YTRA (Yatra Online) Cyclically Adjusted PB Ratio: 0.90 (As of Sep. 09, 2026) — 109% Above Median

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YTRA Yatra Online Inc YTRA
57 GF Score
Price $1.00
GF Value $1.82
Valuation Possible Value Trap
! 4 Warning Signs
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What is Yatra Online Cyclically Adjusted PB Ratio?

Yatra Online YTRA +0.01% 57 Cyclically Adjusted PB Ratio is 0.90 as of Sep. 09, 2026, which is 109% above its 10-year median of 0.43. GuruFocus rates YTRA with a GF Score™ of 57/100 and a GF Value™ of $1.82 (Possible Value Trap). 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 $1.0001. Yatra Online's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.11. Yatra Online's Cyclically Adjusted PB Ratio for today is 0.90.

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

YTRA' 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.

YTRA's Cyclically Adjusted PB Ratio is ranked better than
60.7% of 598 companies
in the Travel & Leisure industry
Industry Median: 1.165 vs YTRA: 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 $0.912. 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 $1.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yatra Online  (NAS:YTRA) 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

YTRA 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.


YTRA
57GF Score
Yatra Online Inc YTRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=1.0001/1.11
=0.90

* 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.

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)
=0.912/167.3573*167.3573
=0.912

Current CPI (Jun. 2026) = 167.3573.

Yatra Online Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.374 105.961 14.806
201612 1.239 105.196 1.971
201703 1.555 105.196 2.474
201706 0.088 107.109 0.137
201709 -0.280 109.021 -0.430
201712 0.019 109.404 0.029
201803 -0.110 109.786 -0.168
201806 1.164 111.317 1.750
201809 1.000 115.142 1.453
201812 1.044 115.142 1.517
201903 0.800 118.202 1.133
201906 0.621 120.880 0.860
201909 0.480 123.175 0.652
201912 0.592 126.235 0.785
202003 0.460 124.705 0.617
202006 0.480 127.000 0.633
202009 0.432 130.118 0.556
202012 0.379 130.889 0.485
202103 0.265 131.771 0.337
202106 0.246 134.084 0.307
202109 0.233 135.847 0.287
202112 0.209 138.161 0.253
202203 0.193 138.822 0.233
202206 0.185 142.347 0.218
202209 0.168 144.661 0.194
202212 0.128 145.763 0.147
202303 0.139 146.865 0.158
202306 0.140 150.280 0.156
202309 1.110 151.492 1.226
202312 1.062 152.924 1.162
202403 1.060 153.035 1.159
202406 1.045 155.789 1.123
202409 1.041 157.882 1.103
202412 1.044 158.323 1.104
202503 1.037 157.552 1.102
202506 1.012 159.755 1.060
202509 0.984 162.289 1.015
202512 0.929 163.281 0.952
202603 0.945 164.272 0.963
202606 0.912 167.357 0.912

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 0.90 mean?
Yatra Online (YTRA) has a Cyclically Adjusted PB Ratio of 0.90 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 109% 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 0.90 is 109% 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 0.90 is 22.7% 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 and is considered Possible Value Trap, 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 0.90 is 22.7% 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 0.90 is 22.7% 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 0.90, which is 109% 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?
Based on GuruFocus' analysis, Yatra Online (YTRA) is currently considered Possible Value Trap. The stock's GF Value™ is $1.82, compared to a current price of $1.00 — trading 45% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 109% above median its 10-year median of 0.43 and 22.7% 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 (YTRA), the current Cyclically Adjusted PB Ratio is 0.90 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 (YTRA) Overvalued in 2026?

Based on GuruFocus' analysis, Yatra Online stock appears to be undervalued. The current stock price of $1.00 is trading 45% below its estimated GF Value™ of $1.82. GuruFocus considers Yatra Online to be Possible Value Trap.

Key valuation signals for YTRA:

  • Cyclically Adjusted PB Ratio: 0.90 (109% above median its 10-year median of 0.43)
  • GF Value™: $1.82 vs. price of $1.00 (45% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 22.7% below the Travel & Leisure median (#235 of 598)

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


Yatra Online Business Description

Other Exchanges 26Y:Germany
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 YTRA

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

$1.00
Price
$1.82
GF Value