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Turkish (BIST) Market Analysis & Valuation

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies591
  • 7D2.2%
  • 3M10.1%
  • 1Y43.4%
  • YTD11.6%

Over the last 7 days, the market has risen 2.2%, driven by gains of 3.2% in the Financials sector. The market is up 43% over the last 12 months. Looking forward, earnings are forecast to grow by 31% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

Has the Turkish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026₺20.0t₺20.9t₺1.1t18x18.3x1x
Tue, 03 Mar 2026₺20.6t₺18.4t₺1.0t19.5x19.7x1.1x
Thu, 29 Jan 2026₺20.0t₺16.4t₺913.7b21.3x21.9x1.2x
Sat, 27 Dec 2025₺17.4t₺16.4t₺910.9b18.3x19.1x1.1x
Mon, 24 Nov 2025₺17.1t₺16.5t₺904.4b17.8x18.9x1x
Wed, 22 Oct 2025₺16.6t₺15.8t₺795.8b21.7x20.9x1.1x
Fri, 19 Sep 2025₺17.1t₺15.8t₺784.5b23.9x21.8x1.1x
Sun, 17 Aug 2025₺17.4t₺15.6t₺818.3b22.2x21.3x1.1x
Tue, 15 Jul 2025₺14.7t₺15.4t₺844.6b18.2x17.4x1x
Thu, 12 Jun 2025₺13.8t₺15.4t₺841.4b18.5x16.4x0.9x
Sat, 10 May 2025₺13.4t₺15.4t₺862.3b18.3x15.6x0.9x
Mon, 07 Apr 2025₺13.5t₺15.4t₺877.2b17.5x15.4x0.9x
Wed, 05 Mar 2025₺13.5t₺13.5t₺1.0t15.9x13x1x
Fri, 31 Jan 2025₺13.6t₺11.4t₺1.2t15.5x11.1x1.2x
Sun, 29 Dec 2024₺13.6t₺11.4t₺1.2t15.9x11.1x1.2x
Tue, 26 Nov 2024₺13.5t₺11.4t₺1.2t15.6x11x1.2x
Thu, 24 Oct 2024₺12.1t₺11.5t₺1.4t14.5x8.9x1x
Sat, 21 Sep 2024₺13.4t₺11.6t₺1.4t16.6x9.6x1.2x
Mon, 19 Aug 2024₺13.1t₺11.5t₺1.4t16.3x9.2x1.1x
Wed, 17 Jul 2024₺14.6t₺11.2t₺1.4t16.3x10.3x1.3x
Fri, 14 Jun 2024₺13.7t₺11.1t₺1.4t16.1x9.7x1.2x
Sun, 12 May 2024₺14.4t₺11.4t₺1.5t15.6x9.8x1.3x
Tue, 09 Apr 2024₺13.3t₺10.3t₺1.4t15.4x9.2x1.3x
Thu, 07 Mar 2024₺12.2t₺8.9t₺1.4t15.8x8.8x1.4x
Sat, 03 Feb 2024₺12.2t₺8.3t₺1.4t14.2x9x1.5x
Mon, 01 Jan 2024₺10.1t₺8.2t₺1.4t11.9x7.4x1.2x
Wed, 29 Nov 2023₺11.0t₺8.2t₺1.3t13.7x8.2x1.3x
Fri, 27 Oct 2023₺10.7t₺7.3t₺1.2t14.1x9.1x1.5x
Sun, 24 Sep 2023₺10.4t₺7.2t₺1.1t15.3x9.1x1.4x
Tue, 22 Aug 2023₺8.8t₺7.2t₺1.1t13.9x7.9x1.2x
Thu, 20 Jul 2023₺7.4t₺6.7t₺1.1t12.2x7x1.1x
Sat, 17 Jun 2023₺6.2t₺6.6t₺1.1t9.6x5.9x0.9x
Mon, 15 May 2023₺6.2t₺6.5t₺1.1t8.1x5.8x0.9x
Wed, 12 Apr 2023₺5.7t₺5.9t₺1.0t9x5.7x1x
Price to Earnings Ratio

5.7x


Total Market Cap: ₺5.7tTotal Earnings: ₺1.0tTotal Revenue: ₺5.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Market Price to Earnings3Y Average 12.7x202420252026
Current Market PE
  • Investors are optimistic on the Turkish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.3x which is higher than its 3-year average PE of 12.7x.
Past Earnings Growth
  • The earnings for Turkish listed companies have grown 2.9% per year over the last three years.
  • Revenues for these companies have grown 52% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Turkish Market?

TR Market2.23%
Energy5.97%
Utilities4.72%
Tech4.50%
Financials3.18%
Materials3.00%
Healthcare2.65%
Consumer Staples1.75%
Industrials1.33%
Real Estate0.46%
Telecom0.088%
Consumer Discretionary-0.71%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 39.0% which is higher than its past year's earnings decline of 33.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 63% over the next 5 years.
  • However this is lower than its past earnings growth rate of 110% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 5.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
QNBTR QNB Bank₺288.003.9%
+₺59.1b		43.7%PB9.2xFinancials
DSTKF Destek Finans Faktoring₺1.96k5.8%
+₺35.7b		1,222.3%PE173.2xFinancials
TUPRS Türkiye Petrol Rafinerileri₺255.256.1%
+₺28.4b		90.1%PE16.7xEnergy
HEDEF Hedef Holding₺140.8010.0%
+₺25.0b		1,908.6%PE176.6xFinancials
GARAN Turkiye Garanti Bankasi₺132.204.5%
+₺23.9b		19.3%PB1.3xFinancials
See more

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