Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) Cyclically Adjusted PB Ratio: 8.33 (As of Jul. 15, 2026) — 76% Above Median

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IST:DERIM Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS IST:DERIM
65 GF Score
Price ₺36.90
GF Value ₺40.48
Valuation Fairly Valued
! 4 Warning Signs
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What is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Cyclically Adjusted PB Ratio?

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS IST:DERIM -1.86% 65 Cyclically Adjusted PB Ratio is 8.33 as of Jul. 15, 2026, which is 76% above its 10-year median of 4.72. GuruFocus rates IST:DERIM with a GF Score™ of 65/100 and a GF Value™ of ₺40.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 879 Manufacturing - Apparel & Accessories companies, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks worse than 95.79% on this metric.

As of today (2026-07-15), Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current share price is ₺36.90. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₺4.43. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio for today is 8.33.

The historical rank and industry rank for Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:DERIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 4.72   Max: 22.21
Current: 8.66

During the past 13 years, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's highest Cyclically Adjusted PB Ratio was 22.21. The lowest was 1.41. And the median was 4.72.

IST:DERIM's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 879 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1 vs IST:DERIM: 8.66

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.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₺11.647. 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 ₺4.43 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS  (IST:DERIM) 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.


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Cyclically Adjusted PB Ratio Related Terms


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Cyclically Adjusted PB Ratio Chart

Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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 2.74 5.48 6.19 11.41 8.30

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 5.48 6.19 11.41 8.30

IST:DERIM vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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.


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio falls into.


IST:DERIM
65GF Score
Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS IST:DERIM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.90/4.43
=8.33

* 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.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=11.647/324.0540*324.0540
=11.647

Current CPI (Dec25) = 324.0540.

Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Annual Data

Book Value per Share CPI Adj_Book
201612 1.455 241.432 1.953
201712 1.475 246.524 1.939
201812 1.389 251.233 1.792
201912 1.621 256.974 2.044
202012 1.506 260.474 1.874
202112 1.547 278.802 1.798
202212 4.127 296.797 4.506
202312 6.175 306.746 6.523
202412 9.956 315.605 10.223
202512 11.647 324.054 11.647

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 8.33 mean?
Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) has a Cyclically Adjusted PB Ratio of 8.33 as of Jul. 15, 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS and its competitors. This is 76% above median its historical median of 4.72. Over the past decade, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio has ranged from 1.41 to 22.21. According to the industry distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #842 out of 879 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95.8%.
Is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio too high?
Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current Cyclically Adjusted PB Ratio of 8.33 is 76% above median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 22.21. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.00. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's value of 8.33 is 733% above this industry median. Based on the distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #842 out of 879 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS ranks #842 out of 879 companies for Cyclically Adjusted PB Ratio. This places Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's value of 8.33 is 733% above this benchmark. Historically, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's own Cyclically Adjusted PB Ratio has ranged from 1.41 to 22.21 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 1.00, Derimod Konfeksiyon Ayakkabi Derin Ve Tic 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.00, based on 879 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. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current Cyclically Adjusted PB Ratio of 8.33 is 733% 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's current Cyclically Adjusted PB Ratio is 8.33, which is 76% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS stock overvalued right now?
Based on GuruFocus' analysis, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) is currently considered Fairly Valued. The stock's GF Value™ is ₺40.48, compared to a current price of ₺36.90 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.33, which is 76% above median its 10-year median of 4.72 and 733% above the Manufacturing - Apparel & Accessories industry median of 1.00. Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS's overall GF Score™ is 65/100 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM), the current Cyclically Adjusted PB Ratio is 8.33 as of Jul. 15, 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 Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS (IST:DERIM) Overvalued in 2026?

Based on GuruFocus' analysis, Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS stock appears to be undervalued. The current stock price of ₺36.90 is trading 8.8% below its estimated GF Value™ of ₺40.48. GuruFocus considers Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS to be Fairly Valued.

Key valuation signals for IST:DERIM:

  • Cyclically Adjusted PB Ratio: 8.33 (76% above median its 10-year median of 4.72)
  • GF Value™: ₺40.48 vs. price of ₺36.90 (8.8% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 733% above the Manufacturing - Apparel & Accessories median (#842 of 879)

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


Derimod Konfeksiyon Ayakkabi Derin Ve Tic AS Business Description

Address Imrahor Street, Premier Campus Office Block No:29/A Kagithane, Gursel, Istanbul, TUR
Derimod Konfeksiyon Ayakkabi Deri San Ve Tic AS is involved in manufacturing leather garments, accessories and other products in Turkey. The company offers Heeled Boots, Flat Boots, Leather Coats, Casual Shoes, Belt and Wallet among others.
65GF Score

Get the complete analysis for IST:DERIM

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

₺36.90
Price
₺40.48
GF Value