Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Cyclically Adjusted PB Ratio: 3.90 (As of Sep. 11, 2026) — 37% Above Median

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IST:CIMSA Cimsa Cimento Sanayi Ve Ticaret AS IST:CIMSA
77 GF Score
Price ₺45.36
GF Value ₺57.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

Cimsa Cimentonayi Ve Ticaret AS IST:CIMSA -1.09% 77 Cyclically Adjusted PB Ratio is 3.90 as of Sep. 11, 2026, which is 37% above its 10-year median of 2.85. GuruFocus rates IST:CIMSA with a GF Score™ of 77/100 and a GF Value™ of ₺57.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 284 Building Materials companies, Cimsa Cimentonayi Ve Ticaret AS ranks worse than 88.03% on this metric.

As of today (2026-09-11), Cimsa Cimentonayi Ve Ticaret AS's current share price is ₺45.36. Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₺11.62. Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 3.90.

The historical rank and industry rank for Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:CIMSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.85   Max: 14.95
Current: 3.77

During the past years, Cimsa Cimentonayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 14.95. The lowest was 0.68. And the median was 2.85.

IST:CIMSA's Cyclically Adjusted PB Ratio is ranked worse than
88.03% of 284 companies
in the Building Materials industry
Industry Median: 0.97 vs IST:CIMSA: 3.77

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.

Cimsa Cimentonayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Jun. 2026 was ₺39.552. 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 ₺11.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cimsa Cimentonayi Ve Ticaret AS  (IST:CIMSA) 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.


Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cimsa Cimentonayi 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.

Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Cimsa Cimentonayi 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 2.47 5.78 7.94 7.38 4.90

Cimsa Cimentonayi Ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 6.14 5.43 4.90 4.62 4.05

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

For the Building Materials subindustry, Cimsa Cimentonayi 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.


Cimsa Cimentonayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:CIMSA
77GF Score
Cimsa Cimento Sanayi Ve Ticaret AS IST:CIMSA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cimsa Cimentonayi 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.

Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.36/11.62
=3.90

* 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.

Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cimsa Cimentonayi Ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=39.552/333.9520*333.9520
=39.552

Current CPI (Jun. 2026) = 333.9520.

Cimsa Cimentonayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.276 241.428 1.765
201612 1.323 241.432 1.830
201703 1.162 243.801 1.592
201706 1.216 244.955 1.658
201709 1.289 246.819 1.744
201712 1.369 246.524 1.855
201803 1.325 249.554 1.773
201806 1.376 251.989 1.824
201809 1.416 252.439 1.873
201812 1.402 251.233 1.864
201903 1.416 254.202 1.860
201906 1.449 256.143 1.889
201909 1.482 256.759 1.928
201912 1.468 256.974 1.908
202003 1.452 258.115 1.879
202006 1.514 257.797 1.961
202009 1.602 260.280 2.055
202012 1.671 260.474 2.142
202103 1.814 264.877 2.287
202106 2.130 271.696 2.618
202109 2.200 274.310 2.678
202112 13.726 278.802 16.441
202203 2.606 287.504 3.027
202206 3.474 296.311 3.915
202209 5.662 296.808 6.371
202212 16.765 296.797 18.864
202303 5.908 301.836 6.537
202306 7.677 305.109 8.403
202309 8.789 307.789 9.536
202312 28.346 306.746 30.860
202403 21.830 312.332 23.341
202406 23.723 314.175 25.216
202409 26.328 315.301 27.885
202412 34.253 315.605 36.244
202503 26.396 319.799 27.564
202506 30.675 322.561 31.758
202509 33.898 324.800 34.853
202512 35.135 324.054 36.208
202603 36.761 330.213 37.177
202606 39.552 333.952 39.552

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 3.90 mean?
Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) has a Cyclically Adjusted PB Ratio of 3.90 as of Sep. 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 Cimsa Cimentonayi Ve Ticaret AS and its competitors. This is 37% above median its historical median of 2.85. Over the past decade, Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.68 to 14.95. According to the industry distribution chart, Cimsa Cimentonayi Ve Ticaret AS ranks #250 out of 284 companies in the Building Materials industry, placing it in the top 88%.
Is Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Cimsa Cimentonayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 3.90 is 37% above median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 14.95. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Cimsa Cimentonayi Ve Ticaret AS's value of 3.90 is 302.1% above this industry median. Based on the distribution chart, Cimsa Cimentonayi Ve Ticaret AS ranks #250 out of 284 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Cimsa Cimentonayi Ve Ticaret AS has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cimsa Cimentonayi Ve Ticaret AS's Cyclically Adjusted PB Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Cimsa Cimentonayi Ve Ticaret AS ranks #250 out of 284 companies for Cyclically Adjusted PB Ratio. This places Cimsa Cimentonayi Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Cimsa Cimentonayi Ve Ticaret AS's value of 3.90 is 302.1% above this benchmark. Historically, Cimsa Cimentonayi Ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 14.95 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 0.97, Cimsa Cimentonayi 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 0.97, based on 284 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. Cimsa Cimentonayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 3.90 is 302.1% 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 Cimsa Cimentonayi Ve Ticaret AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cimsa Cimentonayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio is 3.90, which is 37% above median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cimsa Cimentonayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺57.73, compared to a current price of ₺45.36 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.90, which is 37% above median its 10-year median of 2.85 and 302.1% above the Building Materials industry median of 0.97. Cimsa Cimentonayi Ve Ticaret AS's overall GF Score™ is 77/100 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 Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA), the current Cyclically Adjusted PB Ratio is 3.90 as of Sep. 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 Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Overvalued in 2026?

Based on GuruFocus' analysis, Cimsa Cimentonayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺45.36 is trading 21.4% below its estimated GF Value™ of ₺57.73. GuruFocus considers Cimsa Cimentonayi Ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:CIMSA:

  • Cyclically Adjusted PB Ratio: 3.90 (37% above median its 10-year median of 2.85)
  • GF Value™: ₺57.73 vs. price of ₺45.36 (21.4% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 302.1% above the Building Materials median (#250 of 284)

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


Cimsa Cimentonayi Ve Ticaret AS Business Description

Address Kayisdagi Cad. No: 1 Kat: 23-24, Allianz Tower Kucukbakkalkoy Mah., Istanbul, TUR, 34750
Cimsa Cimento Sanayi Ve Ticaret AS is a building materials company that manufactures and distributes various types of cement. Cimsa's product offerings include specialty cement, such as white cement and calculate aluminate cement and regular grey cement. Beyond the company's primary cement segment, Cimsa produces ready-mixed concrete and the company operates its distribution system. It generates the majority of its revenue from the Cement segment. The company is based in Turkey but maintains factories and operations across Europe.
77GF Score

Get the complete analysis for IST:CIMSA

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

₺45.36
Price
₺57.73
GF Value