Turkiye Vakiflar Bankasi TAO (IST:VAKBN) PB Ratio: 0.89 (As of Jul. 24, 2026) — 41% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:VAKBN Turkiye Vakiflar Bankasi TAO IST:VAKBN
75 GF Score
Price ₺30.44
GF Value ₺40.32
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Turkiye Vakiflar Bankasi TAO PB Ratio?

Turkiye Vakiflar Bankasi TAO IST:VAKBN -0.59% 75 PB Ratio is 0.89 as of Jul. 24, 2026, which is 41% above its 10-year median of 0.63. GuruFocus rates IST:VAKBN with a GF Score™ of 75/100 and a GF Value™ of ₺40.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,511 Banks companies, Turkiye Vakiflar Bankasi TAO ranks better than 69.62% 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 (2026-07-24), Turkiye Vakiflar Bankasi TAO's share price is ₺30.44. Turkiye Vakiflar Bankasi TAO's Book Value per Share for the quarter that ended in Mar. 2026 was ₺34.25. Hence, Turkiye Vakiflar Bankasi TAO's PB Ratio of today is 0.89.

The historical rank and industry rank for Turkiye Vakiflar Bankasi TAO's PB Ratio or its related term are showing as below:

IST:VAKBN' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.63   Max: 1.28
Current: 0.88

During the past 13 years, Turkiye Vakiflar Bankasi TAO's highest PB Ratio was 1.28. The lowest was 0.25. And the median was 0.63.

IST:VAKBN's PB Ratio is ranked better than
69.62% of 1511 companies
in the Banks industry
Industry Median: 1.11 vs IST:VAKBN: 0.88

During the past 12 months, Turkiye Vakiflar Bankasi TAO's average Book Value Per Share Growth Rate was 40.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Turkiye Vakiflar Bankasi TAO was 30.60% per year. The lowest was 4.40% per year. And the median was 16.10% per year.

Back to Basics: PB Ratio


Turkiye Vakiflar Bankasi TAO  (IST:VAKBN) 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 Vakiflar Bankasi TAO PB Ratio Related Terms


Turkiye Vakiflar Bankasi TAO PB Ratio Historical Data

* Premium members only.

The historical data trend for Turkiye Vakiflar Bankasi TAO'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 Vakiflar Bankasi TAO PB Ratio Chart

Turkiye Vakiflar Bankasi TAO 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 0.27 0.80 0.73 1.02 0.93

Turkiye Vakiflar Bankasi TAO 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 0.98 1.02 0.92 0.93 0.88

Turkiye Vakiflar Bankasi TAO PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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 Vakiflar Bankasi TAO PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's PB Ratio falls into.


IST:VAKBN
75GF Score
Turkiye Vakiflar Bankasi TAO IST:VAKBN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turkiye Vakiflar Bankasi TAO 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 Vakiflar Bankasi TAO's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=30.44/34.253
=0.89

* 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 0.89 mean?
Turkiye Vakiflar Bankasi TAO (IST:VAKBN) has a PB Ratio of 0.89 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Turkiye Vakiflar Bankasi TAO and its competitors. This is 41% above median its historical median of 0.63. Over the past decade, Turkiye Vakiflar Bankasi TAO's PB Ratio has ranged from 0.25 to 1.28. According to the industry distribution chart, Turkiye Vakiflar Bankasi TAO ranks #459 out of 1511 companies in the Banks industry, placing it in the top 30.4%.
Is Turkiye Vakiflar Bankasi TAO's PB Ratio too high?
Turkiye Vakiflar Bankasi TAO's current PB Ratio of 0.89 is 41% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.28. The Banks industry median PB Ratio is 1.11. Turkiye Vakiflar Bankasi TAO's value of 0.89 is 19.8% below this industry median. Based on the distribution chart, Turkiye Vakiflar Bankasi TAO ranks #459 out of 1511 companies in the Banks industry, which is above the industry midpoint. Overall, Turkiye Vakiflar Bankasi TAO has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Vakiflar Bankasi TAO's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Turkiye Vakiflar Bankasi TAO ranks #459 out of 1511 companies for PB Ratio. This puts Turkiye Vakiflar Bankasi TAO in the upper half of its industry. The industry median PB Ratio is 1.11. Turkiye Vakiflar Bankasi TAO's value of 0.89 is 19.8% below this benchmark. Historically, Turkiye Vakiflar Bankasi TAO's own PB Ratio has ranged from 0.25 to 1.28 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.11, Turkiye Vakiflar Bankasi TAO 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 Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,511 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 Vakiflar Bankasi TAO's current PB Ratio of 0.89 is 19.8% 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 Turkiye Vakiflar Bankasi TAO and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Vakiflar Bankasi TAO's current PB Ratio is 0.89, which is 41% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Vakiflar Bankasi TAO stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Vakiflar Bankasi TAO (IST:VAKBN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺40.32, compared to a current price of ₺30.44 — trading 24.5% below its estimated fair value. The current PB Ratio is 0.89, which is 41% above median its 10-year median of 0.63 and 19.8% below the Banks industry median of 1.11. Turkiye Vakiflar Bankasi TAO's overall GF Score™ is 75/100 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 Vakiflar Bankasi TAO (IST:VAKBN), the current PB Ratio is 0.89 as of Jul. 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 Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Vakiflar Bankasi TAO stock appears to be undervalued. The current stock price of ₺30.44 is trading 24.5% below its estimated GF Value™ of ₺40.32. GuruFocus considers Turkiye Vakiflar Bankasi TAO to be Modestly Undervalued.

Key valuation signals for IST:VAKBN:

  • PB Ratio: 0.89 (41% above median its 10-year median of 0.63)
  • GF Value™: ₺40.32 vs. price of ₺30.44 (24.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 19.8% below the Banks median (#459 of 1511)

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


Turkiye Vakiflar Bankasi TAO Business Description

Address Finans Street No: 40/1, Finanskent Neighborhood, Umraniye, Istanbul, TUR, 34768
Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, and financial leasing, as well as factoring, among other activities.
75GF Score

Get the complete analysis for IST:VAKBN

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

₺30.44
Price
₺40.32
GF Value