Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Cyclically Adjusted PB Ratio: 10.04 (As of Jul. 07, 2026) — 31% Below Median


IST:LOGO Logo Yazilim Sanayi ve Ticaret AS IST:LOGO
87 GF Score
Price ₺136.40
GF Value ₺165.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Logo Yazilimnayi ve Ticaret AS IST:LOGO -1.52% 87 Cyclically Adjusted PB Ratio is 10.04 as of Jul. 07, 2026, which is 31% below its 10-year median of 14.55. GuruFocus rates IST:LOGO with a GF Score™ of 87/100 and a GF Value™ of ₺165.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,595 Software companies, Logo Yazilimnayi ve Ticaret AS ranks worse than 90.22% on this metric.

As of today (2026-07-07), Logo Yazilimnayi ve Ticaret AS's current share price is ₺136.40. Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺13.59. Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 10.04.

The historical rank and industry rank for Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:LOGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.08   Med: 14.55   Max: 22.07
Current: 10.19

During the past years, Logo Yazilimnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 22.07. The lowest was 8.08. And the median was 14.55.

IST:LOGO's Cyclically Adjusted PB Ratio is ranked worse than
90.22% of 1595 companies
in the Software industry
Industry Median: 2.32 vs IST:LOGO: 10.19

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.

Logo Yazilimnayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺43.182. 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 ₺13.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logo Yazilimnayi ve Ticaret AS  (IST:LOGO) 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.


Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Logo Yazilimnayi ve 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.

Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Logo Yazilimnayi ve 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 16.10 17.40 12.56 12.41 12.22

Logo Yazilimnayi ve 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 12.71 15.23 15.19 12.22 9.70

IST:LOGO vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Logo Yazilimnayi 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.


Logo Yazilimnayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:LOGO
87GF Score
Logo Yazilim Sanayi ve Ticaret AS IST:LOGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Logo Yazilimnayi 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.

Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=136.40/13.59
=10.04

* 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.

Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Logo Yazilimnayi ve 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)
=43.182/330.2130*330.2130
=43.182

Current CPI (Mar. 2026) = 330.2130.

Logo Yazilimnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.429 241.018 1.958
201609 1.580 241.428 2.161
201612 1.654 241.432 2.262
201703 1.704 243.801 2.308
201706 1.849 244.955 2.493
201709 2.018 246.819 2.700
201712 2.145 246.524 2.873
201803 2.385 249.554 3.156
201806 2.624 251.989 3.439
201809 3.022 252.439 3.953
201812 3.048 251.233 4.006
201903 3.169 254.202 4.117
201906 3.437 256.143 4.431
201909 3.573 256.759 4.595
201912 3.823 256.974 4.913
202003 4.017 258.115 5.139
202006 4.394 257.797 5.628
202009 4.975 260.280 6.312
202012 5.204 260.474 6.597
202103 5.884 264.877 7.335
202106 6.382 271.696 7.757
202109 6.765 274.310 8.144
202112 7.866 278.802 9.316
202203 8.847 287.504 10.161
202206 9.291 296.311 10.354
202209 10.383 296.808 11.552
202212 23.485 296.797 26.129
202303 11.863 301.836 12.978
202306 13.779 305.109 14.913
202309 14.863 307.789 15.946
202312 31.565 306.746 33.980
202403 23.168 312.332 24.494
202406 23.440 314.175 24.637
202409 26.683 315.301 27.945
202412 36.228 315.605 37.905
202503 31.871 319.799 32.909
202506 32.297 322.561 33.063
202509 37.130 324.800 37.749
202512 39.324 324.054 40.071
202603 43.182 330.213 43.182

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 10.04 mean?
Logo Yazilimnayi ve Ticaret AS (IST:LOGO) has a Cyclically Adjusted PB Ratio of 10.04 as of Jul. 07, 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 Logo Yazilimnayi ve Ticaret AS and its competitors. This is 31% below median its historical median of 14.55. Over the past decade, Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 8.08 to 22.07. According to the industry distribution chart, Logo Yazilimnayi ve Ticaret AS ranks #1439 out of 1595 companies in the Software industry, placing it in the top 90.2%.
Is Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Logo Yazilimnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 10.04 is 31% below median its 10-year median of 14.55. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 22.07. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Logo Yazilimnayi ve Ticaret AS's value of 10.04 is 332.8% above this industry median. Based on the distribution chart, Logo Yazilimnayi ve Ticaret AS ranks #1439 out of 1595 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Logo Yazilimnayi ve Ticaret AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Logo Yazilimnayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Logo Yazilimnayi ve Ticaret AS ranks #1439 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Logo Yazilimnayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Logo Yazilimnayi ve Ticaret AS's value of 10.04 is 332.8% above this benchmark. Historically, Logo Yazilimnayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 8.08 to 22.07 over the past decade. While the company's 10-year median is 14.55 vs. the industry median of 2.32, Logo Yazilimnayi 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 2.32, based on 1,595 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. Logo Yazilimnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 10.04 is 332.8% 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 Logo Yazilimnayi ve Ticaret AS and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logo Yazilimnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 10.04, which is 31% below median its own 10-year median of 14.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logo Yazilimnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Logo Yazilimnayi ve Ticaret AS (IST:LOGO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺165.68, compared to a current price of ₺136.40 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.04, which is 31% below median its 10-year median of 14.55 and 332.8% above the Software industry median of 2.32. Logo Yazilimnayi ve Ticaret AS's overall GF Score™ is 87/100 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 Logo Yazilimnayi ve Ticaret AS (IST:LOGO), the current Cyclically Adjusted PB Ratio is 10.04 as of Jul. 07, 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 Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Overvalued in 2026?

Based on GuruFocus' analysis, Logo Yazilimnayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺136.40 is trading 17.7% below its estimated GF Value™ of ₺165.68. GuruFocus considers Logo Yazilimnayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:LOGO:

  • Cyclically Adjusted PB Ratio: 10.04 (31% below median its 10-year median of 14.55)
  • GF Value™: ₺165.68 vs. price of ₺136.40 (17.7% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 332.8% above the Software median (#1439 of 1595)

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


Logo Yazilimnayi ve Ticaret AS Business Description

Address Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400
Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.
87GF Score

Get the complete analysis for IST:LOGO

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

₺136.40
Price
₺165.68
GF Value