Yatra Online (STU:26Y) Cyclically Adjusted PB Ratio: 0.91 (As of Sep. 09, 2026) — 112% Above Median

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STU:26Y Yatra Online Inc STU:26Y
57 GF Score
Price €0.81
GF Value €1.47
! 4 Warning Signs
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What is Yatra Online Cyclically Adjusted PB Ratio?

Yatra Online STU:26Y +0.62% 57 Cyclically Adjusted PB Ratio is 0.91 as of Sep. 09, 2026, which is 112% above its 10-year median of 0.43. GuruFocus rates STU:26Y with a GF Score™ of 57/100 and a GF Value™ of €1.47. The stock has 4 warning signs investors should review. Among 598 Travel & Leisure companies, Yatra Online ranks better than 60.7% on this metric.

As of today (2026-09-09), Yatra Online's current share price is €0.81. Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.89. Yatra Online's Cyclically Adjusted PB Ratio for today is 0.91.

The historical rank and industry rank for Yatra Online's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:26Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.43   Max: 1
Current: 0.9

During the past years, Yatra Online's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.23. And the median was 0.43.

STU:26Y's Cyclically Adjusted PB Ratio is ranked better than
60.7% of 598 companies
in the Travel & Leisure industry
Industry Median: 1.165 vs STU:26Y: 0.90

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Yatra Online's adjusted book value per share data for the three months ended in Jun. 2026 was €0.792. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yatra Online  (STU:26Y) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Yatra Online Cyclically Adjusted PB Ratio Related Terms


Yatra Online Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yatra Online's Cyclically Adjusted PB Ratio 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.

Yatra Online Cyclically Adjusted PB Ratio Chart

Yatra Online Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.42 0.28 0.77

Yatra Online Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.40 0.65 0.99 0.77 0.85

STU:26Y vs TOUR, AHMA, NTRP: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Yatra Online's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Yatra Online Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yatra Online's Cyclically Adjusted PB Ratio falls into.


STU:26Y
57GF Score
Yatra Online Inc STU:26Y
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yatra Online Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Yatra Online's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.81/0.89
=0.91

* 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.

Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yatra Online's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.792/167.3573*167.3573
=0.792

Current CPI (Jun. 2026) = 167.3573.

Yatra Online Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.353 105.961 13.193
201612 1.175 105.196 1.869
201703 1.454 105.196 2.313
201706 0.078 107.109 0.122
201709 -0.235 109.021 -0.361
201712 0.016 109.404 0.024
201803 -0.089 109.786 -0.136
201806 0.996 111.317 1.497
201809 0.857 115.142 1.246
201812 0.918 115.142 1.334
201903 0.708 118.202 1.002
201906 0.550 120.880 0.761
201909 0.436 123.175 0.592
201912 0.533 126.235 0.707
202003 0.416 124.705 0.558
202006 0.427 127.000 0.563
202009 0.367 130.118 0.472
202012 0.312 130.889 0.399
202103 0.222 131.771 0.282
202106 0.204 134.084 0.255
202109 0.198 135.847 0.244
202112 0.185 138.161 0.224
202203 0.175 138.822 0.211
202206 0.175 142.347 0.206
202209 0.170 144.661 0.197
202212 0.120 145.763 0.138
202303 0.130 146.865 0.148
202306 0.129 150.280 0.144
202309 1.040 151.492 1.149
202312 0.974 152.924 1.066
202403 0.975 153.035 1.066
202406 0.971 155.789 1.043
202409 0.938 157.882 0.994
202412 0.997 158.323 1.054
202503 0.959 157.552 1.019
202506 0.877 159.755 0.919
202509 0.839 162.289 0.865
202512 0.794 163.281 0.814
202603 0.818 164.272 0.833
202606 0.792 167.357 0.792

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.91 mean?
Yatra Online (STU:26Y) has a Cyclically Adjusted PB Ratio of 0.91 as of Sep. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Yatra Online and its competitors. This is 112% above median its historical median of 0.43. Over the past decade, Yatra Online's Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.00. According to the industry distribution chart, Yatra Online ranks #235 out of 598 companies in the Travel & Leisure industry, placing it in the top 39.3%.
Is Yatra Online's Cyclically Adjusted PB Ratio too high?
Yatra Online's current Cyclically Adjusted PB Ratio of 0.91 is 112% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.00. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.17. Yatra Online's value of 0.91 is 21.9% below this industry median. Based on the distribution chart, Yatra Online ranks #235 out of 598 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Yatra Online has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Yatra Online's Cyclically Adjusted PB Ratio compare to TOUR and AHMA?
According to the Travel & Leisure industry distribution chart, Yatra Online ranks #235 out of 598 companies for Cyclically Adjusted PB Ratio. This puts Yatra Online in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Yatra Online's value of 0.91 is 21.9% below this benchmark. Historically, Yatra Online's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.00 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.17, Yatra Online has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.17, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yatra Online's current Cyclically Adjusted PB Ratio of 0.91 is 21.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Yatra Online and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yatra Online's current Cyclically Adjusted PB Ratio is 0.91, which is 112% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yatra Online stock overvalued right now?
Yatra Online (STU:26Y) has a current Cyclically Adjusted PB Ratio of 0.91. The stock's GF Value™ is €1.47, compared to a current price of €0.81 — trading 44.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.91, which is 112% above median its 10-year median of 0.43 and 21.9% below the Travel & Leisure industry median of 1.17. Yatra Online's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Yatra Online (STU:26Y), the current Cyclically Adjusted PB Ratio is 0.91 as of Sep. 09, 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 Yatra Online (STU:26Y) Overvalued in 2026?

Based on GuruFocus' analysis, Yatra Online stock appears to be undervalued. The current stock price of €0.81 is trading 44.9% below its estimated GF Value™ of €1.47.

Key valuation signals for STU:26Y:

  • Cyclically Adjusted PB Ratio: 0.91 (112% above median its 10-year median of 0.43)
  • GF Value™: €1.47 vs. price of €0.81 (44.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 21.9% below the Travel & Leisure median (#235 of 598)

No single metric tells the full story. See the STU:26Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yatra Online Business Description

Other Exchanges YTRA:USA
Address Udyog Vihar, Phase-II, 4th Floor, Gulf Adiba, Plot No. 272, Sector-20, Gurugram, HR, IND, 122008
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing which derives maximum revenue, Hotels and Packages, and Other Services. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.
57GF Score

Get the complete analysis for STU:26Y

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.81
Price
€1.47
GF Value