Turcas Holding AS (IST:TRCAS) PB Ratio: 0.63 (As of Jun. 27, 2026) — 74% Below Median


IST:TRCAS Turcas Holding AS IST:TRCAS
20 GF Score
Price ₺41.90
! 1 Warning Sign
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What is Turcas Holding AS PB Ratio?

Turcas Holding AS IST:TRCAS -0.71% 20 PB Ratio is 0.63 as of Jun. 27, 2026, which is 74% below its 10-year median of 2.45. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 430 Utilities - Independent Power Producers companies, Turcas Holding AS ranks better than 77.91% 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 (2026-06-27), Turcas Holding AS's share price is ₺41.90. Turcas Holding AS's Book Value per Share for the quarter that ended in Mar. 2026 was ₺66.21. Hence, Turcas Holding AS's PB Ratio of today is 0.63.

Good Sign:

Turcas Holding AS stock PB Ratio (=0.63) is close to 5-year low of 0.63.

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

IST:TRCAS' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 2.45   Max: 9.76
Current: 0.63

During the past 13 years, Turcas Holding AS's highest PB Ratio was 9.76. The lowest was 0.48. And the median was 2.45.

IST:TRCAS's PB Ratio is ranked better than
77.91% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.355 vs IST:TRCAS: 0.63

During the past 12 months, Turcas Holding AS's average Book Value Per Share Growth Rate was 39.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 32.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 147.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 43.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Turcas Holding AS was 318.50% per year. The lowest was -85.80% per year. And the median was -2.80% per year.

Back to Basics: PB Ratio


Turcas Holding AS  (IST:TRCAS) 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.


Turcas Holding AS PB Ratio Related Terms


Turcas Holding AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Turcas Holding 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.

Turcas Holding AS PB Ratio Chart

Turcas Holding 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 5.09 0.96 0.48 0.49 0.73

Turcas Holding 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 0.73 0.67 0.65 0.73 0.61

IST:TRCAS vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Turcas Holding 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.


Turcas Holding AS PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Turcas Holding AS's PB Ratio falls into.


IST:TRCAS
20GF Score
Turcas Holding AS IST:TRCAS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Turcas Holding 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.

Turcas Holding AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=41.90/66.206
=0.63

* 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 0.63 mean?
Turcas Holding AS (IST:TRCAS) has a PB Ratio of 0.63 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Turcas Holding AS and its competitors. This is 74% below median its historical median of 2.45. Over the past decade, Turcas Holding AS's PB Ratio has ranged from 0.48 to 9.76. According to the industry distribution chart, Turcas Holding AS ranks #95 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.1%.
Is Turcas Holding AS's PB Ratio too high?
Turcas Holding AS's current PB Ratio of 0.63 is 74% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 9.76. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Turcas Holding AS's value of 0.63 is 53.5% below this industry median. Based on the distribution chart, Turcas Holding AS ranks #95 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #95 out of 430 companies for PB Ratio. This places Turcas Holding AS in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Turcas Holding AS's value of 0.63 is 53.5% below this benchmark. Historically, Turcas Holding AS's own PB Ratio has ranged from 0.48 to 9.76 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.36, Turcas Holding 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Turcas Holding AS's current PB Ratio of 0.63 is 53.5% 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 Turcas Holding AS and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current PB Ratio is 0.63, which is 74% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current PB Ratio of 0.63. The current PB Ratio is 0.63, which is 74% below median its 10-year median of 2.45 and 53.5% below the Utilities - Independent Power Producers industry median of 1.36. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign 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 Turcas Holding AS (IST:TRCAS), the current PB Ratio is 0.63 as of Jun. 27, 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.

Turcas Holding AS Business Description

Address AOS 55th Street No 2, Aksoy Plaza, 7th floor, Sariyer, Istanbul, TUR, 34375
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
20GF Score

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₺41.90
Price