Turkiye Garanti Bankasi A.S.
GARAN
Rank in Stocks
#1898
Turkiye Garanti Bankasi A.S. offers a comprehensive array of financial products... Turkiye Garanti Bankasi A.S. offers a comprehensive array of financial products and services. Its offerings include diverse account types such as checking, savings, time deposits, structured deposits, and specialized gold accounts. The bank also provides a wide range of credit solutions, spanning consumer loans (general purpose, auto, home, revolving), business financing (SME project, working capital, installment, foreign currency), and mortgage facilities. Furthermore, it facilitates spot Turkish Lira and foreign currency transactions, issues letters of guarantee, and manages overdraft facilities. In addition to a variety of card products, the institution offers an extensive portfolio of insurance solutions, including coverage for automobiles, liability, health, unemployment, life, homeowners, personal accident, commercial property, fire, freight, engineering risks, and agricultural ventures, alongside various pension schemes. Its investment services encompass mutual funds, government securities (T-bills and bonds), Eurobonds, repurchase agreements (repos), equity trading, dual currency deposit options, access to the Turkish derivatives market, e-trader platforms, forward contracts, and tax-related services. The bank also delivers cash management solutions and tailored products for Small and Medium-sized Enterprises (SMEs), including support packages, foreign trade financing, and regulatory assistance. Moreover, its comprehensive suite of services extends to leasing, fleet management, factoring, investment and private banking, various payment solutions, safe deposit boxes, and modern digital banking channels like internet and mobile/SMS banking. Established in Istanbul, Turkey, in 1946, Turkiye Garanti Bankasi A.S. is headquartered in the same city. As of December 31, 2021, the bank's operational network comprised 872 branches and 5,401 automated teller machines (ATMs). Since May 18, 2022, it has operated as a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A.
Share Price
$2.62
Market Cap
$11.00B
Change (1 day)
-2.04%
Change (1 year)
-12.76%
Country
TR
Trade Turkiye Garanti Bankasi A.S. (GARAN)
Category
Financial Services
P/E ratio for Turkiye Garanti Bankasi A.S. (GARAN)
P/E ratio as of October 2026 TTM: 4.53
According to Turkiye Garanti Bankasi A.S. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.53. At the end of 2024 the company had a P/E ratio of 5.73.
P/E ratio history for Turkiye Garanti Bankasi A.S. from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 4.53 | -17.41% |
| 2025 | 5.49 | -4.17% |
| 2024 | 5.73 | 101.82% |
| 2023 | 2.84 | 31.07% |
| 2022 | 2.16 | -38.41% |
| 2021 | 3.51 | -49.12% |
| 2020 | 6.91 | -8.98% |
| 2019 | 7.59 | 50.77% |
| 2018 | 5.03 | -29.21% |
| 2017 | 7.11 | 13.43% |
| 2016 | 6.27 | -24.90% |
| 2015 | 8.35 | -23.09% |
| 2014 | 10.85 | 23.03% |
| 2013 | 8.82 | -24.36% |
| 2012 | 11.66 | 56.56% |
| 2011 | 7.45 | -25.04% |
| 2010 | 9.94 | 14.13% |
| 2009 | 8.71 | 111.66% |
| 2008 | 4.11 | -54.98% |
| 2007 | 9.14 | 8.15% |
| 2006 | 8.45 | -38.57% |
| 2005 | 13.76 | -27.17% |
| 2004 | 18.89 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 7.16 | 57.94% |
CN
|
|
| - | - |
IT
|
|
| 13.66 | 201.31% |
JP
|
|
| - | - |
IN
|
|
| 7.24 | 59.66% |
PH
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.