Norwegian Cruise Line (NCLH)

P/B ratio as of February 2026 : 4.53

According to Norwegian Cruise Line 's latest financial reports the company has a price-to-book ratio of 1.02441.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Norwegian Cruise Line - P/B ratio (from 2013 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	4.73	-40.47%
2024-12-31	7.94	-71.97%
2023-12-31	28.3	-62.31%
2022-12-31	75.2	2015.69%
2021-12-31	3.55	92.81%
2020-12-31	1.84	-3.49%
2019-12-31	1.91	23.46%
2018-12-31	1.55	-26.87%
2017-12-31	2.12	-0.63%
2016-12-31	2.13	-39.7%
2015-12-31	3.53	16.73%
2014-12-31	3.02	9.38%
2013-12-31	2.77
2012-12-31	N/A
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Royal Caribbean Group RCL	8.54	88.67%	🇺🇸 USA
Carnival Corporation CCL	3.46	-23.63%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Norwegian Cruise Line (NCLH) - P/B ratio