Akbank TAS (IST:AKBNK) Forward PE Ratio : 7.96 (As of May. 21, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Akbank TAS Forward PE Ratio?

Akbank TAS's Forward PE Ratio for today is 7.96.

Akbank TAS's PE Ratio without NRI for today is 5.05.

Akbank TAS's PE Ratio for today is 5.05.

Akbank TAS Forward PE Ratio Historical Data

The historical data trend for Akbank TAS's Forward PE 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.

* Premium members only.

Akbank TAS Forward PE Ratio Chart

Akbank TAS Annual Data

Trend

2015-12

2016-12

2017-11

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-03

Forward PE Ratio

6.92

6.59

5.74

4.74

5.19

4.38

3.30

2.77

5.90

7.56

Akbank TAS Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	6.92	7.00	7.62	6.56	6.59	7.10	7.23	6.14	5.75	4.33	3.69	4.74	6.85	7.18	5.69	5.19	3.55	5.43	3.38	4.38	3.25	3.73	2.34	3.30	3.33	4.02	5.04	2.77	2.40	2.80	5.41	5.90	7.56

Competitive Comparison of Akbank TAS's Forward PE Ratio

For the Banks - Regional subindustry, Akbank TAS's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.

Akbank TAS's Forward PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akbank TAS's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Akbank TAS's Forward PE Ratio falls into.

Akbank TAS Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Akbank TAS (IST:AKBNK) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Akbank TAS Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Akbank TAS's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Akbank TAS (IST:AKBNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akbank TAS (IST:AKBNK) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

AKBTY:USA AKB2:Germany

Address

Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330

Website

https://www.akbank.com

Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (IST:AKBNK) Headlines

No Headlines