Sekerbank TAS (IST:SKBNK) Cyclically Adjusted PS Ratio: 1.81 (As of Aug. 26, 2026) — 53% Above Median

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IST:SKBNK Sekerbank TAS IST:SKBNK
55 GF Score
Price ₺6.18
GF Value ₺7.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sekerbank TAS Cyclically Adjusted PS Ratio?

Sekerbank TAS IST:SKBNK -1.12% 55 Cyclically Adjusted PS Ratio is 1.81 as of Aug. 26, 2026, which is 53% above its 10-year median of 1.18. GuruFocus rates IST:SKBNK with a GF Score™ of 55/100 and a GF Value™ of ₺7.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,297 Banks companies, Sekerbank TAS ranks better than 79.65% on this metric.

As of today (2026-08-26), Sekerbank TAS's current share price is ₺6.18. Sekerbank TAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺3.42. Sekerbank TAS's Cyclically Adjusted PS Ratio for today is 1.81.

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

IST:SKBNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.18   Max: 5.74
Current: 1.8

During the past years, Sekerbank TAS's highest Cyclically Adjusted PS Ratio was 5.74. The lowest was 0.61. And the median was 1.18.

IST:SKBNK's Cyclically Adjusted PS Ratio is ranked better than
79.65% of 1297 companies
in the Banks industry
Industry Median: 3.42 vs IST:SKBNK: 1.80

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.

Sekerbank TAS's adjusted revenue per share data for the three months ended in Jun. 2026 was ₺2.509. 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 ₺3.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sekerbank TAS  (IST:SKBNK) 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.


Sekerbank TAS Cyclically Adjusted PS Ratio Related Terms


Sekerbank TAS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sekerbank TAS'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.

Sekerbank TAS Cyclically Adjusted PS Ratio Chart

Sekerbank TAS 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 0.73 1.81 1.93 2.06 2.66

Sekerbank TAS 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 2.53 2.45 2.66 3.35 4.54

IST:SKBNK vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Sekerbank TAS'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.


Sekerbank TAS Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sekerbank TAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sekerbank TAS's Cyclically Adjusted PS Ratio falls into.


IST:SKBNK
55GF Score
Sekerbank TAS IST:SKBNK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sekerbank TAS 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.

Sekerbank TAS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.18/3.42
=1.81

* 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.

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

For example, Sekerbank TAS'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)
=2.509/333.9520*333.9520
=2.509

Current CPI (Jun. 2026) = 333.9520.

Sekerbank TAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.219 241.428 0.303
201612 0.227 241.432 0.314
201703 0.221 243.801 0.303
201706 0.226 244.955 0.308
201709 0.211 246.819 0.285
201712 0.234 246.524 0.317
201803 0.236 249.554 0.316
201806 0.315 251.989 0.417
201809 0.373 252.439 0.493
201812 0.197 251.233 0.262
201903 0.204 254.202 0.268
201906 0.219 256.143 0.286
201909 0.425 256.759 0.553
201912 0.261 256.974 0.339
202003 0.310 258.115 0.401
202006 0.370 257.797 0.479
202009 0.355 260.280 0.455
202012 0.339 260.474 0.435
202103 0.216 264.877 0.272
202106 0.225 271.696 0.277
202109 0.237 274.310 0.289
202112 0.390 278.802 0.467
202203 0.489 287.504 0.568
202206 0.544 296.311 0.613
202209 0.694 296.808 0.781
202212 1.170 296.797 1.316
202303 0.692 301.836 0.766
202306 1.583 305.109 1.733
202309 0.991 307.789 1.075
202312 1.596 306.746 1.738
202403 1.248 312.332 1.334
202406 1.249 314.175 1.328
202409 1.217 315.301 1.289
202412 2.038 315.605 2.156
202503 1.305 319.799 1.363
202506 1.793 322.561 1.856
202509 1.608 324.800 1.653
202512 2.029 324.054 2.091
202603 2.216 330.213 2.241
202606 2.509 333.952 2.509

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 1.81 mean?
Sekerbank TAS (IST:SKBNK) has a Cyclically Adjusted PS Ratio of 1.81 as of Aug. 26, 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 Sekerbank TAS and its competitors. This is 53% above median its historical median of 1.18. Over the past decade, Sekerbank TAS's Cyclically Adjusted PS Ratio has ranged from 0.61 to 5.74. According to the industry distribution chart, Sekerbank TAS ranks #264 out of 1297 companies in the Banks industry, placing it in the top 20.4%.
Is Sekerbank TAS's Cyclically Adjusted PS Ratio too high?
Sekerbank TAS's current Cyclically Adjusted PS Ratio of 1.81 is 53% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 5.74. The Banks industry median Cyclically Adjusted PS Ratio is 3.42. Sekerbank TAS's value of 1.81 is 47.1% below this industry median. Based on the distribution chart, Sekerbank TAS ranks #264 out of 1297 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Sekerbank TAS has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sekerbank TAS's Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Sekerbank TAS ranks #264 out of 1297 companies for Cyclically Adjusted PS Ratio. This places Sekerbank TAS in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.42. Sekerbank TAS's value of 1.81 is 47.1% below this benchmark. Historically, Sekerbank TAS's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 5.74 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 3.42, Sekerbank TAS 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.42, based on 1,297 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. Sekerbank TAS's current Cyclically Adjusted PS Ratio of 1.81 is 47.1% 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 Sekerbank TAS and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sekerbank TAS's current Cyclically Adjusted PS Ratio is 1.81, which is 53% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekerbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Sekerbank TAS (IST:SKBNK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺7.88, compared to a current price of ₺6.18 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.81, which is 53% above median its 10-year median of 1.18 and 47.1% below the Banks industry median of 3.42. Sekerbank TAS's overall GF Score™ is 55/100 with 2 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 Sekerbank TAS (IST:SKBNK), the current Cyclically Adjusted PS Ratio is 1.81 as of Aug. 26, 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 Sekerbank TAS (IST:SKBNK) Overvalued in 2026?

Based on GuruFocus' analysis, Sekerbank TAS stock appears to be undervalued. The current stock price of ₺6.18 is trading 21.6% below its estimated GF Value™ of ₺7.88. GuruFocus considers Sekerbank TAS to be Modestly Undervalued.

Key valuation signals for IST:SKBNK:

  • Cyclically Adjusted PS Ratio: 1.81 (53% above median its 10-year median of 1.18)
  • GF Value™: ₺7.88 vs. price of ₺6.18 (21.6% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 47.1% below the Banks median (#264 of 1297)

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


Sekerbank TAS Business Description

Address Eski Buyukdere Caddesi No: 1/1A, Emniyet Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415
Sekerbank TAS is a co-operative bank operating in Turkey, in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's segments include Corporate/ Commercial, Retail, SME, Treasury /Investment, and Others. It derives the majority of the revenue from Treasury /Investment segment.
55GF Score

Get the complete analysis for IST:SKBNK

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

₺6.18
Price
₺7.88
GF Value