Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IST:IHLGM) E10: ₺-0.24 (As of Mar. 2026)

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IST:IHLGM Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS IST:IHLGM
31 GF Score
Price ₺1.58
GF Value ₺4.43
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS E10?

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS IST:IHLGM -0.63% 31 E10 is ₺-0.24 as of Mar. 2026. GuruFocus rates IST:IHLGM with a GF Score™ of 31/100 and a GF Value™ of ₺4.43 (Possible Value Trap). The stock has 2 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.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.289. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.24 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -44.20% 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 Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS was -44.20% per year. The lowest was -65.10% per year. And the median was -54.65% per year.

As of today (2026-08-25), Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's current stock price is ₺1.58. Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's E10 for the quarter that ended in Mar. 2026 was ₺-0.24. Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS was 83.00. The lowest was 26.00. And the median was 50.67.


Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS  (IST:IHLGM) 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 Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS was 83.00. The lowest was 26.00. And the median was 50.67.


Be Aware

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


Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS E10 Related Terms


Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS E10 Historical Data

* Premium members only.

The historical data trend for Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS E10 Chart

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 0.01 -0.09 -0.27 -0.34 -0.27

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 -0.29 -0.32 -0.33 -0.27 -0.24

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS E10 Competitor Comparison

For the Real Estate - Diversified subindustry, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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.


Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's Shiller PE Ratio falls into.


IST:IHLGM
31GF Score
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS IST:IHLGM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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)
=0.289/330.2130*330.2130
=0.289

Current CPI (Mar. 2026) = 330.2130.

Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS Quarterly Data

per share eps CPI Adj_EPS
201606 -0.002 241.018 -0.003
201609 0.000 241.428 0.000
201612 0.002 241.432 0.003
201703 -0.003 243.801 -0.004
201706 0.005 244.955 0.007
201709 -0.001 246.819 -0.001
201712 -0.014 246.524 -0.019
201803 -0.001 249.554 -0.001
201806 0.001 251.989 0.001
201809 -0.005 252.439 -0.007
201812 -0.007 251.233 -0.009
201903 0.013 254.202 0.017
201906 0.018 256.143 0.023
201909 0.046 256.759 0.059
201912 0.020 256.974 0.026
202003 0.011 258.115 0.014
202006 -0.005 257.797 -0.006
202009 -0.007 260.280 -0.009
202012 0.004 260.474 0.005
202103 0.009 264.877 0.011
202106 0.017 271.696 0.021
202109 0.033 274.310 0.040
202112 0.049 278.802 0.058
202203 0.026 287.504 0.030
202206 0.029 296.311 0.032
202209 0.056 296.808 0.062
202212 -1.200 296.797 -1.335
202303 -0.497 301.836 -0.544
202306 -0.027 305.109 -0.029
202309 -0.400 307.789 -0.429
202312 -0.672 306.746 -0.723
202403 0.240 312.332 0.254
202406 -0.467 314.175 -0.491
202409 -0.128 315.301 -0.134
202412 -0.261 315.605 -0.273
202503 0.464 319.799 0.479
202506 -0.228 322.561 -0.233
202509 -0.041 324.800 -0.042
202512 0.536 324.054 0.546
202603 0.289 330.213 0.289

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 ₺-0.24 mean?
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IST:IHLGM) has a E10 of ₺-0.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS and its competitors.
Is Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's E10 too high?
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's current E10 is ₺-0.24. Overall, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's E10 compare to competitors?
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's E10 of ₺-0.24 can be compared against companies in the Real Estate 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 a Real Estate company?
A good E10 depends on the Real Estate 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 Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS and its competitors. Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's current E10 is ₺-0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IST:IHLGM) is currently considered Possible Value Trap. The stock's GF Value™ is ₺4.43, compared to a current price of ₺1.58 — trading 64.3% below its estimated fair value. The current E10 is ₺-0.24. Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS's overall GF Score™ is 31/100 with 2 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 Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IST:IHLGM), the current E10 is ₺-0.24 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 Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IST:IHLGM) Overvalued in 2026?

Based on GuruFocus' analysis, Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS stock appears to be undervalued. The current stock price of ₺1.58 is trading 64.3% below its estimated GF Value™ of ₺4.43. GuruFocus considers Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:IHLGM:

  • E10: ₺-0.24
  • GF Value™: ₺4.43 vs. price of ₺1.58 (64.3% below fair value)
  • GF Score™: 31/100 with 2 warning signs

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


Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS Business Description

Address Merkez Mahallesi 29 Ekim Caddesi Ihlas, Plaza No: 11-A / 11, Istanbul, TUR, 34197
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS is engaged in the real estate sector. Its project includes OurHouses 8; Marmara Houses 4 and OurHouses Guzelce.
31GF Score

Get the complete analysis for IST:IHLGM

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

₺1.58
Price
₺4.43
GF Value