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VIJAYA DIAGNOSTIC CENTRE
PB (Price/Book ) Ratio

The Current P/B Ratio of VIJAYA DIAGNOSTIC CENTRE is 12.67.

Share Price ₹672.2Apr 19,2024
Market Cap ₹6,876.6 Cr
Book Value₹542.8 CrMar2023 - Consolidated Results
Price/Book 12.67xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VIJAYA DIAGNOSTIC CENTRE

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 VIJAYA DIAGNOSTIC CENTRE is calculated as :

Current Market Cap [ ₹6,876.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹542.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 12.67x ]

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

Thus, for VIJAYA DIAGNOSTIC CENTRE , the investors are currently willing to pay '12.67 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 VIJAYA DIAGNOSTIC CENTRE !

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

Historical PB (Price/Book ) ratio chart of VIJAYA DIAGNOSTIC CENTRE


PB Ratio Performance Analysis for VIJAYA DIAGNOSTIC CENTRE

- VIJAYA DIAGNOSTIC CENTRE 's latest p/b ratio is 12.67x.

- VIJAYA DIAGNOSTIC CENTRE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.39x.

- VIJAYA DIAGNOSTIC CENTRE '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, VIJAYA DIAGNOSTIC CENTRE 's p/b ratio peaked in Mar2022 at 9.57x.

- VIJAYA DIAGNOSTIC CENTRE 's p/b ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
VIJAYA DIAGNOSTIC CENTRE 542.8112.676,876.6
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 VIJAYA DIAGNOSTIC CENTRE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.49x
Max industry PB 15.54x
Median industry PB 11.45x
Average industry PB 10.68x



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