Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) Cyclically Adjusted PB Ratio: 7.92 (As of Jul. 30, 2026) — Near Median

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IST:ALCAR Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
50 GF Score
Price ₺737.50
GF Value ₺945.19
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

Alarko Carriernayi Ve Ticaret AS IST:ALCAR -3.59% 50 Cyclically Adjusted PB Ratio is 7.92 as of Jul. 30, 2026, which is 7% below its 10-year median of 8.51. GuruFocus rates IST:ALCAR with a GF Score™ of 50/100 and a GF Value™ of ₺945.19 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,268 Industrial Products companies, Alarko Carriernayi Ve Ticaret AS ranks worse than 91.71% on this metric.

As of today (2026-07-30), Alarko Carriernayi Ve Ticaret AS's current share price is ₺737.50. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺93.09. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 7.92.

The historical rank and industry rank for Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ALCAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 8.51   Max: 32.65
Current: 9.08

During the past years, Alarko Carriernayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 32.65. The lowest was 1.02. And the median was 8.51.

IST:ALCAR's Cyclically Adjusted PB Ratio is ranked worse than
91.71% of 2268 companies
in the Industrial Products industry
Industry Median: 2.1 vs IST:ALCAR: 9.08

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.

Alarko Carriernayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺188.258. 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 ₺93.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarko Carriernayi Ve Ticaret AS  (IST:ALCAR) 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.


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alarko Carriernayi Ve Ticaret 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.

Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Alarko Carriernayi Ve Ticaret 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 7.90 15.31 19.12 15.44 9.72

Alarko Carriernayi 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 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 15.04 10.96 11.66 9.72 7.66

IST:ALCAR vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Alarko Carriernayi 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.


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:ALCAR
50GF Score
Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alarko Carriernayi Ve Ticaret 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.

Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=737.50/93.09
=7.92

* 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.

Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Alarko Carriernayi 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)
=188.258/330.2130*330.2130
=188.258

Current CPI (Mar. 2026) = 330.2130.

Alarko Carriernayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.460 241.018 40.362
201609 30.164 241.428 41.257
201612 31.788 241.432 43.477
201703 29.792 243.801 40.351
201706 30.637 244.955 41.300
201709 31.885 246.819 42.658
201712 33.327 246.524 44.641
201803 31.514 249.554 41.700
201806 32.928 251.989 43.150
201809 35.192 252.439 46.034
201812 35.360 251.233 46.476
201903 35.626 254.202 46.279
201906 35.798 256.143 46.150
201909 36.327 256.759 46.719
201912 36.661 256.974 47.110
202003 37.146 258.115 47.522
202006 38.191 257.797 48.919
202009 40.420 260.280 51.280
202012 41.980 260.474 53.220
202103 41.791 264.877 52.099
202106 42.133 271.696 51.207
202109 42.462 274.310 51.116
202112 46.088 278.802 54.587
202203 54.116 287.504 62.155
202206 61.171 296.311 68.170
202209 66.180 296.808 73.628
202212 185.849 296.797 206.774
202303 90.751 301.836 99.283
202306 87.164 305.109 94.336
202309 87.471 307.789 93.844
202312 199.337 306.746 214.587
202403 149.837 312.332 158.415
202406 150.134 314.175 157.798
202409 0.000 315.301 0.000
202412 311.461 315.605 325.877
202503 243.168 319.799 251.087
202506 186.968 322.561 191.403
202509 195.376 324.800 198.632
202512 175.498 324.054 178.834
202603 188.258 330.213 188.258

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 7.92 mean?
Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) has a Cyclically Adjusted PB Ratio of 7.92 as of Jul. 30, 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 Alarko Carriernayi Ve Ticaret AS and its competitors. This is near median its historical median of 8.51. Over the past decade, Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 1.02 to 32.65. According to the industry distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #2080 out of 2268 companies in the Industrial Products industry, placing it in the top 91.7%.
Is Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 7.92 is near median its 10-year median of 8.51. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 32.65. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Alarko Carriernayi Ve Ticaret AS's value of 7.92 is 277.1% above this industry median. Based on the distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #2080 out of 2268 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Alarko Carriernayi Ve Ticaret AS has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #2080 out of 2268 companies for Cyclically Adjusted PB Ratio. This places Alarko Carriernayi Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Alarko Carriernayi Ve Ticaret AS's value of 7.92 is 277.1% above this benchmark. Historically, Alarko Carriernayi Ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 32.65 over the past decade. While the company's 10-year median is 8.51 vs. the industry median of 2.10, Alarko Carriernayi Ve Ticaret 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,268 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. Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 7.92 is 277.1% 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 Alarko Carriernayi Ve Ticaret AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio is 7.92, which is near median its own 10-year median of 8.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Carriernayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺945.19, compared to a current price of ₺737.50 — trading 22% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.92, which is near median its 10-year median of 8.51 and 277.1% above the Industrial Products industry median of 2.10. Alarko Carriernayi Ve Ticaret AS's overall GF Score™ is 50/100 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 Alarko Carriernayi Ve Ticaret AS (IST:ALCAR), the current Cyclically Adjusted PB Ratio is 7.92 as of Jul. 30, 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 Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺737.50 is trading 22% below its estimated GF Value™ of ₺945.19. GuruFocus considers Alarko Carriernayi Ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:ALCAR:

  • Cyclically Adjusted PB Ratio: 7.92 (near median its 10-year median of 8.51)
  • GF Value™: ₺945.19 vs. price of ₺737.50 (22% below fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 277.1% above the Industrial Products median (#2080 of 2268)

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


Alarko Carriernayi Ve Ticaret AS Business Description

Address Muallim Naci Caddesi No.69, Ortakoy, Istanbul, TUR, 34347
Alarko Carrier Sanayi Ve Ticaret AS is a Turkey-based company that manufactures air handling units, rooftops, unit heaters, submersible pumps, gas-fired combi boilers, oil-fired domestic boilers, burners, and panel radiators. It markets air handling units, rooftops, and fan coils. The company also provides spare parts, assembly material, maintenance materials, and repair materials.
50GF Score

Get the complete analysis for IST:ALCAR

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

₺737.50
Price
₺945.19
GF Value