Demisas Dokum Emaye Mamullerinayi AS (IST:DMSAS) Cyclically Adjusted PB Ratio: 3.87 (As of Jul. 12, 2026) — 10% Below Median


IST:DMSAS Demisas Dokum Emaye Mamulleri Sanayi AS IST:DMSAS
40 GF Score
Price ₺8.40
GF Value ₺5.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Demisas Dokum Emaye Mamullerinayi AS Cyclically Adjusted PB Ratio?

Demisas Dokum Emaye Mamullerinayi AS IST:DMSAS -0.71% 40 Cyclically Adjusted PB Ratio is 3.87 as of Jul. 12, 2026, which is 10% below its 10-year median of 4.32. GuruFocus rates IST:DMSAS with a GF Score™ of 40/100 and a GF Value™ of ₺5.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,296 Industrial Products companies, Demisas Dokum Emaye Mamullerinayi AS ranks worse than 68.6% on this metric.

As of today (2026-07-12), Demisas Dokum Emaye Mamullerinayi AS's current share price is ₺8.40. Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺2.17. Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio for today is 3.87.

The historical rank and industry rank for Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:DMSAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 4.32   Max: 9.34
Current: 3.88

During the past years, Demisas Dokum Emaye Mamullerinayi AS's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 1.31. And the median was 4.32.

IST:DMSAS's Cyclically Adjusted PB Ratio is ranked worse than
68.6% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs IST:DMSAS: 3.88

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.

Demisas Dokum Emaye Mamullerinayi AS's adjusted book value per share data for the three months ended in Dec. 2025 was ₺6.505. 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 ₺2.17 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Demisas Dokum Emaye Mamullerinayi AS  (IST:DMSAS) 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.


Demisas Dokum Emaye Mamullerinayi AS Cyclically Adjusted PB Ratio Related Terms


Demisas Dokum Emaye Mamullerinayi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Demisas Dokum Emaye Mamullerinayi 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.

Demisas Dokum Emaye Mamullerinayi AS Cyclically Adjusted PB Ratio Chart

Demisas Dokum Emaye Mamullerinayi 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 4.63 8.53 4.69 5.61 4.65

Demisas Dokum Emaye Mamullerinayi AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only 5.61 4.45 3.83 4.23 4.65

IST:DMSAS vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Demisas Dokum Emaye Mamullerinayi 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.


Demisas Dokum Emaye Mamullerinayi AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio falls into.


IST:DMSAS
40GF Score
Demisas Dokum Emaye Mamulleri Sanayi AS IST:DMSAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Demisas Dokum Emaye Mamullerinayi 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.

Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.40/2.17
=3.87

* 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.

Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Demisas Dokum Emaye Mamullerinayi AS's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.505/324.0540*324.0540
=6.505

Current CPI (Dec. 2025) = 324.0540.

Demisas Dokum Emaye Mamullerinayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.426 238.132 0.580
201606 0.403 241.018 0.542
201609 0.397 241.428 0.533
201612 0.318 241.432 0.427
201703 0.308 243.801 0.409
201706 0.312 244.955 0.413
201709 0.321 246.819 0.421
201712 0.344 246.524 0.452
201803 0.373 249.554 0.484
201806 0.472 251.989 0.607
201809 0.556 252.439 0.714
201812 0.595 251.233 0.767
201903 0.629 254.202 0.802
201906 0.596 256.143 0.754
201909 0.596 256.759 0.752
201912 0.622 256.974 0.784
202003 0.603 258.115 0.757
202006 0.565 257.797 0.710
202009 0.609 260.280 0.758
202012 0.700 260.474 0.871
202103 0.728 264.877 0.891
202106 0.741 271.696 0.884
202109 0.886 274.310 1.047
202112 0.944 278.802 1.097
202203 1.008 287.504 1.136
202206 1.089 296.311 1.191
202209 1.184 296.808 1.293
202212 2.917 296.797 3.185
202303 2.137 301.836 2.294
202306 1.815 305.109 1.928
202309 1.998 307.789 2.104
202312 6.166 306.746 6.514
202403 5.153 312.332 5.346
202406 5.408 314.175 5.578
202409 5.647 315.301 5.804
202412 7.546 315.605 7.748
202503 6.283 319.799 6.367
202506 6.390 322.561 6.420
202509 6.761 324.800 6.745
202512 6.505 324.054 6.505

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 3.87 mean?
Demisas Dokum Emaye Mamullerinayi AS (IST:DMSAS) has a Cyclically Adjusted PB Ratio of 3.87 as of Jul. 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 Demisas Dokum Emaye Mamullerinayi AS and its competitors. This is 10% below median its historical median of 4.32. Over the past decade, Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio has ranged from 1.31 to 9.34. According to the industry distribution chart, Demisas Dokum Emaye Mamullerinayi AS ranks #1575 out of 2296 companies in the Industrial Products industry, placing it in the top 68.6%.
Is Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio too high?
Demisas Dokum Emaye Mamullerinayi AS's current Cyclically Adjusted PB Ratio of 3.87 is 10% below median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 9.34. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Demisas Dokum Emaye Mamullerinayi AS's value of 3.87 is 74.7% above this industry median. Based on the distribution chart, Demisas Dokum Emaye Mamullerinayi AS ranks #1575 out of 2296 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Demisas Dokum Emaye Mamullerinayi AS has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Demisas Dokum Emaye Mamullerinayi AS's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Demisas Dokum Emaye Mamullerinayi AS ranks #1575 out of 2296 companies for Cyclically Adjusted PB Ratio. This places Demisas Dokum Emaye Mamullerinayi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Demisas Dokum Emaye Mamullerinayi AS's value of 3.87 is 74.7% above this benchmark. Historically, Demisas Dokum Emaye Mamullerinayi AS's own Cyclically Adjusted PB Ratio has ranged from 1.31 to 9.34 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 2.22, Demisas Dokum Emaye Mamullerinayi 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,296 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. Demisas Dokum Emaye Mamullerinayi AS's current Cyclically Adjusted PB Ratio of 3.87 is 74.7% 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 Demisas Dokum Emaye Mamullerinayi AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Demisas Dokum Emaye Mamullerinayi AS's current Cyclically Adjusted PB Ratio is 3.87, which is 10% below median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Demisas Dokum Emaye Mamullerinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Demisas Dokum Emaye Mamullerinayi AS (IST:DMSAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺5.06, compared to a current price of ₺8.40 — trading 66% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.87, which is 10% below median its 10-year median of 4.32 and 74.7% above the Industrial Products industry median of 2.22. Demisas Dokum Emaye Mamullerinayi AS's overall GF Score™ is 40/100 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 Demisas Dokum Emaye Mamullerinayi AS (IST:DMSAS), the current Cyclically Adjusted PB Ratio is 3.87 as of Jul. 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 Demisas Dokum Emaye Mamullerinayi AS (IST:DMSAS) Overvalued in 2026?

Based on GuruFocus' analysis, Demisas Dokum Emaye Mamullerinayi AS stock appears to be overvalued. The current stock price of ₺8.40 is trading 66% above its estimated GF Value™ of ₺5.06. GuruFocus considers Demisas Dokum Emaye Mamullerinayi AS to be Significantly Overvalued.

Key valuation signals for IST:DMSAS:

  • Cyclically Adjusted PB Ratio: 3.87 (10% below median its 10-year median of 4.32)
  • GF Value™: ₺5.06 vs. price of ₺8.40 (66% above fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 74.7% above the Industrial Products median (#1575 of 2296)

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


Demisas Dokum Emaye Mamullerinayi AS Business Description

Address Emek Mah Asiroglu Cad. Number 147, Darica, Kocaeli, TUR, 41700
Demisas Dokum Emaye Mamulleri Sanayi AS designs, engineers, and manufactures iron casting products in Turkey. It is involved in the processes of Core Making, Melting and Pouring, Moulding, Cleaning, and Machining. The company produces refrigerator compressor parts, automotive parts, security brake parts, and vehicle brake parts.
40GF Score

Get the complete analysis for IST:DMSAS

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

₺8.40
Price
₺5.06
GF Value