Gubre Fabrikalari TAS (IST:GUBRF) Cyclically Adjusted PB Ratio: (As of Sep. 19, 2026)

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:GUBRF Gubre Fabrikalari TAS IST:GUBRF
64 GF Score
Price ₺443.50
GF Value ₺347.85
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gubre Fabrikalari TAS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gubre Fabrikalari TAS  (IST:GUBRF) 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.


Gubre Fabrikalari TAS Cyclically Adjusted PB Ratio Related Terms


Gubre Fabrikalari TAS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gubre Fabrikalari TAS'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.

Gubre Fabrikalari TAS Cyclically Adjusted PB Ratio Chart

Gubre Fabrikalari TAS 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 15.43 36.02 12.65 13.93 11.11

Gubre Fabrikalari TAS 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 11.43 12.68 13.93 16.60 13.76

IST:GUBRF vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Gubre Fabrikalari TAS'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.


Gubre Fabrikalari TAS Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Gubre Fabrikalari TAS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gubre Fabrikalari TAS's Cyclically Adjusted PB Ratio falls into.


IST:GUBRF
64GF Score
Gubre Fabrikalari TAS IST:GUBRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gubre Fabrikalari TAS 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.

Gubre Fabrikalari TAS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Gubre Fabrikalari TAS'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)
=138.804/333.9520*333.9520
=138.804

Current CPI (Jun. 2026) = 333.9520.

Gubre Fabrikalari TAS Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.525 241.428 4.876
201612 3.598 241.432 4.977
201703 3.708 243.801 5.079
201706 3.680 244.955 5.017
201709 3.552 246.819 4.806
201712 3.615 246.524 4.897
201803 3.792 249.554 5.074
201806 4.034 251.989 5.346
201809 3.400 252.439 4.498
201812 3.705 251.233 4.925
201903 3.422 254.202 4.496
201906 2.832 256.143 3.692
201909 2.852 256.759 3.709
201912 2.518 256.974 3.272
202003 2.387 258.115 3.088
202006 2.445 257.797 3.167
202009 2.398 260.280 3.077
202012 5.276 260.474 6.764
202103 6.424 264.877 8.099
202106 8.192 271.696 10.069
202109 8.776 274.310 10.684
202112 12.061 278.802 14.447
202203 15.673 287.504 18.205
202206 18.892 296.311 21.292
202209 21.915 296.808 24.658
202212 23.586 296.797 26.539
202303 21.056 301.836 23.296
202306 24.384 305.109 26.689
202309 27.669 307.789 30.021
202312 49.813 306.746 54.231
202403 54.484 312.332 58.255
202406 58.282 314.175 61.951
202409 64.108 315.301 67.900
202412 86.130 315.605 91.137
202503 80.285 319.799 83.838
202506 88.290 322.561 91.408
202509 101.735 324.800 104.602
202512 108.384 324.054 111.695
202603 126.935 330.213 128.372
202606 138.804 333.952 138.804

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.

Is Gubre Fabrikalari TAS (IST:GUBRF) Overvalued in 2026?

Based on GuruFocus' analysis, Gubre Fabrikalari TAS stock appears to be overvalued. The current stock price of ₺443.50 is trading 27.5% above its estimated GF Value™ of ₺347.85. GuruFocus considers Gubre Fabrikalari TAS to be Modestly Overvalued.

Key valuation signals for IST:GUBRF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₺347.85 vs. price of ₺443.50 (27.5% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Gubre Fabrikalari TAS Business Description

Address Merdivenkoy Mahallesi, Bora Sokak. No. 1, Kat: 12-30-31, Nida Kule Goztepe Ism. No.1 K.12 (Bolum: 42, 45), Kadikoy, Istanbul, TUR, 34732
Gubre Fabrikalari TAS is involved in manufacturing and selling fertilizer and crop-protection products to the agriculture industry. The company produces solid, liquid, and powder fertilizers. The firm also operates a port service in Turkey's shipping industry.
64GF Score

Get the complete analysis for IST:GUBRF

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

₺443.50
Price
₺347.85
GF Value