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Kartonsan Kartonnayi ve Ticaret ASIST:KARTN +9.97%41 Cyclically Adjusted PB Ratio is 11.31 as of Jul. 15, 2026, which is 31% above its 10-year median of 8.63. GuruFocus rates IST:KARTN with a GF Score™ of 41/100 and a GF Value™ of ₺68.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 315 Packaging & Containers companies, Kartonsan Kartonnayi ve Ticaret AS ranks worse than 98.41% on this metric.
The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
IST:KARTN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.74 Med: 8.63 Max: 26.33
Current: 10.03
During the past years, Kartonsan Kartonnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 26.33. The lowest was 2.74. And the median was 8.63.
IST:KARTN's Cyclically Adjusted PB Ratio is ranked worse than 98.41% of 315
companies
in the Packaging & Containers industry
Industry Median: 1.18
vs IST:KARTN: 10.03
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.
Kartonsan Kartonnayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺33.749. 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 ₺17.94 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) 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.
Kartonsan Kartonnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms
Kartonsan Kartonnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data
* 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.
Kartonsan Kartonnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart
IST:KARTN vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison
For the Packaging & Containers subindustry, Kartonsan Kartonnayi 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.
Kartonsan Kartonnayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.
Kartonsan Kartonnayi 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.
* 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.
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 11.31 mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Cyclically Adjusted PB Ratio of 11.31 as of Jul. 15, 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 Kartonsan Kartonnayi ve Ticaret AS and its competitors. This is 31% above median its historical median of 8.63. Over the past decade, Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 2.74 to 26.33. According to the industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #310 out of 315 companies in the Packaging & Containers industry, placing it in the top 98.4%.
Is Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Kartonsan Kartonnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 11.31 is 31% above median its 10-year median of 8.63. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 26.33. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.18. Kartonsan Kartonnayi ve Ticaret AS's value of 11.31 is 858.5% above this industry median. Based on the distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #310 out of 315 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #310 out of 315 companies for Cyclically Adjusted PB Ratio. This places Kartonsan Kartonnayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Kartonsan Kartonnayi ve Ticaret AS's value of 11.31 is 858.5% above this benchmark. Historically, Kartonsan Kartonnayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 2.74 to 26.33 over the past decade. While the company's 10-year median is 8.63 vs. the industry median of 1.18, Kartonsan Kartonnayi 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.18, based on 315 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. Kartonsan Kartonnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 11.31 is 858.5% 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 Kartonsan Kartonnayi ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kartonsan Kartonnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 11.31, which is 31% above median its own 10-year median of 8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kartonsan Kartonnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺68.15, compared to a current price of ₺202.90 — trading 197.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.31, which is 31% above median its 10-year median of 8.63 and 858.5% above the Packaging & Containers industry median of 1.18. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 41/100 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 Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Cyclically Adjusted PB Ratio is 11.31 as of Jul. 15, 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 Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Overvalued in 2026?
Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺202.90 is trading 197.7% above its estimated GF Value™ of ₺68.15.
GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:KARTN:
Cyclically Adjusted PB Ratio: 11.31 (31% above median its 10-year median of 8.63)
GF Value™: ₺68.15 vs. price of ₺202.90 (197.7% above fair value)
Industry Position: 858.5% above the Packaging & Containers median (#310 of 315)
No single metric tells the full story. See the IST:KARTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kartonsan Kartonnayi ve Ticaret AS Business Description
Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.
41GF Score
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