Turkiye Garanti Bankasi AS (LSE:39IS) Cyclically Adjusted PS Ratio: (As of Aug. 02, 2026)

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What is Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turkiye Garanti Bankasi AS  (LSE:39IS) 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.


Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio Related Terms


Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Turkiye Garanti Bankasi 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.

Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio Chart

Turkiye Garanti Bankasi 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 1.78 3.12 4.03 5.82 4.59

Turkiye Garanti Bankasi 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 5.18 4.88 4.59 3.63 3.62

Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Turkiye Garanti Bankasi 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.


Turkiye Garanti Bankasi AS Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio falls into.



Turkiye Garanti Bankasi 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.

Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Turkiye Garanti Bankasi 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)
=0.476/333.9520*333.9520
=0.476

Current CPI (Jun. 2026) = 333.9520.

Turkiye Garanti Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.257 241.428 0.355
201612 0.242 241.432 0.335
201703 0.226 243.801 0.310
201706 0.239 244.955 0.326
201709 0.245 246.819 0.331
201712 0.260 246.524 0.352
201803 0.281 249.554 0.376
201806 0.245 251.989 0.325
201809 0.243 252.439 0.321
201812 0.252 251.233 0.335
201903 0.274 254.202 0.360
201906 0.226 256.143 0.295
201909 0.246 256.759 0.320
201912 0.257 256.974 0.334
202003 0.331 258.115 0.428
202006 0.240 257.797 0.311
202009 0.277 260.280 0.355
202012 0.192 260.474 0.246
202103 0.285 264.877 0.359
202106 0.215 271.696 0.264
202109 0.244 274.310 0.297
202112 0.341 278.802 0.408
202203 0.304 287.504 0.353
202206 0.328 296.311 0.370
202209 0.433 296.808 0.487
202212 0.442 296.797 0.497
202303 0.412 301.836 0.456
202306 0.374 305.109 0.409
202309 0.382 307.789 0.414
202312 0.413 306.746 0.450
202403 0.382 312.332 0.408
202406 0.377 314.175 0.401
202409 0.365 315.301 0.387
202412 0.473 315.605 0.500
202503 0.452 319.799 0.472
202506 0.416 322.561 0.431
202509 0.453 324.800 0.466
202512 0.489 324.054 0.504
202603 0.535 330.213 0.541
202606 0.476 333.952 0.476

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.


Turkiye Garanti Bankasi AS Business Description

Address Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Turkiye Garanti Bankasi AS is an integrated financial services group operating predominantly in Turkey but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's plan emphasizes customer service. The vast majority of its earning assets consist of loans, with a dominant positioning in consumer loans, mortgages, and auto loans. The company's business segments include: Retail Banking, Corporate Banking, Investment Banking and Others.