Home > PE Ratio > BENARES HOTELS

BENARES HOTELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BENARES HOTELS is 32.94.

Share Price ₹9,134.8Apr 24,2024
Market Cap ₹1,187.5 Cr
Earnings-TTM₹36.0 CrTTM-Standalone Results
Price/Earnings32.94xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BENARES HOTELS
Please provide your vote to see the results
BENARES HOTELS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of BENARES HOTELS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BENARES HOTELS is calculated as :

Current Market Cap [ ₹1,187.5 Cr] as on Apr 24,2024

(/) Earnings [ ₹36.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 32.94x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BENARES HOTELS , the investors are currently willing to pay 32.94 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BENARES HOTELS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

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

Historical PE (Price/Earnings) ratio chart of BENARES HOTELS


PE Ratio Performance Analysis for BENARES HOTELS

- BENARES HOTELS 's latest p/e ratio is 32.94x.

- BENARES HOTELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.83x.

- BENARES HOTELS 's operated at median p/e ratio of 18.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BENARES HOTELS 's p/e ratio peaked in Mar2022 at 46.91x.

- BENARES HOTELS 's p/e ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (Hotel, Resort & Restaurants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BENARES HOTELS 36.0532.941,187.5
THE INDIAN HOTELS COMPANY LTD1,110.5077.9786,580.3
EIH LTD492.3057.7228,413.4
CHALET HOTELS LTD232.3783.1219,313.9
LEMON TREE HOTELS LTD155.7569.5110,826.0
MAHINDRA HOLIDAYS & RESORTS INDIA LTD89.2595.028,480.0
INDIA TOURISM DEVELOPMENT CORPORATION LTD68.0785.495,819.9
SAMHI HOTELS LTD-326.21-13.074,262.6
EIH ASSOCIATED HOTELS LTD70.3832.522,288.9
TAJ GVK HOTELS & RESORTS LTD62.9937.162,340.7
ORIENTAL HOTELS LTD50.0747.782,392.3

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs BENARES HOTELS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.07x
Max industry PE 95.02x
Median industry PE 57.72x
Average industry PE 55.10x



You may also like the below Video Courses