Kristal Kola Ve Mesrubatnayii Ticaret AS (IST:KRSTL) Cyclically Adjusted PB Ratio: 3.03 (As of Aug. 14, 2026) — 15% Below Median

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IST:KRSTL Kristal Kola Ve Mesrubat Sanayii Ticaret AS IST:KRSTL
70 GF Score
Price ₺9.42
GF Value ₺11.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kristal Kola Ve Mesrubatnayii Ticaret AS Cyclically Adjusted PB Ratio?

Kristal Kola Ve Mesrubatnayii Ticaret AS IST:KRSTL -2.59% 70 Cyclically Adjusted PB Ratio is 3.03 as of Aug. 14, 2026, which is 15% below its 10-year median of 3.56. GuruFocus rates IST:KRSTL with a GF Score™ of 70/100 and a GF Value™ of ₺11.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Kristal Kola Ve Mesrubatnayii Ticaret AS ranks worse than 68.24% on this metric.

As of today (2026-08-14), Kristal Kola Ve Mesrubatnayii Ticaret AS's current share price is ₺9.42. Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺3.11. Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio for today is 3.03.

The historical rank and industry rank for Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:KRSTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 3.56   Max: 10.77
Current: 3.3

During the past years, Kristal Kola Ve Mesrubatnayii Ticaret AS's highest Cyclically Adjusted PB Ratio was 10.77. The lowest was 0.82. And the median was 3.56.

IST:KRSTL's Cyclically Adjusted PB Ratio is ranked worse than
68.24% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.17 vs IST:KRSTL: 3.30

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.

Kristal Kola Ve Mesrubatnayii Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺10.389. 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 ₺3.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kristal Kola Ve Mesrubatnayii Ticaret AS  (IST:KRSTL) 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.


Kristal Kola Ve Mesrubatnayii Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Kristal Kola Ve Mesrubatnayii Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kristal Kola Ve Mesrubatnayii 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.

Kristal Kola Ve Mesrubatnayii Ticaret AS Cyclically Adjusted PB Ratio Chart

Kristal Kola Ve Mesrubatnayii 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 2.09 6.86 7.11 2.77 3.31

Kristal Kola Ve Mesrubatnayii 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 2.75 2.86 3.78 3.31 2.60

IST:KRSTL vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Kristal Kola Ve Mesrubatnayii 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.


Kristal Kola Ve Mesrubatnayii Ticaret AS Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:KRSTL
70GF Score
Kristal Kola Ve Mesrubat Sanayii Ticaret AS IST:KRSTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kristal Kola Ve Mesrubatnayii 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.

Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.42/3.11
=3.03

* 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.

Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kristal Kola Ve Mesrubatnayii 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)
=10.389/330.2130*330.2130
=10.389

Current CPI (Mar. 2026) = 330.2130.

Kristal Kola Ve Mesrubatnayii Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.115 241.018 1.528
201609 1.085 241.428 1.484
201612 1.129 241.432 1.544
201703 1.131 243.801 1.532
201706 1.169 244.955 1.576
201709 1.172 246.819 1.568
201712 1.295 246.524 1.735
201803 1.297 249.554 1.716
201806 1.237 251.989 1.621
201809 1.242 252.439 1.625
201812 1.187 251.233 1.560
201903 0.988 254.202 1.283
201906 0.977 256.143 1.260
201909 0.986 256.759 1.268
201912 0.989 256.974 1.271
202003 1.002 258.115 1.282
202006 1.010 257.797 1.294
202009 1.023 260.280 1.298
202012 1.131 260.474 1.434
202103 1.139 264.877 1.420
202106 1.148 271.696 1.395
202109 1.242 274.310 1.495
202112 1.284 278.802 1.521
202203 1.300 287.504 1.493
202206 1.316 296.311 1.467
202209 1.404 296.808 1.562
202212 3.967 296.797 4.414
202303 2.140 301.836 2.341
202306 2.227 305.109 2.410
202309 2.291 307.789 2.458
202312 5.543 306.746 5.967
202403 4.435 312.332 4.689
202406 4.986 314.175 5.241
202409 5.596 315.301 5.861
202412 8.195 315.605 8.574
202503 7.070 319.799 7.300
202506 7.851 322.561 8.037
202509 9.041 324.800 9.192
202512 9.068 324.054 9.240
202603 10.389 330.213 10.389

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 3.03 mean?
Kristal Kola Ve Mesrubatnayii Ticaret AS (IST:KRSTL) has a Cyclically Adjusted PB Ratio of 3.03 as of Aug. 14, 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 Kristal Kola Ve Mesrubatnayii Ticaret AS and its competitors. This is 15% below median its historical median of 3.56. Over the past decade, Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.82 to 10.77. According to the industry distribution chart, Kristal Kola Ve Mesrubatnayii Ticaret AS ranks #58 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 68.2%.
Is Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio too high?
Kristal Kola Ve Mesrubatnayii Ticaret AS's current Cyclically Adjusted PB Ratio of 3.03 is 15% below median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 10.77. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.17. Kristal Kola Ve Mesrubatnayii Ticaret AS's value of 3.03 is 39.6% above this industry median. Based on the distribution chart, Kristal Kola Ve Mesrubatnayii Ticaret AS ranks #58 out of 85 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Kristal Kola Ve Mesrubatnayii Ticaret AS has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kristal Kola Ve Mesrubatnayii Ticaret AS's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Kristal Kola Ve Mesrubatnayii Ticaret AS ranks #58 out of 85 companies for Cyclically Adjusted PB Ratio. This places Kristal Kola Ve Mesrubatnayii Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Kristal Kola Ve Mesrubatnayii Ticaret AS's value of 3.03 is 39.6% above this benchmark. Historically, Kristal Kola Ve Mesrubatnayii Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 10.77 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 2.17, Kristal Kola Ve Mesrubatnayii 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.17, based on 85 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. Kristal Kola Ve Mesrubatnayii Ticaret AS's current Cyclically Adjusted PB Ratio of 3.03 is 39.6% 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 Kristal Kola Ve Mesrubatnayii Ticaret AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kristal Kola Ve Mesrubatnayii Ticaret AS's current Cyclically Adjusted PB Ratio is 3.03, which is 15% below median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kristal Kola Ve Mesrubatnayii Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kristal Kola Ve Mesrubatnayii Ticaret AS (IST:KRSTL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺11.52, compared to a current price of ₺9.42 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.03, which is 15% below median its 10-year median of 3.56 and 39.6% above the Beverages - Non-Alcoholic industry median of 2.17. Kristal Kola Ve Mesrubatnayii Ticaret AS's overall GF Score™ is 70/100 with 3 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 Kristal Kola Ve Mesrubatnayii Ticaret AS (IST:KRSTL), the current Cyclically Adjusted PB Ratio is 3.03 as of Aug. 14, 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 Kristal Kola Ve Mesrubatnayii Ticaret AS (IST:KRSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Kristal Kola Ve Mesrubatnayii Ticaret AS stock appears to be undervalued. The current stock price of ₺9.42 is trading 18.2% below its estimated GF Value™ of ₺11.52. GuruFocus considers Kristal Kola Ve Mesrubatnayii Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:KRSTL:

  • Cyclically Adjusted PB Ratio: 3.03 (15% below median its 10-year median of 3.56)
  • GF Value™: ₺11.52 vs. price of ₺9.42 (18.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 39.6% above the Beverages - Non-Alcoholic median (#58 of 85)

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


Kristal Kola Ve Mesrubatnayii Ticaret AS Business Description

Address Bahcelievler Mah. Fevzi Cakmak 2 Cad, Guzelsehir Sitesi No 1 AJ, Buyukcekmece, Istanbul, TUR
Kristal Kola Ve Mesrubat Sanayii Ticaret AS is engaged in manufacturing beverages in Turkey. Its activities include manufacturing, bottling and marketing of non-alcoholic beverages, including carbonated soft drinks, mineral and spring water, iced tea and fruit juices.
70GF Score

Get the complete analysis for IST:KRSTL

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

₺9.42
Price
₺11.52
GF Value