THE BYKE HOSPITALITY
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The Current P/E Ratio of THE BYKE HOSPITALITY is 61.77.
Share Price | ₹71.3 | Nov 19,2024 |
Market Cap | ₹372.9 Cr | |
Earnings-TTM | ₹6.0 Cr | TTM-Standalone Results |
Price/Earnings | 61.77x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THE BYKE HOSPITALITY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹372.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹6.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 61.77x ]
Thus, for THE BYKE HOSPITALITY , the investors are currently willing to pay 61.77 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 THE BYKE HOSPITALITY !
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 THE BYKE HOSPITALITY over the last five years.
Historical PE (Price/Earnings) ratio chart of THE BYKE HOSPITALITY
PE Ratio Performance Analysis for THE BYKE HOSPITALITY
- THE BYKE HOSPITALITY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.06x.
- THE BYKE HOSPITALITY 's operated at median p/e ratio of 8.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE BYKE HOSPITALITY 's p/e ratio peaked in Mar2023 at 56.6x.
- THE BYKE HOSPITALITY 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does THE BYKE HOSPITALITY '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 |
---|---|---|---|
THE BYKE HOSPITALITY | 6.04 | 61.77 | 372.9 |
THE INDIAN HOTELS COMPANY LTD | 1,638.50 | 65.45 | 107,241.0 |
EIH LTD | 667.29 | 33.46 | 22,328.6 |
CHALET HOTELS LTD | 75.22 | 243.81 | 18,339.2 |
LEMON TREE HOTELS LTD | 182.48 | 52.79 | 9,633.7 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 112.86 | 63.64 | 7,182.2 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 69.89 | 70.42 | 4,921.5 |
SAMHI HOTELS LTD | -46.28 | -89.13 | 4,124.9 |
EIH ASSOCIATED HOTELS LTD | 80.35 | 28.56 | 2,295.2 |
TAJ GVK HOTELS & RESORTS LTD | 82.42 | 24.46 | 2,016.2 |
ORIENTAL HOTELS LTD | 43.39 | 72.96 | 3,165.7 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs THE BYKE HOSPITALITY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -89.13x |
Max industry PE | 243.81x |
Median industry PE | 61.77x |
Average industry PE | 57.11x |
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