Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) Cyclically Adjusted PB Ratio: 2.55 (As of Jul. 11, 2026) — 12% Above Median


IST:ATLAS Atlas Menkul Kiymetler Yatirim Ortakligi AS IST:ATLAS
65 GF Score
Price ₺7.89
GF Value ₺7.96
Valuation Fairly Valued
! 1 Warning Sign
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What is Atlas Menkul Kiymetler Yatirim Ortakligi AS Cyclically Adjusted PB Ratio?

Atlas Menkul Kiymetler Yatirim Ortakligi AS IST:ATLAS +5.62% 65 Cyclically Adjusted PB Ratio is 2.55 as of Jul. 11, 2026, which is 12% above its 10-year median of 2.28. GuruFocus rates IST:ATLAS with a GF Score™ of 65/100 and a GF Value™ of ₺7.96 (Fairly Valued). The stock has 1 warning sign investors should review. Among 638 Capital Markets companies, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks worse than 70.53% on this metric.

As of today (2026-07-11), Atlas Menkul Kiymetler Yatirim Ortakligi AS's current share price is ₺7.89. Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺3.09. Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is 2.55.

The historical rank and industry rank for Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ATLAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.28   Max: 5.27
Current: 2.7

During the past years, Atlas Menkul Kiymetler Yatirim Ortakligi AS's highest Cyclically Adjusted PB Ratio was 5.27. The lowest was 0.87. And the median was 2.28.

IST:ATLAS's Cyclically Adjusted PB Ratio is ranked worse than
70.53% of 638 companies
in the Capital Markets industry
Industry Median: 1.335 vs IST:ATLAS: 2.70

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.

Atlas Menkul Kiymetler Yatirim Ortakligi AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺9.590. 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 ₺3.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Menkul Kiymetler Yatirim Ortakligi AS  (IST:ATLAS) 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.


Atlas Menkul Kiymetler Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Related Terms


Atlas Menkul Kiymetler Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atlas Menkul Kiymetler Yatirim Ortakligi 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.

Atlas Menkul Kiymetler Yatirim Ortakligi AS Cyclically Adjusted PB Ratio Chart

Atlas Menkul Kiymetler Yatirim Ortakligi 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 1.37 3.08 2.88 3.27 2.09

Atlas Menkul Kiymetler Yatirim Ortakligi 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 2.15 2.07 2.56 2.09 2.53

IST:ATLAS vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Atlas Menkul Kiymetler Yatirim Ortakligi 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.


Atlas Menkul Kiymetler Yatirim Ortakligi AS Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio falls into.


IST:ATLAS
65GF Score
Atlas Menkul Kiymetler Yatirim Ortakligi AS IST:ATLAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlas Menkul Kiymetler Yatirim Ortakligi 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.

Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.89/3.09
=2.55

* 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.

Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Atlas Menkul Kiymetler Yatirim Ortakligi 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)
=9.59/330.2130*330.2130
=9.590

Current CPI (Mar. 2026) = 330.2130.

Atlas Menkul Kiymetler Yatirim Ortakligi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.549 241.018 0.752
201609 0.549 241.428 0.751
201612 0.598 241.432 0.818
201703 0.764 243.801 1.035
201706 0.863 244.955 1.163
201709 0.775 246.819 1.037
201712 0.843 246.524 1.129
201803 1.040 249.554 1.376
201806 0.923 251.989 1.210
201809 0.955 252.439 1.249
201812 0.805 251.233 1.058
201903 0.776 254.202 1.008
201906 0.815 256.143 1.051
201909 0.951 256.759 1.223
201912 1.048 256.974 1.347
202003 0.938 258.115 1.200
202006 1.016 257.797 1.301
202009 1.308 260.280 1.659
202012 1.361 260.474 1.725
202103 1.356 264.877 1.690
202106 1.357 271.696 1.649
202109 1.347 274.310 1.622
202112 1.547 278.802 1.832
202203 1.642 287.504 1.886
202206 1.708 296.311 1.903
202209 2.271 296.808 2.527
202212 5.484 296.797 6.101
202303 2.788 301.836 3.050
202306 3.329 305.109 3.603
202309 4.360 307.789 4.678
202312 5.882 306.746 6.332
202403 4.749 312.332 5.021
202406 5.629 314.175 5.916
202409 5.830 315.301 6.106
202412 7.937 315.605 8.304
202503 6.299 319.799 6.504
202506 7.217 322.561 7.388
202509 7.867 324.800 7.998
202512 7.512 324.054 7.655
202603 9.590 330.213 9.590

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 2.55 mean?
Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) has a Cyclically Adjusted PB Ratio of 2.55 as of Jul. 11, 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS and its competitors. This is 12% above median its historical median of 2.28. Over the past decade, Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio has ranged from 0.87 to 5.27. According to the industry distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #450 out of 638 companies in the Capital Markets industry, placing it in the top 70.5%.
Is Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio too high?
Atlas Menkul Kiymetler Yatirim Ortakligi AS's current Cyclically Adjusted PB Ratio of 2.55 is 12% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 5.27. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.34. Atlas Menkul Kiymetler Yatirim Ortakligi AS's value of 2.55 is 91% above this industry median. Based on the distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #450 out of 638 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Atlas Menkul Kiymetler Yatirim Ortakligi AS has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atlas Menkul Kiymetler Yatirim Ortakligi AS's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Atlas Menkul Kiymetler Yatirim Ortakligi AS ranks #450 out of 638 companies for Cyclically Adjusted PB Ratio. This places Atlas Menkul Kiymetler Yatirim Ortakligi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.34. Atlas Menkul Kiymetler Yatirim Ortakligi AS's value of 2.55 is 91% above this benchmark. Historically, Atlas Menkul Kiymetler Yatirim Ortakligi AS's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 5.27 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.34, Atlas Menkul Kiymetler Yatirim Ortakligi 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.34, based on 638 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. Atlas Menkul Kiymetler Yatirim Ortakligi AS's current Cyclically Adjusted PB Ratio of 2.55 is 91% 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Menkul Kiymetler Yatirim Ortakligi AS's current Cyclically Adjusted PB Ratio is 2.55, which is 12% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Menkul Kiymetler Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) is currently considered Fairly Valued. The stock's GF Value™ is ₺7.96, compared to a current price of ₺7.89 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.55, which is 12% above median its 10-year median of 2.28 and 91% above the Capital Markets industry median of 1.34. Atlas Menkul Kiymetler Yatirim Ortakligi AS's overall GF Score™ is 65/100 with 1 warning sign 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS), the current Cyclically Adjusted PB Ratio is 2.55 as of Jul. 11, 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 Atlas Menkul Kiymetler Yatirim Ortakligi AS (IST:ATLAS) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Menkul Kiymetler Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺7.89 is trading 0.9% below its estimated GF Value™ of ₺7.96. GuruFocus considers Atlas Menkul Kiymetler Yatirim Ortakligi AS to be Fairly Valued.

Key valuation signals for IST:ATLAS:

  • Cyclically Adjusted PB Ratio: 2.55 (12% above median its 10-year median of 2.28)
  • GF Value™: ₺7.96 vs. price of ₺7.89 (0.9% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 91% above the Capital Markets median (#450 of 638)

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


Atlas Menkul Kiymetler Yatirim Ortakligi AS Business Description

Address Buyukdere Cad. No: 171, Metro City A Block K Floor: 17, 1.Levent, Istanbul, TUR
Atlas Menkul Kiymetler Yatirim Ortakligi AS is an investment company. It is engaged in a trading portfolio of capital market instruments traded on national, international or other organized over-the-counter markets.
65GF Score

Get the complete analysis for IST:ATLAS

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

₺7.89
Price
₺7.96
GF Value