Norwegian Cruise Line Holdings (NCLH) Price to Book (2013 - 2026)
Norwegian Cruise Line Holdings' (NCLH) Price to Book was 3.77 for Q2 2026, down 34.7% from 5.77 a year earlier but up 6.7% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Price to Book (2013 - 2026) Analysis & Trends
For FY2025, Price to Book at Norwegian Cruise Line Holdings was 4.60, down 42.1% from FY2024.
- Price to Book has declined for three consecutive years.
- By year, Price to Book came in at 7.94 in FY2024 (-72.0%), 28.35 in FY2023 (-62.3%), 75.20 in FY2022 and 3.55 in FY2021 (+138.9%).
- Five-year quarterly Price to Book spans a low of 3.43 in Q3 2021 and a high of 608.08 in Q2 2023.
- Year over year, Price to Book has now declined in each of the last nine quarters, with an average decline of 50.4% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q3 2022 (growth of 249.3%); the low point was Q2 2024 (a decline of 98.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.53 (Q1 2026), 4.60 (Q4 2025) and 5.11 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - |
| 10 | Norwegian Cruise Line Holdings | 6.95 Bn | 6.17 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77 |
| Mar 31, 2026 | 3.53 |
| Dec 31, 2025 | 4.60 |
| Sep 30, 2025 | 5.11 |
| Jun 30, 2025 | 5.77 |
| Mar 31, 2025 | 5.94 |
| Dec 31, 2024 | 7.94 |
| Sep 30, 2024 | 7.94 |
| Jun 30, 2024 | 11.92 |
| Mar 31, 2024 | 24.80 |
| Dec 31, 2023 | 28.35 |
| Sep 30, 2023 | 15.98 |
| Jun 30, 2023 | 608.08 |
| Dec 31, 2022 | 75.20 |
| Sep 30, 2022 | 11.97 |
| Jun 30, 2022 | 5.17 |
| Mar 31, 2022 | 6.08 |
| Dec 31, 2021 | 3.55 |
| Sep 30, 2021 | 3.43 |
| Jun 30, 2021 | 2.93 |
API Access
Norwegian Cruise Line Holdings Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();