VIK (Viking Holdings) EV-to-EBITDA: 27.52 (As of Aug. 05, 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VIK Viking Holdings Ltd VIK
19 GF Score
Price $109.72
! 7 Warning Signs
View Full Analysis

What is Viking Holdings EV-to-EBITDA?

Viking Holdings VIK +2.05% 19 EV-to-EBITDA is 27.52 as of Aug. 05, 2026, which is 35% above its 10-year median of 20.41. GuruFocus rates VIK with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 698 Travel & Leisure companies, Viking Holdings ranks worse than 83.67% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Viking Holdings's enterprise value is $50,734 Mil. Viking Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,843 Mil. Therefore, Viking Holdings's EV-to-EBITDA for today is 27.52.

The historical rank and industry rank for Viking Holdings's EV-to-EBITDA or its related term are showing as below:

VIK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.19   Med: 20.41   Max: 277.2
Current: 27.52

During the past 5 years, the highest EV-to-EBITDA of Viking Holdings was 277.20. The lowest was -13.19. And the median was 20.41.

VIK's EV-to-EBITDA is ranked worse than
83.67% of 698 companies
in the Travel & Leisure industry
Industry Median: 9.775 vs VIK: 27.52

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-05), Viking Holdings's stock price is $109.72. Viking Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.690. Therefore, Viking Holdings's PE Ratio (TTM) for today is 40.79.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Viking Holdings  (NYSE:VIK) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Viking Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=109.72/2.690
=40.79

Viking Holdings's share price for today is $109.72.
Viking Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.690.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Viking Holdings EV-to-EBITDA Related Terms


Viking Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Viking Holdings's EV-to-EBITDA 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.

Viking Holdings EV-to-EBITDA Chart

Viking Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 0.00 28.16 18.93

Viking Holdings Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 17.41 18.66 18.90 18.93 18.75

VIK vs CCL, EXPE, TCOM: EV-to-EBITDA Comparison

For the Travel Services subindustry, Viking Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Viking Holdings EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Viking Holdings's EV-to-EBITDA falls into.


VIK
19GF Score
Viking Holdings Ltd VIK
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viking Holdings EV-to-EBITDA Calculation

Viking Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=50734.461/1843.391
=27.52

Viking Holdings's current Enterprise Value is $50,734 Mil.
Viking Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,843 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 27.52 mean?
Viking Holdings (VIK) has a EV-to-EBITDA of 27.52 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viking Holdings. This is 35% above median its historical median of 20.41. According to the industry distribution chart, Viking Holdings ranks #584 out of 698 companies in the Travel & Leisure industry, placing it in the top 83.7%.
Is Viking Holdings' EV-to-EBITDA too high?
Viking Holdings' current EV-to-EBITDA of 27.52 is 35% above median its 10-year median of 20.41. The Travel & Leisure industry median EV-to-EBITDA is 9.78. Viking Holdings' value of 27.52 is 181.5% above this industry median. Based on the distribution chart, Viking Holdings ranks #584 out of 698 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Viking Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Viking Holdings' EV-to-EBITDA compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #584 out of 698 companies for EV-to-EBITDA. This places Viking Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 9.78. Viking Holdings' value of 27.52 is 181.5% above this benchmark. While the company's 10-year median is 20.41 vs. the industry median of 9.78, Viking Holdings 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 EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.78, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viking Holdings's current EV-to-EBITDA of 27.52 is 181.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viking Holdings. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current EV-to-EBITDA is 27.52, which is 35% above median its own 10-year median of 20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Holdings stock overvalued right now?
Viking Holdings (VIK) has a current EV-to-EBITDA of 27.52. The current EV-to-EBITDA is 27.52, which is 35% above median its 10-year median of 20.41 and 181.5% above the Travel & Leisure industry median of 9.78. Viking Holdings' overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Viking Holdings (VIK), the current EV-to-EBITDA is 27.52 as of Aug. 05, 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.

Viking Holdings Business Description

Other Exchanges ZG8:Germany
Address 94 Pitts Bay Road, Pembroke, BMU, HM 08
Viking Holdings Ltd is a travel company, with a fleet of 92 small ships, which view as floating hotels. It offers travel experiences on all seven continents in all three categories of the cruise industry river, ocean, and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment offers ocean cruises to English-speaking passengers. Other include operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers (Expedition), Mississippi River cruises for English-speaking passengers, and Viking China, which includes cruises for Mandarin.
19GF Score

Get the complete analysis for VIK

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$109.72
Price