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Grand Harbour MarinaMAL:GHM 49 PB Ratio is 1.35 as of Jul. 16, 2026, which is 73% below its 10-year median of 4.97. GuruFocus rates MAL:GHM with a GF Score™ of 49/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 792 Travel & Leisure companies, Grand Harbour Marina ranks better than 53.91% on this metric.
Grand Harbour Marina PLC stock PB Ratio (=1.35) is close to 10-year low of 1.24.
The historical rank and industry rank for Grand Harbour Marina's PB Ratio or its related term are showing as below:
MAL:GHM'
s PB Ratio Range Over the Past 10 Years
Min: 1.24 Med: 4.97 Max: 10.93
Current: 1.35
During the past 13 years, Grand Harbour Marina's highest PB Ratio was 10.93. The lowest was 1.24. And the median was 4.97.
MAL:GHM's PB Ratio is ranked better than 53.91% of 792
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs MAL:GHM: 1.35
During the past 12 months, Grand Harbour Marina's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 46.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 50.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grand Harbour Marina was 82.10% per year. The lowest was -32.40% per year. And the median was -3.90% per year.
Back to Basics: PB Ratio
Grand Harbour Marina (MAL:GHM) PB Ratio Explanation
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.
Grand Harbour Marina PB Ratio Related Terms
Grand Harbour Marina PB Ratio Historical Data
* Premium members only.
The historical data trend for Grand Harbour Marina'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.
For the Leisure subindustry, Grand Harbour Marina'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.
Grand Harbour Marina PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's PB Ratio distribution charts can be found below:
* The bar in red indicates where Grand Harbour Marina's PB Ratio falls into.
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.
* 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.
Grand Harbour Marina (MAL:GHM) has a PB Ratio of 1.35 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grand Harbour Marina and its competitors. This is 73% below median its historical median of 4.97. Over the past decade, Grand Harbour Marina's PB Ratio has ranged from 1.24 to 10.93. According to the industry distribution chart, Grand Harbour Marina ranks #365 out of 792 companies in the Travel & Leisure industry, placing it in the top 46.1%.
Is Grand Harbour Marina's PB Ratio too high?
Grand Harbour Marina's current PB Ratio of 1.35 is 73% below median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 10.93. The Travel & Leisure industry median PB Ratio is 1.49. Grand Harbour Marina's value of 1.35 is 9.4% below this industry median. Based on the distribution chart, Grand Harbour Marina ranks #365 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Grand Harbour Marina has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Harbour Marina ranks #365 out of 792 companies for PB Ratio. This puts Grand Harbour Marina in the upper half of its industry. The industry median PB Ratio is 1.49. Grand Harbour Marina's value of 1.35 is 9.4% below this benchmark. Historically, Grand Harbour Marina's own PB Ratio has ranged from 1.24 to 10.93 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 1.49, Grand Harbour Marina 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Grand Harbour Marina's current PB Ratio of 1.35 is 9.4% 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 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 Grand Harbour Marina 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. Grand Harbour Marina's current PB Ratio is 1.35, which is 73% below median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.94 — trading 17.5% above its estimated fair value. The current PB Ratio is 1.35, which is 73% below median its 10-year median of 4.97 and 9.4% below the Travel & Leisure industry median of 1.49. Grand Harbour Marina's overall GF Score™ is 49/100 with 8 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 Grand Harbour Marina (MAL:GHM), the current PB Ratio is 1.35 as of Jul. 16, 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 Grand Harbour Marina (MAL:GHM) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued.
The current stock price of €0.94 is trading 17.5% above its estimated GF Value™ of €0.80.
GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.
Key valuation signals for MAL:GHM:
PB Ratio: 1.35 (73% below median its 10-year median of 4.97)
GF Value™: €0.80 vs. price of €0.94 (17.5% above fair value)
Industry Position: 9.4% below the Travel & Leisure median (#365 of 792)
No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
49GF Score
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