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INDIA TOURISM DEVELOPMENT CORPORATION
PB (Price/Book ) Ratio

The Current P/B Ratio of INDIA TOURISM DEVELOPMENT CORPORATION is 17.06.

Share Price ₹679.9Apr 25,2024
Market Cap ₹5,833.5 Cr
Book Value₹341.9 CrMar2023 - Consolidated Results
Price/Book 17.06xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDIA TOURISM DEVELOPMENT CORPORATION

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 INDIA TOURISM DEVELOPMENT CORPORATION is calculated as :

Current Market Cap [ ₹5,833.5 Cr] as on Apr 25,2024

(/) Book Value [ ₹341.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 17.06x ]

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

Thus, for INDIA TOURISM DEVELOPMENT CORPORATION , the investors are currently willing to pay '17.06 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 INDIA TOURISM DEVELOPMENT CORPORATION !

The chart below summarizes the trend in P/B Ratio of INDIA TOURISM DEVELOPMENT CORPORATION over the last five years.

Historical PB (Price/Book ) ratio chart of INDIA TOURISM DEVELOPMENT CORPORATION


PB Ratio Performance Analysis for INDIA TOURISM DEVELOPMENT CORPORATION

- INDIA TOURISM DEVELOPMENT CORPORATION 's latest p/b ratio is 17.06x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.28x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's operated at median p/b ratio of 7.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio peaked in Mar2021 at 11.72x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 3.48x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
INDIA TOURISM DEVELOPMENT CORPORATION 341.8617.065,833.5
THE INDIAN HOTELS COMPANY LTD10,128.708.1182,167.6
EIH LTD3,374.578.4428,466.6
CHALET HOTELS LTD1,531.6712.7319,501.4
LEMON TREE HOTELS LTD853.7312.8110,937.0
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6023.648,596.1
SAMHI HOTELS LTD-810.25-5.294,282.4
EIH ASSOCIATED HOTELS LTD396.595.742,275.7
TAJ GVK HOTELS & RESORTS LTD461.325.122,361.0
ORIENTAL HOTELS LTD618.433.992,464.7
HLV LTD418.804.461,869.7

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

Top 10 Industry PeersPB Ratio
Min industry PB -5.29x
Max industry PB 23.64x
Median industry PB 8.11x
Average industry PB 8.80x



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