GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) Cyclically Adjusted PB Ratio: 2.03 (As of Aug. 29, 2026) — Near Median

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IST:GSDDE GSD Denizcilik Gayrimenkul Insaat Sanayi Ve Ticaret AS IST:GSDDE
50 GF Score
Price ₺13.77
GF Value ₺10.65
Valuation Modestly Overvalued
! 9 Warning Signs
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What is GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS IST:GSDDE -2.06% 50 Cyclically Adjusted PB Ratio is 2.03 as of Aug. 29, 2026, which is 6% below its 10-year median of 2.15. GuruFocus rates IST:GSDDE with a GF Score™ of 50/100 and a GF Value™ of ₺10.65 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 697 Transportation companies, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS ranks worse than 72.17% on this metric.

As of today (2026-08-29), GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's current share price is ₺13.77. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺6.80. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 2.03.

The historical rank and industry rank for GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:GSDDE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.15   Max: 5.38
Current: 2.15

During the past years, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 5.38. The lowest was 0.63. And the median was 2.15.

IST:GSDDE's Cyclically Adjusted PB Ratio is ranked worse than
72.17% of 697 companies
in the Transportation industry
Industry Median: 1.26 vs IST:GSDDE: 2.15

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.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺19.424. 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 ₺6.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS  (IST:GSDDE) 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.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GSD Denizcilik Gayrimenkul Insaatnayi 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.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

GSD Denizcilik Gayrimenkul Insaatnayi 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 2.48 4.42 2.42 1.99 1.65

GSD Denizcilik Gayrimenkul Insaatnayi 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 1.56 1.66 1.72 1.65 1.39

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, GSD Denizcilik Gayrimenkul Insaatnayi 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.


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:GSDDE
50GF Score
GSD Denizcilik Gayrimenkul Insaat Sanayi Ve Ticaret AS IST:GSDDE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSD Denizcilik Gayrimenkul Insaatnayi 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.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.77/6.80
=2.03

* 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.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GSD Denizcilik Gayrimenkul Insaatnayi 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)
=19.424/330.2130*330.2130
=19.424

Current CPI (Mar. 2026) = 330.2130.

GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.826 241.018 1.132
201609 0.795 241.428 1.087
201612 0.943 241.432 1.290
201703 0.937 243.801 1.269
201706 0.821 244.955 1.107
201709 0.830 246.819 1.110
201712 0.902 246.524 1.208
201803 0.926 249.554 1.225
201806 1.056 251.989 1.384
201809 1.383 252.439 1.809
201812 1.293 251.233 1.699
201903 1.263 254.202 1.641
201906 1.352 256.143 1.743
201909 1.326 256.759 1.705
201912 1.392 256.974 1.789
202003 1.505 258.115 1.925
202006 1.622 257.797 2.078
202009 1.714 260.280 2.175
202012 1.602 260.474 2.031
202103 1.891 264.877 2.357
202106 2.186 271.696 2.657
202109 2.496 274.310 3.005
202112 4.024 278.802 4.766
202203 4.661 287.504 5.353
202206 5.749 296.311 6.407
202209 6.743 296.808 7.502
202212 11.602 296.797 12.908
202303 7.129 301.836 7.799
202306 9.570 305.109 10.357
202309 10.128 307.789 10.866
202312 16.170 306.746 17.407
202403 12.553 312.332 13.272
202406 12.871 314.175 13.528
202409 14.037 315.301 14.701
202412 19.395 315.605 20.293
202503 15.897 319.799 16.415
202506 16.625 322.561 17.019
202509 17.525 324.800 17.817
202512 18.538 324.054 18.890
202603 19.424 330.213 19.424

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 2.03 mean?
GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) has a Cyclically Adjusted PB Ratio of 2.03 as of Aug. 29, 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 GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS and its competitors. This is near median its historical median of 2.15. Over the past decade, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.63 to 5.38. According to the industry distribution chart, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS ranks #503 out of 697 companies in the Transportation industry, placing it in the top 72.2%.
Is GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.03 is near median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 5.38. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's value of 2.03 is 61.1% above this industry median. Based on the distribution chart, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS ranks #503 out of 697 companies in the Transportation industry, which is below the industry midpoint. Overall, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS has a GF Scoreâ„¢ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS ranks #503 out of 697 companies for Cyclically Adjusted PB Ratio. This places GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's value of 2.03 is 61.1% above this benchmark. Historically, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 5.38 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.26, GSD Denizcilik Gayrimenkul Insaatnayi 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 697 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. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 2.03 is 61.1% 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 GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio is 2.03, which is near median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺10.65, compared to a current price of ₺13.77 — trading 29.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.03, which is near median its 10-year median of 2.15 and 61.1% above the Transportation industry median of 1.26. GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS's overall GF Score™ is 50/100 with 9 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 GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE), the current Cyclically Adjusted PB Ratio is 2.03 as of Aug. 29, 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 GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS (IST:GSDDE) Overvalued in 2026?

Based on GuruFocus' analysis, GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺13.77 is trading 29.3% above its estimated GF Value™ of ₺10.65. GuruFocus considers GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:GSDDE:

  • Cyclically Adjusted PB Ratio: 2.03 (near median its 10-year median of 2.15)
  • GF Value™: ₺10.65 vs. price of ₺13.77 (29.3% above fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 61.1% above the Transportation median (#503 of 697)

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


GSD Denizcilik Gayrimenkul Insaatnayi Ve Ticaret AS Business Description

Address Avdrnevler Mahallesi, Kaptan Rifat Sokak, No. 3, Kucukyali, Maltepe, Istanbul, TUR, 34854
GSD Denizcilik Gayrimenkul Insaat Sanayi Ve Ticaret AS operates in the marine freight transportation industry. It offers to purchase and sale of ships, yachts, and naval vessels and relevant instruments, equipment and spare parts; and the purchasing and selling, renting and building real estate properties.
50GF Score

Get the complete analysis for IST:GSDDE

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

₺13.77
Price
₺10.65
GF Value