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EIH
PB (Price/Book ) Ratio

The Current P/B Ratio of EIH is 3.81.

Share Price ₹320.6Jul 23,2026
Market Cap ₹20,047.2 Cr
Book Value₹5,262.3 CrMar2026 - Consolidated Results
Price/Book 3.81xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of EIH

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 EIH is calculated as :

Current Market Cap [ ₹20,047.2 Cr] as on Jul 23,2026

(/) Book Value [ ₹5,262.3 Cr] based on Mar2026 - Consolidated Results

(=) P/B Ratio [ 3.81x ]

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

Thus, for EIH , the investors are currently willing to pay '3.81 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 EIH !

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

Historical PB (Price/Book ) ratio chart of EIH


PB Ratio Performance Analysis for EIH

- EIH 's latest p/b ratio is 3.81x.

- EIH 's p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged 4.28x.

- EIH 's operated at median p/b ratio of 3.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIH 's p/b ratio peaked in Mar2024 at 7.12x.

- EIH 's p/b ratio hit its five-year low in Mar2023 of 3.07x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
EIH 5,262.283.8120,047.2
THE INDIAN HOTELS COMPANY LTD13,052.307.90103,106.0
CHALET HOTELS LTD3,697.794.8517,937.8
VENTIVE HOSPITALITY LTD76.85186.1914,309.1
LEELA PALACES HOTELS & RESORTS LTD6,452.622.4615,901.4
LEMON TREE HOTELS LTD2,079.184.208,738.5
MAHINDRA HOLIDAYS & RESORTS INDIA LTD771.035.714,399.8
INDIA TOURISM DEVELOPMENT CORPORATION LTD363.7817.716,441.3
JUNIPER HOTELS LTD2,868.431.514,336.6
SAMHI HOTELS LTD2,182.181.723,759.6
APEEJAY SURRENDRA PARK HOTELS LTD1,342.321.962,632.0

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.51x
Max industry PB 186.19x
Median industry PB 4.20x
Average industry PB 21.64x



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