GRSD (Grandstand) PB Ratio: 0.57 (As of Jul. 24, 2026) — 83% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

GRSD Grandstand Ltd GRSD
65 GF Score
Price $1.72
GF Value $15.16
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Grandstand PB Ratio?

Grandstand GRSD +1.47% 65 PB Ratio is 0.57 as of Jul. 24, 2026, which is 83% below its 10-year median of 3.31. GuruFocus rates GRSD with a GF Score™ of 65/100 and a GF Value™ of $15.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 791 Travel & Leisure companies, Grandstand ranks better than 79.52% 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 (2026-07-24), Grandstand's share price is $1.7199. Grandstand's Book Value per Share for the quarter that ended in Mar. 2026 was $3.04. Hence, Grandstand's PB Ratio of today is 0.57.

Good Sign:

Grandstand Ltd stock PB Ratio (=0.56) is close to 10-year low of 0.56.

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

GRSD' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 3.31   Max: 11.68
Current: 0.57

During the past 7 years, Grandstand's highest PB Ratio was 11.68. The lowest was 0.54. And the median was 3.31.

GRSD's PB Ratio is ranked better than
79.52% of 791 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs GRSD: 0.57

During the past 12 months, Grandstand's average Book Value Per Share Growth Rate was -26.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Grandstand was 84.10% per year. The lowest was 8.80% per year. And the median was 30.55% per year.

Back to Basics: PB Ratio


Grandstand  (NAS:GRSD) 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.


Grandstand PB Ratio Related Terms


Grandstand PB Ratio Historical Data

* Premium members only.

The historical data trend for Grandstand'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.

Grandstand PB Ratio Chart

Grandstand Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 4.29 3.83 3.05 3.97 1.78

Grandstand Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 3.04 2.15 1.78 1.28

GRSD vs ROLR, GLXZ, AAPI: PB Ratio Comparison

For the Gambling subindustry, Grandstand'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.


Grandstand PB Ratio vs Travel & Leisure Industry

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

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


GRSD
65GF Score
Grandstand Ltd GRSD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grandstand 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.7199/3.04
=0.57

* 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 0.57 mean?
Grandstand (GRSD) has a PB Ratio of 0.57 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grandstand and its competitors. This is 83% below median its historical median of 3.31. Over the past decade, Grandstand's PB Ratio has ranged from 0.54 to 11.68. According to the industry distribution chart, Grandstand ranks #162 out of 791 companies in the Travel & Leisure industry, placing it in the top 20.5%.
Is Grandstand's PB Ratio too high?
Grandstand's current PB Ratio of 0.57 is 83% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 11.68. The Travel & Leisure industry median PB Ratio is 1.48. Grandstand's value of 0.57 is 61.5% below this industry median. Based on the distribution chart, Grandstand ranks #162 out of 791 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Grandstand has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grandstand's PB Ratio compare to ROLR and GLXZ?
According to the Travel & Leisure industry distribution chart, Grandstand ranks #162 out of 791 companies for PB Ratio. This places Grandstand in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.48. Grandstand's value of 0.57 is 61.5% below this benchmark. Historically, Grandstand's own PB Ratio has ranged from 0.54 to 11.68 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 1.48, Grandstand 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 1.48, based on 791 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. Grandstand's current PB Ratio of 0.57 is 61.5% 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 Grandstand and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandstand's current PB Ratio is 0.57, which is 83% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandstand stock overvalued right now?
Based on GuruFocus' analysis, Grandstand (GRSD) is currently considered Possible Value Trap. The stock's GF Value™ is $15.16, compared to a current price of $1.72 — trading 88.7% below its estimated fair value. The current PB Ratio is 0.57, which is 83% below median its 10-year median of 3.31 and 61.5% below the Travel & Leisure industry median of 1.48. Grandstand's overall GF Score™ is 65/100 with 3 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 Grandstand (GRSD), the current PB Ratio is 0.57 as of Jul. 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 Grandstand (GRSD) Overvalued in 2026?

Based on GuruFocus' analysis, Grandstand stock appears to be undervalued. The current stock price of $1.72 is trading 88.7% below its estimated GF Value™ of $15.16. GuruFocus considers Grandstand to be Possible Value Trap.

Key valuation signals for GRSD:

  • PB Ratio: 0.57 (83% below median its 10-year median of 3.31)
  • GF Value™: $15.16 vs. price of $1.72 (88.7% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 61.5% below the Travel & Leisure median (#162 of 791)

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


Grandstand Business Description

Other Exchanges 6WH:Germany
Address 22 Grenville Street, Channel Islands, Saint Helier, JEY, JE4 8PX
Gambling.com Group Ltd is a technology company providing marketing and sports data services for the gambling industry. Through its platform of marketing technologies and branded websites including Gambling.com, Bookies.com and Casinos.com, the company helps enterprises, including casinos and sports betting operators, reach high intent audiences and acquire new customers in national markets across more than ten languages. Through its sports data platform and under the OddsJam, OpticOdds and RotoWire brands, the company power enterprises including sports betting operators, prediction markets and market makers and media companies, as well as consumers, to succeed in sports betting and fantasy sports. Geographically it operates in Ireland, United States and Others.
65GF Score

Get the complete analysis for GRSD

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

$1.72
Price
$15.16
GF Value