Turkiye Vakiflar Bankasi TAO (IST:VAKBN) ROE % Adjusted to Book Value: 23.13% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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
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What is Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value?

Turkiye Vakiflar Bankasi TAO IST:VAKBN -0.59% 75 ROE % Adjusted to Book Value is 23.13% as of Mar. 2026. 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.

Turkiye Vakiflar Bankasi TAO's ROE % for the quarter that ended in Mar. 2026 was 20.35%. Turkiye Vakiflar Bankasi TAO's PB Ratio for the quarter that ended in Mar. 2026 was 0.88. Turkiye Vakiflar Bankasi TAO's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 23.13%.


Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value Related Terms


Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Turkiye Vakiflar Bankasi TAO'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.

Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value Chart

Turkiye Vakiflar Bankasi TAO 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 38.52 41.83 30.86 24.03 29.92

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
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 37.98 20.04 22.78 40.94 23.13

Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value Competitor Comparison

For the Banks - Regional subindustry, Turkiye Vakiflar Bankasi TAO'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.


Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Turkiye Vakiflar Bankasi TAO's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Turkiye Vakiflar Bankasi TAO's ROE % Adjusted to Book Value falls into.


IST:VAKBN
75GF Score
Turkiye Vakiflar Bankasi TAO IST:VAKBN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Vakiflar Bankasi TAO ROE % Adjusted to Book Value Calculation

Turkiye Vakiflar Bankasi TAO'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
=27.83% / 0.93
=29.92%

Turkiye Vakiflar Bankasi TAO'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
=20.35% / 0.88
=23.13%

* 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 23.13% mean?
Turkiye Vakiflar Bankasi TAO (IST:VAKBN) has a ROE % Adjusted to Book Value of 23.13% 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 Turkiye Vakiflar Bankasi TAO and its competitors.
Is Turkiye Vakiflar Bankasi TAO's ROE % Adjusted to Book Value too high?
Turkiye Vakiflar Bankasi TAO's current ROE % Adjusted to Book Value is 23.13%. 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 ROE % Adjusted to Book Value compare to competitors?
Turkiye Vakiflar Bankasi TAO's ROE % Adjusted to Book Value of 23.13% can be compared against companies in the Banks 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 Banks company?
A good ROE % Adjusted to Book Value depends on the Banks 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 Turkiye Vakiflar Bankasi TAO and its competitors. Turkiye Vakiflar Bankasi TAO's current ROE % Adjusted to Book Value is 23.13%. 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 ROE % Adjusted to Book Value is 23.13%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Turkiye Vakiflar Bankasi TAO (IST:VAKBN), the current ROE % Adjusted to Book Value is 23.13% 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 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:

  • ROE % Adjusted to Book Value: 23.13%
  • GF Value™: ₺40.32 vs. price of ₺30.44 (24.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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

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

₺30.44
Price
₺40.32
GF Value