Turkish Airlines (THYAO.IS)

P/B ratio as of December 2025 : 0.4288

According to Turkish Airlines's latest financial reports the company has a price-to-book ratio of 14.4369.
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 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	N/A	-100%
2024-12-31	20.8	2924.96%
2023-12-31	0.6868	-96.56%
2022-12-31	20.0	6444.97%
2021-12-31	0.3050	-32.62%
2020-12-31	0.4527	-7.5%
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	45.51%
2014-12-31	1.45	13.78%
2013-12-31	1.28	-8.2%
2012-12-31	1.39	148.93%
2011-12-31	0.5593	-75.06%
2010-12-31	2.24	56.46%
2009-12-31	1.43

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