Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) Cyclically Adjusted PB Ratio: 11.48 (As of Aug. 02, 2026) — 48% Below Median

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IST:OTKAR Otokar Otomotiv Ve Savunma Sanayi AS IST:OTKAR
68 GF Score
Price ₺305.00
GF Value ₺677.27
Valuation Possible Value Trap
! 8 Warning Signs
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What is Otokar Otomotiv Vevunmanayi AS Cyclically Adjusted PB Ratio?

Otokar Otomotiv Vevunmanayi AS IST:OTKAR +0.33% 68 Cyclically Adjusted PB Ratio is 11.48 as of Aug. 02, 2026, which is 48% below its 10-year median of 22.04. GuruFocus rates IST:OTKAR with a GF Score™ of 68/100 and a GF Value™ of ₺677.27 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Otokar Otomotiv Vevunmanayi AS ranks worse than 97.66% on this metric.

As of today (2026-08-02), Otokar Otomotiv Vevunmanayi AS's current share price is ₺305.00. Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺26.56. Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio for today is 11.48.

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

IST:OTKAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.94   Med: 22.04   Max: 67.1
Current: 12.31

During the past years, Otokar Otomotiv Vevunmanayi AS's highest Cyclically Adjusted PB Ratio was 67.10. The lowest was 6.94. And the median was 22.04.

IST:OTKAR's Cyclically Adjusted PB Ratio is ranked worse than
97.66% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs IST:OTKAR: 12.31

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.

Otokar Otomotiv Vevunmanayi AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺65.204. 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 ₺26.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Otokar Otomotiv Vevunmanayi AS  (IST:OTKAR) 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.


Otokar Otomotiv Vevunmanayi AS Cyclically Adjusted PB Ratio Related Terms


Otokar Otomotiv Vevunmanayi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Otokar Otomotiv Vevunmanayi 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.

Otokar Otomotiv Vevunmanayi AS Cyclically Adjusted PB Ratio Chart

Otokar Otomotiv Vevunmanayi 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 20.66 36.32 45.45 28.68 19.83

Otokar Otomotiv Vevunmanayi 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 26.23 19.70 22.42 19.83 13.71

IST:OTKAR vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Otokar Otomotiv Vevunmanayi 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.


Otokar Otomotiv Vevunmanayi AS Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio falls into.


IST:OTKAR
68GF Score
Otokar Otomotiv Ve Savunma Sanayi AS IST:OTKAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Otokar Otomotiv Vevunmanayi 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.

Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=305.00/26.56
=11.48

* 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.

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

For example, Otokar Otomotiv Vevunmanayi 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)
=65.204/330.2130*330.2130
=65.204

Current CPI (Mar. 2026) = 330.2130.

Otokar Otomotiv Vevunmanayi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.571 241.018 2.152
201609 1.720 241.428 2.353
201612 2.025 241.432 2.770
201703 1.823 243.801 2.469
201706 1.745 244.955 2.352
201709 1.942 246.819 2.598
201712 2.363 246.524 3.165
201803 1.542 249.554 2.040
201806 1.123 251.989 1.472
201809 1.089 252.439 1.425
201812 3.247 251.233 4.268
201903 2.485 254.202 3.228
201906 4.052 256.143 5.224
201909 4.925 256.759 6.334
201912 5.314 256.974 6.829
202003 3.826 258.115 4.895
202006 4.957 257.797 6.349
202009 6.057 260.280 7.684
202012 8.395 260.474 10.643
202103 5.697 264.877 7.102
202106 8.005 271.696 9.729
202109 9.078 274.310 10.928
202112 12.471 278.802 14.771
202203 9.964 287.504 11.444
202206 13.004 296.311 14.492
202209 13.553 296.808 15.078
202212 54.393 296.797 60.517
202303 12.770 301.836 13.971
202306 15.057 305.109 16.296
202309 20.676 307.789 22.182
202312 99.900 306.746 107.543
202403 70.583 312.332 74.624
202406 69.771 314.175 73.333
202409 69.128 315.301 72.397
202412 89.315 315.605 93.449
202503 70.162 319.799 72.447
202506 74.452 322.561 76.218
202509 78.441 324.800 79.748
202512 71.240 324.054 72.594
202603 65.204 330.213 65.204

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 11.48 mean?
Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) has a Cyclically Adjusted PB Ratio of 11.48 as of Aug. 02, 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 Otokar Otomotiv Vevunmanayi AS and its competitors. This is 48% below median its historical median of 22.04. Over the past decade, Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio has ranged from 6.94 to 67.10. According to the industry distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #1000 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 97.7%.
Is Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio too high?
Otokar Otomotiv Vevunmanayi AS's current Cyclically Adjusted PB Ratio of 11.48 is 48% below median its 10-year median of 22.04. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 67.10. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Otokar Otomotiv Vevunmanayi AS's value of 11.48 is 807.5% above this industry median. Based on the distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #1000 out of 1024 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Otokar Otomotiv Vevunmanayi AS has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Otokar Otomotiv Vevunmanayi AS's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Otokar Otomotiv Vevunmanayi AS ranks #1000 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Otokar Otomotiv Vevunmanayi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Otokar Otomotiv Vevunmanayi AS's value of 11.48 is 807.5% above this benchmark. Historically, Otokar Otomotiv Vevunmanayi AS's own Cyclically Adjusted PB Ratio has ranged from 6.94 to 67.10 over the past decade. While the company's 10-year median is 22.04 vs. the industry median of 1.27, Otokar Otomotiv Vevunmanayi 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. Otokar Otomotiv Vevunmanayi AS's current Cyclically Adjusted PB Ratio of 11.48 is 807.5% 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 Otokar Otomotiv Vevunmanayi AS and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otokar Otomotiv Vevunmanayi AS's current Cyclically Adjusted PB Ratio is 11.48, which is 48% below median its own 10-year median of 22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otokar Otomotiv Vevunmanayi AS stock overvalued right now?
Based on GuruFocus' analysis, Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₺677.27, compared to a current price of ₺305.00 — trading 55% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.48, which is 48% below median its 10-year median of 22.04 and 807.5% above the Vehicles & Parts industry median of 1.27. Otokar Otomotiv Vevunmanayi AS's overall GF Score™ is 68/100 with 8 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 Otokar Otomotiv Vevunmanayi AS (IST:OTKAR), the current Cyclically Adjusted PB Ratio is 11.48 as of Aug. 02, 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 Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) Overvalued in 2026?

Based on GuruFocus' analysis, Otokar Otomotiv Vevunmanayi AS stock appears to be undervalued. The current stock price of ₺305.00 is trading 55% below its estimated GF Value™ of ₺677.27. GuruFocus considers Otokar Otomotiv Vevunmanayi AS to be Possible Value Trap.

Key valuation signals for IST:OTKAR:

  • Cyclically Adjusted PB Ratio: 11.48 (48% below median its 10-year median of 22.04)
  • GF Value™: ₺677.27 vs. price of ₺305.00 (55% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 807.5% above the Vehicles & Parts median (#1000 of 1024)

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


Otokar Otomotiv Vevunmanayi AS Business Description

Address Tasdelen Mahallesi Sirri Celik Bulvari No:5, Cekmekoy, Istanbul, TUR, 34788
Otokar Otomotiv Ve Savunma Sanayi AS operates in the automotive industry and off-road vehicles, military vehicles, microbusses, small buses, light trucks, and pickup trucks constitute the majority of its production. The group operates in the automotive industry's commercial vehicles segment, manufacturing a product lineup of microbuses, small buses and buses for public transportation and light trucks for transportation and logistics.
68GF Score

Get the complete analysis for IST:OTKAR

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

₺305.00
Price
₺677.27
GF Value