TRUG (TruGolf Holdings) PB Ratio: 0.32 (As of Sep. 02, 2026) — 56% Below Median

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TRUG TruGolf Holdings Inc TRUG
24 GF Score
Price $0.41
GF Value $6.74
Valuation Possible Value Trap
! 7 Warning Signs
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What is TruGolf Holdings PB Ratio?

TruGolf Holdings TRUG -4.79% 24 PB Ratio is 0.32 as of Sep. 02, 2026, which is 56% below its 10-year median of 0.72. GuruFocus rates TRUG with a GF Score™ of 24/100 and a GF Value™ of $6.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 790 Travel & Leisure companies, TruGolf Holdings ranks better than 90.38% 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 (2026-09-02), TruGolf Holdings's share price is $0.4148. TruGolf Holdings's Book Value per Share for the quarter that ended in Jun. 2026 was $1.30. Hence, TruGolf Holdings's PB Ratio of today is 0.32.

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

TRUG' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.72   Max: 1.39
Current: 0.32

During the past 5 years, TruGolf Holdings's highest PB Ratio was 1.39. The lowest was 0.27. And the median was 0.72.

TRUG's PB Ratio is ranked better than
90.38% of 790 companies
in the Travel & Leisure industry
Industry Median: 1.51 vs TRUG: 0.32

During the past 12 months, TruGolf Holdings's average Book Value Per Share Growth Rate was -97.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of TruGolf Holdings was 10.80% per year. The lowest was 10.80% per year. And the median was 10.80% per year.

Back to Basics: PB Ratio


TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings PB Ratio Related Terms


TruGolf Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for TruGolf Holdings'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.

TruGolf Holdings PB Ratio Chart

TruGolf Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.00 0.75

TruGolf Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.34 0.82 0.75 1.27 1.00

TRUG vs SPQS, BWMG, AIBT: PB Ratio Comparison

For the Leisure subindustry, TruGolf Holdings'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.


TruGolf Holdings PB Ratio vs Travel & Leisure Industry

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

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


TRUG
24GF Score
TruGolf Holdings Inc TRUG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TruGolf Holdings 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.

TruGolf Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=0.4148/1.296
=0.32

* 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 0.32 mean?
TruGolf Holdings (TRUG) has a PB Ratio of 0.32 as of Sep. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TruGolf Holdings and its competitors. This is 56% below median its historical median of 0.72. Over the past decade, TruGolf Holdings' PB Ratio has ranged from 0.27 to 1.39. According to the industry distribution chart, TruGolf Holdings ranks #76 out of 790 companies in the Travel & Leisure industry, placing it in the top 9.6%.
Is TruGolf Holdings' PB Ratio too high?
TruGolf Holdings' current PB Ratio of 0.32 is 56% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.39. The Travel & Leisure industry median PB Ratio is 1.51. TruGolf Holdings' value of 0.32 is 78.8% below this industry median. Based on the distribution chart, TruGolf Holdings ranks #76 out of 790 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TruGolf Holdings has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TruGolf Holdings' PB Ratio compare to SPQS and BWMG?
According to the Travel & Leisure industry distribution chart, TruGolf Holdings ranks #76 out of 790 companies for PB Ratio. This places TruGolf Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.51. TruGolf Holdings' value of 0.32 is 78.8% below this benchmark. Historically, TruGolf Holdings' own PB Ratio has ranged from 0.27 to 1.39 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.51, TruGolf Holdings 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 1.51, based on 790 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. TruGolf Holdings's current PB Ratio of 0.32 is 78.8% 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 TruGolf Holdings and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TruGolf Holdings's current PB Ratio is 0.32, which is 56% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TruGolf Holdings stock overvalued right now?
Based on GuruFocus' analysis, TruGolf Holdings (TRUG) is currently considered Possible Value Trap. The stock's GF Value™ is $6.74, compared to a current price of $0.41 — trading 93.8% below its estimated fair value. The current PB Ratio is 0.32, which is 56% below median its 10-year median of 0.72 and 78.8% below the Travel & Leisure industry median of 1.51. TruGolf Holdings' overall GF Score™ is 24/100 with 7 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 TruGolf Holdings (TRUG), the current PB Ratio is 0.32 as of Sep. 02, 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 TruGolf Holdings (TRUG) Overvalued in 2026?

Based on GuruFocus' analysis, TruGolf Holdings stock appears to be undervalued. The current stock price of $0.41 is trading 93.8% below its estimated GF Value™ of $6.74. GuruFocus considers TruGolf Holdings to be Possible Value Trap.

Key valuation signals for TRUG:

  • PB Ratio: 0.32 (56% below median its 10-year median of 0.72)
  • GF Value™: $6.74 vs. price of $0.41 (93.8% below fair value)
  • GF Score™: 24/100 with 7 warning signs
  • Industry Position: 78.8% below the Travel & Leisure median (#76 of 790)

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


TruGolf Holdings Business Description

Address 60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Holdings Inc is a indoor golf gaming solutions company. The company designs, develops, manufactures, and sells golf simulators and related software for residential and commercial applications. The products of the company includes portable, professional, commercial, and custom simulators, as well as standalone software products including E6 Connect and E6 GOLF and offers multi-sport gaming applications.
24GF Score

Get the complete analysis for TRUG

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

$0.41
Price
$6.74
GF Value