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CHL
PB (Price/Book ) Ratio

The Current P/B Ratio of CHL is -1.94.

Share Price ₹43.0Apr 24,2024
Market Cap ₹235.6 Cr
Book Value₹-121.6 CrMar2023 - Consolidated Results
Price/Book -1.94xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of CHL

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 CHL is calculated as :

Current Market Cap [ ₹235.6 Cr] as on Apr 24,2024

(/) Book Value [ ₹-121.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -1.94x ]

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

Thus, for CHL , the investors are currently willing to pay '-1.94 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 CHL !

The chart below summarizes the trend in P/B Ratio of CHL over the last five years.

Historical PB (Price/Book ) ratio chart of CHL


PB Ratio Performance Analysis for CHL

- CHL 's latest p/b ratio is -1.94x.

- CHL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.40x.

- CHL 's operated at median p/b ratio of -0.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHL 's p/b ratio peaked in Mar2019 at 6.26x.

- CHL 's p/b ratio hit its five-year low in Mar2020 of -1.61x.


How does CHL 's P/B Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
CHL -121.59-1.94235.6
THE INDIAN HOTELS COMPANY LTD10,128.708.5586,580.3
EIH LTD3,374.578.4228,413.4
CHALET HOTELS LTD1,531.6712.6119,313.9
LEMON TREE HOTELS LTD853.7312.6810,826.0
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6023.328,480.0
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8617.025,819.9
SAMHI HOTELS LTD-810.25-5.264,262.6
EIH ASSOCIATED HOTELS LTD396.595.772,288.9
TAJ GVK HOTELS & RESORTS LTD461.325.072,340.7
ORIENTAL HOTELS LTD618.433.872,392.3

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

Top 10 Industry PeersPB Ratio
Min industry PB -5.26x
Max industry PB 23.32x
Median industry PB 8.42x
Average industry PB 8.19x



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