Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) Cyclically Adjusted PS Ratio: 24.73 (As of Sep. 13, 2026) — Near Median

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IST:KRGYO Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO
79 GF Score
Price ₺3.71
GF Value ₺5.52
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Korfez Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio?

Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO +3.92% 79 Cyclically Adjusted PS Ratio is 24.73 as of Sep. 13, 2026, which is 5% above its 10-year median of 23.64. GuruFocus rates IST:KRGYO with a GF Score™ of 79/100 and a GF Value™ of ₺5.52 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 545 REITs companies, Korfez Gayrimenkul Yatirim Ortakligi AS ranks worse than 97.98% on this metric.

As of today (2026-09-13), Korfez Gayrimenkul Yatirim Ortakligi AS's current share price is ₺3.71. Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺0.15. Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 24.73.

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

IST:KRGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 16.6   Med: 23.64   Max: 57.67
Current: 24.94

During the past years, Korfez Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 57.67. The lowest was 16.60. And the median was 23.64.

IST:KRGYO's Cyclically Adjusted PS Ratio is ranked worse than
97.98% of 545 companies
in the REITs industry
Industry Median: 5.62 vs IST:KRGYO: 24.94

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.

Korfez Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺0.029. 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 ₺0.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korfez Gayrimenkul Yatirim Ortakligi AS  (IST:KRGYO) 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.


Korfez Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms


Korfez Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Korfez Gayrimenkul Yatirim Ortakligi 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.

Korfez Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Korfez Gayrimenkul Yatirim Ortakligi 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 0.00 0.00 0.00 29.93 19.39

Korfez Gayrimenkul Yatirim Ortakligi 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 42.60 21.95 23.38 19.39 17.95

IST:KRGYO vs VMRK, EQR, ESS: Cyclically Adjusted PS Ratio Comparison

For the REIT - Residential subindustry, Korfez Gayrimenkul Yatirim Ortakligi 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.


Korfez Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.


IST:KRGYO
79GF Score
Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korfez Gayrimenkul Yatirim Ortakligi 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.

Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.71/0.15
=24.73

* 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.

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

For example, Korfez Gayrimenkul Yatirim Ortakligi 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)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Korfez Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 0.000 237.945 0.000
201512 0.000 236.525 0.000
201603 0.000 238.132 0.000
201606 0.098 241.018 0.134
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201712 0.000 246.524 0.000
201803 0.001 249.554 0.001
201806 0.007 251.989 0.009
201809 0.009 252.439 0.012
201812 0.006 251.233 0.008
201903 0.002 254.202 0.003
201906 0.007 256.143 0.009
201909 0.004 256.759 0.005
201912 0.001 256.974 0.001
202003 0.004 258.115 0.005
202006 0.006 257.797 0.008
202009 0.010 260.280 0.013
202012 0.007 260.474 0.009
202103 0.005 264.877 0.006
202106 0.004 271.696 0.005
202109 0.013 274.310 0.016
202112 0.012 278.802 0.014
202203 0.007 287.504 0.008
202206 0.017 296.311 0.019
202209 0.018 296.808 0.020
202212 0.063 296.797 0.070
202303 0.033 301.836 0.036
202306 0.072 305.109 0.078
202309 0.023 307.789 0.025
202312 0.018 306.746 0.019
202403 0.045 312.332 0.048
202406 0.024 314.175 0.025
202409 0.158 315.301 0.165
202412 0.048 315.605 0.050
202503 0.058 319.799 0.060
202506 0.153 322.561 0.157
202509 0.091 324.800 0.093
202512 0.103 324.054 0.105
202603 0.029 330.213 0.029

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 24.73 mean?
Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) has a Cyclically Adjusted PS Ratio of 24.73 as of Sep. 13, 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 Korfez Gayrimenkul Yatirim Ortakligi AS and its competitors. This is near median its historical median of 23.64. Over the past decade, Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio has ranged from 16.60 to 57.67. According to the industry distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #534 out of 545 companies in the REITs industry, placing it in the top 98%.
Is Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio too high?
Korfez Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 24.73 is near median its 10-year median of 23.64. Over the past 10 years, this metric has ranged from a low of 16.60 to a high of 57.67. The REITs industry median Cyclically Adjusted PS Ratio is 5.62. Korfez Gayrimenkul Yatirim Ortakligi AS's value of 24.73 is 340% above this industry median. Based on the distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #534 out of 545 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Korfez Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Korfez Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio compare to VMRK and EQR?
According to the REITs industry distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #534 out of 545 companies for Cyclically Adjusted PS Ratio. This places Korfez Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.62. Korfez Gayrimenkul Yatirim Ortakligi AS's value of 24.73 is 340% above this benchmark. Historically, Korfez Gayrimenkul Yatirim Ortakligi AS's own Cyclically Adjusted PS Ratio has ranged from 16.60 to 57.67 over the past decade. While the company's 10-year median is 23.64 vs. the industry median of 5.62, Korfez Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.62, based on 545 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. Korfez Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 24.73 is 340% 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 Korfez Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korfez Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio is 24.73, which is near median its own 10-year median of 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korfez Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺5.52, compared to a current price of ₺3.71 — trading 32.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 24.73, which is near median its 10-year median of 23.64 and 340% above the REITs industry median of 5.62. Korfez Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 79/100 with 5 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 Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO), the current Cyclically Adjusted PS Ratio is 24.73 as of Sep. 13, 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 Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Korfez Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺3.71 is trading 32.8% below its estimated GF Value™ of ₺5.52. GuruFocus considers Korfez Gayrimenkul Yatirim Ortakligi AS to be Significantly Undervalued.

Key valuation signals for IST:KRGYO:

  • Cyclically Adjusted PS Ratio: 24.73 (near median its 10-year median of 23.64)
  • GF Value™: ₺5.52 vs. price of ₺3.71 (32.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 340% above the REITs median (#534 of 545)

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


Korfez Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Buyukdere Caddesi No:129/1 K:9, Esentepe - Sisli, Istanbul, TUR
Korfez Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company is engaged in residential and commercial properties.
79GF Score

Get the complete analysis for IST:KRGYO

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

₺3.71
Price
₺5.52
GF Value