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METROPOLIS HEALTHCARE
PB (Price/Book ) Ratio

The Current P/B Ratio of METROPOLIS HEALTHCARE is 9.60.

Share Price ₹1,838.3May 18,2024
Market Cap ₹9,411.8 Cr
Book Value₹980.9 CrMar2023 - Consolidated Results
Price/Book 9.60xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of METROPOLIS HEALTHCARE

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 METROPOLIS HEALTHCARE is calculated as :

Current Market Cap [ ₹9,411.8 Cr] as on May 18,2024

(/) Book Value [ ₹980.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 9.60x ]

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

Thus, for METROPOLIS HEALTHCARE , the investors are currently willing to pay '9.60 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 METROPOLIS HEALTHCARE !

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

Historical PB (Price/Book ) ratio chart of METROPOLIS HEALTHCARE


PB Ratio Performance Analysis for METROPOLIS HEALTHCARE

- METROPOLIS HEALTHCARE 's latest p/b ratio is 9.60x.

- METROPOLIS HEALTHCARE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.47x.

- METROPOLIS HEALTHCARE 's operated at median p/b ratio of 11.92x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, METROPOLIS HEALTHCARE 's p/b ratio peaked in Mar2021 at 16.41x.

- METROPOLIS HEALTHCARE 's p/b ratio hit its five-year low in Mar2019 of 0x.


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

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
METROPOLIS HEALTHCARE 980.899.609,411.8
APOLLO HOSPITALS ENTERPRISE LTD6,112.5014.0185,651.8
MAX HEALTHCARE INSTITUTE LTD7,367.9611.1582,180.0
GLOBAL HEALTH LTD2,905.6312.9937,746.8
FORTIS HEALTHCARE LTD7,240.514.7234,139.2
NARAYANA HRUDAYALAYA LTD2,130.6012.4026,415.7
ASTER DM HEALTHCARE LTD4,448.073.9117,375.6
DR LAL PATHLABS LTD1,849.3011.4521,169.8
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,828.368.5515,632.6
RAINBOW CHILDRENS MEDICARE LTD1,059.9113.3514,146.8
JUPITER LIFE LINE HOSPITALS LTD365.6922.318,157.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.91x
Max industry PB 22.31x
Median industry PB 11.45x
Average industry PB 11.31x



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