Besler Gida ve Kimyanayi ve Ticaret AS (IST:BESLR) Cyclically Adjusted PB Ratio: 1.90 (As of Jul. 14, 2026) — 74% Below Median

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IST:BESLR Besler Gida ve Kimya Sanayi ve Ticaret AS IST:BESLR
66 GF Score
Price ₺12.91
GF Value ₺15.69
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Besler Gida ve Kimyanayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Besler Gida ve Kimyanayi ve Ticaret AS IST:BESLR -2.49% 66 Cyclically Adjusted PB Ratio is 1.90 as of Jul. 14, 2026, which is 74% below its 10-year median of 7.44. GuruFocus rates IST:BESLR with a GF Score™ of 66/100 and a GF Value™ of ₺15.69 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Besler Gida ve Kimyanayi ve Ticaret AS ranks worse than 64.98% on this metric.

As of today (2026-07-14), Besler Gida ve Kimyanayi ve Ticaret AS's current share price is ₺12.91. Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺6.81. Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 1.90.

The historical rank and industry rank for Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:BESLR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 7.44   Max: 30.44
Current: 1.94

During the past years, Besler Gida ve Kimyanayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 30.44. The lowest was 1.94. And the median was 7.44.

IST:BESLR's Cyclically Adjusted PB Ratio is ranked worse than
64.98% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs IST:BESLR: 1.94

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.

Besler Gida ve Kimyanayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺28.004. 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 ₺6.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Besler Gida ve Kimyanayi ve Ticaret AS  (IST:BESLR) 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.


Besler Gida ve Kimyanayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Besler Gida ve Kimyanayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Besler Gida ve Kimyanayi 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.

Besler Gida ve Kimyanayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Besler Gida ve Kimyanayi ve Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.24 7.46 14.68 4.73 3.99

Besler Gida ve Kimyanayi 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 3.77 2.79 2.51 2.04 1.93

IST:BESLR vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Besler Gida ve Kimyanayi 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.


Besler Gida ve Kimyanayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:BESLR
66GF Score
Besler Gida ve Kimya Sanayi ve Ticaret AS IST:BESLR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Besler Gida ve Kimyanayi 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.

Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.91/6.81
=1.90

* 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.

Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Besler Gida ve Kimyanayi 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)
=28.004/330.2130*330.2130
=28.004

Current CPI (Mar. 2026) = 330.2130.

Besler Gida ve Kimyanayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.010 241.018 0.014
201609 -0.063 241.428 -0.086
201612 1.671 241.432 2.285
201703 -0.431 243.801 -0.584
201706 -0.574 244.955 -0.774
201709 -0.662 246.819 -0.886
201712 0.896 246.524 1.200
201803 0.894 249.554 1.183
201806 0.830 251.989 1.088
201809 0.768 252.439 1.005
201812 0.907 251.233 1.192
201903 0.965 254.202 1.254
201906 1.030 256.143 1.328
201909 1.089 256.759 1.401
201912 1.142 256.974 1.467
202003 1.172 258.115 1.499
202006 1.208 257.797 1.547
202009 1.338 260.280 1.697
202012 1.822 260.474 2.310
202103 1.845 264.877 2.300
202106 1.923 271.696 2.337
202109 1.975 274.310 2.377
202112 6.297 278.802 7.458
202203 2.544 287.504 2.922
202206 3.012 296.311 3.357
202209 3.405 296.808 3.788
202212 10.384 296.797 11.553
202303 5.245 301.836 5.738
202306 4.586 305.109 4.963
202309 5.082 307.789 5.452
202312 15.118 306.746 16.275
202403 12.060 312.332 12.750
202406 13.936 314.175 14.647
202409 15.016 315.301 15.726
202412 23.351 315.605 24.432
202503 19.819 319.799 20.464
202506 20.741 322.561 21.233
202509 22.416 324.800 22.790
202512 25.244 324.054 25.724
202603 28.004 330.213 28.004

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 1.90 mean?
Besler Gida ve Kimyanayi ve Ticaret AS (IST:BESLR) has a Cyclically Adjusted PB Ratio of 1.90 as of Jul. 14, 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 Besler Gida ve Kimyanayi ve Ticaret AS and its competitors. This is 74% below median its historical median of 7.44. Over the past decade, Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 1.94 to 30.44. According to the industry distribution chart, Besler Gida ve Kimyanayi ve Ticaret AS ranks #939 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 65%.
Is Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Besler Gida ve Kimyanayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 1.90 is 74% below median its 10-year median of 7.44. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 30.44. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Besler Gida ve Kimyanayi ve Ticaret AS's value of 1.90 is 52% above this industry median. Based on the distribution chart, Besler Gida ve Kimyanayi ve Ticaret AS ranks #939 out of 1445 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Besler Gida ve Kimyanayi ve Ticaret AS has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Besler Gida ve Kimyanayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Besler Gida ve Kimyanayi ve Ticaret AS ranks #939 out of 1445 companies for Cyclically Adjusted PB Ratio. This places Besler Gida ve Kimyanayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Besler Gida ve Kimyanayi ve Ticaret AS's value of 1.90 is 52% above this benchmark. Historically, Besler Gida ve Kimyanayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 1.94 to 30.44 over the past decade. While the company's 10-year median is 7.44 vs. the industry median of 1.25, Besler Gida ve Kimyanayi 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,445 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. Besler Gida ve Kimyanayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 1.90 is 52% 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 Besler Gida ve Kimyanayi ve Ticaret AS and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Besler Gida ve Kimyanayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 1.90, which is 74% below median its own 10-year median of 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Besler Gida ve Kimyanayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Besler Gida ve Kimyanayi ve Ticaret AS (IST:BESLR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺15.69, compared to a current price of ₺12.91 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 74% below median its 10-year median of 7.44 and 52% above the Consumer Packaged Goods industry median of 1.25. Besler Gida ve Kimyanayi ve Ticaret AS's overall GF Score™ is 66/100 with 8 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 Besler Gida ve Kimyanayi ve Ticaret AS (IST:BESLR), the current Cyclically Adjusted PB Ratio is 1.90 as of Jul. 14, 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 Besler Gida ve Kimyanayi ve Ticaret AS (IST:BESLR) Overvalued in 2026?

Based on GuruFocus' analysis, Besler Gida ve Kimyanayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺12.91 is trading 17.7% below its estimated GF Value™ of ₺15.69. GuruFocus considers Besler Gida ve Kimyanayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:BESLR:

  • Cyclically Adjusted PB Ratio: 1.90 (74% below median its 10-year median of 7.44)
  • GF Value™: ₺15.69 vs. price of ₺12.91 (17.7% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 52% above the Consumer Packaged Goods median (#939 of 1445)

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


Besler Gida ve Kimyanayi ve Ticaret AS Business Description

Address Ferah Street No.1, Kisikli, Uskudar, Istanbul, TUR, 34692
Besler Gida ve Kimya Sanayi ve Ticaret AS manufactures in the fields of frozen food, canned food and oil and carries out the sales and marketing of these products in Turkiye and foreign markets. The products in the frozen product category are; bakery products, vegetable and fruit products, potato and croquette products, meat products, dessert, frozen bakery products and ready-made food products. Canned product categories are; canned tuna, vegetable and ready-made food canned food. In the oil field, sunflower and margarine production is made.
66GF Score

Get the complete analysis for IST:BESLR

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

₺12.91
Price
₺15.69
GF Value