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EIH
PB (Price/Book ) Ratio

The Current P/B Ratio of EIH is 5.32.

Share Price ₹335.4Feb 14,2025
Market Cap ₹20,972.8 Cr
Book Value₹3,939.6 CrMar2024 - Consolidated Results
Price/Book 5.32xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of EIH

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 EIH is calculated as :

Current Market Cap [ ₹20,972.8 Cr] as on Feb 14,2025

(/) Book Value [ ₹3,939.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 5.32x ]

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

Thus, for EIH , the investors are currently willing to pay '5.32 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 !

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

Historical PB (Price/Book ) ratio chart of EIH


PB Ratio Performance Analysis for EIH

- EIH 's latest p/b ratio is 5.32x.

- EIH 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.29x.

- EIH 's operated at median p/b ratio of 3.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIH 's p/b ratio peaked in Mar2024 at 7.12x.

- EIH 's p/b ratio hit its five-year low in Mar2020 of 1.2x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
EIH 3,939.555.3220,972.8
THE INDIAN HOTELS COMPANY LTD9,456.6510.68101,042.0
CHALET HOTELS LTD1,837.908.2615,176.1
LEMON TREE HOTELS LTD966.8910.6510,299.2
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7313.076,530.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0811.194,353.7
SAMHI HOTELS LTD1,018.673.253,315.1
EIH ASSOCIATED HOTELS LTD462.844.702,174.2
TAJ GVK HOTELS & RESORTS LTD547.754.382,399.9
ORIENTAL HOTELS LTD618.443.892,403.9
HLV LTD443.432.05907.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.05x
Max industry PB 13.07x
Median industry PB 5.32x
Average industry PB 7.04x



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