Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Cyclically Adjusted PB Ratio: 12.44 (As of Aug. 21, 2026)— 32% Below Median
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IST:LINK's Cyclically Adjusted PB Ratio is ranked worse than 93.68% of 1535
companies
in the Software industry
Industry Median: 2.31
vs IST:LINK: 12.55
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.
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) 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.
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Annual Data
* 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.
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Software Industry
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 12.44 mean?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) has a Cyclically Adjusted PB Ratio of 12.44 as of Aug. 21, 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. This is 32% below median its historical median of 18.33. Over the past decade, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 10.30 to 136.38. According to the industry distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #1438 out of 1535 companies in the Software industry, placing it in the top 93.7%.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 12.44 is 32% below median its 10-year median of 18.33. Over the past 10 years, this metric has ranged from a low of 10.30 to a high of 136.38. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's value of 12.44 is 438.5% above this industry median. Based on the distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #1438 out of 1535 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS ranks #1438 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's value of 12.44 is 438.5% above this benchmark. Historically, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 10.30 to 136.38 over the past decade. While the company's 10-year median is 18.33 vs. the industry median of 2.31, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,535 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. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 12.44 is 438.5% 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 12.44, which is 32% below median its own 10-year median of 18.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺22.67, compared to a current price of ₺5.60 — trading 75.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.44, which is 32% below median its 10-year median of 18.33 and 438.5% above the Software industry median of 2.31. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's overall GF Score™ is 80/100 with 6 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK), the current Cyclically Adjusted PB Ratio is 12.44 as of Aug. 21, 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Overvalued in 2026?
Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺5.60 is trading 75.3% below its estimated GF Value™ of ₺22.67.
GuruFocus considers Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS to be Significantly Undervalued.
Key valuation signals for IST:LINK:
Cyclically Adjusted PB Ratio: 12.44 (32% below median its 10-year median of 18.33)
GF Value™: ₺22.67 vs. price of ₺5.60 (75.3% below fair value)
Industry Position: 438.5% above the Software median (#1438 of 1535)
No single metric tells the full story. See the IST:LINK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS is a software development company. It develops integrated business application software that covers all accounting, production, and commercial operational requirements. Some of its products and solutions include e-Document e-Ledger; Bank Integration; Organized Industry Billing; e-Purchase Invoice Transfer; Mandatory Feed Operations Management and others.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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