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Lemon Tree Hotels (BOM:541233) Cyclically Adjusted PB Ratio : 10.53 (As of May. 26, 2024)


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What is Lemon Tree Hotels Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Lemon Tree Hotels's current share price is ₹145.45. Lemon Tree Hotels's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ₹13.81. Lemon Tree Hotels's Cyclically Adjusted PB Ratio for today is 10.53.

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

BOM:541233' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.31   Med: 5.29   Max: 10.48
Current: 10.48

During the past 11 years, Lemon Tree Hotels's highest Cyclically Adjusted PB Ratio was 10.48. The lowest was 4.31. And the median was 5.29.

BOM:541233's Cyclically Adjusted PB Ratio is ranked worse than
94.97% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs BOM:541233: 10.48

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.

Lemon Tree Hotels's adjusted book value per share data of for the fiscal year that ended in Mar23 was ₹10.785. 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 ₹13.81 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lemon Tree Hotels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lemon Tree Hotels'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.

Lemon Tree Hotels Cyclically Adjusted PB Ratio Chart

Lemon Tree Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.62 5.60

Lemon Tree Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 5.60 - - -

Competitive Comparison of Lemon Tree Hotels's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Lemon Tree Hotels'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.


Lemon Tree Hotels's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Lemon Tree Hotels 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.

Lemon Tree Hotels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=145.45/13.81
=10.53

* 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.

Lemon Tree Hotels's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Lemon Tree Hotels's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=10.785/146.8646*146.8646
=10.785

Current CPI (Mar23) = 146.8646.

Lemon Tree Hotels Annual Data

Book Value per Share CPI Adj_Book
201403 10.163 91.425 16.326
201503 10.302 97.163 15.572
201603 10.299 102.518 14.754
201703 10.282 105.196 14.355
201803 10.361 109.786 13.860
201903 11.045 118.202 13.723
202003 12.482 124.705 14.700
202103 11.582 131.771 12.909
202203 10.492 138.822 11.100
202303 10.785 146.865 10.785

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.


Lemon Tree Hotels  (BOM:541233) 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.


Lemon Tree Hotels Cyclically Adjusted PB Ratio Related Terms

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


Lemon Tree Hotels (BOM:541233) Business Description

Traded in Other Exchanges
Address
Asset No. 6, Aerocity Hospitality District, Delhi Airport, New Delhi, IND, 110037
Lemon Tree Hotels Ltd owns and operates a chain of business and leisure hotels in India. The company operates its hotels under the Lemon Tree Premier, Lemon Tree Hotels, and Redfox Hotels brands. The company generates the majority of its revenue from the rental of rooms.

Lemon Tree Hotels (BOM:541233) Headlines

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