Formul Plastik Ve Metalnayi AS (IST:FRMPL) PB Ratio: 2.59 (As of Jun. 30, 2026) — Near Median


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS PB Ratio?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 PB Ratio is 2.59 as of Jun. 30, 2026, which is 3% below its 10-year median of 2.66. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 396 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks worse than 77.02% on this metric.

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 (2026-06-30), Formul Plastik Ve Metalnayi AS's share price is ₺35.00. Formul Plastik Ve Metalnayi AS's Book Value per Share for the quarter that ended in Dec. 2024 was ₺13.51. Hence, Formul Plastik Ve Metalnayi AS's PB Ratio of today is 2.59.

The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's PB Ratio or its related term are showing as below:

IST:FRMPL' s PB Ratio Range Over the Past 10 Years
Min: 2.15   Med: 2.66   Max: 3.94
Current: 2.59

During the past 3 years, Formul Plastik Ve Metalnayi AS's highest PB Ratio was 3.94. The lowest was 2.15. And the median was 2.66.

IST:FRMPL's PB Ratio is ranked worse than
77.02% of 396 companies
in the Building Materials industry
Industry Median: 1.195 vs IST:FRMPL: 2.59

During the past 12 months, Formul Plastik Ve Metalnayi AS's average Book Value Per Share Growth Rate was 7.00% per year.

Back to Basics: PB Ratio


Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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.


Formul Plastik Ve Metalnayi AS PB Ratio Related Terms


Formul Plastik Ve Metalnayi AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi AS'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.

Formul Plastik Ve Metalnayi AS PB Ratio Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
PB Ratio
0.00 0.00 0.00

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
PB Ratio 0.00 0.00 0.00

IST:FRMPL vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi AS'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.


Formul Plastik Ve Metalnayi AS PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's PB Ratio falls into.


IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS 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.

Formul Plastik Ve Metalnayi AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=35.00/13.507
=2.59

* 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.

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

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.59 mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a PB Ratio of 2.59 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is near median its historical median of 2.66. Over the past decade, Formul Plastik Ve Metalnayi AS's PB Ratio has ranged from 2.15 to 3.94. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #305 out of 396 companies in the Building Materials industry, placing it in the top 77%.
Is Formul Plastik Ve Metalnayi AS's PB Ratio too high?
Formul Plastik Ve Metalnayi AS's current PB Ratio of 2.59 is near median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 3.94. The Building Materials industry median PB Ratio is 1.20. Formul Plastik Ve Metalnayi AS's value of 2.59 is 116.7% above this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #305 out of 396 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #305 out of 396 companies for PB Ratio. This places Formul Plastik Ve Metalnayi AS in the lower half of its industry. The industry median PB Ratio is 1.20. Formul Plastik Ve Metalnayi AS's value of 2.59 is 116.7% above this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own PB Ratio has ranged from 2.15 to 3.94 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.20, Formul Plastik Ve Metalnayi 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 PB Ratio for a Building Materials company?
The median PB Ratio among Building Materials companies is 1.20, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formul Plastik Ve Metalnayi AS's current PB Ratio of 2.59 is 116.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current PB Ratio is 2.59, which is near median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current PB Ratio of 2.59. The current PB Ratio is 2.59, which is near median its 10-year median of 2.66 and 116.7% above the Building Materials industry median of 1.20. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current PB Ratio is 2.59 as of Jun. 30, 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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₺35.00
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