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THE BYKE HOSPITALITY
PS (Price/Sales) Ratio

The Current P/S Ratio of THE BYKE HOSPITALITY is 4.25.

Share Price ₹71.3Nov 21,2024
Market Cap ₹373.0 Cr
Sales-TTM₹87.8 CrTTM-Standalone Results
Price/Sales4.25xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of THE BYKE HOSPITALITY

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

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

Current Market Cap [ ₹373.0 Cr] as on Nov 21,2024

(/) Sales [ ₹87.8 Cr] based on TTM-Standalone Results

(=) P/S Ratio [ 4.25x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for THE BYKE HOSPITALITY , the investors are currently willing to pay '4.25 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of THE BYKE HOSPITALITY !

The chart below summarizes the trend in P/S Ratio of THE BYKE HOSPITALITY over the last five years.

Historical PS (Price/Sales) ratio chart of THE BYKE HOSPITALITY


PS Ratio Performance Analysis for THE BYKE HOSPITALITY

- THE BYKE HOSPITALITY 's latest p/e ratio is 4.25x.

- THE BYKE HOSPITALITY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.43x.

- THE BYKE HOSPITALITY 's operated at median p/e ratio of 1.13x 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 Mar2024 at 3.04x.

- THE BYKE HOSPITALITY 's p/e ratio hit its five-year low in Mar2020 of 0.29x.


How does THE BYKE HOSPITALITY 's P/S Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?

Peer Comparison (Hotel, Resort & Restaurants Industry)Sales (Cr)PS RatioMarket Cap (Cr)
THE BYKE HOSPITALITY 87.84.25373.0
THE INDIAN HOTELS COMPANY LTD7,245.515.46112,003.0
EIH LTD2,598.18.5622,231.7
CHALET HOTELS LTD1,530.012.0118,375.2
LEMON TREE HOTELS LTD1,168.48.359,760.5
MAHINDRA HOLIDAYS & RESORTS INDIA LTD2,758.62.557,047.9
INDIA TOURISM DEVELOPMENT CORPORATION LTD521.49.194,793.2
SAMHI HOTELS LTD1,062.43.774,008.3
EIH ASSOCIATED HOTELS LTD394.55.902,326.9
TAJ GVK HOTELS & RESORTS LTD425.04.992,119.9
ORIENTAL HOTELS LTD394.88.193,232.7

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

Top 10 Industry PeersPS Ratio
Min industry PS 2.55x
Max industry PS 15.46x
Median industry PS 8.19x
Average industry PS 7.57x



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