Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) PB Ratio: 0.42 (As of Jul. 08, 2026) — 28% Below Median


IST:ALGYO Alarko Gayrimenkul Yatirim Ortakligi AS IST:ALGYO
49 GF Score
Price ₺3.63
GF Value ₺4.22
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Alarko Gayrimenkul Yatirim Ortakligi AS PB Ratio?

Alarko Gayrimenkul Yatirim Ortakligi AS IST:ALGYO -0.82% 49 PB Ratio is 0.42 as of Jul. 08, 2026, which is 28% below its 10-year median of 0.58. GuruFocus rates IST:ALGYO with a GF Score™ of 49/100 and a GF Value™ of ₺4.22 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 927 REITs companies, Alarko Gayrimenkul Yatirim Ortakligi AS ranks better than 88.89% 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 (2026-07-08), Alarko Gayrimenkul Yatirim Ortakligi AS's share price is ₺3.63. Alarko Gayrimenkul Yatirim Ortakligi AS's Book Value per Share for the quarter that ended in Mar. 2026 was ₺8.67. Hence, Alarko Gayrimenkul Yatirim Ortakligi AS's PB Ratio of today is 0.42.

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

IST:ALGYO' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.58   Max: 1.46
Current: 0.43

During the past 13 years, Alarko Gayrimenkul Yatirim Ortakligi AS's highest PB Ratio was 1.46. The lowest was 0.25. And the median was 0.58.

IST:ALGYO's PB Ratio is ranked better than
88.89% of 927 companies
in the REITs industry
Industry Median: 0.86 vs IST:ALGYO: 0.43

During the past 12 months, Alarko Gayrimenkul Yatirim Ortakligi AS's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 60.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 48.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alarko Gayrimenkul Yatirim Ortakligi AS was 122.60% per year. The lowest was 7.30% per year. And the median was 25.90% per year.

Back to Basics: PB Ratio


Alarko Gayrimenkul Yatirim Ortakligi AS  (IST:ALGYO) 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.


Alarko Gayrimenkul Yatirim Ortakligi AS PB Ratio Related Terms


Alarko Gayrimenkul Yatirim Ortakligi AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Alarko 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.

Alarko Gayrimenkul Yatirim Ortakligi AS PB Ratio Chart

Alarko Gayrimenkul Yatirim Ortakligi 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 0.64 0.53 0.25 0.33 0.53

Alarko Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.34 0.34 0.33 0.53 0.70

IST:ALGYO vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Alarko 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.


Alarko Gayrimenkul Yatirim Ortakligi AS PB Ratio vs REITs Industry

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

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


IST:ALGYO
49GF Score
Alarko Gayrimenkul Yatirim Ortakligi AS IST:ALGYO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alarko 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.

Alarko Gayrimenkul Yatirim Ortakligi AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.63/8.668
=0.42

* 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 0.42 mean?
Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) has a PB Ratio of 0.42 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alarko Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 28% below median its historical median of 0.58. Over the past decade, Alarko Gayrimenkul Yatirim Ortakligi AS's PB Ratio has ranged from 0.25 to 1.46. According to the industry distribution chart, Alarko Gayrimenkul Yatirim Ortakligi AS ranks #103 out of 927 companies in the REITs industry, placing it in the top 11.1%.
Is Alarko Gayrimenkul Yatirim Ortakligi AS's PB Ratio too high?
Alarko Gayrimenkul Yatirim Ortakligi AS's current PB Ratio of 0.42 is 28% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.46. The REITs industry median PB Ratio is 0.86. Alarko Gayrimenkul Yatirim Ortakligi AS's value of 0.42 is 51.2% below this industry median. Based on the distribution chart, Alarko Gayrimenkul Yatirim Ortakligi AS ranks #103 out of 927 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Alarko Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alarko Gayrimenkul Yatirim Ortakligi AS's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Alarko Gayrimenkul Yatirim Ortakligi AS ranks #103 out of 927 companies for PB Ratio. This places Alarko Gayrimenkul Yatirim Ortakligi AS in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Alarko Gayrimenkul Yatirim Ortakligi AS's value of 0.42 is 51.2% below this benchmark. Historically, Alarko Gayrimenkul Yatirim Ortakligi AS's own PB Ratio has ranged from 0.25 to 1.46 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.86, Alarko Gayrimenkul Yatirim Ortakligi AS has consistently been below 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 0.86, based on 927 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. Alarko Gayrimenkul Yatirim Ortakligi AS's current PB Ratio of 0.42 is 51.2% below 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 Alarko Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alarko Gayrimenkul Yatirim Ortakligi AS's current PB Ratio is 0.42, which is 28% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alarko Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺4.22, compared to a current price of ₺3.63 — trading 14% below its estimated fair value. The current PB Ratio is 0.42, which is 28% below median its 10-year median of 0.58 and 51.2% below the REITs industry median of 0.86. Alarko Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 49/100 with 8 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 Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO), the current PB Ratio is 0.42 as of Jul. 08, 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 Alarko Gayrimenkul Yatirim Ortakligi AS (IST:ALGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Alarko Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺3.63 is trading 14% below its estimated GF Value™ of ₺4.22. GuruFocus considers Alarko Gayrimenkul Yatirim Ortakligi AS to be Modestly Undervalued.

Key valuation signals for IST:ALGYO:

  • PB Ratio: 0.42 (28% below median its 10-year median of 0.58)
  • GF Value™: ₺4.22 vs. price of ₺3.63 (14% below fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 51.2% below the REITs median (#103 of 927)

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


Alarko Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347
Alarko Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust. The company invests in real estate projects and capital market instruments. It invests in the projects developed by the Alarko Group. It continues to operate by obtaining rental income by taking over the properties owned by the community companies.
49GF Score

Get the complete analysis for IST:ALGYO

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

₺3.63
Price
₺4.22
GF Value