VELTRATSE:7048 +6.13%57 PB Ratio is 2.49 as of Jul. 11, 2026, which is 80% below its 10-year median of 12.48. GuruFocus rates TSE:7048 with a GF Score™ of 57/100 and a GF Value™ of 円528.52 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 790 Travel & Leisure companies, VELTRA ranks worse than 67.85% 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 (2026-07-11), VELTRA's share price is 円173.00. VELTRA's Book Value per Share for the quarter that ended in Dec. 2025 was 円69.53. Hence, VELTRA's PB Ratio of today is 2.49.
The historical rank and industry rank for VELTRA's PB Ratio or its related term are showing as below:
TSE:7048'
s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 12.48 Max: 36.04
Current: 2.49
During the past 10 years, VELTRA's highest PB Ratio was 36.04. The lowest was 1.65. And the median was 12.48.
TSE:7048's PB Ratio is ranked worse than 67.85% of 790
companies
in the Travel & Leisure industry
Industry Median: 1.5
vs TSE:7048: 2.49
During the past 12 months, VELTRA's average Book Value Per Share Growth Rate was 5.40% 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 28.10% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of VELTRA was 91.70% per year. The lowest was -19.20% per year. And the median was 23.40% 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.
VELTRA PB Ratio Related Terms
VELTRA PB Ratio Historical Data
* Premium members only.
The historical data trend for VELTRA'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 Travel Services subindustry, VELTRA'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.
VELTRA PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, VELTRA's PB Ratio distribution charts can be found below:
* The bar in red indicates where VELTRA'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.
VELTRA's PB Ratio for today is calculated as follows:
* 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.
VELTRA (TSE:7048) has a PB Ratio of 2.49 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VELTRA and its competitors. This is 80% below median its historical median of 12.48. Over the past decade, VELTRA's PB Ratio has ranged from 1.65 to 36.04. According to the industry distribution chart, VELTRA ranks #536 out of 790 companies in the Travel & Leisure industry, placing it in the top 67.8%.
Is VELTRA's PB Ratio too high?
VELTRA's current PB Ratio of 2.49 is 80% below median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 36.04. The Travel & Leisure industry median PB Ratio is 1.50. VELTRA's value of 2.49 is 66% above this industry median. Based on the distribution chart, VELTRA ranks #536 out of 790 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, VELTRA has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VELTRA's PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, VELTRA ranks #536 out of 790 companies for PB Ratio. This places VELTRA in the lower half of its industry. The industry median PB Ratio is 1.50. VELTRA's value of 2.49 is 66% above this benchmark. Historically, VELTRA's own PB Ratio has ranged from 1.65 to 36.04 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 1.50, VELTRA 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 790 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. VELTRA's current PB Ratio of 2.49 is 66% 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 VELTRA 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. VELTRA's current PB Ratio is 2.49, which is 80% below median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VELTRA stock overvalued right now?
Based on GuruFocus' analysis, VELTRA (TSE:7048) is currently considered Possible Value Trap. The stock's GF Value™ is 円528.52, compared to a current price of 円173.00 — trading 67.3% below its estimated fair value. The current PB Ratio is 2.49, which is 80% below median its 10-year median of 12.48 and 66% above the Travel & Leisure industry median of 1.50. VELTRA's overall GF Score™ is 57/100 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 VELTRA (TSE:7048), the current PB Ratio is 2.49 as of Jul. 11, 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 VELTRA (TSE:7048) Overvalued in 2026?
Based on GuruFocus' analysis, VELTRA stock appears to be undervalued.
The current stock price of 円173.00 is trading 67.3% below its estimated GF Value™ of 円528.52.
GuruFocus considers VELTRA to be Possible Value Trap.
Key valuation signals for TSE:7048:
PB Ratio: 2.49 (80% below median its 10-year median of 12.48)
GF Value™: 円528.52 vs. price of 円173.00 (67.3% below fair value)
Industry Position: 66% above the Travel & Leisure median (#536 of 790)
No single metric tells the full story. See the TSE:7048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VELTRA Corp is an online tour and activity booking service company. The company connects travelers to distinctive local experiences across the world and has branches in Honolulu, London, Paris, and Malaysia.
57GF Score
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