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KAYA
PB (Price/Book ) Ratio

The Current P/B Ratio of KAYA is -4.18.

Share Price ₹339.9Apr 19,2024
Market Cap ₹445.2 Cr
Book Value₹-106.6 CrMar2023 - Consolidated Results
Price/Book -4.18xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of KAYA

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 KAYA is calculated as :

Current Market Cap [ ₹445.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹-106.6 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -4.18x ]

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

Thus, for KAYA , the investors are currently willing to pay '-4.18 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 KAYA !

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

Historical PB (Price/Book ) ratio chart of KAYA


PB Ratio Performance Analysis for KAYA

- KAYA 's latest p/b ratio is -4.18x.

- KAYA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -29.87x.

- KAYA 's operated at median p/b ratio of 1.84x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KAYA 's p/b ratio peaked in Mar2021 at 7.11x.

- KAYA 's p/b ratio hit its five-year low in Mar2022 of -161.21x.


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

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
KAYA -106.58-4.18445.2
APOLLO HOSPITALS ENTERPRISE LTD6,112.5014.5188,715.9
MAX HEALTHCARE INSTITUTE LTD7,367.9610.1875,026.8
GLOBAL HEALTH LTD2,423.0715.5437,656.8
FORTIS HEALTHCARE LTD7,240.514.4932,512.3
NARAYANA HRUDAYALAYA LTD2,130.6011.9125,374.5
ASTER DM HEALTHCARE LTD4,448.075.8526,014.6
DR LAL PATHLABS LTD1,608.0311.4518,417.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,669.549.3315,582.6
RAINBOW CHILDRENS MEDICARE LTD1,059.9112.4813,228.7
METROPOLIS HEALTHCARE LTD980.899.088,901.8

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

Top 10 Industry PeersPB Ratio
Min industry PB -4.18x
Max industry PB 15.54x
Median industry PB 10.18x
Average industry PB 9.15x



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