Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS (IST:FMIZP) Cyclically Adjusted PB Ratio: 20.94 (As of Aug. 28, 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:FMIZP Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS IST:FMIZP
82 GF Score
Price ₺296.25
GF Value ₺378.53
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Cyclically Adjusted PB Ratio?

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS IST:FMIZP -1.74% 82 Cyclically Adjusted PB Ratio is 20.94 as of Aug. 28, 2026, which is 46% below its 10-year median of 38.88. GuruFocus rates IST:FMIZP with a GF Score™ of 82/100 and a GF Value™ of ₺378.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 927 Vehicles & Parts companies, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS ranks worse than 99.14% on this metric.

As of today (2026-08-28), Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's current share price is ₺296.25. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₺14.15. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio for today is 20.94.

The historical rank and industry rank for Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:FMIZP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 19.94   Med: 38.88   Max: 82
Current: 22.06

During the past years, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's highest Cyclically Adjusted PB Ratio was 82.00. The lowest was 19.94. And the median was 38.88.

IST:FMIZP's Cyclically Adjusted PB Ratio is ranked worse than
99.14% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs IST:FMIZP: 22.06

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.

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's adjusted book value per share data for the three months ended in Jun. 2026 was ₺49.899. 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 ₺14.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS  (IST:FMIZP) 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.


Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Cyclically Adjusted PB Ratio Related Terms


Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri 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.

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Cyclically Adjusted PB Ratio Chart

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri 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 37.07 51.52 57.01 43.63 27.55

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.96 29.89 27.55 21.40 20.68

IST:FMIZP vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri 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.


Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio falls into.


IST:FMIZP
82GF Score
Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS IST:FMIZP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri 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.

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=296.25/14.15
=20.94

* 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.

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=49.899/333.9520*333.9520
=49.899

Current CPI (Jun. 2026) = 333.9520.

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.386 241.428 3.300
201612 2.794 241.432 3.865
201703 1.871 243.801 2.563
201706 2.217 244.955 3.022
201709 2.513 246.819 3.400
201712 3.046 246.524 4.126
201803 3.542 249.554 4.740
201806 2.814 251.989 3.729
201809 3.923 252.439 5.190
201812 3.909 251.233 5.196
201903 2.832 254.202 3.720
201906 3.096 256.143 4.036
201909 3.494 256.759 4.544
201912 4.177 256.974 5.428
202003 2.446 258.115 3.165
202006 2.715 257.797 3.517
202009 3.264 260.280 4.188
202012 4.013 260.474 5.145
202103 2.737 264.877 3.451
202106 3.615 271.696 4.443
202109 4.218 274.310 5.135
202112 6.527 278.802 7.818
202203 3.766 287.504 4.374
202206 4.963 296.311 5.593
202209 7.049 296.808 7.931
202212 16.312 296.797 18.354
202303 6.740 301.836 7.457
202306 7.554 305.109 8.268
202309 8.981 307.789 9.744
202312 20.460 306.746 22.275
202403 24.226 312.332 25.903
202406 26.622 314.175 28.298
202409 30.239 315.301 32.028
202412 30.730 315.605 32.516
202503 35.768 319.799 37.351
202506 40.809 322.561 42.250
202509 44.683 324.800 45.942
202512 46.707 324.054 48.134
202603 45.296 330.213 45.809
202606 49.899 333.952 49.899

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 20.94 mean?
Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS (IST:FMIZP) has a Cyclically Adjusted PB Ratio of 20.94 as of Aug. 28, 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 Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS and its competitors. This is 46% below median its historical median of 38.88. Over the past decade, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio has ranged from 19.94 to 82.00. According to the industry distribution chart, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS ranks #919 out of 927 companies in the Vehicles & Parts industry, placing it in the top 99.1%.
Is Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio too high?
Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's current Cyclically Adjusted PB Ratio of 20.94 is 46% below median its 10-year median of 38.88. Over the past 10 years, this metric has ranged from a low of 19.94 to a high of 82.00. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.22. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's value of 20.94 is 1616.4% above this industry median. Based on the distribution chart, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS ranks #919 out of 927 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS ranks #919 out of 927 companies for Cyclically Adjusted PB Ratio. This places Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's value of 20.94 is 1616.4% above this benchmark. Historically, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's own Cyclically Adjusted PB Ratio has ranged from 19.94 to 82.00 over the past decade. While the company's 10-year median is 38.88 vs. the industry median of 1.22, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.22, based on 927 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. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's current Cyclically Adjusted PB Ratio of 20.94 is 1616.4% 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 Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's current Cyclically Adjusted PB Ratio is 20.94, which is 46% below median its own 10-year median of 38.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS stock overvalued right now?
Based on GuruFocus' analysis, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS (IST:FMIZP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺378.53, compared to a current price of ₺296.25 — trading 21.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.94, which is 46% below median its 10-year median of 38.88 and 1616.4% above the Vehicles & Parts industry median of 1.22. Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS's overall GF Score™ is 82/100 with 3 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 Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS (IST:FMIZP), the current Cyclically Adjusted PB Ratio is 20.94 as of Aug. 28, 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 Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS (IST:FMIZP) Overvalued in 2026?

Based on GuruFocus' analysis, Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS stock appears to be undervalued. The current stock price of ₺296.25 is trading 21.7% below its estimated GF Value™ of ₺378.53. GuruFocus considers Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS to be Modestly Undervalued.

Key valuation signals for IST:FMIZP:

  • Cyclically Adjusted PB Ratio: 20.94 (46% below median its 10-year median of 38.88)
  • GF Value™: ₺378.53 vs. price of ₺296.25 (21.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 1616.4% above the Vehicles & Parts median (#919 of 927)

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


Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS Business Description

Address Cumhuriyet Mahallesi, Muammer Dereli Sokak No. 2-A, Kocaeli, izmit, TUR, 41100
Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri AS is engaged in manufacturing and selling of automotive spare parts. The company's products include pistons, cylinder liners, rings, bearings, gaskets, spark plugs, and suspension parts.
82GF Score

Get the complete analysis for IST:FMIZP

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

₺296.25
Price
₺378.53
GF Value