Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Price-to-Tangible-Book : 1.22 (As of Apr. 27, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Turkiye Garanti Bankasi AS Price-to-Tangible-Book?

As of today (2024-04-27), Turkiye Garanti Bankasi AS's share price is $2.415. Turkiye Garanti Bankasi AS's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.98. Hence, Turkiye Garanti Bankasi AS's Price to Tangible Book Ratio of today is 1.22.

The historical rank and industry rank for Turkiye Garanti Bankasi AS's Price-to-Tangible-Book or its related term are showing as below:

TKGBY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 0.9 Max: 1.51
Current: 1.36

During the past 13 years, Turkiye Garanti Bankasi AS's highest Price to Tangible Book Ratio was 1.51. The lowest was 0.60. And the median was 0.90.

TKGBY's Price-to-Tangible-Book is ranked worse than
76.23% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs TKGBY: 1.36

A closely related ratio is called PB Ratio. As of today, Turkiye Garanti Bankasi AS's share price is $2.415. Turkiye Garanti Bankasi AS's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.00. Hence, Turkiye Garanti Bankasi AS's P/B Ratio of today is 1.21.

Turkiye Garanti Bankasi AS Price-to-Tangible-Book Historical Data

The historical data trend for Turkiye Garanti Bankasi AS's Price-to-Tangible-Book 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.

* Premium members only.

Turkiye Garanti Bankasi AS Price-to-Tangible-Book Chart

Turkiye Garanti Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.83

0.75

0.62

0.80

1.04

Turkiye Garanti Bankasi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.80	0.71	0.68	1.02	1.04

Competitive Comparison of Turkiye Garanti Bankasi AS's Price-to-Tangible-Book

For the Banks - Regional subindustry, Turkiye Garanti Bankasi AS's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Turkiye Garanti Bankasi AS's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Garanti Bankasi AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Turkiye Garanti Bankasi AS's Price-to-Tangible-Book falls into.

Turkiye Garanti Bankasi AS Price-to-Tangible-Book Calculation

Turkiye Garanti Bankasi AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.415	/	1.983
	=	1.22

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Turkiye Garanti Bankasi AS Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Turkiye Garanti Bankasi AS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Garanti Bankasi AS (OTCPK:TKGBY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TKGBF:USA GARAN:Turkey GBKB:Germany

Address

Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340

Website

https://www.garantibbva.com.tr

Turkiye Garanti Bankasi AS is an integrated financial services group operating primarily in Turkey, but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. Its vast majority of its earning assets consist of loans, with strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

Turkiye Garanti Bankasi AS (Turkiye Garanti Bankasi AS) Headlines

From GuruFocus

Garanti Bank Presentation Now Available for On-Demand Viewing

By PRNewswire PRNewswire • 04-16-2018

Garanti Bank to Webcast, Live, at VirtualInvestorConferences.com April 12

By PRNewswire PRNewswire • 04-09-2018