HLV
|
The Current P/B Ratio of HLV is 2.86.
Share Price | ₹19.3 | Nov 29,2024 |
Market Cap | ₹1,269.8 Cr | |
Book Value | ₹443.4 Cr | Mar2024 - Standalone Results |
Price/Book | 2.86x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HLV
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HLV | 443.43 | 2.86 | 1,269.8 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 11.95 | 112,964.0 |
EIH LTD | 3,939.55 | 6.02 | 23,723.2 |
CHALET HOTELS LTD | 1,837.90 | 10.58 | 19,447.7 |
LEMON TREE HOTELS LTD | 966.89 | 10.70 | 10,346.7 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 14.93 | 7,460.9 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 389.08 | 14.15 | 5,505.5 |
SAMHI HOTELS LTD | 1,018.67 | 3.95 | 4,028.1 |
EIH ASSOCIATED HOTELS LTD | 462.84 | 5.33 | 2,465.8 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 3.96 | 2,168.8 |
ORIENTAL HOTELS LTD | 618.44 | 5.27 | 3,258.5 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs HLV 's P/B Ratio
Top 10 Industry Peers | PB 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