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ASIAN HOTELS (EAST)
PS (Price/Sales) Ratio

The Current P/S Ratio of ASIAN HOTELS (EAST) is 2.29.

Share Price ₹136.1Mar 28,2024
Market Cap ₹235.5 Cr
Sales-TTM₹103.0 CrTTM-Consolidated Results
Price/Sales2.29xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ASIAN HOTELS (EAST)

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of ASIAN HOTELS (EAST) is calculated as :

Current Market Cap [ ₹235.5 Cr] as on Mar 28,2024

(/) Sales [ ₹103.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.29x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for ASIAN HOTELS (EAST) , the investors are currently willing to pay '2.29 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of ASIAN HOTELS (EAST) !

The chart below summarizes the trend in P/S Ratio of ASIAN HOTELS (EAST) over the last five years.

Historical PS (Price/Sales) ratio chart of ASIAN HOTELS (EAST)


PS Ratio Performance Analysis for ASIAN HOTELS (EAST)

- ASIAN HOTELS (EAST) 's latest p/e ratio is 2.29x.

- ASIAN HOTELS (EAST) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.62x.

- ASIAN HOTELS (EAST) 's operated at median p/e ratio of 1.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASIAN HOTELS (EAST) 's p/e ratio peaked in Mar2022 at 5.42x.

- ASIAN HOTELS (EAST) 's p/e ratio hit its five-year low in Mar2020 of 0.82x.


How does ASIAN HOTELS (EAST) 's P/S Ratio benchmark against top 10 peers in Hotel, Resort & Restaurants Industry?

Peer Comparison (Hotel, Resort & Restaurants Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ASIAN HOTELS (EAST) 103.02.29235.5
THE INDIAN HOTELS COMPANY LTD6,488.812.9784,174.7
EIH LTD2,407.011.6628,066.3
CHALET HOTELS LTD1,336.913.5818,151.6
LEMON TREE HOTELS LTD990.810.4510,358.6
MAHINDRA HOLIDAYS & RESORTS INDIA LTD2,616.03.037,926.6
INDIA TOURISM DEVELOPMENT CORPORATION LTD540.610.025,416.8
SAMHI HOTELS LTD869.05.304,609.3
EIH ASSOCIATED HOTELS LTD360.16.402,303.5
TAJ GVK HOTELS & RESORTS LTD395.86.082,406.2
ORIENTAL HOTELS LTD397.15.212,069.1

Hotel, Resort & Restaurants Industry Benchmark (Top 10) PS Analysis vs ASIAN HOTELS (EAST) 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 2.29x
Max industry PS 13.58x
Median industry PS 6.40x
Average industry PS 7.91x



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