Home > PE Ratio > INDIA TOURISM DEVELOPMENT CORPORATION

INDIA TOURISM DEVELOPMENT CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIA TOURISM DEVELOPMENT CORPORATION is 85.52.

Share Price ₹678.6Apr 24,2024
Market Cap ₹5,822.0 Cr
Earnings-TTM₹68.1 CrTTM-Consolidated Results
Price/Earnings85.52xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for INDIA TOURISM DEVELOPMENT CORPORATION
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of INDIA TOURISM DEVELOPMENT CORPORATION

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 INDIA TOURISM DEVELOPMENT CORPORATION is calculated as :

Current Market Cap [ ₹5,822.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹68.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 85.52x ]

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

Thus, for INDIA TOURISM DEVELOPMENT CORPORATION , the investors are currently willing to pay 85.52 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 INDIA TOURISM DEVELOPMENT CORPORATION !

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 INDIA TOURISM DEVELOPMENT CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIA TOURISM DEVELOPMENT CORPORATION


PE Ratio Performance Analysis for INDIA TOURISM DEVELOPMENT CORPORATION

- INDIA TOURISM DEVELOPMENT CORPORATION 's latest p/e ratio is 85.52x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 184.99x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's operated at median p/e ratio of 54.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA TOURISM DEVELOPMENT CORPORATION 's p/e ratio peaked in Mar2022 at 766.22x.

- INDIA TOURISM DEVELOPMENT CORPORATION 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does INDIA TOURISM DEVELOPMENT CORPORATION '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
INDIA TOURISM DEVELOPMENT CORPORATION 68.0785.525,822.0
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
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
HLV LTD24.2476.531,855.2

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PE Analysis vs INDIA TOURISM DEVELOPMENT CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.07x
Max industry PE 95.02x
Median industry PE 69.51x
Average industry PE 59.07x



You may also like the below Video Courses