Tabcorp HoldingsASX:TAH +0.61%50 PB Ratio is 1.49 as of Jun. 24, 2026, which is 352% above its 10-year median of 0.33. GuruFocus rates ASX:TAH with a GF Score™ of 50/100 and a GF Value™ of A$0.81 (Fairly Valued). The stock has 6 warning signs investors should review. Among 795 Travel & Leisure companies, Tabcorp Holdings ranks better than 50.57% 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 (2026-06-24), Tabcorp Holdings's share price is A$0.825. Tabcorp Holdings's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.55. Hence, Tabcorp Holdings's PB Ratio of today is 1.49.
The historical rank and industry rank for Tabcorp Holdings's PB Ratio or its related term are showing as below:
ASX:TAH'
s PB Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.33 Max: 2.13
Current: 1.49
During the past 13 years, Tabcorp Holdings's highest PB Ratio was 2.13. The lowest was 0.09. And the median was 0.33.
ASX:TAH's PB Ratio is ranked better than 50.57% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs ASX:TAH: 1.49
During the past 12 months, Tabcorp Holdings's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -32.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -13.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tabcorp Holdings was 22.20% per year. The lowest was -43.40% per year. And the median was 1.45% per year.
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.
Tabcorp Holdings PB Ratio Related Terms
Tabcorp Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Tabcorp 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.
For the Gambling subindustry, Tabcorp 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.
Tabcorp Holdings PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tabcorp Holdings'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.
Tabcorp Holdings (ASX:TAH) has a PB Ratio of 1.49 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tabcorp Holdings and its competitors. This is 352% above median its historical median of 0.33. Over the past decade, Tabcorp Holdings' PB Ratio has ranged from 0.09 to 2.13. According to the industry distribution chart, Tabcorp Holdings ranks #393 out of 795 companies in the Travel & Leisure industry, placing it in the top 49.4%.
Is Tabcorp Holdings' PB Ratio too high?
Tabcorp Holdings' current PB Ratio of 1.49 is 352% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.13. The Travel & Leisure industry median PB Ratio is 1.49. Tabcorp Holdings' value of 1.49 is 0% at this industry median. Based on the distribution chart, Tabcorp Holdings ranks #393 out of 795 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tabcorp Holdings has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tabcorp Holdings ranks #393 out of 795 companies for PB Ratio. This puts Tabcorp Holdings in the upper half of its industry. The industry median PB Ratio is 1.49. Tabcorp Holdings' value of 1.49 is 0% at this benchmark. Historically, Tabcorp Holdings' own PB Ratio has ranged from 0.09 to 2.13 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.49, Tabcorp Holdings has consistently been at 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 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. Tabcorp Holdings's current PB Ratio of 1.49 is 0% at 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 Tabcorp Holdings 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. Tabcorp Holdings's current PB Ratio is 1.49, which is 352% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tabcorp Holdings (ASX:TAH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.81, compared to a current price of A$0.83 — trading 1.9% above its estimated fair value. The current PB Ratio is 1.49, which is 352% above median its 10-year median of 0.33 and 0% at the Travel & Leisure industry median of 1.49. Tabcorp Holdings' overall GF Score™ is 50/100 with 6 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 Tabcorp Holdings (ASX:TAH), the current PB Ratio is 1.49 as of Jun. 24, 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 Tabcorp Holdings (ASX:TAH) Overvalued in 2026?
Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued.
The current stock price of A$0.83 is trading 1.9% above its estimated GF Value™ of A$0.81.
GuruFocus considers Tabcorp Holdings to be Fairly Valued.
Key valuation signals for ASX:TAH:
PB Ratio: 1.49 (352% above median its 10-year median of 0.33)
GF Value™: A$0.81 vs. price of A$0.83 (1.9% above fair value)
Industry Position: 0% at the Travel & Leisure median (#393 of 795)
No single metric tells the full story. See the ASX:TAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
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