Imperial Hotel (TSE:9708) EV-to-EBITDA: 20.30 (As of Sep. 16, 2026) — Near 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.

TSE:9708 Imperial Hotel Ltd TSE:9708
85 GF Score
Price 円946.00
GF Value 円1,111.59
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Imperial Hotel EV-to-EBITDA?

Imperial Hotel TSE:9708 +0.42% 85 EV-to-EBITDA is 20.30 as of Sep. 16, 2026, which is 5% above its 10-year median of 19.33. GuruFocus rates TSE:9708 with a GF Score™ of 85/100 and a GF Value™ of 円1,111.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 714 Travel & Leisure companies, Imperial Hotel ranks worse than 81.37% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Imperial Hotel's enterprise value is 円93,444 Mil. Imperial Hotel's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,603 Mil. Therefore, Imperial Hotel's EV-to-EBITDA for today is 20.30.

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

TSE:9708' s EV-to-EBITDA Range Over the Past 10 Years
Min: -39.29   Med: 19.33   Max: 254.18
Current: 20.3

During the past 13 years, the highest EV-to-EBITDA of Imperial Hotel was 254.18. The lowest was -39.29. And the median was 19.33.

TSE:9708's EV-to-EBITDA is ranked worse than
81.37% of 714 companies
in the Travel & Leisure industry
Industry Median: 9.37 vs TSE:9708: 20.30

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 (2026-09-16), Imperial Hotel's stock price is 円946.00. Imperial Hotel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円31.675. Therefore, Imperial Hotel's PE Ratio (TTM) for today is 29.87.

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


Imperial Hotel  (TSE:9708) 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.

Imperial Hotel's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=946.00/31.675
=29.87

Imperial Hotel's share price for today is 円946.00.
Imperial Hotel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円31.675.

* 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?


Imperial Hotel EV-to-EBITDA Related Terms


Imperial Hotel EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Imperial Hotel'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.

Imperial Hotel EV-to-EBITDA Chart

Imperial Hotel 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 -15.98 17.75 14.39 18.00 35.60

Imperial Hotel 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 20.35 20.51 24.59 35.66 20.52

TSE:9708 vs MAR, HLT, H: EV-to-EBITDA Comparison

For the Lodging subindustry, Imperial Hotel'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.


Imperial Hotel EV-to-EBITDA vs Travel & Leisure Industry

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

* The bar in red indicates where Imperial Hotel's EV-to-EBITDA falls into.


TSE:9708
85GF Score
Imperial Hotel Ltd TSE:9708
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Hotel EV-to-EBITDA Calculation

Imperial Hotel's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=93444.257/4603
=20.30

Imperial Hotel's current Enterprise Value is 円93,444 Mil.
Imperial Hotel's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,603 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 20.30 mean?
Imperial Hotel (TSE:9708) has a EV-to-EBITDA of 20.30 as of Sep. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Imperial Hotel. This is near median its historical median of 19.33. According to the industry distribution chart, Imperial Hotel ranks #581 out of 714 companies in the Travel & Leisure industry, placing it in the top 81.4%.
Is Imperial Hotel's EV-to-EBITDA too high?
Imperial Hotel's current EV-to-EBITDA of 20.30 is near median its 10-year median of 19.33. The Travel & Leisure industry median EV-to-EBITDA is 9.37. Imperial Hotel's value of 20.30 is 116.6% above this industry median. Based on the distribution chart, Imperial Hotel ranks #581 out of 714 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Imperial Hotel has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Hotel's EV-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Imperial Hotel ranks #581 out of 714 companies for EV-to-EBITDA. This places Imperial Hotel in the lower half of its industry. The industry median EV-to-EBITDA is 9.37. Imperial Hotel's value of 20.30 is 116.6% above this benchmark. While the company's 10-year median is 19.33 vs. the industry median of 9.37, Imperial Hotel 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 9.37, based on 714 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. Imperial Hotel's current EV-to-EBITDA of 20.30 is 116.6% 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 Imperial Hotel. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Hotel's current EV-to-EBITDA is 20.30, which is near median its own 10-year median of 19.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Hotel stock overvalued right now?
Based on GuruFocus' analysis, Imperial Hotel (TSE:9708) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,111.59, compared to a current price of 円946.00 — trading 14.9% below its estimated fair value. The current EV-to-EBITDA is 20.30, which is near median its 10-year median of 19.33 and 116.6% above the Travel & Leisure industry median of 9.37. Imperial Hotel's overall GF Score™ is 85/100 with 3 warning signs 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 Imperial Hotel (TSE:9708), the current EV-to-EBITDA is 20.30 as of Sep. 16, 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 Imperial Hotel (TSE:9708) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Hotel stock appears to be undervalued. The current stock price of 円946.00 is trading 14.9% below its estimated GF Value™ of 円1,111.59. GuruFocus considers Imperial Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9708:

  • EV-to-EBITDA: 20.30 (near median its 10-year median of 19.33)
  • GF Value™: 円1,111.59 vs. price of 円946.00 (14.9% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 116.6% above the Travel & Leisure median (#581 of 714)

No single metric tells the full story. See the TSE:9708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Hotel Business Description

Address 1-1, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8558
Imperial Hotel Ltd is a Japanese-based company involved in the management and operations of hotels. The company is engaged into the operations of the Imperial Hotel Tokyo, the Imperial Hotel Osaka, and the Kamikochi Imperial Hotel, where it offers a range of services such as room, meeting and banquet, lounge, and other facilities.
85GF Score

Get the complete analysis for TSE:9708

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

円946.00
Price
円1,111.59
GF Value