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NSE · Source: NSE
As named by the issuer in the prospectus.
| Company | P/E | P/B | EV/EBITDA | Note | Pages |
|---|---|---|---|---|---|
| The Indian Hotels Company Limited | 77.51 x | — | 41.25 x | Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 | — |
| EIH Limited | 39.04 x | — | 23.34 x | Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 | — |
| Chalet Hotels Limited | 64.56 x | — | 36.19 x | Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 | — |
| Juniper Hotels Limited | 259.73 x | — |
| 27.69 x |
| Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 |
| — |
| Lemon Tree Hotels Limited | 65.56 x | — | 21.65 x | Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 | — |
| Samhi Hotels Limited | — | — | 21.99 x | P/E stated as NA because Fiscal 2024 diluted EPS was negative; Fiscal 2024 peer financial information | — |
| Apeejay Surendra Park Hotels Limited | 41.69 x | — | 16.41 x | Fiscal 2024 peer financial information; P/E based on BSE closing price on October 18, 2024 | — |
The projected P/E ratio at the cap price of ₹90 is 125.00, which may be higher than industry averages, suggesting a premium valuation compared to peers. The average RoNW of 30.11% is relatively strong, but the high P/E ratio raises questions about sustainability.