CHL
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The Current P/B Ratio of CHL is -1.94.
Share Price | ₹43.0 | Apr 24,2024 |
Market Cap | ₹235.6 Cr | |
Book Value | ₹-121.6 Cr | Mar2023 - Consolidated Results |
Price/Book | -1.94x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CHL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
CHL | -121.59 | -1.94 | 235.6 |
THE INDIAN HOTELS COMPANY LTD | 10,128.70 | 8.55 | 86,580.3 |
EIH LTD | 3,374.57 | 8.42 | 28,413.4 |
CHALET HOTELS LTD | 1,531.67 | 12.61 | 19,313.9 |
LEMON TREE HOTELS LTD | 853.73 | 12.68 | 10,826.0 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 363.60 | 23.32 | 8,480.0 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 341.86 | 17.02 | 5,819.9 |
SAMHI HOTELS LTD | -810.25 | -5.26 | 4,262.6 |
EIH ASSOCIATED HOTELS LTD | 396.59 | 5.77 | 2,288.9 |
TAJ GVK HOTELS & RESORTS LTD | 461.32 | 5.07 | 2,340.7 |
ORIENTAL HOTELS LTD | 618.43 | 3.87 | 2,392.3 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs CHL 's P/B Ratio
Top 10 Industry Peers | PB 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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