Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Cyclically Adjusted PS Ratio: (As of Sep. 03, 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:EKGYO Emlak Konut Gayrimenkul Yatirim Ortakligi AS IST:EKGYO
61 GF Score
Price ₺20.06
GF Value ₺26.82
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emlak Konut Gayrimenkul Yatirim Ortakligi AS  (IST:EKGYO) 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Emlak Konut 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Emlak Konut 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 1.93 5.33 2.67 3.71 3.19

Emlak Konut Gayrimenkul Yatirim Ortakligi 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 3.50 3.58 3.19 2.72 0.00

IST:EKGYO vs VMRK, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Emlak Konut 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio vs REITs Industry

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

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


IST:EKGYO
61GF Score
Emlak Konut Gayrimenkul Yatirim Ortakligi AS IST:EKGYO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emlak Konut 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.

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

For example, Emlak Konut Gayrimenkul Yatirim Ortakligi 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)
=8.09/333.9520*333.9520
=8.090

Current CPI (Jun. 2026) = 333.9520.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.481 241.428 0.665
201612 0.107 241.432 0.148
201703 0.235 243.801 0.322
201706 0.139 244.955 0.190
201709 0.392 246.819 0.530
201712 0.299 246.524 0.405
201803 0.397 249.554 0.531
201806 0.237 251.989 0.314
201809 0.096 252.439 0.127
201812 0.346 251.233 0.460
201903 0.338 254.202 0.444
201906 0.558 256.143 0.728
201909 0.105 256.759 0.137
201912 0.517 256.974 0.672
202003 0.169 258.115 0.219
202006 0.177 257.797 0.229
202009 0.621 260.280 0.797
202012 0.265 260.474 0.340
202103 0.346 264.877 0.436
202106 0.624 271.696 0.767
202109 0.561 274.310 0.683
202112 0.313 278.802 0.375
202203 0.605 287.504 0.703
202206 0.657 296.311 0.740
202209 0.250 296.808 0.281
202212 3.568 296.797 4.015
202303 2.335 301.836 2.583
202306 3.458 305.109 3.785
202309 1.149 307.789 1.247
202312 3.044 306.746 3.314
202403 0.819 312.332 0.876
202406 1.796 314.175 1.909
202409 3.022 315.301 3.201
202412 5.164 315.605 5.464
202503 7.854 319.799 8.202
202506 8.245 322.561 8.536
202509 3.735 324.800 3.840
202512 9.058 324.054 9.335
202603 5.563 330.213 5.626
202606 8.090 333.952 8.090

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.

Is Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Emlak Konut Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺20.06 is trading 25.2% below its estimated GF Value™ of ₺26.82. GuruFocus considers Emlak Konut Gayrimenkul Yatirim Ortakligi AS to be Modestly Undervalued.

Key valuation signals for IST:EKGYO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₺26.82 vs. price of ₺20.06 (25.2% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Barbaros Mahallesi, Mor Sumbul Sokak No. 7/2 B, Atasehir, Istanbul, TUR
Emlak Konut Gayrimenkul Yatirim Ortakligi AS is a Turkish real estate investment trust. The company is engaged in the development and leasing of housing units in urban areas throughout Turkey. It focuses on executing real estate property projects mostly housing, besides, commercial units, educational units, social facilities, and all related aspects, controlling and building audit services of the ongoing projects, marketing and selling the finished housing. The vast majority of the company's total revenue is derived from revenue-sharing projects in which property income is shared between multiple contractors.
61GF Score

Get the complete analysis for IST:EKGYO

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

₺20.06
Price
₺26.82
GF Value