Avrupa Yatirim Holding AS (IST:AVHOL) Cyclically Adjusted PS Ratio: 4.50 (As of Jul. 15, 2026) — 11% Below Median

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IST:AVHOL Avrupa Yatirim Holding AS IST:AVHOL
43 GF Score
Price ₺38.20
GF Value ₺33.56
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Avrupa Yatirim Holding AS Cyclically Adjusted PS Ratio?

Avrupa Yatirim Holding AS IST:AVHOL +2.08% 43 Cyclically Adjusted PS Ratio is 4.50 as of Jul. 15, 2026, which is 11% below its 10-year median of 5.05. GuruFocus rates IST:AVHOL with a GF Score™ of 43/100 and a GF Value™ of ₺33.56 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 902 Asset Management companies, Avrupa Yatirim Holding AS ranks better than 68.51% on this metric.

As of today (2026-07-15), Avrupa Yatirim Holding AS's current share price is ₺38.20. Avrupa Yatirim Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺8.49. Avrupa Yatirim Holding AS's Cyclically Adjusted PS Ratio for today is 4.50.

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

IST:AVHOL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.25   Med: 5.05   Max: 6.96
Current: 4.54

During the past years, Avrupa Yatirim Holding AS's highest Cyclically Adjusted PS Ratio was 6.96. The lowest was 4.25. And the median was 5.05.

IST:AVHOL's Cyclically Adjusted PS Ratio is ranked better than
68.51% of 902 companies
in the Asset Management industry
Industry Median: 7.66 vs IST:AVHOL: 4.54

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.

Avrupa Yatirim Holding AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺2.085. 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 ₺8.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avrupa Yatirim Holding AS  (IST:AVHOL) 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.


Avrupa Yatirim Holding AS Cyclically Adjusted PS Ratio Related Terms


Avrupa Yatirim Holding AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avrupa Yatirim 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.

Avrupa Yatirim Holding AS Cyclically Adjusted PS Ratio Chart

Avrupa Yatirim 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 0.00 0.00 0.00 4.85 4.48

Avrupa Yatirim 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 4.59 5.20 5.70 4.48 4.23

IST:AVHOL vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Avrupa Yatirim 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.


Avrupa Yatirim Holding AS Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Avrupa Yatirim Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Avrupa Yatirim 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.20/8.49
=4.50

* 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.

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

For example, Avrupa Yatirim 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)
=2.085/330.2130*330.2130
=2.085

Current CPI (Mar. 2026) = 330.2130.

Avrupa Yatirim Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201112 0.801 225.672 1.172
201203 0.546 229.392 0.786
201206 0.453 229.478 0.652
201209 0.396 231.407 0.565
201212 0.074 229.601 0.106
201306 0.723 233.504 1.022
201312 0.000 233.049 0.000
201406 0.409 238.343 0.567
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201806 0.000 251.989 0.000
201812 0.000 251.233 0.000
201906 0.000 256.143 0.000
201912 0.000 256.974 0.000
202006 0.094 257.797 0.120
202009 0.138 260.280 0.175
202012 0.186 260.474 0.236
202103 0.186 264.877 0.232
202106 0.065 271.696 0.079
202109 0.163 274.310 0.196
202112 0.902 278.802 1.068
202203 0.490 287.504 0.563
202206 0.749 296.311 0.835
202209 1.195 296.808 1.329
202212 2.755 296.797 3.065
202303 8.078 301.836 8.837
202306 2.728 305.109 2.952
202309 0.592 307.789 0.635
202312 5.149 306.746 5.543
202403 3.456 312.332 3.654
202406 10.318 314.175 10.845
202409 6.116 315.301 6.405
202412 0.011 315.605 0.012
202503 3.589 319.799 3.706
202506 3.462 322.561 3.544
202509 1.549 324.800 1.575
202512 3.156 324.054 3.216
202603 2.085 330.213 2.085

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 4.50 mean?
Avrupa Yatirim Holding AS (IST:AVHOL) has a Cyclically Adjusted PS Ratio of 4.50 as of Jul. 15, 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 Avrupa Yatirim Holding AS and its competitors. This is 11% below median its historical median of 5.05. Over the past decade, Avrupa Yatirim Holding AS's Cyclically Adjusted PS Ratio has ranged from 4.25 to 6.96. According to the industry distribution chart, Avrupa Yatirim Holding AS ranks #284 out of 902 companies in the Asset Management industry, placing it in the top 31.5%.
Is Avrupa Yatirim Holding AS's Cyclically Adjusted PS Ratio too high?
Avrupa Yatirim Holding AS's current Cyclically Adjusted PS Ratio of 4.50 is 11% below median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 6.96. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. Avrupa Yatirim Holding AS's value of 4.50 is 41.3% below this industry median. Based on the distribution chart, Avrupa Yatirim Holding AS ranks #284 out of 902 companies in the Asset Management industry, which is above the industry midpoint. Overall, Avrupa Yatirim 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 Avrupa Yatirim Holding AS's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Avrupa Yatirim Holding AS ranks #284 out of 902 companies for Cyclically Adjusted PS Ratio. This puts Avrupa Yatirim Holding AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. Avrupa Yatirim Holding AS's value of 4.50 is 41.3% below this benchmark. Historically, Avrupa Yatirim Holding AS's own Cyclically Adjusted PS Ratio has ranged from 4.25 to 6.96 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 7.66, Avrupa Yatirim Holding 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.66, based on 902 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. Avrupa Yatirim Holding AS's current Cyclically Adjusted PS Ratio of 4.50 is 41.3% 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 Avrupa Yatirim Holding AS and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avrupa Yatirim Holding AS's current Cyclically Adjusted PS Ratio is 4.50, which is 11% below median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avrupa Yatirim Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Avrupa Yatirim Holding AS (IST:AVHOL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺33.56, compared to a current price of ₺38.20 — trading 13.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.50, which is 11% below median its 10-year median of 5.05 and 41.3% below the Asset Management industry median of 7.66. Avrupa Yatirim Holding AS's overall GF Score™ is 43/100 with 6 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 Avrupa Yatirim Holding AS (IST:AVHOL), the current Cyclically Adjusted PS Ratio is 4.50 as of Jul. 15, 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 Avrupa Yatirim Holding AS (IST:AVHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Avrupa Yatirim Holding AS stock appears to be overvalued. The current stock price of ₺38.20 is trading 13.8% above its estimated GF Value™ of ₺33.56. GuruFocus considers Avrupa Yatirim Holding AS to be Modestly Overvalued.

Key valuation signals for IST:AVHOL:

  • Cyclically Adjusted PS Ratio: 4.50 (11% below median its 10-year median of 5.05)
  • GF Value™: ₺33.56 vs. price of ₺38.20 (13.8% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 41.3% below the Asset Management median (#284 of 902)

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


Avrupa Yatirim Holding AS Business Description

Address Merkez Mah. Aysıl Sok. No: 60, Arnavutkoy, Istanbul, TUR
Avrupa Yatirim Holding AS is an investment company. The company invests in strategic sectors such as health, energy, construction, and software. Its current investment are in the health and insurance sectors.
43GF Score

Get the complete analysis for IST:AVHOL

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

₺38.20
Price
₺33.56
GF Value