Smartiks Yazilim AS (IST:SMART) Shiller PE Ratio: 137.78 (As of Aug. 25, 2026) — 11% 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:SMART Smartiks Yazilim AS IST:SMART
73 GF Score
Price ₺24.80
GF Value ₺20.08
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Smartiks Yazilim AS Shiller PE Ratio?

Smartiks Yazilim AS IST:SMART +0.16% 73 Shiller PE Ratio is 137.78 as of Aug. 25, 2026, which is 11% below its 10-year median of 155.56. GuruFocus rates IST:SMART with a GF Score™ of 73/100 and a GF Value™ of ₺20.08 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,022 Software companies, Smartiks Yazilim AS ranks worse than 91.78% on this metric.

As of today (2026-08-25), Smartiks Yazilim AS's current share price is ₺24.80. Smartiks Yazilim AS's E10 for the fiscal year that ended in Dec25 was ₺0.18. Smartiks Yazilim AS's Shiller PE Ratio for today is 137.78.

The historical rank and industry rank for Smartiks Yazilim AS's Shiller PE Ratio or its related term are showing as below:

IST:SMART' s Shiller PE Ratio Range Over the Past 10 Years
Min: 122.33   Med: 155.56   Max: 216.67
Current: 136.1

During the past 10 years, Smartiks Yazilim AS's highest Shiller PE Ratio was 216.67. The lowest was 122.33. And the median was 155.56.

IST:SMART's Shiller PE Ratio is ranked worse than
91.78% of 1022 companies
in the Software industry
Industry Median: 27.675 vs IST:SMART: 136.10

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.

Smartiks Yazilim AS's adjusted earnings per share data of for the fiscal year that ended in Dec25 was ₺-0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₺0.18 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartiks Yazilim AS  (IST:SMART) 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.


Smartiks Yazilim AS Shiller PE Ratio Related Terms


Smartiks Yazilim AS Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Smartiks Yazilim 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.

Smartiks Yazilim AS Shiller PE Ratio Chart

Smartiks Yazilim AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 118.60

Smartiks Yazilim AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 0.00 0.00 0.00 118.60 0.00

IST:SMART vs MSFT, ORCL, PLTR: Shiller PE Ratio Comparison

For the Software - Infrastructure subindustry, Smartiks Yazilim 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.


Smartiks Yazilim AS Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Smartiks Yazilim AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Smartiks Yazilim AS's Shiller PE Ratio falls into.


IST:SMART
73GF Score
Smartiks Yazilim AS IST:SMART
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smartiks Yazilim AS Shiller PE Ratio Calculation

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.

Smartiks Yazilim AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.80/0.18
=137.78

* 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.

Smartiks Yazilim AS's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Smartiks Yazilim AS's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.64/324.0540*324.0540
=-0.640

Current CPI (Dec25) = 324.0540.

Smartiks Yazilim AS Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 0.168 241.432 0.225
201712 0.190 246.524 0.250
201812 0.211 251.233 0.272
201912 0.250 256.974 0.315
202012 0.120 260.474 0.149
202112 0.120 278.802 0.139
202212 -1.420 296.797 -1.550
202312 2.040 306.746 2.155
202412 0.510 315.605 0.524
202512 -0.640 324.054 -0.640

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 137.78 mean?
Smartiks Yazilim AS (IST:SMART) has a Shiller PE Ratio of 137.78 as of Aug. 25, 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 Smartiks Yazilim AS and its competitors. This is 11% below median its historical median of 155.56. Over the past decade, Smartiks Yazilim AS's Shiller PE Ratio has ranged from 122.33 to 216.67. According to the industry distribution chart, Smartiks Yazilim AS ranks #938 out of 1022 companies in the Software industry, placing it in the top 91.8%.
Is Smartiks Yazilim AS's Shiller PE Ratio too high?
Smartiks Yazilim AS's current Shiller PE Ratio of 137.78 is 11% below median its 10-year median of 155.56. Over the past 10 years, this metric has ranged from a low of 122.33 to a high of 216.67. The Software industry median Shiller PE Ratio is 27.68. Smartiks Yazilim AS's value of 137.78 is 397.9% above this industry median. Based on the distribution chart, Smartiks Yazilim AS ranks #938 out of 1022 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Smartiks Yazilim AS has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartiks Yazilim AS's Shiller PE Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Smartiks Yazilim AS ranks #938 out of 1022 companies for Shiller PE Ratio. This places Smartiks Yazilim AS in the lower half of its industry. The industry median Shiller PE Ratio is 27.68. Smartiks Yazilim AS's value of 137.78 is 397.9% above this benchmark. Historically, Smartiks Yazilim AS's own Shiller PE Ratio has ranged from 122.33 to 216.67 over the past decade. While the company's 10-year median is 155.56 vs. the industry median of 27.68, Smartiks Yazilim 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 Software company?
The median Shiller PE Ratio among Software companies is 27.68, based on 1,022 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. Smartiks Yazilim AS's current Shiller PE Ratio of 137.78 is 397.9% 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 Smartiks Yazilim AS and its competitors. For the Software industry, the median Shiller PE Ratio is 27.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartiks Yazilim AS's current Shiller PE Ratio is 137.78, which is 11% below median its own 10-year median of 155.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartiks Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, Smartiks Yazilim AS (IST:SMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺20.08, compared to a current price of ₺24.80 — trading 23.5% above its estimated fair value. The current Shiller PE Ratio is 137.78, which is 11% below median its 10-year median of 155.56 and 397.9% above the Software industry median of 27.68. Smartiks Yazilim AS's overall GF Score™ is 73/100 with 7 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 Smartiks Yazilim AS (IST:SMART), the current Shiller PE Ratio is 137.78 as of Aug. 25, 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 Smartiks Yazilim AS (IST:SMART) Overvalued in 2026?

Based on GuruFocus' analysis, Smartiks Yazilim AS stock appears to be overvalued. The current stock price of ₺24.80 is trading 23.5% above its estimated GF Value™ of ₺20.08. GuruFocus considers Smartiks Yazilim AS to be Modestly Overvalued.

Key valuation signals for IST:SMART:

  • Shiller PE Ratio: 137.78 (11% below median its 10-year median of 155.56)
  • GF Value™: ₺20.08 vs. price of ₺24.80 (23.5% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 397.9% above the Software median (#938 of 1022)

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


Smartiks Yazilim AS Business Description

Address Eski Londra Asfalti Caddesi No:151/E, D:2 Blok Z06, ifte Havuzlar Mahallesi, YTU Davutpasa Kampusu Teknopark Teknoloji Gelistir, Esenler, Istanbul, TUR
Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors. The consultancy services are grouped under Enterprise Software Development/Consultancy and Technology Solutions Consultancy.
73GF Score

Get the complete analysis for IST:SMART

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

₺24.80
Price
₺20.08
GF Value