512 46.862 324.054 47.753
202603 51.928 330.213 51.928

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 2.48 mean?
Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 08, 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 Ag Anadolu Grubu Holding Anonim Sirketi and its competitors. This is 73% below median its historical median of 9.13. Over the past decade, Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio has ranged from 1.97 to 68.35. According to the industry distribution chart, Ag Anadolu Grubu Holding Anonim Sirketi ranks #355 out of 463 companies in the Conglomerates industry, placing it in the top 76.7%.
Is Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio too high?
Ag Anadolu Grubu Holding Anonim Sirketi's current Cyclically Adjusted PB Ratio of 2.48 is 73% below median its 10-year median of 9.13. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 68.35. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Ag Anadolu Grubu Holding Anonim Sirketi's value of 2.48 is 143.1% above this industry median. Based on the distribution chart, Ag Anadolu Grubu Holding Anonim Sirketi ranks #355 out of 463 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Ag Anadolu Grubu Holding Anonim Sirketi has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ag Anadolu Grubu Holding Anonim Sirketi's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Ag Anadolu Grubu Holding Anonim Sirketi ranks #355 out of 463 companies for Cyclically Adjusted PB Ratio. This places Ag Anadolu Grubu Holding Anonim Sirketi in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Ag Anadolu Grubu Holding Anonim Sirketi's value of 2.48 is 143.1% above this benchmark. Historically, Ag Anadolu Grubu Holding Anonim Sirketi's own Cyclically Adjusted PB Ratio has ranged from 1.97 to 68.35 over the past decade. While the company's 10-year median is 9.13 vs. the industry median of 1.02, Ag Anadolu Grubu Holding Anonim Sirketi 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 463 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. Ag Anadolu Grubu Holding Anonim Sirketi's current Cyclically Adjusted PB Ratio of 2.48 is 143.1% 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 Ag Anadolu Grubu Holding Anonim Sirketi and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ag Anadolu Grubu Holding Anonim Sirketi's current Cyclically Adjusted PB Ratio is 2.48, which is 73% below median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ag Anadolu Grubu Holding Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₺319.96, compared to a current price of ₺35.26 — trading 89% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is 73% below median its 10-year median of 9.13 and 143.1% above the Conglomerates industry median of 1.02. Ag Anadolu Grubu Holding Anonim Sirketi's overall GF Score™ is 68/100 with 9 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 Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 08, 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 Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Ag Anadolu Grubu Holding Anonim Sirketi stock appears to be undervalued. The current stock price of ₺35.26 is trading 89% below its estimated GF Value™ of ₺319.96. GuruFocus considers Ag Anadolu Grubu Holding Anonim Sirketi to be Possible Value Trap.

Key valuation signals for IST:AGHOL:

  • Cyclically Adjusted PB Ratio: 2.48 (73% below median its 10-year median of 9.13)
  • GF Value™: ₺319.96 vs. price of ₺35.26 (89% below fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 143.1% above the Conglomerates median (#355 of 463)

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


Ag Anadolu Grubu Holding Anonim Sirketi Business Description

Address Fatih Sultan Mehmet Mahallesi Balkan Caddesi No. 58, Buyaka E Blok Umraniye, Istanbul, TUR, 34771
Ag Anadolu Grubu Holding Anonim Sirketi, formerly Yazicilar Holding AS, is a holding company. The company through its subsidiaries manages six primary segments: Automotive (including passenger vehicles, commercial vehicles, generators, spare and parts, and operational lease); Migros (retail, stationery, chain restaurant management, and tourism), Bira, Beverages, Energy and industry, and other (information technologies and trade). The three segments by profit are Migros, Beverages, and Bira.
68GF Score

Get the complete analysis for IST:AGHOL

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

₺35.26
Price
₺319.96
GF Value