Merit Turizm Yatirim ve Isletme AS (IST:MERIT) PS Ratio: 15.97 (As of Aug. 24, 2026) — 36% Below Median

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.

IST:MERIT Merit Turizm Yatirim ve Isletme AS IST:MERIT
78 GF Score
Price ₺15.83
GF Value ₺22.64
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Merit Turizm Yatirim ve Isletme AS PS Ratio?

Merit Turizm Yatirim ve Isletme AS IST:MERIT +0.06% 78 PS Ratio is 15.97 as of Aug. 24, 2026, which is 36% below its 10-year median of 24.85. GuruFocus rates IST:MERIT with a GF Score™ of 78/100 and a GF Value™ of ₺22.64 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, Merit Turizm Yatirim ve Isletme AS ranks worse than 94.78% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Merit Turizm Yatirim ve Isletme AS's share price is ₺15.83. Merit Turizm Yatirim ve Isletme AS's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₺0.99. Hence, Merit Turizm Yatirim ve Isletme AS's PS Ratio for today is 15.97.

Good Sign:

Merit Turizm Yatirim ve Isletme AS stock PS Ratio (=15.97) is close to 2-year low of 15.69.

The historical rank and industry rank for Merit Turizm Yatirim ve Isletme AS's PS Ratio or its related term are showing as below:

IST:MERIT' s PS Ratio Range Over the Past 10 Years
Min: 6.49   Med: 24.85   Max: 350.02
Current: 15.97

During the past 13 years, Merit Turizm Yatirim ve Isletme AS's highest PS Ratio was 350.02. The lowest was 6.49. And the median was 24.85.

IST:MERIT's PS Ratio is ranked worse than
94.78% of 843 companies
in the Travel & Leisure industry
Industry Median: 1.46 vs IST:MERIT: 15.97

Merit Turizm Yatirim ve Isletme AS's Revenue per Sharefor the three months ended in Mar. 2026 was ₺0.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₺0.99.

During the past 12 months, the average Revenue per Share Growth Rate of Merit Turizm Yatirim ve Isletme AS was 61.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 42.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 108.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 45.80% per year.

During the past 13 years, Merit Turizm Yatirim ve Isletme AS's highest 3-Year average Revenue per Share Growth Rate was 185.90% per year. The lowest was -23.80% per year. And the median was 26.25% per year.

Back to Basics: PS Ratio


Merit Turizm Yatirim ve Isletme AS  (IST:MERIT) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Merit Turizm Yatirim ve Isletme AS PS Ratio Related Terms


Merit Turizm Yatirim ve Isletme AS PS Ratio Historical Data

* Premium members only.

The historical data trend for Merit Turizm Yatirim ve Isletme AS's PS Ratio 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.

Merit Turizm Yatirim ve Isletme AS PS Ratio Chart

Merit Turizm Yatirim ve Isletme AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.72 10.33 12.53 26.96 18.55

Merit Turizm Yatirim ve Isletme AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio 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 19.72 22.43 21.41 18.55 15.65

IST:MERIT vs LVS, MGM, WYNN: PS Ratio Comparison

For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme AS's PS Ratio, along with its competitors' market caps and 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.


Merit Turizm Yatirim ve Isletme AS PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's PS Ratio distribution charts can be found below:

* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's PS Ratio falls into.


IST:MERIT
78GF Score
Merit Turizm Yatirim ve Isletme AS IST:MERIT
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merit Turizm Yatirim ve Isletme AS PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Merit Turizm Yatirim ve Isletme AS's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=15.83/0.991
=15.97

Merit Turizm Yatirim ve Isletme AS's Share Price of today is ₺15.83.
Merit Turizm Yatirim ve Isletme AS's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺0.99.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 15.97 mean?
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) has a PS Ratio of 15.97 as of Aug. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Merit Turizm Yatirim ve Isletme AS and its competitors. This is 36% below median its historical median of 24.85. Over the past decade, Merit Turizm Yatirim ve Isletme AS's PS Ratio has ranged from 6.49 to 350.02. According to the industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #799 out of 843 companies in the Travel & Leisure industry, placing it in the top 94.8%.
Is Merit Turizm Yatirim ve Isletme AS's PS Ratio too high?
Merit Turizm Yatirim ve Isletme AS's current PS Ratio of 15.97 is 36% below median its 10-year median of 24.85. Over the past 10 years, this metric has ranged from a low of 6.49 to a high of 350.02. The Travel & Leisure industry median PS Ratio is 1.46. Merit Turizm Yatirim ve Isletme AS's value of 15.97 is 993.8% above this industry median. Based on the distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #799 out of 843 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Merit Turizm Yatirim ve Isletme AS has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Merit Turizm Yatirim ve Isletme AS's PS Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #799 out of 843 companies for PS Ratio. This places Merit Turizm Yatirim ve Isletme AS in the lower half of its industry. The industry median PS Ratio is 1.46. Merit Turizm Yatirim ve Isletme AS's value of 15.97 is 993.8% above this benchmark. Historically, Merit Turizm Yatirim ve Isletme AS's own PS Ratio has ranged from 6.49 to 350.02 over the past decade. While the company's 10-year median is 24.85 vs. the industry median of 1.46, Merit Turizm Yatirim ve Isletme AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Travel & Leisure company?
The median PS Ratio among Travel & Leisure companies is 1.46, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Merit Turizm Yatirim ve Isletme AS's current PS Ratio of 15.97 is 993.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Merit Turizm Yatirim ve Isletme AS and its competitors. For the Travel & Leisure industry, the median PS Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Turizm Yatirim ve Isletme AS's current PS Ratio is 15.97, which is 36% below median its own 10-year median of 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Turizm Yatirim ve Isletme AS stock overvalued right now?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS (IST:MERIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₺22.64, compared to a current price of ₺15.83 — trading 30.1% below its estimated fair value. The current PS Ratio is 15.97, which is 36% below median its 10-year median of 24.85 and 993.8% above the Travel & Leisure industry median of 1.46. Merit Turizm Yatirim ve Isletme AS's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Merit Turizm Yatirim ve Isletme AS (IST:MERIT), the current PS Ratio is 15.97 as of Aug. 24, 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Overvalued in 2026?

Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS stock appears to be undervalued. The current stock price of ₺15.83 is trading 30.1% below its estimated GF Value™ of ₺22.64. GuruFocus considers Merit Turizm Yatirim ve Isletme AS to be Possible Value Trap.

Key valuation signals for IST:MERIT:

  • PS Ratio: 15.97 (36% below median its 10-year median of 24.85)
  • GF Value™: ₺22.64 vs. price of ₺15.83 (30.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 993.8% above the Travel & Leisure median (#799 of 843)

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


Merit Turizm Yatirim ve Isletme AS Business Description

Address Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337
Merit Turizm Yatirim ve Isletme AS is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.
78GF Score

Get the complete analysis for IST:MERIT

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

₺15.83
Price
₺22.64
GF Value