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T Tuborg Bira Ve Maltnayii ASIST:TBORG +0.70%90 PB Ratio is 1.66 as of Jul. 26, 2026, which is 40% below its 10-year median of 2.76. GuruFocus rates IST:TBORG with a GF Score™ of 90/100 and a GF Value™ of ₺205.20 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 205 Beverages - Alcoholic companies, T Tuborg Bira Ve Maltnayii AS ranks worse than 50.73% on this metric.
T Tuborg Bira Ve Malt Sanayii AS stock PB Ratio (=1.66) is close to 3-year low of 1.54.
The historical rank and industry rank for T Tuborg Bira Ve Maltnayii AS's PB Ratio or its related term are showing as below:
IST:TBORG'
s PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 2.76 Max: 4.17
Current: 1.66
During the past 13 years, T Tuborg Bira Ve Maltnayii AS's highest PB Ratio was 4.17. The lowest was 1.01. And the median was 2.76.
IST:TBORG's PB Ratio is ranked worse than 50.73% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.65
vs IST:TBORG: 1.66
During the past 12 months, T Tuborg Bira Ve Maltnayii AS's average Book Value Per Share Growth Rate was 32.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 36.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 74.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 51.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of T Tuborg Bira Ve Maltnayii AS was 124.30% per year. The lowest was -10.20% per year. And the median was 38.35% per year.
Back to Basics: PB Ratio
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) PB Ratio Explanation
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.
T Tuborg Bira Ve Maltnayii AS PB Ratio Related Terms
T Tuborg Bira Ve Maltnayii AS PB Ratio Historical Data
* 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.
For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii 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.
T Tuborg Bira Ve Maltnayii AS PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where T Tuborg Bira Ve Maltnayii AS's PB Ratio falls into.
T Tuborg Bira Ve Maltnayii 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.
* 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.
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) has a PB Ratio of 1.66 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on T Tuborg Bira Ve Maltnayii AS and its competitors. This is 40% below median its historical median of 2.76. Over the past decade, T Tuborg Bira Ve Maltnayii AS's PB Ratio has ranged from 1.01 to 4.17. According to the industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #104 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 50.7%.
Is T Tuborg Bira Ve Maltnayii AS's PB Ratio too high?
T Tuborg Bira Ve Maltnayii AS's current PB Ratio of 1.66 is 40% below median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 4.17. The Beverages - Alcoholic industry median PB Ratio is 1.65. T Tuborg Bira Ve Maltnayii AS's value of 1.66 is 0.6% above this industry median. Based on the distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #104 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, T Tuborg Bira Ve Maltnayii AS has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T Tuborg Bira Ve Maltnayii AS's PB Ratio compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #104 out of 205 companies for PB Ratio. This places T Tuborg Bira Ve Maltnayii AS in the lower half of its industry. The industry median PB Ratio is 1.65. T Tuborg Bira Ve Maltnayii AS's value of 1.66 is 0.6% above this benchmark. Historically, T Tuborg Bira Ve Maltnayii AS's own PB Ratio has ranged from 1.01 to 4.17 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.65, T Tuborg Bira Ve Maltnayii 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.65, based on 205 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. T Tuborg Bira Ve Maltnayii AS's current PB Ratio of 1.66 is 0.6% 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 T Tuborg Bira Ve Maltnayii AS and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Tuborg Bira Ve Maltnayii AS's current PB Ratio is 1.66, which is 40% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Tuborg Bira Ve Maltnayii AS stock overvalued right now?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS (IST:TBORG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺205.20, compared to a current price of ₺129.60 — trading 36.8% below its estimated fair value. The current PB Ratio is 1.66, which is 40% below median its 10-year median of 2.76 and 0.6% above the Beverages - Alcoholic industry median of 1.65. T Tuborg Bira Ve Maltnayii AS's overall GF Score™ is 90/100 with 5 warning signs 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG), the current PB Ratio is 1.66 as of Jul. 26, 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Overvalued in 2026?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS stock appears to be undervalued.
The current stock price of ₺129.60 is trading 36.8% below its estimated GF Value™ of ₺205.20.
GuruFocus considers T Tuborg Bira Ve Maltnayii AS to be Significantly Undervalued.
Key valuation signals for IST:TBORG:
PB Ratio: 1.66 (40% below median its 10-year median of 2.76)
GF Value™: ₺205.20 vs. price of ₺129.60 (36.8% below fair value)
Industry Position: 0.6% above the Beverages - Alcoholic median (#104 of 205)
No single metric tells the full story. See the IST:TBORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T Tuborg Bira Ve Maltnayii AS Business Description
T Tuborg Bira Ve Malt Sanayii AS produces, sells, and distributes beer and malt to domestic and international markets. Its products are sold under the brand names Tuborg, Carlsberg, Frederik, Troy, and others.
90GF Score
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