BENARES HOTELS
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The Current P/E Ratio of BENARES HOTELS is 33.74.
Share Price | ₹9,355.7 | Apr 29,2024 |
Market Cap | ₹1,216.2 Cr | |
Earnings-TTM | ₹36.0 Cr | TTM-Standalone Results |
Price/Earnings | 33.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BENARES HOTELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,216.2 Cr] as on Apr 29,2024
(/) Earnings [ ₹36.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 33.74x ]
Thus, for BENARES HOTELS , the investors are currently willing to pay 33.74 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 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 Ratio | Market Cap |
---|---|---|---|
BENARES HOTELS | 36.05 | 33.74 | 1,216.2 |
THE INDIAN HOTELS COMPANY LTD | 1,201.59 | 69.08 | 83,000.3 |
EIH LTD | 492.30 | 60.24 | 29,654.8 |
CHALET HOTELS LTD | 232.37 | 81.74 | 18,993.3 |
LEMON TREE HOTELS LTD | 155.75 | 76.02 | 11,840.1 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 116.63 | 75.00 | 8,747.5 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 68.07 | 85.94 | 5,850.3 |
SAMHI HOTELS LTD | -326.21 | -13.11 | 4,275.8 |
EIH ASSOCIATED HOTELS LTD | 70.38 | 32.21 | 2,267.1 |
TAJ GVK HOTELS & RESORTS LTD | 62.99 | 37.83 | 2,383.0 |
ORIENTAL HOTELS LTD | 50.07 | 47.80 | 2,393.2 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs BENARES HOTELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -13.11x |
Max industry PE | 85.94x |
Median industry PE | 60.24x |
Average industry PE | 53.32x |
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