Garanti Faktoring AS (IST:GARFA) Price-to-Tangible-Book : 29.95 (As of May. 29, 2024)

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What is Garanti Faktoring AS Price-to-Tangible-Book?

As of today (2024-05-29), Garanti Faktoring AS's share price is ₺29.68. Garanti Faktoring AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₺0.99. Hence, Garanti Faktoring AS's Price to Tangible Book Ratio of today is 29.95.

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

IST:GARFA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 1.58 Max: 34.83
Current: 29.98

During the past 13 years, Garanti Faktoring AS's highest Price to Tangible Book Ratio was 34.83. The lowest was 0.84. And the median was 1.58.

IST:GARFA's Price-to-Tangible-Book is ranked worse than
98.79% of 496 companies
in the Credit Services industry
Industry Median: 1.07 vs IST:GARFA: 29.98

A closely related ratio is called PB Ratio. As of today, Garanti Faktoring AS's share price is ₺29.68. Garanti Faktoring AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₺1.01. Hence, Garanti Faktoring AS's P/B Ratio of today is 29.30.

Garanti Faktoring AS Price-to-Tangible-Book Historical Data

The historical data trend for Garanti Faktoring 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.

Garanti Faktoring AS Price-to-Tangible-Book Chart

Garanti Faktoring AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.99

4.38

3.26

3.13

3.58

Garanti Faktoring 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															1.94	2.94	4.40	3.58	34.83

Competitive Comparison of Garanti Faktoring AS's Price-to-Tangible-Book

For the Credit Services subindustry, Garanti Faktoring 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.

Garanti Faktoring AS's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Garanti Faktoring AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Garanti Faktoring AS's Price-to-Tangible-Book falls into.

Garanti Faktoring AS Price-to-Tangible-Book Calculation

Garanti Faktoring 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 )
	=	29.68	/	0.991
	=	29.95

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.

Garanti Faktoring AS Price-to-Tangible-Book Related Terms

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

Garanti Faktoring AS (IST:GARFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Garanti Faktoring AS (IST:GARFA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maslak Mahalles Eski Buyukdere Caddesi No. 23, Sariyer, Istanbul, TUR, 34398

Website

http://www.garantifactoring.com

Garanti Faktoring AS is a Turkish company which offers factoring services where time receivables of companies arising out of their domestic and overseas service sales are taken over by Garanti to offer one or more of financing, guarantee and collection services. The company focuses on trade financing and receivable-based financing and provides financing, guarantee and collection products. It offers financing service to customers whose goods/services sales are realized on the account and as check account sales and delivers regular cash flow. The company also affords supplier financing to supplier companies the benefit of payment of their receivables without waiting for maturity, and to buyer companies the benefit of payment due date extension.

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