Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Cyclically Adjusted PB Ratio: 30.38 (As of Sep. 15, 2026) — 76% Above Median

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IST:KSTUR Kustur Kusadasi Turizm Endustrisi AS IST:KSTUR
74 GF Score
Price ₺2,209.00
GF Value ₺2,898.11
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Kustur Kusadasi Turizm Endustrisi AS Cyclically Adjusted PB Ratio?

Kustur Kusadasi Turizm Endustrisi AS IST:KSTUR -1.82% 74 Cyclically Adjusted PB Ratio is 30.38 as of Sep. 15, 2026, which is 76% above its 10-year median of 17.27. GuruFocus rates IST:KSTUR with a GF Score™ of 74/100 and a GF Value™ of ₺2,898.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 602 Travel & Leisure companies, Kustur Kusadasi Turizm Endustrisi AS ranks worse than 98.84% on this metric.

As of today (2026-09-15), Kustur Kusadasi Turizm Endustrisi AS's current share price is ₺2209.00. Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₺72.72. Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio for today is 30.38.

The historical rank and industry rank for Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:KSTUR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 17.27   Max: 287.79
Current: 30.94

During the past 13 years, Kustur Kusadasi Turizm Endustrisi AS's highest Cyclically Adjusted PB Ratio was 287.79. The lowest was 0.68. And the median was 17.27.

IST:KSTUR's Cyclically Adjusted PB Ratio is ranked worse than
98.84% of 602 companies
in the Travel & Leisure industry
Industry Median: 1.13 vs IST:KSTUR: 30.94

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.

Kustur Kusadasi Turizm Endustrisi AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₺200.056. 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 ₺72.72 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kustur Kusadasi Turizm Endustrisi AS  (IST:KSTUR) 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.


Kustur Kusadasi Turizm Endustrisi AS Cyclically Adjusted PB Ratio Related Terms


Kustur Kusadasi Turizm Endustrisi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kustur Kusadasi Turizm Endustrisi 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.

Kustur Kusadasi Turizm Endustrisi AS Cyclically Adjusted PB Ratio Chart

Kustur Kusadasi Turizm Endustrisi 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 1.23 0.68 57.61 53.38 40.36

Kustur Kusadasi Turizm Endustrisi AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24 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 0.68 0.00 57.61 53.38 40.36

IST:KSTUR vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Kustur Kusadasi Turizm Endustrisi 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.


Kustur Kusadasi Turizm Endustrisi AS Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio falls into.


IST:KSTUR
74GF Score
Kustur Kusadasi Turizm Endustrisi AS IST:KSTUR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kustur Kusadasi Turizm Endustrisi 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.

Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2209.00/72.72
=30.38

* 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.

Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Kustur Kusadasi Turizm Endustrisi AS's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=200.056/324.0540*324.0540
=200.056

Current CPI (Dec25) = 324.0540.

Kustur Kusadasi Turizm Endustrisi AS Annual Data

Book Value per Share CPI Adj_Book
201612 7.784 241.432 10.448
201712 8.395 246.524 11.035
201812 11.540 251.233 14.885
201912 11.616 256.974 14.648
202012 11.166 260.474 13.892
202112 15.078 278.802 17.525
202212 78.509 296.797 85.719
202312 146.646 306.746 154.920
202412 198.775 315.605 204.096
202512 200.056 324.054 200.056

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 30.38 mean?
Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) has a Cyclically Adjusted PB Ratio of 30.38 as of Sep. 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 Kustur Kusadasi Turizm Endustrisi AS and its competitors. This is 76% above median its historical median of 17.27. Over the past decade, Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio has ranged from 0.68 to 287.79. According to the industry distribution chart, Kustur Kusadasi Turizm Endustrisi AS ranks #595 out of 602 companies in the Travel & Leisure industry, placing it in the top 98.8%.
Is Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio too high?
Kustur Kusadasi Turizm Endustrisi AS's current Cyclically Adjusted PB Ratio of 30.38 is 76% above median its 10-year median of 17.27. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 287.79. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.13. Kustur Kusadasi Turizm Endustrisi AS's value of 30.38 is 2588.5% above this industry median. Based on the distribution chart, Kustur Kusadasi Turizm Endustrisi AS ranks #595 out of 602 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Kustur Kusadasi Turizm Endustrisi AS has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kustur Kusadasi Turizm Endustrisi AS's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Kustur Kusadasi Turizm Endustrisi AS ranks #595 out of 602 companies for Cyclically Adjusted PB Ratio. This places Kustur Kusadasi Turizm Endustrisi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Kustur Kusadasi Turizm Endustrisi AS's value of 30.38 is 2588.5% above this benchmark. Historically, Kustur Kusadasi Turizm Endustrisi AS's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 287.79 over the past decade. While the company's 10-year median is 17.27 vs. the industry median of 1.13, Kustur Kusadasi Turizm Endustrisi 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.13, based on 602 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. Kustur Kusadasi Turizm Endustrisi AS's current Cyclically Adjusted PB Ratio of 30.38 is 2588.5% 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 Kustur Kusadasi Turizm Endustrisi AS and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kustur Kusadasi Turizm Endustrisi AS's current Cyclically Adjusted PB Ratio is 30.38, which is 76% above median its own 10-year median of 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kustur Kusadasi Turizm Endustrisi AS stock overvalued right now?
Based on GuruFocus' analysis, Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2,898.11, compared to a current price of ₺2,209.00 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 30.38, which is 76% above median its 10-year median of 17.27 and 2588.5% above the Travel & Leisure industry median of 1.13. Kustur Kusadasi Turizm Endustrisi AS's overall GF Score™ is 74/100 with 4 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 Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR), the current Cyclically Adjusted PB Ratio is 30.38 as of Sep. 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 Kustur Kusadasi Turizm Endustrisi AS (IST:KSTUR) Overvalued in 2026?

Based on GuruFocus' analysis, Kustur Kusadasi Turizm Endustrisi AS stock appears to be undervalued. The current stock price of ₺2,209.00 is trading 23.8% below its estimated GF Value™ of ₺2,898.11. GuruFocus considers Kustur Kusadasi Turizm Endustrisi AS to be Modestly Undervalued.

Key valuation signals for IST:KSTUR:

  • Cyclically Adjusted PB Ratio: 30.38 (76% above median its 10-year median of 17.27)
  • GF Value™: ₺2,898.11 vs. price of ₺2,209.00 (23.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 2588.5% above the Travel & Leisure median (#595 of 602)

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


Kustur Kusadasi Turizm Endustrisi AS Business Description

Address Bayraklidede Mah Kustur Tatil, Koyu, Kusadasi, Aydin, TUR, 09400
Kustur Kusadasi Turizm Endustrisi AS is a company provides tourists, recreation, entertainment and other needs and services.
74GF Score

Get the complete analysis for IST:KSTUR

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

₺2,209.00
Price
₺2,898.11
GF Value