SINCLAIRS HOTELS
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The Current P/B Ratio of SINCLAIRS HOTELS is 5.12.
| Share Price | ₹128.2 | Apr 23,2024 |
| Market Cap | ₹657.7 Cr | |
| Book Value | ₹128.5 Cr | Mar2023 - Standalone Results |
| Price/Book | 5.12x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SINCLAIRS 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
Current Market Cap [ ₹657.7 Cr] as on Apr 23,2024
(/) Book Value [ ₹128.5 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 5.12x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SINCLAIRS HOTELS , the investors are currently willing to pay '5.12 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 SINCLAIRS HOTELS !
The chart below summarizes the trend in P/B Ratio of SINCLAIRS HOTELS over the last five years.
Thus, for SINCLAIRS HOTELS , the investors are currently willing to pay '5.12 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 SINCLAIRS HOTELS !
The chart below summarizes the trend in P/B Ratio of SINCLAIRS HOTELS over the last five years.
Historical PB (Price/Book ) ratio chart of SINCLAIRS HOTELS
PB Ratio Performance Analysis for SINCLAIRS HOTELS
- SINCLAIRS HOTELS 's latest p/b ratio is 5.12x.
- SINCLAIRS HOTELS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.73x.
- SINCLAIRS HOTELS 's operated at median p/b ratio of 1.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SINCLAIRS HOTELS 's p/b ratio peaked in Mar2022 at 2.33x.
- SINCLAIRS HOTELS 's p/b ratio hit its five-year low in Mar2020 of 0.91x.
- SINCLAIRS HOTELS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.73x.
- SINCLAIRS HOTELS 's operated at median p/b ratio of 1.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SINCLAIRS HOTELS 's p/b ratio peaked in Mar2022 at 2.33x.
- SINCLAIRS HOTELS 's p/b ratio hit its five-year low in Mar2020 of 0.91x.
How does SINCLAIRS HOTELS '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 |
|---|---|---|---|
| SINCLAIRS HOTELS | 128.53 | 5.12 | 657.7 |
| THE INDIAN HOTELS COMPANY LTD | 7,981.96 | 10.77 | 86,003.8 |
| EIH LTD | 3,374.57 | 8.66 | 29,235.8 |
| CHALET HOTELS LTD | 1,531.67 | 12.60 | 19,306.2 |
| LEMON TREE HOTELS LTD | 853.73 | 12.53 | 10,695.3 |
| MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 363.60 | 23.24 | 8,451.7 |
| INDIA TOURISM DEVELOPMENT CORPORATION LTD | 341.86 | 16.76 | 5,729.8 |
| SAMHI HOTELS LTD | -810.25 | -5.28 | 4,279.1 |
| EIH ASSOCIATED HOTELS LTD | 396.59 | 5.73 | 2,272.6 |
| TAJ GVK HOTELS & RESORTS LTD | 461.32 | 5.07 | 2,339.1 |
| ORIENTAL HOTELS LTD | 618.43 | 3.93 | 2,432.5 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs SINCLAIRS HOTELS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -5.28x |
| Max industry PB | 23.24x |
| Median industry PB | 8.66x |
| Average industry PB | 9.01x |
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