HLV
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The Current P/B Ratio of HLV is 4.37.
Share Price | ₹27.8 | Apr 19,2024 |
Market Cap | ₹1,830.9 Cr | |
Book Value | ₹418.8 Cr | Mar2023 - Standalone Results |
Price/Book | 4.37x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HLV
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HLV | 418.80 | 4.37 | 1,830.9 |
THE INDIAN HOTELS COMPANY LTD | 7,981.96 | 10.64 | 84,929.1 |
EIH LTD | 3,374.57 | 8.37 | 28,260.2 |
CHALET HOTELS LTD | 1,531.67 | 12.52 | 19,179.7 |
LEMON TREE HOTELS LTD | 853.73 | 12.51 | 10,679.5 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 363.60 | 22.21 | 8,074.0 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 341.86 | 16.20 | 5,538.1 |
SAMHI HOTELS LTD | -810.25 | -5.36 | 4,341.8 |
EIH ASSOCIATED HOTELS LTD | 396.59 | 5.66 | 2,243.1 |
TAJ GVK HOTELS & RESORTS LTD | 461.32 | 4.89 | 2,257.3 |
ORIENTAL HOTELS LTD | 618.43 | 3.87 | 2,394.1 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs HLV 's P/B Ratio
Top 10 Industry Peers | PB 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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