Tourism Finance Corporation of India Adjusts Valuation Amid Competitive Market Landscape

Tourism Finance Corporation of India has recently undergone a valuation adjustment, reflecting changes in its financial metrics and market position. The company currently exhibits a price-to-earnings (P/E) ratio of 20.96 and a price-to-book value of 1.79, indicating its valuation relative to its earnings and assets. Additionally, the enterprise value to EBITDA stands at 13.13, while the EV to EBIT is recorded at 13.18, showcasing its operational efficiency.
In terms of profitability, the company has a return on capital employed (ROCE) of 11.35% and a return on equity (ROE) of 8.53%. The dividend yield is noted at 1.06%, providing a modest return to shareholders.

When compared to its peers, Tourism Finance Corporation of India presents a more favorable valuation profile. For instance, Indostar Capital is positioned at a significantly higher P/E ratio of 94.11, while other competitors like Indus Inf. Trust and Dhani Services also reflect elevated valuations. This context highlights the competitive landscape within the finance sector, where Tourism Finance Corporation of India maintains a relatively attractive standing among its peers.