THE BYKE HOSPITALITY
|
The Current P/B Ratio of THE BYKE HOSPITALITY is 2.56.
Share Price | ₹96.0 | Jan 02,2025 |
Market Cap | ₹502.1 Cr | |
Book Value | ₹195.8 Cr | Mar2024 - Standalone Results |
Price/Book | 2.56x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of THE BYKE HOSPITALITY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
THE BYKE HOSPITALITY | 195.75 | 2.56 | 502.1 |
THE INDIAN HOTELS COMPANY LTD | 9,456.65 | 13.23 | 125,127.0 |
EIH LTD | 3,939.55 | 6.82 | 26,878.2 |
CHALET HOTELS LTD | 1,837.90 | 11.99 | 22,038.3 |
LEMON TREE HOTELS LTD | 966.89 | 12.96 | 12,533.3 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 499.73 | 15.32 | 7,656.1 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 389.08 | 13.84 | 5,383.3 |
SAMHI HOTELS LTD | 1,018.67 | 4.42 | 4,505.6 |
EIH ASSOCIATED HOTELS LTD | 462.84 | 5.77 | 2,672.7 |
TAJ GVK HOTELS & RESORTS LTD | 547.75 | 5.00 | 2,737.9 |
ORIENTAL HOTELS LTD | 618.44 | 5.25 | 3,245.2 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs THE BYKE HOSPITALITY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.56x |
Max industry PB | 15.32x |
Median industry PB | 6.82x |
Average industry PB | 8.83x |
You may also like the below Video Courses