Ray Sigorta AS (IST:RAYSG) Tax Expense: ₺1,678 Mil (TTM As of Mar. 2026)

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IST:RAYSG Ray Sigorta AS IST:RAYSG
54 GF Score
Price ₺176.00
GF Value ₺624.04
Valuation Significantly Undervalued
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What is Ray Sigorta AS Tax Expense?

Ray Sigorta AS IST:RAYSG +1.03% 54 Tax Expense is ₺1,678 Mil as of Mar. 2026. GuruFocus rates IST:RAYSG with a GF Score™ of 54/100 and a GF Value™ of ₺624.04 (Significantly Undervalued).

Ray Sigorta AS's tax expense for the months ended in Mar. 2026 was ₺343 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,678 Mil.


Ray Sigorta AS  (IST:RAYSG) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Ray Sigorta AS Tax Expense Related Terms


Ray Sigorta AS Tax Expense Historical Data

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The historical data trend for Ray Sigorta AS's Tax Expense 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.

Ray Sigorta AS Tax Expense Chart

Ray Sigorta AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.56 60.28 227.80 730.15 1,554.08

Ray Sigorta AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 218.61 655.48 426.62 253.37 342.97
IST:RAYSG
54GF Score
Ray Sigorta AS IST:RAYSG
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray Sigorta AS Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,678 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₺1,678 Mil mean?
Ray Sigorta AS (IST:RAYSG) has a Tax Expense of ₺1,678 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Ray Sigorta AS and its competitors.
Is Ray Sigorta AS's Tax Expense too high?
Ray Sigorta AS's current Tax Expense is ₺1,678 Mil. Overall, Ray Sigorta AS has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray Sigorta AS's Tax Expense compare to BRK.A and AIG?
Ray Sigorta AS's Tax Expense of ₺1,678 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Insurance company?
A good Tax Expense depends on the Insurance industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Ray Sigorta AS and its competitors. Ray Sigorta AS's current Tax Expense is ₺1,678 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Sigorta AS stock overvalued right now?
Based on GuruFocus' analysis, Ray Sigorta AS (IST:RAYSG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺624.04, compared to a current price of ₺176.00 — trading 71.8% below its estimated fair value. The current Tax Expense is ₺1,678 Mil. Ray Sigorta AS's overall GF Score™ is 54/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Ray Sigorta AS (IST:RAYSG), the current Tax Expense is ₺1,678 Mil 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 Ray Sigorta AS (IST:RAYSG) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Sigorta AS stock appears to be undervalued. The current stock price of ₺176.00 is trading 71.8% below its estimated GF Value™ of ₺624.04. GuruFocus considers Ray Sigorta AS to be Significantly Undervalued.

Key valuation signals for IST:RAYSG:

  • Tax Expense: ₺1,678 Mil
  • GF Value™: ₺624.04 vs. price of ₺176.00 (71.8% below fair value)
  • GF Score™: 54/100

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


Ray Sigorta AS Business Description

Address Haydar Aliyev Caddesi No.28, Cumhuriyet Mahallesi, Tarabya, Istanbul, TUR, 34457
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.
54GF Score

Get the complete analysis for IST:RAYSG

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

₺176.00
Price
₺624.04
GF Value