Shares of Tajjivk Hotels and Resorts Ltd soared over eight per cent.
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The PE of TajJVK Hotels & Resorts Ltd. is 19.41 times which is low compared to peers. The PE ratio of Barbeque-Nation is 178.90, Lemon Tree Hotel is 62.88 and Indian Hotels Co is 57.09 times. The PE ratio tells the relationship between a stock’s price and its EPS (earnings per share). This reflects favorable valuation of TajJVK Hotels & Resorts vis-à-vis other companies in the sector. The ROCE (Return on Capital Employed) of the company is 21.76%. This is better than Barbeque-Nation (8.99%), Lemon Tree Hotel (11.87%) and Indian Hotels Co (13.29%). This shows that the company is better than the rest of the companies in terms of financial performance and capital utilization. This company has given 91% return in the last one year. Investors should keep an eye on this small-cap Hotels & Resorts stock.
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