Marti Otel Isletmeleri AS (IST:MARTI) PB Ratio: 0.29 (As of Jun. 24, 2026) — 72% Below Median


IST:MARTI Marti Otel Isletmeleri AS IST:MARTI
25 GF Score
Price ₺1.82
GF Value ₺7.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Marti Otel Isletmeleri AS PB Ratio?

Marti Otel Isletmeleri AS IST:MARTI -4.71% 25 PB Ratio is 0.29 as of Jun. 24, 2026, which is 72% below its 10-year median of 1.04. GuruFocus rates IST:MARTI with a GF Score™ of 25/100 and a GF Value™ of ₺7.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 795 Travel & Leisure companies, Marti Otel Isletmeleri AS ranks better than 92.33% 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 (2026-06-24), Marti Otel Isletmeleri AS's share price is ₺1.82. Marti Otel Isletmeleri AS's Book Value per Share for the quarter that ended in Sep. 2025 was ₺6.23. Hence, Marti Otel Isletmeleri AS's PB Ratio of today is 0.29.

Good Sign:

Marti Otel Isletmeleri AS stock PB Ratio (=0.29) is close to 10-year low of 0.27.

The historical rank and industry rank for Marti Otel Isletmeleri AS's PB Ratio or its related term are showing as below:

IST:MARTI' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.04   Max: 47.56
Current: 0.3

During the past 13 years, Marti Otel Isletmeleri AS's highest PB Ratio was 47.56. The lowest was 0.27. And the median was 1.04.

IST:MARTI's PB Ratio is ranked better than
92.33% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs IST:MARTI: 0.30

During the past 12 months, Marti Otel Isletmeleri AS's average Book Value Per Share Growth Rate was 31.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 251.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marti Otel Isletmeleri AS was 251.50% per year. The lowest was -141.20% per year. And the median was -0.75% per year.

Back to Basics: PB Ratio


Marti Otel Isletmeleri AS  (IST:MARTI) 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.


Marti Otel Isletmeleri AS PB Ratio Related Terms


Marti Otel Isletmeleri AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS PB Ratio Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.05 1.35 0.67 0.35

Marti Otel Isletmeleri AS Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 0.67 0.47 0.35 0.39

IST:MARTI vs MAR, HLT, H: PB Ratio Comparison

For the Lodging subindustry, Marti Otel Isletmeleri 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.


Marti Otel Isletmeleri AS PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marti Otel Isletmeleri AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Marti Otel Isletmeleri AS's PB Ratio falls into.


IST:MARTI
25GF Score
Marti Otel Isletmeleri AS IST:MARTI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=1.82/6.234
=0.29

* 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 0.29 mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a PB Ratio of 0.29 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Marti Otel Isletmeleri AS and its competitors. This is 72% below median its historical median of 1.04. Over the past decade, Marti Otel Isletmeleri AS's PB Ratio has ranged from 0.27 to 47.56. According to the industry distribution chart, Marti Otel Isletmeleri AS ranks #61 out of 795 companies in the Travel & Leisure industry, placing it in the top 7.7%.
Is Marti Otel Isletmeleri AS's PB Ratio too high?
Marti Otel Isletmeleri AS's current PB Ratio of 0.29 is 72% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 47.56. The Travel & Leisure industry median PB Ratio is 1.49. Marti Otel Isletmeleri AS's value of 0.29 is 80.5% below this industry median. Based on the distribution chart, Marti Otel Isletmeleri AS ranks #61 out of 795 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Marti Otel Isletmeleri AS has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Otel Isletmeleri AS's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Marti Otel Isletmeleri AS ranks #61 out of 795 companies for PB Ratio. This places Marti Otel Isletmeleri AS in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.49. Marti Otel Isletmeleri AS's value of 0.29 is 80.5% below this benchmark. Historically, Marti Otel Isletmeleri AS's own PB Ratio has ranged from 0.27 to 47.56 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.49, Marti Otel Isletmeleri 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 795 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. Marti Otel Isletmeleri AS's current PB Ratio of 0.29 is 80.5% 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 Marti Otel Isletmeleri AS and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Otel Isletmeleri AS's current PB Ratio is 0.29, which is 72% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Otel Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Otel Isletmeleri AS (IST:MARTI) is currently considered Possible Value Trap. The stock's GF Value™ is ₺7.41, compared to a current price of ₺1.82 — trading 75.4% below its estimated fair value. The current PB Ratio is 0.29, which is 72% below median its 10-year median of 1.04 and 80.5% below the Travel & Leisure industry median of 1.49. Marti Otel Isletmeleri AS's overall GF Score™ is 25/100 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 Marti Otel Isletmeleri AS (IST:MARTI), the current PB Ratio is 0.29 as of Jun. 24, 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 Marti Otel Isletmeleri AS (IST:MARTI) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Otel Isletmeleri AS stock appears to be undervalued. The current stock price of ₺1.82 is trading 75.4% below its estimated GF Value™ of ₺7.41. GuruFocus considers Marti Otel Isletmeleri AS to be Possible Value Trap.

Key valuation signals for IST:MARTI:

  • PB Ratio: 0.29 (72% below median its 10-year median of 1.04)
  • GF Value™: ₺7.41 vs. price of ₺1.82 (75.4% below fair value)
  • GF Score™: 25/100 with 6 warning signs
  • Industry Position: 80.5% below the Travel & Leisure median (#61 of 795)

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


Marti Otel Isletmeleri AS Business Description

Address Devres Han No:50/4, Inonu Caddesi, Beyoglu, Gumussuyu, Istanbul, TUR
Marti Otel Isletmeleri AS is engaged in the operation of tourist resorts and hotels located in Turkey.
25GF Score

Get the complete analysis for IST:MARTI

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

₺1.82
Price
₺7.41
GF Value