Turkiye Is Bankasi AS (LSE:98LM) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Is Bankasi AS  (LSE:98LM) 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.


Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Related Terms


Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Chart

Turkiye Is Bankasi 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 0.69 2.05 2.80 3.01 2.40

Turkiye Is Bankasi 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 2.57 2.60 2.57 2.40 2.07

Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Turkiye Is Bankasi 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.


Turkiye Is Bankasi AS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Is Bankasi AS's Cyclically Adjusted PB Ratio falls into.



Turkiye Is Bankasi 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.

Turkiye Is Bankasi AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Turkiye Is Bankasi 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)
=0.286/330.2130*330.2130
=0.286

Current CPI (Mar. 2026) = 330.2130.

Turkiye Is Bankasi AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.354 241.018 0.485
201609 0.365 241.428 0.499
201612 0.365 241.432 0.499
201703 0.337 243.801 0.456
201706 0.380 244.955 0.512
201709 0.355 246.819 0.475
201712 0.333 246.524 0.446
201803 0.329 249.554 0.435
201806 0.293 251.989 0.384
201809 0.226 252.439 0.296
201812 0.295 251.233 0.388
201903 0.278 254.202 0.361
201906 0.284 256.143 0.366
201909 0.308 256.759 0.396
201912 0.306 256.974 0.393
202003 0.298 258.115 0.381
202006 0.294 257.797 0.377
202009 0.265 260.280 0.336
202012 0.260 260.474 0.330
202103 0.249 264.877 0.310
202106 0.230 271.696 0.280
202109 0.255 274.310 0.307
202112 0.193 278.802 0.229
202203 0.225 287.504 0.258
202206 0.239 296.311 0.266
202209 0.283 296.808 0.315
202212 0.337 296.797 0.375
202303 0.341 301.836 0.373
202306 0.278 305.109 0.301
202309 0.265 307.789 0.284
202312 0.291 306.746 0.313
202403 0.271 312.332 0.287
202406 0.276 314.175 0.290
202409 0.258 315.301 0.270
202412 0.288 315.605 0.301
202503 0.272 319.799 0.281
202506 0.270 322.561 0.276
202509 0.273 324.800 0.278
202512 0.300 324.054 0.306
202603 0.286 330.213 0.286

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.


Turkiye Is Bankasi AS Business Description

Other Exchanges ISCTR:TurkeyISBTR:Turkey
Address Is Kuleleri, Levent, Istanbul, TUR, 34330
Turkiye Is Bankasi AS is a Turkish financial services group with operations in Europe, Asia, and the Middle East. The group provides banking services as well as insurance, pension, asset management, venture capital, investment banking, leasing and factoring, and brokerage and custody, among other services.