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TAJ GVK HOTELS & RESORTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TAJ GVK HOTELS & RESORTS is 38.20.

Share Price ₹383.8Mar 28,2024
Market Cap ₹2,406.1 Cr
Earnings-TTM₹63.0 CrTTM-Consolidated Results
Price/Earnings38.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TAJ GVK HOTELS & RESORTS

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 TAJ GVK HOTELS & RESORTS is calculated as :

Current Market Cap [ ₹2,406.1 Cr] as on Mar 28,2024

(/) Earnings [ ₹63.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.20x ]

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

Thus, for TAJ GVK HOTELS & RESORTS , the investors are currently willing to pay 38.20 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 TAJ GVK HOTELS & RESORTS !

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 TAJ GVK HOTELS & RESORTS over the last five years.

Historical PE (Price/Earnings) ratio chart of TAJ GVK HOTELS & RESORTS


PE Ratio Performance Analysis for TAJ GVK HOTELS & RESORTS

- TAJ GVK HOTELS & RESORTS 's latest p/e ratio is 38.20x.

- TAJ GVK HOTELS & RESORTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 108.91x.

- TAJ GVK HOTELS & RESORTS 's operated at median p/e ratio of 22.89x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAJ GVK HOTELS & RESORTS 's p/e ratio peaked in Mar2022 at 454.32x.

- TAJ GVK HOTELS & RESORTS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TAJ GVK HOTELS & RESORTS '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
TAJ GVK HOTELS & RESORTS 62.9938.202,406.1
THE INDIAN HOTELS COMPANY LTD1,110.5075.8084,174.7
EIH LTD492.3057.0128,066.3
CHALET HOTELS LTD232.3778.1118,151.6
LEMON TREE HOTELS LTD155.7566.5110,358.6
MAHINDRA HOLIDAYS & RESORTS INDIA LTD89.2588.827,926.6
INDIA TOURISM DEVELOPMENT CORPORATION LTD68.0779.575,416.8
SAMHI HOTELS LTD-326.21-14.134,609.3
EIH ASSOCIATED HOTELS LTD70.3832.732,303.5
ORIENTAL HOTELS LTD51.5840.112,069.1
HLV LTD24.2470.981,720.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -14.13x
Max industry PE 88.82x
Median industry PE 66.51x
Average industry PE 55.79x



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