Akbank TAS (FRA:AKB2) Cyclically Adjusted Revenue per Share: €2.11 (As of Jun. 2026)

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FRA:AKB2 Akbank TAS FRA:AKB2
82 GF Score
Price €2.24
GF Value €3.00
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Akbank TAS Cyclically Adjusted Revenue per Share?

Akbank TAS FRA:AKB2 +1.87% 82 Cyclically Adjusted Revenue per Share is €2.11 as of Jun. 2026. GuruFocus rates FRA:AKB2 with a GF Score™ of 82/100 and a GF Value™ of €3.00 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Akbank TAS's adjusted revenue per share for the three months ended in Jun. 2026 was €0.582. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €2.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Akbank TAS's average Cyclically Adjusted Revenue Growth Rate was 39.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 39.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 41.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Akbank TAS was 44.90% per year. The lowest was 11.30% per year. And the median was 34.40% per year.

As of today (2026-09-22), Akbank TAS's current stock price is €2.24. Akbank TAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.11. Akbank TAS's Cyclically Adjusted PS Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Akbank TAS was 6.74. The lowest was 1.44. And the median was 2.78.


Akbank TAS  (FRA:AKB2) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Akbank TAS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.24/2.113
=1.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Akbank TAS was 6.74. The lowest was 1.44. And the median was 2.78.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Akbank TAS Cyclically Adjusted Revenue per Share Related Terms


Akbank TAS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Akbank TAS's Cyclically Adjusted Revenue per Share 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.

Akbank TAS Cyclically Adjusted Revenue per Share Chart

Akbank TAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.85 1.93 1.98 2.05

Akbank TAS Quarterly Data
Mar09 Sep09 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 2.02 2.04 2.05 2.09 2.11

Akbank TAS Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, Akbank TAS'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.


Akbank TAS Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Cyclically Adjusted PS Ratio falls into.


FRA:AKB2
82GF Score
Akbank TAS FRA:AKB2
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akbank TAS Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Akbank TAS'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)
=0.582/333.9520*333.9520
=0.582

Current CPI (Jun. 2026) = 333.9520.

Akbank TAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200312 0.486 184.300 0.881
200403 0.325 187.400 0.579
200406 0.329 189.700 0.579
200409 0.334 189.900 0.587
200412 0.477 190.300 0.837
200503 0.249 193.300 0.430
200506 0.215 194.500 0.369
200509 0.279 198.800 0.469
200512 0.362 196.800 0.614
200603 0.305 199.800 0.510
200606 0.269 202.900 0.443
200609 0.210 202.900 0.346
200612 0.326 201.800 0.539
200703 0.269 205.352 0.437
200706 0.210 208.352 0.337
200709 0.295 208.490 0.473
200712 0.333 210.036 0.529
200803 0.323 213.528 0.505
200809 0.313 218.783 0.478
200812 0.269 210.228 0.427
200903 0.341 212.709 0.535
200909 0.345 215.969 0.533
202203 0.459 287.504 0.533
202206 0.611 296.311 0.689
202209 0.650 296.808 0.731
202212 0.796 296.797 0.896
202303 0.527 301.836 0.583
202306 0.701 305.109 0.767
202309 0.641 307.789 0.695
202312 0.513 306.746 0.558
202403 0.504 312.332 0.539
202406 0.455 314.175 0.484
202409 0.470 315.301 0.498
202412 0.521 315.605 0.551
202503 0.599 319.799 0.626
202506 0.479 322.561 0.496
202509 0.542 324.800 0.557
202512 0.586 324.054 0.604
202603 0.628 330.213 0.635
202606 0.582 333.952 0.582

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €2.11 mean?
Akbank TAS (FRA:AKB2) has a Cyclically Adjusted Revenue per Share of €2.11 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Akbank TAS and its competitors.
Is Akbank TAS's Cyclically Adjusted Revenue per Share too high?
Akbank TAS's current Cyclically Adjusted Revenue per Share is €2.11. Overall, Akbank TAS has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akbank TAS's Cyclically Adjusted Revenue per Share compare to competitors?
Akbank TAS's Cyclically Adjusted Revenue per Share of €2.11 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Akbank TAS and its competitors. Akbank TAS's current Cyclically Adjusted Revenue per Share is €2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akbank TAS stock overvalued right now?
Based on GuruFocus' analysis, Akbank TAS (FRA:AKB2) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.00, compared to a current price of €2.24 — trading 25.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €2.11. Akbank TAS's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Akbank TAS (FRA:AKB2), the current Cyclically Adjusted Revenue per Share is €2.11 as of Jun. 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 Akbank TAS (FRA:AKB2) Overvalued in 2026?

Based on GuruFocus' analysis, Akbank TAS stock appears to be undervalued. The current stock price of €2.24 is trading 25.3% below its estimated GF Value™ of €3.00. GuruFocus considers Akbank TAS to be Modestly Undervalued.

Key valuation signals for FRA:AKB2:

  • Cyclically Adjusted Revenue per Share: €2.11
  • GF Value™: €3.00 vs. price of €2.24 (25.3% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the FRA:AKB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akbank TAS Business Description

Address Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is one of Turkey's largest private commercial banks, headquartered in Istanbul. It provides retail banking services including deposit accounts, consumer loans, credit cards, mortgages, and wealth management, alongside commercial, SME, corporate, and investment banking. Its offerings also include foreign exchange, money market, and securities transactions, as well as insurance intermediary services. The bank serves individual customers, small and medium-sized enterprises, large corporations, and institutional clients through a nationwide branch network and digital banking platforms. Net interest income accounts for the majority of revenue, supplemented by fees and commissions from lending, payment, and advisory activities. Akbank operates primarily in Turkey, with a limited international presence through subsidiaries and representative offices abroad. Sabanci Holding and its affiliates remain a significant shareholder.
82GF Score

Get the complete analysis for FRA:AKB2

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

€2.24
Price
€3.00
GF Value