Yatra Online (NSE:YATRA) PB Ratio: 2.02 (As of Aug. 05, 2026) — 21% Below 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.

NSE:YATRA Yatra Online Ltd NSE:YATRA
55 GF Score
Price ₹106.95
GF Value ₹224.68
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Yatra Online PB Ratio?

Yatra Online NSE:YATRA -0.63% 55 PB Ratio is 2.02 as of Aug. 05, 2026, which is 21% below its 10-year median of 2.55. GuruFocus rates NSE:YATRA with a GF Score™ of 55/100 and a GF Value™ of ₹224.68 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 795 Travel & Leisure companies, Yatra Online ranks worse than 61.38% 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 (2026-08-05), Yatra Online's share price is ₹106.95. Yatra Online's Book Value per Share for the quarter that ended in Mar. 2026 was ₹52.91. Hence, Yatra Online's PB Ratio of today is 2.02.

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

NSE:YATRA' s PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.55   Max: 3.61
Current: 2.06

During the past 8 years, Yatra Online's highest PB Ratio was 3.61. The lowest was 1.57. And the median was 2.55.

NSE:YATRA's PB Ratio is ranked worse than
61.38% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.5 vs NSE:YATRA: 2.06

During the past 12 months, Yatra Online's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 69.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 63.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Yatra Online was 98.00% per year. The lowest was -24.50% per year. And the median was 69.80% per year.

Back to Basics: PB Ratio


Yatra Online  (NSE:YATRA) 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.


Yatra Online PB Ratio Related Terms


Yatra Online PB Ratio Historical Data

* Premium members only.

The historical data trend for Yatra Online'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.

Yatra Online PB Ratio Chart

Yatra Online Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 3.00 1.71 1.71

Yatra Online Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.71 0.00 2.69 0.00 1.71

NSE:YATRA vs BKNG, ABNB, RCL: PB Ratio Comparison

For the Travel Services subindustry, Yatra Online'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.


Yatra Online PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Yatra Online's PB Ratio falls into.


NSE:YATRA
55GF Score
Yatra Online Ltd NSE:YATRA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yatra Online 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.

Yatra Online's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=106.95/52.908
=2.02

* 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 2.02 mean?
Yatra Online (NSE:YATRA) has a PB Ratio of 2.02 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Yatra Online and its competitors. This is 21% below median its historical median of 2.55. Over the past decade, Yatra Online's PB Ratio has ranged from 1.57 to 3.61. According to the industry distribution chart, Yatra Online ranks #488 out of 795 companies in the Travel & Leisure industry, placing it in the top 61.4%.
Is Yatra Online's PB Ratio too high?
Yatra Online's current PB Ratio of 2.02 is 21% below median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 3.61. The Travel & Leisure industry median PB Ratio is 1.50. Yatra Online's value of 2.02 is 34.7% above this industry median. Based on the distribution chart, Yatra Online ranks #488 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Yatra Online has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yatra Online's PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Yatra Online ranks #488 out of 795 companies for PB Ratio. This places Yatra Online in the lower half of its industry. The industry median PB Ratio is 1.50. Yatra Online's value of 2.02 is 34.7% above this benchmark. Historically, Yatra Online's own PB Ratio has ranged from 1.57 to 3.61 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.50, Yatra Online 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 1.50, 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. Yatra Online's current PB Ratio of 2.02 is 34.7% 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 Yatra Online and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yatra Online's current PB Ratio is 2.02, which is 21% below median its own 10-year median of 2.55. 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 (NSE:YATRA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹224.68, compared to a current price of ₹106.95 — trading 52.4% below its estimated fair value. The current PB Ratio is 2.02, which is 21% below median its 10-year median of 2.55 and 34.7% above the Travel & Leisure industry median of 1.50. Yatra Online's overall GF Score™ is 55/100 with 5 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 Yatra Online (NSE:YATRA), the current PB Ratio is 2.02 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.

Is Yatra Online (NSE:YATRA) Overvalued in 2026?

Based on GuruFocus' analysis, Yatra Online stock appears to be undervalued. The current stock price of ₹106.95 is trading 52.4% below its estimated GF Value™ of ₹224.68. GuruFocus considers Yatra Online to be Significantly Undervalued.

Key valuation signals for NSE:YATRA:

  • PB Ratio: 2.02 (21% below median its 10-year median of 2.55)
  • GF Value™: ₹224.68 vs. price of ₹106.95 (52.4% below fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 34.7% above the Travel & Leisure median (#488 of 795)

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


Yatra Online Business Description

Other Exchanges 543992:India
Address Gulf Adiba, Plot No. 272, 4th Floor, Phase -II, Sector 20, Udyog Vihar, Gurugram, HR, IND, 122008
Yatra Online Ltd runs a common technology platform that serves its customers through multiple mobile applications as well as on their own company's website. The company also provides other services including domestic and international air ticketing on nearly all Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings, and ancillary services within India.
55GF Score

Get the complete analysis for NSE:YATRA

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

₹106.95
Price
₹224.68
GF Value