Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ray Sigorta AS's share price for the quarter that ended in Mar. 2026 was ₺191.1. Ray Sigorta AS's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 163 Mil. Therefore, Ray Sigorta AS's market cap for the quarter that ended in Mar. 2026 was ₺31,163 Mil.
Ray Sigorta AS's quarterly market cap
declined
from Sep. 2025 (₺39,251 Mil) to Dec. 2025 (₺35,223 Mil) and
declined
from Dec. 2025 (₺35,223 Mil) to Mar. 2026 (₺31,163 Mil).
Ray Sigorta AS's annual market cap
increased
from Dec. 2023 (₺38,729 Mil) to Dec. 2024 (₺86,509 Mil) but then
declined
from Dec. 2024 (₺86,509 Mil) to Dec. 2025 (₺35,223 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ray Sigorta AS's Enterprise Value for Today is ₺6,471 Mil.
Ray Sigorta AS (IST:RAYSG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ray Sigorta AS Market Cap Related Terms
Ray Sigorta AS Market Cap Historical Data
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The historical data trend for Ray Sigorta AS's Market Cap 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:RAYSG vs BRK.A, AIG, HIG: Market Cap Comparison
For the Insurance - Diversified subindustry, Ray Sigorta AS's Market Cap, along with its competitors' market caps and Market Cap 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.
Ray Sigorta AS Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, Ray Sigorta AS's Market Cap distribution charts can be found below:
* The bar in red indicates where Ray Sigorta AS's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ray Sigorta AS's Market Cap for the fiscal year that ended in Dec. 2025 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.
Ray Sigorta AS (IST:RAYSG) has a Market Cap of ₺29,940 Mil as of Jul. 05, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ray Sigorta AS and its competitors. According to the industry distribution chart, Ray Sigorta AS ranks #265 out of 523 companies in the Insurance industry, placing it in the top 50.7%.
Is Ray Sigorta AS's Market Cap too high?
Ray Sigorta AS's current Market Cap is ₺29,940 Mil. Based on the distribution chart, Ray Sigorta AS ranks #265 out of 523 companies in the Insurance industry, which is below the industry midpoint. Overall, Ray Sigorta AS has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray Sigorta AS's Market Cap compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Ray Sigorta AS ranks #265 out of 523 companies for Market Cap. This places Ray Sigorta AS in the lower half of its industry. The industry median Market Cap is 679.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 679.80, based on 523 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ray Sigorta AS and its competitors. For the Insurance industry, the median Market Cap is 679.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Sigorta AS's current Market Cap is ₺29,940 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Sigorta AS stock overvalued right now?
Based on GuruFocus' analysis, Ray Sigorta AS (IST:RAYSG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺619.94, compared to a current price of ₺183.60 — trading 70.4% below its estimated fair value. The current Market Cap is ₺29,940 Mil. Ray Sigorta AS's overall GF Score™ is 54/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Ray Sigorta AS (IST:RAYSG), the current Market Cap is ₺29,940 Mil as of Jul. 05, 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 Ray Sigorta AS (IST:RAYSG) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Sigorta AS stock appears to be undervalued.
The current stock price of ₺183.60 is trading 70.4% below its estimated GF Value™ of ₺619.94.
GuruFocus considers Ray Sigorta AS to be Significantly Undervalued.
Key valuation signals for IST:RAYSG:
Market Cap: ₺29,940 Mil
GF Value™: ₺619.94 vs. price of ₺183.60 (70.4% below fair value)
No single metric tells the full story. See the IST:RAYSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.
54GF Score
Get the complete analysis for IST:RAYSG
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