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EIH ASSOCIATED HOTELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of EIH ASSOCIATED HOTELS is 32.19.

Share Price ₹742.9Apr 18,2024
Market Cap ₹2,265.7 Cr
Earnings-TTM₹70.4 CrTTM-Standalone Results
Price/Earnings32.19xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EIH ASSOCIATED 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 EIH ASSOCIATED HOTELS is calculated as :

Current Market Cap [ ₹2,265.7 Cr] as on Apr 18,2024

(/) Earnings [ ₹70.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 32.19x ]

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

Thus, for EIH ASSOCIATED HOTELS , the investors are currently willing to pay 32.19 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 EIH ASSOCIATED 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 EIH ASSOCIATED HOTELS over the last five years.

Historical PE (Price/Earnings) ratio chart of EIH ASSOCIATED HOTELS


PE Ratio Performance Analysis for EIH ASSOCIATED HOTELS

- EIH ASSOCIATED HOTELS 's latest p/e ratio is 32.19x.

- EIH ASSOCIATED HOTELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 34.08x.

- EIH ASSOCIATED HOTELS 's operated at median p/e ratio of 19.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIH ASSOCIATED HOTELS 's p/e ratio peaked in Mar2022 at 103.16x.

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


How does EIH ASSOCIATED 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
EIH ASSOCIATED HOTELS 70.3832.192,265.7
THE INDIAN HOTELS COMPANY LTD1,110.5076.1084,509.2
EIH LTD492.3057.6128,360.3
CHALET HOTELS LTD232.3779.3718,443.7
LEMON TREE HOTELS LTD155.7568.3710,647.8
MAHINDRA HOLIDAYS & RESORTS INDIA LTD89.2589.517,988.2
INDIA TOURISM DEVELOPMENT CORPORATION LTD68.0778.045,312.6
SAMHI HOTELS LTD-326.21-12.954,225.2
TAJ GVK HOTELS & RESORTS LTD62.9936.162,278.0
ORIENTAL HOTELS LTD50.0747.892,397.7
HLV LTD24.2476.941,865.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -12.95x
Max industry PE 89.51x
Median industry PE 68.37x
Average industry PE 57.20x



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