Global Yatirim Holding AS (IST:GLYHO) Cyclically Adjusted PS Ratio: 2.77 (As of Jul. 12, 2026) — 95% Above Median


IST:GLYHO Global Yatirim Holding AS IST:GLYHO
41 GF Score
Price ₺17.23
GF Value ₺7.82
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Global Yatirim Holding AS Cyclically Adjusted PS Ratio?

Global Yatirim Holding AS IST:GLYHO -1.82% 41 Cyclically Adjusted PS Ratio is 2.77 as of Jul. 12, 2026, which is 95% above its 10-year median of 1.42. GuruFocus rates IST:GLYHO with a GF Score™ of 41/100 and a GF Value™ of ₺7.82 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 474 Conglomerates companies, Global Yatirim Holding AS ranks worse than 79.75% on this metric.

As of today (2026-07-12), Global Yatirim Holding AS's current share price is ₺17.23. Global Yatirim Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺6.22. Global Yatirim Holding AS's Cyclically Adjusted PS Ratio for today is 2.77.

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

IST:GLYHO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.42   Max: 3.22
Current: 2.77

During the past years, Global Yatirim Holding AS's highest Cyclically Adjusted PS Ratio was 3.22. The lowest was 0.60. And the median was 1.42.

IST:GLYHO's Cyclically Adjusted PS Ratio is ranked worse than
79.75% of 474 companies
in the Conglomerates industry
Industry Median: 0.81 vs IST:GLYHO: 2.77

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.

Global Yatirim Holding AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺4.058. 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 ₺6.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Yatirim Holding AS  (IST:GLYHO) 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 Yatirim Holding AS Cyclically Adjusted PS Ratio Related Terms


Global Yatirim Holding AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Global Yatirim Holding 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 Yatirim Holding AS Cyclically Adjusted PS Ratio Chart

Global Yatirim Holding 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 0.61 1.92 1.20 1.38 2.09

Global Yatirim Holding 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 1.57 1.62 1.54 2.09 2.23

IST:GLYHO vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Global Yatirim Holding 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 Yatirim Holding AS Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Yatirim Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:GLYHO
41GF Score
Global Yatirim Holding AS IST:GLYHO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Yatirim Holding 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 Yatirim Holding AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.23/6.22
=2.77

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

For example, Global Yatirim Holding 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)
=4.058/330.2130*330.2130
=4.058

Current CPI (Mar. 2026) = 330.2130.

Global Yatirim Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.245 241.018 0.336
201609 0.280 241.428 0.383
201612 0.213 241.432 0.291
201703 0.196 243.801 0.265
201706 0.165 244.955 0.222
201709 0.228 246.819 0.305
201712 0.196 246.524 0.263
201803 0.144 249.554 0.191
201806 0.271 251.989 0.355
201809 0.352 252.439 0.460
201812 0.341 251.233 0.448
201903 0.268 254.202 0.348
201906 0.397 256.143 0.512
201909 0.488 256.759 0.628
201912 0.309 256.974 0.397
202003 0.326 258.115 0.417
202006 0.396 257.797 0.507
202009 0.556 260.280 0.705
202012 0.312 260.474 0.396
202103 0.436 264.877 0.544
202106 0.364 271.696 0.442
202109 0.368 274.310 0.443
202112 0.553 278.802 0.655
202203 0.544 287.504 0.625
202206 0.920 296.311 1.025
202209 1.444 296.808 1.607
202212 5.625 296.797 6.258
202303 1.847 301.836 2.021
202306 1.978 305.109 2.141
202309 2.318 307.789 2.487
202312 3.035 306.746 3.267
202403 2.547 312.332 2.693
202406 2.723 314.175 2.862
202409 3.238 315.301 3.391
202412 4.945 315.605 5.174
202503 4.049 319.799 4.181
202506 3.099 322.561 3.173
202509 3.620 324.800 3.680
202512 3.948 324.054 4.023
202603 4.058 330.213 4.058

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 2.77 mean?
Global Yatirim Holding AS (IST:GLYHO) has a Cyclically Adjusted PS Ratio of 2.77 as of Jul. 12, 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 Yatirim Holding AS and its competitors. This is 95% above median its historical median of 1.42. Over the past decade, Global Yatirim Holding AS's Cyclically Adjusted PS Ratio has ranged from 0.60 to 3.22. According to the industry distribution chart, Global Yatirim Holding AS ranks #378 out of 474 companies in the Conglomerates industry, placing it in the top 79.7%.
Is Global Yatirim Holding AS's Cyclically Adjusted PS Ratio too high?
Global Yatirim Holding AS's current Cyclically Adjusted PS Ratio of 2.77 is 95% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 3.22. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.81. Global Yatirim Holding AS's value of 2.77 is 242% above this industry median. Based on the distribution chart, Global Yatirim Holding AS ranks #378 out of 474 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Global Yatirim Holding AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Yatirim Holding AS's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Global Yatirim Holding AS ranks #378 out of 474 companies for Cyclically Adjusted PS Ratio. This places Global Yatirim Holding AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.81. Global Yatirim Holding AS's value of 2.77 is 242% above this benchmark. Historically, Global Yatirim Holding AS's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 3.22 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.81, Global Yatirim Holding 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.81, based on 474 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 Yatirim Holding AS's current Cyclically Adjusted PS Ratio of 2.77 is 242% 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 Global Yatirim Holding AS and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Yatirim Holding AS's current Cyclically Adjusted PS Ratio is 2.77, which is 95% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Yatirim Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Global Yatirim Holding AS (IST:GLYHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.82, compared to a current price of ₺17.23 — trading 120.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.77, which is 95% above median its 10-year median of 1.42 and 242% above the Conglomerates industry median of 0.81. Global Yatirim Holding AS's overall GF Score™ is 41/100 with 11 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 Yatirim Holding AS (IST:GLYHO), the current Cyclically Adjusted PS Ratio is 2.77 as of Jul. 12, 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 Yatirim Holding AS (IST:GLYHO) Overvalued in 2026?

Based on GuruFocus' analysis, Global Yatirim Holding AS stock appears to be overvalued. The current stock price of ₺17.23 is trading 120.3% above its estimated GF Value™ of ₺7.82. GuruFocus considers Global Yatirim Holding AS to be Significantly Overvalued.

Key valuation signals for IST:GLYHO:

  • Cyclically Adjusted PS Ratio: 2.77 (95% above median its 10-year median of 1.42)
  • GF Value™: ₺7.82 vs. price of ₺17.23 (120.3% above fair value)
  • GF Score™: 41/100 with 11 warning signs
  • Industry Position: 242% above the Conglomerates median (#378 of 474)

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


Global Yatirim Holding AS Business Description

Address Buyukdere Caddesi 193, Block Number 193/2, Sisli, Istanbul, TUR, 34394
Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses.
41GF Score

Get the complete analysis for IST:GLYHO

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

₺17.23
Price
₺7.82
GF Value