ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) PB Ratio : 1.63 (As of May. 26, 2024)

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What is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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 (2024-05-26), ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's share price is ₺7.10. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Book Value per Share for the quarter that ended in Sep. 2023 was ₺4.35. Hence, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio of today is 1.63.

The historical rank and industry rank for ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio or its related term are showing as below:

IST:ZRGYO' s PB Ratio Range Over the Past 10 Years
Min: 0.89 Med: 1.33 Max: 3.1
Current: 1.63

During the past 5 years, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's highest PB Ratio was 3.10. The lowest was 0.89. And the median was 1.33.

IST:ZRGYO's PB Ratio is ranked worse than
88.57% of 849 companies
in the REITs industry
Industry Median: 0.83 vs IST:ZRGYO: 1.63

During the past 12 months, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's average Book Value Per Share Growth Rate was 135.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 120.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 120.40% per year. The lowest was 70.60% per year. And the median was 95.50% per year.

Back to Basics: PB Ratio

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Historical Data

The historical data trend for ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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.

* Premium members only.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Chart

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

1.36

1.38

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial											2.20	1.38	1.09	1.05	1.25

Competitive Comparison of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio

For the REIT - Diversified subindustry, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio falls into.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI 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.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	7.10	/	4.354
	=	1.63

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.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) 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.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Related Terms

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ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahrayi Cedit Mahallesi, Ataturk Caddesi No: 48, Kat: 8-9, Kozyatagi-Kadikoy, Istanbul, TUR, 34734

Website

https://www.ziraatgyo.com.tr

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.

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