Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) Cyclically Adjusted PS Ratio: 1.80 (As of Aug. 31, 2026) — 53% Below Median

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.

IST:ALCAR Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
50 GF Score
Price ₺682.00
GF Value ₺868.80
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PS Ratio?

Alarko Carriernayi Ve Ticaret AS IST:ALCAR -0.86% 50 Cyclically Adjusted PS Ratio is 1.80 as of Aug. 31, 2026, which is 53% below its 10-year median of 3.80. GuruFocus rates IST:ALCAR with a GF Score™ of 50/100 and a GF Value™ of ₺868.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,284 Industrial Products companies, Alarko Carriernayi Ve Ticaret AS ranks worse than 50.09% on this metric.

As of today (2026-08-31), Alarko Carriernayi Ve Ticaret AS's current share price is ₺682.00. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺379.73. Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio for today is 1.80.

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

IST:ALCAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.8   Max: 10.96
Current: 1.83

During the past years, Alarko Carriernayi Ve Ticaret AS's highest Cyclically Adjusted PS Ratio was 10.96. The lowest was 0.74. And the median was 3.80.

IST:ALCAR's Cyclically Adjusted PS Ratio is ranked worse than
50.09% of 2284 companies
in the Industrial Products industry
Industry Median: 1.82 vs IST:ALCAR: 1.83

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 Carriernayi Ve Ticaret AS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺184.902. 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 ₺379.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alarko Carriernayi Ve Ticaret AS  (IST:ALCAR) 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 Carriernayi Ve Ticaret AS Cyclically Adjusted PS Ratio Related Terms


Alarko Carriernayi Ve Ticaret AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alarko Carriernayi Ve Ticaret 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 Carriernayi Ve Ticaret AS Cyclically Adjusted PS Ratio Chart

Alarko Carriernayi Ve Ticaret 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 4.81 6.97 5.68 4.12 2.52

Alarko Carriernayi Ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.89 3.06 2.52 1.99 2.06

IST:ALCAR vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Alarko Carriernayi Ve Ticaret 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 Carriernayi Ve Ticaret AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:ALCAR
50GF Score
Alarko Carrier Sanayi Ve Ticaret AS IST:ALCAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alarko Carriernayi Ve Ticaret 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 Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=682.00/379.73
=1.80

* 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 Carriernayi Ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alarko Carriernayi Ve Ticaret AS's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=184.902/333.9520*333.9520
=184.902

Current CPI (Jun. 2026) = 333.9520.

Alarko Carriernayi Ve Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.851 241.428 15.009
201612 13.994 241.432 19.357
201703 10.942 243.801 14.988
201706 12.301 244.955 16.770
201709 14.010 246.819 18.956
201712 16.554 246.524 22.425
201803 12.123 249.554 16.223
201806 15.417 251.989 20.432
201809 16.030 252.439 21.206
201812 15.349 251.233 20.403
201903 10.610 254.202 13.939
201906 13.791 256.143 17.980
201909 16.278 256.759 21.172
201912 13.444 256.974 17.471
202003 12.194 258.115 15.777
202006 15.164 257.797 19.644
202009 23.768 260.280 30.496
202012 22.080 260.474 28.309
202103 20.573 264.877 25.938
202106 25.720 271.696 31.613
202109 28.268 274.310 34.414
202112 42.557 278.802 50.975
202203 43.623 287.504 50.671
202206 53.247 296.311 60.011
202209 48.089 296.808 54.107
202212 240.255 296.797 270.332
202303 153.036 301.836 169.319
202306 156.051 305.109 170.803
202309 118.329 307.789 128.387
202312 432.706 306.746 471.084
202403 168.743 312.332 180.424
202406 168.743 314.175 179.365
202409 214.094 315.301 226.758
202412 203.279 315.605 215.096
202503 148.177 319.799 154.735
202506 246.179 322.561 254.873
202509 180.404 324.800 185.487
202512 185.033 324.054 190.685
202603 154.971 330.213 156.726
202606 184.902 333.952 184.902

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 1.80 mean?
Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) has a Cyclically Adjusted PS Ratio of 1.80 as of Aug. 31, 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 Carriernayi Ve Ticaret AS and its competitors. This is 53% below median its historical median of 3.80. Over the past decade, Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio has ranged from 0.74 to 10.96. According to the industry distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #1144 out of 2284 companies in the Industrial Products industry, placing it in the top 50.1%.
Is Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio too high?
Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio of 1.80 is 53% below median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 10.96. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.82. Alarko Carriernayi Ve Ticaret AS's value of 1.80 is 1.1% below this industry median. Based on the distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #1144 out of 2284 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Alarko Carriernayi Ve Ticaret AS has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Carriernayi Ve Ticaret AS's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Alarko Carriernayi Ve Ticaret AS ranks #1144 out of 2284 companies for Cyclically Adjusted PS Ratio. This places Alarko Carriernayi Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Alarko Carriernayi Ve Ticaret AS's value of 1.80 is 1.1% below this benchmark. Historically, Alarko Carriernayi Ve Ticaret AS's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 10.96 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 1.82, Alarko Carriernayi Ve Ticaret AS 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 Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.82, based on 2,284 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 Carriernayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio of 1.80 is 1.1% 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 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 Carriernayi Ve Ticaret AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alarko Carriernayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio is 1.80, which is 53% below median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Carriernayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS (IST:ALCAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺868.80, compared to a current price of ₺682.00 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.80, which is 53% below median its 10-year median of 3.80 and 1.1% below the Industrial Products industry median of 1.82. Alarko Carriernayi Ve Ticaret AS's overall GF Score™ is 50/100 with 7 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 Carriernayi Ve Ticaret AS (IST:ALCAR), the current Cyclically Adjusted PS Ratio is 1.80 as of Aug. 31, 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 Carriernayi Ve Ticaret AS (IST:ALCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Carriernayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺682.00 is trading 21.5% below its estimated GF Value™ of ₺868.80. GuruFocus considers Alarko Carriernayi Ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:ALCAR:

  • Cyclically Adjusted PS Ratio: 1.80 (53% below median its 10-year median of 3.80)
  • GF Value™: ₺868.80 vs. price of ₺682.00 (21.5% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 1.1% below the Industrial Products median (#1144 of 2284)

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


Alarko Carriernayi Ve Ticaret AS Business Description

Address Muallim Naci Caddesi No.69, Ortakoy, Istanbul, TUR, 34347
Alarko Carrier Sanayi Ve Ticaret AS is a Turkey-based company that manufactures air handling units, rooftops, unit heaters, submersible pumps, gas-fired combi boilers, oil-fired domestic boilers, burners, and panel radiators. It markets air handling units, rooftops, and fan coils. The company also provides spare parts, assembly material, maintenance materials, and repair materials.
50GF Score

Get the complete analysis for IST:ALCAR

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

₺682.00
Price
₺868.80
GF Value