Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Cyclically Adjusted PS Ratio: 26.58 (As of Jul. 05, 2026) — 257% Above Median


IST:ASELS Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
79 GF Score
Price ₺399.50
GF Value ₺114.79
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Aselsan Elektroniknayi Ve Ticaret AS Cyclically Adjusted PS Ratio?

Aselsan Elektroniknayi Ve Ticaret AS IST:ASELS +3.83% 79 Cyclically Adjusted PS Ratio is 26.58 as of Jul. 05, 2026, which is 257% above its 10-year median of 7.45. GuruFocus rates IST:ASELS with a GF Score™ of 79/100 and a GF Value™ of ₺114.79 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 224 Aerospace & Defense companies, Aselsan Elektroniknayi Ve Ticaret AS ranks worse than 96.88% on this metric.

As of today (2026-07-05), Aselsan Elektroniknayi Ve Ticaret AS's current share price is ₺399.50. Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺15.03. Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio for today is 26.58.

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

IST:ASELS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.51   Med: 7.45   Max: 28.51
Current: 26.57

During the past years, Aselsan Elektroniknayi Ve Ticaret AS's highest Cyclically Adjusted PS Ratio was 28.51. The lowest was 4.51. And the median was 7.45.

IST:ASELS's Cyclically Adjusted PS Ratio is ranked worse than
96.88% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.295 vs IST:ASELS: 26.57

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.

Aselsan Elektroniknayi Ve Ticaret AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺7.523. 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 ₺15.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aselsan Elektroniknayi Ve Ticaret AS  (IST:ASELS) 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.


Aselsan Elektroniknayi Ve Ticaret AS Cyclically Adjusted PS Ratio Related Terms


Aselsan Elektroniknayi Ve Ticaret AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aselsan Elektroniknayi 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.

Aselsan Elektroniknayi Ve Ticaret AS Cyclically Adjusted PS Ratio Chart

Aselsan Elektroniknayi 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 5.50 9.04 7.01 7.35 16.51

Aselsan Elektroniknayi Ve Ticaret 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 11.29 13.29 17.72 16.51 21.30

IST:ASELS vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Aselsan Elektroniknayi 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.


Aselsan Elektroniknayi Ve Ticaret AS Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:ASELS
79GF Score
Aselsan Elektronik Sanayi Ve Ticaret AS IST:ASELS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aselsan Elektroniknayi 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.

Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=399.50/15.03
=26.58

* 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.

Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aselsan Elektroniknayi Ve Ticaret 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)
=7.523/330.2130*330.2130
=7.523

Current CPI (Mar. 2026) = 330.2130.

Aselsan Elektroniknayi Ve Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.195 241.018 0.267
201609 0.184 241.428 0.252
201612 0.405 241.432 0.554
201703 0.269 243.801 0.364
201706 0.284 244.955 0.383
201709 0.310 246.819 0.415
201712 0.490 246.524 0.656
201803 0.341 249.554 0.451
201806 0.462 251.989 0.605
201809 0.411 252.439 0.538
201812 0.832 251.233 1.094
201903 0.438 254.202 0.569
201906 0.576 256.143 0.743
201909 0.663 256.759 0.853
201912 1.177 256.974 1.512
202003 0.569 258.115 0.728
202006 0.578 257.797 0.740
202009 0.700 260.280 0.888
202012 1.685 260.474 2.136
202103 0.696 264.877 0.868
202106 0.834 271.696 1.014
202109 0.728 274.310 0.876
202112 2.159 278.802 2.557
202203 0.957 287.504 1.099
202206 1.420 296.311 1.582
202209 1.510 296.808 1.680
202212 10.775 296.797 11.988
202303 3.158 301.836 3.455
202306 3.812 305.109 4.126
202309 3.756 307.789 4.030
202312 18.518 306.746 19.935
202403 4.585 312.332 4.847
202406 5.718 314.175 6.010
202409 6.376 315.301 6.678
202412 16.756 315.605 17.532
202503 6.541 319.799 6.754
202506 6.480 322.561 6.634
202509 7.266 324.800 7.387
202512 19.643 324.054 20.016
202603 7.523 330.213 7.523

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 26.58 mean?
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Cyclically Adjusted PS Ratio of 26.58 as of Jul. 05, 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. This is 257% above median its historical median of 7.45. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio has ranged from 4.51 to 28.51. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #217 out of 224 companies in the Aerospace & Defense industry, placing it in the top 96.9%.
Is Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio of 26.58 is 257% above median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 28.51. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.30. Aselsan Elektroniknayi Ve Ticaret AS's value of 26.58 is 706.7% above this industry median. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #217 out of 224 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #217 out of 224 companies for Cyclically Adjusted PS Ratio. This places Aselsan Elektroniknayi Ve Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.30. Aselsan Elektroniknayi Ve Ticaret AS's value of 26.58 is 706.7% above this benchmark. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own Cyclically Adjusted PS Ratio has ranged from 4.51 to 28.51 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 3.30, Aselsan Elektroniknayi Ve Ticaret 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.30, based on 224 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. Aselsan Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio of 26.58 is 706.7% 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 Aselsan Elektroniknayi Ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current Cyclically Adjusted PS Ratio is 26.58, which is 257% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺114.79, compared to a current price of ₺399.50 — trading 248% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 26.58, which is 257% above median its 10-year median of 7.45 and 706.7% above the Aerospace & Defense industry median of 3.30. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Cyclically Adjusted PS Ratio is 26.58 as of Jul. 05, 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?

Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺399.50 is trading 248% above its estimated GF Value™ of ₺114.79. GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:ASELS:

  • Cyclically Adjusted PS Ratio: 26.58 (257% above median its 10-year median of 7.45)
  • GF Value™: ₺114.79 vs. price of ₺399.50 (248% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 706.7% above the Aerospace & Defense median (#217 of 224)

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


Aselsan Elektroniknayi Ve Ticaret AS Business Description

Address Mehmet Akif Ersoy Mahallesi 296, Cadde No.16, Yenimahalle, Ankara, TUR, 06370
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score

Get the complete analysis for IST:ASELS

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

₺399.50
Price
₺114.79
GF Value