ZEAL Network SE (LTS:0QJQ) PB Ratio: 3.79 (As of Jul. 05, 2026) — 64% Above Median


LTS:0QJQ ZEAL Network SE LTS:0QJQ
69 GF Score
Price €43.00
! 2 Warning Signs
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What is ZEAL Network SE PB Ratio?

ZEAL Network SE LTS:0QJQ +0.23% 69 PB Ratio is 3.79 as of Jul. 05, 2026, which is 64% above its 10-year median of 2.31. GuruFocus rates LTS:0QJQ with a GF Score™ of 69/100. The stock has 2 warning signs investors should review. Among 795 Travel & Leisure companies, ZEAL Network SE ranks worse than 82.52% 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 (2026-07-05), ZEAL Network SE's share price is €43.00. ZEAL Network SE's Book Value per Share for the quarter that ended in Mar. 2026 was €11.34. Hence, ZEAL Network SE's PB Ratio of today is 3.79.

Good Sign:

ZEAL Network SE stock PB Ratio (=3.86) is close to 1-year low of 3.77.

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

LTS:0QJQ' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 2.31   Max: 5.1
Current: 3.86

During the past 13 years, ZEAL Network SE's highest PB Ratio was 5.10. The lowest was 0.34. And the median was 2.31.

LTS:0QJQ's PB Ratio is ranked worse than
82.52% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.5 vs LTS:0QJQ: 3.86

During the past 12 months, ZEAL Network SE's average Book Value Per Share Growth Rate was -3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ZEAL Network SE was 97.30% per year. The lowest was -17.80% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


ZEAL Network SE  (LTS:0QJQ) 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.


ZEAL Network SE PB Ratio Related Terms


ZEAL Network SE PB Ratio Historical Data

* Premium members only.

The historical data trend for ZEAL Network SE'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.

ZEAL Network SE PB Ratio Chart

ZEAL Network SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 1.87 2.76 4.34 4.80

ZEAL Network SE 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 3.54 4.96 4.73 4.80 4.31

LTS:0QJQ vs FLUT, DKNG, SGHC: PB Ratio Comparison

For the Gambling subindustry, ZEAL Network SE'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.


ZEAL Network SE PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where ZEAL Network SE's PB Ratio falls into.


LTS:0QJQ
69GF Score
ZEAL Network SE LTS:0QJQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Network SE 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.

ZEAL Network SE's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=43.00/11.339
=3.79

* 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 3.79 mean?
ZEAL Network SE (LTS:0QJQ) has a PB Ratio of 3.79 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on ZEAL Network SE and its competitors. This is 64% above median its historical median of 2.31. Over the past decade, ZEAL Network SE's PB Ratio has ranged from 0.34 to 5.10. According to the industry distribution chart, ZEAL Network SE ranks #656 out of 795 companies in the Travel & Leisure industry, placing it in the top 82.5%.
Is ZEAL Network SE's PB Ratio too high?
ZEAL Network SE's current PB Ratio of 3.79 is 64% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 5.10. The Travel & Leisure industry median PB Ratio is 1.50. ZEAL Network SE's value of 3.79 is 152.7% above this industry median. Based on the distribution chart, ZEAL Network SE ranks #656 out of 795 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, ZEAL Network SE has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Network SE's PB Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, ZEAL Network SE ranks #656 out of 795 companies for PB Ratio. This places ZEAL Network SE in the lower half of its industry. The industry median PB Ratio is 1.50. ZEAL Network SE's value of 3.79 is 152.7% above this benchmark. Historically, ZEAL Network SE's own PB Ratio has ranged from 0.34 to 5.10 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.50, ZEAL Network SE 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. ZEAL Network SE's current PB Ratio of 3.79 is 152.7% 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 ZEAL Network SE 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. ZEAL Network SE's current PB Ratio is 3.79, which is 64% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Network SE stock overvalued right now?
ZEAL Network SE (LTS:0QJQ) has a current PB Ratio of 3.79. The current PB Ratio is 3.79, which is 64% above median its 10-year median of 2.31 and 152.7% above the Travel & Leisure industry median of 1.50. ZEAL Network SE's overall GF Score™ is 69/100 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 ZEAL Network SE (LTS:0QJQ), the current PB Ratio is 3.79 as of Jul. 05, 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.

ZEAL Network SE Business Description

Other Exchanges TIMA:GermanyTIMA:Austria
Address Strassenbahnring 11, Hamburg, NI, DEU, 20251
ZEAL Network SE is an e-commerce group of companies company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The ZEAL group now has more than one million active customers. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL operates under its owns brands namely ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia.
69GF Score

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

€43.00
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