Dyo Boya Fabrikalarinayi ve Ticaret AS (IST:DYOBY) Cyclically Adjusted PB Ratio: 2.05 (As of Aug. 07, 2026) — 65% Below Median

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IST:DYOBY Dyo Boya Fabrikalari Sanayi ve Ticaret AS IST:DYOBY
56 GF Score
Price ₺12.68
GF Value ₺11.16
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Dyo Boya Fabrikalarinayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Dyo Boya Fabrikalarinayi ve Ticaret AS IST:DYOBY +0.56% 56 Cyclically Adjusted PB Ratio is 2.05 as of Aug. 07, 2026, which is 65% below its 10-year median of 5.92. GuruFocus rates IST:DYOBY with a GF Score™ of 56/100 and a GF Value™ of ₺11.16 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,236 Chemicals companies, Dyo Boya Fabrikalarinayi ve Ticaret AS ranks worse than 61.57% on this metric.

As of today (2026-08-07), Dyo Boya Fabrikalarinayi ve Ticaret AS's current share price is ₺12.68. Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺6.20. Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 2.05.

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

IST:DYOBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 5.92   Max: 13.11
Current: 2.21

During the past years, Dyo Boya Fabrikalarinayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 13.11. The lowest was 2.10. And the median was 5.92.

IST:DYOBY's Cyclically Adjusted PB Ratio is ranked worse than
61.57% of 1236 companies
in the Chemicals industry
Industry Median: 1.61 vs IST:DYOBY: 2.21

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.

Dyo Boya Fabrikalarinayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺27.440. 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 ₺6.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dyo Boya Fabrikalarinayi ve Ticaret AS  (IST:DYOBY) 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.


Dyo Boya Fabrikalarinayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Dyo Boya Fabrikalarinayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dyo Boya Fabrikalarinayi 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.

Dyo Boya Fabrikalarinayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Dyo Boya Fabrikalarinayi 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 5.40 8.67 4.40 6.16 2.38

Dyo Boya Fabrikalarinayi ve Ticaret AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 6.16 5.05 2.81 2.38 2.08

IST:DYOBY vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Dyo Boya Fabrikalarinayi 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.


Dyo Boya Fabrikalarinayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:DYOBY
56GF Score
Dyo Boya Fabrikalari Sanayi ve Ticaret AS IST:DYOBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dyo Boya Fabrikalarinayi 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.

Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.68/6.20
=2.05

* 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.

Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Dyo Boya Fabrikalarinayi 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)
=27.44/330.2130*330.2130
=27.440

Current CPI (Mar. 2026) = 330.2130.

Dyo Boya Fabrikalarinayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.377 238.132 0.523
201606 0.453 241.018 0.621
201609 0.412 241.428 0.564
201612 0.399 241.432 0.546
201703 0.365 243.801 0.494
201706 0.362 244.955 0.488
201709 0.392 246.819 0.524
201712 0.496 246.524 0.664
201803 0.526 249.554 0.696
201806 0.480 251.989 0.629
201809 0.281 252.439 0.368
201812 0.433 251.233 0.569
201903 0.431 254.202 0.560
201906 0.465 256.143 0.599
201909 0.471 256.759 0.606
201912 0.622 256.974 0.799
202003 0.610 258.115 0.780
202006 0.687 257.797 0.880
202009 0.813 260.280 1.031
202012 1.008 260.474 1.278
202103 1.023 264.877 1.275
202106 1.054 271.696 1.281
202109 1.062 274.310 1.278
202112 2.177 278.802 2.578
202203 2.424 287.504 2.784
202206 2.774 296.311 3.091
202209 2.870 296.808 3.193
202212 11.801 296.797 13.130
202303 5.480 301.836 5.995
202306 3.979 305.109 4.306
202309 3.834 307.789 4.113
202312 17.442 306.746 18.776
202403 13.782 312.332 14.571
202406 15.502 314.175 16.293
202409 16.586 315.301 17.370
202412 26.095 315.605 27.303
202503 22.154 319.799 22.875
202506 21.655 322.561 22.169
202512 24.577 324.054 25.044
202603 27.440 330.213 27.440

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 2.05 mean?
Dyo Boya Fabrikalarinayi ve Ticaret AS (IST:DYOBY) has a Cyclically Adjusted PB Ratio of 2.05 as of Aug. 07, 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 Dyo Boya Fabrikalarinayi ve Ticaret AS and its competitors. This is 65% below median its historical median of 5.92. Over the past decade, Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 2.10 to 13.11. According to the industry distribution chart, Dyo Boya Fabrikalarinayi ve Ticaret AS ranks #761 out of 1236 companies in the Chemicals industry, placing it in the top 61.6%.
Is Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Dyo Boya Fabrikalarinayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.05 is 65% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 13.11. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Dyo Boya Fabrikalarinayi ve Ticaret AS's value of 2.05 is 27.3% above this industry median. Based on the distribution chart, Dyo Boya Fabrikalarinayi ve Ticaret AS ranks #761 out of 1236 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dyo Boya Fabrikalarinayi ve Ticaret AS has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyo Boya Fabrikalarinayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dyo Boya Fabrikalarinayi ve Ticaret AS ranks #761 out of 1236 companies for Cyclically Adjusted PB Ratio. This places Dyo Boya Fabrikalarinayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Dyo Boya Fabrikalarinayi ve Ticaret AS's value of 2.05 is 27.3% above this benchmark. Historically, Dyo Boya Fabrikalarinayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 2.10 to 13.11 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 1.61, Dyo Boya Fabrikalarinayi 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.61, based on 1,236 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. Dyo Boya Fabrikalarinayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.05 is 27.3% 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 Dyo Boya Fabrikalarinayi ve Ticaret AS and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyo Boya Fabrikalarinayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 2.05, which is 65% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyo Boya Fabrikalarinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Dyo Boya Fabrikalarinayi ve Ticaret AS (IST:DYOBY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺11.16, compared to a current price of ₺12.68 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.05, which is 65% below median its 10-year median of 5.92 and 27.3% above the Chemicals industry median of 1.61. Dyo Boya Fabrikalarinayi ve Ticaret AS's overall GF Score™ is 56/100 with 10 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 Dyo Boya Fabrikalarinayi ve Ticaret AS (IST:DYOBY), the current Cyclically Adjusted PB Ratio is 2.05 as of Aug. 07, 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 Dyo Boya Fabrikalarinayi ve Ticaret AS (IST:DYOBY) Overvalued in 2026?

Based on GuruFocus' analysis, Dyo Boya Fabrikalarinayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺12.68 is trading 13.6% above its estimated GF Value™ of ₺11.16. GuruFocus considers Dyo Boya Fabrikalarinayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:DYOBY:

  • Cyclically Adjusted PB Ratio: 2.05 (65% below median its 10-year median of 5.92)
  • GF Value™: ₺11.16 vs. price of ₺12.68 (13.6% above fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 27.3% above the Chemicals median (#761 of 1236)

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


Dyo Boya Fabrikalarinayi ve Ticaret AS Business Description

Address Sehit Fethi Bey Cadesi No. 120/101, Izmir, TUR, 35210
Dyo Boya Fabrikalari Sanayi ve Ticaret AS is a manufacturer of paints based in Turkey. The company's products include industrial coatings which include decorative paints, thermal insulation paints, powder paints and coil paints, furniture paints, auto repair paints, marine paints, protective paints and sub-sectors such as polyester resins.
56GF Score

Get the complete analysis for IST:DYOBY

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

₺12.68
Price
₺11.16
GF Value