Codere Online LuxembourgCDRO -1.24%74 PB Ratio is 12.92 as of Jun. 25, 2026, which is 20% above its 10-year median of 10.74. GuruFocus rates CDRO with a GF Score™ of 74/100 and a GF Value™ of $8.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 795 Travel & Leisure companies, Codere Online Luxembourg ranks worse than 96.48% on this metric.
The historical rank and industry rank for Codere Online Luxembourg's PB Ratio or its related term are showing as below:
CDRO'
s PB Ratio Range Over the Past 10 Years
Min: 1.23 Med: 10.74 Max: 16.72
Current: 12.95
During the past 8 years, Codere Online Luxembourg's highest PB Ratio was 16.72. The lowest was 1.23. And the median was 10.74.
CDRO's PB Ratio is ranked worse than 96.48% of 795
companies
in the Travel & Leisure industry
Industry Median: 1.49
vs CDRO: 12.95
During the past 12 months, Codere Online Luxembourg's average Book Value Per Share Growth Rate was 33.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Codere Online Luxembourg was 8.90% per year. The lowest was -31.20% per year. And the median was -11.15% per year.
Back to Basics: PB Ratio
Codere Online Luxembourg (NAS:CDRO) 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.
* 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, Codere Online Luxembourg'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.
Codere Online Luxembourg PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's PB Ratio distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg'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.
Codere Online Luxembourg (CDRO) has a PB Ratio of 12.92 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Codere Online Luxembourg and its competitors. This is 20% above median its historical median of 10.74. Over the past decade, Codere Online Luxembourg's PB Ratio has ranged from 1.23 to 16.72. According to the industry distribution chart, Codere Online Luxembourg ranks #767 out of 795 companies in the Travel & Leisure industry, placing it in the top 96.5%.
Is Codere Online Luxembourg's PB Ratio too high?
Codere Online Luxembourg's current PB Ratio of 12.92 is 20% above median its 10-year median of 10.74. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 16.72. The Travel & Leisure industry median PB Ratio is 1.49. Codere Online Luxembourg's value of 12.92 is 767.1% above this industry median. Based on the distribution chart, Codere Online Luxembourg ranks #767 out of 795 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Codere Online Luxembourg has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's PB Ratio compare to INSE and GAMB?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #767 out of 795 companies for PB Ratio. This places Codere Online Luxembourg in the lower half of its industry. The industry median PB Ratio is 1.49. Codere Online Luxembourg's value of 12.92 is 767.1% above this benchmark. Historically, Codere Online Luxembourg's own PB Ratio has ranged from 1.23 to 16.72 over the past decade. While the company's 10-year median is 10.74 vs. the industry median of 1.49, Codere Online Luxembourg 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 1.49, 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. Codere Online Luxembourg's current PB Ratio of 12.92 is 767.1% 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 Codere Online Luxembourg 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. Codere Online Luxembourg's current PB Ratio is 12.92, which is 20% above median its own 10-year median of 10.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Based on GuruFocus' analysis, Codere Online Luxembourg (CDRO) is currently considered Fairly Valued. The stock's GF Value™ is $8.92, compared to a current price of $9.55 — trading 7% above its estimated fair value. The current PB Ratio is 12.92, which is 20% above median its 10-year median of 10.74 and 767.1% above the Travel & Leisure industry median of 1.49. Codere Online Luxembourg's overall GF Score™ is 74/100 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 Codere Online Luxembourg (CDRO), the current PB Ratio is 12.92 as of Jun. 25, 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 Codere Online Luxembourg (CDRO) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of $9.55 is trading 7% above its estimated GF Value™ of $8.92.
GuruFocus considers Codere Online Luxembourg to be Fairly Valued.
Key valuation signals for CDRO:
PB Ratio: 12.92 (20% above median its 10-year median of 10.74)
GF Value™: $8.92 vs. price of $9.55 (7% above fair value)
Industry Position: 767.1% above the Travel & Leisure median (#767 of 795)
No single metric tells the full story. See the CDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score
Get the complete analysis for CDRO
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CDRO has been successfully added to your 
