Edreams Odigeo (XMAD:EDR) Cyclically Adjusted PB Ratio: 1.48 (As of Jul. 18, 2026) — 15% Below Median

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XMAD:EDR Edreams Odigeo SA XMAD:EDR
75 GF Score
Price €4.99
GF Value €7.92
Valuation Possible Value Trap
! 3 Warning Signs
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What is Edreams Odigeo Cyclically Adjusted PB Ratio?

Edreams Odigeo XMAD:EDR -2.54% 75 Cyclically Adjusted PB Ratio is 1.48 as of Jul. 18, 2026, which is 15% below its 10-year median of 1.74. GuruFocus rates XMAD:EDR with a GF Score™ of 75/100 and a GF Value™ of €7.92 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 647 Travel & Leisure companies, Edreams Odigeo ranks worse than 56.41% on this metric.

As of today (2026-07-18), Edreams Odigeo's current share price is €4.99. Edreams Odigeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.38. Edreams Odigeo's Cyclically Adjusted PB Ratio for today is 1.48.

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

XMAD:EDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.74   Max: 2.74
Current: 1.52

During the past years, Edreams Odigeo's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.87. And the median was 1.74.

XMAD:EDR's Cyclically Adjusted PB Ratio is ranked worse than
56.41% of 647 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs XMAD:EDR: 1.52

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.

Edreams Odigeo's adjusted book value per share data for the three months ended in Mar. 2026 was €2.343. 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 €3.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edreams Odigeo  (XMAD:EDR) 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.


Edreams Odigeo Cyclically Adjusted PB Ratio Related Terms


Edreams Odigeo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Edreams Odigeo'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.

Edreams Odigeo Cyclically Adjusted PB Ratio Chart

Edreams Odigeo 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 2.16 1.51 1.79 2.07 0.91

Edreams Odigeo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.07 2.23 2.40 1.18 0.91

XMAD:EDR vs BKNG, ABNB, RCL: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Edreams Odigeo'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.


Edreams Odigeo Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


XMAD:EDR
75GF Score
Edreams Odigeo SA XMAD:EDR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edreams Odigeo 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.

Edreams Odigeo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.99/3.38
=1.48

* 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.

Edreams Odigeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Edreams Odigeo's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.343/129.8600*129.8600
=2.343

Current CPI (Mar. 2026) = 129.8600.

Edreams Odigeo Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.641 100.333 4.713
201609 3.686 99.737 4.799
201612 3.528 101.842 4.499
201703 3.657 100.896 4.707
201706 3.578 101.848 4.562
201709 3.693 101.524 4.724
201712 3.821 102.975 4.819
201803 3.773 102.122 4.798
201806 3.816 104.165 4.757
201809 3.612 103.818 4.518
201812 3.681 104.193 4.588
201903 3.840 103.488 4.819
201906 3.852 104.612 4.782
201909 3.934 103.905 4.917
201912 4.105 105.015 5.076
202003 3.417 103.469 4.289
202006 3.221 104.254 4.012
202009 3.035 103.521 3.807
202012 2.838 104.456 3.528
202103 2.349 104.857 2.909
202106 2.157 107.102 2.615
202109 2.033 107.669 2.452
202112 1.881 111.298 2.195
202203 2.242 115.153 2.528
202206 2.141 118.044 2.355
202209 2.076 117.221 2.300
202212 1.995 117.650 2.202
202303 1.925 118.948 2.102
202306 1.974 120.278 2.131
202309 1.939 121.343 2.075
202312 1.930 121.300 2.066
202403 2.204 122.762 2.331
202406 2.201 124.409 2.297
202409 2.084 123.121 2.198
202412 2.056 124.753 2.140
202503 2.166 125.531 2.241
202506 2.205 127.251 2.250
202509 2.246 126.840 2.299
202512 2.244 128.400 2.270
202603 2.343 129.860 2.343

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 1.48 mean?
Edreams Odigeo (XMAD:EDR) has a Cyclically Adjusted PB Ratio of 1.48 as of Jul. 18, 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 Edreams Odigeo and its competitors. This is 15% below median its historical median of 1.74. Over the past decade, Edreams Odigeo's Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.74. According to the industry distribution chart, Edreams Odigeo ranks #365 out of 647 companies in the Travel & Leisure industry, placing it in the top 56.4%.
Is Edreams Odigeo's Cyclically Adjusted PB Ratio too high?
Edreams Odigeo's current Cyclically Adjusted PB Ratio of 1.48 is 15% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.74. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Edreams Odigeo's value of 1.48 is 20.3% above this industry median. Based on the distribution chart, Edreams Odigeo ranks #365 out of 647 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Edreams Odigeo has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Edreams Odigeo's Cyclically Adjusted PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Edreams Odigeo ranks #365 out of 647 companies for Cyclically Adjusted PB Ratio. This places Edreams Odigeo in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Edreams Odigeo's value of 1.48 is 20.3% above this benchmark. Historically, Edreams Odigeo's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.74 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.23, Edreams Odigeo has consistently been above 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 1.23, based on 647 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. Edreams Odigeo's current Cyclically Adjusted PB Ratio of 1.48 is 20.3% above 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 Edreams Odigeo and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edreams Odigeo's current Cyclically Adjusted PB Ratio is 1.48, which is 15% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edreams Odigeo stock overvalued right now?
Based on GuruFocus' analysis, Edreams Odigeo (XMAD:EDR) is currently considered Possible Value Trap. The stock's GF Value™ is €7.92, compared to a current price of €4.99 — trading 37% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is 15% below median its 10-year median of 1.74 and 20.3% above the Travel & Leisure industry median of 1.23. Edreams Odigeo's overall GF Score™ is 75/100 with 3 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 Edreams Odigeo (XMAD:EDR), the current Cyclically Adjusted PB Ratio is 1.48 as of Jul. 18, 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 Edreams Odigeo (XMAD:EDR) Overvalued in 2026?

Based on GuruFocus' analysis, Edreams Odigeo stock appears to be undervalued. The current stock price of €4.99 is trading 37% below its estimated GF Value™ of €7.92. GuruFocus considers Edreams Odigeo to be Possible Value Trap.

Key valuation signals for XMAD:EDR:

  • Cyclically Adjusted PB Ratio: 1.48 (15% below median its 10-year median of 1.74)
  • GF Value™: €7.92 vs. price of €4.99 (37% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 20.3% above the Travel & Leisure median (#365 of 647)

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


Edreams Odigeo Business Description

Address Lopez de Hoyos 35, Madrid, ESP, 28002
Edreams Odigeo SA is an online travel company that uses technology and builds on relationships with suppliers, product know-how, and marketing expertise to attract and enable customers to search, plan, and book a broad range of travel products and services. Its travel solutions content includes flights, hotels, dynamic packages (flight plus hotel), trains, car rentals, and ancillaries (such as seats, bags, and insurance), which are sourced from a wide range of suppliers which include airlines, hotels, GDS aggregators, white label partners, car rental suppliers, train operators, and insurance providers. The company's segments include France; Southern Europe (Spain and Italy); and Northern Europe (Germany, Nordics, and UK).
75GF Score

Get the complete analysis for XMAD:EDR

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

€4.99
Price
€7.92
GF Value