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LOTUS EYE HOSPITAL AND INSTITUTE
PB (Price/Book ) Ratio

The Current P/B Ratio of LOTUS EYE HOSPITAL AND INSTITUTE is 2.14.

Share Price ₹59.2Apr 23,2024
Market Cap ₹123.1 Cr
Book Value₹57.6 CrMar2023 - Standalone Results
Price/Book 2.14xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LOTUS EYE HOSPITAL AND INSTITUTE

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 LOTUS EYE HOSPITAL AND INSTITUTE is calculated as :

Current Market Cap [ ₹123.1 Cr] as on Apr 23,2024

(/) Book Value [ ₹57.6 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.14x ]

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

Thus, for LOTUS EYE HOSPITAL AND INSTITUTE , the investors are currently willing to pay '2.14 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 LOTUS EYE HOSPITAL AND INSTITUTE !

The chart below summarizes the trend in P/B Ratio of LOTUS EYE HOSPITAL AND INSTITUTE over the last five years.

Historical PB (Price/Book ) ratio chart of LOTUS EYE HOSPITAL AND INSTITUTE


PB Ratio Performance Analysis for LOTUS EYE HOSPITAL AND INSTITUTE

- LOTUS EYE HOSPITAL AND INSTITUTE 's latest p/b ratio is 2.14x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.53x.

- LOTUS EYE HOSPITAL AND INSTITUTE '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, LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio peaked in Mar2023 at 2.1x.

- LOTUS EYE HOSPITAL AND INSTITUTE 's p/b ratio hit its five-year low in Mar2019 of 0.92x.


How does LOTUS EYE HOSPITAL AND INSTITUTE 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
LOTUS EYE HOSPITAL AND INSTITUTE 57.582.14123.1
APOLLO HOSPITALS ENTERPRISE LTD6,112.5014.5689,027.1
MAX HEALTHCARE INSTITUTE LTD7,367.9610.0373,899.4
GLOBAL HEALTH LTD2,423.0715.5237,596.4
FORTIS HEALTHCARE LTD7,240.514.6533,656.0
NARAYANA HRUDAYALAYA LTD2,130.6012.0125,582.9
ASTER DM HEALTHCARE LTD4,448.074.4919,950.6
DR LAL PATHLABS LTD1,608.0311.6718,759.6
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,669.549.5916,015.2
RAINBOW CHILDRENS MEDICARE LTD1,059.9112.8613,635.7
METROPOLIS HEALTHCARE LTD980.899.559,372.3

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs LOTUS EYE HOSPITAL AND INSTITUTE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.14x
Max industry PB 15.52x
Median industry PB 10.03x
Average industry PB 9.73x



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