Bursa Cimento Fabrikasi AS (IST:BUCIM) Cyclically Adjusted PB Ratio: 1.42 (As of Aug. 12, 2026) — 61% Below Median

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IST:BUCIM Bursa Cimento Fabrikasi AS IST:BUCIM
67 GF Score
Price ₺4.94
GF Value ₺6.14
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bursa Cimento Fabrikasi AS Cyclically Adjusted PB Ratio?

Bursa Cimento Fabrikasi AS IST:BUCIM -1.79% 67 Cyclically Adjusted PB Ratio is 1.42 as of Aug. 12, 2026, which is 61% below its 10-year median of 3.68. GuruFocus rates IST:BUCIM with a GF Score™ of 67/100 and a GF Value™ of ₺6.14 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 310 Building Materials companies, Bursa Cimento Fabrikasi AS ranks worse than 62.58% on this metric.

As of today (2026-08-12), Bursa Cimento Fabrikasi AS's current share price is ₺4.94. Bursa Cimento Fabrikasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺3.48. Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio for today is 1.42.

The historical rank and industry rank for Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:BUCIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 3.68   Max: 9.53
Current: 1.46

During the past years, Bursa Cimento Fabrikasi AS's highest Cyclically Adjusted PB Ratio was 9.53. The lowest was 1.45. And the median was 3.68.

IST:BUCIM's Cyclically Adjusted PB Ratio is ranked worse than
62.58% of 310 companies
in the Building Materials industry
Industry Median: 1.01 vs IST:BUCIM: 1.46

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.

Bursa Cimento Fabrikasi AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺11.391. 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 ₺3.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bursa Cimento Fabrikasi AS  (IST:BUCIM) 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.


Bursa Cimento Fabrikasi AS Cyclically Adjusted PB Ratio Related Terms


Bursa Cimento Fabrikasi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bursa Cimento Fabrikasi 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.

Bursa Cimento Fabrikasi AS Cyclically Adjusted PB Ratio Chart

Bursa Cimento Fabrikasi 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 3.07 6.68 5.21 4.25 2.54

Bursa Cimento Fabrikasi 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 3.08 2.58 2.27 2.54 1.74

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

For the Building Materials subindustry, Bursa Cimento Fabrikasi 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.


Bursa Cimento Fabrikasi AS Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio falls into.


IST:BUCIM
67GF Score
Bursa Cimento Fabrikasi AS IST:BUCIM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bursa Cimento Fabrikasi 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.

Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.94/3.48
=1.42

* 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.

Bursa Cimento Fabrikasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bursa Cimento Fabrikasi 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)
=11.391/330.2130*330.2130
=11.391

Current CPI (Mar. 2026) = 330.2130.

Bursa Cimento Fabrikasi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.498 241.018 0.682
201609 0.518 241.428 0.708
201612 0.531 241.432 0.726
201703 0.519 243.801 0.703
201706 0.546 244.955 0.736
201709 0.582 246.819 0.779
201712 0.585 246.524 0.784
201803 0.587 249.554 0.777
201806 0.625 251.989 0.819
201809 0.673 252.439 0.880
201812 0.687 251.233 0.903
201903 0.695 254.202 0.903
201906 0.702 256.143 0.905
201909 0.695 256.759 0.894
201912 0.695 256.974 0.893
202003 0.728 258.115 0.931
202006 0.744 257.797 0.953
202009 0.796 260.280 1.010
202012 0.818 260.474 1.037
202103 1.116 264.877 1.391
202106 1.204 271.696 1.463
202109 1.272 274.310 1.531
202112 1.526 278.802 1.807
202203 1.744 287.504 2.003
202206 1.977 296.311 2.203
202209 2.178 296.808 2.423
202212 4.742 296.797 5.276
202303 2.553 301.836 2.793
202306 2.865 305.109 3.101
202309 3.159 307.789 3.389
202312 8.473 306.746 9.121
202403 6.626 312.332 7.005
202406 7.146 314.175 7.511
202409 8.221 315.301 8.610
202412 11.162 315.605 11.679
202503 9.050 319.799 9.345
202506 9.693 322.561 9.923
202509 10.356 324.800 10.529
202512 10.527 324.054 10.727
202603 11.391 330.213 11.391

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 1.42 mean?
Bursa Cimento Fabrikasi AS (IST:BUCIM) has a Cyclically Adjusted PB Ratio of 1.42 as of Aug. 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 Bursa Cimento Fabrikasi AS and its competitors. This is 61% below median its historical median of 3.68. Over the past decade, Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio has ranged from 1.45 to 9.53. According to the industry distribution chart, Bursa Cimento Fabrikasi AS ranks #194 out of 310 companies in the Building Materials industry, placing it in the top 62.6%.
Is Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio too high?
Bursa Cimento Fabrikasi AS's current Cyclically Adjusted PB Ratio of 1.42 is 61% below median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 9.53. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.01. Bursa Cimento Fabrikasi AS's value of 1.42 is 40.6% above this industry median. Based on the distribution chart, Bursa Cimento Fabrikasi AS ranks #194 out of 310 companies in the Building Materials industry, which is below the industry midpoint. Overall, Bursa Cimento Fabrikasi AS has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bursa Cimento Fabrikasi AS's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Bursa Cimento Fabrikasi AS ranks #194 out of 310 companies for Cyclically Adjusted PB Ratio. This places Bursa Cimento Fabrikasi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Bursa Cimento Fabrikasi AS's value of 1.42 is 40.6% above this benchmark. Historically, Bursa Cimento Fabrikasi AS's own Cyclically Adjusted PB Ratio has ranged from 1.45 to 9.53 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 1.01, Bursa Cimento Fabrikasi 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 1.01, based on 310 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. Bursa Cimento Fabrikasi AS's current Cyclically Adjusted PB Ratio of 1.42 is 40.6% 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 Bursa Cimento Fabrikasi AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa Cimento Fabrikasi AS's current Cyclically Adjusted PB Ratio is 1.42, which is 61% below median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Cimento Fabrikasi AS stock overvalued right now?
Based on GuruFocus' analysis, Bursa Cimento Fabrikasi AS (IST:BUCIM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺6.14, compared to a current price of ₺4.94 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.42, which is 61% below median its 10-year median of 3.68 and 40.6% above the Building Materials industry median of 1.01. Bursa Cimento Fabrikasi AS's overall GF Score™ is 67/100 with 7 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 Bursa Cimento Fabrikasi AS (IST:BUCIM), the current Cyclically Adjusted PB Ratio is 1.42 as of Aug. 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 Bursa Cimento Fabrikasi AS (IST:BUCIM) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa Cimento Fabrikasi AS stock appears to be undervalued. The current stock price of ₺4.94 is trading 19.5% below its estimated GF Value™ of ₺6.14. GuruFocus considers Bursa Cimento Fabrikasi AS to be Modestly Undervalued.

Key valuation signals for IST:BUCIM:

  • Cyclically Adjusted PB Ratio: 1.42 (61% below median its 10-year median of 3.68)
  • GF Value™: ₺6.14 vs. price of ₺4.94 (19.5% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 40.6% above the Building Materials median (#194 of 310)

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


Bursa Cimento Fabrikasi AS Business Description

Address Yeni Mahalle Uludag Caddesi No.170, Kestel, Bursa, TUR
Bursa Cimento Fabrikasi AS is engaged in the manufacturing and distribution of cement. Its products include Portland, puzzolanic, and Portland composite cement. Together with its subsidiaries, the company is active in five sectors: Cement, Steel, Ready-Mix Concrete, Ash and Port services.
67GF Score

Get the complete analysis for IST:BUCIM

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

₺4.94
Price
₺6.14
GF Value