Benares Hotels P/B Ratio
Benares Hotels (BENARAS) P/B ratio is 6.17 (High), book value per share ₹2130.00 vs Leisure Services average P/B of -0.08 — Very High - Significant premium, high growth expectations or speculative. Compare with BENARAS DCF valuation to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
BENARAS P/B Ratio — Valuation Insights & Book Value Analysis
Benares Hotels price-to-book ratio interpretation, valuation status and historical context — current P/B 6.17 (High). View Benares Hotels 52-week for the annual high/low range and current price position.
- Stock appears overvalued with PB of 6.17, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Trading at premium to sector average PB of -0.08
Benares Hotels P/B Ratio Historical Trend
BENARAS annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see Benares Hotels share price screener.
BENARAS Historical P/B Ratio — Book Value Per Share & Year-End Price
Benares Hotels annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 4.79 | ₹2130.0 | ₹10199.00 | ₹213 | High |
| 2025 | 5.53 | ₹1730.0 | ₹9564.25 | ₹173 | High |
| 2024 | 6.15 | ₹1330.0 | ₹8179.65 | ₹133 | High |
| 2023 | 8.96 | ₹1000.0 | ₹8961.10 | ₹100 | High |
| 2022 | 3.45 | ₹780.0 | ₹2690.00 | ₹78 | High |
BENARAS vs Leisure Services Peers — P/B Ratio Comparison
Benares Hotels P/B 6.17 vs Leisure Services average -0.08, median 0.91 — range -15.89–1.97.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahindra Holidays | MHRIL | -15.89 | ₹4,484 | Low |
| Trade Wings | TRADWIN | -14.62 | ₹191 | Low |
| Blue Coast Hotels | BLUECOAST | -3.2 | ₹55 | Low |
| Kaya | KAYA | -2.46 | ₹381 | Low |
| Asian Hotels (North) | ASIANHOTNR | -2.42 | ₹1,333 | Low |
| Emerald Leisures | EMERALL | -2.4 | ₹285 | Low |
| Sri Havisha Hospital | HAVISHA | -2.19 | ₹24 | Low |
| Velan Hotels | VELHO | -1.51 | ₹21 | Low |
| CHL | CHLLTD | -1.17 | ₹180 | Low |
| Aruna Hotels | ARUNAHTEL | -0.52 | ₹28 | Low |