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THE BYKE HOSPITALITY
PB (Price/Book ) Ratio

The Current P/B Ratio of THE BYKE HOSPITALITY is 2.17.

Share Price ₹74.0Apr 25,2024
Market Cap ₹346.8 Cr
Book Value₹159.5 CrMar2023 - Standalone Results
Price/Book 2.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THE BYKE HOSPITALITY

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 THE BYKE HOSPITALITY is calculated as :

Current Market Cap [ ₹346.8 Cr] as on Apr 25,2024

(/) Book Value [ ₹159.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.17x ]

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

Thus, for THE BYKE HOSPITALITY , the investors are currently willing to pay '2.17 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 THE BYKE HOSPITALITY !

The chart below summarizes the trend in P/B Ratio of THE BYKE HOSPITALITY over the last five years.

Historical PB (Price/Book ) ratio chart of THE BYKE HOSPITALITY


PB Ratio Performance Analysis for THE BYKE HOSPITALITY

- THE BYKE HOSPITALITY 's latest p/b ratio is 2.17x.

- THE BYKE HOSPITALITY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.60x.

- THE BYKE HOSPITALITY 's operated at median p/b ratio of 0.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE BYKE HOSPITALITY 's p/b ratio peaked in Mar2022 at 0.94x.

- THE BYKE HOSPITALITY 's p/b ratio hit its five-year low in Mar2020 of 0.19x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Book ValuePB RatioMarket Cap
THE BYKE HOSPITALITY 159.512.17346.8
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
TAJ GVK HOTELS & RESORTS LTD461.325.122,361.0
ORIENTAL HOTELS LTD618.433.992,464.7

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PB Analysis vs THE BYKE HOSPITALITY '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 8.59x



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