Tumosan Motor ve Traktornayi AS (IST:TMSN) Cyclically Adjusted PS Ratio: (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:TMSN Tumosan Motor ve Traktor Sanayi AS IST:TMSN
41 GF Score
Price ₺74.45
GF Value ₺23.68
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tumosan Motor ve Traktornayi AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tumosan Motor ve Traktornayi AS  (IST:TMSN) 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.


Tumosan Motor ve Traktornayi AS Cyclically Adjusted PS Ratio Related Terms


Tumosan Motor ve Traktornayi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tumosan Motor ve Traktornayi 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.

Tumosan Motor ve Traktornayi AS Cyclically Adjusted PS Ratio Chart

Tumosan Motor ve Traktornayi 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 3.54 5.81 4.03 4.15 3.14

Tumosan Motor ve Traktornayi 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 3.47 3.62 3.14 3.08 0.00

IST:TMSN vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Tumosan Motor ve Traktornayi 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.


Tumosan Motor ve Traktornayi AS Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tumosan Motor ve Traktornayi AS's Cyclically Adjusted PS Ratio falls into.


IST:TMSN
41GF Score
Tumosan Motor ve Traktor Sanayi AS IST:TMSN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tumosan Motor ve Traktornayi 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.

Tumosan Motor ve Traktornayi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tumosan Motor ve Traktornayi 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)
=12.631/333.9520*333.9520
=12.631

Current CPI (Jun. 2026) = 333.9520.

Tumosan Motor ve Traktornayi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.061 241.428 1.468
201612 1.212 241.432 1.676
201703 1.129 243.801 1.546
201706 1.339 244.955 1.825
201709 1.182 246.819 1.599
201712 1.389 246.524 1.882
201803 0.877 249.554 1.174
201806 1.066 251.989 1.413
201809 0.956 252.439 1.265
201812 0.718 251.233 0.954
201903 0.837 254.202 1.100
201906 0.705 256.143 0.919
201909 0.560 256.759 0.728
201912 1.091 256.974 1.418
202003 0.956 258.115 1.237
202006 1.278 257.797 1.656
202009 1.702 260.280 2.184
202012 3.334 260.474 4.274
202103 2.306 264.877 2.907
202106 2.966 271.696 3.646
202109 2.167 274.310 2.638
202112 2.323 278.802 2.783
202203 4.455 287.504 5.175
202206 7.997 296.311 9.013
202209 8.484 296.808 9.546
202212 39.469 296.797 44.410
202303 16.194 301.836 17.917
202306 20.510 305.109 22.449
202309 28.242 307.789 30.643
202312 30.543 306.746 33.252
202403 15.972 312.332 17.078
202406 15.286 314.175 16.248
202409 16.047 315.301 16.996
202412 28.781 315.605 30.454
202503 16.905 319.799 17.653
202506 1.679 322.561 1.738
202509 5.210 324.800 5.357
202512 8.739 324.054 9.006
202603 2.677 330.213 2.707
202606 12.631 333.952 12.631

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 Tumosan Motor ve Traktornayi AS (IST:TMSN) Overvalued in 2026?

Based on GuruFocus' analysis, Tumosan Motor ve Traktornayi AS stock appears to be overvalued. The current stock price of ₺74.45 is trading 214.4% above its estimated GF Value™ of ₺23.68. GuruFocus considers Tumosan Motor ve Traktornayi AS to be Significantly Overvalued.

Key valuation signals for IST:TMSN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₺23.68 vs. price of ₺74.45 (214.4% above fair value)
  • GF Score™: 41/100 with 9 warning signs

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


Tumosan Motor ve Traktornayi AS Business Description

Address Maltepe Mahallesi London Asfalti Caddesi Number 28/1, Topkapi, Zeytinburnu, Istanbul, TUR, 34010
Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.
41GF Score

Get the complete analysis for IST:TMSN

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

₺74.45
Price
₺23.68
GF Value