ASIAN HOTELS (EAST)
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The Current P/S Ratio of ASIAN HOTELS (EAST) is 2.51.
Share Price | ₹149.2 | May 02,2024 |
Market Cap | ₹258.1 Cr | |
Sales-TTM | ₹103.0 Cr | TTM-Consolidated Results |
Price/Sales | 2.51x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ASIAN HOTELS (EAST)
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹258.1 Cr] as on May 02,2024
(/) Sales [ ₹103.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 2.51x ]
Thus, for ASIAN HOTELS (EAST) , the investors are currently willing to pay '2.51 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ASIAN HOTELS (EAST) | 103.0 | 2.51 | 258.1 |
THE INDIAN HOTELS COMPANY LTD | 6,768.8 | 12.11 | 81,982.6 |
EIH LTD | 2,407.0 | 12.14 | 29,220.1 |
CHALET HOTELS LTD | 1,336.9 | 14.35 | 19,188.5 |
LEMON TREE HOTELS LTD | 990.8 | 12.47 | 12,351.1 |
MAHINDRA HOLIDAYS & RESORTS INDIA LTD | 2,704.6 | 3.10 | 8,374.9 |
INDIA TOURISM DEVELOPMENT CORPORATION LTD | 540.6 | 10.51 | 5,682.7 |
SAMHI HOTELS LTD | 869.0 | 4.97 | 4,318.7 |
EIH ASSOCIATED HOTELS LTD | 360.1 | 6.18 | 2,225.6 |
TAJ GVK HOTELS & RESORTS LTD | 395.8 | 5.94 | 2,352.6 |
ORIENTAL HOTELS LTD | 393.2 | 6.15 | 2,416.5 |
Hotel, Resort & Restaurants Industry Benchmark (Top 10) PS Analysis vs ASIAN HOTELS (EAST) 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 2.51x |
Max industry PS | 14.35x |
Median industry PS | 6.18x |
Average industry PS | 8.22x |
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