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THE INDIAN HOTELS COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of THE INDIAN HOTELS COMPANY is 10.59.

Share Price ₹593.7Apr 18,2024
Market Cap ₹84,507.3 Cr
Book Value₹7,982.0 CrMar2023 - Consolidated Results
Price/Book 10.59xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of THE INDIAN HOTELS COMPANY

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 INDIAN HOTELS COMPANY is calculated as :

Current Market Cap [ ₹84,507.3 Cr] as on Apr 18,2024

(/) Book Value [ ₹7,982.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.59x ]

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

Thus, for THE INDIAN HOTELS COMPANY , the investors are currently willing to pay '10.59 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 INDIAN HOTELS COMPANY !

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

Historical PB (Price/Book ) ratio chart of THE INDIAN HOTELS COMPANY


PB Ratio Performance Analysis for THE INDIAN HOTELS COMPANY

- THE INDIAN HOTELS COMPANY 's latest p/b ratio is 10.59x.

- THE INDIAN HOTELS COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.09x.

- THE INDIAN HOTELS COMPANY 's operated at median p/b ratio of 4.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE INDIAN HOTELS COMPANY 's p/b ratio peaked in Mar2023 at 5.77x.

- THE INDIAN HOTELS COMPANY 's p/b ratio hit its five-year low in Mar2020 of 2.04x.


How does THE INDIAN HOTELS COMPANY '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 INDIAN HOTELS COMPANY 7,981.9610.5984,507.3
EIH LTD3,374.578.4028,360.3
CHALET HOTELS LTD1,531.6712.0418,443.7
LEMON TREE HOTELS LTD853.7312.4710,647.8
MAHINDRA HOLIDAYS & RESORTS INDIA LTD363.6021.977,988.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD341.8615.545,312.6
SAMHI HOTELS LTD-810.25-5.214,225.2
EIH ASSOCIATED HOTELS LTD396.595.712,263.3
TAJ GVK HOTELS & RESORTS LTD461.324.942,278.0
ORIENTAL HOTELS LTD618.433.882,397.7
HLV LTD418.804.451,865.1

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

Top 10 Industry PeersPB Ratio
Min industry PB -5.21x
Max industry PB 21.97x
Median industry PB 8.40x
Average industry PB 8.62x



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