Turk Hava Yollari AO (IST:THYAO) PS Ratio: 0.43 (As of Jul. 02, 2026) — Near Median


IST:THYAO Turk Hava Yollari AO IST:THYAO
81 GF Score
Price ₺328.50
GF Value ₺469.78
Valuation Possible Value Trap
! 8 Warning Signs
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What is Turk Hava Yollari AO PS Ratio?

Turk Hava Yollari AO IST:THYAO +0.77% 81 PS Ratio is 0.43 as of Jul. 02, 2026, which is at its 10-year median of 0.43. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺469.78 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 993 Transportation companies, Turk Hava Yollari AO ranks better than 75.33% 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, Turk Hava Yollari AO's share price is ₺328.50. Turk Hava Yollari AO's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₺761.20. Hence, Turk Hava Yollari AO's PS Ratio for today is 0.43.

The historical rank and industry rank for Turk Hava Yollari AO's PS Ratio or its related term are showing as below:

IST:THYAO' s PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.43   Max: 0.99
Current: 0.43

During the past 13 years, Turk Hava Yollari AO's highest PS Ratio was 0.99. The lowest was 0.15. And the median was 0.43.

IST:THYAO's PS Ratio is ranked better than
75.33% of 993 companies
in the Transportation industry
Industry Median: 1.02 vs IST:THYAO: 0.43

Turk Hava Yollari AO's Revenue per Sharefor the three months ended in Mar. 2026 was ₺189.28. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₺761.20.

Warning Sign:

Turk Hava Yollari AO revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Turk Hava Yollari AO was 33.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 49.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 86.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 47.50% per year.

During the past 13 years, Turk Hava Yollari AO's highest 3-Year average Revenue per Share Growth Rate was 127.20% per year. The lowest was -3.60% per year. And the median was 25.10% per year.

Back to Basics: PS Ratio


Turk Hava Yollari AO  (IST:THYAO) 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.


Turk Hava Yollari AO PS Ratio Related Terms


Turk Hava Yollari AO PS Ratio Historical Data

* Premium members only.

The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO PS Ratio Chart

Turk Hava Yollari AO 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 0.28 0.63 0.52 0.49 0.36

Turk Hava Yollari AO 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 0.55 0.47 0.48 0.36 0.39

IST:THYAO vs DAL, UAL, LUV: PS Ratio Comparison

For the Airlines subindustry, Turk Hava Yollari AO'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.


Turk Hava Yollari AO PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's PS Ratio distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's PS Ratio falls into.


IST:THYAO
81GF Score
Turk Hava Yollari AO IST:THYAO
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turk Hava Yollari AO 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.

Turk Hava Yollari AO's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=328.50/761.198
=0.43

Turk Hava Yollari AO's Share Price of today is ₺328.50.
Turk Hava Yollari AO'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 ₺761.20.

* 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 0.43 mean?
Turk Hava Yollari AO (IST:THYAO) has a PS Ratio of 0.43 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Turk Hava Yollari AO and its competitors. This is near median its historical median of 0.43. Over the past decade, Turk Hava Yollari AO's PS Ratio has ranged from 0.15 to 0.99. According to the industry distribution chart, Turk Hava Yollari AO ranks #245 out of 993 companies in the Transportation industry, placing it in the top 24.7%.
Is Turk Hava Yollari AO's PS Ratio too high?
Turk Hava Yollari AO's current PS Ratio of 0.43 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.99. The Transportation industry median PS Ratio is 1.02. Turk Hava Yollari AO's value of 0.43 is 57.8% below this industry median. Based on the distribution chart, Turk Hava Yollari AO ranks #245 out of 993 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Turk Hava Yollari AO has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Turk Hava Yollari AO ranks #245 out of 993 companies for PS Ratio. This places Turk Hava Yollari AO in the top 25% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.02. Turk Hava Yollari AO's value of 0.43 is 57.8% below this benchmark. Historically, Turk Hava Yollari AO's own PS Ratio has ranged from 0.15 to 0.99 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.02, Turk Hava Yollari AO has consistently been below 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 Transportation company?
The median PS Ratio among Transportation companies is 1.02, based on 993 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. Turk Hava Yollari AO's current PS Ratio of 0.43 is 57.8% below 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 Turk Hava Yollari AO and its competitors. For the Transportation industry, the median PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Hava Yollari AO's current PS Ratio is 0.43, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺469.78, compared to a current price of ₺328.50 — trading 30.1% below its estimated fair value. The current PS Ratio is 0.43, which is near median its 10-year median of 0.43 and 57.8% below the Transportation industry median of 1.02. Turk Hava Yollari AO's overall GF Score™ is 81/100 with 8 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 Turk Hava Yollari AO (IST:THYAO), the current PS Ratio is 0.43 as of Jul. 02, 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 Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued. The current stock price of ₺328.50 is trading 30.1% below its estimated GF Value™ of ₺469.78. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • PS Ratio: 0.43 (near median its 10-year median of 0.43)
  • GF Value™: ₺469.78 vs. price of ₺328.50 (30.1% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 57.8% below the Transportation median (#245 of 993)

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


Turk Hava Yollari AO Business Description

Other Exchanges TKHVY:USATU5A:Germany
Address Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
81GF Score

Get the complete analysis for IST:THYAO

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

₺328.50
Price
₺469.78
GF Value