Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Cyclically Adjusted Revenue per Share: ₺5.75 (As of Mar. 2026)

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IST:TRGYO Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
88 GF Score
Price ₺92.35
GF Value ₺80.41
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Torunlar Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Revenue per Share?

Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO +0.44% 88 Cyclically Adjusted Revenue per Share is ₺5.75 as of Mar. 2026. GuruFocus rates IST:TRGYO with a GF Score™ of 88/100 and a GF Value™ of ₺80.41 (Modestly Overvalued). The stock has 4 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS's adjusted revenue per share for the three months ended in Mar. 2026 was ₺3.357. 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 ₺5.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Torunlar Gayrimenkul Yatirim Ortakligi AS's average Cyclically Adjusted Revenue Growth Rate was 40.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 50.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 48.40% 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 Torunlar Gayrimenkul Yatirim Ortakligi AS was 56.70% per year. The lowest was 13.90% per year. And the median was 40.40% per year.

As of today (2026-08-19), Torunlar Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺92.35. Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₺5.75. Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio of today is 16.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Torunlar Gayrimenkul Yatirim Ortakligi AS was 22.29. The lowest was 2.24. And the median was 7.95.


Torunlar Gayrimenkul Yatirim Ortakligi AS  (IST:TRGYO) 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=92.35/5.75
=16.06

* 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 Torunlar Gayrimenkul Yatirim Ortakligi AS was 22.29. The lowest was 2.24. And the median was 7.95.


Be Aware

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


Torunlar Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Revenue per Share Related Terms


Torunlar Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Torunlar Gayrimenkul Yatirim Ortakligi 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted Revenue per Share Chart

Torunlar Gayrimenkul Yatirim Ortakligi 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 0.99 1.56 2.24 3.81 5.33

Torunlar Gayrimenkul Yatirim Ortakligi 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 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 4.08 4.31 4.59 5.33 5.75

IST:TRGYO vs VICI, WPC: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Diversified subindustry, Torunlar Gayrimenkul Yatirim Ortakligi 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted PS Ratio falls into.


IST:TRGYO
88GF Score
Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Torunlar Gayrimenkul Yatirim Ortakligi 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, Torunlar Gayrimenkul Yatirim Ortakligi 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)
=3.357/330.2130*330.2130
=3.357

Current CPI (Mar. 2026) = 330.2130.

Torunlar Gayrimenkul Yatirim Ortakligi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.171 241.018 0.234
201609 0.214 241.428 0.293
201612 0.151 241.432 0.207
201703 0.135 243.801 0.183
201706 0.129 244.955 0.174
201709 0.166 246.819 0.222
201712 0.350 246.524 0.469
201803 0.674 249.554 0.892
201806 0.654 251.989 0.857
201809 0.341 252.439 0.446
201812 0.286 251.233 0.376
201903 0.206 254.202 0.268
201906 0.228 256.143 0.294
201909 0.257 256.759 0.331
201912 0.299 256.974 0.384
202003 0.332 258.115 0.425
202006 0.118 257.797 0.151
202009 0.326 260.280 0.414
202012 0.330 260.474 0.418
202103 0.261 264.877 0.325
202106 0.334 271.696 0.406
202109 0.428 274.310 0.515
202112 0.461 278.802 0.546
202203 0.594 287.504 0.682
202206 0.585 296.311 0.652
202209 0.754 296.808 0.839
202212 3.354 296.797 3.732
202303 1.645 301.836 1.800
202306 1.451 305.109 1.570
202309 1.738 307.789 1.865
202312 1.917 306.746 2.064
202403 1.962 312.332 2.074
202406 1.832 314.175 1.926
202409 2.231 315.301 2.337
202412 9.939 315.605 10.399
202503 2.406 319.799 2.484
202506 2.104 322.561 2.154
202509 2.572 324.800 2.615
202512 7.927 324.054 8.078
202603 3.357 330.213 3.357

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 ₺5.75 mean?
Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) has a Cyclically Adjusted Revenue per Share of ₺5.75 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Torunlar Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share too high?
Torunlar Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted Revenue per Share is ₺5.75. Overall, Torunlar Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share compare to VICI and WPC?
Torunlar Gayrimenkul Yatirim Ortakligi AS's Cyclically Adjusted Revenue per Share of ₺5.75 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs 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 Torunlar Gayrimenkul Yatirim Ortakligi AS and its competitors. Torunlar Gayrimenkul Yatirim Ortakligi AS's current Cyclically Adjusted Revenue per Share is ₺5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torunlar Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺80.41, compared to a current price of ₺92.35 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₺5.75. Torunlar Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 88/100 with 4 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO), the current Cyclically Adjusted Revenue per Share is ₺5.75 as of Mar. 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺92.35 is trading 14.8% above its estimated GF Value™ of ₺80.41. GuruFocus considers Torunlar Gayrimenkul Yatirim Ortakligi AS to be Modestly Overvalued.

Key valuation signals for IST:TRGYO:

  • Cyclically Adjusted Revenue per Share: ₺5.75
  • GF Value™: ₺80.41 vs. price of ₺92.35 (14.8% above fair value)
  • GF Score™: 88/100 with 4 warning signs

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


Torunlar Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Ruzgarlibahce Neighborhood Ozalp Exit No. 4, Beykoz, Istanbul, TUR, 34805
Torunlar Gayrimenkul Yatirim Ortakligi AS is engaged in developing living centers, including shopping malls, residences, offices, and hotels, with a focus on people and their lives. Its objective is to invest in retail, residential, entertainment, and office real estate development projects. The group operates in all phases of project development and management, including fundraising, land acquisition, project financing, permitting, design, construction supervision, sales, and marketing. It also undertakes post-project activities such as tenant mix and rent management, rent restructuring, renovation and expansion work, and other activities aimed at maximizing visitor traffic, occupancy rates, and rental income in shopping malls.
88GF Score

Get the complete analysis for IST:TRGYO

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

₺92.35
Price
₺80.41
GF Value