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HLV
PB (Price/Book ) Ratio

The Current P/B Ratio of HLV is 4.37.

Share Price ₹27.8Apr 19,2024
Market Cap ₹1,830.9 Cr
Book Value₹418.8 CrMar2023 - Standalone Results
Price/Book 4.37xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HLV

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 HLV is calculated as :

Current Market Cap [ ₹1,830.9 Cr] as on Apr 19,2024

(/) Book Value [ ₹418.8 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 4.37x ]

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

Thus, for HLV , the investors are currently willing to pay '4.37 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 HLV !

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

Historical PB (Price/Book ) ratio chart of HLV


PB Ratio Performance Analysis for HLV

- HLV 's latest p/b ratio is 4.37x.

- HLV 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.37x.

- HLV 's operated at median p/b ratio of 1.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HLV 's p/b ratio peaked in Mar2019 at 2.62x.

- HLV 's p/b ratio hit its five-year low in Mar2020 of 0.44x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
HLV 418.804.371,830.9
THE INDIAN HOTELS COMPANY LTD7,981.9610.6484,929.1
EIH LTD3,374.578.3728,260.2
CHALET HOTELS LTD1,531.6712.5219,179.7
LEMON TREE HOTELS LTD853.7312.5110,679.5
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6022.218,074.0
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8616.205,538.1
SAMHI HOTELS LTD-810.25-5.364,341.8
EIH ASSOCIATED HOTELS LTD396.595.662,243.1
TAJ GVK HOTELS & RESORTS LTD461.324.892,257.3
ORIENTAL HOTELS LTD618.433.872,394.1

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

Top 10 Industry PeersPB Ratio
Min industry PB -5.36x
Max industry PB 22.21x
Median industry PB 8.37x
Average industry PB 8.72x



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