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EIH
PB (Price/Book ) Ratio

The Current P/B Ratio of EIH is 6.00.

Share Price ₹378.2Sep 18,2024
Market Cap ₹23,652.6 Cr
Book Value₹3,939.6 CrMar2024 - Consolidated Results
Price/Book 6.00xCalculated 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 [ ₹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 ]

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 '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 latest p/b ratio is 6.00x.

- 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 3,939.556.0023,652.6
THE INDIAN HOTELS COMPANY LTD9,456.6510.2696,978.4
CHALET HOTELS LTD1,837.9010.2118,762.6
LEMON TREE HOTELS LTD966.8910.6310,275.4
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7316.628,306.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0814.945,814.7
SAMHI HOTELS LTD1,018.674.514,592.5
EIH ASSOCIATED HOTELS LTD462.845.202,405.5
TAJ GVK HOTELS & RESORTS LTD547.753.581,960.4
ORIENTAL HOTELS LTD618.444.873,013.9
HLV LTD349.573.671,282.3

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

Top 10 Industry PeersPB 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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