Akbank TAS's book value per share for the quarter that ended in Dec. 2023 was €2.56.
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.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
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.
Akbank TAS's current price is €3.28. Its book value per share for the quarter that ended in Dec. 2023 was €2.56. Hence, today's PB Ratio of Akbank TAS is 1.28.
During the past 13 years, the highest P/B Ratio of Akbank TAS was 1.64. The lowest was 0.38. And the median was 0.90.
Akbank TAS Book Value per Share Historical Data
The historical data trend for Akbank TAS's Book Value per Share 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.
Competitive Comparison of Akbank TAS's Book Value per Share
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 Book Value per Share Calculation
Akbank TAS's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Akbank TAS (STU:AKB2) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Akbank TAS Book Value per Share Related Terms
Thank you for viewing the detailed overview of Akbank TAS's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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