Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) Cyclically Adjusted PB Ratio: 0.54 (As of Jul. 12, 2026) — 79% Below Median


IST:VESTL Vestel Elektronik Sanayi Ve Ticaret AS IST:VESTL
50 GF Score
Price ₺26.42
GF Value ₺50.35
Valuation Possible Value Trap
! 7 Warning Signs
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What is Vestel Elektroniknayi Ve Ticaret AS Cyclically Adjusted PB Ratio?

Vestel Elektroniknayi Ve Ticaret AS IST:VESTL +9.99% 50 Cyclically Adjusted PB Ratio is 0.54 as of Jul. 12, 2026, which is 79% below its 10-year median of 2.54. GuruFocus rates IST:VESTL with a GF Score™ of 50/100 and a GF Value™ of ₺50.35 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 339 Furnishings, Fixtures & Appliances companies, Vestel Elektroniknayi Ve Ticaret AS ranks better than 75.22% on this metric.

As of today (2026-07-12), Vestel Elektroniknayi Ve Ticaret AS's current share price is ₺26.42. Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₺48.72. Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is 0.54.

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

IST:VESTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.54   Max: 6.15
Current: 0.54

During the past years, Vestel Elektroniknayi Ve Ticaret AS's highest Cyclically Adjusted PB Ratio was 6.15. The lowest was 0.50. And the median was 2.54.

IST:VESTL's Cyclically Adjusted PB Ratio is ranked better than
75.22% of 339 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.17 vs IST:VESTL: 0.54

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.

Vestel Elektroniknayi Ve Ticaret AS's adjusted book value per share data for the three months ended in Mar. 2026 was ₺78.625. 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 ₺48.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestel Elektroniknayi Ve Ticaret AS  (IST:VESTL) 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.


Vestel Elektroniknayi Ve Ticaret AS Cyclically Adjusted PB Ratio Related Terms


Vestel Elektroniknayi Ve Ticaret AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vestel Elektroniknayi 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.

Vestel Elektroniknayi Ve Ticaret AS Cyclically Adjusted PB Ratio Chart

Vestel Elektroniknayi 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 2.70 5.14 2.24 2.06 0.62

Vestel Elektroniknayi 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 1.28 0.83 0.82 0.62 0.57

IST:VESTL vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vestel Elektroniknayi 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.


Vestel Elektroniknayi Ve Ticaret AS Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IST:VESTL
50GF Score
Vestel Elektronik Sanayi Ve Ticaret AS IST:VESTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestel Elektroniknayi 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.

Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.42/48.72
=0.54

* 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.

Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Vestel Elektroniknayi Ve Ticaret 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)
=78.625/330.2130*330.2130
=78.625

Current CPI (Mar. 2026) = 330.2130.

Vestel Elektroniknayi Ve Ticaret AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.119 241.018 7.013
201609 5.367 241.428 7.341
201612 5.304 241.432 7.254
201703 5.403 243.801 7.318
201706 5.485 244.955 7.394
201709 5.375 246.819 7.191
201712 6.574 246.524 8.806
201803 6.581 249.554 8.708
201806 7.187 251.989 9.418
201809 8.713 252.439 11.397
201812 9.626 251.233 12.652
201903 9.113 254.202 11.838
201906 10.095 256.143 13.014
201909 10.339 256.759 13.297
201912 11.002 256.974 14.138
202003 11.777 258.115 15.067
202006 13.258 257.797 16.982
202009 14.712 260.280 18.665
202012 21.081 260.474 26.725
202103 22.747 264.877 28.358
202106 25.149 271.696 30.566
202109 21.913 274.310 26.379
202112 28.146 278.802 33.336
202203 30.338 287.504 34.845
202206 34.897 296.311 38.890
202209 34.280 296.808 38.138
202212 81.605 296.797 90.793
202303 36.257 301.836 39.666
202306 36.289 305.109 39.275
202309 41.483 307.789 44.505
202312 155.133 306.746 167.001
202403 121.184 312.332 128.122
202406 130.416 314.175 137.073
202409 131.216 315.301 137.422
202412 174.551 315.605 182.630
202503 131.027 319.799 135.294
202506 116.084 322.561 118.838
202509 111.418 324.800 113.275
202512 80.125 324.054 81.648
202603 78.625 330.213 78.625

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 0.54 mean?
Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) has a Cyclically Adjusted PB Ratio of 0.54 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 Vestel Elektroniknayi Ve Ticaret AS and its competitors. This is 79% below median its historical median of 2.54. Over the past decade, Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio has ranged from 0.50 to 6.15. According to the industry distribution chart, Vestel Elektroniknayi Ve Ticaret AS ranks #84 out of 339 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.8%.
Is Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio too high?
Vestel Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 0.54 is 79% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 6.15. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.17. Vestel Elektroniknayi Ve Ticaret AS's value of 0.54 is 53.8% below this industry median. Based on the distribution chart, Vestel Elektroniknayi Ve Ticaret AS ranks #84 out of 339 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Vestel Elektroniknayi Ve Ticaret AS has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Vestel Elektroniknayi Ve Ticaret AS ranks #84 out of 339 companies for Cyclically Adjusted PB Ratio. This places Vestel Elektroniknayi Ve Ticaret AS in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.17. Vestel Elektroniknayi Ve Ticaret AS's value of 0.54 is 53.8% below this benchmark. Historically, Vestel Elektroniknayi Ve Ticaret AS's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 6.15 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.17, Vestel Elektroniknayi Ve Ticaret AS has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.17, based on 339 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. Vestel Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio of 0.54 is 53.8% below 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 Vestel Elektroniknayi Ve Ticaret AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestel Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PB Ratio is 0.54, which is 79% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestel Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) is currently considered Possible Value Trap. The stock's GF Value™ is ₺50.35, compared to a current price of ₺26.42 — trading 47.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 79% below median its 10-year median of 2.54 and 53.8% below the Furnishings, Fixtures & Appliances industry median of 1.17. Vestel Elektroniknayi Ve Ticaret AS's overall GF Score™ is 50/100 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 Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL), the current Cyclically Adjusted PB Ratio is 0.54 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 Vestel Elektroniknayi Ve Ticaret AS (IST:VESTL) Overvalued in 2026?

Based on GuruFocus' analysis, Vestel Elektroniknayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺26.42 is trading 47.5% below its estimated GF Value™ of ₺50.35. GuruFocus considers Vestel Elektroniknayi Ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:VESTL:

  • Cyclically Adjusted PB Ratio: 0.54 (79% below median its 10-year median of 2.54)
  • GF Value™: ₺50.35 vs. price of ₺26.42 (47.5% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 53.8% below the Furnishings, Fixtures & Appliances median (#84 of 339)

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


Vestel Elektroniknayi Ve Ticaret AS Business Description

Address Levent 199, Buyukdere Caddesi No: 199, Istanbul, TUR, 34394
Vestel Elektronik Sanayi Ve Ticaret AS is a Turkey-based company that is principally engaged in manufacturing and selling consumer electronics, household appliances, and other products. The company offers products, including televisions, smartphones, refrigerators, washing machines, dishwashers, small home appliances, built-in products, air conditioners, heaters, and others. The company has business presence in both domestic and overseas markets, with over half of total revenue generated from overseas markets.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺26.42
Price
₺50.35
GF Value