EIH ASSOCIATED HOTELS
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The Current P/B Ratio of EIH ASSOCIATED HOTELS is 5.04.
Share Price | ₹383.4 | Nov 22,2024 |
Market Cap | ₹2,334.9 Cr | |
Book Value | ₹462.8 Cr | Mar2024 - Standalone Results |
Price/Book | 5.04x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of EIH ASSOCIATED HOTELS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,334.9 Cr] as on Nov 22,2024
(/) Book Value [ ₹462.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 5.04x ]
Thus, for EIH ASSOCIATED HOTELS , the investors are currently willing to pay '5.04 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 EIH ASSOCIATED HOTELS !
The chart below summarizes the trend in P/B Ratio of EIH ASSOCIATED HOTELS over the last five years.
Historical PB (Price/Book ) ratio chart of EIH ASSOCIATED HOTELS
PB Ratio Performance Analysis for EIH ASSOCIATED HOTELS
- EIH ASSOCIATED HOTELS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.25x.
- EIH ASSOCIATED HOTELS 's operated at median p/b ratio of 3.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EIH ASSOCIATED HOTELS 's p/b ratio peaked in Mar2024 at 4.98x.
- EIH ASSOCIATED HOTELS 's p/b ratio hit its five-year low in Mar2020 of 1.85x.
How does EIH ASSOCIATED 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 |
---|---|---|---|
EIH ASSOCIATED HOTELS | 462.84 | 5.04 | 2,334.9 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 12.03 | 113,775.0 |
EIH LTD | 3,939.55 | 5.82 | 22,929.0 |
CHALET HOTELS LTD | 1,837.90 | 9.99 | 18,363.2 |
LEMON TREE HOTELS LTD | 966.89 | 10.23 | 9,887.2 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 14.19 | 7,092.3 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 389.08 | 12.79 | 4,976.8 |
SAMHI HOTELS LTD | 1,018.67 | 3.96 | 4,034.7 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 3.79 | 2,073.5 |
ORIENTAL HOTELS LTD | 618.44 | 5.42 | 3,354.1 |
HLV LTD | 443.43 | 2.52 | 1,119.4 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs EIH ASSOCIATED HOTELS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.52x |
Max industry PB | 14.19x |
Median industry PB | 5.82x |
Average industry PB | 7.80x |
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