DR AGARWALS EYE HOSPITAL
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The Current P/B Ratio of DR AGARWALS EYE HOSPITAL is 13.48.
Share Price | ₹3,251.3 | Apr 18,2024 |
Market Cap | ₹1,528.1 Cr | |
Book Value | ₹113.3 Cr | Mar2023 - Standalone Results |
Price/Book | 13.48x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DR AGARWALS EYE HOSPITAL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,528.1 Cr] as on Apr 18,2024
(/) Book Value [ ₹113.3 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 13.48x ]
Thus, for DR AGARWALS EYE HOSPITAL , the investors are currently willing to pay '13.48 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of DR AGARWALS EYE HOSPITAL !
The chart below summarizes the trend in P/B Ratio of DR AGARWALS EYE HOSPITAL over the last five years.
Historical PB (Price/Book ) ratio chart of DR AGARWALS EYE HOSPITAL
PB Ratio Performance Analysis for DR AGARWALS EYE HOSPITAL
- DR AGARWALS EYE HOSPITAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.25x.
- DR AGARWALS EYE HOSPITAL 's operated at median p/b ratio of 3.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DR AGARWALS EYE HOSPITAL 's p/b ratio peaked in Mar2022 at 4.39x.
- DR AGARWALS EYE HOSPITAL 's p/b ratio hit its five-year low in Mar2020 of 1.6x.
How does DR AGARWALS EYE HOSPITAL 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?
Peer Comparison (Hospital & Healthcare Services Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
DR AGARWALS EYE HOSPITAL | 113.34 | 13.48 | 1,528.1 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,112.50 | 14.27 | 87,250.7 |
MAX HEALTHCARE INSTITUTE LTD | 7,367.96 | 10.24 | 75,430.1 |
GLOBAL HEALTH LTD | 2,423.07 | 15.20 | 36,829.8 |
FORTIS HEALTHCARE LTD | 7,240.51 | 4.54 | 32,904.9 |
NARAYANA HRUDAYALAYA LTD | 2,130.60 | 11.90 | 25,344.8 |
ASTER DM HEALTHCARE LTD | 4,448.07 | 5.86 | 26,077.1 |
DR LAL PATHLABS LTD | 1,608.03 | 11.64 | 18,715.3 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,669.54 | 9.34 | 15,600.2 |
RAINBOW CHILDRENS MEDICARE LTD | 1,059.91 | 12.44 | 13,188.1 |
METROPOLIS HEALTHCARE LTD | 980.89 | 9.07 | 8,900.5 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs DR AGARWALS EYE HOSPITAL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.54x |
Max industry PB | 15.20x |
Median industry PB | 11.64x |
Average industry PB | 10.73x |
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