DOGUS Gayrimenkul Yatirim Ortakligi AS (IST:DGGYO) Cyclically Adjusted PS Ratio: 24.01 (As of Aug. 07, 2026) — 35% Below Median

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IST:DGGYO DOGUS Gayrimenkul Yatirim Ortakligi AS IST:DGGYO
61 GF Score
Price ₺34.34
GF Value ₺50.50
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is DOGUS Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

DOGUS Gayrimenkul Yatirim Ortakligi AS IST:DGGYO -3.49% 61 Cyclically Adjusted PS Ratio is 24.01 as of Aug. 07, 2026, which is 35% below its 10-year median of 37.21. GuruFocus rates IST:DGGYO with a GF Score™ of 61/100 and a GF Value™ of ₺50.50 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 545 REITs companies, DOGUS Gayrimenkul Yatirim Ortakligi AS ranks worse than 98.35% on this metric.

As of today (2026-08-07), DOGUS Gayrimenkul Yatirim Ortakligi AS's current share price is ₺34.34. DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺1.43. DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 24.01.

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

IST:DGGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.28   Med: 37.21   Max: 97.44
Current: 26.77

During the past years, DOGUS Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 97.44. The lowest was 12.28. And the median was 37.21.

IST:DGGYO's Cyclically Adjusted PS Ratio is ranked worse than
98.35% of 545 companies
in the REITs industry
Industry Median: 5.85 vs IST:DGGYO: 26.77

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.

DOGUS Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺0.969. 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 ₺1.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DOGUS Gayrimenkul Yatirim Ortakligi AS  (IST:DGGYO) 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.


DOGUS Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms


DOGUS Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DOGUS Gayrimenkul Yatirim Ortakligi 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.

DOGUS Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

DOGUS Gayrimenkul Yatirim Ortakligi 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 34.92 44.38 43.34 47.76 24.17

DOGUS Gayrimenkul Yatirim Ortakligi 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 34.11 26.53 26.64 24.17 19.39

IST:DGGYO vs VICI, WPC: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, DOGUS Gayrimenkul Yatirim Ortakligi 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.


DOGUS Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.


IST:DGGYO
61GF Score
DOGUS Gayrimenkul Yatirim Ortakligi AS IST:DGGYO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DOGUS Gayrimenkul Yatirim Ortakligi 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.

DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.34/1.43
=24.01

* 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.

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

For example, DOGUS Gayrimenkul Yatirim Ortakligi 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)
=0.969/330.2130*330.2130
=0.969

Current CPI (Mar. 2026) = 330.2130.

DOGUS Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.046 241.018 0.063
201609 0.048 241.428 0.066
201612 0.056 241.432 0.077
201703 0.056 243.801 0.076
201706 0.059 244.955 0.080
201709 0.056 246.819 0.075
201712 0.055 246.524 0.074
201803 0.067 249.554 0.089
201806 0.070 251.989 0.092
201809 0.079 252.439 0.103
201812 0.083 251.233 0.109
201903 0.087 254.202 0.113
201906 0.115 256.143 0.148
201909 0.116 256.759 0.149
201912 0.107 256.974 0.137
202003 0.111 258.115 0.142
202006 0.085 257.797 0.109
202009 0.098 260.280 0.124
202012 0.097 260.474 0.123
202103 0.123 264.877 0.153
202106 0.128 271.696 0.156
202109 0.120 274.310 0.144
202112 0.130 278.802 0.154
202203 0.139 287.504 0.160
202206 0.201 296.311 0.224
202209 0.193 296.808 0.215
202212 0.903 296.797 1.005
202303 0.428 301.836 0.468
202306 0.774 305.109 0.838
202309 0.340 307.789 0.365
202312 0.697 306.746 0.750
202403 0.622 312.332 0.658
202406 0.734 314.175 0.771
202409 0.747 315.301 0.782
202412 0.915 315.605 0.957
202503 0.872 319.799 0.900
202506 0.790 322.561 0.809
202509 0.834 324.800 0.848
202512 1.014 324.054 1.033
202603 0.969 330.213 0.969

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 24.01 mean?
DOGUS Gayrimenkul Yatirim Ortakligi AS (IST:DGGYO) has a Cyclically Adjusted PS Ratio of 24.01 as of Aug. 07, 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 DOGUS Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 35% below median its historical median of 37.21. Over the past decade, DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio has ranged from 12.28 to 97.44. According to the industry distribution chart, DOGUS Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 545 companies in the REITs industry, placing it in the top 98.3%.
Is DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio too high?
DOGUS Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 24.01 is 35% below median its 10-year median of 37.21. Over the past 10 years, this metric has ranged from a low of 12.28 to a high of 97.44. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. DOGUS Gayrimenkul Yatirim Ortakligi AS's value of 24.01 is 310.4% above this industry median. Based on the distribution chart, DOGUS Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 545 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, DOGUS Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DOGUS Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, DOGUS Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 545 companies for Cyclically Adjusted PS Ratio. This places DOGUS Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. DOGUS Gayrimenkul Yatirim Ortakligi AS's value of 24.01 is 310.4% above this benchmark. Historically, DOGUS Gayrimenkul Yatirim Ortakligi AS's own Cyclically Adjusted PS Ratio has ranged from 12.28 to 97.44 over the past decade. While the company's 10-year median is 37.21 vs. the industry median of 5.85, DOGUS Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.85, based on 545 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. DOGUS Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 24.01 is 310.4% 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 DOGUS Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOGUS Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio is 24.01, which is 35% below median its own 10-year median of 37.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOGUS Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, DOGUS Gayrimenkul Yatirim Ortakligi AS (IST:DGGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺50.50, compared to a current price of ₺34.34 — trading 32% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 24.01, which is 35% below median its 10-year median of 37.21 and 310.4% above the REITs industry median of 5.85. DOGUS Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 61/100 with 5 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 DOGUS Gayrimenkul Yatirim Ortakligi AS (IST:DGGYO), the current Cyclically Adjusted PS Ratio is 24.01 as of Aug. 07, 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 DOGUS Gayrimenkul Yatirim Ortakligi AS (IST:DGGYO) Overvalued in 2026?

Based on GuruFocus' analysis, DOGUS Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺34.34 is trading 32% below its estimated GF Value™ of ₺50.50. GuruFocus considers DOGUS Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:DGGYO:

  • Cyclically Adjusted PS Ratio: 24.01 (35% below median its 10-year median of 37.21)
  • GF Value™: ₺50.50 vs. price of ₺34.34 (32% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 310.4% above the REITs median (#536 of 545)

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


DOGUS Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Dogus Power Center Maslak, Maslak Mah, Ahi Evran Caddesi Number 4/7, Maslak, Sariyer, Istanbul, TUR, 34398
DOGUS Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust based in Turkey. The company has operations in the residential, commercial and Retail sectors. Its portfolio comprises of Dogus Center Maslak, Dogus Center Etiler, Gebze Center Shopping Center, Gebze Center- Hotel and Gebze Center - Automotive Showroom and Service.
61GF Score

Get the complete analysis for IST:DGGYO

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

₺34.34
Price
₺50.50
GF Value