ICBC Turkey Bank AS (IST:ICBCT) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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IST:ICBCT ICBC Turkey Bank AS IST:ICBCT
55 GF Score
Price ₺16.62
GF Value ₺32.21
Valuation Possible Value Trap
! 3 Warning Signs
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What is ICBC Turkey Bank AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ICBC Turkey Bank AS  (IST:ICBCT) 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.


ICBC Turkey Bank AS Cyclically Adjusted PS Ratio Related Terms


ICBC Turkey Bank AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ICBC Turkey Bank 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.

ICBC Turkey Bank AS Cyclically Adjusted PS Ratio Chart

ICBC Turkey Bank 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 7.94 11.21 9.16 7.76 5.87

ICBC Turkey Bank 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 9.09 9.17 5.86 5.52 7.35

IST:ICBCT vs USB, PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, ICBC Turkey Bank 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.


ICBC Turkey Bank AS Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, ICBC Turkey Bank AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ICBC Turkey Bank AS's Cyclically Adjusted PS Ratio falls into.


IST:ICBCT
55GF Score
ICBC Turkey Bank AS IST:ICBCT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ICBC Turkey Bank 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.

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

For example, ICBC Turkey Bank 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)
=2.529/333.9520*333.9520
=2.529

Current CPI (Jun. 2026) = 333.9520.

ICBC Turkey Bank AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.088 241.428 0.122
201612 0.136 241.432 0.188
201703 0.175 243.801 0.240
201706 0.101 244.955 0.138
201709 0.089 246.819 0.120
201712 0.145 246.524 0.196
201803 0.100 249.554 0.134
201806 0.118 251.989 0.156
201809 0.072 252.439 0.095
201812 0.191 251.233 0.254
201903 0.189 254.202 0.248
201906 0.171 256.143 0.223
201909 0.131 256.759 0.170
201912 0.242 256.974 0.314
202003 0.252 258.115 0.326
202006 0.211 257.797 0.273
202009 0.251 260.280 0.322
202012 0.227 260.474 0.291
202103 0.362 264.877 0.456
202106 0.332 271.696 0.408
202109 0.311 274.310 0.379
202112 0.765 278.802 0.916
202203 1.057 287.504 1.228
202206 0.916 296.311 1.032
202209 0.880 296.808 0.990
202212 0.715 296.797 0.805
202303 1.019 301.836 1.127
202306 2.298 305.109 2.515
202309 1.109 307.789 1.203
202312 1.110 306.746 1.208
202403 1.092 312.332 1.168
202406 0.456 314.175 0.485
202409 0.171 315.301 0.181
202412 0.395 315.605 0.418
202503 0.503 319.799 0.525
202506 0.215 322.561 0.223
202509 0.892 324.800 0.917
202512 2.708 324.054 2.791
202603 2.840 330.213 2.872
202606 2.529 333.952 2.529

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 ICBC Turkey Bank AS (IST:ICBCT) Overvalued in 2026?

Based on GuruFocus' analysis, ICBC Turkey Bank AS stock appears to be undervalued. The current stock price of ₺16.62 is trading 48.4% below its estimated GF Value™ of ₺32.21. GuruFocus considers ICBC Turkey Bank AS to be Possible Value Trap.

Key valuation signals for IST:ICBCT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₺32.21 vs. price of ₺16.62 (48.4% below fair value)
  • GF Score™: 55/100 with 3 warning signs

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


ICBC Turkey Bank AS Business Description

Address Maslak Mah. Dereboyu/2 Caddesi No. 13, Sariyer, Istanbul, TUR, 34398
ICBC Turkey Bank AS is a bank engaged in corporate and retail banking activities. The operations of the company consist of corporate, commercial, and retail banking services, international transactions, and securities trading in capital markets, which are conducted mainly with local customers. The company has three segments, namely Retail Banking, which includes loans, deposits, and other transactions and balances with retail customers; Corporate Banking includes loans, deposits, and other transactions and balances with corporate and SME customers; and Treasury, Investment Banking, and others include funds management and treasury activities. It derives key revenue from the Corporate banking segment.
55GF Score

Get the complete analysis for IST:ICBCT

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

₺16.62
Price
₺32.21
GF Value