Turkish Airlines (THYAO.IS)

P/B ratio as of November 2024 : 0.5970

According to Turkish Airlines's latest financial reports the company has a price-to-book ratio of 18.29.
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.

Turkish Airlines - P/B ratio (from 2019 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	20.0	0.37%
2022-12-31	20.0	6444.97%
2021-12-31	0.3050	-90.86%
2020-12-31	3.34	582.04%
2019-12-31	0.4894	-86.98%
2018-12-31	3.76	-8.24%
2017-12-31	4.10	199.12%
2016-12-31	1.37	-35.3%
2015-12-31	2.12	-37.35%
2014-12-31	3.38	24.63%
2013-12-31	2.71	8.83%
2012-12-31	2.49	136.85%
2011-12-31	1.05	-53.12%
2010-12-31	2.24	4.42%
2009-12-31	2.15

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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Turkish Airlines (THYAO.IS) - P/B ratio