Global Menkul Degerler AS (IST:GLBMD) Cyclically Adjusted PS Ratio: 0.09 (As of Jul. 22, 2026) — 80% Above Median

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IST:GLBMD Global Menkul Degerler AS IST:GLBMD
63 GF Score
Price ₺13.22
GF Value ₺13.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Global Menkul Degerler AS Cyclically Adjusted PS Ratio?

Global Menkul Degerler AS IST:GLBMD -2.07% 63 Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 2026, which is 80% above its 10-year median of 0.05. GuruFocus rates IST:GLBMD with a GF Score™ of 63/100 and a GF Value™ of ₺13.01 (Fairly Valued). The stock has 2 warning signs investors should review. Among 605 Capital Markets companies, Global Menkul Degerler AS ranks better than 96.03% on this metric.

As of today (2026-07-22), Global Menkul Degerler AS's current share price is ₺13.22. Global Menkul Degerler AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺150.40. Global Menkul Degerler AS's Cyclically Adjusted PS Ratio for today is 0.09.

The historical rank and industry rank for Global Menkul Degerler AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:GLBMD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.14
Current: 0.09

During the past years, Global Menkul Degerler AS's highest Cyclically Adjusted PS Ratio was 0.14. The lowest was 0.02. And the median was 0.05.

IST:GLBMD's Cyclically Adjusted PS Ratio is ranked better than
96.03% of 605 companies
in the Capital Markets industry
Industry Median: 3.34 vs IST:GLBMD: 0.09

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.

Global Menkul Degerler AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺72.489. 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 ₺150.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Menkul Degerler AS  (IST:GLBMD) 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.


Global Menkul Degerler AS Cyclically Adjusted PS Ratio Related Terms


Global Menkul Degerler AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Global Menkul Degerler 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.

Global Menkul Degerler AS Cyclically Adjusted PS Ratio Chart

Global Menkul Degerler 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 0.02 0.05 0.11 0.09 0.10

Global Menkul Degerler 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 0.07 0.08 0.09 0.10 0.08

IST:GLBMD vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Global Menkul Degerler 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.


Global Menkul Degerler AS Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Menkul Degerler AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Global Menkul Degerler AS's Cyclically Adjusted PS Ratio falls into.


IST:GLBMD
63GF Score
Global Menkul Degerler AS IST:GLBMD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Menkul Degerler 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.

Global Menkul Degerler AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.22/150.40
=0.09

* 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.

Global Menkul Degerler AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Global Menkul Degerler 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)
=72.489/330.2130*330.2130
=72.489

Current CPI (Mar. 2026) = 330.2130.

Global Menkul Degerler AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 18.097 241.018 24.794
201609 14.283 241.428 19.536
201612 14.717 241.432 20.129
201703 18.811 243.801 25.478
201706 17.877 244.955 24.099
201709 18.160 246.819 24.296
201712 17.197 246.524 23.035
201803 19.906 249.554 26.340
201806 13.869 251.989 18.174
201809 15.153 252.439 19.821
201812 16.514 251.233 21.705
201903 15.096 254.202 19.610
201906 9.665 256.143 12.460
201909 11.286 256.759 14.515
201912 26.868 256.974 34.526
202003 39.408 258.115 50.416
202006 43.844 257.797 56.160
202009 7.815 260.280 9.915
202012 0.472 260.474 0.598
202103 23.527 264.877 29.330
202106 11.932 271.696 14.502
202109 20.123 274.310 24.224
202112 14.609 278.802 17.303
202203 14.855 287.504 17.062
202206 22.188 296.311 24.727
202209 25.433 296.808 28.295
202212 106.502 296.797 118.493
202303 61.659 301.836 67.456
202306 45.331 305.109 49.061
202309 53.466 307.789 57.361
202312 56.356 306.746 60.667
202403 61.338 312.332 64.850
202406 49.686 314.175 52.222
202409 48.275 315.301 50.558
202412 62.215 315.605 65.095
202503 69.829 319.799 72.103
202506 44.490 322.561 45.545
202509 63.506 324.800 64.564
202512 61.346 324.054 62.512
202603 72.489 330.213 72.489

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 0.09 mean?
Global Menkul Degerler AS (IST:GLBMD) has a Cyclically Adjusted PS Ratio of 0.09 as of Jul. 22, 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 Global Menkul Degerler AS and its competitors. This is 80% above median its historical median of 0.05. Over the past decade, Global Menkul Degerler AS's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.14. According to the industry distribution chart, Global Menkul Degerler AS ranks #24 out of 605 companies in the Capital Markets industry, placing it in the top 4%.
Is Global Menkul Degerler AS's Cyclically Adjusted PS Ratio too high?
Global Menkul Degerler AS's current Cyclically Adjusted PS Ratio of 0.09 is 80% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.14. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.34. Global Menkul Degerler AS's value of 0.09 is 97.3% below this industry median. Based on the distribution chart, Global Menkul Degerler AS ranks #24 out of 605 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Global Menkul Degerler AS has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Menkul Degerler AS's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Global Menkul Degerler AS ranks #24 out of 605 companies for Cyclically Adjusted PS Ratio. This places Global Menkul Degerler AS in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.34. Global Menkul Degerler AS's value of 0.09 is 97.3% below this benchmark. Historically, Global Menkul Degerler AS's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.14 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 3.34, Global Menkul Degerler 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.34, based on 605 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. Global Menkul Degerler AS's current Cyclically Adjusted PS Ratio of 0.09 is 97.3% 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 Global Menkul Degerler AS and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Menkul Degerler AS's current Cyclically Adjusted PS Ratio is 0.09, which is 80% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Menkul Degerler AS stock overvalued right now?
Based on GuruFocus' analysis, Global Menkul Degerler AS (IST:GLBMD) is currently considered Fairly Valued. The stock's GF Value™ is ₺13.01, compared to a current price of ₺13.22 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 80% above median its 10-year median of 0.05 and 97.3% below the Capital Markets industry median of 3.34. Global Menkul Degerler AS's overall GF Score™ is 63/100 with 2 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 Global Menkul Degerler AS (IST:GLBMD), the current Cyclically Adjusted PS Ratio is 0.09 as of Jul. 22, 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 Global Menkul Degerler AS (IST:GLBMD) Overvalued in 2026?

Based on GuruFocus' analysis, Global Menkul Degerler AS stock appears to be overvalued. The current stock price of ₺13.22 is trading 1.6% above its estimated GF Value™ of ₺13.01. GuruFocus considers Global Menkul Degerler AS to be Fairly Valued.

Key valuation signals for IST:GLBMD:

  • Cyclically Adjusted PS Ratio: 0.09 (80% above median its 10-year median of 0.05)
  • GF Value™: ₺13.01 vs. price of ₺13.22 (1.6% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 97.3% below the Capital Markets median (#24 of 605)

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


Global Menkul Degerler AS Business Description

Address Agaoglu My Newwork, Barbaros Mah, No: 51 Karakoy, Ihlamur Bul. No: 3 / 89 K: 9, Atasehir, Istanbul, TUR, 34746
Global Menkul Degerler AS is an independent financial house, provides securities, corporate finance & fund management services. It offers brokerage services, investment, & research services.
63GF Score

Get the complete analysis for IST:GLBMD

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

₺13.22
Price
₺13.01
GF Value