Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) E10: ₺0.20 (As of Mar. 2026)


IST:MRGYO Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
55 GF Score
Price ₺1.54
GF Value ₺3.06
Valuation Possible Value Trap
! 9 Warning Signs
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What is Marti Gayrimenkul Yatirim Ortakligi AS E10?

Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO +1.32% 55 E10 is ₺0.20 as of Mar. 2026. GuruFocus rates IST:MRGYO with a GF Score™ of 55/100 and a GF Value™ of ₺3.06 (Possible Value Trap). The stock has 9 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.

Marti Gayrimenkul Yatirim Ortakligi AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.676. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺0.20 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marti Gayrimenkul Yatirim Ortakligi AS's average E10 Growth Rate was 17.60% 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 E10 growth rate using E10 data.

As of today (2026-07-03), Marti Gayrimenkul Yatirim Ortakligi AS's current stock price is ₺1.54. Marti Gayrimenkul Yatirim Ortakligi AS's E10 for the quarter that ended in Mar. 2026 was ₺0.20. Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio of today is 7.70.

During the past 13 years, the highest Shiller PE Ratio of Marti Gayrimenkul Yatirim Ortakligi AS was 51.90. The lowest was 5.19. And the median was 9.88.


Marti Gayrimenkul Yatirim Ortakligi AS  (IST:MRGYO) 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.

Marti Gayrimenkul Yatirim Ortakligi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.54/0.20
=7.70

* 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 Shiller P/E Ratio of Marti Gayrimenkul Yatirim Ortakligi AS was 51.90. The lowest was 5.19. And the median was 9.88.


Be Aware

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


Marti Gayrimenkul Yatirim Ortakligi AS E10 Related Terms


Marti Gayrimenkul Yatirim Ortakligi AS E10 Historical Data

* Premium members only.

The historical data trend for Marti Gayrimenkul 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.

Marti Gayrimenkul Yatirim Ortakligi AS E10 Chart

Marti Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.00 0.06 0.17 0.20

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Mar23 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 0.17 0.17 0.18 0.18 0.20

IST:MRGYO vs VICI, WPC: E10 Comparison

For the REIT - Diversified subindustry, Marti Gayrimenkul 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.


Marti Gayrimenkul Yatirim Ortakligi AS Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Marti Gayrimenkul Yatirim Ortakligi AS's Shiller PE Ratio falls into.


IST:MRGYO
55GF Score
Marti Gayrimenkul Yatirim Ortakligi AS IST:MRGYO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti Gayrimenkul 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, Marti Gayrimenkul 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)
=0.676/330.2130*330.2130
=0.676

Current CPI (Mar. 2026) = 330.2130.

Marti Gayrimenkul Yatirim Ortakligi AS Quarterly Data

per share eps CPI Adj_EPS
201506 -0.002 238.638 -0.003
201509 -0.005 237.945 -0.007
201512 0.033 236.525 0.046
201603 -0.253 238.132 -0.351
201606 -0.005 241.018 -0.007
201609 -0.002 241.428 -0.003
201612 -0.031 241.432 -0.042
201703 -0.140 243.801 -0.190
201706 0.010 244.955 0.013
201709 -0.002 246.819 -0.003
201712 -0.006 246.524 -0.008
201803 -0.100 249.554 -0.132
201806 -0.020 251.989 -0.026
201809 -0.025 252.439 -0.033
201812 0.002 251.233 0.003
201903 -0.084 254.202 -0.109
201906 0.009 256.143 0.012
201909 -0.003 256.759 -0.004
201912 0.002 256.974 0.003
202003 0.024 258.115 0.031
202006 -0.019 257.797 -0.024
202009 -0.052 260.280 -0.066
202012 0.007 260.474 0.009
202103 0.080 264.877 0.100
202106 0.000 271.696 0.000
202109 0.015 274.310 0.018
202112 -0.069 278.802 -0.082
202203 0.148 287.504 0.170
202303 0.000 301.836 0.000
202309 0.520 307.789 0.558
202312 0.004 306.746 0.004
202403 0.195 312.332 0.206
202406 0.001 314.175 0.001
202409 0.692 315.301 0.725
202412 0.002 315.605 0.002
202503 0.375 319.799 0.387
202506 0.006 322.561 0.006
202509 -0.002 324.800 -0.002
202512 0.013 324.054 0.013
202603 0.676 330.213 0.676

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 ₺0.20 mean?
Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) has a E10 of ₺0.20 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marti Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Marti Gayrimenkul Yatirim Ortakligi AS's E10 too high?
Marti Gayrimenkul Yatirim Ortakligi AS's current E10 is ₺0.20. Overall, Marti Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Gayrimenkul Yatirim Ortakligi AS's E10 compare to VICI and WPC?
Marti Gayrimenkul Yatirim Ortakligi AS's E10 of ₺0.20 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 E10 for a REITs company?
A good E10 depends on the REITs 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 Marti Gayrimenkul Yatirim Ortakligi AS and its competitors. Marti Gayrimenkul Yatirim Ortakligi AS's current E10 is ₺0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.06, compared to a current price of ₺1.54 — trading 49.7% below its estimated fair value. The current E10 is ₺0.20. Marti Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 55/100 with 9 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO), the current E10 is ₺0.20 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 Marti Gayrimenkul Yatirim Ortakligi AS (IST:MRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺1.54 is trading 49.7% below its estimated GF Value™ of ₺3.06. GuruFocus considers Marti Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:MRGYO:

  • E10: ₺0.20
  • GF Value™: ₺3.06 vs. price of ₺1.54 (49.7% below fair value)
  • GF Score™: 55/100 with 9 warning signs

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


Marti Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Inonu Cad Devred Han, Number 50/4 Gumussuyu, Beyoglu, Istanbul, TUR
Marti Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estates, capital market instruments based on real estates, real estate projects and property rights.
55GF Score

Get the complete analysis for IST:MRGYO

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

₺1.54
Price
₺3.06
GF Value