Emek Elektrik Endustrisi AS (IST:EMKEL) Cyclically Adjusted PB Ratio: 8.06 (As of Aug. 05, 2026) — Near Median

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IST:EMKEL Emek Elektrik Endustrisi AS IST:EMKEL
46 GF Score
Price ₺18.30
GF Value ₺26.37
Valuation Possible Value Trap
! 11 Warning Signs
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What is Emek Elektrik Endustrisi AS Cyclically Adjusted PB Ratio?

Emek Elektrik Endustrisi AS IST:EMKEL -0.05% 46 Cyclically Adjusted PB Ratio is 8.06 as of Aug. 05, 2026, which is 5% below its 10-year median of 8.47. GuruFocus rates IST:EMKEL with a GF Score™ of 46/100 and a GF Value™ of ₺26.37 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 2,255 Industrial Products companies, Emek Elektrik Endustrisi AS ranks worse than 91.04% on this metric.

As of today (2026-08-05), Emek Elektrik Endustrisi AS's current share price is ₺18.30. Emek Elektrik Endustrisi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺2.27. Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio for today is 8.06.

The historical rank and industry rank for Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:EMKEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 8.47   Max: 68.61
Current: 8.89

During the past years, Emek Elektrik Endustrisi AS's highest Cyclically Adjusted PB Ratio was 68.61. The lowest was 0.52. And the median was 8.47.

IST:EMKEL's Cyclically Adjusted PB Ratio is ranked worse than
91.04% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs IST:EMKEL: 8.89

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.

Emek Elektrik Endustrisi AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺7.006. 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 ₺2.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emek Elektrik Endustrisi AS  (IST:EMKEL) 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.


Emek Elektrik Endustrisi AS Cyclically Adjusted PB Ratio Related Terms


Emek Elektrik Endustrisi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emek Elektrik Endustrisi 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.

Emek Elektrik Endustrisi AS Cyclically Adjusted PB Ratio Chart

Emek Elektrik Endustrisi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 4.12 17.53 10.95 16.78

Emek Elektrik Endustrisi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec20 Dec21 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 13.05 24.72 53.45 16.78 9.25

IST:EMKEL vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Emek Elektrik Endustrisi 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.


Emek Elektrik Endustrisi AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio falls into.


IST:EMKEL
46GF Score
Emek Elektrik Endustrisi AS IST:EMKEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emek Elektrik Endustrisi 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.

Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.30/2.27
=8.06

* 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.

Emek Elektrik Endustrisi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Emek Elektrik Endustrisi 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)
=7.006/330.2130*330.2130
=7.006

Current CPI (Mar. 2026) = 330.2130.

Emek Elektrik Endustrisi AS Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.529 233.049 0.750
201403 0.510 236.293 0.713
201406 0.490 238.343 0.679
201409 0.486 238.031 0.674
201412 0.501 234.812 0.705
201503 0.484 236.119 0.677
201506 0.495 238.638 0.685
201509 0.502 237.945 0.697
201512 0.509 236.525 0.711
201603 0.519 238.132 0.720
201606 0.510 241.018 0.699
201609 0.503 241.428 0.688
201612 0.592 241.432 0.810
201703 0.623 243.801 0.844
201706 0.613 244.955 0.826
201709 0.572 246.819 0.765
201712 0.521 246.524 0.698
201803 0.507 249.554 0.671
201806 0.520 251.989 0.681
201809 0.503 252.439 0.658
201812 0.337 251.233 0.443
201903 0.303 254.202 0.394
201906 0.425 256.143 0.548
201909 0.410 256.759 0.527
202012 0.000 260.474 0.000
202112 0.937 278.802 1.110
202212 3.300 296.797 3.672
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 5.768 306.746 6.209
202403 4.328 312.332 4.576
202406 4.930 314.175 5.182
202409 5.362 315.301 5.616
202412 6.882 315.605 7.201
202503 5.081 319.799 5.246
202506 6.159 322.561 6.305
202509 6.520 324.800 6.629
202512 6.532 324.054 6.656
202603 7.006 330.213 7.006

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 8.06 mean?
Emek Elektrik Endustrisi AS (IST:EMKEL) has a Cyclically Adjusted PB Ratio of 8.06 as of Aug. 05, 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 Emek Elektrik Endustrisi AS and its competitors. This is near median its historical median of 8.47. Over the past decade, Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio has ranged from 0.52 to 68.61. According to the industry distribution chart, Emek Elektrik Endustrisi AS ranks #2053 out of 2255 companies in the Industrial Products industry, placing it in the top 91%.
Is Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio too high?
Emek Elektrik Endustrisi AS's current Cyclically Adjusted PB Ratio of 8.06 is near median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 68.61. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Emek Elektrik Endustrisi AS's value of 8.06 is 289.4% above this industry median. Based on the distribution chart, Emek Elektrik Endustrisi AS ranks #2053 out of 2255 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Emek Elektrik Endustrisi AS has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emek Elektrik Endustrisi AS's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Emek Elektrik Endustrisi AS ranks #2053 out of 2255 companies for Cyclically Adjusted PB Ratio. This places Emek Elektrik Endustrisi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Emek Elektrik Endustrisi AS's value of 8.06 is 289.4% above this benchmark. Historically, Emek Elektrik Endustrisi AS's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 68.61 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 2.07, Emek Elektrik Endustrisi 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 2.07, based on 2,255 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. Emek Elektrik Endustrisi AS's current Cyclically Adjusted PB Ratio of 8.06 is 289.4% 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 Emek Elektrik Endustrisi AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emek Elektrik Endustrisi AS's current Cyclically Adjusted PB Ratio is 8.06, which is near median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emek Elektrik Endustrisi AS stock overvalued right now?
Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS (IST:EMKEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₺26.37, compared to a current price of ₺18.30 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.06, which is near median its 10-year median of 8.47 and 289.4% above the Industrial Products industry median of 2.07. Emek Elektrik Endustrisi AS's overall GF Score™ is 46/100 with 11 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 Emek Elektrik Endustrisi AS (IST:EMKEL), the current Cyclically Adjusted PB Ratio is 8.06 as of Aug. 05, 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 Emek Elektrik Endustrisi AS (IST:EMKEL) Overvalued in 2026?

Based on GuruFocus' analysis, Emek Elektrik Endustrisi AS stock appears to be undervalued. The current stock price of ₺18.30 is trading 30.6% below its estimated GF Value™ of ₺26.37. GuruFocus considers Emek Elektrik Endustrisi AS to be Possible Value Trap.

Key valuation signals for IST:EMKEL:

  • Cyclically Adjusted PB Ratio: 8.06 (near median its 10-year median of 8.47)
  • GF Value™: ₺26.37 vs. price of ₺18.30 (30.6% below fair value)
  • GF Score™: 46/100 with 11 warning signs
  • Industry Position: 289.4% above the Industrial Products median (#2053 of 2255)

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


Emek Elektrik Endustrisi AS Business Description

Address Balikhisar Mahallesi Koy Ici Kumeevleri No: 574, Akyurt, Ankara, TUR, 06750
Emek Elektrik Endustrisi AS manufactures instrument transformers, disconnectors, and power capacitors. It products include Instrument Transformers, Oil filled current transformers up to 420 kV, Oil filled inductive voltage transformers up to 420 kV, Capacitive voltage transformers up to 420 kV, Indoor and outdoor type epoxy resin current and voltage transformers up to 72.5 kV, Low voltage Al+Zn MPP power capacitors and Disconnecting switches up to 245 kV, centre break, motor or manual operated, with or without earthing switch, up to 2,000 Amps. The company exports its products to more than 90 countries.
46GF Score

Get the complete analysis for IST:EMKEL

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

₺18.30
Price
₺26.37
GF Value