Coca Cola Icecek AS (IST:CCOLA) Cyclically Adjusted PS Ratio: 2.58 (As of Sep. 11, 2026) — Near Median

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IST:CCOLA Coca Cola Icecek AS IST:CCOLA
84 GF Score
Price ₺79.50
GF Value ₺70.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Coca Cola Icecek AS Cyclically Adjusted PS Ratio?

Coca Cola Icecek AS IST:CCOLA -0.62% 84 Cyclically Adjusted PS Ratio is 2.58 as of Sep. 11, 2026, which is 8% above its 10-year median of 2.38. GuruFocus rates IST:CCOLA with a GF Score™ of 84/100 and a GF Value™ of ₺70.71 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 83 Beverages - Non-Alcoholic companies, Coca Cola Icecek AS ranks worse than 75.9% on this metric.

As of today (2026-09-11), Coca Cola Icecek AS's current share price is ₺79.50. Coca Cola Icecek AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺30.79. Coca Cola Icecek AS's Cyclically Adjusted PS Ratio for today is 2.58.

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

IST:CCOLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.38   Max: 5.5
Current: 2.57

During the past years, Coca Cola Icecek AS's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 1.09. And the median was 2.38.

IST:CCOLA's Cyclically Adjusted PS Ratio is ranked worse than
75.9% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.61 vs IST:CCOLA: 2.57

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.

Coca Cola Icecek AS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺24.023. 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 ₺30.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca Cola Icecek AS  (IST:CCOLA) 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.


Coca Cola Icecek AS Cyclically Adjusted PS Ratio Related Terms


Coca Cola Icecek AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Coca Cola Icecek 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.

Coca Cola Icecek AS Cyclically Adjusted PS Ratio Chart

Coca Cola Icecek 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 2.12 2.58 3.94 3.27 2.27

Coca Cola Icecek 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 2.18 1.88 2.27 2.50 2.70

IST:CCOLA vs KO, PEP, MNST: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek 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.


Coca Cola Icecek AS Cyclically Adjusted PS Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's Cyclically Adjusted PS Ratio falls into.


IST:CCOLA
84GF Score
Coca Cola Icecek AS IST:CCOLA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coca Cola Icecek 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.

Coca Cola Icecek AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.50/30.79
=2.58

* 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.

Coca Cola Icecek AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Coca Cola Icecek 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)
=24.023/333.9520*333.9520
=24.023

Current CPI (Jun. 2026) = 333.9520.

Coca Cola Icecek AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.802 241.428 1.109
201612 0.491 241.432 0.679
201703 0.556 243.801 0.762
201706 0.915 244.955 1.247
201709 0.983 246.819 1.330
201712 0.546 246.524 0.740
201803 0.655 249.554 0.877
201806 1.114 251.989 1.476
201809 1.312 252.439 1.736
201812 0.715 251.233 0.950
201903 0.777 254.202 1.021
201906 1.371 256.143 1.787
201909 1.375 256.759 1.788
201912 0.768 256.974 0.998
202003 0.937 258.115 1.212
202006 1.291 257.797 1.672
202009 1.777 260.280 2.280
202012 1.138 260.474 1.459
202103 1.339 264.877 1.688
202106 2.081 271.696 2.558
202109 2.428 274.310 2.956
202112 1.989 278.802 2.382
202203 3.097 287.504 3.597
202206 5.251 296.311 5.918
202209 6.223 296.808 7.002
202212 18.734 296.797 21.079
202303 9.453 301.836 10.459
202306 14.051 305.109 15.379
202309 14.466 307.789 15.696
202312 11.206 306.746 12.200
202403 13.440 312.332 14.370
202406 17.665 314.175 18.777
202409 17.488 315.301 18.522
202412 12.612 315.605 13.345
202503 16.911 319.799 17.659
202506 22.730 322.561 23.533
202509 18.656 324.800 19.182
202512 15.018 324.054 15.477
202603 18.716 330.213 18.928
202606 24.023 333.952 24.023

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 2.58 mean?
Coca Cola Icecek AS (IST:CCOLA) has a Cyclically Adjusted PS Ratio of 2.58 as of Sep. 11, 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 Coca Cola Icecek AS and its competitors. This is near median its historical median of 2.38. Over the past decade, Coca Cola Icecek AS's Cyclically Adjusted PS Ratio has ranged from 1.09 to 5.50. According to the industry distribution chart, Coca Cola Icecek AS ranks #63 out of 83 companies in the Beverages - Non-Alcoholic industry, placing it in the top 75.9%.
Is Coca Cola Icecek AS's Cyclically Adjusted PS Ratio too high?
Coca Cola Icecek AS's current Cyclically Adjusted PS Ratio of 2.58 is near median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 5.50. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PS Ratio is 1.61. Coca Cola Icecek AS's value of 2.58 is 60.2% above this industry median. Based on the distribution chart, Coca Cola Icecek AS ranks #63 out of 83 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Coca Cola Icecek AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca Cola Icecek AS's Cyclically Adjusted PS Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca Cola Icecek AS ranks #63 out of 83 companies for Cyclically Adjusted PS Ratio. This places Coca Cola Icecek AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.61. Coca Cola Icecek AS's value of 2.58 is 60.2% above this benchmark. Historically, Coca Cola Icecek AS's own Cyclically Adjusted PS Ratio has ranged from 1.09 to 5.50 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.61, Coca Cola Icecek 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PS Ratio among Beverages - Non-Alcoholic companies is 1.61, based on 83 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. Coca Cola Icecek AS's current Cyclically Adjusted PS Ratio of 2.58 is 60.2% 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 Coca Cola Icecek AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PS Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca Cola Icecek AS's current Cyclically Adjusted PS Ratio is 2.58, which is near median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca Cola Icecek AS stock overvalued right now?
Based on GuruFocus' analysis, Coca Cola Icecek AS (IST:CCOLA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺70.71, compared to a current price of ₺79.50 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.58, which is near median its 10-year median of 2.38 and 60.2% above the Beverages - Non-Alcoholic industry median of 1.61. Coca Cola Icecek AS's overall GF Score™ is 84/100 with 3 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 Coca Cola Icecek AS (IST:CCOLA), the current Cyclically Adjusted PS Ratio is 2.58 as of Sep. 11, 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 Coca Cola Icecek AS (IST:CCOLA) Overvalued in 2026?

Based on GuruFocus' analysis, Coca Cola Icecek AS stock appears to be overvalued. The current stock price of ₺79.50 is trading 12.4% above its estimated GF Value™ of ₺70.71. GuruFocus considers Coca Cola Icecek AS to be Modestly Overvalued.

Key valuation signals for IST:CCOLA:

  • Cyclically Adjusted PS Ratio: 2.58 (near median its 10-year median of 2.38)
  • GF Value™: ₺70.71 vs. price of ₺79.50 (12.4% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 60.2% above the Beverages - Non-Alcoholic median (#63 of 83)

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


Coca Cola Icecek AS Business Description

Other Exchanges COLZF:USA
Address Dudullu OSB Mahallesi Deniz Feneri Sokak, No: 4, Umraniye, Istanbul, TUR, 34775
Coca Cola Icecek AS is an exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, the Middle East, and other regions. The brands of the company include Coca-Cola, Fanta, Sprite, Costa Coffee, Crush, Crystal Cola, and others. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey.
84GF Score

Get the complete analysis for IST:CCOLA

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

₺79.50
Price
₺70.71
GF Value