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Turkiye Petrol Rafinerileri AS
IST:TUPRS.E

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Turkiye Petrol Rafinerileri AS
IST:TUPRS.E
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Price: 271 TRY -1.63% Market Closed
Market Cap: ₺522.2B

P/S

0.6
Current
107%
More Expensive
vs 3-y average of 0.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
₺421.4B
/
Revenue
₺830.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
0.6
=
Market Cap
₺421.4B
/
Revenue
₺830.4B

Valuation Scenarios

Turkiye Petrol Rafinerileri AS is trading above its 3-year average

If P/S returns to its 3-Year Average (0.3), the stock would be worth ₺130.86 (52% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-59%
Maximum Upside
+145%
Average Upside
25%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.6 ₺271
0%
3-Year Average 0.3 ₺130.86
-52%
5-Year Average 0.3 ₺110.19
-59%
Industry Average 1 ₺446.64
+65%
Country Average 1.5 ₺663.59
+145%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
₺421.4B
/
Jan 2026
₺830.4B
=
0.6
Current
₺421.4B
/
Dec 2026
₺1T
=
0.4
Forward
₺421.4B
/
Dec 2027
₺1.1T
=
0.4
Forward
₺421.4B
/
Dec 2028
₺1.4T
=
0.3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
TR
Turkiye Petrol Rafinerileri AS
IST:TUPRS.E
522.2B TRY 0.6 17.7
JP
Fuji Oil Co Ltd
F:ACK
77.2T EUR 23 895.1 -1 805 607.9
IN
Reliance Industries Ltd
NSE:RELIANCE
19.4T INR 1.9 23.5
US
Valero Energy Corp
NYSE:VLO
75.5B USD 0.6 31.6
US
Marathon Petroleum Corp
NYSE:MPC
73.2B USD 0.5 17.9
US
Phillips 66
NYSE:PSX
71.9B USD 0.5 16.1
PL
Orlen SA
PSE:PKN
886.7B CZK 0.6 13.7
PL
Polski Koncern Naftowy Orlen SA
WSE:PKN
154.3B PLN 0.6 13.9
FI
Neste Oyj
OMXH:NESTE
22.6B EUR 1.2 156.7
JP
ENEOS Holdings Inc
TSE:5020
3.6T JPY 0.3 19.3
IN
Indian Oil Corporation Ltd
NSE:IOC
2T INR 0.2 5.5

Market Distribution

Lower than 80% of companies in Turkey
Percentile
20th
Based on 387 companies
20th percentile
0.6
Low
0.1 — 1
Typical Range
1 — 4
High
4 —
Distribution Statistics
Turkey
Min 0.1
30th Percentile 1
Median 1.5
70th Percentile 4
Max 2 749.7

Turkiye Petrol Rafinerileri AS
Glance View

Turkey's industrial landscape is dominated by key players, and among them stands Turkiye Petrol Rafinerileri AS, commonly known as Tupras. This powerhouse refines crude oil into a range of petroleum products, providing essential resources that fuel Turkey's transportation, industry, and daily life. With its operations finely tuned to optimize efficiency, Tupras harnesses advanced refining processes across its network, turning raw crude imported from global suppliers into refined products like gasoline, diesel, and jet fuel. Its sophisticated refinery units strategically positioned across the country not only bolster Turkey's energy independence but also serve as vital links in the broader logistical chain of the region's energy market. Financially, Tupras thrives on the intricate balance of supply and demand dynamics in the commodity markets. By operating in a capital-intensive industry, the company strategically invests in technology to trim operational costs and enhance product yield. Revenue generation hinges on its ability to swiftly adjust to market fluctuations, manage its supply chain adeptly, and maintain robust relationships with oil producers and distributors. By exporting surplus products, Tupras extends its influence beyond Turkey's borders, tapping into lucrative international markets. This blend of technological acumen and strategic foresight enables the company to navigate the volatile terrains of the oil industry, solidifying its role as a pivotal driver of Turkey's economy.

TUPRS.E Intrinsic Value
173.76 TRY
Overvaluation 36%
Intrinsic Value
Price ₺271
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