Smartiks Yazilim AS (IST:SMART) PB Ratio : 5.02 (As of Jun. 20, 2024)

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What is Smartiks Yazilim AS 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 (2024-06-20), Smartiks Yazilim AS's share price is ₺36.32. Smartiks Yazilim AS's Book Value per Share for the quarter that ended in Dec. 2023 was ₺7.24. Hence, Smartiks Yazilim AS's PB Ratio of today is 5.02.

The historical rank and industry rank for Smartiks Yazilim AS's PB Ratio or its related term are showing as below:

IST:SMART' s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 3.02 Max: 9.97
Current: 5.02

During the past 8 years, Smartiks Yazilim AS's highest PB Ratio was 9.97. The lowest was 1.18. And the median was 3.02.

IST:SMART's PB Ratio is ranked worse than
86.01% of 2566 companies
in the Software industry
Industry Median: 2.6 vs IST:SMART: 5.02

During the past 12 months, Smartiks Yazilim AS's average Book Value Per Share Growth Rate was 23.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 52.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 47.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Smartiks Yazilim AS was 59.10% per year. The lowest was 31.10% per year. And the median was 46.10% per year.

Back to Basics: PB Ratio

Smartiks Yazilim AS PB Ratio Historical Data

The historical data trend for Smartiks Yazilim 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.

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Smartiks Yazilim AS PB Ratio Chart

Smartiks Yazilim AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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5.21

4.33

2.58

1.98

3.95

Smartiks Yazilim AS Quarterly Data
	Dec18	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															1.98	2.57	2.33	4.75	3.95

Competitive Comparison of Smartiks Yazilim AS's PB Ratio

For the Software - Infrastructure subindustry, Smartiks Yazilim 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.

Smartiks Yazilim AS's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Smartiks Yazilim AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Smartiks Yazilim AS's PB Ratio falls into.

Smartiks Yazilim 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.

Smartiks Yazilim AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	36.32	/	7.239
	=	5.02

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.

Smartiks Yazilim AS (IST:SMART) 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.

Smartiks Yazilim AS PB Ratio Related Terms

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Smartiks Yazilim AS (IST:SMART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartiks Yazilim AS (IST:SMART) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Y?ld?z Teknik Universitesi, Davutpasa Kampusu Teknopark, D2 Blok No Z06, Esenler, Istanbul, TUR

Website

https://www.smartiks.com.tr

Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors.

Smartiks Yazilim AS (IST:SMART) Headlines

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