TGS Dis Ticaret AS (IST:TGSAS) E10: ₺1.97 (As of Mar. 2026)


IST:TGSAS TGS Dis Ticaret AS IST:TGSAS
80 GF Score
Price ₺171.80
GF Value ₺80.68
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TGS Dis Ticaret AS E10?

TGS Dis Ticaret AS IST:TGSAS -0.64% 80 E10 is ₺1.97 as of Mar. 2026. GuruFocus rates IST:TGSAS with a GF Score™ of 80/100 and a GF Value™ of ₺80.68 (Significantly Overvalued). The stock has 5 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.

TGS Dis Ticaret AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺0.138. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺1.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TGS Dis Ticaret AS's average E10 Growth Rate was 27.90% per year. During the past 3 years, the average E10 Growth Rate was 63.70% 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 TGS Dis Ticaret AS was 63.70% per year. The lowest was 47.70% per year. And the median was 55.70% per year.

As of today (2026-06-26), TGS Dis Ticaret AS's current stock price is ₺171.80. TGS Dis Ticaret AS's E10 for the quarter that ended in Mar. 2026 was ₺1.97. TGS Dis Ticaret AS's Shiller PE Ratio of today is 87.21.

During the past 13 years, the highest Shiller PE Ratio of TGS Dis Ticaret AS was 155.35. The lowest was 29.04. And the median was 48.47.


TGS Dis Ticaret AS  (IST:TGSAS) 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.

TGS Dis Ticaret AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=171.80/1.97
=87.21

* 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 TGS Dis Ticaret AS was 155.35. The lowest was 29.04. And the median was 48.47.


Be Aware

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


TGS Dis Ticaret AS E10 Related Terms


TGS Dis Ticaret AS E10 Historical Data

* Premium members only.

The historical data trend for TGS Dis 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.

TGS Dis Ticaret AS E10 Chart

TGS Dis 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 0.40 0.44 0.58 1.29 1.93

TGS Dis 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 1.54 1.59 1.72 1.93 1.97

IST:TGSAS vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, TGS Dis 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.


TGS Dis Ticaret AS Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TGS Dis Ticaret AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TGS Dis Ticaret AS's Shiller PE Ratio falls into.


IST:TGSAS
80GF Score
TGS Dis Ticaret AS IST:TGSAS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TGS Dis 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, TGS Dis 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)
=0.138/330.2130*330.2130
=0.138

Current CPI (Mar. 2026) = 330.2130.

TGS Dis Ticaret AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.027 241.018 0.037
201609 0.055 241.428 0.075
201612 -0.002 241.432 -0.003
201703 0.025 243.801 0.034
201706 0.015 244.955 0.020
201709 0.080 246.819 0.107
201712 0.031 246.524 0.042
201803 0.080 249.554 0.106
201806 0.310 251.989 0.406
201809 0.210 252.439 0.275
201812 0.375 251.233 0.493
201903 0.200 254.202 0.260
201906 0.160 256.143 0.206
201909 0.260 256.759 0.334
201912 0.002 256.974 0.003
202003 0.036 258.115 0.046
202006 0.070 257.797 0.090
202009 0.040 260.280 0.051
202012 0.001 260.474 0.001
202103 0.190 264.877 0.237
202106 0.180 271.696 0.219
202109 0.200 274.310 0.241
202112 0.256 278.802 0.303
202203 0.250 287.504 0.287
202206 0.300 296.311 0.334
202209 0.250 296.808 0.278
202212 -0.304 296.797 -0.338
202303 0.219 301.836 0.240
202306 0.320 305.109 0.346
202309 0.522 307.789 0.560
202312 0.273 306.746 0.294
202403 0.819 312.332 0.866
202406 1.492 314.175 1.568
202409 1.178 315.301 1.234
202412 3.585 315.605 3.751
202503 2.560 319.799 2.643
202506 0.365 322.561 0.374
202509 1.208 324.800 1.228
202512 2.261 324.054 2.304
202603 0.138 330.213 0.138

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 ₺1.97 mean?
TGS Dis Ticaret AS (IST:TGSAS) has a E10 of ₺1.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TGS Dis Ticaret AS and its competitors.
Is TGS Dis Ticaret AS's E10 too high?
TGS Dis Ticaret AS's current E10 is ₺1.97. Overall, TGS Dis Ticaret AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS Dis Ticaret AS's E10 compare to GWW and FAST?
TGS Dis Ticaret AS's E10 of ₺1.97 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 TGS Dis Ticaret AS and its competitors. TGS Dis Ticaret AS's current E10 is ₺1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS Dis Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, TGS Dis Ticaret AS (IST:TGSAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺80.68, compared to a current price of ₺171.80 — trading 112.9% above its estimated fair value. The current E10 is ₺1.97. TGS Dis Ticaret AS's overall GF Score™ is 80/100 with 5 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 TGS Dis Ticaret AS (IST:TGSAS), the current E10 is ₺1.97 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 TGS Dis Ticaret AS (IST:TGSAS) Overvalued in 2026?

Based on GuruFocus' analysis, TGS Dis Ticaret AS stock appears to be overvalued. The current stock price of ₺171.80 is trading 112.9% above its estimated GF Value™ of ₺80.68. GuruFocus considers TGS Dis Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:TGSAS:

  • E10: ₺1.97
  • GF Value™: ₺80.68 vs. price of ₺171.80 (112.9% above fair value)
  • GF Score™: 80/100 with 5 warning signs

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


TGS Dis Ticaret AS Business Description

Address Halkali Merkez Mahallesi, Basin Ekspres Yolu, Capital Tower No:9 Kat:1 D:11/12/13/14, Kucukcekmece, Istanbul, TUR
TGS Dis Ticaret AS offers import and export services. The company facilitates the transfer of goods and services across international boundaries.
80GF Score

Get the complete analysis for IST:TGSAS

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

₺171.80
Price
₺80.68
GF Value