INDIA TOURISM DEVELOPMENT CORPORATION
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The Current P/B Ratio of INDIA TOURISM DEVELOPMENT CORPORATION is 12.32.
Share Price | ₹558.9 | Nov 21,2024 |
Market Cap | ₹4,794.9 Cr | |
Book Value | ₹389.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 12.32x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDIA TOURISM DEVELOPMENT CORPORATION
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,794.9 Cr] as on Nov 21,2024
(/) Book Value [ ₹389.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 12.32x ]
Thus, for INDIA TOURISM DEVELOPMENT CORPORATION , the investors are currently willing to pay '12.32 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 INDIA TOURISM DEVELOPMENT CORPORATION !
The chart below summarizes the trend in P/B Ratio of INDIA TOURISM DEVELOPMENT CORPORATION over the last five years.
Historical PB (Price/Book ) ratio chart of INDIA TOURISM DEVELOPMENT CORPORATION
PB Ratio Performance Analysis for INDIA TOURISM DEVELOPMENT CORPORATION
- INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.62x.
- INDIA TOURISM DEVELOPMENT CORPORATION 's operated at median p/b ratio of 11.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio peaked in Mar2024 at 13.92x.
- INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 3.48x.
How does INDIA TOURISM DEVELOPMENT CORPORATION '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 |
---|---|---|---|
INDIA TOURISM DEVELOPMENT CORPORATION | 389.08 | 12.32 | 4,794.9 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 11.84 | 112,003.0 |
EIH LTD | 3,939.55 | 5.64 | 22,231.7 |
CHALET HOTELS LTD | 1,837.90 | 10.00 | 18,375.2 |
LEMON TREE HOTELS LTD | 966.89 | 10.09 | 9,760.5 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 14.10 | 7,047.9 |
SAMHI HOTELS LTD | 1,018.67 | 3.93 | 4,008.3 |
EIH ASSOCIATED HOTELS LTD | 462.84 | 5.03 | 2,326.9 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 3.87 | 2,119.9 |
ORIENTAL HOTELS LTD | 618.44 | 5.23 | 3,232.7 |
HLV LTD | 443.43 | 2.52 | 1,116.1 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs INDIA TOURISM DEVELOPMENT CORPORATION 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.52x |
Max industry PB | 14.10x |
Median industry PB | 5.64x |
Average industry PB | 7.69x |
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