Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) Cyclically Adjusted PB Ratio: 4.34 (As of Aug. 21, 2026)

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IST:ZEDUR Zedur Enerji Elektrik Uretim AS IST:ZEDUR
48 GF Score
Price ₺7.73
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What is Zedur Enerji Elektrik Uretim AS Cyclically Adjusted PB Ratio?

Zedur Enerji Elektrik Uretim AS IST:ZEDUR 48 Cyclically Adjusted PB Ratio is 4.34 as of Aug. 21, 2026. GuruFocus rates IST:ZEDUR with a GF Score™ of 48/100.

As of today (2026-08-21), Zedur Enerji Elektrik Uretim AS's current share price is ₺7.73. Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₺1.78. Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio for today is 4.34.

The historical rank and industry rank for Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

IST:ZEDUR's Cyclically Adjusted PB Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.01
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Zedur Enerji Elektrik Uretim AS's adjusted book value per share data for the three months ended in Dec. 2024 was ₺10.016. 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 ₺1.78 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zedur Enerji Elektrik Uretim AS  (IST:ZEDUR) 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.


Zedur Enerji Elektrik Uretim AS Cyclically Adjusted PB Ratio Related Terms


Zedur Enerji Elektrik Uretim AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zedur Enerji Elektrik Uretim 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.

Zedur Enerji Elektrik Uretim AS Cyclically Adjusted PB Ratio Chart

Zedur Enerji Elektrik Uretim AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.78

Zedur Enerji Elektrik Uretim AS Quarterly Data
Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec19 Dec20 Dec21 Dec22 Sep23 Dec23 Sep24 Dec24
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 0.00 4.78

IST:ZEDUR vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Zedur Enerji Elektrik Uretim 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.


Zedur Enerji Elektrik Uretim AS Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio falls into.


IST:ZEDUR
48GF Score
Zedur Enerji Elektrik Uretim AS IST:ZEDUR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zedur Enerji Elektrik Uretim 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.

Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.73/1.78
=4.34

* 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.

Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Zedur Enerji Elektrik Uretim AS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10.016/315.6050*315.6050
=10.016

Current CPI (Dec. 2024) = 315.6050.

Zedur Enerji Elektrik Uretim AS Quarterly Data

Book Value per Share CPI Adj_Book
201012 0.299 219.179 0.431
201103 0.000 223.467 0.000
201106 0.000 225.722 0.000
201109 0.000 226.889 0.000
201112 0.615 225.672 0.860
201203 0.600 229.392 0.825
201206 0.615 229.478 0.846
201209 0.643 231.407 0.877
201212 0.649 229.601 0.892
201303 0.000 232.773 0.000
201306 0.622 233.504 0.841
201309 0.595 234.149 0.802
201312 0.531 233.049 0.719
201403 0.496 236.293 0.662
201406 0.548 238.343 0.726
201409 0.596 238.031 0.790
201412 0.573 234.812 0.770
201503 0.524 236.119 0.700
201506 0.471 238.638 0.623
201509 0.430 237.945 0.570
201512 0.702 236.525 0.937
201606 0.630 241.018 0.825
201609 0.000 241.428 0.000
201612 0.512 241.432 0.669
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.748 246.819 0.956
201712 0.607 246.524 0.777
201803 0.519 249.554 0.656
201806 0.420 251.989 0.526
201809 0.269 252.439 0.336
201812 0.582 251.233 0.731
201912 0.553 256.974 0.679
202012 0.297 260.474 0.360
202112 1.924 278.802 2.178
202212 5.538 296.797 5.889
202309 0.000 307.789 0.000
202312 9.766 306.746 10.048
202409 9.563 315.301 9.572
202412 10.016 315.605 10.016

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 4.34 mean?
Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) has a Cyclically Adjusted PB Ratio of 4.34 as of Aug. 21, 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 Zedur Enerji Elektrik Uretim AS and its competitors.
Is Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio too high?
Zedur Enerji Elektrik Uretim AS's current Cyclically Adjusted PB Ratio is 4.34. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Zedur Enerji Elektrik Uretim AS's value of 4.34 is 329.7% above this industry median. Overall, Zedur Enerji Elektrik Uretim AS has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio compare to HON and MMM?
Zedur Enerji Elektrik Uretim AS's Cyclically Adjusted PB Ratio of 4.34 can be compared against companies in the Conglomerates industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Zedur Enerji Elektrik Uretim AS's value of 4.34 is 329.7% above this benchmark. 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 445 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. Zedur Enerji Elektrik Uretim AS's current Cyclically Adjusted PB Ratio of 4.34 is 329.7% 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 Zedur Enerji Elektrik Uretim AS and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedur Enerji Elektrik Uretim AS's current Cyclically Adjusted PB Ratio is 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedur Enerji Elektrik Uretim AS stock overvalued right now?
Zedur Enerji Elektrik Uretim AS (IST:ZEDUR) has a current Cyclically Adjusted PB Ratio of 4.34. The current Cyclically Adjusted PB Ratio is 4.34 and 329.7% above the Conglomerates industry median of 1.01. Zedur Enerji Elektrik Uretim AS's overall GF Score™ is 48/100. 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 Zedur Enerji Elektrik Uretim AS (IST:ZEDUR), the current Cyclically Adjusted PB Ratio is 4.34 as of Aug. 21, 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.

Zedur Enerji Elektrik Uretim AS Business Description

Address Cankaya Mah. Cankaya Caddesi No: 28 - 5, Cankaya, Ankara, TUR
Zedur Enerji Elektrik Uretim AS focuses on the energy and construction sectors. The company is engaged in electricity generation, distribution and sales. It also specializes in the construction of mass housing, office building, commercial center, shopping mall, factory, luxury hotels, and holiday village buildings as well as in the contracting sector, especially in infrastructure, canal, sewer, and tunnel construction projects.
48GF Score

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

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