BENARES HOTELS
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The Current P/B Ratio of BENARES HOTELS is 8.09.
Share Price | ₹8,279.6 | Dec 26,2024 |
Market Cap | ₹1,076.3 Cr | |
Book Value | ₹133.0 Cr | Mar2024 - Standalone Results |
Price/Book | 8.09x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BENARES HOTELS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,076.3 Cr] as on Dec 26,2024
(/) Book Value [ ₹133.0 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 8.09x ]
Thus, for BENARES HOTELS , the investors are currently willing to pay '8.09 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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
BENARES HOTELS | 133.00 | 8.09 | 1,076.3 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 13.07 | 123,618.0 |
EIH LTD | 3,939.55 | 6.56 | 25,852.6 |
CHALET HOTELS LTD | 1,837.90 | 11.60 | 21,315.3 |
LEMON TREE HOTELS LTD | 966.89 | 12.27 | 11,863.9 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 14.49 | 7,239.0 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 389.08 | 13.28 | 5,168.0 |
SAMHI HOTELS LTD | 1,018.67 | 4.30 | 4,378.0 |
EIH ASSOCIATED HOTELS LTD | 462.84 | 5.74 | 2,656.8 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 4.61 | 2,526.6 |
ORIENTAL HOTELS LTD | 618.44 | 5.06 | 3,131.7 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs BENARES HOTELS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.30x |
Max industry PB | 14.49x |
Median industry PB | 8.09x |
Average industry PB | 9.01x |
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