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

The Current P/S Ratio of ASIAN HOTELS (EAST) is 2.51.

Share Price ₹149.2May 02,2024
Market Cap ₹258.1 Cr
Sales-TTM₹103.0 CrTTM-Consolidated Results
Price/Sales2.51xCalculated 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 [ ₹258.1 Cr] as on May 02,2024

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

(=) P/S Ratio [ 2.51x ]

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 '2.51 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 latest p/e ratio is 2.51x.

- 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) 103.02.51258.1
THE INDIAN HOTELS COMPANY LTD6,768.812.1181,982.6
EIH LTD2,407.012.1429,220.1
CHALET HOTELS LTD1,336.914.3519,188.5
LEMON TREE HOTELS LTD990.812.4712,351.1
MAHINDRA HOLIDAYS & RESORTS INDIA LTD2,704.63.108,374.9
INDIA TOURISM DEVELOPMENT CORPORATION LTD540.610.515,682.7
SAMHI HOTELS LTD869.04.974,318.7
EIH ASSOCIATED HOTELS LTD360.16.182,225.6
TAJ GVK HOTELS & RESORTS LTD395.85.942,352.6
ORIENTAL HOTELS LTD393.26.152,416.5

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 2.51x
Max industry PS 14.35x
Median industry PS 6.18x
Average industry PS 8.22x



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