Home > PB Ratio > HLV

HLV
PB (Price/Book ) Ratio

The Current P/B Ratio of HLV is 2.86.

Share Price ₹19.3Nov 29,2024
Market Cap ₹1,269.8 Cr
Book Value₹443.4 CrMar2024 - Standalone Results
Price/Book 2.86xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for HLV
Please provide your vote to see the results
HLV is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of HLV

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 HLV is calculated as :

Current Market Cap [ ₹1,269.8 Cr] as on Nov 29,2024

(/) Book Value [ ₹443.4 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.86x ]

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

Thus, for HLV , the investors are currently willing to pay '2.86 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 HLV !

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

Historical PB (Price/Book ) ratio chart of HLV


PB Ratio Performance Analysis for HLV

- HLV 's latest p/b ratio is 2.86x.

- HLV 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.62x.

- HLV 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HLV 's p/b ratio peaked in Mar2024 at 3.88x.

- HLV 's p/b ratio hit its five-year low in Mar2020 of 0.44x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
HLV 443.432.861,269.8
THE INDIAN HOTELS COMPANY LTD9,456.6511.95112,964.0
EIH LTD3,939.556.0223,723.2
CHALET HOTELS LTD1,837.9010.5819,447.7
LEMON TREE HOTELS LTD966.8910.7010,346.7
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7314.937,460.9
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0814.155,505.5
SAMHI HOTELS LTD1,018.673.954,028.1
EIH ASSOCIATED HOTELS LTD462.845.332,465.8
TAJ GVK HOTELS & RESORTS LTD547.753.962,168.8
ORIENTAL HOTELS LTD618.445.273,258.5

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.86x
Max industry PB 14.93x
Median industry PB 6.02x
Average industry PB 8.15x



You may also like the below Video Courses