Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) PB Ratio: 0.91 (As of Aug. 29, 2026) — 72% Below Median

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IST:AKMGY Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
62 GF Score
Price ₺271.00
GF Value ₺252.97
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Akmerkez Gayrimenkul Yatirim Ort AS PB Ratio?

Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY -0.37% 62 PB Ratio is 0.91 as of Aug. 29, 2026, which is 72% below its 10-year median of 3.25. GuruFocus rates IST:AKMGY with a GF Score™ of 62/100 and a GF Value™ of ₺252.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 911 REITs companies, Akmerkez Gayrimenkul Yatirim Ort AS ranks worse than 57.74% 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 (2026-08-29), Akmerkez Gayrimenkul Yatirim Ort AS's share price is ₺271.00. Akmerkez Gayrimenkul Yatirim Ort AS's Book Value per Share for the quarter that ended in Jun. 2026 was ₺298.71. Hence, Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio of today is 0.91.

The historical rank and industry rank for Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio or its related term are showing as below:

IST:AKMGY' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 3.25   Max: 13.91
Current: 0.91

During the past 13 years, Akmerkez Gayrimenkul Yatirim Ort AS's highest PB Ratio was 13.91. The lowest was 0.43. And the median was 3.25.

IST:AKMGY's PB Ratio is ranked worse than
57.74% of 911 companies
in the REITs industry
Industry Median: 0.85 vs IST:AKMGY: 0.91

During the past 12 months, Akmerkez Gayrimenkul Yatirim Ort AS's average Book Value Per Share Growth Rate was 35.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 48.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 61.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Akmerkez Gayrimenkul Yatirim Ort AS was 178.90% per year. The lowest was -7.20% per year. And the median was 9.40% per year.

Back to Basics: PB Ratio


Akmerkez Gayrimenkul Yatirim Ort AS  (IST:AKMGY) 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.


Akmerkez Gayrimenkul Yatirim Ort AS PB Ratio Related Terms


Akmerkez Gayrimenkul Yatirim Ort AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS PB Ratio Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.56 0.59 0.87 0.77

Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 1.00 0.77 1.00 0.81

IST:AKMGY vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort 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.


Akmerkez Gayrimenkul Yatirim Ort AS PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio falls into.


IST:AKMGY
62GF Score
Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=271.00/298.708
=0.91

* 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 0.91 mean?
Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) has a PB Ratio of 0.91 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. This is 72% below median its historical median of 3.25. Over the past decade, Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio has ranged from 0.43 to 13.91. According to the industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #526 out of 911 companies in the REITs industry, placing it in the top 57.7%.
Is Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio too high?
Akmerkez Gayrimenkul Yatirim Ort AS's current PB Ratio of 0.91 is 72% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 13.91. The REITs industry median PB Ratio is 0.85. Akmerkez Gayrimenkul Yatirim Ort AS's value of 0.91 is 7.1% above this industry median. Based on the distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #526 out of 911 companies in the REITs industry, which is below the industry midpoint. Overall, Akmerkez Gayrimenkul Yatirim Ort AS has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akmerkez Gayrimenkul Yatirim Ort AS's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #526 out of 911 companies for PB Ratio. This places Akmerkez Gayrimenkul Yatirim Ort AS in the lower half of its industry. The industry median PB Ratio is 0.85. Akmerkez Gayrimenkul Yatirim Ort AS's value of 0.91 is 7.1% above this benchmark. Historically, Akmerkez Gayrimenkul Yatirim Ort AS's own PB Ratio has ranged from 0.43 to 13.91 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 0.85, Akmerkez Gayrimenkul Yatirim Ort 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 REITs company?
The median PB Ratio among REITs companies is 0.85, based on 911 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. Akmerkez Gayrimenkul Yatirim Ort AS's current PB Ratio of 0.91 is 7.1% 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 Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. For the REITs industry, the median PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akmerkez Gayrimenkul Yatirim Ort AS's current PB Ratio is 0.91, which is 72% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akmerkez Gayrimenkul Yatirim Ort AS stock overvalued right now?
Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) is currently considered Fairly Valued. The stock's GF Value™ is ₺252.97, compared to a current price of ₺271.00 — trading 7.1% above its estimated fair value. The current PB Ratio is 0.91, which is 72% below median its 10-year median of 3.25 and 7.1% above the REITs industry median of 0.85. Akmerkez Gayrimenkul Yatirim Ort AS's overall GF Score™ is 62/100 with 4 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY), the current PB Ratio is 0.91 as of Aug. 29, 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Overvalued in 2026?

Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS stock appears to be overvalued. The current stock price of ₺271.00 is trading 7.1% above its estimated GF Value™ of ₺252.97. GuruFocus considers Akmerkez Gayrimenkul Yatirim Ort AS to be Fairly Valued.

Key valuation signals for IST:AKMGY:

  • PB Ratio: 0.91 (72% below median its 10-year median of 3.25)
  • GF Value™: ₺252.97 vs. price of ₺271.00 (7.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 7.1% above the REITs median (#526 of 911)

No single metric tells the full story. See the IST:AKMGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akmerkez Gayrimenkul Yatirim Ort AS Business Description

Industry Real EstateREITs
Address Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR
Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.
62GF Score

Get the complete analysis for IST:AKMGY

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺271.00
Price
₺252.97
GF Value