Reef Casino Trust (ASX:RCT) PB Ratio: 15.18 (As of Jul. 12, 2026) — 24% Above Median


ASX:RCT Reef Casino Trust ASX:RCT
74 GF Score
Price A$3.72
GF Value A$3.01
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Reef Casino Trust PB Ratio?

Reef Casino Trust ASX:RCT +3.33% 74 PB Ratio is 15.18 as of Jul. 12, 2026, which is 24% above its 10-year median of 12.29. GuruFocus rates ASX:RCT with a GF Score™ of 74/100 and a GF Value™ of A$3.01 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 795 Travel & Leisure companies, Reef Casino Trust ranks worse than 96.6% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-12), Reef Casino Trust's share price is A$3.72. Reef Casino Trust's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.25. Hence, Reef Casino Trust's PB Ratio of today is 15.18.

Warning Sign:

Reef Casino Trust stock PB Ratio (=15.18) is close to 3-year high of 16.49.

The historical rank and industry rank for Reef Casino Trust's PB Ratio or its related term are showing as below:

ASX:RCT' s PB Ratio Range Over the Past 10 Years
Min: 6.72   Med: 12.29   Max: 18.36
Current: 15.18

During the past 13 years, Reef Casino Trust's highest PB Ratio was 18.36. The lowest was 6.72. And the median was 12.29.

ASX:RCT's PB Ratio is ranked worse than
96.6% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs ASX:RCT: 15.18

During the past 12 months, Reef Casino Trust's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Reef Casino Trust was 29.10% per year. The lowest was -49.40% per year. And the median was -3.15% per year.

Back to Basics: PB Ratio


Reef Casino Trust  (ASX:RCT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Reef Casino Trust PB Ratio Related Terms


Reef Casino Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Reef Casino Trust's 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.

Reef Casino Trust PB Ratio Chart

Reef Casino Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 10.63 13.94 12.72 14.37

Reef Casino Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 13.94 14.17 12.72 15.05 14.37

ASX:RCT vs LVS, MGM, WYNN: PB Ratio Comparison

For the Resorts & Casinos subindustry, Reef Casino Trust'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.


Reef Casino Trust PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Reef Casino Trust's PB Ratio falls into.


ASX:RCT
74GF Score
Reef Casino Trust ASX:RCT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reef Casino Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Reef Casino Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.72/0.245
=15.18

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 15.18 mean?
Reef Casino Trust (ASX:RCT) has a PB Ratio of 15.18 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Reef Casino Trust and its competitors. This is 24% above median its historical median of 12.29. Over the past decade, Reef Casino Trust's PB Ratio has ranged from 6.72 to 18.36. According to the industry distribution chart, Reef Casino Trust ranks #768 out of 795 companies in the Travel & Leisure industry, placing it in the top 96.6%.
Is Reef Casino Trust's PB Ratio too high?
Reef Casino Trust's current PB Ratio of 15.18 is 24% above median its 10-year median of 12.29. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 18.36. The Travel & Leisure industry median PB Ratio is 1.49. Reef Casino Trust's value of 15.18 is 918.8% above this industry median. Based on the distribution chart, Reef Casino Trust ranks #768 out of 795 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Reef Casino Trust has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's PB Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Reef Casino Trust ranks #768 out of 795 companies for PB Ratio. This places Reef Casino Trust in the lower half of its industry. The industry median PB Ratio is 1.49. Reef Casino Trust's value of 15.18 is 918.8% above this benchmark. Historically, Reef Casino Trust's own PB Ratio has ranged from 6.72 to 18.36 over the past decade. While the company's 10-year median is 12.29 vs. the industry median of 1.49, Reef Casino Trust 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reef Casino Trust's current PB Ratio of 15.18 is 918.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Reef Casino Trust and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reef Casino Trust's current PB Ratio is 15.18, which is 24% above median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.01, compared to a current price of A$3.72 — trading 23.6% above its estimated fair value. The current PB Ratio is 15.18, which is 24% above median its 10-year median of 12.29 and 918.8% above the Travel & Leisure industry median of 1.49. Reef Casino Trust's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Reef Casino Trust (ASX:RCT), the current PB Ratio is 15.18 as of Jul. 12, 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 Reef Casino Trust (ASX:RCT) Overvalued in 2026?

Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued. The current stock price of A$3.72 is trading 23.6% above its estimated GF Value™ of A$3.01. GuruFocus considers Reef Casino Trust to be Modestly Overvalued.

Key valuation signals for ASX:RCT:

  • PB Ratio: 15.18 (24% above median its 10-year median of 12.29)
  • GF Value™: A$3.01 vs. price of A$3.72 (23.6% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 918.8% above the Travel & Leisure median (#768 of 795)

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


Reef Casino Trust Business Description

Address 35-41 Wharf Street, PO Box 7320, Cairns, QLD, AUS, 4870
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
74GF Score

Get the complete analysis for ASX:RCT

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

A$3.72
Price
A$3.01
GF Value