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INDRAPRASTHA MEDICAL CORPORATION
PB (Price/Book ) Ratio

The Current P/B Ratio of INDRAPRASTHA MEDICAL CORPORATION is 6.46.

Share Price ₹267.4Apr 24,2024
Market Cap ₹2,451.6 Cr
Book Value₹379.5 CrMar2023 - Standalone Results
Price/Book 6.46xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDRAPRASTHA MEDICAL CORPORATION

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of INDRAPRASTHA MEDICAL CORPORATION is calculated as :

Current Market Cap [ ₹2,451.6 Cr] as on Apr 24,2024

(/) Book Value [ ₹379.5 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 6.46x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for INDRAPRASTHA MEDICAL CORPORATION , the investors are currently willing to pay '6.46 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 INDRAPRASTHA MEDICAL CORPORATION !

The chart below summarizes the trend in P/B Ratio of INDRAPRASTHA MEDICAL CORPORATION over the last five years.

Historical PB (Price/Book ) ratio chart of INDRAPRASTHA MEDICAL CORPORATION


PB Ratio Performance Analysis for INDRAPRASTHA MEDICAL CORPORATION

- INDRAPRASTHA MEDICAL CORPORATION 's latest p/b ratio is 6.46x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.59x.

- INDRAPRASTHA MEDICAL CORPORATION 's operated at median p/b ratio of 1.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio peaked in Mar2023 at 1.88x.

- INDRAPRASTHA MEDICAL CORPORATION 's p/b ratio hit its five-year low in Mar2020 of 1.16x.


How does INDRAPRASTHA MEDICAL CORPORATION 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
INDRAPRASTHA MEDICAL CORPORATION 379.456.462,451.6
APOLLO HOSPITALS ENTERPRISE LTD6,112.5014.7390,042.3
MAX HEALTHCARE INSTITUTE LTD7,367.9610.7279,011.6
GLOBAL HEALTH LTD2,423.0715.9838,724.1
FORTIS HEALTHCARE LTD7,240.514.7033,995.8
NARAYANA HRUDAYALAYA LTD2,130.6012.1125,809.8
ASTER DM HEALTHCARE LTD4,448.074.3019,143.8
DR LAL PATHLABS LTD1,608.0312.1019,458.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,669.549.7316,236.8
RAINBOW CHILDRENS MEDICARE LTD1,059.9112.9813,759.1
METROPOLIS HEALTHCARE LTD980.899.619,424.3

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs INDRAPRASTHA MEDICAL CORPORATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.30x
Max industry PB 15.98x
Median industry PB 10.72x
Average industry PB 10.31x



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