Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Cyclically Adjusted PS Ratio: 0.54 (As of Jul. 18, 2026) — 39% Below Median

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IST:ZOREN Zorlu Enerji Elektrik Uretim AS IST:ZOREN
61 GF Score
Price ₺2.66
GF Value ₺3.25
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio?

Zorlu Enerji Elektrik Uretim AS IST:ZOREN -0.75% 61 Cyclically Adjusted PS Ratio is 0.54 as of Jul. 18, 2026, which is 39% below its 10-year median of 0.88. GuruFocus rates IST:ZOREN with a GF Score™ of 61/100 and a GF Value™ of ₺3.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, Zorlu Enerji Elektrik Uretim AS ranks better than 76.21% on this metric.

As of today (2026-07-18), Zorlu Enerji Elektrik Uretim AS's current share price is ₺2.66. Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺4.95. Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio for today is 0.54.

The historical rank and industry rank for Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

IST:ZOREN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.88   Max: 2.49
Current: 0.54

During the past years, Zorlu Enerji Elektrik Uretim AS's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.54. And the median was 0.88.

IST:ZOREN's Cyclically Adjusted PS Ratio is ranked better than
76.21% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.66 vs IST:ZOREN: 0.54

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.

Zorlu Enerji Elektrik Uretim AS's adjusted revenue per share data for the three months ended in Mar. 2026 was ₺1.182. 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 ₺4.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zorlu Enerji Elektrik Uretim AS  (IST:ZOREN) 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.


Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio Related Terms


Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio Chart

Zorlu Enerji Elektrik Uretim 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 0.67 1.75 1.30 1.09 0.64

Zorlu Enerji Elektrik Uretim 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 0.84 0.70 0.78 0.64 0.56

Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Zorlu Enerji Elektrik Uretim 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.


Zorlu Enerji Elektrik Uretim AS Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio falls into.


IST:ZOREN
61GF Score
Zorlu Enerji Elektrik Uretim AS IST:ZOREN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.66/4.95
=0.54

* 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.

Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Zorlu Enerji Elektrik Uretim 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)
=1.182/330.2130*330.2130
=1.182

Current CPI (Mar. 2026) = 330.2130.

Zorlu Enerji Elektrik Uretim AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.203 241.018 0.278
201609 0.204 241.428 0.279
201612 0.234 241.432 0.320
201703 0.180 243.801 0.244
201706 0.266 244.955 0.359
201709 0.347 246.819 0.464
201712 0.462 246.524 0.619
201803 0.360 249.554 0.476
201806 0.282 251.989 0.370
201809 0.441 252.439 0.577
201812 0.523 251.233 0.687
201903 0.520 254.202 0.675
201906 0.482 256.143 0.621
201909 0.514 256.759 0.661
201912 0.754 256.974 0.969
202003 0.613 258.115 0.784
202006 0.483 257.797 0.619
202009 0.617 260.280 0.783
202012 0.573 260.474 0.726
202103 0.748 264.877 0.933
202106 0.595 271.696 0.723
202109 0.796 274.310 0.958
202112 1.009 278.802 1.195
202203 1.251 287.504 1.437
202206 1.477 296.311 1.646
202209 1.887 296.808 2.099
202212 4.593 296.797 5.110
202303 2.153 301.836 2.355
202306 1.852 305.109 2.004
202309 1.929 307.789 2.070
202312 1.832 306.746 1.972
202403 1.440 312.332 1.522
202406 1.394 314.175 1.465
202409 2.251 315.301 2.357
202412 2.369 315.605 2.479
202503 1.601 319.799 1.653
202506 1.326 322.561 1.357
202509 1.975 324.800 2.008
202512 2.459 324.054 2.506
202603 1.182 330.213 1.182

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 0.54 mean?
Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) has a Cyclically Adjusted PS Ratio of 0.54 as of Jul. 18, 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 Zorlu Enerji Elektrik Uretim AS and its competitors. This is 39% below median its historical median of 0.88. Over the past decade, Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.49. According to the industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #64 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.8%.
Is Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio too high?
Zorlu Enerji Elektrik Uretim AS's current Cyclically Adjusted PS Ratio of 0.54 is 39% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.49. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.66. Zorlu Enerji Elektrik Uretim AS's value of 0.54 is 67.5% below this industry median. Based on the distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #64 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Zorlu Enerji Elektrik Uretim AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zorlu Enerji Elektrik Uretim AS's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #64 out of 269 companies for Cyclically Adjusted PS Ratio. This places Zorlu Enerji Elektrik Uretim AS in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.66. Zorlu Enerji Elektrik Uretim AS's value of 0.54 is 67.5% below this benchmark. Historically, Zorlu Enerji Elektrik Uretim AS's own Cyclically Adjusted PS Ratio has ranged from 0.54 to 2.49 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.66, Zorlu Enerji Elektrik Uretim AS 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.66, based on 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. Zorlu Enerji Elektrik Uretim AS's current Cyclically Adjusted PS Ratio of 0.54 is 67.5% 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 Zorlu Enerji Elektrik Uretim AS and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zorlu Enerji Elektrik Uretim AS's current Cyclically Adjusted PS Ratio is 0.54, which is 39% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zorlu Enerji Elektrik Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.25, compared to a current price of ₺2.66 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.54, which is 39% below median its 10-year median of 0.88 and 67.5% below the Utilities - Independent Power Producers industry median of 1.66. Zorlu Enerji Elektrik Uretim AS's overall GF Score™ is 61/100 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN), the current Cyclically Adjusted PS Ratio is 0.54 as of Jul. 18, 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Overvalued in 2026?

Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS stock appears to be undervalued. The current stock price of ₺2.66 is trading 18.2% below its estimated GF Value™ of ₺3.25. GuruFocus considers Zorlu Enerji Elektrik Uretim AS to be Modestly Undervalued.

Key valuation signals for IST:ZOREN:

  • Cyclically Adjusted PS Ratio: 0.54 (39% below median its 10-year median of 0.88)
  • GF Value™: ₺3.25 vs. price of ₺2.66 (18.2% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 67.5% below the Utilities - Independent Power Producers median (#64 of 269)

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


Zorlu Enerji Elektrik Uretim AS Business Description

Address Buyukdere Caddesi, No: 199, Levent 199, Istanbul, TUR, 34394
Zorlu Enerji Elektrik Uretim AS together with its subsidiaries is engaged in establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers.
61GF Score

Get the complete analysis for IST:ZOREN

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

₺2.66
Price
₺3.25
GF Value