Erciyas Celik BorunayiIST:ERCB +2.01%24 PB Ratio is 0.65 as of Jun. 30, 2026, which is 78% below its 10-year median of 2.96. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 610 Steel companies, Erciyas Celik Borunayi ranks better than 67.05% on this metric.
Erciyas Celik Boru Sanayi stock PB Ratio (=0.64) is close to 5-year low of 0.64.
The historical rank and industry rank for Erciyas Celik Borunayi's PB Ratio or its related term are showing as below:
IST:ERCB'
s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 2.96 Max: 7.81
Current: 0.65
During the past 6 years, Erciyas Celik Borunayi's highest PB Ratio was 7.81. The lowest was 0.64. And the median was 2.96.
IST:ERCB's PB Ratio is ranked better than 67.05% of 610
companies
in the Steel industry
Industry Median: 0.955
vs IST:ERCB: 0.65
During the past 12 months, Erciyas Celik Borunayi's average Book Value Per Share Growth Rate was 57.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 46.00% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Erciyas Celik Borunayi was 76.50% per year. The lowest was 24.30% per year. And the median was 45.60% per year.
Back to Basics: PB Ratio
Erciyas Celik Borunayi (IST:ERCB) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Steel subindustry, Erciyas Celik Borunayi's PB Ratio, along with its competitors' market caps and 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.
Erciyas Celik Borunayi PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's PB Ratio distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Erciyas Celik Borunayi (IST:ERCB) has a PB Ratio of 0.65 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Erciyas Celik Borunayi and its competitors. This is 78% below median its historical median of 2.96. Over the past decade, Erciyas Celik Borunayi's PB Ratio has ranged from 0.64 to 7.81. According to the industry distribution chart, Erciyas Celik Borunayi ranks #201 out of 610 companies in the Steel industry, placing it in the top 33%.
Is Erciyas Celik Borunayi's PB Ratio too high?
Erciyas Celik Borunayi's current PB Ratio of 0.65 is 78% below median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 7.81. The Steel industry median PB Ratio is 0.96. Erciyas Celik Borunayi's value of 0.65 is 31.9% below this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #201 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #201 out of 610 companies for PB Ratio. This puts Erciyas Celik Borunayi in the upper half of its industry. The industry median PB Ratio is 0.96. Erciyas Celik Borunayi's value of 0.65 is 31.9% below this benchmark. Historically, Erciyas Celik Borunayi's own PB Ratio has ranged from 0.64 to 7.81 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 0.96, Erciyas Celik Borunayi 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 PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.96, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erciyas Celik Borunayi's current PB Ratio of 0.65 is 31.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Erciyas Celik Borunayi and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current PB Ratio is 0.65, which is 78% below median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current PB Ratio is 0.65, which is 78% below median its 10-year median of 2.96 and 31.9% below the Steel industry median of 0.96. Erciyas Celik Borunayi's overall GF Score™ is 24/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Erciyas Celik Borunayi (IST:ERCB), the current PB Ratio is 0.65 as of Jun. 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
PB Ratio: 0.65 (78% below median its 10-year median of 2.96)
GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
Industry Position: 31.9% below the Steel median (#201 of 610)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
24GF Score
Get the complete analysis for IST:ERCB
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:ERCB has been successfully added to your 
