EIH
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The Current P/B Ratio of EIH is 6.00.
Share Price | ₹378.2 | Sep 18,2024 |
Market Cap | ₹23,652.6 Cr | |
Book Value | ₹3,939.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.00x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of EIH
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,652.6 Cr] as on Sep 18,2024
(/) Book Value [ ₹3,939.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.00x ]
Thus, for EIH , the investors are currently willing to pay '6.00 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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
EIH | 3,939.55 | 6.00 | 23,652.6 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 10.26 | 96,978.4 |
CHALET HOTELS LTD | 1,837.90 | 10.21 | 18,762.6 |
LEMON TREE HOTELS LTD | 966.89 | 10.63 | 10,275.4 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 16.62 | 8,306.2 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 389.08 | 14.94 | 5,814.7 |
SAMHI HOTELS LTD | 1,018.67 | 4.51 | 4,592.5 |
EIH ASSOCIATED HOTELS LTD | 462.84 | 5.20 | 2,405.5 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 3.58 | 1,960.4 |
ORIENTAL HOTELS LTD | 618.44 | 4.87 | 3,013.9 |
HLV LTD | 349.57 | 3.67 | 1,282.3 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs EIH 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.58x |
Max industry PB | 16.62x |
Median industry PB | 6.00x |
Average industry PB | 8.23x |
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