Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) Cyclically Adjusted PB Ratio: 5.30 (As of Jul. 07, 2026) — 22% Below Median


IST:NIBAS Nigbas Nigde Beton Sanayi ve Ticarte AS IST:NIBAS
52 GF Score
Price ₺4.24
GF Value ₺4.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Nigbas Nigde Betonnayi ve Ticarte AS Cyclically Adjusted PB Ratio?

Nigbas Nigde Betonnayi ve Ticarte AS IST:NIBAS -2.53% 52 Cyclically Adjusted PB Ratio is 5.30 as of Jul. 07, 2026, which is 22% below its 10-year median of 6.78. GuruFocus rates IST:NIBAS with a GF Score™ of 52/100 and a GF Value™ of ₺4.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,358 Construction companies, Nigbas Nigde Betonnayi ve Ticarte AS ranks worse than 88.66% on this metric.

As of today (2026-07-07), Nigbas Nigde Betonnayi ve Ticarte AS's current share price is ₺4.24. Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺0.80. Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio for today is 5.30.

The historical rank and industry rank for Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:NIBAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.82   Med: 6.78   Max: 14.54
Current: 5.45

During the past years, Nigbas Nigde Betonnayi ve Ticarte AS's highest Cyclically Adjusted PB Ratio was 14.54. The lowest was 3.82. And the median was 6.78.

IST:NIBAS's Cyclically Adjusted PB Ratio is ranked worse than
88.66% of 1358 companies
in the Construction industry
Industry Median: 1.2 vs IST:NIBAS: 5.45

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.

Nigbas Nigde Betonnayi ve Ticarte AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺1.378. 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 ₺0.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nigbas Nigde Betonnayi ve Ticarte AS  (IST:NIBAS) 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.


Nigbas Nigde Betonnayi ve Ticarte AS Cyclically Adjusted PB Ratio Related Terms


Nigbas Nigde Betonnayi ve Ticarte AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nigbas Nigde Betonnayi ve Ticarte 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.

Nigbas Nigde Betonnayi ve Ticarte AS Cyclically Adjusted PB Ratio Chart

Nigbas Nigde Betonnayi ve Ticarte 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 9.54 8.52 6.69 5.27 4.79

Nigbas Nigde Betonnayi ve Ticarte 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 3.87 4.45 5.40 4.79 12.33

IST:NIBAS vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Nigbas Nigde Betonnayi ve Ticarte 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.


Nigbas Nigde Betonnayi ve Ticarte AS Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio falls into.


IST:NIBAS
52GF Score
Nigbas Nigde Beton Sanayi ve Ticarte AS IST:NIBAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigbas Nigde Betonnayi ve Ticarte 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.

Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.24/0.80
=5.30

* 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.

Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nigbas Nigde Betonnayi ve Ticarte 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)
=1.378/330.2130*330.2130
=1.378

Current CPI (Mar. 2026) = 330.2130.

Nigbas Nigde Betonnayi ve Ticarte AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.238 241.018 0.326
201609 0.238 241.428 0.326
201612 0.231 241.432 0.316
201703 0.223 243.801 0.302
201706 0.226 244.955 0.305
201709 0.214 246.819 0.286
201712 0.200 246.524 0.268
201803 0.192 249.554 0.254
201806 0.191 251.989 0.250
201809 0.000 252.439 0.000
201812 0.165 251.233 0.217
201903 0.161 254.202 0.209
201906 0.158 256.143 0.204
201909 0.159 256.759 0.204
201912 0.302 256.974 0.388
202003 0.307 258.115 0.393
202006 0.308 257.797 0.395
202009 0.304 260.280 0.386
202012 0.271 260.474 0.344
202103 0.268 264.877 0.334
202106 0.265 271.696 0.322
202109 0.265 274.310 0.319
202112 0.466 278.802 0.552
202203 0.474 287.504 0.544
202206 0.479 296.311 0.534
202209 0.476 296.808 0.530
202212 1.252 296.797 1.393
202303 0.763 301.836 0.835
202306 0.752 305.109 0.814
202309 0.759 307.789 0.814
202312 1.984 306.746 2.136
202403 1.569 312.332 1.659
202406 0.000 314.175 0.000
202409 1.844 315.301 1.931
202412 2.512 315.605 2.628
202503 2.102 319.799 2.170
202506 2.266 322.561 2.320
202509 2.377 324.800 2.417
202512 1.280 324.054 1.304
202603 1.378 330.213 1.378

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 5.30 mean?
Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) has a Cyclically Adjusted PB Ratio of 5.30 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 Nigbas Nigde Betonnayi ve Ticarte AS and its competitors. This is 22% below median its historical median of 6.78. Over the past decade, Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio has ranged from 3.82 to 14.54. According to the industry distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1204 out of 1358 companies in the Construction industry, placing it in the top 88.7%.
Is Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio too high?
Nigbas Nigde Betonnayi ve Ticarte AS's current Cyclically Adjusted PB Ratio of 5.30 is 22% below median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 14.54. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. Nigbas Nigde Betonnayi ve Ticarte AS's value of 5.30 is 341.7% above this industry median. Based on the distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1204 out of 1358 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Nigbas Nigde Betonnayi ve Ticarte AS has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nigbas Nigde Betonnayi ve Ticarte AS's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1204 out of 1358 companies for Cyclically Adjusted PB Ratio. This places Nigbas Nigde Betonnayi ve Ticarte AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Nigbas Nigde Betonnayi ve Ticarte AS's value of 5.30 is 341.7% above this benchmark. Historically, Nigbas Nigde Betonnayi ve Ticarte AS's own Cyclically Adjusted PB Ratio has ranged from 3.82 to 14.54 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 1.20, Nigbas Nigde Betonnayi ve Ticarte 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.20, based on 1,358 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. Nigbas Nigde Betonnayi ve Ticarte AS's current Cyclically Adjusted PB Ratio of 5.30 is 341.7% 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 Nigbas Nigde Betonnayi ve Ticarte AS and its competitors. For the Construction 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. Nigbas Nigde Betonnayi ve Ticarte AS's current Cyclically Adjusted PB Ratio is 5.30, which is 22% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigbas Nigde Betonnayi ve Ticarte AS stock overvalued right now?
Based on GuruFocus' analysis, Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) is currently considered Fairly Valued. The stock's GF Value™ is ₺4.26, compared to a current price of ₺4.24 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.30, which is 22% below median its 10-year median of 6.78 and 341.7% above the Construction industry median of 1.20. Nigbas Nigde Betonnayi ve Ticarte AS's overall GF Score™ is 52/100 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 Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS), the current Cyclically Adjusted PB Ratio is 5.30 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 Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) Overvalued in 2026?

Based on GuruFocus' analysis, Nigbas Nigde Betonnayi ve Ticarte AS stock appears to be undervalued. The current stock price of ₺4.24 is trading 0.5% below its estimated GF Value™ of ₺4.26. GuruFocus considers Nigbas Nigde Betonnayi ve Ticarte AS to be Fairly Valued.

Key valuation signals for IST:NIBAS:

  • Cyclically Adjusted PB Ratio: 5.30 (22% below median its 10-year median of 6.78)
  • GF Value™: ₺4.26 vs. price of ₺4.24 (0.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 341.7% above the Construction median (#1204 of 1358)

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


Nigbas Nigde Betonnayi ve Ticarte AS Business Description

Address Adana Kara Yolu 2. Km. Pk. 30 51001, Nigde, TUR
Nigbas Nigde Beton Sanayi ve Ticarte AS is an engineering company. It offers products including prestressed beams for bridges, poles, and paving stones.
52GF Score

Get the complete analysis for IST:NIBAS

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

₺4.24
Price
₺4.26
GF Value