Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) Cyclically Adjusted PB Ratio: 0.13 (As of Jul. 22, 2026) — 30% Above Median

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IST:HATEK Hateks Hatay Tekstil Isletmeleri AS IST:HATEK
40 GF Score
Price ₺14.80
GF Value ₺13.12
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio?

Hateks Hatay Tekstil Isletmeleri AS IST:HATEK -1.60% 40 Cyclically Adjusted PB Ratio is 0.13 as of Jul. 22, 2026, which is 30% above its 10-year median of 0.10. GuruFocus rates IST:HATEK with a GF Score™ of 40/100 and a GF Value™ of ₺13.12 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 882 Manufacturing - Apparel & Accessories companies, Hateks Hatay Tekstil Isletmeleri AS ranks better than 96.26% on this metric.

As of today (2026-07-22), Hateks Hatay Tekstil Isletmeleri AS's current share price is ₺14.80. Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺116.19. Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio for today is 0.13.

The historical rank and industry rank for Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:HATEK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.1   Max: 0.28
Current: 0.13

During the past years, Hateks Hatay Tekstil Isletmeleri AS's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.03. And the median was 0.10.

IST:HATEK's Cyclically Adjusted PB Ratio is ranked better than
96.26% of 882 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.005 vs IST:HATEK: 0.13

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.

Hateks Hatay Tekstil Isletmeleri AS's adjusted book value per share data for the three months ended in Dec. 2025 was ₺24.836. 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 ₺116.19 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hateks Hatay Tekstil Isletmeleri AS  (IST:HATEK) 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.


Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio Related Terms


Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hateks Hatay Tekstil Isletmeleri 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.

Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio Chart

Hateks Hatay Tekstil Isletmeleri 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 0.06 0.12 0.10 0.11 0.12

Hateks Hatay Tekstil Isletmeleri AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.11 0.11 0.22 0.14 0.12

Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Hateks Hatay Tekstil Isletmeleri 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.


Hateks Hatay Tekstil Isletmeleri AS Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio falls into.


IST:HATEK
40GF Score
Hateks Hatay Tekstil Isletmeleri AS IST:HATEK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hateks Hatay Tekstil Isletmeleri 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.

Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.80/116.19
=0.13

* 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.

Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Hateks Hatay Tekstil Isletmeleri AS's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=24.836/324.0540*324.0540
=24.836

Current CPI (Dec. 2025) = 324.0540.

Hateks Hatay Tekstil Isletmeleri AS Quarterly Data

Book Value per Share CPI Adj_Book
201512 1.222 236.525 1.674
201603 1.221 238.132 1.662
201606 1.217 241.018 1.636
201609 1.198 241.428 1.608
201612 3.497 241.432 4.694
201703 3.475 243.801 4.619
201706 3.438 244.955 4.548
201709 3.391 246.819 4.452
201712 3,241.714 246.524 4,261.209
201803 3.210 249.554 4.168
201806 3.353 251.989 4.312
201809 3.369 252.439 4.325
201812 3.466 251.233 4.471
201903 3.448 254.202 4.395
201906 3.211 256.143 4.062
201909 3.228 256.759 4.074
201912 4.952 256.974 6.245
202003 4.908 258.115 6.162
202006 4.868 257.797 6.119
202009 4.901 260.280 6.102
202012 5.108 260.474 6.355
202103 5.093 264.877 6.231
202106 5.093 271.696 6.074
202109 5.018 274.310 5.928
202112 6.432 278.802 7.476
202203 6.699 287.504 7.551
202206 7.026 296.311 7.684
202209 7.092 296.808 7.743
202212 17.337 296.797 18.929
202303 9.610 301.836 10.317
202306 9.978 305.109 10.598
202309 9.721 307.789 10.235
202312 26.243 306.746 27.724
202403 19.659 312.332 20.397
202406 22.033 314.175 22.726
202409 23.670 315.301 24.327
202412 30.287 315.605 31.098
202506 22.458 322.561 22.562
202509 28.356 324.800 28.291
202512 24.836 324.054 24.836

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 0.13 mean?
Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) has a Cyclically Adjusted PB Ratio of 0.13 as of Jul. 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 Hateks Hatay Tekstil Isletmeleri AS and its competitors. This is 30% above median its historical median of 0.10. Over the past decade, Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.28. According to the industry distribution chart, Hateks Hatay Tekstil Isletmeleri AS ranks #33 out of 882 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.7%.
Is Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio too high?
Hateks Hatay Tekstil Isletmeleri AS's current Cyclically Adjusted PB Ratio of 0.13 is 30% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.28. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.01. Hateks Hatay Tekstil Isletmeleri AS's value of 0.13 is 87.1% below this industry median. Based on the distribution chart, Hateks Hatay Tekstil Isletmeleri AS ranks #33 out of 882 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Hateks Hatay Tekstil Isletmeleri AS has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hateks Hatay Tekstil Isletmeleri AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hateks Hatay Tekstil Isletmeleri AS ranks #33 out of 882 companies for Cyclically Adjusted PB Ratio. This places Hateks Hatay Tekstil Isletmeleri AS in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.01. Hateks Hatay Tekstil Isletmeleri AS's value of 0.13 is 87.1% below this benchmark. Historically, Hateks Hatay Tekstil Isletmeleri AS's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.28 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.01, Hateks Hatay Tekstil Isletmeleri AS has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.01, based on 882 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. Hateks Hatay Tekstil Isletmeleri AS's current Cyclically Adjusted PB Ratio of 0.13 is 87.1% below 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 Hateks Hatay Tekstil Isletmeleri AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hateks Hatay Tekstil Isletmeleri AS's current Cyclically Adjusted PB Ratio is 0.13, which is 30% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hateks Hatay Tekstil Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺13.12, compared to a current price of ₺14.80 — trading 12.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 30% above median its 10-year median of 0.10 and 87.1% below the Manufacturing - Apparel & Accessories industry median of 1.01. Hateks Hatay Tekstil Isletmeleri AS's overall GF Score™ is 40/100 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 Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK), the current Cyclically Adjusted PB Ratio is 0.13 as of Jul. 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 Hateks Hatay Tekstil Isletmeleri AS (IST:HATEK) Overvalued in 2026?

Based on GuruFocus' analysis, Hateks Hatay Tekstil Isletmeleri AS stock appears to be overvalued. The current stock price of ₺14.80 is trading 12.8% above its estimated GF Value™ of ₺13.12. GuruFocus considers Hateks Hatay Tekstil Isletmeleri AS to be Modestly Overvalued.

Key valuation signals for IST:HATEK:

  • Cyclically Adjusted PB Ratio: 0.13 (30% above median its 10-year median of 0.10)
  • GF Value™: ₺13.12 vs. price of ₺14.80 (12.8% above fair value)
  • GF Score™: 40/100 with 11 warning signs
  • Industry Position: 87.1% below the Manufacturing - Apparel & Accessories median (#33 of 882)

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


Hateks Hatay Tekstil Isletmeleri AS Business Description

Address Otencay Mahallesi E-5 Karayolu Caddesi, Dis Kapi No. 59, Hatay, TUR
Hateks Hatay Tekstil Isletmeleri AS is a major manufacturing company engaged in the export of textile products produced in its fully integrated factory. The company offers towels, bathrobes, and bathmats, as well as special terry products. In addition, it offers cotton, dyed, and melange yarns; cotton gazed mercerized raw and dyed yarns.
40GF Score

Get the complete analysis for IST:HATEK

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

₺14.80
Price
₺13.12
GF Value