Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) PB Ratio: 5.53 (As of Jul. 15, 2026) — 250% Above Median

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IST:KGYO Koray Gayrimenkul Yatirim Ortakligi AS IST:KGYO
36 GF Score
Price ₺7.57
GF Value ₺13.51
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Koray Gayrimenkul Yatirim Ortakligi AS PB Ratio?

Koray Gayrimenkul Yatirim Ortakligi AS IST:KGYO +9.87% 36 PB Ratio is 5.53 as of Jul. 15, 2026, which is 250% above its 10-year median of 1.58. GuruFocus rates IST:KGYO with a GF Score™ of 36/100 and a GF Value™ of ₺13.51 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 929 REITs companies, Koray Gayrimenkul Yatirim Ortakligi AS ranks worse than 97.31% 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 (2026-07-15), Koray Gayrimenkul Yatirim Ortakligi AS's share price is ₺7.57. Koray Gayrimenkul Yatirim Ortakligi AS's Book Value per Share for the quarter that ended in Mar. 2026 was ₺1.37. Hence, Koray Gayrimenkul Yatirim Ortakligi AS's PB Ratio of today is 5.53.

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

IST:KGYO' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.58   Max: 126.59
Current: 5.54

During the past 13 years, Koray Gayrimenkul Yatirim Ortakligi AS's highest PB Ratio was 126.59. The lowest was 0.61. And the median was 1.58.

IST:KGYO's PB Ratio is ranked worse than
97.31% of 929 companies
in the REITs industry
Industry Median: 0.86 vs IST:KGYO: 5.54

During the past 12 months, Koray Gayrimenkul Yatirim Ortakligi AS's average Book Value Per Share Growth Rate was -17.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 47.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 79.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 37.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Koray Gayrimenkul Yatirim Ortakligi AS was 150.30% per year. The lowest was -21.10% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Koray Gayrimenkul Yatirim Ortakligi AS  (IST:KGYO) 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.


Koray Gayrimenkul Yatirim Ortakligi AS PB Ratio Related Terms


Koray Gayrimenkul Yatirim Ortakligi AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Koray 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.

Koray Gayrimenkul Yatirim Ortakligi AS PB Ratio Chart

Koray 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 2.23 4.81 0.90 1.57 4.12

Koray 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 1.84 2.01 2.14 4.12 5.70

IST:KGYO vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Koray 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.


Koray Gayrimenkul Yatirim Ortakligi AS PB Ratio vs REITs Industry

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

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


IST:KGYO
36GF Score
Koray Gayrimenkul Yatirim Ortakligi AS IST:KGYO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koray 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=7.57/1.368
=5.53

* 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 5.53 mean?
Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) has a PB Ratio of 5.53 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Koray Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 250% above median its historical median of 1.58. Over the past decade, Koray Gayrimenkul Yatirim Ortakligi AS's PB Ratio has ranged from 0.61 to 126.59. According to the industry distribution chart, Koray Gayrimenkul Yatirim Ortakligi AS ranks #904 out of 929 companies in the REITs industry, placing it in the top 97.3%.
Is Koray Gayrimenkul Yatirim Ortakligi AS's PB Ratio too high?
Koray Gayrimenkul Yatirim Ortakligi AS's current PB Ratio of 5.53 is 250% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 126.59. The REITs industry median PB Ratio is 0.86. Koray Gayrimenkul Yatirim Ortakligi AS's value of 5.53 is 543% above this industry median. Based on the distribution chart, Koray Gayrimenkul Yatirim Ortakligi AS ranks #904 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Koray Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Koray Gayrimenkul Yatirim Ortakligi AS's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Koray Gayrimenkul Yatirim Ortakligi AS ranks #904 out of 929 companies for PB Ratio. This places Koray Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median PB Ratio is 0.86. Koray Gayrimenkul Yatirim Ortakligi AS's value of 5.53 is 543% above this benchmark. Historically, Koray Gayrimenkul Yatirim Ortakligi AS's own PB Ratio has ranged from 0.61 to 126.59 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.86, Koray Gayrimenkul Yatirim Ortakligi 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 0.86, based on 929 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. Koray Gayrimenkul Yatirim Ortakligi AS's current PB Ratio of 5.53 is 543% 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 Koray 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. Koray Gayrimenkul Yatirim Ortakligi AS's current PB Ratio is 5.53, which is 250% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koray Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺13.51, compared to a current price of ₺7.57 — trading 44% below its estimated fair value. The current PB Ratio is 5.53, which is 250% above median its 10-year median of 1.58 and 543% above the REITs industry median of 0.86. Koray Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 36/100 with 6 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 Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO), the current PB Ratio is 5.53 as of Jul. 15, 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 Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Koray Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺7.57 is trading 44% below its estimated GF Value™ of ₺13.51. GuruFocus considers Koray Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:KGYO:

  • PB Ratio: 5.53 (250% above median its 10-year median of 1.58)
  • GF Value™: ₺13.51 vs. price of ₺7.57 (44% below fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 543% above the REITs median (#904 of 929)

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


Koray Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Levent Mah. Comert Sk., Yapi Kredi Plaza Sitesi B Blok No:1B Kat 10 Ic Kapi No:26, Besiktas, Istanbul, TUR, 34363
Koray Gayrimenkul Yatirim Ortakligi AS is a real estate investment company. It is engaged in owning, managing, and developing commercial and residential projects such as office buildings, shopping malls, and residential communities.
36GF Score

Get the complete analysis for IST:KGYO

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

₺7.57
Price
₺13.51
GF Value