Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Cyclically Adjusted PB Ratio: 31.68 (As of Sep. 12, 2026) — 1360% Above Median

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IST:ANELE Anel Elektrik Proje Taahhut ve Ticaret AS IST:ANELE
29 GF Score
Price ₺177.70
GF Value ₺25.34
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio?

Anel Elektrik Proje Taahhut ve Ticaret AS IST:ANELE -9.98% 29 Cyclically Adjusted PB Ratio is 31.68 as of Sep. 12, 2026, which is 1360% above its 10-year median of 2.17. GuruFocus rates IST:ANELE with a GF Score™ of 29/100 and a GF Value™ of ₺25.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,239 Construction companies, Anel Elektrik Proje Taahhut ve Ticaret AS ranks worse than 99.19% on this metric.

As of today (2026-09-12), Anel Elektrik Proje Taahhut ve Ticaret AS's current share price is ₺177.70. Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₺5.61. Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 31.68.

The historical rank and industry rank for Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ANELE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 2.17   Max: 45.23
Current: 31.66

During the past 13 years, Anel Elektrik Proje Taahhut ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 45.23. The lowest was 0.56. And the median was 2.17.

IST:ANELE's Cyclically Adjusted PB Ratio is ranked worse than
99.19% of 1239 companies
in the Construction industry
Industry Median: 1.16 vs IST:ANELE: 31.66

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.

Anel Elektrik Proje Taahhut ve Ticaret AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₺9.049. 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 ₺5.61 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anel Elektrik Proje Taahhut ve Ticaret AS  (IST:ANELE) 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.


Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anel Elektrik Proje Taahhut 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.

Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Anel Elektrik Proje Taahhut 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 1.42 1.76 3.39 3.36 2.97

Anel Elektrik Proje Taahhut ve Ticaret AS Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 5.24 3.36 4.25 2.97 24.61

IST:ANELE vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Anel Elektrik Proje Taahhut 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.


Anel Elektrik Proje Taahhut ve Ticaret AS Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:ANELE
29GF Score
Anel Elektrik Proje Taahhut ve Ticaret AS IST:ANELE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anel Elektrik Proje Taahhut 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.

Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=177.70/5.61
=31.68

* 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.

Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Anel Elektrik Proje Taahhut ve Ticaret AS's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=9.049/324.0540*324.0540
=9.049

Current CPI (Dec25) = 324.0540.

Anel Elektrik Proje Taahhut ve Ticaret AS Annual Data

Book Value per Share CPI Adj_Book
201612 1.373 241.432 1.843
201712 1.712 246.524 2.250
201812 2.089 251.233 2.695
201912 2.143 256.974 2.702
202012 1.897 260.474 2.360
202112 2.434 278.802 2.829
202212 7.474 296.797 8.160
202312 11.436 306.746 12.081
202412 11.849 315.605 12.166
202512 9.049 324.054 9.049

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 31.68 mean?
Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) has a Cyclically Adjusted PB Ratio of 31.68 as of Sep. 12, 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 Anel Elektrik Proje Taahhut ve Ticaret AS and its competitors. This is 1360% above median its historical median of 2.17. Over the past decade, Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.56 to 45.23. According to the industry distribution chart, Anel Elektrik Proje Taahhut ve Ticaret AS ranks #1229 out of 1239 companies in the Construction industry, placing it in the top 99.2%.
Is Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Anel Elektrik Proje Taahhut ve Ticaret AS's current Cyclically Adjusted PB Ratio of 31.68 is 1360% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 45.23. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Anel Elektrik Proje Taahhut ve Ticaret AS's value of 31.68 is 2631% above this industry median. Based on the distribution chart, Anel Elektrik Proje Taahhut ve Ticaret AS ranks #1229 out of 1239 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Anel Elektrik Proje Taahhut ve Ticaret AS has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anel Elektrik Proje Taahhut ve Ticaret AS's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Anel Elektrik Proje Taahhut ve Ticaret AS ranks #1229 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Anel Elektrik Proje Taahhut ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Anel Elektrik Proje Taahhut ve Ticaret AS's value of 31.68 is 2631% above this benchmark. Historically, Anel Elektrik Proje Taahhut ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 45.23 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 1.16, Anel Elektrik Proje Taahhut 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,239 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. Anel Elektrik Proje Taahhut ve Ticaret AS's current Cyclically Adjusted PB Ratio of 31.68 is 2631% 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 Anel Elektrik Proje Taahhut ve Ticaret AS and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anel Elektrik Proje Taahhut ve Ticaret AS's current Cyclically Adjusted PB Ratio is 31.68, which is 1360% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anel Elektrik Proje Taahhut ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺25.34, compared to a current price of ₺177.70 — trading 601.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 31.68, which is 1360% above median its 10-year median of 2.17 and 2631% above the Construction industry median of 1.16. Anel Elektrik Proje Taahhut ve Ticaret AS's overall GF Score™ is 29/100 with 5 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 Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE), the current Cyclically Adjusted PB Ratio is 31.68 as of Sep. 12, 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 Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Overvalued in 2026?

Based on GuruFocus' analysis, Anel Elektrik Proje Taahhut ve Ticaret AS stock appears to be overvalued. The current stock price of ₺177.70 is trading 601.3% above its estimated GF Value™ of ₺25.34. GuruFocus considers Anel Elektrik Proje Taahhut ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ANELE:

  • Cyclically Adjusted PB Ratio: 31.68 (1360% above median its 10-year median of 2.17)
  • GF Value™: ₺25.34 vs. price of ₺177.70 (601.3% above fair value)
  • GF Score™: 29/100 with 5 warning signs
  • Industry Position: 2631% above the Construction median (#1229 of 1239)

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


Anel Elektrik Proje Taahhut ve Ticaret AS Business Description

Address Anel Business Center, Saray Mah, Site Yolu Sokak No:5/4, Umraniye, Istanbul, TUR, 34768
Anel Elektrik Proje Taahhut ve Ticaret AS offers electromechanical project contracting services. It develops electrical projects for airports, shopping centers & tourism facilities & is also engages in construction, leasing & maintenance operations.
29GF Score

Get the complete analysis for IST:ANELE

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

₺177.70
Price
₺25.34
GF Value