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NZSE:MCK's PB Ratio is ranked better than 68.77% of 794
companies
in the Travel & Leisure industry
Industry Median: 1.47
vs NZSE:MCK: 0.92
During the past 12 months, Millenniumpthorne Hotels New Zealand's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Millenniumpthorne Hotels New Zealand was 48.40% per year. The lowest was -17.50% per year. And the median was 4.50% per year.
Back to Basics: PB Ratio
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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.
Millenniumpthorne Hotels New Zealand PB Ratio Related Terms
Millenniumpthorne Hotels New Zealand PB Ratio Historical Data
* 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.
Millenniumpthorne Hotels New Zealand PB Ratio Chart
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's PB Ratio distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand's PB Ratio falls into.
Millenniumpthorne Hotels New Zealand 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.
* 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.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a PB Ratio of 0.92 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 70% above median its historical median of 0.54. Over the past decade, Millenniumpthorne Hotels New Zealand's PB Ratio has ranged from 0.27 to 1.00. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 794 companies in the Travel & Leisure industry, placing it in the top 31.2%.
Is Millenniumpthorne Hotels New Zealand's PB Ratio too high?
Millenniumpthorne Hotels New Zealand's current PB Ratio of 0.92 is 70% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.00. The Travel & Leisure industry median PB Ratio is 1.47. Millenniumpthorne Hotels New Zealand's value of 0.92 is 37.4% below this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 794 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #248 out of 794 companies for PB Ratio. This puts Millenniumpthorne Hotels New Zealand in the upper half of its industry. The industry median PB Ratio is 1.47. Millenniumpthorne Hotels New Zealand's value of 0.92 is 37.4% below this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own PB Ratio has ranged from 0.27 to 1.00 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.47, Millenniumpthorne Hotels New Zealand 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 1.47, based on 794 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. Millenniumpthorne Hotels New Zealand's current PB Ratio of 0.92 is 37.4% 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 Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current PB Ratio is 0.92, which is 70% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.69, compared to a current price of NZ$3.29 — trading 22.3% above its estimated fair value. The current PB Ratio is 0.92, which is 70% above median its 10-year median of 0.54 and 37.4% below the Travel & Leisure industry median of 1.47. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 73/100 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current PB Ratio is 0.92 as of Jul. 19, 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.29 is trading 22.3% above its estimated GF Value™ of NZ$2.69.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.
Key valuation signals for NZSE:MCK:
PB Ratio: 0.92 (70% above median its 10-year median of 0.54)
GF Value™: NZ$2.69 vs. price of NZ$3.29 (22.3% above fair value)
Industry Position: 37.4% below the Travel & Leisure median (#248 of 794)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millenniumpthorne Hotels New Zealand Business Description
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
73GF Score
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