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Indian Hotels Co (NSE:INDHOTEL) Cyclically Adjusted PB Ratio : 12.60 (As of May. 26, 2024)


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What is Indian Hotels Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Indian Hotels Co's current share price is ₹569.85. Indian Hotels Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹45.23. Indian Hotels Co's Cyclically Adjusted PB Ratio for today is 12.60.

The historical rank and industry rank for Indian Hotels Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:INDHOTEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 6.3   Max: 13.54
Current: 12.59

During the past years, Indian Hotels Co's highest Cyclically Adjusted PB Ratio was 13.54. The lowest was 1.88. And the median was 6.30.

NSE:INDHOTEL's Cyclically Adjusted PB Ratio is ranked worse than
95.97% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs NSE:INDHOTEL: 12.59

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Indian Hotels Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₹66.436. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹45.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indian Hotels Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indian Hotels Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Indian Hotels Co Cyclically Adjusted PB Ratio Chart

Indian Hotels Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.44 5.91 7.82 13.07

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.82 9.42 - 13.07

Competitive Comparison of Indian Hotels Co's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Indian Hotels Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indian Hotels Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Hotels Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Hotels Co's Cyclically Adjusted PB Ratio falls into.



Indian Hotels Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Indian Hotels Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=569.85/45.23
=12.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indian Hotels Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Indian Hotels Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=66.436/153.0345*153.0345
=66.436

Current CPI (Mar. 2024) = 153.0345.

Indian Hotels Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 29.625 91.425 49.589
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 31.169 97.163 49.092
201506 0.000 99.841 0.000
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 23.665 102.518 35.326
201606 0.000 105.961 0.000
201609 0.000 105.961 0.000
201612 0.000 105.196 0.000
201703 23.092 105.196 33.593
201706 0.000 107.109 0.000
201709 23.077 109.021 32.393
201712 0.000 109.404 0.000
201803 34.084 109.786 47.511
201806 0.000 111.317 0.000
201809 34.239 115.142 45.507
201812 0.000 115.142 0.000
201903 35.444 118.202 45.889
201906 0.000 120.880 0.000
201909 33.110 123.175 41.136
201912 0.000 126.235 0.000
202003 35.516 124.705 43.584
202006 0.000 127.000 0.000
202009 30.082 130.118 35.380
202012 0.000 130.889 0.000
202103 29.741 131.771 34.540
202106 0.000 134.084 0.000
202109 26.498 135.847 29.851
202112 39.801 138.161 44.086
202203 49.720 138.822 54.810
202206 0.000 142.347 0.000
202209 50.605 144.661 53.534
202212 0.000 145.763 0.000
202303 56.195 146.865 58.556
202309 58.319 151.492 58.913
202312 0.000 152.924 0.000
202403 66.436 153.035 66.436

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Indian Hotels Co  (NSE:INDHOTEL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Indian Hotels Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Indian Hotels Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Indian Hotels Co (NSE:INDHOTEL) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (NSE:INDHOTEL) Headlines

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