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RAINBOW CHILDRENS MEDICARE
PB (Price/Book ) Ratio

The Current P/B Ratio of RAINBOW CHILDRENS MEDICARE is 12.43.

Share Price ₹1,298.0Mar 28,2024
Market Cap ₹13,174.7 Cr
Book Value₹1,059.9 CrMar2023 - Consolidated Results
Price/Book 12.43xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RAINBOW CHILDRENS MEDICARE

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 RAINBOW CHILDRENS MEDICARE is calculated as :

Current Market Cap [ ₹13,174.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,059.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 12.43x ]

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

Thus, for RAINBOW CHILDRENS MEDICARE , the investors are currently willing to pay '12.43 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 RAINBOW CHILDRENS MEDICARE !

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

Historical PB (Price/Book ) ratio chart of RAINBOW CHILDRENS MEDICARE


PB Ratio Performance Analysis for RAINBOW CHILDRENS MEDICARE

- RAINBOW CHILDRENS MEDICARE 's latest p/b ratio is 12.43x.

- RAINBOW CHILDRENS MEDICARE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.40x.

- RAINBOW CHILDRENS MEDICARE 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAINBOW CHILDRENS MEDICARE 's p/b ratio peaked in Mar2023 at 6.99x.

- RAINBOW CHILDRENS MEDICARE 's p/b ratio hit its five-year low in Mar2022 of 0x.


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

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
RAINBOW CHILDRENS MEDICARE 1,059.9112.4313,174.7
APOLLO HOSPITALS ENTERPRISE LTD6,112.5014.9491,330.6
MAX HEALTHCARE INSTITUTE LTD7,367.9610.8279,735.7
GLOBAL HEALTH LTD2,423.0714.6735,542.3
FORTIS HEALTHCARE LTD7,240.514.3831,700.7
NARAYANA HRUDAYALAYA LTD2,130.6012.2826,163.3
ASTER DM HEALTHCARE LTD4,448.074.5920,437.6
DR LAL PATHLABS LTD1,608.0311.7518,888.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD1,669.549.8716,470.5
METROPOLIS HEALTHCARE LTD980.899.028,843.8
JUPITER LIFE LINE HOSPITALS LTD365.6921.487,853.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 4.38x
Max industry PB 21.48x
Median industry PB 11.75x
Average industry PB 11.47x



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