ASIAN HOTELS (EAST)
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The Current P/E Ratio of ASIAN HOTELS (EAST) is 12.35.
Share Price | ₹169.0 | Dec 26,2024 |
Market Cap | ₹292.3 Cr | |
Earnings-TTM | ₹23.7 Cr | TTM-Consolidated Results |
Price/Earnings | 12.35x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ASIAN HOTELS (EAST)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹292.3 Cr] as on Dec 26,2024
(/) Earnings [ ₹23.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.35x ]
Thus, for ASIAN HOTELS (EAST) , the investors are currently willing to pay 12.35 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ASIAN HOTELS (EAST) !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ASIAN HOTELS (EAST) over the last five years.
Historical PE (Price/Earnings) ratio chart of ASIAN HOTELS (EAST)
PE Ratio Performance Analysis for ASIAN HOTELS (EAST)
- ASIAN HOTELS (EAST) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.96x.
- ASIAN HOTELS (EAST) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN HOTELS (EAST) 's p/e ratio peaked in Mar2024 at 7.42x.
- ASIAN HOTELS (EAST) 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ASIAN HOTELS (EAST) 's P/E Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?
Peer Comparison (Hotel, Resort & Restaurants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASIAN HOTELS (EAST) | 23.66 | 12.35 | 292.3 |
THE INDIAN HOTELS COMPANY LTD | 1,638.50 | 75.45 | 123,618.0 |
EIH LTD | 667.29 | 38.74 | 25,852.6 |
CHALET HOTELS LTD | 75.22 | 283.38 | 21,315.3 |
LEMON TREE HOTELS LTD | 182.48 | 65.01 | 11,863.9 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 112.86 | 64.14 | 7,239.0 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 69.89 | 73.95 | 5,168.0 |
SAMHI HOTELS LTD | -46.28 | -94.60 | 4,378.0 |
EIH ASSOCIATED HOTELS LTD | 80.35 | 33.07 | 2,656.8 |
TAJ GVK HOTELS & RESORTS LTD | 82.42 | 30.65 | 2,526.6 |
ORIENTAL HOTELS LTD | 43.39 | 72.18 | 3,131.7 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs ASIAN HOTELS (EAST) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -94.60x |
Max industry PE | 283.38x |
Median industry PE | 64.14x |
Average industry PE | 59.48x |
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