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THE BYKE HOSPITALITY
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE BYKE HOSPITALITY is 61.77.

Share Price ₹71.3Nov 19,2024
Market Cap ₹372.9 Cr
Earnings-TTM₹6.0 CrTTM-Standalone Results
Price/Earnings61.77xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE BYKE HOSPITALITY

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of THE BYKE HOSPITALITY is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 61.77x.

- 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 RatioMarket Cap
THE BYKE HOSPITALITY 6.0461.77372.9
THE INDIAN HOTELS COMPANY LTD1,638.5065.45107,241.0
EIH LTD667.2933.4622,328.6
CHALET HOTELS LTD75.22243.8118,339.2
LEMON TREE HOTELS LTD182.4852.799,633.7
MAHINDRA HOLIDAYS & RESORTS INDIA LTD112.8663.647,182.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD69.8970.424,921.5
SAMHI HOTELS LTD-46.28-89.134,124.9
EIH ASSOCIATED HOTELS LTD80.3528.562,295.2
TAJ GVK HOTELS & RESORTS LTD82.4224.462,016.2
ORIENTAL HOTELS LTD43.3972.963,165.7

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

Top 10 Industry PeersPE 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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