GarantiBank (GARAN.IS)

P/B ratio as of November 2024 : 1.56

According to GarantiBank's latest financial reports the company has a price-to-book ratio of 1.69711.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

GarantiBank - P/B ratio (from 2011 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9810	19.47%
2022-12-31	0.8211	39.3%
2021-12-31	0.5895	-16.34%
2020-12-31	0.7046	-18.46%
2019-12-31	0.8641	21.34%
2018-12-31	0.7121	-34.51%
2017-12-31	1.09	21.02%
2016-12-31	0.8985	-6.25%
2015-12-31	0.9583	-35.42%
2014-12-31	1.48	16.84%
2013-12-31	1.27	-29.33%
2012-12-31	1.80	30.06%
2011-12-31	1.38

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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GarantiBank (GARAN.IS) - P/B ratio