UELKY (Ulker Biskuvinayi AS) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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UELKY Ulker Biskuvi Sanayi AS UELKY
84 GF Score
Price $18.50
GF Value $46.58
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Ulker Biskuvinayi AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ulker Biskuvinayi AS  (OTCPK:UELKY) 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.


Ulker Biskuvinayi AS Cyclically Adjusted PS Ratio Related Terms


Ulker Biskuvinayi AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS Cyclically Adjusted PS Ratio Chart

Ulker Biskuvinayi 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 0.30 0.50 0.63 0.54 0.44

Ulker Biskuvinayi 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 0.48 0.47 0.45 0.46 0.46

UELKY vs MDLZ, HSY, TR: Cyclically Adjusted PS Ratio Comparison

For the Confectioners subindustry, Ulker Biskuvinayi 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.


Ulker Biskuvinayi AS Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ulker Biskuvinayi AS's Cyclically Adjusted PS Ratio falls into.


UELKY
84GF Score
Ulker Biskuvi Sanayi AS UELKY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ulker Biskuvinayi 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.

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

For example, Ulker Biskuvinayi 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)
=16.06/333.9520*333.9520
=16.060

Current CPI (Jun. 2026) = 333.9520.

Ulker Biskuvinayi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.253 241.428 11.416
201612 11.511 241.432 15.922
201703 10.067 243.801 13.790
201706 9.541 244.955 13.007
201709 8.839 246.819 11.959
201712 10.021 246.524 13.575
201803 10.789 249.554 14.438
201806 8.774 251.989 11.628
201809 7.468 252.439 9.879
201812 9.200 251.233 12.229
201903 10.564 254.202 13.878
201906 9.074 256.143 11.830
201909 9.754 256.759 12.686
201912 10.829 256.974 14.073
202003 11.361 258.115 14.699
202006 9.139 257.797 11.839
202009 9.268 260.280 11.891
202012 10.171 260.474 13.040
202103 10.994 264.877 13.861
202106 9.262 271.696 11.384
202109 10.180 274.310 12.393
202112 10.681 278.802 12.794
202203 12.324 287.504 14.315
202206 11.107 296.311 12.518
202209 11.907 296.808 13.397
202212 14.165 296.797 15.938
202303 15.656 301.836 17.322
202306 13.271 305.109 14.526
202309 12.544 307.789 13.610
202312 22.608 306.746 24.613
202403 17.152 312.332 18.339
202406 12.805 314.175 13.611
202409 14.695 315.301 15.564
202412 20.442 315.605 21.630
202503 20.123 319.799 21.014
202506 16.098 322.561 16.666
202509 16.873 324.800 17.348
202512 19.845 324.054 20.451
202603 21.002 330.213 21.240
202606 16.060 333.952 16.060

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 Ulker Biskuvinayi AS (UELKY) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of $18.50 is trading 60.3% below its estimated GF Value™ of $46.58. GuruFocus considers Ulker Biskuvinayi AS to be Significantly Undervalued.

Key valuation signals for UELKY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $46.58 vs. price of $18.50 (60.3% below fair value)
  • GF Score™: 84/100 with 7 warning signs

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


Ulker Biskuvinayi AS Business Description

Other Exchanges ULKER:Turkey
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
84GF Score

Get the complete analysis for UELKY

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

$18.50
Price
$46.58
GF Value