Hurriyet Gazetecilik ve Matbaacilik AS (IST:HURGZ) Cyclically Adjusted PS Ratio: 4.75 (As of Aug. 30, 2026) — 144% Above Median

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IST:HURGZ Hurriyet Gazetecilik ve Matbaacilik AS IST:HURGZ
36 GF Score
Price ₺7.26
GF Value ₺5.21
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hurriyet Gazetecilik ve Matbaacilik AS Cyclically Adjusted PS Ratio?

Hurriyet Gazetecilik ve Matbaacilik AS IST:HURGZ -5.71% 36 Cyclically Adjusted PS Ratio is 4.75 as of Aug. 30, 2026, which is 144% above its 10-year median of 1.95. GuruFocus rates IST:HURGZ with a GF Score™ of 36/100 and a GF Value™ of ₺5.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 731 Media - Diversified companies, Hurriyet Gazetecilik ve Matbaacilik AS ranks worse than 92.2% on this metric.

As of today (2026-08-30), Hurriyet Gazetecilik ve Matbaacilik AS's current share price is ₺7.26. Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺1.53. Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio for today is 4.75.

The historical rank and industry rank for Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:HURGZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 1.95   Max: 5.97
Current: 4.75

During the past years, Hurriyet Gazetecilik ve Matbaacilik AS's highest Cyclically Adjusted PS Ratio was 5.97. The lowest was 0.06. And the median was 1.95.

IST:HURGZ's Cyclically Adjusted PS Ratio is ranked worse than
92.2% of 731 companies
in the Media - Diversified industry
Industry Median: 0.77 vs IST:HURGZ: 4.75

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.

Hurriyet Gazetecilik ve Matbaacilik AS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺0.554. 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 ₺1.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hurriyet Gazetecilik ve Matbaacilik AS  (IST:HURGZ) 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.


Hurriyet Gazetecilik ve Matbaacilik AS Cyclically Adjusted PS Ratio Related Terms


Hurriyet Gazetecilik ve Matbaacilik AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hurriyet Gazetecilik ve Matbaacilik 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.

Hurriyet Gazetecilik ve Matbaacilik AS Cyclically Adjusted PS Ratio Chart

Hurriyet Gazetecilik ve Matbaacilik 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 1.57 5.24 3.05 3.62 3.71

Hurriyet Gazetecilik ve Matbaacilik 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 4.63 5.34 3.71 4.09 4.18

IST:HURGZ vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Hurriyet Gazetecilik ve Matbaacilik 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.


Hurriyet Gazetecilik ve Matbaacilik AS Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio falls into.


IST:HURGZ
36GF Score
Hurriyet Gazetecilik ve Matbaacilik AS IST:HURGZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hurriyet Gazetecilik ve Matbaacilik 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.

Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.26/1.53
=4.75

* 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.

Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hurriyet Gazetecilik ve Matbaacilik 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)
=0.554/333.9520*333.9520
=0.554

Current CPI (Jun. 2026) = 333.9520.

Hurriyet Gazetecilik ve Matbaacilik AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.234 241.428 0.324
201612 0.226 241.432 0.313
201703 0.209 243.801 0.286
201706 0.228 244.955 0.311
201709 0.196 246.819 0.265
201712 0.247 246.524 0.335
201803 0.199 249.554 0.266
201806 0.193 251.989 0.256
201809 0.173 252.439 0.229
201812 0.174 251.233 0.231
201903 0.159 254.202 0.209
201906 0.154 256.143 0.201
201909 0.135 256.759 0.176
201912 0.155 256.974 0.201
202003 0.140 258.115 0.181
202006 0.106 257.797 0.137
202009 0.136 260.280 0.174
202012 0.151 260.474 0.194
202103 0.134 264.877 0.169
202106 0.125 271.696 0.154
202109 0.137 274.310 0.167
202112 0.196 278.802 0.235
202203 0.183 287.504 0.213
202206 0.206 296.311 0.232
202209 0.206 296.808 0.232
202212 0.905 296.797 1.018
202303 0.344 301.836 0.381
202306 0.416 305.109 0.455
202309 0.389 307.789 0.422
202312 1.420 306.746 1.546
202403 0.516 312.332 0.552
202406 0.520 314.175 0.553
202409 0.517 315.301 0.548
202412 0.690 315.605 0.730
202503 0.604 319.799 0.631
202506 0.619 322.561 0.641
202509 0.474 324.800 0.487
202512 0.554 324.054 0.571
202603 0.511 330.213 0.517
202606 0.554 333.952 0.554

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 4.75 mean?
Hurriyet Gazetecilik ve Matbaacilik AS (IST:HURGZ) has a Cyclically Adjusted PS Ratio of 4.75 as of Aug. 30, 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 Hurriyet Gazetecilik ve Matbaacilik AS and its competitors. This is 144% above median its historical median of 1.95. Over the past decade, Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio has ranged from 0.06 to 5.97. According to the industry distribution chart, Hurriyet Gazetecilik ve Matbaacilik AS ranks #674 out of 731 companies in the Media - Diversified industry, placing it in the top 92.2%.
Is Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio too high?
Hurriyet Gazetecilik ve Matbaacilik AS's current Cyclically Adjusted PS Ratio of 4.75 is 144% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 5.97. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Hurriyet Gazetecilik ve Matbaacilik AS's value of 4.75 is 516.9% above this industry median. Based on the distribution chart, Hurriyet Gazetecilik ve Matbaacilik AS ranks #674 out of 731 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Hurriyet Gazetecilik ve Matbaacilik AS has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hurriyet Gazetecilik ve Matbaacilik AS's Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hurriyet Gazetecilik ve Matbaacilik AS ranks #674 out of 731 companies for Cyclically Adjusted PS Ratio. This places Hurriyet Gazetecilik ve Matbaacilik AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Hurriyet Gazetecilik ve Matbaacilik AS's value of 4.75 is 516.9% above this benchmark. Historically, Hurriyet Gazetecilik ve Matbaacilik AS's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 5.97 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 0.77, Hurriyet Gazetecilik ve Matbaacilik 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 731 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. Hurriyet Gazetecilik ve Matbaacilik AS's current Cyclically Adjusted PS Ratio of 4.75 is 516.9% 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 Hurriyet Gazetecilik ve Matbaacilik AS and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hurriyet Gazetecilik ve Matbaacilik AS's current Cyclically Adjusted PS Ratio is 4.75, which is 144% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hurriyet Gazetecilik ve Matbaacilik AS stock overvalued right now?
Based on GuruFocus' analysis, Hurriyet Gazetecilik ve Matbaacilik AS (IST:HURGZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺5.21, compared to a current price of ₺7.26 — trading 39.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.75, which is 144% above median its 10-year median of 1.95 and 516.9% above the Media - Diversified industry median of 0.77. Hurriyet Gazetecilik ve Matbaacilik AS's overall GF Score™ is 36/100 with 6 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 Hurriyet Gazetecilik ve Matbaacilik AS (IST:HURGZ), the current Cyclically Adjusted PS Ratio is 4.75 as of Aug. 30, 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 Hurriyet Gazetecilik ve Matbaacilik AS (IST:HURGZ) Overvalued in 2026?

Based on GuruFocus' analysis, Hurriyet Gazetecilik ve Matbaacilik AS stock appears to be overvalued. The current stock price of ₺7.26 is trading 39.3% above its estimated GF Value™ of ₺5.21. GuruFocus considers Hurriyet Gazetecilik ve Matbaacilik AS to be Significantly Overvalued.

Key valuation signals for IST:HURGZ:

  • Cyclically Adjusted PS Ratio: 4.75 (144% above median its 10-year median of 1.95)
  • GF Value™: ₺5.21 vs. price of ₺7.26 (39.3% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 516.9% above the Media - Diversified median (#674 of 731)

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


Hurriyet Gazetecilik ve Matbaacilik AS Business Description

Address 100. Yil Mahallesi, 2264 Sokak No: 1, Demiroren Medya Center, Bagcilar, Istanbul, TUR, 34204
Hurriyet Gazetecilik ve Matbaacilik AS is a Turkey-based company engaged in the media sector. It offers services such as printing, distribution, Internet services, book publishing, and advertising domestically, and internationally. Geographical segments include Turkey, Russia and EE and Europe. It derives a majority of its revenue from Turkey. Its core business is journalism, It has expanded into printing, distribution, online services, book publishing, classified ads, TV productions and marketing over the years through its domestic and overseas subsidiaries and affiliates, in keeping with developments and requirements of the sector.
36GF Score

Get the complete analysis for IST:HURGZ

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

₺7.26
Price
₺5.21
GF Value