Baticim Bati Anadolunayi ve Ticaret AS (IST:BTCIM) Cyclically Adjusted PB Ratio: 5.43 (As of Jul. 18, 2026) — Near Median

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IST:BTCIM Baticim Bati Anadolu Sanayi ve Ticaret AS IST:BTCIM
42 GF Score
Price ₺5.54
GF Value ₺3.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Baticim Bati Anadolunayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Baticim Bati Anadolunayi ve Ticaret AS IST:BTCIM -2.12% 42 Cyclically Adjusted PB Ratio is 5.43 as of Jul. 18, 2026, which is 8% below its 10-year median of 5.89. GuruFocus rates IST:BTCIM with a GF Score™ of 42/100 and a GF Value™ of ₺3.90 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 325 Building Materials companies, Baticim Bati Anadolunayi ve Ticaret AS ranks worse than 90.46% on this metric.

As of today (2026-07-18), Baticim Bati Anadolunayi ve Ticaret AS's current share price is ₺5.54. Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺1.02. Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 5.43.

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

IST:BTCIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 5.89   Max: 32.26
Current: 5.44

During the past years, Baticim Bati Anadolunayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 32.26. The lowest was 0.56. And the median was 5.89.

IST:BTCIM's Cyclically Adjusted PB Ratio is ranked worse than
90.46% of 325 companies
in the Building Materials industry
Industry Median: 1.08 vs IST:BTCIM: 5.44

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.

Baticim Bati Anadolunayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺4.242. 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 ₺1.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baticim Bati Anadolunayi ve Ticaret AS  (IST:BTCIM) 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.


Baticim Bati Anadolunayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Baticim Bati Anadolunayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Baticim Bati Anadolunayi 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.

Baticim Bati Anadolunayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Baticim Bati Anadolunayi 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 4.33 8.37 15.33 8.59 4.24

Baticim Bati Anadolunayi 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 7.06 6.46 5.36 4.24 5.85

IST:BTCIM vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Baticim Bati Anadolunayi 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.


Baticim Bati Anadolunayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:BTCIM
42GF Score
Baticim Bati Anadolu Sanayi ve Ticaret AS IST:BTCIM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baticim Bati Anadolunayi 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.

Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.54/1.02
=5.43

* 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.

Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Baticim Bati Anadolunayi 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)
=4.242/330.2130*330.2130
=4.242

Current CPI (Mar. 2026) = 330.2130.

Baticim Bati Anadolunayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.103 241.018 0.141
201609 0.103 241.428 0.141
201612 0.097 241.432 0.133
201703 0.094 243.801 0.127
201706 0.095 244.955 0.128
201709 0.095 246.819 0.127
201712 0.156 246.524 0.209
201803 0.160 249.554 0.212
201806 0.163 251.989 0.214
201809 0.139 252.439 0.182
201812 0.154 251.233 0.202
201903 0.144 254.202 0.187
201906 0.135 256.143 0.174
201909 0.137 256.759 0.176
201912 0.121 256.974 0.155
202003 0.104 258.115 0.133
202006 0.089 257.797 0.114
202009 0.059 260.280 0.075
202012 0.062 260.474 0.079
202103 0.049 264.877 0.061
202106 0.040 271.696 0.049
202109 0.041 274.310 0.049
202112 0.193 278.802 0.229
202203 0.184 287.504 0.211
202206 0.162 296.311 0.181
202209 0.343 296.808 0.382
202212 1.339 296.797 1.490
202303 0.299 301.836 0.327
202306 0.212 305.109 0.229
202309 0.197 307.789 0.211
202312 2.860 306.746 3.079
202403 2.308 312.332 2.440
202406 2.551 314.175 2.681
202409 2.743 315.301 2.873
202412 3.965 315.605 4.149
202503 3.376 319.799 3.486
202506 3.508 322.561 3.591
202509 3.786 324.800 3.849
202512 3.918 324.054 3.992
202603 4.242 330.213 4.242

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 5.43 mean?
Baticim Bati Anadolunayi ve Ticaret AS (IST:BTCIM) has a Cyclically Adjusted PB Ratio of 5.43 as of Jul. 18, 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 Baticim Bati Anadolunayi ve Ticaret AS and its competitors. This is near median its historical median of 5.89. Over the past decade, Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.56 to 32.26. According to the industry distribution chart, Baticim Bati Anadolunayi ve Ticaret AS ranks #294 out of 325 companies in the Building Materials industry, placing it in the top 90.5%.
Is Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Baticim Bati Anadolunayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 5.43 is near median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 32.26. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.08. Baticim Bati Anadolunayi ve Ticaret AS's value of 5.43 is 402.8% above this industry median. Based on the distribution chart, Baticim Bati Anadolunayi ve Ticaret AS ranks #294 out of 325 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Baticim Bati Anadolunayi ve Ticaret AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baticim Bati Anadolunayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Baticim Bati Anadolunayi ve Ticaret AS ranks #294 out of 325 companies for Cyclically Adjusted PB Ratio. This places Baticim Bati Anadolunayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Baticim Bati Anadolunayi ve Ticaret AS's value of 5.43 is 402.8% above this benchmark. Historically, Baticim Bati Anadolunayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 32.26 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 1.08, Baticim Bati Anadolunayi 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.08, based on 325 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. Baticim Bati Anadolunayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 5.43 is 402.8% 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 Baticim Bati Anadolunayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baticim Bati Anadolunayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 5.43, which is near median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baticim Bati Anadolunayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Baticim Bati Anadolunayi ve Ticaret AS (IST:BTCIM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺3.90, compared to a current price of ₺5.54 — trading 42.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.43, which is near median its 10-year median of 5.89 and 402.8% above the Building Materials industry median of 1.08. Baticim Bati Anadolunayi ve Ticaret AS's overall GF Score™ is 42/100 with 4 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 Baticim Bati Anadolunayi ve Ticaret AS (IST:BTCIM), the current Cyclically Adjusted PB Ratio is 5.43 as of Jul. 18, 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 Baticim Bati Anadolunayi ve Ticaret AS (IST:BTCIM) Overvalued in 2026?

Based on GuruFocus' analysis, Baticim Bati Anadolunayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺5.54 is trading 42.1% above its estimated GF Value™ of ₺3.90. GuruFocus considers Baticim Bati Anadolunayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:BTCIM:

  • Cyclically Adjusted PB Ratio: 5.43 (near median its 10-year median of 5.89)
  • GF Value™: ₺3.90 vs. price of ₺5.54 (42.1% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 402.8% above the Building Materials median (#294 of 325)

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


Baticim Bati Anadolunayi ve Ticaret AS Business Description

Address Ankara Caddesi No:335, Bornova, Izmir, TUR, 35050
Baticim Bati Anadolu Cimento Sanayii AS is engaged in the production and marketing of cement, ready-mixed concrete, gravel, and cement clinker. Its products and services include concrete, aggregates, and logistics. Its cement product comprises of Portland cement, Portland composite cement; concrete, comprising standard and special concrete. Further, it offers logistics services, such as marine cargo handling and harbor operations management.
42GF Score

Get the complete analysis for IST:BTCIM

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

₺5.54
Price
₺3.90
GF Value