Gozde Girisim Sermayesi Yatirim Ortakligi AS (IST:GOZDE) E10: ₺-3.94 (As of Mar. 2026)

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IST:GOZDE Gozde Girisim Sermayesi Yatirim Ortakligi AS IST:GOZDE
21 GF Score
Price ₺22.86
GF Value ₺0.01
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Gozde Girisim Sermayesi Yatirim Ortakligi AS E10?

Gozde Girisim Sermayesi Yatirim Ortakligi AS IST:GOZDE -0.78% 21 E10 is ₺-3.94 as of Mar. 2026. GuruFocus rates IST:GOZDE with a GF Score™ of 21/100 and a GF Value™ of ₺0.01 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gozde Girisim Sermayesi Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺-3.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-3.94 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 61.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Gozde Girisim Sermayesi Yatirim Ortakligi AS was 69.00% per year. The lowest was 61.40% per year. And the median was 65.20% per year.

As of today (2026-07-13), Gozde Girisim Sermayesi Yatirim Ortakligi AS's current stock price is ₺22.86. Gozde Girisim Sermayesi Yatirim Ortakligi AS's E10 for the quarter that ended in Mar. 2026 was ₺-3.94. Gozde Girisim Sermayesi Yatirim Ortakligi AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Gozde Girisim Sermayesi Yatirim Ortakligi AS was 706.00. The lowest was 16.82. And the median was 115.82.


Gozde Girisim Sermayesi Yatirim Ortakligi AS  (IST:GOZDE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Gozde Girisim Sermayesi Yatirim Ortakligi AS was 706.00. The lowest was 16.82. And the median was 115.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Gozde Girisim Sermayesi Yatirim Ortakligi AS E10 Related Terms


Gozde Girisim Sermayesi Yatirim Ortakligi AS E10 Historical Data

* Premium members only.

The historical data trend for Gozde Girisim Sermayesi Yatirim Ortakligi AS's E10 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.

Gozde Girisim Sermayesi Yatirim Ortakligi AS E10 Chart

Gozde Girisim Sermayesi Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.64 -61.34 0.22 -1.72 -3.52

Gozde Girisim Sermayesi 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
E10 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 -2.25 -2.44 -2.37 -3.52 -3.94

IST:GOZDE vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Gozde Girisim Sermayesi Yatirim Ortakligi AS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Gozde Girisim Sermayesi Yatirim Ortakligi AS Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Gozde Girisim Sermayesi Yatirim Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gozde Girisim Sermayesi Yatirim Ortakligi AS's Shiller PE Ratio falls into.


IST:GOZDE
21GF Score
Gozde Girisim Sermayesi Yatirim Ortakligi AS IST:GOZDE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gozde Girisim Sermayesi Yatirim Ortakligi AS E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Gozde Girisim Sermayesi Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-3.54/330.2130*330.2130
=-3.540

Current CPI (Mar. 2026) = 330.2130.

Gozde Girisim Sermayesi Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201606 -0.029 241.018 -0.040
201609 -0.055 241.428 -0.075
201612 0.386 241.432 0.528
201703 -0.077 243.801 -0.104
201706 -0.027 244.955 -0.036
201709 -0.082 246.819 -0.110
201712 5.355 246.524 7.173
201803 -0.199 249.554 -0.263
201806 -3.462 251.989 -4.537
201809 -0.335 252.439 -0.438
201812 2.222 251.233 2.921
201903 -0.884 254.202 -1.148
201906 -0.061 256.143 -0.079
201909 0.420 256.759 0.540
201912 0.502 256.974 0.645
202003 -0.806 258.115 -1.031
202006 1.272 257.797 1.629
202009 -0.752 260.280 -0.954
202012 4.738 260.474 6.007
202103 -0.526 264.877 -0.656
202106 1.199 271.696 1.457
202109 6.158 274.310 7.413
202112 12.528 278.802 14.838
202203 -1.340 287.504 -1.539
202206 0.704 296.311 0.785
202209 3.337 296.808 3.713
202212 -2.148 296.797 -2.390
202303 -31.340 301.836 -34.286
202306 5.500 305.109 5.953
202309 5.730 307.789 6.147
202312 -9.371 306.746 -10.088
202403 -1.930 312.332 -2.040
202406 -1.180 314.175 -1.240
202409 -3.200 315.301 -3.351
202412 -13.005 315.605 -13.607
202503 -5.280 319.799 -5.452
202506 -1.790 322.561 -1.832
202509 0.680 324.800 0.691
202512 -10.810 324.054 -11.015
202603 -3.540 330.213 -3.540

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₺-3.94 mean?
Gozde Girisim Sermayesi Yatirim Ortakligi AS (IST:GOZDE) has a E10 of ₺-3.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gozde Girisim Sermayesi Yatirim Ortakligi AS and its competitors.
Is Gozde Girisim Sermayesi Yatirim Ortakligi AS's E10 too high?
Gozde Girisim Sermayesi Yatirim Ortakligi AS's current E10 is ₺-3.94. Overall, Gozde Girisim Sermayesi Yatirim Ortakligi AS has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gozde Girisim Sermayesi Yatirim Ortakligi AS's E10 compare to BLK and BX?
Gozde Girisim Sermayesi Yatirim Ortakligi AS's E10 of ₺-3.94 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Asset Management company?
A good E10 depends on the Asset Management industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gozde Girisim Sermayesi Yatirim Ortakligi AS and its competitors. Gozde Girisim Sermayesi Yatirim Ortakligi AS's current E10 is ₺-3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gozde Girisim Sermayesi Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Gozde Girisim Sermayesi Yatirim Ortakligi AS (IST:GOZDE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.01, compared to a current price of ₺22.86 — trading 228500% above its estimated fair value. The current E10 is ₺-3.94. Gozde Girisim Sermayesi Yatirim Ortakligi AS's overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Gozde Girisim Sermayesi Yatirim Ortakligi AS (IST:GOZDE), the current E10 is ₺-3.94 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 Gozde Girisim Sermayesi Yatirim Ortakligi AS (IST:GOZDE) Overvalued in 2026?

Based on GuruFocus' analysis, Gozde Girisim Sermayesi Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺22.86 is trading 228500% above its estimated GF Value™ of ₺0.01. GuruFocus considers Gozde Girisim Sermayesi Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:GOZDE:

  • E10: ₺-3.94
  • GF Value™: ₺0.01 vs. price of ₺22.86 (228500% above fair value)
  • GF Score™: 21/100 with 3 warning signs

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


Gozde Girisim Sermayesi Yatirim Ortakligi AS Business Description

Address Kisikli Mahallesi Cesme Cikmazi Sokak, Yildiz Holding Apartment. No:6/1, Uskudar, Istanbul, TUR
Gozde Girisim Sermayesi Yatirim Ortakligi AS is established to invest in companies having financial and operational restructuring needs and growth potential. The company targets to invest in non-food companies having financial and operational restructuring needs which promise comparably rapid and higher returns.
21GF Score

Get the complete analysis for IST:GOZDE

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺22.86
Price
₺0.01
GF Value