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HLV
PB (Price/Book ) Ratio

The Current P/B Ratio of HLV is 2.85.

Share Price ₹19.2Dec 04,2024
Market Cap ₹1,263.9 Cr
Book Value₹443.4 CrMar2024 - Standalone Results
Price/Book 2.85xCalculated as MarketCap/Book Value
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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 [ ₹1,263.9 Cr] as on Dec 04,2024

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

(=) P/B Ratio [ 2.85x ]

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 '2.85 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 2.85x.

- 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 443.432.851,263.9
THE INDIAN HOTELS COMPANY LTD9,456.6512.20115,355.0
EIH LTD3,939.556.3024,805.1
CHALET HOTELS LTD1,837.9010.6119,493.6
LEMON TREE HOTELS LTD966.8910.8910,529.0
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7315.687,834.6
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0814.535,651.4
SAMHI HOTELS LTD1,018.674.214,285.5
EIH ASSOCIATED HOTELS LTD462.845.312,455.4
TAJ GVK HOTELS & RESORTS LTD547.754.172,283.6
ORIENTAL HOTELS LTD618.445.693,522.0

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.85x
Max industry PB 15.68x
Median industry PB 6.30x
Average industry PB 8.40x



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