Alarko Holding AS (IST:ALARK) Cyclically Adjusted PS Ratio: 8.55 (As of Jul. 21, 2026) — 21% Above Median

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IST:ALARK Alarko Holding AS IST:ALARK
43 GF Score
Price ₺110.50
GF Value ₺86.89
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Alarko Holding AS Cyclically Adjusted PS Ratio?

Alarko Holding AS IST:ALARK +5.64% 43 Cyclically Adjusted PS Ratio is 8.55 as of Jul. 21, 2026, which is 21% above its 10-year median of 7.08. GuruFocus rates IST:ALARK with a GF Score™ of 43/100 and a GF Value™ of ₺86.89 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 471 Conglomerates companies, Alarko Holding AS ranks worse than 92.36% on this metric.

As of today (2026-07-21), Alarko Holding AS's current share price is ₺110.50. Alarko Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺12.93. Alarko Holding AS's Cyclically Adjusted PS Ratio for today is 8.55.

The historical rank and industry rank for Alarko Holding AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:ALARK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 7.08   Max: 22.57
Current: 8.09

During the past years, Alarko Holding AS's highest Cyclically Adjusted PS Ratio was 22.57. The lowest was 0.86. And the median was 7.08.

IST:ALARK's Cyclically Adjusted PS Ratio is ranked worse than
92.36% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs IST:ALARK: 8.09

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Alarko Holding AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺5.031. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₺12.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarko Holding AS  (IST:ALARK) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Alarko Holding AS Cyclically Adjusted PS Ratio Related Terms


Alarko Holding AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alarko Holding AS's Cyclically Adjusted PS 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.

Alarko Holding AS Cyclically Adjusted PS Ratio Chart

Alarko Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 15.10 11.53 9.22 8.34

Alarko Holding 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 PS 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 9.61 7.47 6.93 8.34 6.83

IST:ALARK vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Alarko Holding AS's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Alarko Holding AS Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alarko Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alarko Holding AS's Cyclically Adjusted PS Ratio falls into.


IST:ALARK
43GF Score
Alarko Holding AS IST:ALARK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarko Holding AS Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Alarko Holding AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.50/12.93
=8.55

* 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.

Alarko Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Alarko Holding AS's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.031/330.2130*330.2130
=5.031

Current CPI (Mar. 2026) = 330.2130.

Alarko Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.278 241.018 0.381
201609 0.460 241.428 0.629
201612 0.426 241.432 0.583
201703 0.323 243.801 0.437
201706 0.445 244.955 0.600
201709 0.472 246.819 0.631
201712 0.312 246.524 0.418
201803 0.368 249.554 0.487
201806 0.604 251.989 0.791
201809 0.948 252.439 1.240
201812 0.695 251.233 0.913
201903 0.839 254.202 1.090
201906 0.961 256.143 1.239
201909 0.738 256.759 0.949
201912 0.648 256.974 0.833
202003 0.531 258.115 0.679
202006 0.599 257.797 0.767
202009 0.701 260.280 0.889
202012 0.542 260.474 0.687
202103 0.554 264.877 0.691
202106 1.001 271.696 1.217
202109 1.439 274.310 1.732
202112 1.642 278.802 1.945
202203 2.253 287.504 2.588
202206 4.040 296.311 4.502
202209 5.372 296.808 5.977
202212 16.569 296.797 18.434
202303 5.477 301.836 5.992
202306 6.999 305.109 7.575
202309 8.021 307.789 8.605
202312 5.659 306.746 6.092
202403 5.289 312.332 5.592
202406 7.278 314.175 7.650
202409 7.096 315.301 7.432
202412 2.187 315.605 2.288
202503 3.862 319.799 3.988
202506 5.796 322.561 5.933
202509 7.719 324.800 7.848
202512 3.911 324.054 3.985
202603 5.031 330.213 5.031

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 8.55 mean?
Alarko Holding AS (IST:ALARK) has a Cyclically Adjusted PS Ratio of 8.55 as of Jul. 21, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alarko Holding AS and its competitors. This is 21% above median its historical median of 7.08. Over the past decade, Alarko Holding AS's Cyclically Adjusted PS Ratio has ranged from 0.86 to 22.57. According to the industry distribution chart, Alarko Holding AS ranks #435 out of 471 companies in the Conglomerates industry, placing it in the top 92.4%.
Is Alarko Holding AS's Cyclically Adjusted PS Ratio too high?
Alarko Holding AS's current Cyclically Adjusted PS Ratio of 8.55 is 21% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 22.57. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Alarko Holding AS's value of 8.55 is 1040% above this industry median. Based on the distribution chart, Alarko Holding AS ranks #435 out of 471 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Alarko Holding AS has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Holding AS's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Alarko Holding AS ranks #435 out of 471 companies for Cyclically Adjusted PS Ratio. This places Alarko Holding AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Alarko Holding AS's value of 8.55 is 1040% above this benchmark. Historically, Alarko Holding AS's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 22.57 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 0.75, Alarko Holding 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 PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alarko Holding AS's current Cyclically Adjusted PS Ratio of 8.55 is 1040% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Alarko Holding AS and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alarko Holding AS's current Cyclically Adjusted PS Ratio is 8.55, which is 21% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Holding AS (IST:ALARK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺86.89, compared to a current price of ₺110.50 — trading 27.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.55, which is 21% above median its 10-year median of 7.08 and 1040% above the Conglomerates industry median of 0.75. Alarko Holding AS's overall GF Score™ is 43/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Alarko Holding AS (IST:ALARK), the current Cyclically Adjusted PS Ratio is 8.55 as of Jul. 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.

Is Alarko Holding AS (IST:ALARK) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Holding AS stock appears to be overvalued. The current stock price of ₺110.50 is trading 27.2% above its estimated GF Value™ of ₺86.89. GuruFocus considers Alarko Holding AS to be Modestly Overvalued.

Key valuation signals for IST:ALARK:

  • Cyclically Adjusted PS Ratio: 8.55 (21% above median its 10-year median of 7.08)
  • GF Value™: ₺86.89 vs. price of ₺110.50 (27.2% above fair value)
  • GF Score™: 43/100 with 11 warning signs
  • Industry Position: 1040% above the Conglomerates median (#435 of 471)

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


Alarko Holding AS Business Description

Address Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment.
43GF Score

Get the complete analysis for IST:ALARK

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

₺110.50
Price
₺86.89
GF Value