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IST:ZRGYO's PB Ratio is ranked worse than 60.69% of 921
companies
in the REITs industry
Industry Median: 0.86
vs IST:ZRGYO: 0.97
During the past 12 months, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's average Book Value Per Share Growth Rate was 44.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 35.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 80.60% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 160.70% per year. The lowest was 35.20% per year. And the median was 105.00% per year.
Back to Basics: PB Ratio
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) PB Ratio Explanation
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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Related Terms
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Historical Data
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio Chart
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data
For the REIT - Diversified subindustry, ZIRAAT 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS PB Ratio vs REITs Industry
ZIRAAT 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.
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) has a PB Ratio of 0.97 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. This is 18% below median its historical median of 1.19. Over the past decade, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio has ranged from 0.48 to 3.10. According to the industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #559 out of 921 companies in the REITs industry, placing it in the top 60.7%.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio too high?
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current PB Ratio of 0.97 is 18% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.10. The REITs industry median PB Ratio is 0.86. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 0.97 is 12.8% above this industry median. Based on the distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #559 out of 921 companies in the REITs industry, which is below the industry midpoint. Overall, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #559 out of 921 companies for PB Ratio. This places ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS in the lower half of its industry. The industry median PB Ratio is 0.86. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 0.97 is 12.8% above this benchmark. Historically, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's own PB Ratio has ranged from 0.48 to 3.10 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.86, ZIRAAT 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 921 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. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current PB Ratio of 0.97 is 12.8% 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 ZIRAAT 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. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current PB Ratio is 0.97, which is 18% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock overvalued right now?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.94, compared to a current price of ₺18.21 — trading 30.6% above its estimated fair value. The current PB Ratio is 0.97, which is 18% below median its 10-year median of 1.19 and 12.8% above the REITs industry median of 0.86. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's overall GF Score™ is 80/100 with 5 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO), the current PB Ratio is 0.97 as of Jul. 23, 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Overvalued in 2026?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock appears to be overvalued.
The current stock price of ₺18.21 is trading 30.6% above its estimated GF Value™ of ₺13.94.
GuruFocus considers ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS to be Significantly Overvalued.
Key valuation signals for IST:ZRGYO:
PB Ratio: 0.97 (18% below median its 10-year median of 1.19)
GF Value™: ₺13.94 vs. price of ₺18.21 (30.6% above fair value)
Industry Position: 12.8% above the REITs median (#559 of 921)
No single metric tells the full story. See the IST:ZRGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Business Description
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.
80GF Score
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