Tron (TRON) PB Ratio: 1.62 (As of Jul. 14, 2026) — 34% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

TRON Tron Inc TRON
12 GF Score
Price $1.48
GF Value $0.04
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tron PB Ratio?

Tron TRON +6.12% 12 PB Ratio is 1.62 as of Jul. 14, 2026, which is 34% below its 10-year median of 2.44. GuruFocus rates TRON with a GF Score™ of 12/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 795 Travel & Leisure companies, Tron ranks worse than 50.82% 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 (2026-07-14), Tron's share price is $1.475. Tron's Book Value per Share for the quarter that ended in Mar. 2026 was $0.91. Hence, Tron's PB Ratio of today is 1.62.

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

TRON' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.44   Max: 38.2
Current: 1.62

During the past 4 years, Tron's highest PB Ratio was 38.20. The lowest was 0.53. And the median was 2.44.

TRON's PB Ratio is ranked worse than
50.82% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.5 vs TRON: 1.62

During the past 12 months, Tron's average Book Value Per Share Growth Rate was 215.20% per year.

Back to Basics: PB Ratio


Tron  (NAS:TRON) 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.


Tron PB Ratio Related Terms


Tron PB Ratio Historical Data

* Premium members only.

The historical data trend for Tron'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.

Tron PB Ratio Chart

Tron Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 3.67 1.89 1.54

Tron Quarterly Data
Jun22 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 1.42 1.91 2.07 1.54 2.49

TRON vs JOUT, LUCK, FNKO: PB Ratio Comparison

For the Leisure subindustry, Tron'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.


Tron PB Ratio vs Travel & Leisure Industry

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

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


TRON
12GF Score
Tron Inc TRON
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tron 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.

Tron's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.475/0.911
=1.62

* 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 1.62 mean?
Tron (TRON) has a PB Ratio of 1.62 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tron and its competitors. This is 34% below median its historical median of 2.44. Over the past decade, Tron's PB Ratio has ranged from 0.53 to 38.20. According to the industry distribution chart, Tron ranks #404 out of 795 companies in the Travel & Leisure industry, placing it in the top 50.8%.
Is Tron's PB Ratio too high?
Tron's current PB Ratio of 1.62 is 34% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 38.20. The Travel & Leisure industry median PB Ratio is 1.50. Tron's value of 1.62 is 8% above this industry median. Based on the distribution chart, Tron ranks #404 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Tron has a GF Score™ of 12/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tron's PB Ratio compare to JOUT and LUCK?
According to the Travel & Leisure industry distribution chart, Tron ranks #404 out of 795 companies for PB Ratio. This places Tron in the lower half of its industry. The industry median PB Ratio is 1.50. Tron's value of 1.62 is 8% above this benchmark. Historically, Tron's own PB Ratio has ranged from 0.53 to 38.20 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.50, Tron 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. Tron's current PB Ratio of 1.62 is 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 Tron 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. Tron's current PB Ratio is 1.62, which is 34% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tron stock overvalued right now?
Based on GuruFocus' analysis, Tron (TRON) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $1.48 — trading 3587.5% above its estimated fair value. The current PB Ratio is 1.62, which is 34% below median its 10-year median of 2.44 and 8% above the Travel & Leisure industry median of 1.50. Tron's overall GF Score™ is 12/100 with 2 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 Tron (TRON), the current PB Ratio is 1.62 as of Jul. 14, 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 Tron (TRON) Overvalued in 2026?

Based on GuruFocus' analysis, Tron stock appears to be overvalued. The current stock price of $1.48 is trading 3587.5% above its estimated GF Value™ of $0.04. GuruFocus considers Tron to be Significantly Overvalued.

Key valuation signals for TRON:

  • PB Ratio: 1.62 (34% below median its 10-year median of 2.44)
  • GF Value™: $0.04 vs. price of $1.48 (3587.5% above fair value)
  • GF Score™: 12/100 with 2 warning signs
  • Industry Position: 8% above the Travel & Leisure median (#404 of 795)

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


Tron Business Description

Address 941 W Morse Boulevard, Suite 100, Winter Park, FL, USA, 32789
Tron Inc is a publicly traded company pioneering blockchain-integrated treasury strategies. The company is committed to transparency, long-term value creation, and the adoption of decentralized financial tools. The company designs, develops, and manufactures custom merchandise, which includes toys and souvenirs for the world theme parks and other entertainment venues. The products are distributed world-wide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts - SeaWorld, Six Flags, and other attractions.
12GF Score

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

$1.48
Price
$0.04
GF Value