Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Cyclically Adjusted PB Ratio: 0.68 (As of Aug. 01, 2026) — 60% Below Median

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IST:MNDRS Menderes Tekstil Sanayi ve Ticaret AS IST:MNDRS
54 GF Score
Price ₺10.43
GF Value ₺10.31
Valuation Fairly Valued
! 5 Warning Signs
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What is Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio?

Menderes Tekstilnayi ve Ticaret AS IST:MNDRS +0.10% 54 Cyclically Adjusted PB Ratio is 0.68 as of Aug. 01, 2026, which is 60% below its 10-year median of 1.70. GuruFocus rates IST:MNDRS with a GF Score™ of 54/100 and a GF Value™ of ₺10.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 863 Manufacturing - Apparel & Accessories companies, Menderes Tekstilnayi ve Ticaret AS ranks better than 61.76% on this metric.

As of today (2026-08-01), Menderes Tekstilnayi ve Ticaret AS's current share price is ₺10.43. Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺15.43. Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 0.68.

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

IST:MNDRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.7   Max: 5.65
Current: 0.71

During the past years, Menderes Tekstilnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 5.65. The lowest was 0.53. And the median was 1.70.

IST:MNDRS's Cyclically Adjusted PB Ratio is ranked better than
61.76% of 863 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.97 vs IST:MNDRS: 0.71

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.

Menderes Tekstilnayi ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺58.920. 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 ₺15.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Menderes Tekstilnayi ve Ticaret AS  (IST:MNDRS) 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.


Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Menderes Tekstilnayi 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.

Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Menderes Tekstilnayi 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 1.45 3.48 1.75 1.13 0.97

Menderes Tekstilnayi 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 0.95 1.00 1.32 0.97 0.75

Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Menderes Tekstilnayi 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.


Menderes Tekstilnayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:MNDRS
54GF Score
Menderes Tekstil Sanayi ve Ticaret AS IST:MNDRS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Menderes Tekstilnayi 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.

Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.43/15.43
=0.68

* 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.

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

For example, Menderes Tekstilnayi 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)
=58.92/330.2130*330.2130
=58.920

Current CPI (Mar. 2026) = 330.2130.

Menderes Tekstilnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.248 241.018 1.710
201609 1.321 241.428 1.807
201612 1.109 241.432 1.517
201703 1.125 243.801 1.524
201706 1.175 244.955 1.584
201709 1.313 246.819 1.757
201712 1.188 246.524 1.591
201803 1.244 249.554 1.646
201806 1.117 251.989 1.464
201809 0.710 252.439 0.929
201812 0.839 251.233 1.103
201903 0.956 254.202 1.242
201906 0.867 256.143 1.118
201909 1.095 256.759 1.408
201912 0.785 256.974 1.009
202003 0.496 258.115 0.635
202006 0.344 257.797 0.441
202009 0.069 260.280 0.088
202012 2.818 260.474 3.572
202103 2.555 264.877 3.185
202106 2.939 271.696 3.572
202109 3.157 274.310 3.800
202112 4.032 278.802 4.775
202203 4.518 287.504 5.189
202206 5.190 296.311 5.784
202209 6.354 296.808 7.069
202212 25.962 296.797 28.885
202303 15.601 301.836 17.068
202306 15.039 305.109 16.276
202309 17.056 307.789 18.299
202312 45.446 306.746 48.923
202403 30.332 312.332 32.069
202406 35.703 314.175 37.526
202409 38.167 315.301 39.972
202412 53.780 315.605 56.269
202503 45.561 319.799 47.045
202506 47.506 322.561 48.633
202509 52.074 324.800 52.942
202512 53.912 324.054 54.937
202603 58.920 330.213 58.920

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 0.68 mean?
Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) has a Cyclically Adjusted PB Ratio of 0.68 as of Aug. 01, 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 Menderes Tekstilnayi ve Ticaret AS and its competitors. This is 60% below median its historical median of 1.70. Over the past decade, Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.53 to 5.65. According to the industry distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #330 out of 863 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.2%.
Is Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Menderes Tekstilnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 0.68 is 60% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 5.65. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.97. Menderes Tekstilnayi ve Ticaret AS's value of 0.68 is 29.9% below this industry median. Based on the distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #330 out of 863 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Menderes Tekstilnayi ve Ticaret AS has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Menderes Tekstilnayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Menderes Tekstilnayi ve Ticaret AS ranks #330 out of 863 companies for Cyclically Adjusted PB Ratio. This puts Menderes Tekstilnayi ve Ticaret AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Menderes Tekstilnayi ve Ticaret AS's value of 0.68 is 29.9% below this benchmark. Historically, Menderes Tekstilnayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 5.65 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.97, Menderes Tekstilnayi ve Ticaret AS has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.97, based on 863 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. Menderes Tekstilnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 0.68 is 29.9% below 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 Menderes Tekstilnayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Menderes Tekstilnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 0.68, which is 60% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menderes Tekstilnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) is currently considered Fairly Valued. The stock's GF Value™ is ₺10.31, compared to a current price of ₺10.43 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 60% below median its 10-year median of 1.70 and 29.9% below the Manufacturing - Apparel & Accessories industry median of 0.97. Menderes Tekstilnayi ve Ticaret AS's overall GF Score™ is 54/100 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 Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS), the current Cyclically Adjusted PB Ratio is 0.68 as of Aug. 01, 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 Menderes Tekstilnayi ve Ticaret AS (IST:MNDRS) Overvalued in 2026?

Based on GuruFocus' analysis, Menderes Tekstilnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺10.43 is trading 1.2% above its estimated GF Value™ of ₺10.31. GuruFocus considers Menderes Tekstilnayi ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:MNDRS:

  • Cyclically Adjusted PB Ratio: 0.68 (60% below median its 10-year median of 1.70)
  • GF Value™: ₺10.31 vs. price of ₺10.43 (1.2% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 29.9% below the Manufacturing - Apparel & Accessories median (#330 of 863)

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


Menderes Tekstilnayi ve Ticaret AS Business Description

Address Universite caddesi No:84, Bornova, Izmir, TUR
Menderes Tekstil Sanayi ve Ticaret AS is a textile company. It is engaged in the manufacturing of beddings, linens, pillow cases, sleep sets, tablecloths, 100% woven and knitted fabrics, polyester and cotton mix fabrics, draperies, collar linings, and fusible garment linings. The company's products are categorized into three which are Home textile products consisting of bedding sets to sleep sets, curtains, baby sets and printed fabrics, Upholstery fabrics, including slipcovers and Lining and interlining comprising of semi-finished products. The company operates under two brands which include La Notte and SNT.
54GF Score

Get the complete analysis for IST:MNDRS

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

₺10.43
Price
₺10.31
GF Value