MAX HEALTHCARE INSTITUTE
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The Current P/B Ratio of MAX HEALTHCARE INSTITUTE is 10.72.
Share Price | ₹813.0 | Apr 24,2024 |
Market Cap | ₹79,010.6 Cr | |
Book Value | ₹7,368.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 10.72x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MAX HEALTHCARE INSTITUTE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹79,010.6 Cr] as on Apr 24,2024
(/) Book Value [ ₹7,368.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 10.72x ]
Thus, for MAX HEALTHCARE INSTITUTE , the investors are currently willing to pay '10.72 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 MAX HEALTHCARE INSTITUTE !
The chart below summarizes the trend in P/B Ratio of MAX HEALTHCARE INSTITUTE over the last five years.
Historical PB (Price/Book ) ratio chart of MAX HEALTHCARE INSTITUTE
PB Ratio Performance Analysis for MAX HEALTHCARE INSTITUTE
- MAX HEALTHCARE INSTITUTE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.95x.
- MAX HEALTHCARE INSTITUTE 's operated at median p/b ratio of 3.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAX HEALTHCARE INSTITUTE 's p/b ratio peaked in Mar2023 at 5.81x.
- MAX HEALTHCARE INSTITUTE 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does MAX HEALTHCARE INSTITUTE '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 |
---|---|---|---|
MAX HEALTHCARE INSTITUTE | 7,367.96 | 10.72 | 79,010.6 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,112.50 | 14.73 | 90,042.3 |
GLOBAL HEALTH LTD | 2,423.07 | 15.98 | 38,724.1 |
FORTIS HEALTHCARE LTD | 7,240.51 | 4.70 | 33,995.8 |
NARAYANA HRUDAYALAYA LTD | 2,130.60 | 12.11 | 25,809.8 |
ASTER DM HEALTHCARE LTD | 4,448.07 | 4.30 | 19,143.8 |
DR LAL PATHLABS LTD | 1,608.03 | 12.10 | 19,458.7 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,669.54 | 9.73 | 16,236.8 |
RAINBOW CHILDRENS MEDICARE LTD | 1,059.91 | 12.98 | 13,759.1 |
METROPOLIS HEALTHCARE LTD | 980.89 | 9.61 | 9,424.3 |
JUPITER LIFE LINE HOSPITALS LTD | 365.69 | 22.20 | 8,118.7 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs MAX HEALTHCARE INSTITUTE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.30x |
Max industry PB | 22.20x |
Median industry PB | 12.10x |
Average industry PB | 11.74x |
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