LIND (Lindblad Expeditions Holdings) Book Value per Share: $-2.91 (As of Mar. 2026)


LIND Lindblad Expeditions Holdings Inc LIND
65 GF Score
Price $26.14
GF Value $13.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lindblad Expeditions Holdings Book Value per Share?

Lindblad Expeditions Holdings LIND +2.07% 65 Book Value per Share is $-2.91 as of Mar. 2026. GuruFocus rates LIND with a GF Score™ of 65/100 and a GF Value™ of $13.24 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Lindblad Expeditions Holdings's book value per share for the quarter that ended in Mar. 2026 was $-2.91.

During the past 3 years, the average Book Value Per Share Growth Rate was -14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lindblad Expeditions Holdings was 1897.40% per year. The lowest was -44.30% per year. And the median was -14.30% per year.

Lindblad Expeditions Holdings's current price is $26.14. Its book value per share for the quarter that ended in Mar. 2026 was $-2.91. Hence, today's PB Ratio of Lindblad Expeditions Holdings is .

During the past 13 years, the highest P/B Ratio of Lindblad Expeditions Holdings was 220.48. The lowest was 1.33. And the median was 4.90.


Lindblad Expeditions Holdings  (NAS:LIND) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Lindblad Expeditions Holdings Book Value per Share Related Terms


Lindblad Expeditions Holdings Book Value per Share Historical Data

* Premium members only.

The historical data trend for Lindblad Expeditions Holdings's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lindblad Expeditions Holdings Book Value per Share Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.55 -3.44 -4.22 -4.66 -5.14

Lindblad Expeditions Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.62 -4.83 -4.64 -5.14 -2.91

LIND vs TRIP, PRSU, YTRA: Book Value per Share Comparison

For the Travel Services subindustry, Lindblad Expeditions Holdings's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lindblad Expeditions Holdings PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lindblad Expeditions Holdings's PB Ratio falls into.


LIND
65GF Score
Lindblad Expeditions Holdings Inc LIND
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindblad Expeditions Holdings Book Value per Share Calculation

Lindblad Expeditions Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-201.4-83.1)/55.3
=-5.14

Lindblad Expeditions Holdings's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-190.1-0.0)/65.5
=-2.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-2.91 mean?
Lindblad Expeditions Holdings (LIND) has a Book Value per Share of $-2.91 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Lindblad Expeditions Holdings and its competitors.
Is Lindblad Expeditions Holdings' Book Value per Share too high?
Lindblad Expeditions Holdings' current Book Value per Share is $-2.91. Overall, Lindblad Expeditions Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindblad Expeditions Holdings' Book Value per Share compare to TRIP and PRSU?
Lindblad Expeditions Holdings' Book Value per Share of $-2.91 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Travel & Leisure company?
A good Book Value per Share depends on the Travel & Leisure industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Lindblad Expeditions Holdings and its competitors. Lindblad Expeditions Holdings's current Book Value per Share is $-2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindblad Expeditions Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings (LIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.24, compared to a current price of $26.14 — trading 97.4% above its estimated fair value. The current Book Value per Share is $-2.91. Lindblad Expeditions Holdings' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Lindblad Expeditions Holdings (LIND), the current Book Value per Share is $-2.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lindblad Expeditions Holdings (LIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lindblad Expeditions Holdings stock appears to be overvalued. The current stock price of $26.14 is trading 97.4% above its estimated GF Value™ of $13.24. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • Book Value per Share: $-2.91
  • GF Value™: $13.24 vs. price of $26.14 (97.4% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the LIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindblad Expeditions Holdings Business Description

Other Exchanges LI4:Germany
Address 11 West 42nd Street, Suite 22 B3, New York, NY, USA, 10036
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. It operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of twelve owned expedition ships and five seasonal charter vessels under the Lindblad brand.
65GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.14
Price
$13.24
GF Value