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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Ryanair Holdings Price-to-Tangible-Book Related Terms
Ryanair Holdings Price-to-Tangible-Book Historical Data
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The historical data trend for Ryanair Holdings's Price-to-Tangible-Book 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.
CHIX:RYAI vs DAL, UAL, LUV: Price-to-Tangible-Book Comparison
For the Airlines subindustry, Ryanair Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Transportation Industry
For the Transportation industry and Industrials sector, Ryanair Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ryanair Holdings's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Ryanair Holdings (CHIX:RYAI) has a Price-to-Tangible-Book of 2.59 as of Sep. 07, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ryanair Holdings and its competitors. According to the industry distribution chart, Ryanair Holdings ranks #674 out of 930 companies in the Transportation industry, placing it in the top 72.5%.
Is Ryanair Holdings' Price-to-Tangible-Book too high?
Ryanair Holdings' current Price-to-Tangible-Book is 2.59. The Transportation industry median Price-to-Tangible-Book is 1.40. Ryanair Holdings' value of 2.59 is 85% above this industry median. Based on the distribution chart, Ryanair Holdings ranks #674 out of 930 companies in the Transportation industry, which is below the industry midpoint. Overall, Ryanair Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' Price-to-Tangible-Book compare to DAL and UAL?
According to the Transportation industry distribution chart, Ryanair Holdings ranks #674 out of 930 companies for Price-to-Tangible-Book. This places Ryanair Holdings in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.40. Ryanair Holdings' value of 2.59 is 85% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Transportation company?
The median Price-to-Tangible-Book among Transportation companies is 1.40, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryanair Holdings's current Price-to-Tangible-Book of 2.59 is 85% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ryanair Holdings and its competitors. For the Transportation industry, the median Price-to-Tangible-Book is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryanair Holdings's current Price-to-Tangible-Book is 2.59. 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 (CHIX:RYAI) is currently considered Fairly Valued. The stock's GF Value™ is €23.62, compared to a current price of €23.26 — trading 1.5% below its estimated fair value. The current Price-to-Tangible-Book is 2.59 and 85% above the Transportation industry median of 1.40. Ryanair Holdings' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Ryanair Holdings (CHIX:RYAI), the current Price-to-Tangible-Book is 2.59 as of Sep. 07, 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 (CHIX:RYAI) Overvalued in 2026?
Based on GuruFocus' analysis, Ryanair Holdings stock appears to be undervalued.
The current stock price of €23.26 is trading 1.5% below its estimated GF Value™ of €23.62.
GuruFocus considers Ryanair Holdings to be Fairly Valued.
Key valuation signals for CHIX:RYAI:
Price-to-Tangible-Book: 2.59
GF Value™: €23.62 vs. price of €23.26 (1.5% below fair value)
Industry Position: 85% above the Transportation median (#674 of 930)
No single metric tells the full story. See the CHIX:RYAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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