Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) PB Ratio: 2.88 (As of Jul. 13, 2026) — 43% Below Median


IST:KLNMA Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA
44 GF Score
Price ₺9.70
GF Value ₺19.12
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio?

Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA -2.12% 44 PB Ratio is 2.88 as of Jul. 13, 2026, which is 43% below its 10-year median of 5.09. GuruFocus rates IST:KLNMA with a GF Score™ of 44/100 and a GF Value™ of ₺19.12 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,520 Banks companies, Turkiye Kalkinma Ve Yatirim Bankasi AS ranks worse than 95.33% 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 (2026-07-13), Turkiye Kalkinma Ve Yatirim Bankasi AS's share price is ₺9.70. Turkiye Kalkinma Ve Yatirim Bankasi AS's Book Value per Share for the quarter that ended in Dec. 2025 was ₺3.36. Hence, Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio of today is 2.88.

Good Sign:

Turkiye Kalkinma Ve Yatirim Bankasi AS stock PB Ratio (=2.88) is close to 1-year low of 2.68.

The historical rank and industry rank for Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio or its related term are showing as below:

IST:KLNMA' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 5.09   Max: 22.86
Current: 2.88

During the past 13 years, Turkiye Kalkinma Ve Yatirim Bankasi AS's highest PB Ratio was 22.86. The lowest was 0.67. And the median was 5.09.

IST:KLNMA's PB Ratio is ranked worse than
95.33% of 1520 companies
in the Banks industry
Industry Median: 1.1 vs IST:KLNMA: 2.88

During the past 12 months, Turkiye Kalkinma Ve Yatirim Bankasi AS's average Book Value Per Share Growth Rate was 58.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 64.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 55.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 38.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Turkiye Kalkinma Ve Yatirim Bankasi AS was 64.90% per year. The lowest was -2.10% per year. And the median was 14.70% per year.

Back to Basics: PB Ratio


Turkiye Kalkinma Ve Yatirim Bankasi AS  (IST:KLNMA) 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.


Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio Related Terms


Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Turkiye Kalkinma Ve Yatirim Bankasi 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.

Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio Chart

Turkiye Kalkinma Ve Yatirim Bankasi 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 7.60 5.66 6.65 3.84 2.94

Turkiye Kalkinma Ve Yatirim Bankasi AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 3.84 3.20 2.28 3.84 2.94

Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Turkiye Kalkinma Ve Yatirim Bankasi 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.


Turkiye Kalkinma Ve Yatirim Bankasi AS PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio falls into.


IST:KLNMA
44GF Score
Turkiye Kalkinma Ve Yatirim Bankasi AS IST:KLNMA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turkiye Kalkinma Ve Yatirim Bankasi 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.

Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=9.70/3.363
=2.88

* 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 2.88 mean?
Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) has a PB Ratio of 2.88 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Turkiye Kalkinma Ve Yatirim Bankasi AS and its competitors. This is 43% below median its historical median of 5.09. Over the past decade, Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio has ranged from 0.67 to 22.86. According to the industry distribution chart, Turkiye Kalkinma Ve Yatirim Bankasi AS ranks #1449 out of 1520 companies in the Banks industry, placing it in the top 95.3%.
Is Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio too high?
Turkiye Kalkinma Ve Yatirim Bankasi AS's current PB Ratio of 2.88 is 43% below median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 22.86. The Banks industry median PB Ratio is 1.10. Turkiye Kalkinma Ve Yatirim Bankasi AS's value of 2.88 is 161.8% above this industry median. Based on the distribution chart, Turkiye Kalkinma Ve Yatirim Bankasi AS ranks #1449 out of 1520 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Turkiye Kalkinma Ve Yatirim Bankasi AS has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Kalkinma Ve Yatirim Bankasi AS's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Turkiye Kalkinma Ve Yatirim Bankasi AS ranks #1449 out of 1520 companies for PB Ratio. This places Turkiye Kalkinma Ve Yatirim Bankasi AS in the lower half of its industry. The industry median PB Ratio is 1.10. Turkiye Kalkinma Ve Yatirim Bankasi AS's value of 2.88 is 161.8% above this benchmark. Historically, Turkiye Kalkinma Ve Yatirim Bankasi AS's own PB Ratio has ranged from 0.67 to 22.86 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 1.10, Turkiye Kalkinma Ve Yatirim Bankasi 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 Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,520 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. Turkiye Kalkinma Ve Yatirim Bankasi AS's current PB Ratio of 2.88 is 161.8% 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 Turkiye Kalkinma Ve Yatirim Bankasi AS and its competitors. For the Banks industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Kalkinma Ve Yatirim Bankasi AS's current PB Ratio is 2.88, which is 43% below median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Kalkinma Ve Yatirim Bankasi AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺19.12, compared to a current price of ₺9.70 — trading 49.3% below its estimated fair value. The current PB Ratio is 2.88, which is 43% below median its 10-year median of 5.09 and 161.8% above the Banks industry median of 1.10. Turkiye Kalkinma Ve Yatirim Bankasi AS's overall GF Score™ is 44/100 with 3 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 Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA), the current PB Ratio is 2.88 as of Jul. 13, 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 Turkiye Kalkinma Ve Yatirim Bankasi AS (IST:KLNMA) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Kalkinma Ve Yatirim Bankasi AS stock appears to be undervalued. The current stock price of ₺9.70 is trading 49.3% below its estimated GF Value™ of ₺19.12. GuruFocus considers Turkiye Kalkinma Ve Yatirim Bankasi AS to be Significantly Undervalued.

Key valuation signals for IST:KLNMA:

  • PB Ratio: 2.88 (43% below median its 10-year median of 5.09)
  • GF Value™: ₺19.12 vs. price of ₺9.70 (49.3% below fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 161.8% above the Banks median (#1449 of 1520)

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


Turkiye Kalkinma Ve Yatirim Bankasi AS Business Description

Address Dr. Adnan Buyukdeniz, Cd. No: 10, Inkilap Mahalles, Umraniye, Istanbul, TUR, 34768
Turkiye Kalkinma Ve Yatirim Bankasi AS provides Development and Investment Banking services in Turkey. The group provides Project Funding and Corporate Loans, Investment Banking, Turkiye Development Fund, Sustainable Finance, and Other.
44GF Score

Get the complete analysis for IST:KLNMA

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

₺9.70
Price
₺19.12
GF Value