Papilonvunma Teknoloji Ve Ticaret AS (IST:PAPIL) Cyclically Adjusted PB Ratio: 10.26 (As of Jul. 12, 2026) — 20% Below Median


IST:PAPIL Papilon Savunma Teknoloji Ve Ticaret AS IST:PAPIL
60 GF Score
Price ₺14.36
GF Value ₺9.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Papilonvunma Teknoloji Ve Ticaret AS Cyclically Adjusted PB Ratio?

Papilonvunma Teknoloji Ve Ticaret AS IST:PAPIL +0.42% 60 Cyclically Adjusted PB Ratio is 10.26 as of Jul. 12, 2026, which is 20% below its 10-year median of 12.84. GuruFocus rates IST:PAPIL with a GF Score™ of 60/100 and a GF Value™ of ₺9.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,359 Construction companies, Papilonvunma Teknoloji Ve Ticaret AS ranks worse than 94.92% on this metric.

As of today (2026-07-12), Papilonvunma Teknoloji Ve Ticaret AS's current share price is ₺14.36. Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₺1.40. Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 10.26.

The historical rank and industry rank for Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:PAPIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.23   Med: 12.84   Max: 13.76
Current: 10.23

During the past 10 years, Papilonvunma Teknoloji Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 13.76. The lowest was 10.23. And the median was 12.84.

IST:PAPIL's Cyclically Adjusted PB Ratio is ranked worse than
94.92% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs IST:PAPIL: 10.23

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.

Papilonvunma Teknoloji Ve Ticaret AS's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₺2.402. 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 ₺1.40 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Papilonvunma Teknoloji Ve Ticaret AS  (IST:PAPIL) 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.


Papilonvunma Teknoloji Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Papilonvunma Teknoloji Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Papilonvunma Teknoloji 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.

Papilonvunma Teknoloji Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Papilonvunma Teknoloji 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 0.00 0.00 0.00 0.00 11.42

Papilonvunma Teknoloji 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 0.00 0.00 0.00 11.42 0.00

IST:PAPIL vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Papilonvunma Teknoloji 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.


Papilonvunma Teknoloji Ve Ticaret AS Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:PAPIL
60GF Score
Papilon Savunma Teknoloji Ve Ticaret AS IST:PAPIL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Papilonvunma Teknoloji 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.

Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.36/1.40
=10.26

* 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.

Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Papilonvunma Teknoloji Ve Ticaret AS's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.402/324.0540*324.0540
=2.402

Current CPI (Dec25) = 324.0540.

Papilonvunma Teknoloji Ve Ticaret AS Annual Data

Book Value per Share CPI Adj_Book
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201812 0.330 251.233 0.426
201912 0.400 256.974 0.504
202012 0.437 260.474 0.544
202112 0.555 278.802 0.645
202212 1.312 296.797 1.432
202312 2.239 306.746 2.365
202412 2.832 315.605 2.908
202512 2.402 324.054 2.402

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 10.26 mean?
Papilonvunma Teknoloji Ve Ticaret AS (IST:PAPIL) has a Cyclically Adjusted PB Ratio of 10.26 as of Jul. 12, 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 Papilonvunma Teknoloji Ve Ticaret AS and its competitors. This is 20% below median its historical median of 12.84. Over the past decade, Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 10.23 to 13.76. According to the industry distribution chart, Papilonvunma Teknoloji Ve Ticaret AS ranks #1290 out of 1359 companies in the Construction industry, placing it in the top 94.9%.
Is Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Papilonvunma Teknoloji Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 10.26 is 20% below median its 10-year median of 12.84. Over the past 10 years, this metric has ranged from a low of 10.23 to a high of 13.76. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Papilonvunma Teknoloji Ve Ticaret AS's value of 10.26 is 762.2% above this industry median. Based on the distribution chart, Papilonvunma Teknoloji Ve Ticaret AS ranks #1290 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Papilonvunma Teknoloji Ve Ticaret AS has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Papilonvunma Teknoloji Ve Ticaret AS's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Papilonvunma Teknoloji Ve Ticaret AS ranks #1290 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Papilonvunma Teknoloji Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Papilonvunma Teknoloji Ve Ticaret AS's value of 10.26 is 762.2% above this benchmark. Historically, Papilonvunma Teknoloji Ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 10.23 to 13.76 over the past decade. While the company's 10-year median is 12.84 vs. the industry median of 1.19, Papilonvunma Teknoloji 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.19, based on 1,359 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. Papilonvunma Teknoloji Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 10.26 is 762.2% 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 Papilonvunma Teknoloji Ve Ticaret AS and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Papilonvunma Teknoloji Ve Ticaret AS's current Cyclically Adjusted PB Ratio is 10.26, which is 20% below median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Papilonvunma Teknoloji Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Papilonvunma Teknoloji Ve Ticaret AS (IST:PAPIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺9.38, compared to a current price of ₺14.36 — trading 53.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.26, which is 20% below median its 10-year median of 12.84 and 762.2% above the Construction industry median of 1.19. Papilonvunma Teknoloji Ve Ticaret AS's overall GF Score™ is 60/100 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 Papilonvunma Teknoloji Ve Ticaret AS (IST:PAPIL), the current Cyclically Adjusted PB Ratio is 10.26 as of Jul. 12, 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 Papilonvunma Teknoloji Ve Ticaret AS (IST:PAPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Papilonvunma Teknoloji Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺14.36 is trading 53.1% above its estimated GF Value™ of ₺9.38. GuruFocus considers Papilonvunma Teknoloji Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:PAPIL:

  • Cyclically Adjusted PB Ratio: 10.26 (20% below median its 10-year median of 12.84)
  • GF Value™: ₺9.38 vs. price of ₺14.36 (53.1% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 762.2% above the Construction median (#1290 of 1359)

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


Papilonvunma Teknoloji Ve Ticaret AS Business Description

Address Muhsin Yazicioglu Street, No: 39A/47, Kizilirmak Neighborhood, Cankaya, Ankara, TUR, 06570
Papilon Savunma Teknoloji Ve Ticaret AS is engaged in the research, development, production, and integration of end-to-end integrated public security systems, fingerprint scanners, palm scanners, access control systems, biometric workstations, mobile devices, facial recognition, virtual reality platform devices, and iris recognition devices, as well as the construction of value-added holistic systems for domestic and international public institutions and private commercial organizations.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺14.36
Price
₺9.38
GF Value