BENARES HOTELS
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The Current P/E Ratio of BENARES HOTELS is 29.17.
Share Price | ₹8,198.9 | Dec 11,2024 |
Market Cap | ₹1,065.9 Cr | |
Earnings-TTM | ₹36.5 Cr | TTM-Standalone Results |
Price/Earnings | 29.17x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BENARES HOTELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,065.9 Cr] as on Dec 11,2024
(/) Earnings [ ₹36.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.17x ]
Thus, for BENARES HOTELS , the investors are currently willing to pay 29.17 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 BENARES HOTELS !
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 BENARES HOTELS over the last five years.
Historical PE (Price/Earnings) ratio chart of BENARES HOTELS
PE Ratio Performance Analysis for BENARES HOTELS
- BENARES HOTELS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.43x.
- BENARES HOTELS 's operated at median p/e ratio of 18.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BENARES HOTELS 's p/e ratio peaked in Mar2022 at 46.91x.
- BENARES HOTELS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does BENARES HOTELS '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 |
---|---|---|---|
BENARES HOTELS | 36.54 | 29.17 | 1,065.9 |
THE INDIAN HOTELS COMPANY LTD | 1,638.50 | 72.69 | 119,106.0 |
EIH LTD | 667.29 | 40.00 | 26,690.5 |
CHALET HOTELS LTD | 75.22 | 269.41 | 20,264.6 |
LEMON TREE HOTELS LTD | 182.48 | 61.97 | 11,309.3 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 112.86 | 67.78 | 7,649.0 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 69.89 | 81.13 | 5,669.8 |
SAMHI HOTELS LTD | -46.28 | -93.98 | 4,349.3 |
EIH ASSOCIATED HOTELS LTD | 80.35 | 31.60 | 2,539.2 |
TAJ GVK HOTELS & RESORTS LTD | 82.42 | 28.92 | 2,383.3 |
ORIENTAL HOTELS LTD | 43.39 | 80.96 | 3,513.1 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs BENARES HOTELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -93.98x |
Max industry PE | 269.41x |
Median industry PE | 61.97x |
Average industry PE | 60.88x |
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