Verusa Holding AS (IST:VERUS) Cyclically Adjusted PB Ratio: 26.48 (As of Sep. 01, 2026) — 27% Above Median

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IST:VERUS Verusa Holding AS IST:VERUS
51 GF Score
Price ₺670.00
GF Value ₺216.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Verusa Holding AS Cyclically Adjusted PB Ratio?

Verusa Holding AS IST:VERUS -3.74% 51 Cyclically Adjusted PB Ratio is 26.48 as of Sep. 01, 2026, which is 27% above its 10-year median of 20.80. GuruFocus rates IST:VERUS with a GF Score™ of 51/100 and a GF Value™ of ₺216.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,095 Chemicals companies, Verusa Holding AS ranks worse than 99.36% on this metric.

As of today (2026-09-01), Verusa Holding AS's current share price is ₺670.00. Verusa Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₺25.30. Verusa Holding AS's Cyclically Adjusted PB Ratio for today is 26.48.

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

IST:VERUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.64   Med: 20.8   Max: 35.9
Current: 27.51

During the past years, Verusa Holding AS's highest Cyclically Adjusted PB Ratio was 35.90. The lowest was 8.64. And the median was 20.80.

IST:VERUS's Cyclically Adjusted PB Ratio is ranked worse than
99.36% of 1095 companies
in the Chemicals industry
Industry Median: 1.69 vs IST:VERUS: 27.51

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.

Verusa Holding AS's adjusted book value per share data for the three months ended in Jun. 2026 was ₺76.734. 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 ₺25.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Verusa Holding AS  (IST:VERUS) 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.


Verusa Holding AS Cyclically Adjusted PB Ratio Related Terms


Verusa Holding AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Verusa Holding 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.

Verusa Holding AS Cyclically Adjusted PB Ratio Chart

Verusa Holding 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 17.83 22.04 20.46 17.12

Verusa Holding AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.43 16.83 17.12 19.43 26.62

IST:VERUS vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Verusa Holding 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.


Verusa Holding AS Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Verusa Holding AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:VERUS
51GF Score
Verusa Holding AS IST:VERUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verusa Holding 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.

Verusa Holding AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=670.00/25.30
=26.48

* 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.

Verusa Holding AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Verusa Holding AS's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=76.734/333.9520*333.9520
=76.734

Current CPI (Jun. 2026) = 333.9520.

Verusa Holding AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.677 241.428 3.703
201612 2.885 241.432 3.991
201703 2.880 243.801 3.945
201706 2.771 244.955 3.778
201709 2.721 246.819 3.682
201712 2.894 246.524 3.920
201803 3.041 249.554 4.069
201806 2.861 251.989 3.792
201809 3.285 252.439 4.346
201812 3.608 251.233 4.796
201903 3.780 254.202 4.966
201906 4.162 256.143 5.426
201909 4.147 256.759 5.394
201912 4.649 256.974 6.042
202003 4.688 258.115 6.065
202006 5.106 257.797 6.614
202009 5.236 260.280 6.718
202012 6.957 260.474 8.920
202103 8.107 264.877 10.221
202106 8.829 271.696 10.852
202109 9.742 274.310 11.860
202112 13.178 278.802 15.785
202203 13.905 287.504 16.151
202206 15.771 296.311 17.774
202209 16.181 296.808 18.206
202212 34.243 296.797 38.530
202303 19.941 301.836 22.063
202306 21.717 305.109 23.770
202309 26.448 307.789 28.696
202312 51.764 306.746 56.355
202403 43.959 312.332 47.002
202406 47.687 314.175 50.689
202409 50.383 315.301 53.363
202412 71.364 315.605 75.513
202503 56.741 319.799 59.252
202506 69.684 322.561 72.145
202509 77.972 324.800 80.169
202512 66.881 324.054 68.924
202603 67.111 330.213 67.871
202606 76.734 333.952 76.734

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 26.48 mean?
Verusa Holding AS (IST:VERUS) has a Cyclically Adjusted PB Ratio of 26.48 as of Sep. 01, 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 Verusa Holding AS and its competitors. This is 27% above median its historical median of 20.80. Over the past decade, Verusa Holding AS's Cyclically Adjusted PB Ratio has ranged from 8.64 to 35.90. According to the industry distribution chart, Verusa Holding AS ranks #1088 out of 1095 companies in the Chemicals industry, placing it in the top 99.4%.
Is Verusa Holding AS's Cyclically Adjusted PB Ratio too high?
Verusa Holding AS's current Cyclically Adjusted PB Ratio of 26.48 is 27% above median its 10-year median of 20.80. Over the past 10 years, this metric has ranged from a low of 8.64 to a high of 35.90. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Verusa Holding AS's value of 26.48 is 1466.9% above this industry median. Based on the distribution chart, Verusa Holding AS ranks #1088 out of 1095 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Verusa Holding AS has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Verusa Holding AS's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Verusa Holding AS ranks #1088 out of 1095 companies for Cyclically Adjusted PB Ratio. This places Verusa Holding AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Verusa Holding AS's value of 26.48 is 1466.9% above this benchmark. Historically, Verusa Holding AS's own Cyclically Adjusted PB Ratio has ranged from 8.64 to 35.90 over the past decade. While the company's 10-year median is 20.80 vs. the industry median of 1.69, Verusa Holding 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,095 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. Verusa Holding AS's current Cyclically Adjusted PB Ratio of 26.48 is 1466.9% 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 Verusa Holding AS and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verusa Holding AS's current Cyclically Adjusted PB Ratio is 26.48, which is 27% above median its own 10-year median of 20.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verusa Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Verusa Holding AS (IST:VERUS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺216.50, compared to a current price of ₺670.00 — trading 209.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 26.48, which is 27% above median its 10-year median of 20.80 and 1466.9% above the Chemicals industry median of 1.69. Verusa Holding AS's overall GF Score™ is 51/100 with 7 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 Verusa Holding AS (IST:VERUS), the current Cyclically Adjusted PB Ratio is 26.48 as of Sep. 01, 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 Verusa Holding AS (IST:VERUS) Overvalued in 2026?

Based on GuruFocus' analysis, Verusa Holding AS stock appears to be overvalued. The current stock price of ₺670.00 is trading 209.5% above its estimated GF Value™ of ₺216.50. GuruFocus considers Verusa Holding AS to be Significantly Overvalued.

Key valuation signals for IST:VERUS:

  • Cyclically Adjusted PB Ratio: 26.48 (27% above median its 10-year median of 20.80)
  • GF Value™: ₺216.50 vs. price of ₺670.00 (209.5% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 1466.9% above the Chemicals median (#1088 of 1095)

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


Verusa Holding AS Business Description

Address Maslak Mah, Saat Sk. Spine Tower No: 5/91 Sariyer, Istanbul, TUR, 34398
Verusa Holding AS is a Turkey based investment company focused on private equity and venture capital. The company invests in high-growth sectors such as renewable energy, mining, technology, and healthcare. The Group has been divided into five groups: venture capital, electricity wholesale, cellulose manufacturing, energy and holding activities. Geographically, the company's projects are diversified in Europe, the Middle East, Asia, Africa, North and South America.
51GF Score

Get the complete analysis for IST:VERUS

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

₺670.00
Price
₺216.50
GF Value