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BENARES HOTELS
PB (Price/Book ) Ratio

The Current P/B Ratio of BENARES HOTELS is 8.94.

Share Price ₹9,145.9Oct 17,2024
Market Cap ₹1,189.0 Cr
Book Value₹133.0 CrMar2024 - Standalone Results
Price/Book 8.94xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BENARES HOTELS

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of BENARES HOTELS is calculated as :

Current Market Cap [ ₹1,189.0 Cr] as on Oct 17,2024

(/) Book Value [ ₹133.0 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 8.94x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for BENARES HOTELS , the investors are currently willing to pay '8.94 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BENARES HOTELS !

The chart below summarizes the trend in P/B Ratio of BENARES HOTELS over the last five years.

Historical PB (Price/Book ) ratio chart of BENARES HOTELS


PB Ratio Performance Analysis for BENARES HOTELS

- BENARES HOTELS 's latest p/b ratio is 8.94x.

- BENARES HOTELS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.12x.

- BENARES HOTELS 's operated at median p/b ratio of 3.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BENARES HOTELS 's p/b ratio peaked in Mar2024 at 8.49x.

- BENARES HOTELS 's p/b ratio hit its five-year low in Mar2020 of 2.15x.


How does BENARES HOTELS 's P/B Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
BENARES HOTELS 133.008.941,189.0
THE INDIAN HOTELS COMPANY LTD9,456.6510.3497,740.0
EIH LTD3,939.556.5025,589.9
CHALET HOTELS LTD1,837.9010.2418,821.5
LEMON TREE HOTELS LTD966.8910.319,966.5
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7315.467,723.5
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0814.555,659.5
SAMHI HOTELS LTD1,018.674.264,335.0
EIH ASSOCIATED HOTELS LTD462.845.092,357.6
TAJ GVK HOTELS & RESORTS LTD547.753.441,882.3
ORIENTAL HOTELS LTD618.444.883,021.0

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs BENARES HOTELS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.44x
Max industry PB 15.46x
Median industry PB 8.94x
Average industry PB 8.54x



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