RYAAY (Ryanair Holdings) PB Ratio: 2.85 (As of Jun. 24, 2026) — Near Median


RYAAY Ryanair Holdings PLC RYAAY
84 GF Score
Price $63.73
GF Value $59.55
Valuation Fairly Valued
! 1 Warning Sign
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What is Ryanair Holdings PB Ratio?

Ryanair Holdings RYAAY +2.23% 84 PB Ratio is 2.85 as of Jun. 24, 2026, which is 5% below its 10-year median of 3.00. GuruFocus rates RYAAY with a GF Score™ of 84/100 and a GF Value™ of $59.55 (Fairly Valued). The stock has 1 warning sign investors should review. Among 971 Transportation companies, Ryanair Holdings ranks worse than 80.64% 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), Ryanair Holdings's share price is $63.73. Ryanair Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $22.37. Hence, Ryanair Holdings's PB Ratio of today is 2.85.

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

RYAAY' s PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 3   Max: 5.26
Current: 2.77

During the past 13 years, Ryanair Holdings's highest PB Ratio was 5.26. The lowest was 1.55. And the median was 3.00.

RYAAY's PB Ratio is ranked worse than
80.64% of 971 companies
in the Transportation industry
Industry Median: 1.25 vs RYAAY: 2.77

During the past 12 months, Ryanair Holdings's average Book Value Per Share Growth Rate was 46.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ryanair Holdings was 184.70% per year. The lowest was 2.00% per year. And the median was 10.95% per year.

Back to Basics: PB Ratio


Ryanair Holdings  (NAS:RYAAY) 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.


Ryanair Holdings PB Ratio Related Terms


Ryanair Holdings PB Ratio Historical Data

* Premium members only.

The historical data trend for Ryanair 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.

Ryanair Holdings PB Ratio Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.55 4.01 2.96 2.58

Ryanair Holdings 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 2.96 3.59 3.02 3.69 2.58

RYAAY vs DAL, UAL, LUV: PB Ratio Comparison

For the Airlines subindustry, Ryanair 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.


Ryanair Holdings PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Ryanair Holdings's PB Ratio distribution charts can be found below:

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


RYAAY
84GF Score
Ryanair Holdings PLC RYAAY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryanair 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=63.73/22.373
=2.85

* 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 2.85 mean?
Ryanair Holdings (RYAAY) has a PB Ratio of 2.85 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 Ryanair Holdings and its competitors. This is near median its historical median of 3.00. Over the past decade, Ryanair Holdings' PB Ratio has ranged from 1.55 to 5.26. According to the industry distribution chart, Ryanair Holdings ranks #783 out of 971 companies in the Transportation industry, placing it in the top 80.6%.
Is Ryanair Holdings' PB Ratio too high?
Ryanair Holdings' current PB Ratio of 2.85 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 5.26. The Transportation industry median PB Ratio is 1.25. Ryanair Holdings' value of 2.85 is 128% above this industry median. Based on the distribution chart, Ryanair Holdings ranks #783 out of 971 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Ryanair Holdings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Ryanair Holdings ranks #783 out of 971 companies for PB Ratio. This places Ryanair Holdings in the lower half of its industry. The industry median PB Ratio is 1.25. Ryanair Holdings' value of 2.85 is 128% above this benchmark. Historically, Ryanair Holdings' own PB Ratio has ranged from 1.55 to 5.26 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 1.25, Ryanair Holdings 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 971 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. Ryanair Holdings's current PB Ratio of 2.85 is 128% 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 Ryanair Holdings and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current PB Ratio is 2.85, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryanair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryanair Holdings (RYAAY) is currently considered Fairly Valued. The stock's GF Value™ is $59.55, compared to a current price of $63.73 — trading 7% above its estimated fair value. The current PB Ratio is 2.85, which is near median its 10-year median of 3.00 and 128% above the Transportation industry median of 1.25. Ryanair Holdings' overall GF Score™ is 84/100 with 1 warning sign 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 Ryanair Holdings (RYAAY), the current PB Ratio is 2.85 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 Ryanair Holdings (RYAAY) Overvalued in 2026?

Based on GuruFocus' analysis, Ryanair Holdings stock appears to be overvalued. The current stock price of $63.73 is trading 7% above its estimated GF Value™ of $59.55. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for RYAAY:

  • PB Ratio: 2.85 (near median its 10-year median of 3.00)
  • GF Value™: $59.55 vs. price of $63.73 (7% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 128% above the Transportation median (#783 of 971)

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


Ryanair Holdings Business Description

Address Airside Business Park, Swords, County Dublin, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,600 flights daily across 240-plus destinations in 40 countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, including the newer 737 8-200 "Gamechanger" variant, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volume, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.
84GF Score

Get the complete analysis for RYAAY

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

$63.73
Price
$59.55
GF Value