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QNB Bank ASIST:QNBTR -1.66%41 PEG Ratio is 0.38 as of Jul. 16, 2026, which is 53% below its 10-year median of 0.81. GuruFocus rates IST:QNBTR with a GF Score™ of 41/100 and a GF Value™ of ₺346.16 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,227 Banks companies, QNB Bank AS ranks better than 92.42% on this metric.
PE Ratio without NRI / 5-Year Book Value Growth Rate*
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, QNB Bank AS's PE Ratio without NRI is 23.43. QNB Bank AS's 5-Year Book Value growth rate is 60.90%. Therefore, QNB Bank AS's PEG Ratio for today is 0.38.
* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for QNB Bank AS's PEG Ratio or its related term are showing as below:
IST:QNBTR'
s PEG Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.81 Max: 6.67
Current: 0.38
During the past 13 years, QNB Bank AS's highest PEG Ratio was 6.67. The lowest was 0.21. And the median was 0.81.
IST:QNBTR's PEG Ratio is ranked better than 92.42% of 1227
companies
in the Banks industry
Industry Median: 1.54
vs IST:QNBTR: 0.38
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
QNB Bank AS (IST:QNBTR) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
QNB Bank AS PEG Ratio Related Terms
QNB Bank AS PEG Ratio Historical Data
* Premium members only.
The historical data trend for QNB Bank AS's PEG 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.
For the Banks - Regional subindustry, QNB Bank AS's PEG Ratio, along with its competitors' market caps and PEG 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.
QNB Bank AS PEG Ratio vs Banks Industry
For the Banks industry and Financial Services sector, QNB Bank AS's PEG Ratio distribution charts can be found below:
* The bar in red indicates where QNB Bank AS's PEG Ratio falls into.
* 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.
* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
QNB Bank AS (IST:QNBTR) has a PEG Ratio of 0.38 as of Jul. 16, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on QNB Bank AS and its competitors. This is 53% below median its historical median of 0.81. Over the past decade, QNB Bank AS's PEG Ratio has ranged from 0.21 to 6.67. According to the industry distribution chart, QNB Bank AS ranks #93 out of 1227 companies in the Banks industry, placing it in the top 7.6%.
Is QNB Bank AS's PEG Ratio too high?
QNB Bank AS's current PEG Ratio of 0.38 is 53% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 6.67. The Banks industry median PEG Ratio is 1.54. QNB Bank AS's value of 0.38 is 75.3% below this industry median. Based on the distribution chart, QNB Bank AS ranks #93 out of 1227 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, QNB Bank AS has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QNB Bank AS's PEG Ratio compare to competitors?
According to the Banks industry distribution chart, QNB Bank AS ranks #93 out of 1227 companies for PEG Ratio. This places QNB Bank AS in the top 8% of its industry — outperforming the majority of peers. The industry median PEG Ratio is 1.54. QNB Bank AS's value of 0.38 is 75.3% below this benchmark. Historically, QNB Bank AS's own PEG Ratio has ranged from 0.21 to 6.67 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.54, QNB Bank 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 PEG Ratio for a Banks company?
The median PEG Ratio among Banks companies is 1.54, based on 1,227 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QNB Bank AS's current PEG Ratio of 0.38 is 75.3% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on QNB Bank AS and its competitors. For the Banks industry, the median PEG Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QNB Bank AS's current PEG Ratio is 0.38, which is 53% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNB Bank AS stock overvalued right now?
Based on GuruFocus' analysis, QNB Bank AS (IST:QNBTR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺346.16, compared to a current price of ₺207.20 — trading 40.1% below its estimated fair value. The current PEG Ratio is 0.38, which is 53% below median its 10-year median of 0.81 and 75.3% below the Banks industry median of 1.54. QNB Bank AS's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For QNB Bank AS (IST:QNBTR), the current PEG Ratio is 0.38 as of Jul. 16, 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 QNB Bank AS (IST:QNBTR) Overvalued in 2026?
Based on GuruFocus' analysis, QNB Bank AS stock appears to be undervalued.
The current stock price of ₺207.20 is trading 40.1% below its estimated GF Value™ of ₺346.16.
GuruFocus considers QNB Bank AS to be Significantly Undervalued.
Key valuation signals for IST:QNBTR:
PEG Ratio: 0.38 (53% below median its 10-year median of 0.81)
GF Value™: ₺346.16 vs. price of ₺207.20 (40.1% below fair value)
Industry Position: 75.3% below the Banks median (#93 of 1227)
No single metric tells the full story. See the IST:QNBTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QNB Bank AS offers products and services to its customers in factoring, investment, leasing (financial leasing), insurance, portfolio management services, and e-transformation products. In addition to corporate banking, retail banking and commercial banking services, it also provides private banking, SME banking, treasury operations and credit card services through branches and alternative channels. The company serves its retail banking clients with time and demand deposits, also overdraft services, automatic account services, consumer loans, vehicle loans, housing loans and investment fund services. It provides services including deposit and loans, foreign trade financing, forward and option agreements to its corporate clients.
41GF Score
Get the complete analysis for IST:QNBTR
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