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THE BYKE HOSPITALITY
PB (Price/Book ) Ratio

The Current P/B Ratio of THE BYKE HOSPITALITY is 2.56.

Share Price ₹96.0Jan 02,2025
Market Cap ₹502.1 Cr
Book Value₹195.8 CrMar2024 - Standalone Results
Price/Book 2.56xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THE BYKE HOSPITALITY

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 THE BYKE HOSPITALITY is calculated as :

Current Market Cap [ ₹502.1 Cr] as on Jan 02,2025

(/) Book Value [ ₹195.8 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 2.56x ]

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

Thus, for THE BYKE HOSPITALITY , the investors are currently willing to pay '2.56 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 THE BYKE HOSPITALITY !

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

Historical PB (Price/Book ) ratio chart of THE BYKE HOSPITALITY


PB Ratio Performance Analysis for THE BYKE HOSPITALITY

- THE BYKE HOSPITALITY 's latest p/b ratio is 2.56x.

- THE BYKE HOSPITALITY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.73x.

- THE BYKE HOSPITALITY 's operated at median p/b ratio of 0.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE BYKE HOSPITALITY 's p/b ratio peaked in Mar2024 at 1.3x.

- THE BYKE HOSPITALITY 's p/b ratio hit its five-year low in Mar2020 of 0.19x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
THE BYKE HOSPITALITY 195.752.56502.1
THE INDIAN HOTELS COMPANY LTD9,456.6513.23125,127.0
EIH LTD3,939.556.8226,878.2
CHALET HOTELS LTD1,837.9011.9922,038.3
LEMON TREE HOTELS LTD966.8912.9612,533.3
MAHINDRA HOLIDAYS & RESORTS INDIA LTD499.7315.327,656.1
INDIA TOURISM DEVELOPMENT CORPORATION LTD389.0813.845,383.3
SAMHI HOTELS LTD1,018.674.424,505.6
EIH ASSOCIATED HOTELS LTD462.845.772,672.7
TAJ GVK HOTELS & RESORTS LTD547.755.002,737.9
ORIENTAL HOTELS LTD618.445.253,245.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.56x
Max industry PB 15.32x
Median industry PB 6.82x
Average industry PB 8.83x



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