TEK-ART Turizm Zigana AS (IST:TEKTU) Cyclically Adjusted PS Ratio: (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TEKTU TEK-ART Turizm Zigana AS IST:TEKTU
44 GF Score
Price ₺7.69
GF Value ₺4.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TEK-ART Turizm Zigana AS  (IST:TEKTU) 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.


TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Related Terms


TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio Chart

TEK-ART Turizm Zigana 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 11.99 26.75 17.44 23.32 41.89

TEK-ART Turizm Zigana 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 20.97 45.89 102.50 41.89 0.00

IST:TEKTU vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, TEK-ART Turizm Zigana 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.


TEK-ART Turizm Zigana AS Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TEK-ART Turizm Zigana AS's Cyclically Adjusted PS Ratio falls into.


IST:TEKTU
44GF Score
TEK-ART Turizm Zigana AS IST:TEKTU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TEK-ART Turizm Zigana 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)
=0/330.2130*330.2130
=0.000

Current CPI (Mar. 2026) = 330.2130.

TEK-ART Turizm Zigana AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.003 241.018 0.004
201609 0.012 241.428 0.016
201612 0.001 241.432 0.001
201703 0.002 243.801 0.003
201706 0.030 244.955 0.040
201709 0.082 246.819 0.110
201712 0.006 246.524 0.008
201803 0.007 249.554 0.009
201806 0.016 251.989 0.021
201809 0.001 252.439 0.001
201812 0.006 251.233 0.008
201903 0.004 254.202 0.005
201906 0.046 256.143 0.059
201909 0.115 256.759 0.148
201912 0.013 256.974 0.017
202003 0.005 258.115 0.006
202006 0.005 257.797 0.006
202009 0.057 260.280 0.072
202012 0.010 260.474 0.013
202103 0.004 264.877 0.005
202106 0.008 271.696 0.010
202109 0.058 274.310 0.070
202112 0.006 278.802 0.007
202203 0.007 287.504 0.008
202206 0.020 296.311 0.022
202209 0.116 296.808 0.129
202212 0.148 296.797 0.165
202303 0.016 301.836 0.018
202306 0.049 305.109 0.053
202309 0.299 307.789 0.321
202312 0.046 306.746 0.050
202403 0.005 312.332 0.005
202406 0.083 314.175 0.087
202409 0.292 315.301 0.306
202412 0.016 315.605 0.017
202503 0.001 319.799 0.001
202506 0.052 322.561 0.053
202509 0.322 324.800 0.327
202512 0.032 324.054 0.033
202603 0.000 330.213 0.000

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.

Is TEK-ART Turizm Zigana AS (IST:TEKTU) Overvalued in 2026?

Based on GuruFocus' analysis, TEK-ART Turizm Zigana AS stock appears to be overvalued. The current stock price of ₺7.69 is trading 54.7% above its estimated GF Value™ of ₺4.97. GuruFocus considers TEK-ART Turizm Zigana AS to be Significantly Overvalued.

Key valuation signals for IST:TEKTU:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₺4.97 vs. price of ₺7.69 (54.7% above fair value)
  • GF Score™: 44/100 with 5 warning signs

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


TEK-ART Turizm Zigana AS Business Description

Address Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR
TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.
44GF Score

Get the complete analysis for IST:TEKTU

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

₺7.69
Price
₺4.97
GF Value