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ORIENTAL HOTELS
PB (Price/Book ) Ratio

The Current P/B Ratio of ORIENTAL HOTELS is 3.87.

Share Price ₹134.0Apr 24,2024
Market Cap ₹2,392.3 Cr
Book Value₹618.4 CrMar2024 - Consolidated Results
Price/Book 3.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ORIENTAL HOTELS

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 ORIENTAL HOTELS is calculated as :

Current Market Cap [ ₹2,392.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹618.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.87x ]

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

Thus, for ORIENTAL HOTELS , the investors are currently willing to pay '3.87 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 ORIENTAL HOTELS !

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

Historical PB (Price/Book ) ratio chart of ORIENTAL HOTELS


PB Ratio Performance Analysis for ORIENTAL HOTELS

- ORIENTAL HOTELS 's latest p/b ratio is 3.87x.

- ORIENTAL HOTELS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.65x.

- ORIENTAL HOTELS 's operated at median p/b ratio of 1.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENTAL HOTELS 's p/b ratio peaked in Mar2023 at 2.61x.

- ORIENTAL HOTELS 's p/b ratio hit its five-year low in Mar2020 of 0.61x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
ORIENTAL HOTELS 618.433.872,392.3
THE INDIAN HOTELS COMPANY LTD10,128.708.5586,580.3
EIH LTD3,374.578.4228,413.4
CHALET HOTELS LTD1,531.6712.6119,313.9
LEMON TREE HOTELS LTD853.7312.6810,826.0
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6023.328,480.0
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8617.025,819.9
SAMHI HOTELS LTD-810.25-5.264,262.6
EIH ASSOCIATED HOTELS LTD396.595.772,288.9
TAJ GVK HOTELS & RESORTS LTD461.325.072,340.7
HLV LTD418.804.431,855.2

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

Top 10 Industry PeersPB Ratio
Min industry PB -5.26x
Max industry PB 23.32x
Median industry PB 8.42x
Average industry PB 8.77x



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