T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Cyclically Adjusted Revenue per Share: ₺62.41 (As of Jun. 2026)

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IST:TBORG T Tuborg Bira Ve Malt Sanayii AS IST:TBORG
93 GF Score
Price ₺161.00
GF Value ₺215.78
Valuation Modestly Undervalued
! 9 Warning Signs
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What is T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Revenue per Share?

T Tuborg Bira Ve Maltnayii AS IST:TBORG +2.22% 93 Cyclically Adjusted Revenue per Share is ₺62.41 as of Jun. 2026. GuruFocus rates IST:TBORG with a GF Score™ of 93/100 and a GF Value™ of ₺215.78 (Modestly Undervalued). The stock has 9 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.

T Tuborg Bira Ve Maltnayii AS's adjusted revenue per share for the three months ended in Jun. 2026 was ₺51.880. 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 ₺62.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, T Tuborg Bira Ve Maltnayii AS's average Cyclically Adjusted Revenue Growth Rate was 49.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 76.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 76.60% 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 T Tuborg Bira Ve Maltnayii AS was 91.50% per year. The lowest was 27.60% per year. And the median was 68.30% per year.

As of today (2026-09-01), T Tuborg Bira Ve Maltnayii AS's current stock price is ₺161.00. T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₺62.41. T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted PS Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of T Tuborg Bira Ve Maltnayii AS was 7.05. The lowest was 2.03. And the median was 4.09.


T Tuborg Bira Ve Maltnayii AS  (IST:TBORG) 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.

T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=161.00/62.41
=2.58

* 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 T Tuborg Bira Ve Maltnayii AS was 7.05. The lowest was 2.03. And the median was 4.09.


Be Aware

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


T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Revenue per Share Related Terms


T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for T Tuborg Bira Ve Maltnayii AS'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.

T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted Revenue per Share Chart

T Tuborg Bira Ve Maltnayii AS 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 4.90 9.79 17.29 34.41 53.89

T Tuborg Bira Ve Maltnayii 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 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 41.64 50.56 53.89 56.69 62.41

IST:TBORG vs STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii 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.


T Tuborg Bira Ve Maltnayii AS Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted PS Ratio falls into.


IST:TBORG
93GF Score
T Tuborg Bira Ve Malt Sanayii AS IST:TBORG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T Tuborg Bira Ve Maltnayii AS 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, T Tuborg Bira Ve Maltnayii 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)
=51.88/333.9520*333.9520
=51.880

Current CPI (Jun. 2026) = 333.9520.

T Tuborg Bira Ve Maltnayii AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.895 241.428 1.238
201612 0.759 241.432 1.050
201703 0.706 243.801 0.967
201706 0.954 244.955 1.301
201709 1.044 246.819 1.413
201712 1.129 246.524 1.529
201803 0.883 249.554 1.182
201806 1.147 251.989 1.520
201809 1.633 252.439 2.160
201812 1.607 251.233 2.136
201903 1.090 254.202 1.432
201906 1.557 256.143 2.030
201909 2.241 256.759 2.915
201912 1.844 256.974 2.396
202003 1.128 258.115 1.459
202006 1.808 257.797 2.342
202009 2.702 260.280 3.467
202012 2.391 260.474 3.065
202103 1.663 264.877 2.097
202106 2.663 271.696 3.273
202109 3.648 274.310 4.441
202112 3.421 278.802 4.098
202203 3.376 287.504 3.921
202206 6.048 296.311 6.816
202209 8.243 296.808 9.275
202212 29.283 296.797 32.949
202303 8.930 301.836 9.880
202306 19.346 305.109 21.175
202309 22.468 307.789 24.378
202312 22.662 306.746 24.672
202403 14.524 312.332 15.529
202406 32.382 314.175 34.420
202409 35.754 315.301 37.869
202412 85.664 315.605 90.644
202503 18.960 319.799 19.799
202506 46.970 322.561 48.629
202509 87.117 324.800 89.572
202512 35.426 324.054 36.508
202603 18.494 330.213 18.703
202606 51.880 333.952 51.880

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 ₺62.41 mean?
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) has a Cyclically Adjusted Revenue per Share of ₺62.41 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 T Tuborg Bira Ve Maltnayii AS and its competitors.
Is T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Revenue per Share too high?
T Tuborg Bira Ve Maltnayii AS's current Cyclically Adjusted Revenue per Share is ₺62.41. Overall, T Tuborg Bira Ve Maltnayii AS has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Revenue per Share compare to STZ and TAP?
T Tuborg Bira Ve Maltnayii AS's Cyclically Adjusted Revenue per Share of ₺62.41 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic 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 T Tuborg Bira Ve Maltnayii AS and its competitors. T Tuborg Bira Ve Maltnayii AS's current Cyclically Adjusted Revenue per Share is ₺62.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Tuborg Bira Ve Maltnayii AS stock overvalued right now?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS (IST:TBORG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺215.78, compared to a current price of ₺161.00 — trading 25.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₺62.41. T Tuborg Bira Ve Maltnayii AS's overall GF Score™ is 93/100 with 9 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG), the current Cyclically Adjusted Revenue per Share is ₺62.41 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Overvalued in 2026?

Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS stock appears to be undervalued. The current stock price of ₺161.00 is trading 25.4% below its estimated GF Value™ of ₺215.78. GuruFocus considers T Tuborg Bira Ve Maltnayii AS to be Modestly Undervalued.

Key valuation signals for IST:TBORG:

  • Cyclically Adjusted Revenue per Share: ₺62.41
  • GF Value™: ₺215.78 vs. price of ₺161.00 (25.4% below fair value)
  • GF Score™: 93/100 with 9 warning signs

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


T Tuborg Bira Ve Maltnayii AS Business Description

Address Kemalpasa Street, No. 258, Isikkent Bornova, Izmir, TUR, 35070
T Tuborg Bira Ve Malt Sanayii AS produces, sells, and distributes beer and malt to domestic and international markets. Its products are sold under the brand names Tuborg, Carlsberg, Frederik, Troy, and others.
93GF Score

Get the complete analysis for IST:TBORG

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

₺161.00
Price
₺215.78
GF Value