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TAJ GVK HOTELS & RESORTS
PB (Price/Book ) Ratio

The Current P/B Ratio of TAJ GVK HOTELS & RESORTS is 5.12.

Share Price ₹376.6Apr 25,2024
Market Cap ₹2,361.0 Cr
Book Value₹461.3 CrMar2023 - Consolidated Results
Price/Book 5.12xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TAJ GVK HOTELS & RESORTS

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 TAJ GVK HOTELS & RESORTS is calculated as :

Current Market Cap [ ₹2,361.0 Cr] as on Apr 25,2024

(/) Book Value [ ₹461.3 Cr] based on Mar2023 - Consolidated 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 TAJ GVK HOTELS & RESORTS , 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 TAJ GVK HOTELS & RESORTS !

The chart below summarizes the trend in P/B Ratio of TAJ GVK HOTELS & RESORTS over the last five years.

Historical PB (Price/Book ) ratio chart of TAJ GVK HOTELS & RESORTS


PB Ratio Performance Analysis for TAJ GVK HOTELS & RESORTS

- TAJ GVK HOTELS & RESORTS 's latest p/b ratio is 5.12x.

- TAJ GVK HOTELS & RESORTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.48x.

- TAJ GVK HOTELS & RESORTS 's operated at median p/b ratio of 2.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAJ GVK HOTELS & RESORTS 's p/b ratio peaked in Mar2019 at 3.8x.

- TAJ GVK HOTELS & RESORTS 's p/b ratio hit its five-year low in Mar2020 of 1.58x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
TAJ GVK HOTELS & RESORTS 461.325.122,361.0
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
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8617.065,831.5
SAMHI HOTELS LTD-810.25-5.294,282.4
EIH ASSOCIATED HOTELS LTD396.595.742,275.7
ORIENTAL HOTELS LTD618.433.992,464.7
HLV LTD418.804.461,869.7

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs TAJ GVK HOTELS & RESORTS '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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