Home > PB Ratio > ADVANI HOTELS & RESORTS (INDIA)

ADVANI HOTELS & RESORTS (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of ADVANI HOTELS & RESORTS (INDIA) is 11.81.

Share Price ₹80.1Apr 18,2024
Market Cap ₹740.5 Cr
Book Value₹62.7 CrMar2023 - Standalone Results
Price/Book 11.81xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for ADVANI HOTELS & RESORTS (INDIA)
Please provide your vote to see the results
ADVANI HOTELS & RESORTS (INDIA) is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of ADVANI HOTELS & RESORTS (INDIA)

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

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ADVANI HOTELS & RESORTS (INDIA) is calculated as :

Current Market Cap [ ₹740.5 Cr] as on Apr 18,2024

(/) Book Value [ ₹62.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 11.81x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ADVANI HOTELS & RESORTS (INDIA) , the investors are currently willing to pay '11.81 times book value' to own 1 share of the company.

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

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of ADVANI HOTELS & RESORTS (INDIA) !

The chart below summarizes the trend in P/B Ratio of ADVANI HOTELS & RESORTS (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of ADVANI HOTELS & RESORTS (INDIA)


PB Ratio Performance Analysis for ADVANI HOTELS & RESORTS (INDIA)

- ADVANI HOTELS & RESORTS (INDIA) 's latest p/b ratio is 11.81x.

- ADVANI HOTELS & RESORTS (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.73x.

- ADVANI HOTELS & RESORTS (INDIA) 's operated at median p/b ratio of 5.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADVANI HOTELS & RESORTS (INDIA) 's p/b ratio peaked in Mar2022 at 8.46x.

- ADVANI HOTELS & RESORTS (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 2.95x.


How does ADVANI HOTELS & RESORTS (INDIA) 's P/B Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
ADVANI HOTELS & RESORTS (INDIA) 62.7311.81740.5
THE INDIAN HOTELS COMPANY LTD7,981.9610.5984,509.2
EIH LTD3,374.578.4028,360.3
CHALET HOTELS LTD1,531.6712.0418,443.7
LEMON TREE HOTELS LTD853.7312.4710,647.8
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6021.977,988.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8615.545,312.6
SAMHI HOTELS LTD-810.25-5.214,225.2
EIH ASSOCIATED HOTELS LTD396.595.712,263.3
TAJ GVK HOTELS & RESORTS LTD461.324.942,278.0
ORIENTAL HOTELS LTD618.433.882,397.7

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs ADVANI HOTELS & RESORTS (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -5.21x
Max industry PB 21.97x
Median industry PB 10.59x
Average industry PB 9.28x



You may also like the below Video Courses