Celik Halat ve Telnayii AS (IST:CELHA) Cyclically Adjusted PS Ratio: 4.33 (As of Jul. 23, 2026) — 172% Above Median

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IST:CELHA Celik Halat ve Tel Sanayii AS IST:CELHA
38 GF Score
Price ₺24.50
GF Value ₺6.65
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Celik Halat ve Telnayii AS Cyclically Adjusted PS Ratio?

Celik Halat ve Telnayii AS IST:CELHA -3.54% 38 Cyclically Adjusted PS Ratio is 4.33 as of Jul. 23, 2026, which is 172% above its 10-year median of 1.59. GuruFocus rates IST:CELHA with a GF Score™ of 38/100 and a GF Value™ of ₺6.65 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,298 Industrial Products companies, Celik Halat ve Telnayii AS ranks worse than 78.55% on this metric.

As of today (2026-07-23), Celik Halat ve Telnayii AS's current share price is ₺24.50. Celik Halat ve Telnayii AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺5.66. Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio for today is 4.33.

The historical rank and industry rank for Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:CELHA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.59   Max: 4.41
Current: 4.41

During the past years, Celik Halat ve Telnayii AS's highest Cyclically Adjusted PS Ratio was 4.41. The lowest was 0.49. And the median was 1.59.

IST:CELHA's Cyclically Adjusted PS Ratio is ranked worse than
78.55% of 2298 companies
in the Industrial Products industry
Industry Median: 1.745 vs IST:CELHA: 4.41

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.

Celik Halat ve Telnayii AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺1.485. 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 ₺5.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celik Halat ve Telnayii AS  (IST:CELHA) 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.


Celik Halat ve Telnayii AS Cyclically Adjusted PS Ratio Related Terms


Celik Halat ve Telnayii AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii AS Cyclically Adjusted PS Ratio Chart

Celik Halat ve Telnayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.08 2.55 2.10 1.59

Celik Halat ve Telnayii AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.59 1.40 1.34 1.75 1.59

IST:CELHA vs CRS, ATI, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Celik Halat ve Telnayii 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.


Celik Halat ve Telnayii AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio falls into.


IST:CELHA
38GF Score
Celik Halat ve Tel Sanayii AS IST:CELHA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celik Halat ve Telnayii 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.

Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.50/5.66
=4.33

* 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.

Celik Halat ve Telnayii AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Celik Halat ve Telnayii 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)
=1.485/330.2130*330.2130
=1.485

Current CPI (Mar. 2026) = 330.2130.

Celik Halat ve Telnayii AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.155 238.132 0.215
201606 0.192 241.018 0.263
201609 0.172 241.428 0.235
201612 0.197 241.432 0.269
201703 0.229 243.801 0.310
201706 0.256 244.955 0.345
201709 0.266 246.819 0.356
201712 0.300 246.524 0.402
201803 0.365 249.554 0.483
201806 0.402 251.989 0.527
201809 0.368 252.439 0.481
201812 0.318 251.233 0.418
201903 0.348 254.202 0.452
201906 0.417 256.143 0.538
201909 0.370 256.759 0.476
201912 0.332 256.974 0.427
202003 0.409 258.115 0.523
202006 0.221 257.797 0.283
202009 1.056 260.280 1.340
202012 0.482 260.474 0.611
202103 0.544 264.877 0.678
202106 0.848 271.696 1.031
202109 0.703 274.310 0.846
202112 1.015 278.802 1.202
202203 1.496 287.504 1.718
202206 1.585 296.311 1.766
202209 1.616 296.808 1.798
202212 7.371 296.797 8.201
202303 4.795 301.836 5.246
202306 2.740 305.109 2.965
202309 0.810 307.789 0.869
202312 3.483 306.746 3.749
202403 2.024 312.332 2.140
202406 1.677 314.175 1.763
202409 5.248 315.301 5.496
202412 0.536 315.605 0.561
202503 2.095 319.799 2.163
202506 2.194 322.561 2.246
202509 1.710 324.800 1.738
202603 1.485 330.213 1.485

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 4.33 mean?
Celik Halat ve Telnayii AS (IST:CELHA) has a Cyclically Adjusted PS Ratio of 4.33 as of Jul. 23, 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 Celik Halat ve Telnayii AS and its competitors. This is 172% above median its historical median of 1.59. Over the past decade, Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio has ranged from 0.49 to 4.41. According to the industry distribution chart, Celik Halat ve Telnayii AS ranks #1805 out of 2298 companies in the Industrial Products industry, placing it in the top 78.5%.
Is Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio too high?
Celik Halat ve Telnayii AS's current Cyclically Adjusted PS Ratio of 4.33 is 172% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 4.41. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.75. Celik Halat ve Telnayii AS's value of 4.33 is 148.1% above this industry median. Based on the distribution chart, Celik Halat ve Telnayii AS ranks #1805 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's Cyclically Adjusted PS Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Celik Halat ve Telnayii AS ranks #1805 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Celik Halat ve Telnayii AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.75. Celik Halat ve Telnayii AS's value of 4.33 is 148.1% above this benchmark. Historically, Celik Halat ve Telnayii AS's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 4.41 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.75, Celik Halat ve Telnayii 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.75, based on 2,298 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. Celik Halat ve Telnayii AS's current Cyclically Adjusted PS Ratio of 4.33 is 148.1% 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 Celik Halat ve Telnayii AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celik Halat ve Telnayii AS's current Cyclically Adjusted PS Ratio is 4.33, which is 172% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.65, compared to a current price of ₺24.50 — trading 268.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.33, which is 172% above median its 10-year median of 1.59 and 148.1% above the Industrial Products industry median of 1.75. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 9 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 Celik Halat ve Telnayii AS (IST:CELHA), the current Cyclically Adjusted PS Ratio is 4.33 as of Jul. 23, 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?

Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued. The current stock price of ₺24.50 is trading 268.4% above its estimated GF Value™ of ₺6.65. GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.

Key valuation signals for IST:CELHA:

  • Cyclically Adjusted PS Ratio: 4.33 (172% above median its 10-year median of 1.59)
  • GF Value™: ₺6.65 vs. price of ₺24.50 (268.4% above fair value)
  • GF Score™: 38/100 with 9 warning signs
  • Industry Position: 148.1% above the Industrial Products median (#1805 of 2298)

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


Celik Halat ve Telnayii AS Business Description

Address Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score

Get the complete analysis for IST:CELHA

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

₺24.50
Price
₺6.65
GF Value