Howard Hotels (BOM:526761) PB Ratio: 1.61 (As of Jul. 28, 2026) — 124% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

BOM:526761 Howard Hotels Ltd BOM:526761
67 GF Score
Price ₹20.99
GF Value ₹27.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Howard Hotels PB Ratio?

Howard Hotels BOM:526761 +0.96% 67 PB Ratio is 1.61 as of Jul. 28, 2026, which is 124% above its 10-year median of 0.72. GuruFocus rates BOM:526761 with a GF Score™ of 67/100 and a GF Value™ of ₹27.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 794 Travel & Leisure companies, Howard Hotels ranks worse than 53.78% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-28), Howard Hotels's share price is ₹20.99. Howard Hotels's Book Value per Share for the quarter that ended in Mar. 2026 was ₹13.02. Hence, Howard Hotels's PB Ratio of today is 1.61.

Good Sign:

Howard Hotels Ltd stock PB Ratio (=1.6) is close to 2-year low of 1.6.

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

BOM:526761' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.72   Max: 2.94
Current: 1.62

During the past 13 years, Howard Hotels's highest PB Ratio was 2.94. The lowest was 0.35. And the median was 0.72.

BOM:526761's PB Ratio is ranked worse than
53.78% of 794 companies
in the Travel & Leisure industry
Industry Median: 1.475 vs BOM:526761: 1.62

During the past 12 months, Howard Hotels's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Howard Hotels was 7.30% per year. The lowest was -8.70% per year. And the median was 1.00% per year.

Back to Basics: PB Ratio


Howard Hotels  (BOM:526761) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Howard Hotels PB Ratio Related Terms


Howard Hotels PB Ratio Historical Data

* Premium members only.

The historical data trend for Howard Hotels's 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.

Howard Hotels PB Ratio Chart

Howard Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.73 1.79 1.87 1.90

Howard Hotels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.87 0.00 2.45 0.00 1.90

BOM:526761 vs MAR, HLT, H: PB Ratio Comparison

For the Lodging subindustry, Howard Hotels's PB Ratio, along with its competitors' market caps and 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.


Howard Hotels PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Howard Hotels's PB Ratio falls into.


BOM:526761
67GF Score
Howard Hotels Ltd BOM:526761
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howard Hotels PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Howard Hotels's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=20.99/13.015
=1.61

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.61 mean?
Howard Hotels (BOM:526761) has a PB Ratio of 1.61 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Howard Hotels and its competitors. This is 124% above median its historical median of 0.72. Over the past decade, Howard Hotels' PB Ratio has ranged from 0.35 to 2.94. According to the industry distribution chart, Howard Hotels ranks #427 out of 794 companies in the Travel & Leisure industry, placing it in the top 53.8%.
Is Howard Hotels' PB Ratio too high?
Howard Hotels' current PB Ratio of 1.61 is 124% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.94. The Travel & Leisure industry median PB Ratio is 1.48. Howard Hotels' value of 1.61 is 9.2% above this industry median. Based on the distribution chart, Howard Hotels ranks #427 out of 794 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Howard Hotels has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Howard Hotels' PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Howard Hotels ranks #427 out of 794 companies for PB Ratio. This places Howard Hotels in the lower half of its industry. The industry median PB Ratio is 1.48. Howard Hotels' value of 1.61 is 9.2% above this benchmark. Historically, Howard Hotels' own PB Ratio has ranged from 0.35 to 2.94 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.48, Howard 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.48, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howard Hotels's current PB Ratio of 1.61 is 9.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Howard Hotels and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howard Hotels's current PB Ratio is 1.61, which is 124% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howard Hotels stock overvalued right now?
Based on GuruFocus' analysis, Howard Hotels (BOM:526761) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹27.06, compared to a current price of ₹20.99 — trading 22.4% below its estimated fair value. The current PB Ratio is 1.61, which is 124% above median its 10-year median of 0.72 and 9.2% above the Travel & Leisure industry median of 1.48. Howard Hotels' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Howard Hotels (BOM:526761), the current PB Ratio is 1.61 as of Jul. 28, 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 Howard Hotels (BOM:526761) Overvalued in 2026?

Based on GuruFocus' analysis, Howard Hotels stock appears to be undervalued. The current stock price of ₹20.99 is trading 22.4% below its estimated GF Value™ of ₹27.06. GuruFocus considers Howard Hotels to be Modestly Undervalued.

Key valuation signals for BOM:526761:

  • PB Ratio: 1.61 (124% above median its 10-year median of 0.72)
  • GF Value™: ₹27.06 vs. price of ₹20.99 (22.4% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 9.2% above the Travel & Leisure median (#427 of 794)

No single metric tells the full story. See the BOM:526761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howard Hotels Business Description

Address Fatehabad Road, 18/165, Hotel Howard Plaza, The Fern, Agra, UP, IND, 282001
Howard Hotels Ltd is an India-based company. It is engaged in the business of owning, operating & managing hotels, palaces, and resorts. The sale of rooms generates maximum revenue for the company. The company operates in a single segment, hospitality, focused on its property, Hotel Howard Plaza-The Fern, located in Agra.
67GF Score

Get the complete analysis for BOM:526761

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

₹20.99
Price
₹27.06
GF Value