Reysas Gayrimenkul Yatirim Ortakligi AS (IST:RYGYO) Cyclically Adjusted PS Ratio: 46.27 (As of Jul. 28, 2026) — 105% Above Median

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IST:RYGYO Reysas Gayrimenkul Yatirim Ortakligi AS IST:RYGYO
80 GF Score
Price ₺34.24
GF Value ₺14.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

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

Reysas Gayrimenkul Yatirim Ortakligi AS IST:RYGYO +7.94% 80 Cyclically Adjusted PS Ratio is 46.27 as of Jul. 28, 2026, which is 105% above its 10-year median of 22.55. GuruFocus rates IST:RYGYO with a GF Score™ of 80/100 and a GF Value™ of ₺14.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 546 REITs companies, Reysas Gayrimenkul Yatirim Ortakligi AS ranks worse than 99.27% on this metric.

As of today (2026-07-28), Reysas Gayrimenkul Yatirim Ortakligi AS's current share price is ₺34.24. Reysas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺0.74. Reysas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio for today is 46.27.

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

IST:RYGYO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.6   Med: 22.55   Max: 48.42
Current: 43.07

During the past years, Reysas Gayrimenkul Yatirim Ortakligi AS's highest Cyclically Adjusted PS Ratio was 48.42. The lowest was 7.60. And the median was 22.55.

IST:RYGYO's Cyclically Adjusted PS Ratio is ranked worse than
99.27% of 546 companies
in the REITs industry
Industry Median: 5.845 vs IST:RYGYO: 43.07

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.

Reysas Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺0.512. 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 ₺0.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reysas Gayrimenkul Yatirim Ortakligi AS  (IST:RYGYO) 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.


Reysas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Related Terms


Reysas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Reysas 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.

Reysas Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio Chart

Reysas 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 10.43 27.02 24.03 34.77 31.15

Reysas 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 28.63 34.32 31.81 31.15 39.70

IST:RYGYO vs PLD, PSA, EXR: Cyclically Adjusted PS Ratio Comparison

For the REIT - Industrial subindustry, Reysas 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.


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

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

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


IST:RYGYO
80GF Score
Reysas Gayrimenkul Yatirim Ortakligi AS IST:RYGYO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Reysas 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.

Reysas 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
=34.24/0.74
=46.27

* 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.

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

For example, Reysas 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)
=0.512/330.2130*330.2130
=0.512

Current CPI (Mar. 2026) = 330.2130.

Reysas Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.012 241.018 0.016
201609 0.013 241.428 0.018
201612 0.014 241.432 0.019
201703 0.015 243.801 0.020
201706 0.016 244.955 0.022
201709 0.017 246.819 0.023
201712 0.019 246.524 0.025
201803 0.020 249.554 0.026
201806 0.023 251.989 0.030
201809 0.031 252.439 0.041
201812 0.027 251.233 0.035
201903 0.032 254.202 0.042
201906 0.034 256.143 0.044
201909 0.034 256.759 0.044
201912 0.031 256.974 0.040
202003 0.036 258.115 0.046
202006 0.041 257.797 0.053
202009 0.041 260.280 0.052
202012 0.042 260.474 0.053
202103 0.042 264.877 0.052
202106 0.047 271.696 0.057
202109 0.035 274.310 0.042
202112 0.047 278.802 0.056
202203 0.055 287.504 0.063
202206 0.070 296.311 0.078
202209 0.088 296.808 0.098
202212 0.300 296.797 0.334
202303 0.185 301.836 0.202
202306 0.170 305.109 0.184
202309 0.237 307.789 0.254
202312 0.705 306.746 0.759
202403 0.347 312.332 0.367
202406 0.582 314.175 0.612
202409 0.692 315.301 0.725
202412 0.488 315.605 0.511
202503 0.400 319.799 0.413
202506 0.406 322.561 0.416
202509 0.462 324.800 0.470
202512 0.502 324.054 0.512
202603 0.512 330.213 0.512

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 46.27 mean?
Reysas Gayrimenkul Yatirim Ortakligi AS (IST:RYGYO) has a Cyclically Adjusted PS Ratio of 46.27 as of Jul. 28, 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 Reysas Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 105% above median its historical median of 22.55. Over the past decade, Reysas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio has ranged from 7.60 to 48.42. According to the industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #542 out of 546 companies in the REITs industry, placing it in the top 99.3%.
Is Reysas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio too high?
Reysas Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 46.27 is 105% above median its 10-year median of 22.55. Over the past 10 years, this metric has ranged from a low of 7.60 to a high of 48.42. The REITs industry median Cyclically Adjusted PS Ratio is 5.85. Reysas Gayrimenkul Yatirim Ortakligi AS's value of 46.27 is 691.6% above this industry median. Based on the distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #542 out of 546 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Reysas Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reysas Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, Reysas Gayrimenkul Yatirim Ortakligi AS ranks #542 out of 546 companies for Cyclically Adjusted PS Ratio. This places Reysas Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.85. Reysas Gayrimenkul Yatirim Ortakligi AS's value of 46.27 is 691.6% above this benchmark. Historically, Reysas Gayrimenkul Yatirim Ortakligi AS's own Cyclically Adjusted PS Ratio has ranged from 7.60 to 48.42 over the past decade. While the company's 10-year median is 22.55 vs. the industry median of 5.85, Reysas 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 5.85, 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. Reysas Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio of 46.27 is 691.6% 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 Reysas Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reysas Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted PS Ratio is 46.27, which is 105% above median its own 10-year median of 22.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reysas Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS (IST:RYGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺14.55, compared to a current price of ₺34.24 — trading 135.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 46.27, which is 105% above median its 10-year median of 22.55 and 691.6% above the REITs industry median of 5.85. Reysas Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 80/100 with 7 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 Reysas Gayrimenkul Yatirim Ortakligi AS (IST:RYGYO), the current Cyclically Adjusted PS Ratio is 46.27 as of Jul. 28, 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 Reysas Gayrimenkul Yatirim Ortakligi AS (IST:RYGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Reysas Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺34.24 is trading 135.3% above its estimated GF Value™ of ₺14.55. GuruFocus considers Reysas Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:RYGYO:

  • Cyclically Adjusted PS Ratio: 46.27 (105% above median its 10-year median of 22.55)
  • GF Value™: ₺14.55 vs. price of ₺34.24 (135.3% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 691.6% above the REITs median (#542 of 546)

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


Reysas Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Other Exchanges RYGYF:USA
Address Kucuk Camlica, Erkan Ocakli No.11, Istanbul, TUR, 34696
Reysas Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust founded for investing and developing real estates in Turkey. It invests in real estates, capital market instruments based on real estates, real estate projects and rights based on real estates. The main focus of the company is the warehousing market. The company rents its warehouses for long terms in order to create continuous and stabile income from its portfolio.
80GF Score

Get the complete analysis for IST:RYGYO

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

₺34.24
Price
₺14.55
GF Value