Hektas Ticaret AS (IST:HEKTS) Cyclically Adjusted PS Ratio: 4.86 (As of Aug. 20, 2026) — 69% Below Median

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IST:HEKTS Hektas Ticaret AS IST:HEKTS
56 GF Score
Price ₺2.82
GF Value ₺3.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hektas Ticaret AS Cyclically Adjusted PS Ratio?

Hektas Ticaret AS IST:HEKTS 56 Cyclically Adjusted PS Ratio is 4.86 as of Aug. 20, 2026, which is 69% below its 10-year median of 15.58. GuruFocus rates IST:HEKTS with a GF Score™ of 56/100 and a GF Value™ of ₺3.26 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 200 Agriculture companies, Hektas Ticaret AS ranks worse than 89% on this metric.

As of today (2026-08-20), Hektas Ticaret AS's current share price is ₺2.82. Hektas Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺0.58. Hektas Ticaret AS's Cyclically Adjusted PS Ratio for today is 4.86.

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

IST:HEKTS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.82   Med: 15.58   Max: 120.12
Current: 4.82

During the past years, Hektas Ticaret AS's highest Cyclically Adjusted PS Ratio was 120.12. The lowest was 4.82. And the median was 15.58.

IST:HEKTS's Cyclically Adjusted PS Ratio is ranked worse than
89% of 200 companies
in the Agriculture industry
Industry Median: 0.985 vs IST:HEKTS: 4.82

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.

Hektas Ticaret AS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺0.252. 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 ₺0.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hektas Ticaret AS  (IST:HEKTS) 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.


Hektas Ticaret AS Cyclically Adjusted PS Ratio Related Terms


Hektas Ticaret AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hektas Ticaret 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.

Hektas Ticaret AS Cyclically Adjusted PS Ratio Chart

Hektas Ticaret 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 28.20 62.36 21.41 9.04 5.90

Hektas Ticaret 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 6.63 7.33 5.90 5.16 5.64

IST:HEKTS vs CTVA, CF, MOS: Cyclically Adjusted PS Ratio Comparison

For the Agricultural Inputs subindustry, Hektas Ticaret 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.


Hektas Ticaret AS Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hektas Ticaret AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hektas Ticaret AS's Cyclically Adjusted PS Ratio falls into.


IST:HEKTS
56GF Score
Hektas Ticaret AS IST:HEKTS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hektas Ticaret 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.

Hektas Ticaret AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.82/0.58
=4.86

* 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.

Hektas Ticaret AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hektas Ticaret 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)
=0.252/333.9520*333.9520
=0.252

Current CPI (Jun. 2026) = 333.9520.

Hektas Ticaret AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.003 241.428 0.004
201612 0.001 241.432 0.001
201703 0.009 243.801 0.012
201706 0.007 244.955 0.010
201709 0.004 246.819 0.005
201712 0.004 246.524 0.005
201803 0.015 249.554 0.020
201806 0.013 251.989 0.017
201809 0.011 252.439 0.015
201812 0.008 251.233 0.011
201903 0.025 254.202 0.033
201906 0.019 256.143 0.025
201909 0.013 256.759 0.017
201912 0.011 256.974 0.014
202003 0.023 258.115 0.030
202006 0.017 257.797 0.022
202009 0.020 260.280 0.026
202012 0.026 260.474 0.033
202103 0.037 264.877 0.047
202106 0.039 271.696 0.048
202109 0.062 274.310 0.075
202112 0.071 278.802 0.085
202203 0.128 287.504 0.149
202206 0.416 296.311 0.469
202209 0.217 296.808 0.244
202212 0.844 296.797 0.950
202303 0.351 301.836 0.388
202306 0.394 305.109 0.431
202309 0.260 307.789 0.282
202312 0.135 306.746 0.147
202403 0.253 312.332 0.271
202406 0.224 314.175 0.238
202409 0.176 315.301 0.186
202412 0.167 315.605 0.177
202503 0.324 319.799 0.338
202506 0.234 322.561 0.242
202509 0.116 324.800 0.119
202512 0.139 324.054 0.143
202603 0.264 330.213 0.267
202606 0.252 333.952 0.252

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 4.86 mean?
Hektas Ticaret AS (IST:HEKTS) has a Cyclically Adjusted PS Ratio of 4.86 as of Aug. 20, 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 Hektas Ticaret AS and its competitors. This is 69% below median its historical median of 15.58. Over the past decade, Hektas Ticaret AS's Cyclically Adjusted PS Ratio has ranged from 4.82 to 120.12. According to the industry distribution chart, Hektas Ticaret AS ranks #178 out of 200 companies in the Agriculture industry, placing it in the top 89%.
Is Hektas Ticaret AS's Cyclically Adjusted PS Ratio too high?
Hektas Ticaret AS's current Cyclically Adjusted PS Ratio of 4.86 is 69% below median its 10-year median of 15.58. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 120.12. The Agriculture industry median Cyclically Adjusted PS Ratio is 0.99. Hektas Ticaret AS's value of 4.86 is 393.4% above this industry median. Based on the distribution chart, Hektas Ticaret AS ranks #178 out of 200 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Hektas Ticaret AS has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hektas Ticaret AS's Cyclically Adjusted PS Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Hektas Ticaret AS ranks #178 out of 200 companies for Cyclically Adjusted PS Ratio. This places Hektas Ticaret AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.99. Hektas Ticaret AS's value of 4.86 is 393.4% above this benchmark. Historically, Hektas Ticaret AS's own Cyclically Adjusted PS Ratio has ranged from 4.82 to 120.12 over the past decade. While the company's 10-year median is 15.58 vs. the industry median of 0.99, Hektas Ticaret 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 Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 0.99, based on 200 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. Hektas Ticaret AS's current Cyclically Adjusted PS Ratio of 4.86 is 393.4% 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 Hektas Ticaret AS and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hektas Ticaret AS's current Cyclically Adjusted PS Ratio is 4.86, which is 69% below median its own 10-year median of 15.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hektas Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Hektas Ticaret AS (IST:HEKTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.26, compared to a current price of ₺2.82 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.86, which is 69% below median its 10-year median of 15.58 and 393.4% above the Agriculture industry median of 0.99. Hektas Ticaret AS's overall GF Score™ is 56/100 with 4 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 Hektas Ticaret AS (IST:HEKTS), the current Cyclically Adjusted PS Ratio is 4.86 as of Aug. 20, 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 Hektas Ticaret AS (IST:HEKTS) Overvalued in 2026?

Based on GuruFocus' analysis, Hektas Ticaret AS stock appears to be undervalued. The current stock price of ₺2.82 is trading 13.5% below its estimated GF Value™ of ₺3.26. GuruFocus considers Hektas Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:HEKTS:

  • Cyclically Adjusted PS Ratio: 4.86 (69% below median its 10-year median of 15.58)
  • GF Value™: ₺3.26 vs. price of ₺2.82 (13.5% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 393.4% above the Agriculture median (#178 of 200)

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


Hektas Ticaret AS Business Description

Address Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480
Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.
56GF Score

Get the complete analysis for IST:HEKTS

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

₺2.82
Price
₺3.26
GF Value