Kutahya Porselennayii AS (IST:KUTPO) Cyclically Adjusted PB Ratio: 2.86 (As of Jul. 25, 2026) — 46% Below Median

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IST:KUTPO Kutahya Porselen Sanayii AS IST:KUTPO
49 GF Score
Price ₺85.05
GF Value ₺2.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kutahya Porselennayii AS Cyclically Adjusted PB Ratio?

Kutahya Porselennayii AS IST:KUTPO -0.18% 49 Cyclically Adjusted PB Ratio is 2.86 as of Jul. 25, 2026, which is 46% below its 10-year median of 5.29. GuruFocus rates IST:KUTPO with a GF Score™ of 49/100 and a GF Value™ of ₺2.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Kutahya Porselennayii AS ranks worse than 77.51% on this metric.

As of today (2026-07-25), Kutahya Porselennayii AS's current share price is ₺85.05. Kutahya Porselennayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺29.71. Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio for today is 2.86.

The historical rank and industry rank for Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:KUTPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 5.29   Max: 18.66
Current: 2.84

During the past years, Kutahya Porselennayii AS's highest Cyclically Adjusted PB Ratio was 18.66. The lowest was 1.05. And the median was 5.29.

IST:KUTPO's Cyclically Adjusted PB Ratio is ranked worse than
77.51% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs IST:KUTPO: 2.84

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.

Kutahya Porselennayii AS's adjusted book value per share data for the three months ended in Dec. 2025 was ₺109.427. 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 ₺29.71 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kutahya Porselennayii AS  (IST:KUTPO) 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.


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Related Terms


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kutahya Porselennayii 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.

Kutahya Porselennayii AS Cyclically Adjusted PB Ratio Chart

Kutahya Porselennayii 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 15.98 6.68 4.43 3.92 3.52

Kutahya Porselennayii AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 3.92 3.52 3.23 4.57 3.52

IST:KUTPO vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Kutahya Porselennayii 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.


Kutahya Porselennayii AS Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio falls into.


IST:KUTPO
49GF Score
Kutahya Porselen Sanayii AS IST:KUTPO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kutahya Porselennayii 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.

Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.05/29.71
=2.86

* 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.

Kutahya Porselennayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Kutahya Porselennayii 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)
=109.427/324.0540*324.0540
=109.427

Current CPI (Dec. 2025) = 324.0540.

Kutahya Porselennayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201603 5.681 238.132 7.731
201606 6.180 241.018 8.309
201609 6.401 241.428 8.592
201612 6.373 241.432 8.554
201703 6.264 243.801 8.326
201706 6.561 244.955 8.680
201709 6.965 246.819 9.144
201712 7.046 246.524 9.262
201803 7.249 249.554 9.413
201806 7.482 251.989 9.622
201809 7.731 252.439 9.924
201812 7.721 251.233 9.959
201903 7.850 254.202 10.007
201906 8.182 256.143 10.351
201909 8.215 256.759 10.368
201912 8.666 256.974 10.928
202003 8.614 258.115 10.815
202006 8.882 257.797 11.165
202009 9.034 260.280 11.248
202012 9.436 260.474 11.739
202103 9.538 264.877 11.669
202106 9.643 271.696 11.501
202109 9.702 274.310 11.461
202112 10.123 278.802 11.766
202203 11.098 287.504 12.509
202206 12.290 296.311 13.441
202209 13.561 296.808 14.806
202212 50.469 296.797 55.104
202303 14.930 301.836 16.029
202306 15.919 305.109 16.907
202309 17.463 307.789 18.386
202312 73.861 306.746 78.029
202403 60.377 312.332 62.643
202406 65.299 314.175 67.352
202409 73.176 315.301 75.207
202412 104.117 315.605 106.904
202503 92.717 319.799 93.951
202506 98.898 322.561 99.356
202509 108.059 324.800 107.811
202512 109.427 324.054 109.427

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 2.86 mean?
Kutahya Porselennayii AS (IST:KUTPO) has a Cyclically Adjusted PB Ratio of 2.86 as of Jul. 25, 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 Kutahya Porselennayii AS and its competitors. This is 46% below median its historical median of 5.29. Over the past decade, Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio has ranged from 1.05 to 18.66. According to the industry distribution chart, Kutahya Porselennayii AS ranks #262 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 77.5%.
Is Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio too high?
Kutahya Porselennayii AS's current Cyclically Adjusted PB Ratio of 2.86 is 46% below median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 18.66. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Kutahya Porselennayii AS's value of 2.86 is 139.3% above this industry median. Based on the distribution chart, Kutahya Porselennayii AS ranks #262 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Kutahya Porselennayii AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kutahya Porselennayii AS's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kutahya Porselennayii AS ranks #262 out of 338 companies for Cyclically Adjusted PB Ratio. This places Kutahya Porselennayii AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Kutahya Porselennayii AS's value of 2.86 is 139.3% above this benchmark. Historically, Kutahya Porselennayii AS's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 18.66 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 1.20, Kutahya Porselennayii 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 338 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. Kutahya Porselennayii AS's current Cyclically Adjusted PB Ratio of 2.86 is 139.3% 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 Kutahya Porselennayii AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kutahya Porselennayii AS's current Cyclically Adjusted PB Ratio is 2.86, which is 46% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kutahya Porselennayii AS stock overvalued right now?
Based on GuruFocus' analysis, Kutahya Porselennayii AS (IST:KUTPO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.25, compared to a current price of ₺85.05 — trading 3680% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.86, which is 46% below median its 10-year median of 5.29 and 139.3% above the Furnishings, Fixtures & Appliances industry median of 1.20. Kutahya Porselennayii AS's overall GF Score™ is 49/100 with 5 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 Kutahya Porselennayii AS (IST:KUTPO), the current Cyclically Adjusted PB Ratio is 2.86 as of Jul. 25, 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 Kutahya Porselennayii AS (IST:KUTPO) Overvalued in 2026?

Based on GuruFocus' analysis, Kutahya Porselennayii AS stock appears to be overvalued. The current stock price of ₺85.05 is trading 3680% above its estimated GF Value™ of ₺2.25. GuruFocus considers Kutahya Porselennayii AS to be Significantly Overvalued.

Key valuation signals for IST:KUTPO:

  • Cyclically Adjusted PB Ratio: 2.86 (46% below median its 10-year median of 5.29)
  • GF Value™: ₺2.25 vs. price of ₺85.05 (3680% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 139.3% above the Furnishings, Fixtures & Appliances median (#262 of 338)

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


Kutahya Porselennayii AS Business Description

Address Eskisehir Yolu 8 Km, Kutahya, TUR, 43001
Kutahya Porselen Sanayii AS is engaged in manufacturing porcelain tableware, decorative items and floor and wall tiles. Its products also include cardboard boxes, microwaveable cardboard boxes, adhesive paper and other packaging materials.
49GF Score

Get the complete analysis for IST:KUTPO

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

₺85.05
Price
₺2.25
GF Value