Arsan Holding AS (IST:ARSAN) ROE % Adjusted to Book Value: 34.44% (As of Mar. 2026)

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IST:ARSAN Arsan Holding AS IST:ARSAN
51 GF Score
Price ₺3.56
GF Value ₺2.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Arsan Holding AS ROE % Adjusted to Book Value?

Arsan Holding AS IST:ARSAN +9.88% 51 ROE % Adjusted to Book Value is 34.44% as of Mar. 2026. GuruFocus rates IST:ARSAN with a GF Score™ of 51/100 and a GF Value™ of ₺2.91 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Arsan Holding AS's ROE % for the quarter that ended in Mar. 2026 was 18.60%. Arsan Holding AS's PB Ratio for the quarter that ended in Mar. 2026 was 0.54. Arsan Holding AS's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 34.44%.


Arsan Holding AS ROE % Adjusted to Book Value Related Terms


Arsan Holding AS ROE % Adjusted to Book Value Historical Data

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The historical data trend for Arsan Holding AS's ROE % Adjusted to Book Value 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.

Arsan Holding AS ROE % Adjusted to Book Value Chart

Arsan Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.83 15.94 45.80 23.66 -6.32

Arsan Holding AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 22.11 -7.49 -23.68 -15.05 34.44

IST:ARSAN vs PWR, FIX, EME: ROE % Adjusted to Book Value Comparison

For the Engineering & Construction subindustry, Arsan Holding AS's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Arsan Holding AS ROE % Adjusted to Book Value vs Construction Industry

For the Construction industry and Industrials sector, Arsan Holding AS's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Arsan Holding AS's ROE % Adjusted to Book Value falls into.


IST:ARSAN
51GF Score
Arsan Holding AS IST:ARSAN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arsan Holding AS ROE % Adjusted to Book Value Calculation

Arsan Holding AS's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.98% / 0.63
=-6.32%

Arsan Holding AS's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=18.60% / 0.54
=34.44%

* 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.

What does a ROE % Adjusted to Book Value of 34.44% mean?
Arsan Holding AS (IST:ARSAN) has a ROE % Adjusted to Book Value of 34.44% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Arsan Holding AS and its competitors.
Is Arsan Holding AS's ROE % Adjusted to Book Value too high?
Arsan Holding AS's current ROE % Adjusted to Book Value is 34.44%. Overall, Arsan Holding AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arsan Holding AS's ROE % Adjusted to Book Value compare to PWR and FIX?
Arsan Holding AS's ROE % Adjusted to Book Value of 34.44% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Construction company?
A good ROE % Adjusted to Book Value depends on the Construction industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Arsan Holding AS and its competitors. Arsan Holding AS's current ROE % Adjusted to Book Value is 34.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Arsan Holding AS (IST:ARSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.91, compared to a current price of ₺3.56 — trading 22.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 34.44%. Arsan Holding AS's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Arsan Holding AS (IST:ARSAN), the current ROE % Adjusted to Book Value is 34.44% as of Mar. 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 Arsan Holding AS (IST:ARSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Arsan Holding AS stock appears to be overvalued. The current stock price of ₺3.56 is trading 22.3% above its estimated GF Value™ of ₺2.91. GuruFocus considers Arsan Holding AS to be Modestly Overvalued.

Key valuation signals for IST:ARSAN:

  • ROE % Adjusted to Book Value: 34.44%
  • GF Value™: ₺2.91 vs. price of ₺3.56 (22.3% above fair value)
  • GF Score™: 51/100 with 5 warning signs

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


Arsan Holding AS Business Description

Address Ataturk Street, No: 69/300, Sahrayicedit Neighborhood, Kadikoy, Istanbul, TUR
Arsan Holding AS is a Turkey-based company involved in the Investment of infrastructure construction (water systems, dams, treatment plants), iron-steel production, energy generation (hydropower), natural gas distribution, and other industrial investments.
51GF Score

Get the complete analysis for IST:ARSAN

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺3.56
Price
₺2.91
GF Value