Lemon Tree Hotels (NSE:LEMONTREE) EV-to-EBITDA: 16.10 (As of Aug. 21, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LEMONTREE Lemon Tree Hotels Ltd NSE:LEMONTREE
78 GF Score
Price ₹107.96
GF Value ₹180.46
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Lemon Tree Hotels EV-to-EBITDA?

Lemon Tree Hotels NSE:LEMONTREE -0.11% 78 EV-to-EBITDA is 16.10 as of Aug. 21, 2026, which is 35% below its 10-year median of 24.71. GuruFocus rates NSE:LEMONTREE with a GF Score™ of 78/100 and a GF Value™ of ₹180.46 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 701 Travel & Leisure companies, Lemon Tree Hotels ranks worse than 72.61% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lemon Tree Hotels's enterprise value is ₹110,779 Mil. Lemon Tree Hotels's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹6,881 Mil. Therefore, Lemon Tree Hotels's EV-to-EBITDA for today is 16.10.

The historical rank and industry rank for Lemon Tree Hotels's EV-to-EBITDA or its related term are showing as below:

NSE:LEMONTREE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.2   Med: 24.71   Max: 79.44
Current: 16.09

During the past 13 years, the highest EV-to-EBITDA of Lemon Tree Hotels was 79.44. The lowest was 8.20. And the median was 24.71.

NSE:LEMONTREE's EV-to-EBITDA is ranked worse than
72.61% of 701 companies
in the Travel & Leisure industry
Industry Median: 9.59 vs NSE:LEMONTREE: 16.09

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-21), Lemon Tree Hotels's stock price is ₹107.96. Lemon Tree Hotels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.970. Therefore, Lemon Tree Hotels's PE Ratio (TTM) for today is 36.35.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Lemon Tree Hotels  (NSE:LEMONTREE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Lemon Tree Hotels's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=107.96/2.970
=36.35

Lemon Tree Hotels's share price for today is ₹107.96.
Lemon Tree Hotels's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.970.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Lemon Tree Hotels EV-to-EBITDA Related Terms


Lemon Tree Hotels EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lemon Tree Hotels's EV-to-EBITDA 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.

Lemon Tree Hotels EV-to-EBITDA Chart

Lemon Tree Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.41 19.52 24.90 19.84 15.47

Lemon Tree Hotels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 16.46 23.31 18.93 15.47 13.42

NSE:LEMONTREE vs MAR, HLT, H: EV-to-EBITDA Comparison

For the Lodging subindustry, Lemon Tree Hotels's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lemon Tree Hotels's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lemon Tree Hotels's EV-to-EBITDA falls into.


NSE:LEMONTREE
78GF Score
Lemon Tree Hotels Ltd NSE:LEMONTREE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lemon Tree Hotels EV-to-EBITDA Calculation

Lemon Tree Hotels's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=110778.682/6880.732
=16.10

Lemon Tree Hotels's current Enterprise Value is ₹110,779 Mil.
Lemon Tree Hotels's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,881 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 16.10 mean?
Lemon Tree Hotels (NSE:LEMONTREE) has a EV-to-EBITDA of 16.10 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lemon Tree Hotels. This is 35% below median its historical median of 24.71. Over the past decade, Lemon Tree Hotels' EV-to-EBITDA has ranged from 8.20 to 79.44. According to the industry distribution chart, Lemon Tree Hotels ranks #509 out of 701 companies in the Travel & Leisure industry, placing it in the top 72.6%.
Is Lemon Tree Hotels' EV-to-EBITDA too high?
Lemon Tree Hotels' current EV-to-EBITDA of 16.10 is 35% below median its 10-year median of 24.71. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 79.44. The Travel & Leisure industry median EV-to-EBITDA is 9.59. Lemon Tree Hotels' value of 16.10 is 67.9% above this industry median. Based on the distribution chart, Lemon Tree Hotels ranks #509 out of 701 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Lemon Tree Hotels has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lemon Tree Hotels' EV-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Lemon Tree Hotels ranks #509 out of 701 companies for EV-to-EBITDA. This places Lemon Tree Hotels in the lower half of its industry. The industry median EV-to-EBITDA is 9.59. Lemon Tree Hotels' value of 16.10 is 67.9% above this benchmark. Historically, Lemon Tree Hotels' own EV-to-EBITDA has ranged from 8.20 to 79.44 over the past decade. While the company's 10-year median is 24.71 vs. the industry median of 9.59, Lemon Tree Hotels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.59, based on 701 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lemon Tree Hotels's current EV-to-EBITDA of 16.10 is 67.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lemon Tree Hotels. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lemon Tree Hotels's current EV-to-EBITDA is 16.10, which is 35% below median its own 10-year median of 24.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemon Tree Hotels stock overvalued right now?
Based on GuruFocus' analysis, Lemon Tree Hotels (NSE:LEMONTREE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹180.46, compared to a current price of ₹107.96 — trading 40.2% below its estimated fair value. The current EV-to-EBITDA is 16.10, which is 35% below median its 10-year median of 24.71 and 67.9% above the Travel & Leisure industry median of 9.59. Lemon Tree Hotels' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Lemon Tree Hotels (NSE:LEMONTREE), the current EV-to-EBITDA is 16.10 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lemon Tree Hotels (NSE:LEMONTREE) Overvalued in 2026?

Based on GuruFocus' analysis, Lemon Tree Hotels stock appears to be undervalued. The current stock price of ₹107.96 is trading 40.2% below its estimated GF Value™ of ₹180.46. GuruFocus considers Lemon Tree Hotels to be Significantly Undervalued.

Key valuation signals for NSE:LEMONTREE:

  • EV-to-EBITDA: 16.10 (35% below median its 10-year median of 24.71)
  • GF Value™: ₹180.46 vs. price of ₹107.96 (40.2% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 67.9% above the Travel & Leisure median (#509 of 701)

No single metric tells the full story. See the NSE:LEMONTREE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lemon Tree Hotels Business Description

Other Exchanges 541233:India
Address Asset No. 6, Aerocity Hospitality District, New Delhi, IND, 110037
Lemon Tree Hotels Ltd operates hotels across the upscale, upper-midscale, midscale, and economy segments under seven brands catering to varied guest needs. These include Aurika Hotels and Resorts (upscale), Lemon Tree Premier and Keys Prima (upper-midscale), Lemon Tree Hotels and Keys Select (midscale), and Red Fox and Keys Lite (economy). The company generates revenue by owning, leasing, and managing hotels, earning through room rentals and management commissions. Its operations span metro regions and tier cities across India, with international presence in countries like the United Arab Emirates, Bhutan, and Nepal, focusing on delivering differentiated service and value offerings to a broad customer base.
78GF Score

Get the complete analysis for NSE:LEMONTREE

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹107.96
Price
₹180.46
GF Value