TKKYY (Turkiye Sise ve Cam Fabrikalari AS) Cyclically Adjusted PB Ratio: 1.81 (As of Jul. 30, 2026) — Near Median

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TKKYY Turkiye Sise ve Cam Fabrikalari AS TKKYY
92 GF Score
Price $8.81
GF Value $11.16
! 8 Warning Signs
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What is Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio?

Turkiye Sise ve Cam Fabrikalari AS TKKYY 92 Cyclically Adjusted PB Ratio is 1.81 as of Jul. 30, 2026, which is 5% below its 10-year median of 1.90. GuruFocus rates TKKYY with a GF Score™ of 92/100 and a GF Value™ of $11.16. The stock has 8 warning signs investors should review. Among 472 Conglomerates companies, Turkiye Sise ve Cam Fabrikalari AS ranks worse than 65.89% on this metric.

As of today (2026-07-30), Turkiye Sise ve Cam Fabrikalari AS's current share price is $8.81. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.88. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio for today is 1.81.

The historical rank and industry rank for Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

TKKYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.9   Max: 6.74
Current: 1.59

During the past years, Turkiye Sise ve Cam Fabrikalari AS's highest Cyclically Adjusted PB Ratio was 6.74. The lowest was 0.08. And the median was 1.90.

TKKYY's Cyclically Adjusted PB Ratio is ranked worse than
65.89% of 472 companies
in the Conglomerates industry
Industry Median: 1 vs TKKYY: 1.59

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.

Turkiye Sise ve Cam Fabrikalari AS's adjusted book value per share data for the three months ended in Mar. 2026 was $19.467. 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 $4.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Sise ve Cam Fabrikalari AS  (OTCPK:TKKYY) 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 Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Related Terms


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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 Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio Chart

Turkiye Sise ve Cam Fabrikalari 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 5.75 4.08 2.40 1.55

Turkiye Sise ve Cam Fabrikalari 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 2.02 1.72 1.63 1.55 1.62

TKKYY vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Turkiye Sise ve Cam Fabrikalari 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 Sise ve Cam Fabrikalari AS Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio falls into.


TKKYY
92GF Score
Turkiye Sise ve Cam Fabrikalari AS TKKYY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sise ve Cam Fabrikalari 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 Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.81/4.88
=1.81

* 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 Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Turkiye Sise ve Cam Fabrikalari 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)
=19.467/330.2130*330.2130
=19.467

Current CPI (Mar. 2026) = 330.2130.

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.942 241.018 14.991
201609 11.995 241.428 16.406
201612 10.863 241.432 14.858
201703 10.694 243.801 14.484
201706 11.353 244.955 15.304
201709 12.000 246.819 16.055
201712 11.376 246.524 15.238
201803 11.593 249.554 15.340
201806 10.501 251.989 13.761
201809 9.218 252.439 12.058
201812 10.613 251.233 13.949
201903 10.702 254.202 13.902
201906 10.566 256.143 13.621
201909 10.688 256.759 13.746
201912 11.106 256.974 14.271
202003 10.137 258.115 12.969
202006 9.960 257.797 12.758
202009 9.458 260.280 11.999
202012 9.395 260.474 11.910
202103 10.133 264.877 12.632
202106 9.736 271.696 11.833
202109 10.323 274.310 12.427
202112 9.584 278.802 11.351
202203 9.610 287.504 11.038
202206 10.295 296.311 11.473
202209 10.544 296.808 11.731
202212 24.986 296.797 27.799
202303 13.143 301.836 14.379
202306 12.341 305.109 13.356
202309 11.362 307.789 12.190
202312 23.010 306.746 24.770
202403 15.973 312.332 16.887
202406 16.718 314.175 17.571
202409 17.135 315.301 17.945
202412 22.738 315.605 23.790
202503 17.919 319.799 18.503
202506 17.997 322.561 18.424
202509 18.167 324.800 18.470
202512 18.569 324.054 18.922
202603 19.467 330.213 19.467

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 1.81 mean?
Turkiye Sise ve Cam Fabrikalari AS (TKKYY) has a Cyclically Adjusted PB Ratio of 1.81 as of Jul. 30, 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 Turkiye Sise ve Cam Fabrikalari AS and its competitors. This is near median its historical median of 1.90. Over the past decade, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio has ranged from 0.08 to 6.74. According to the industry distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #311 out of 472 companies in the Conglomerates industry, placing it in the top 65.9%.
Is Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio too high?
Turkiye Sise ve Cam Fabrikalari AS's current Cyclically Adjusted PB Ratio of 1.81 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 6.74. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.00. Turkiye Sise ve Cam Fabrikalari AS's value of 1.81 is 81% above this industry median. Based on the distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #311 out of 472 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Turkiye Sise ve Cam Fabrikalari AS has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #311 out of 472 companies for Cyclically Adjusted PB Ratio. This places Turkiye Sise ve Cam Fabrikalari AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Turkiye Sise ve Cam Fabrikalari AS's value of 1.81 is 81% above this benchmark. Historically, Turkiye Sise ve Cam Fabrikalari AS's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 6.74 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.00, Turkiye Sise ve Cam Fabrikalari 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.00, based on 472 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. Turkiye Sise ve Cam Fabrikalari AS's current Cyclically Adjusted PB Ratio of 1.81 is 81% 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 Turkiye Sise ve Cam Fabrikalari AS and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Sise ve Cam Fabrikalari AS's current Cyclically Adjusted PB Ratio is 1.81, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sise ve Cam Fabrikalari AS stock overvalued right now?
Turkiye Sise ve Cam Fabrikalari AS (TKKYY) has a current Cyclically Adjusted PB Ratio of 1.81. The stock's GF Value™ is $11.16, compared to a current price of $8.81 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.81, which is near median its 10-year median of 1.90 and 81% above the Conglomerates industry median of 1.00. Turkiye Sise ve Cam Fabrikalari AS's overall GF Score™ is 92/100 with 8 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 Turkiye Sise ve Cam Fabrikalari AS (TKKYY), the current Cyclically Adjusted PB Ratio is 1.81 as of Jul. 30, 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 Turkiye Sise ve Cam Fabrikalari AS (TKKYY) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sise ve Cam Fabrikalari AS stock appears to be undervalued. The current stock price of $8.81 is trading 21.1% below its estimated GF Value™ of $11.16.

Key valuation signals for TKKYY:

  • Cyclically Adjusted PB Ratio: 1.81 (near median its 10-year median of 1.90)
  • GF Value™: $11.16 vs. price of $8.81 (21.1% below fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 81% above the Conglomerates median (#311 of 472)

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


Turkiye Sise ve Cam Fabrikalari AS Business Description

Other Exchanges SISE:Turkey
Address Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.
92GF 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.

$8.81
Price
$11.16
GF Value