Polisan Holding AS (IST:POLHO) Cyclically Adjusted PS Ratio: 10.67 (As of Aug. 31, 2026) — 182% Above Median

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IST:POLHO Polisan Holding AS IST:POLHO
53 GF Score
Price ₺22.20
GF Value ₺9.37
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Polisan Holding AS Cyclically Adjusted PS Ratio?

Polisan Holding AS IST:POLHO +0.54% 53 Cyclically Adjusted PS Ratio is 10.67 as of Aug. 31, 2026, which is 182% above its 10-year median of 3.79. GuruFocus rates IST:POLHO with a GF Score™ of 53/100 and a GF Value™ of ₺9.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,269 Chemicals companies, Polisan Holding AS ranks worse than 94.41% on this metric.

As of today (2026-08-31), Polisan Holding AS's current share price is ₺22.20. Polisan Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺2.08. Polisan Holding AS's Cyclically Adjusted PS Ratio for today is 10.67.

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

IST:POLHO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.79   Max: 14.96
Current: 10.69

During the past years, Polisan Holding AS's highest Cyclically Adjusted PS Ratio was 14.96. The lowest was 2.03. And the median was 3.79.

IST:POLHO's Cyclically Adjusted PS Ratio is ranked worse than
94.41% of 1269 companies
in the Chemicals industry
Industry Median: 1.34 vs IST:POLHO: 10.69

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.

Polisan Holding AS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺2.215. 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 ₺2.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polisan Holding AS  (IST:POLHO) 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.


Polisan Holding AS Cyclically Adjusted PS Ratio Related Terms


Polisan Holding AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polisan Holding 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.

Polisan Holding AS Cyclically Adjusted PS Ratio Chart

Polisan Holding 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 2.26 6.07 4.33 2.45 9.89

Polisan Holding 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 2.98 16.61 9.89 11.12 9.97

IST:POLHO vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Polisan Holding 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.


Polisan Holding AS Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IST:POLHO
53GF Score
Polisan Holding AS IST:POLHO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polisan Holding 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.

Polisan Holding AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.20/2.08
=10.67

* 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.

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

For example, Polisan Holding 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)
=2.215/333.9520*333.9520
=2.215

Current CPI (Jun. 2026) = 333.9520.

Polisan Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.031 241.428 0.043
201612 0.035 241.432 0.048
201703 0.043 243.801 0.059
201706 0.052 244.955 0.071
201709 0.053 246.819 0.072
201712 0.051 246.524 0.069
201803 0.061 249.554 0.082
201806 0.072 251.989 0.095
201809 0.086 252.439 0.114
201812 0.090 251.233 0.120
201903 0.062 254.202 0.081
201906 0.077 256.143 0.100
201909 0.072 256.759 0.094
201912 0.063 256.974 0.082
202003 0.062 258.115 0.080
202006 0.061 257.797 0.079
202009 0.075 260.280 0.096
202012 0.080 260.474 0.103
202103 0.094 264.877 0.119
202106 0.114 271.696 0.140
202109 0.137 274.310 0.167
202112 0.177 278.802 0.212
202203 0.219 287.504 0.254
202206 0.301 296.311 0.339
202209 0.322 296.808 0.362
202212 1.174 296.797 1.321
202303 0.473 301.836 0.523
202306 0.516 305.109 0.565
202309 0.490 307.789 0.532
202312 0.532 306.746 0.579
202403 0.452 312.332 0.483
202406 1.483 314.175 1.576
202409 1.039 315.301 1.100
202412 0.476 315.605 0.504
202503 0.441 319.799 0.461
202506 2.570 322.561 2.661
202509 0.935 324.800 0.961
202512 2.293 324.054 2.363
202603 1.826 330.213 1.847
202606 2.215 333.952 2.215

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 10.67 mean?
Polisan Holding AS (IST:POLHO) has a Cyclically Adjusted PS Ratio of 10.67 as of Aug. 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 Polisan Holding AS and its competitors. This is 182% above median its historical median of 3.79. Over the past decade, Polisan Holding AS's Cyclically Adjusted PS Ratio has ranged from 2.03 to 14.96. According to the industry distribution chart, Polisan Holding AS ranks #1198 out of 1269 companies in the Chemicals industry, placing it in the top 94.4%.
Is Polisan Holding AS's Cyclically Adjusted PS Ratio too high?
Polisan Holding AS's current Cyclically Adjusted PS Ratio of 10.67 is 182% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 14.96. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Polisan Holding AS's value of 10.67 is 696.3% above this industry median. Based on the distribution chart, Polisan Holding AS ranks #1198 out of 1269 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Polisan Holding AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polisan Holding AS ranks #1198 out of 1269 companies for Cyclically Adjusted PS Ratio. This places Polisan Holding AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Polisan Holding AS's value of 10.67 is 696.3% above this benchmark. Historically, Polisan Holding AS's own Cyclically Adjusted PS Ratio has ranged from 2.03 to 14.96 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.34, Polisan Holding 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,269 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. Polisan Holding AS's current Cyclically Adjusted PS Ratio of 10.67 is 696.3% 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 Polisan Holding AS and its competitors. For the Chemicals 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. Polisan Holding AS's current Cyclically Adjusted PS Ratio is 10.67, which is 182% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺9.37, compared to a current price of ₺22.20 — trading 136.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.67, which is 182% above median its 10-year median of 3.79 and 696.3% above the Chemicals industry median of 1.34. Polisan Holding AS's overall GF Score™ is 53/100 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 Polisan Holding AS (IST:POLHO), the current Cyclically Adjusted PS Ratio is 10.67 as of Aug. 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺22.20 is trading 136.9% above its estimated GF Value™ of ₺9.37. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • Cyclically Adjusted PS Ratio: 10.67 (182% above median its 10-year median of 3.79)
  • GF Value™: ₺9.37 vs. price of ₺22.20 (136.9% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 696.3% above the Chemicals median (#1198 of 1269)

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
53GF Score

Get the complete analysis for IST:POLHO

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

₺22.20
Price
₺9.37
GF Value