Netas Telekomunikasyon AS (IST:NETAS) Cyclically Adjusted PS Ratio: 0.91 (As of Jul. 31, 2026) — 13% Below Median

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IST:NETAS Netas Telekomunikasyon AS IST:NETAS
47 GF Score
Price ₺61.55
GF Value ₺101.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Netas Telekomunikasyon AS Cyclically Adjusted PS Ratio?

Netas Telekomunikasyon AS IST:NETAS -1.83% 47 Cyclically Adjusted PS Ratio is 0.91 as of Jul. 31, 2026, which is 13% below its 10-year median of 1.04. GuruFocus rates IST:NETAS with a GF Score™ of 47/100 and a GF Value™ of ₺101.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,976 Hardware companies, Netas Telekomunikasyon AS ranks better than 59.62% on this metric.

As of today (2026-07-31), Netas Telekomunikasyon AS's current share price is ₺61.55. Netas Telekomunikasyon AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was ₺67.75. Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio for today is 0.91.

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

IST:NETAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.04   Max: 2.51
Current: 0.93

During the past years, Netas Telekomunikasyon AS's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 0.47. And the median was 1.04.

IST:NETAS's Cyclically Adjusted PS Ratio is ranked better than
59.62% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs IST:NETAS: 0.93

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.

Netas Telekomunikasyon AS's adjusted revenue per share data for the three months ended in Dec. 2025 was ₺56.612. 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 ₺67.75 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netas Telekomunikasyon AS  (IST:NETAS) 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.


Netas Telekomunikasyon AS Cyclically Adjusted PS Ratio Related Terms


Netas Telekomunikasyon AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Netas Telekomunikasyon 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.

Netas Telekomunikasyon AS Cyclically Adjusted PS Ratio Chart

Netas Telekomunikasyon 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 0.87 1.62 1.14 1.32 0.84

Netas Telekomunikasyon AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.32 1.01 0.80 1.20 0.84

IST:NETAS vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Netas Telekomunikasyon 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.


Netas Telekomunikasyon AS Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:NETAS
47GF Score
Netas Telekomunikasyon AS IST:NETAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netas Telekomunikasyon 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.

Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.55/67.75
=0.91

* 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.

Netas Telekomunikasyon AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Netas Telekomunikasyon AS's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=56.612/324.0540*324.0540
=56.612

Current CPI (Dec. 2025) = 324.0540.

Netas Telekomunikasyon AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 3.152 238.132 4.289
201606 3.832 241.018 5.152
201609 3.110 241.428 4.174
201612 4.858 241.432 6.520
201703 2.588 243.801 3.440
201706 5.017 244.955 6.637
201709 3.006 246.819 3.947
201712 6.690 246.524 8.794
201803 2.917 249.554 3.788
201806 3.371 251.989 4.335
201809 2.980 252.439 3.825
201812 6.526 251.233 8.418
201903 3.383 254.202 4.313
201906 5.338 256.143 6.753
201909 4.139 256.759 5.224
201912 7.608 256.974 9.594
202003 4.692 258.115 5.891
202006 6.520 257.797 8.196
202009 6.042 260.280 7.522
202012 9.466 260.474 11.777
202103 7.582 264.877 9.276
202106 7.518 271.696 8.967
202109 7.467 274.310 8.821
202112 12.835 278.802 14.918
202203 10.588 287.504 11.934
202206 13.763 296.311 15.052
202209 15.827 296.808 17.280
202212 21.298 296.797 23.254
202303 16.618 301.836 17.841
202306 25.050 305.109 26.605
202309 29.717 307.789 31.287
202312 35.884 306.746 37.909
202403 26.502 312.332 27.497
202406 33.715 314.175 34.775
202409 37.778 315.301 38.827
202412 43.456 315.605 44.619
202503 32.708 319.799 33.143
202506 52.720 322.561 52.964
202509 43.428 324.800 43.328
202512 56.612 324.054 56.612

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 0.91 mean?
Netas Telekomunikasyon AS (IST:NETAS) has a Cyclically Adjusted PS Ratio of 0.91 as of Jul. 31, 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 Netas Telekomunikasyon AS and its competitors. This is 13% below median its historical median of 1.04. Over the past decade, Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.51. According to the industry distribution chart, Netas Telekomunikasyon AS ranks #798 out of 1976 companies in the Hardware industry, placing it in the top 40.4%.
Is Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio too high?
Netas Telekomunikasyon AS's current Cyclically Adjusted PS Ratio of 0.91 is 13% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.51. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Netas Telekomunikasyon AS's value of 0.91 is 32.1% below this industry median. Based on the distribution chart, Netas Telekomunikasyon AS ranks #798 out of 1976 companies in the Hardware industry, which is above the industry midpoint. Overall, Netas Telekomunikasyon AS has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netas Telekomunikasyon AS's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Netas Telekomunikasyon AS ranks #798 out of 1976 companies for Cyclically Adjusted PS Ratio. This puts Netas Telekomunikasyon AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Netas Telekomunikasyon AS's value of 0.91 is 32.1% below this benchmark. Historically, Netas Telekomunikasyon AS's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.51 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.34, Netas Telekomunikasyon AS has consistently been below 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,976 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. Netas Telekomunikasyon AS's current Cyclically Adjusted PS Ratio of 0.91 is 32.1% below 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 Netas Telekomunikasyon AS and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netas Telekomunikasyon AS's current Cyclically Adjusted PS Ratio is 0.91, which is 13% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netas Telekomunikasyon AS stock overvalued right now?
Based on GuruFocus' analysis, Netas Telekomunikasyon AS (IST:NETAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺101.81, compared to a current price of ₺61.55 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.91, which is 13% below median its 10-year median of 1.04 and 32.1% below the Hardware industry median of 1.34. Netas Telekomunikasyon AS's overall GF Score™ is 47/100 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 Netas Telekomunikasyon AS (IST:NETAS), the current Cyclically Adjusted PS Ratio is 0.91 as of Jul. 31, 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 Netas Telekomunikasyon AS (IST:NETAS) Overvalued in 2026?

Based on GuruFocus' analysis, Netas Telekomunikasyon AS stock appears to be undervalued. The current stock price of ₺61.55 is trading 39.5% below its estimated GF Value™ of ₺101.81. GuruFocus considers Netas Telekomunikasyon AS to be Possible Value Trap.

Key valuation signals for IST:NETAS:

  • Cyclically Adjusted PS Ratio: 0.91 (13% below median its 10-year median of 1.04)
  • GF Value™: ₺101.81 vs. price of ₺61.55 (39.5% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 32.1% below the Hardware median (#798 of 1976)

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


Netas Telekomunikasyon AS Business Description

Address Osmanli Bulvari, Aeropark Sitesi B Blok No:11B Kapi, Ic Kapi No:40, Yenisehir Mahallesi, Istanbul, TUR, 34912
Netas Telekomunikasyon AS is engaged in the manufacture and trade of telecommunication equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation activities, and associated services. The group continues to provide end-to-end solutions and technology services to service providers and institutions in local and international markets. Its solutions and services are Cyber Security Solutions, New Generation Data Center, Localized Solutions, Mobile Broadband Solutions, Managed Services, Cyber Security Operation Center, Netas Network Operation Center, Informatics Support Services, and Others. Its operating segments are: Telecom, System Integration, Technology, and BDH.
47GF Score

Get the complete analysis for IST:NETAS

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

₺61.55
Price
₺101.81
GF Value