Norwegian Cruise Line Holdings Ltd. NCLH

14.61 0.42 2.96% as of 25 Sep
Market cap
$6.6B
P/E
8.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Norwegian Cruise Line Holdings Ltd. (NCLH) P/B ratio

As of 25 September 2026, Norwegian Cruise Line Holdings Ltd. (NCLH) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 0.0× (June 2023) to 628× (July 2023); the current reading is higher than 47% of that period. That is in line with the Travel Services industry median of 2.6× and above the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 4.5× (42.34%)
FY2024 7.9× (69.60%)
FY2023 25.8× (64.39%)
FY2022 72.6× 2,229.58%
FY2021 3.1× 109.43%
FY2020 1.5× (22.79%)
FY2019 1.9× 21.54%
FY2018 1.6× (27.27%)
FY2017 2.2× 1.78%
FY2016 2.1× (39.02%)

Quarterly

Period P/B ratio Change
Jun 2026 3.8× 7.26%
Mar 2026 3.5× (22.48%)
Dec 2025 4.5× (10.56%)
Sep 2025 5.1× (12.22%)
42 more quarters

Against its own ten years

Low 0.0× High 628×
Ten-year median 2.7×
Current reading's percentile 47

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on NCLH