Akbank TAS (Akbank TAS) PB Ratio : 1.32 (As of Apr. 30, 2024)

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What is Akbank TAS PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-30), Akbank TAS's share price is $3.678. Akbank TAS's Book Value per Share for the quarter that ended in Dec. 2023 was $2.79. Hence, Akbank TAS's PB Ratio of today is 1.32.

Warning Sign:

Akbank TAS stock PB Ratio (=1.45) is close to 10-year high of 1.54

The historical rank and industry rank for Akbank TAS's PB Ratio or its related term are showing as below:

AKBTY' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.9 Max: 1.84
Current: 1.48

During the past 13 years, Akbank TAS's highest PB Ratio was 1.84. The lowest was 0.38. And the median was 0.90.

AKBTY's PB Ratio is ranked worse than
82.17% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs AKBTY: 1.48

During the past 12 months, Akbank TAS's average Book Value Per Share Growth Rate was 37.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 49.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Akbank TAS was 171.80% per year. The lowest was 7.00% per year. And the median was 15.90% per year.

Back to Basics: PB Ratio

Akbank TAS PB Ratio Historical Data

The historical data trend for Akbank TAS's PB 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.

* Premium members only.

Akbank TAS PB Ratio Chart

Akbank TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.76

0.61

0.49

0.64

0.88

Akbank TAS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.64	0.54	0.58	0.89	0.88

Competitive Comparison of Akbank TAS's PB Ratio

For the Banks - Regional subindustry, Akbank TAS's PB Ratio, along with its competitors' market caps and PB 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.

Akbank TAS's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Akbank TAS's PB Ratio falls into.

Akbank TAS PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Akbank TAS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.678	/	2.794
	=	1.32

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Akbank TAS (OTCPK:AKBTY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Akbank TAS PB Ratio Related Terms

Thank you for viewing the detailed overview of Akbank TAS's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Akbank TAS (Akbank TAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akbank TAS (OTCPK:AKBTY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

AKBNK:Turkey AKB2:Germany

Address

Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330

Website

https://www.akbank.com

Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (Akbank TAS) Headlines

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