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Tumosan Motor ve Traktornayi ASIST:TMSN -1.91%41 Cyclically Adjusted PB Ratio is 2.54 as of Jul. 22, 2026, which is 62% below its 10-year median of 6.62. GuruFocus rates IST:TMSN with a GF Score™ of 41/100 and a GF Value™ of ₺24.11 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 167 Farm & Heavy Construction Machinery companies, Tumosan Motor ve Traktornayi AS ranks worse than 70.06% on this metric.
The historical rank and industry rank for Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
IST:TMSN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.59 Med: 6.62 Max: 18.66
Current: 2.59
During the past years, Tumosan Motor ve Traktornayi AS's highest Cyclically Adjusted PB Ratio was 18.66. The lowest was 2.59. And the median was 6.62.
IST:TMSN's Cyclically Adjusted PB Ratio is ranked worse than 70.06% of 167
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.63
vs IST:TMSN: 2.59
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.
Tumosan Motor ve Traktornayi AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺134.288. 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 ₺32.23 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tumosan Motor ve Traktornayi AS (IST:TMSN) 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.
Tumosan Motor ve Traktornayi AS Cyclically Adjusted PB Ratio Related Terms
Tumosan Motor ve Traktornayi AS Cyclically Adjusted PB Ratio Historical Data
* 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.
Tumosan Motor ve Traktornayi AS Cyclically Adjusted PB Ratio Chart
IST:TMSN vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Tumosan Motor ve Traktornayi 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.
Tumosan Motor ve Traktornayi AS Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio falls into.
Tumosan Motor ve Traktornayi 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.
* 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.
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 2.54 mean?
Tumosan Motor ve Traktornayi AS (IST:TMSN) has a Cyclically Adjusted PB Ratio of 2.54 as of Jul. 22, 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 Tumosan Motor ve Traktornayi AS and its competitors. This is 62% below median its historical median of 6.62. Over the past decade, Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio has ranged from 2.59 to 18.66. According to the industry distribution chart, Tumosan Motor ve Traktornayi AS ranks #117 out of 167 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 70.1%.
Is Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio too high?
Tumosan Motor ve Traktornayi AS's current Cyclically Adjusted PB Ratio of 2.54 is 62% below median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 18.66. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.63. Tumosan Motor ve Traktornayi AS's value of 2.54 is 55.8% above this industry median. Based on the distribution chart, Tumosan Motor ve Traktornayi AS ranks #117 out of 167 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Tumosan Motor ve Traktornayi AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tumosan Motor ve Traktornayi AS ranks #117 out of 167 companies for Cyclically Adjusted PB Ratio. This places Tumosan Motor ve Traktornayi AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Tumosan Motor ve Traktornayi AS's value of 2.54 is 55.8% above this benchmark. Historically, Tumosan Motor ve Traktornayi AS's own Cyclically Adjusted PB Ratio has ranged from 2.59 to 18.66 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 1.63, Tumosan Motor ve Traktornayi 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.63, based on 167 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. Tumosan Motor ve Traktornayi AS's current Cyclically Adjusted PB Ratio of 2.54 is 55.8% 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 Tumosan Motor ve Traktornayi AS and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tumosan Motor ve Traktornayi AS's current Cyclically Adjusted PB Ratio is 2.54, which is 62% below median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tumosan Motor ve Traktornayi AS stock overvalued right now?
Based on GuruFocus' analysis, Tumosan Motor ve Traktornayi AS (IST:TMSN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺24.11, compared to a current price of ₺82.00 — trading 240.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.54, which is 62% below median its 10-year median of 6.62 and 55.8% above the Farm & Heavy Construction Machinery industry median of 1.63. Tumosan Motor ve Traktornayi AS's overall GF Score™ is 41/100 with 9 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 Tumosan Motor ve Traktornayi AS (IST:TMSN), the current Cyclically Adjusted PB Ratio is 2.54 as of Jul. 22, 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 Tumosan Motor ve Traktornayi AS (IST:TMSN) Overvalued in 2026?
Based on GuruFocus' analysis, Tumosan Motor ve Traktornayi AS stock appears to be overvalued.
The current stock price of ₺82.00 is trading 240.1% above its estimated GF Value™ of ₺24.11.
GuruFocus considers Tumosan Motor ve Traktornayi AS to be Significantly Overvalued.
Key valuation signals for IST:TMSN:
Cyclically Adjusted PB Ratio: 2.54 (62% below median its 10-year median of 6.62)
GF Value™: ₺24.11 vs. price of ₺82.00 (240.1% above fair value)
Industry Position: 55.8% above the Farm & Heavy Construction Machinery median (#117 of 167)
No single metric tells the full story. See the IST:TMSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tumosan Motor ve Traktornayi AS Business Description
Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.
41GF Score
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