Ford Otomotivnayi AS (IST:FROTO) Cyclically Adjusted PB Ratio: 6.28 (As of Sep. 22, 2026) — 59% Below Median

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IST:FROTO Ford Otomotiv Sanayi AS IST:FROTO
91 GF Score
Price ₺77.85
GF Value ₺155.44
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Ford Otomotivnayi AS Cyclically Adjusted PB Ratio?

Ford Otomotivnayi AS IST:FROTO -1.87% 91 Cyclically Adjusted PB Ratio is 6.28 as of Sep. 22, 2026, which is 59% below its 10-year median of 15.47. GuruFocus rates IST:FROTO with a GF Score™ of 91/100 and a GF Value™ of ₺155.44 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 926 Vehicles & Parts companies, Ford Otomotivnayi AS ranks worse than 92.98% on this metric.

As of today (2026-09-22), Ford Otomotivnayi AS's current share price is ₺77.85. Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₺12.39. Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is 6.28.

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

IST:FROTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.49   Med: 15.47   Max: 44.31
Current: 6.3

During the past years, Ford Otomotivnayi AS's highest Cyclically Adjusted PB Ratio was 44.31. The lowest was 5.49. And the median was 15.47.

IST:FROTO's Cyclically Adjusted PB Ratio is ranked worse than
92.98% of 926 companies
in the Vehicles & Parts industry
Industry Median: 1.21 vs IST:FROTO: 6.30

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.

Ford Otomotivnayi AS's adjusted book value per share data for the three months ended in Jun. 2026 was ₺51.065. 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 ₺12.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ford Otomotivnayi AS  (IST:FROTO) 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Related Terms


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ford Otomotivnayi 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.

Ford Otomotivnayi AS Cyclically Adjusted PB Ratio Chart

Ford Otomotivnayi 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 17.82 26.79 18.39 12.81 7.83

Ford Otomotivnayi 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 11.94 11.48 9.56 9.18 6.83

IST:FROTO vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Ford Otomotivnayi 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.


Ford Otomotivnayi AS Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio falls into.


IST:FROTO
91GF Score
Ford Otomotiv Sanayi AS IST:FROTO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ford Otomotivnayi 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.

Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.85/12.388
=6.28

* 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.

Ford Otomotivnayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ford Otomotivnayi 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)
=51.065/333.9520*333.9520
=51.065

Current CPI (Jun. 2026) = 333.9520.

Ford Otomotivnayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.940 241.428 1.300
201612 0.902 241.432 1.248
201703 0.847 243.801 1.160
201706 0.949 244.955 1.294
201709 1.037 246.819 1.403
201712 1.053 246.524 1.426
201803 0.920 249.554 1.231
201806 1.026 251.989 1.360
201809 0.975 252.439 1.290
201812 1.109 251.233 1.474
201903 0.995 254.202 1.307
201906 1.126 256.143 1.468
201909 1.316 256.759 1.712
201912 1.329 256.974 1.727
202003 1.145 258.115 1.481
202006 1.183 257.797 1.532
202009 1.360 260.280 1.745
202012 2.007 260.474 2.573
202103 1.724 264.877 2.174
202106 1.988 271.696 2.444
202109 2.566 274.310 3.124
202112 2.892 278.802 3.464
202203 2.364 287.504 2.746
202206 3.325 296.311 3.747
202209 4.457 296.808 5.015
202212 6.099 296.797 6.863
202303 6.287 301.836 6.956
202306 7.777 305.109 8.512
202309 11.543 307.789 12.524
202312 20.805 306.746 22.650
202403 25.623 312.332 27.397
202406 24.888 314.175 26.455
202409 28.890 315.301 30.599
202412 32.836 315.605 34.745
202503 35.578 319.799 37.153
202506 40.027 322.561 41.441
202509 45.246 324.800 46.521
202512 44.462 324.054 45.820
202603 46.860 330.213 47.391
202606 51.065 333.952 51.065

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 6.28 mean?
Ford Otomotivnayi AS (IST:FROTO) has a Cyclically Adjusted PB Ratio of 6.28 as of Sep. 22, 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 Ford Otomotivnayi AS and its competitors. This is 59% below median its historical median of 15.47. Over the past decade, Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio has ranged from 5.49 to 44.31. According to the industry distribution chart, Ford Otomotivnayi AS ranks #861 out of 926 companies in the Vehicles & Parts industry, placing it in the top 93%.
Is Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio too high?
Ford Otomotivnayi AS's current Cyclically Adjusted PB Ratio of 6.28 is 59% below median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 44.31. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.21. Ford Otomotivnayi AS's value of 6.28 is 419% above this industry median. Based on the distribution chart, Ford Otomotivnayi AS ranks #861 out of 926 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ford Otomotivnayi AS has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ford Otomotivnayi AS's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ford Otomotivnayi AS ranks #861 out of 926 companies for Cyclically Adjusted PB Ratio. This places Ford Otomotivnayi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Ford Otomotivnayi AS's value of 6.28 is 419% above this benchmark. Historically, Ford Otomotivnayi AS's own Cyclically Adjusted PB Ratio has ranged from 5.49 to 44.31 over the past decade. While the company's 10-year median is 15.47 vs. the industry median of 1.21, Ford Otomotivnayi 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 1.21, based on 926 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. Ford Otomotivnayi AS's current Cyclically Adjusted PB Ratio of 6.28 is 419% 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 Ford Otomotivnayi AS and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ford Otomotivnayi AS's current Cyclically Adjusted PB Ratio is 6.28, which is 59% below median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ford Otomotivnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ford Otomotivnayi AS (IST:FROTO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺155.44, compared to a current price of ₺77.85 — trading 49.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.28, which is 59% below median its 10-year median of 15.47 and 419% above the Vehicles & Parts industry median of 1.21. Ford Otomotivnayi AS's overall GF Score™ is 91/100 with 8 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 Ford Otomotivnayi AS (IST:FROTO), the current Cyclically Adjusted PB Ratio is 6.28 as of Sep. 22, 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 Ford Otomotivnayi AS (IST:FROTO) Overvalued in 2026?

Based on GuruFocus' analysis, Ford Otomotivnayi AS stock appears to be undervalued. The current stock price of ₺77.85 is trading 49.9% below its estimated GF Value™ of ₺155.44. GuruFocus considers Ford Otomotivnayi AS to be Significantly Undervalued.

Key valuation signals for IST:FROTO:

  • Cyclically Adjusted PB Ratio: 6.28 (59% below median its 10-year median of 15.47)
  • GF Value™: ₺155.44 vs. price of ₺77.85 (49.9% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 419% above the Vehicles & Parts median (#861 of 926)

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


Ford Otomotivnayi AS Business Description

Other Exchanges FOVSY:USAFO9A:Germany
Address Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR
Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.
91GF Score

Get the complete analysis for IST:FROTO

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

₺77.85
Price
₺155.44
GF Value