Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Cyclically Adjusted PS Ratio: 25.80 (As of Aug. 14, 2026) — Near Median

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IST:MRGYO Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
56 GF Score
Price ₺1.29
GF Value ₺3.13
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

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

Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO +0.78% 56 Cyclically Adjusted PS Ratio is 25.80 as of Aug. 14, 2026, which is 2% above its 10-year median of 25.36. GuruFocus rates IST:MRGYO with a GF Score™ of 56/100 and a GF Value™ of ₺3.13 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 546 REITs companies, Marti Gayrimenkul Yatirim Ortakligi AS ranks worse than 98.17% on this metric.

As of today (2026-08-14), Marti Gayrimenkul Yatirim Ortakligi AS's current share price is ₺1.29. Marti Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺0.05. Marti Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 25.80.

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

IST:MRGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.6   Med: 25.36   Max: 60.7
Current: 24.4

During the past years, Marti Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 60.70. The lowest was 5.60. And the median was 25.36.

IST:MRGYO's Cyclically Adjusted PS Ratio is ranked worse than
98.17% of 546 companies
in the REITs industry
Industry Median: 5.775 vs IST:MRGYO: 24.40

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.

Marti Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺0.003. 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 ₺0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marti Gayrimenkul Yatirim Ortakligi AS  (IST:MRGYO) 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.


Marti Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms


Marti Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marti 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.

Marti Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Marti Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.74 0.00 0.00 20.96 25.54

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Mar23 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 20.96 31.17 42.55 29.71 25.54

IST:MRGYO vs VICI, WPC: Cyclically Adjusted PS Ratio Comparison

For the REIT - Diversified subindustry, Marti 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.


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

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

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


IST:MRGYO
56GF Score
Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti 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.

Marti 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
=1.29/0.05
=25.80

* 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.

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

For example, Marti 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)
=0.003/330.2130*330.2130
=0.003

Current CPI (Mar. 2026) = 330.2130.

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.008 238.638 0.011
201509 0.008 237.945 0.011
201512 0.008 236.525 0.011
201603 0.002 238.132 0.003
201606 0.003 241.018 0.004
201609 0.005 241.428 0.007
201612 0.001 241.432 0.001
201703 0.001 243.801 0.001
201706 0.002 244.955 0.003
201709 0.007 246.819 0.009
201712 0.002 246.524 0.003
201803 0.001 249.554 0.001
201806 0.006 251.989 0.008
201809 0.018 252.439 0.024
201812 0.003 251.233 0.004
201903 0.002 254.202 0.003
201906 0.011 256.143 0.014
201909 0.022 256.759 0.028
201912 0.005 256.974 0.006
202003 0.001 258.115 0.001
202006 0.001 257.797 0.001
202009 0.006 260.280 0.008
202012 0.003 260.474 0.004
202103 0.034 264.877 0.042
202106 0.003 271.696 0.004
202109 0.015 274.310 0.018
202112 0.004 278.802 0.005
202203 0.001 287.504 0.001
202303 0.000 301.836 0.000
202309 0.034 307.789 0.036
202312 0.008 306.746 0.009
202403 0.000 312.332 0.000
202406 0.018 314.175 0.019
202409 0.045 315.301 0.047
202412 0.021 315.605 0.022
202503 0.006 319.799 0.006
202506 0.029 322.561 0.030
202509 0.069 324.800 0.070
202512 0.023 324.054 0.023
202603 0.003 330.213 0.003

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 25.80 mean?
Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) has a Cyclically Adjusted PS Ratio of 25.80 as of Aug. 14, 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 Marti Gayrimenkul Yatirim Ortakligi AS and its competitors. This is near median its historical median of 25.36. Over the past decade, Marti Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio has ranged from 5.60 to 60.70. According to the industry distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 546 companies in the REITs industry, placing it in the top 98.2%.
Is Marti Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio too high?
Marti Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 25.80 is near median its 10-year median of 25.36. Over the past 10 years, this metric has ranged from a low of 5.60 to a high of 60.70. The REITs industry median Cyclically Adjusted PS Ratio is 5.78. Marti Gayrimenkul Yatirim Ortakligi AS's value of 25.80 is 346.8% above this industry median. Based on the distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 546 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Marti Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Marti Gayrimenkul Yatirim Ortakligi AS ranks #536 out of 546 companies for Cyclically Adjusted PS Ratio. This places Marti Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.78. Marti Gayrimenkul Yatirim Ortakligi AS's value of 25.80 is 346.8% above this benchmark. Historically, Marti Gayrimenkul Yatirim Ortakligi AS's own Cyclically Adjusted PS Ratio has ranged from 5.60 to 60.70 over the past decade. While the company's 10-year median is 25.36 vs. the industry median of 5.78, Marti 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 5.78, based on 546 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. Marti Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 25.80 is 346.8% 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 Marti Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio is 25.80, which is near median its own 10-year median of 25.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.13, compared to a current price of ₺1.29 — trading 58.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 25.80, which is near median its 10-year median of 25.36 and 346.8% above the REITs industry median of 5.78. Marti Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 56/100 with 9 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO), the current Cyclically Adjusted PS Ratio is 25.80 as of Aug. 14, 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺1.29 is trading 58.8% below its estimated GF Value™ of ₺3.13. GuruFocus considers Marti Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:MRGYO:

  • Cyclically Adjusted PS Ratio: 25.80 (near median its 10-year median of 25.36)
  • GF Value™: ₺3.13 vs. price of ₺1.29 (58.8% below fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 346.8% above the REITs median (#536 of 546)

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


Marti Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Inonu Cad Devred Han, Number 50/4 Gumussuyu, Beyoglu, Istanbul, TUR
Marti Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estates, capital market instruments based on real estates, real estate projects and property rights.
56GF Score

Get the complete analysis for IST:MRGYO

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

₺1.29
Price
₺3.13
GF Value