Nuh Cimentonayii AS (IST:NUHCM) Cyclically Adjusted PB Ratio: 4.44 (As of Aug. 04, 2026) — 25% Below Median

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IST:NUHCM Nuh Cimento Sanayii AS IST:NUHCM
80 GF Score
Price ₺221.50
GF Value ₺244.67
Valuation Fairly Valued
! 6 Warning Signs
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What is Nuh Cimentonayii AS Cyclically Adjusted PB Ratio?

Nuh Cimentonayii AS IST:NUHCM +2.22% 80 Cyclically Adjusted PB Ratio is 4.44 as of Aug. 04, 2026, which is 25% below its 10-year median of 5.95. GuruFocus rates IST:NUHCM with a GF Score™ of 80/100 and a GF Value™ of ₺244.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 314 Building Materials companies, Nuh Cimentonayii AS ranks worse than 88.22% on this metric.

As of today (2026-08-04), Nuh Cimentonayii AS's current share price is ₺221.50. Nuh Cimentonayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺49.88. Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio for today is 4.44.

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

IST:NUHCM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 5.95   Max: 24.86
Current: 4.37

During the past years, Nuh Cimentonayii AS's highest Cyclically Adjusted PB Ratio was 24.86. The lowest was 0.86. And the median was 5.95.

IST:NUHCM's Cyclically Adjusted PB Ratio is ranked worse than
88.22% of 314 companies
in the Building Materials industry
Industry Median: 0.97 vs IST:NUHCM: 4.37

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.

Nuh Cimentonayii AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺151.515. 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 ₺49.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuh Cimentonayii AS  (IST:NUHCM) 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.


Nuh Cimentonayii AS Cyclically Adjusted PB Ratio Related Terms


Nuh Cimentonayii AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nuh Cimentonayii 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.

Nuh Cimentonayii AS Cyclically Adjusted PB Ratio Chart

Nuh Cimentonayii 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 5.90 9.40 16.46 9.77 4.90

Nuh Cimentonayii 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 7.70 5.69 5.34 4.90 4.69

IST:NUHCM vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Nuh Cimentonayii 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.


Nuh Cimentonayii AS Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:NUHCM
80GF Score
Nuh Cimento Sanayii AS IST:NUHCM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuh Cimentonayii 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.

Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=221.50/49.88
=4.44

* 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.

Nuh Cimentonayii AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nuh Cimentonayii 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)
=151.515/330.2130*330.2130
=151.515

Current CPI (Mar. 2026) = 330.2130.

Nuh Cimentonayii AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.002 241.018 9.593
201609 7.262 241.428 9.933
201612 7.392 241.432 10.110
201703 7.509 243.801 10.170
201706 6.960 244.955 9.382
201709 7.173 246.819 9.597
201712 7.496 246.524 10.041
201803 7.759 249.554 10.267
201806 7.263 251.989 9.518
201809 7.600 252.439 9.941
201812 7.602 251.233 9.992
201903 7.708 254.202 10.013
201906 7.375 256.143 9.508
201909 7.619 256.759 9.799
201912 7.944 256.974 10.208
202003 8.405 258.115 10.753
202006 9.817 257.797 12.575
202009 11.053 260.280 14.023
202012 11.975 260.474 15.181
202103 10.484 264.877 13.070
202106 11.261 271.696 13.686
202109 12.897 274.310 15.525
202112 14.458 278.802 17.124
202203 14.444 287.504 16.590
202206 17.981 296.311 20.038
202209 21.272 296.808 23.666
202212 110.857 296.797 123.338
202303 32.298 301.836 35.334
202306 40.819 305.109 44.178
202309 59.643 307.789 63.988
202312 128.124 306.746 137.926
202403 96.174 312.332 101.680
202406 102.112 314.175 107.325
202409 119.848 315.301 125.516
202412 169.673 315.605 177.526
202503 132.199 319.799 136.504
202506 142.272 322.561 145.647
202509 155.770 324.800 158.366
202512 162.769 324.054 165.863
202603 151.515 330.213 151.515

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 4.44 mean?
Nuh Cimentonayii AS (IST:NUHCM) has a Cyclically Adjusted PB Ratio of 4.44 as of Aug. 04, 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 Nuh Cimentonayii AS and its competitors. This is 25% below median its historical median of 5.95. Over the past decade, Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio has ranged from 0.86 to 24.86. According to the industry distribution chart, Nuh Cimentonayii AS ranks #277 out of 314 companies in the Building Materials industry, placing it in the top 88.2%.
Is Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio too high?
Nuh Cimentonayii AS's current Cyclically Adjusted PB Ratio of 4.44 is 25% below median its 10-year median of 5.95. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 24.86. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Nuh Cimentonayii AS's value of 4.44 is 357.7% above this industry median. Based on the distribution chart, Nuh Cimentonayii AS ranks #277 out of 314 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Nuh Cimentonayii AS has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuh Cimentonayii AS's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nuh Cimentonayii AS ranks #277 out of 314 companies for Cyclically Adjusted PB Ratio. This places Nuh Cimentonayii AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Nuh Cimentonayii AS's value of 4.44 is 357.7% above this benchmark. Historically, Nuh Cimentonayii AS's own Cyclically Adjusted PB Ratio has ranged from 0.86 to 24.86 over the past decade. While the company's 10-year median is 5.95 vs. the industry median of 0.97, Nuh Cimentonayii 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 314 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. Nuh Cimentonayii AS's current Cyclically Adjusted PB Ratio of 4.44 is 357.7% 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 Nuh Cimentonayii AS and its competitors. For the Building Materials 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. Nuh Cimentonayii AS's current Cyclically Adjusted PB Ratio is 4.44, which is 25% below median its own 10-year median of 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuh Cimentonayii AS stock overvalued right now?
Based on GuruFocus' analysis, Nuh Cimentonayii AS (IST:NUHCM) is currently considered Fairly Valued. The stock's GF Value™ is ₺244.67, compared to a current price of ₺221.50 — trading 9.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.44, which is 25% below median its 10-year median of 5.95 and 357.7% above the Building Materials industry median of 0.97. Nuh Cimentonayii 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 Nuh Cimentonayii AS (IST:NUHCM), the current Cyclically Adjusted PB Ratio is 4.44 as of Aug. 04, 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 Nuh Cimentonayii AS (IST:NUHCM) Overvalued in 2026?

Based on GuruFocus' analysis, Nuh Cimentonayii AS stock appears to be undervalued. The current stock price of ₺221.50 is trading 9.5% below its estimated GF Value™ of ₺244.67. GuruFocus considers Nuh Cimentonayii AS to be Fairly Valued.

Key valuation signals for IST:NUHCM:

  • Cyclically Adjusted PB Ratio: 4.44 (25% below median its 10-year median of 5.95)
  • GF Value™: ₺244.67 vs. price of ₺221.50 (9.5% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 357.7% above the Building Materials median (#277 of 314)

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


Nuh Cimentonayii AS Business Description

Address Inonu Cad. No 102, Kat 6-7, Kozyata??, Istanbul, TUR
Nuh Cimento Sanayii AS operates as a cement manufacturer with interests in energy production. The company operates its business through two segments namely; Construction and Construction Materials and Energy. The principal activities of the company include a production of various types of cement, lime, ready-mixed concrete, gas concrete, clinker, power generation, and transportation. It also offers port services through a dock near its plant with nearly 500 meters in length and loads and unloads cargo. The firm derives the majority of its revenues through the sale of its cement products.
80GF Score

Get the complete analysis for IST:NUHCM

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

₺221.50
Price
₺244.67
GF Value