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Migros Ticaret ASIST:MGROS +0.19%85 Shiller PE Ratio is 24.94 as of Sep. 07, 2026, which is 26% below its 10-year median of 33.90. GuruFocus rates IST:MGROS with a GF Score™ of 85/100 and a GF Value™ of ₺714.65 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 190 Retail - Defensive companies, Migros Ticaret AS ranks worse than 67.89% on this metric.
The historical rank and industry rank for Migros Ticaret AS's Shiller PE Ratio or its related term are showing as below:
IST:MGROS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.94 Med: 33.9 Max: 55.68
Current: 24.9
During the past years, Migros Ticaret AS's highest Shiller PE Ratio was 55.68. The lowest was 21.94. And the median was 33.90.
IST:MGROS's Shiller PE Ratio is ranked worse than 67.89% of 190
companies
in the Retail - Defensive industry
Industry Median: 18.21
vs IST:MGROS: 24.90
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Migros Ticaret AS's adjusted earnings per share data for the three months ended in Jun. 2026 was ₺-4.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₺21.17 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Migros Ticaret AS (IST:MGROS) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Migros Ticaret AS Shiller PE Ratio Related Terms
Migros Ticaret AS Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Migros Ticaret AS's Shiller PE 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.
IST:MGROS vs KR, SFM, ACI: Shiller PE Ratio Comparison
For the Grocery Stores subindustry, Migros 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.
Migros Ticaret AS Shiller PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Migros Ticaret AS's Shiller PE Ratio falls into.
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Migros Ticaret AS's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Migros Ticaret AS's adjusted earnings per share data for the three months ended in Jun. 2026 was:
Add all the adjusted EPS together and divide 10 will get our 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.
Migros Ticaret AS (IST:MGROS) has a Shiller PE Ratio of 24.94 as of Sep. 07, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Migros Ticaret AS and its competitors. This is 26% below median its historical median of 33.90. Over the past decade, Migros Ticaret AS's Shiller PE Ratio has ranged from 21.94 to 55.68. According to the industry distribution chart, Migros Ticaret AS ranks #129 out of 190 companies in the Retail - Defensive industry, placing it in the top 67.9%.
Is Migros Ticaret AS's Shiller PE Ratio too high?
Migros Ticaret AS's current Shiller PE Ratio of 24.94 is 26% below median its 10-year median of 33.90. Over the past 10 years, this metric has ranged from a low of 21.94 to a high of 55.68. The Retail - Defensive industry median Shiller PE Ratio is 18.21. Migros Ticaret AS's value of 24.94 is 37% above this industry median. Based on the distribution chart, Migros Ticaret AS ranks #129 out of 190 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Migros Ticaret AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's Shiller PE Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Migros Ticaret AS ranks #129 out of 190 companies for Shiller PE Ratio. This places Migros Ticaret AS in the lower half of its industry. The industry median Shiller PE Ratio is 18.21. Migros Ticaret AS's value of 24.94 is 37% above this benchmark. Historically, Migros Ticaret AS's own Shiller PE Ratio has ranged from 21.94 to 55.68 over the past decade. While the company's 10-year median is 33.90 vs. the industry median of 18.21, Migros Ticaret 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 Shiller PE Ratio for a Retail - Defensive company?
The median Shiller PE Ratio among Retail - Defensive companies is 18.21, based on 190 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Migros Ticaret AS's current Shiller PE Ratio of 24.94 is 37% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Migros Ticaret AS and its competitors. For the Retail - Defensive industry, the median Shiller PE Ratio is 18.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current Shiller PE Ratio is 24.94, which is 26% below median its own 10-year median of 33.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺714.65, compared to a current price of ₺528.00 — trading 26.1% below its estimated fair value. The current Shiller PE Ratio is 24.94, which is 26% below median its 10-year median of 33.90 and 37% above the Retail - Defensive industry median of 18.21. Migros Ticaret AS's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Migros Ticaret AS (IST:MGROS), the current Shiller PE Ratio is 24.94 as of Sep. 07, 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?
Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be undervalued.
The current stock price of ₺528.00 is trading 26.1% below its estimated GF Value™ of ₺714.65.
GuruFocus considers Migros Ticaret AS to be Modestly Undervalued.
Key valuation signals for IST:MGROS:
Shiller PE Ratio: 24.94 (26% below median its 10-year median of 33.90)
GF Value™: ₺714.65 vs. price of ₺528.00 (26.1% below fair value)
Industry Position: 37% above the Retail - Defensive median (#129 of 190)
No single metric tells the full story. See the IST:MGROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
85GF Score
Get the complete analysis for IST:MGROS
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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