Ege Seramiknayi ve Ticaret AS (IST:EGSER) Cyclically Adjusted PB Ratio: 2.14 (As of Jul. 23, 2026) — 47% Below Median

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IST:EGSER Ege Seramik Sanayi ve Ticaret AS IST:EGSER
47 GF Score
Price ₺3.04
GF Value ₺3.53
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Ege Seramiknayi ve Ticaret AS IST:EGSER +0.33% 47 Cyclically Adjusted PB Ratio is 2.14 as of Jul. 23, 2026, which is 47% below its 10-year median of 4.03. GuruFocus rates IST:EGSER with a GF Score™ of 47/100 and a GF Value™ of ₺3.53 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 324 Building Materials companies, Ege Seramiknayi ve Ticaret AS ranks worse than 72.22% on this metric.

As of today (2026-07-23), Ege Seramiknayi ve Ticaret AS's current share price is ₺3.04. Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺1.42. Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 2.14.

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

IST:EGSER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 4.03   Max: 11.2
Current: 2.08

During the past years, Ege Seramiknayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 11.20. The lowest was 1.46. And the median was 4.03.

IST:EGSER's Cyclically Adjusted PB Ratio is ranked worse than
72.22% of 324 companies
in the Building Materials industry
Industry Median: 1.02 vs IST:EGSER: 2.08

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.

Ege Seramiknayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺2.885. 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 ₺1.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ege Seramiknayi ve Ticaret AS  (IST:EGSER) 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.


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ege Seramiknayi 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.

Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Ege Seramiknayi 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 3.48 7.83 5.35 3.53 2.25

Ege Seramiknayi ve Ticaret 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 2.90 2.54 2.74 2.25 1.90

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

For the Building Materials subindustry, Ege Seramiknayi 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.


Ege Seramiknayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Building Materials Industry

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

* The bar in red indicates where Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:EGSER
47GF Score
Ege Seramik Sanayi ve Ticaret AS IST:EGSER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ege Seramiknayi 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.

Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.04/1.42
=2.14

* 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.

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

For example, Ege Seramiknayi 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)
=2.885/330.2130*330.2130
=2.885

Current CPI (Mar. 2026) = 330.2130.

Ege Seramiknayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.248 241.018 0.340
201609 0.313 241.428 0.428
201612 0.261 241.432 0.357
201703 0.271 243.801 0.367
201706 0.276 244.955 0.372
201709 0.292 246.819 0.391
201712 0.304 246.524 0.407
201803 0.311 249.554 0.412
201806 0.319 251.989 0.418
201809 0.348 252.439 0.455
201812 0.353 251.233 0.464
201903 0.356 254.202 0.462
201906 0.328 256.143 0.423
201909 0.333 256.759 0.428
201912 0.349 256.974 0.448
202003 0.358 258.115 0.458
202006 0.366 257.797 0.469
202009 0.400 260.280 0.507
202012 0.448 260.474 0.568
202103 0.491 264.877 0.612
202106 0.466 271.696 0.566
202109 0.509 274.310 0.613
202112 0.654 278.802 0.775
202203 0.763 287.504 0.876
202206 0.739 296.311 0.824
202209 0.806 296.808 0.897
202212 1.949 296.797 2.168
202303 1.056 301.836 1.155
202306 1.815 305.109 1.964
202309 1.973 307.789 2.117
202312 4.834 306.746 5.204
202403 3.401 312.332 3.596
202406 3.567 314.175 3.749
202409 3.396 315.301 3.557
202412 4.383 315.605 4.586
202503 3.279 319.799 3.386
202506 3.031 322.561 3.103
202509 2.944 324.800 2.993
202512 2.765 324.054 2.818
202603 2.885 330.213 2.885

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 2.14 mean?
Ege Seramiknayi ve Ticaret AS (IST:EGSER) has a Cyclically Adjusted PB Ratio of 2.14 as of Jul. 23, 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 Ege Seramiknayi ve Ticaret AS and its competitors. This is 47% below median its historical median of 4.03. Over the past decade, Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 1.46 to 11.20. According to the industry distribution chart, Ege Seramiknayi ve Ticaret AS ranks #234 out of 324 companies in the Building Materials industry, placing it in the top 72.2%.
Is Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Ege Seramiknayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.14 is 47% below median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 11.20. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.02. Ege Seramiknayi ve Ticaret AS's value of 2.14 is 109.8% above this industry median. Based on the distribution chart, Ege Seramiknayi ve Ticaret AS ranks #234 out of 324 companies in the Building Materials industry, which is below the industry midpoint. Overall, Ege Seramiknayi ve Ticaret AS has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ege Seramiknayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ege Seramiknayi ve Ticaret AS ranks #234 out of 324 companies for Cyclically Adjusted PB Ratio. This places Ege Seramiknayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Ege Seramiknayi ve Ticaret AS's value of 2.14 is 109.8% above this benchmark. Historically, Ege Seramiknayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 11.20 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.02, Ege Seramiknayi 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 1.02, based on 324 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. Ege Seramiknayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.14 is 109.8% 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 Ege Seramiknayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ege Seramiknayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 2.14, which is 47% below median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Seramiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ege Seramiknayi ve Ticaret AS (IST:EGSER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.53, compared to a current price of ₺3.04 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.14, which is 47% below median its 10-year median of 4.03 and 109.8% above the Building Materials industry median of 1.02. Ege Seramiknayi ve Ticaret AS's overall GF Score™ is 47/100 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 Ege Seramiknayi ve Ticaret AS (IST:EGSER), the current Cyclically Adjusted PB Ratio is 2.14 as of Jul. 23, 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 Ege Seramiknayi ve Ticaret AS (IST:EGSER) Overvalued in 2026?

Based on GuruFocus' analysis, Ege Seramiknayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺3.04 is trading 13.9% below its estimated GF Value™ of ₺3.53. GuruFocus considers Ege Seramiknayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:EGSER:

  • Cyclically Adjusted PB Ratio: 2.14 (47% below median its 10-year median of 4.03)
  • GF Value™: ₺3.53 vs. price of ₺3.04 (13.9% below fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 109.8% above the Building Materials median (#234 of 324)

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


Ege Seramiknayi ve Ticaret AS Business Description

Address Ankara Karayolu 26.km, Kemalpasa, Izmir, TUR, 35170
Ege Seramik Sanayi ve Ticaret AS is involved in manufacturing and marketing of ceramic and porcelain products. It offers glazed porcelain, floor tiles, and wall tiles. Some of its products range include Absolute, Adonis, Alaska, Albis, Earthwood, Edgewood, And Ege Tech.
47GF Score

Get the complete analysis for IST:EGSER

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

₺3.04
Price
₺3.53
GF Value