San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) Cyclically Adjusted PB Ratio: 42.55 (As of Jul. 29, 2026) — 109% Above Median

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IST:SANEL San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS IST:SANEL
64 GF Score
Price ₺67.65
GF Value ₺56.58
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Cyclically Adjusted PB Ratio?

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS IST:SANEL -0.81% 64 Cyclically Adjusted PB Ratio is 42.55 as of Jul. 29, 2026, which is 109% above its 10-year median of 20.38. GuruFocus rates IST:SANEL with a GF Score™ of 64/100 and a GF Value™ of ₺56.58 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,274 Industrial Products companies, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS ranks worse than 99.43% on this metric.

As of today (2026-07-29), San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current share price is ₺67.65. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₺1.59. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 42.55.

The historical rank and industry rank for San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:SANEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.3   Med: 20.38   Max: 52.74
Current: 45.64

During the past years, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 52.74. The lowest was 11.30. And the median was 20.38.

IST:SANEL's Cyclically Adjusted PB Ratio is ranked worse than
99.43% of 2274 companies
in the Industrial Products industry
Industry Median: 2.105 vs IST:SANEL: 45.64

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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's adjusted book value per share data for the three months ended in Dec. 2025 was ₺7.711. 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 ₺1.59 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS  (IST:SANEL) 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.


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for San-El Muhendislik Elektrik Taahhutnayi 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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Cyclically Adjusted PB Ratio Chart

San-El Muhendislik Elektrik Taahhutnayi 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 20.94 19.28 23.19

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Quarterly Data
Jun19 Dec19 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Dec25
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 23.66 20.21 19.28 17.11 23.19

IST:SANEL vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, San-El Muhendislik Elektrik Taahhutnayi 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.


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio falls into.


IST:SANEL
64GF Score
San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS IST:SANEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San-El Muhendislik Elektrik Taahhutnayi 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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.65/1.59
=42.55

* 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.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=7.711/324.0540*324.0540
=7.711

Current CPI (Dec. 2025) = 324.0540.

San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.212 238.343 1.648
201409 1.254 238.031 1.707
201412 1.269 234.812 1.751
201503 1.280 236.119 1.757
201506 1.189 238.638 1.615
201509 1.224 237.945 1.667
201512 1.233 236.525 1.689
201603 1.237 238.132 1.683
201606 1.235 241.018 1.660
201609 1.212 241.428 1.627
201612 1.218 241.432 1.635
201703 1.203 243.801 1.599
201706 1.155 244.955 1.528
201709 1.151 246.819 1.511
201712 1.221 246.524 1.605
201803 1.234 249.554 1.602
201806 1.181 251.989 1.519
201809 1.183 252.439 1.519
201812 0.932 251.233 1.202
201903 0.939 254.202 1.197
201906 0.902 256.143 1.141
201912 1.279 256.974 1.613
202009 0.000 260.280 0.000
202012 0.461 260.474 0.574
202103 0.000 264.877 0.000
202109 0.351 274.310 0.415
202112 0.264 278.802 0.307
202203 0.539 287.504 0.608
202206 0.000 296.311 0.000
202209 0.645 296.808 0.704
202212 1.084 296.797 1.184
202303 0.493 301.836 0.529
202306 0.423 305.109 0.449
202309 0.644 307.789 0.678
202312 -0.399 306.746 -0.422
202403 -0.133 312.332 -0.138
202409 0.972 315.301 0.999
202412 2.444 315.605 2.509
202503 8.207 319.799 8.316
202512 7.711 324.054 7.711

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 42.55 mean?
San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) has a Cyclically Adjusted PB Ratio of 42.55 as of Jul. 29, 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS and its competitors. This is 109% above median its historical median of 20.38. Over the past decade, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 11.30 to 52.74. According to the industry distribution chart, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS ranks #2261 out of 2274 companies in the Industrial Products industry, placing it in the top 99.4%.
Is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 42.55 is 109% above median its 10-year median of 20.38. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 52.74. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's value of 42.55 is 1921.4% above this industry median. Based on the distribution chart, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS ranks #2261 out of 2274 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS ranks #2261 out of 2274 companies for Cyclically Adjusted PB Ratio. This places San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's value of 42.55 is 1921.4% above this benchmark. Historically, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 11.30 to 52.74 over the past decade. While the company's 10-year median is 20.38 vs. the industry median of 2.11, San-El Muhendislik Elektrik Taahhutnayi 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.11, based on 2,274 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. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio of 42.55 is 1921.4% 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's current Cyclically Adjusted PB Ratio is 42.55, which is 109% above median its own 10-year median of 20.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺56.58, compared to a current price of ₺67.65 — trading 19.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 42.55, which is 109% above median its 10-year median of 20.38 and 1921.4% above the Industrial Products industry median of 2.11. San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS's overall GF Score™ is 64/100 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL), the current Cyclically Adjusted PB Ratio is 42.55 as of Jul. 29, 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 San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS (IST:SANEL) Overvalued in 2026?

Based on GuruFocus' analysis, San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺67.65 is trading 19.6% above its estimated GF Value™ of ₺56.58. GuruFocus considers San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:SANEL:

  • Cyclically Adjusted PB Ratio: 42.55 (109% above median its 10-year median of 20.38)
  • GF Value™: ₺56.58 vs. price of ₺67.65 (19.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 1921.4% above the Industrial Products median (#2261 of 2274)

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


San-El Muhendislik Elektrik Taahhutnayi ve Ticaret AS Business Description

Address No: 22, Salacak Iskele Street, Salacak Neighborhood, Istanbul, TUR
San-El Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS activities include the design, construction, and installation of medium voltage and low voltage compensation and harmonic filter systems; component-based sales of medium voltage and low voltage compensation and harmonic filter products; and analysis and reporting services for energy quality in transmission and distribution networks.
64GF Score

Get the complete analysis for IST:SANEL

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

₺67.65
Price
₺56.58
GF Value