Turkiye Garanti Bankasi AS (STU:GBKB) Cyclically Adjusted Revenue per Share: €0.73 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:GBKB Turkiye Garanti Bankasi AS STU:GBKB
61 GF Score
Price €2.20
GF Value €2.94
! 3 Warning Signs
View Full Analysis

What is Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share?

Turkiye Garanti Bankasi AS STU:GBKB 61 Cyclically Adjusted Revenue per Share is €0.73 as of Jun. 2026. GuruFocus rates STU:GBKB with a GF Score™ of 61/100 and a GF Value™ of €2.94. The stock has 3 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.

Turkiye Garanti Bankasi AS's adjusted revenue per share for the three months ended in Jun. 2026 was €0.551. 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 €0.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Turkiye Garanti Bankasi AS's average Cyclically Adjusted Revenue Growth Rate was 46.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 48.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 47.00% 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 Turkiye Garanti Bankasi AS was 50.10% per year. The lowest was 32.10% per year. And the median was 46.55% per year.

As of today (2026-08-20), Turkiye Garanti Bankasi AS's current stock price is €2.20. Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.73. Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Turkiye Garanti Bankasi AS was 7.45. The lowest was 1.31. And the median was 2.79.


Turkiye Garanti Bankasi AS  (STU:GBKB) 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.

Turkiye Garanti Bankasi AS's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.20/0.73
=3.01

* 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 Turkiye Garanti Bankasi AS was 7.45. The lowest was 1.31. And the median was 2.79.


Be Aware

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


Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Related Terms


Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Turkiye Garanti Bankasi 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.

Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share Chart

Turkiye Garanti Bankasi 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 0.42 0.44 0.40 0.57 0.50

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 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 0.41 0.47 0.50 0.64 0.73

Turkiye Garanti Bankasi AS Cyclically Adjusted Revenue per Share 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.


STU:GBKB
61GF Score
Turkiye Garanti Bankasi AS STU:GBKB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turkiye Garanti Bankasi 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, 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)
=0.551/333.9520*333.9520
=0.551

Current CPI (Jun. 2026) = 333.9520.

Turkiye Garanti Bankasi AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.301 241.428 0.416
201612 0.286 241.432 0.396
201703 0.261 243.801 0.358
201706 0.272 244.955 0.371
201709 0.274 246.819 0.371
201712 0.294 246.524 0.398
201803 0.319 249.554 0.427
201806 0.279 251.989 0.370
201809 0.273 252.439 0.361
201812 0.280 251.233 0.372
201903 0.319 254.202 0.419
201906 0.253 256.143 0.330
201909 0.276 256.759 0.359
201912 0.303 256.974 0.394
202003 0.370 258.115 0.479
202006 0.267 257.797 0.346
202009 0.305 260.280 0.391
202012 0.212 260.474 0.272
202103 0.332 264.877 0.419
202106 0.250 271.696 0.307
202109 0.285 274.310 0.347
202112 0.402 278.802 0.482
202203 0.364 287.504 0.423
202206 0.382 296.311 0.431
202209 0.495 296.808 0.557
202212 0.508 296.797 0.572
202303 0.467 301.836 0.517
202306 0.436 305.109 0.477
202309 0.443 307.789 0.481
202312 0.479 306.746 0.521
202403 0.447 312.332 0.478
202406 0.445 314.175 0.473
202409 0.435 315.301 0.461
202412 0.571 315.605 0.604
202503 0.540 319.799 0.564
202506 0.489 322.561 0.506
202509 0.521 324.800 0.536
202512 0.559 324.054 0.576
202603 0.616 330.213 0.623
202606 0.551 333.952 0.551

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 €0.73 mean?
Turkiye Garanti Bankasi AS (STU:GBKB) has a Cyclically Adjusted Revenue per Share of €0.73 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 Turkiye Garanti Bankasi AS and its competitors.
Is Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share too high?
Turkiye Garanti Bankasi AS's current Cyclically Adjusted Revenue per Share is €0.73. Overall, Turkiye Garanti Bankasi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share compare to competitors?
Turkiye Garanti Bankasi AS's Cyclically Adjusted Revenue per Share of €0.73 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 Turkiye Garanti Bankasi AS and its competitors. Turkiye Garanti Bankasi AS's current Cyclically Adjusted Revenue per Share is €0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Garanti Bankasi AS stock overvalued right now?
Turkiye Garanti Bankasi AS (STU:GBKB) has a current Cyclically Adjusted Revenue per Share of €0.73. The stock's GF Value™ is €2.94, compared to a current price of €2.20 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.73. Turkiye Garanti Bankasi AS's overall GF Score™ is 61/100 with 3 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 Turkiye Garanti Bankasi AS (STU:GBKB), the current Cyclically Adjusted Revenue per Share is €0.73 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 Turkiye Garanti Bankasi AS (STU:GBKB) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Garanti Bankasi AS stock appears to be undervalued. The current stock price of €2.20 is trading 25.2% below its estimated GF Value™ of €2.94.

Key valuation signals for STU:GBKB:

  • Cyclically Adjusted Revenue per Share: €0.73
  • GF Value™: €2.94 vs. price of €2.20 (25.2% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Turkiye Garanti Bankasi AS Business Description

Other Exchanges TKGBY:USAGARAN:Turkey
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.
61GF Score

Get the complete analysis for STU:GBKB

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

€2.20
Price
€2.94
GF Value