Turkiye Halk Bankasi AS (IST:HALKB) Price-to-Tangible-Book : 0.94 (As of May. 21, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Turkiye Halk Bankasi AS Price-to-Tangible-Book?

As of today (2024-05-21), Turkiye Halk Bankasi AS's share price is ₺18.83. Turkiye Halk Bankasi AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₺19.95. Hence, Turkiye Halk Bankasi AS's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Turkiye Halk Bankasi AS's Price-to-Tangible-Book or its related term are showing as below:

IST:HALKB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.55 Max: 1.12
Current: 0.98

During the past 13 years, Turkiye Halk Bankasi AS's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.23. And the median was 0.55.

IST:HALKB's Price-to-Tangible-Book is ranked worse than
54.13% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs IST:HALKB: 0.98

A closely related ratio is called PB Ratio. As of today, Turkiye Halk Bankasi AS's share price is ₺18.83. Turkiye Halk Bankasi AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₺20.28. Hence, Turkiye Halk Bankasi AS's P/B Ratio of today is 0.93.

Turkiye Halk Bankasi AS Price-to-Tangible-Book Historical Data

The historical data trend for Turkiye Halk Bankasi AS's Price-to-Tangible-Book 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.

Turkiye Halk Bankasi AS Price-to-Tangible-Book Chart

Turkiye Halk Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.23

0.33

0.26

0.73

0.62

Turkiye Halk Bankasi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.66	0.77	0.92	0.62	0.68

Competitive Comparison of Turkiye Halk Bankasi AS's Price-to-Tangible-Book

For the Banks - Regional subindustry, Turkiye Halk Bankasi AS's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Halk Bankasi AS's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Halk Bankasi AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Turkiye Halk Bankasi AS's Price-to-Tangible-Book falls into.

Turkiye Halk Bankasi AS Price-to-Tangible-Book Calculation

Turkiye Halk Bankasi AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	18.83	/	19.953
	=	0.94

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Turkiye Halk Bankasi AS Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Turkiye Halk Bankasi AS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Turkiye Halk Bankasi AS (IST:HALKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Halk Bankasi AS (IST:HALKB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barbaros Mahallesi, Sebboy Sokak No 4/1 34746, Atasehir, Istanbul, TUR, 34746

Website

http://www.halkbank.com.tr

Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.

Turkiye Halk Bankasi AS (IST:HALKB) Headlines

No Headlines