VIJAYA DIAGNOSTIC CENTRE
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The Current P/B Ratio of VIJAYA DIAGNOSTIC CENTRE is 12.67.
Share Price | ₹672.2 | Apr 19,2024 |
Market Cap | ₹6,876.6 Cr | |
Book Value | ₹542.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 12.67x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VIJAYA DIAGNOSTIC CENTRE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
VIJAYA DIAGNOSTIC CENTRE | 542.81 | 12.67 | 6,876.6 |
APOLLO HOSPITALS ENTERPRISE LTD | 6,112.50 | 14.51 | 88,715.9 |
MAX HEALTHCARE INSTITUTE LTD | 7,367.96 | 10.18 | 75,026.8 |
GLOBAL HEALTH LTD | 2,423.07 | 15.54 | 37,656.8 |
FORTIS HEALTHCARE LTD | 7,240.51 | 4.49 | 32,512.3 |
NARAYANA HRUDAYALAYA LTD | 2,130.60 | 11.91 | 25,374.5 |
ASTER DM HEALTHCARE LTD | 4,448.07 | 5.85 | 26,014.6 |
DR LAL PATHLABS LTD | 1,608.03 | 11.45 | 18,417.7 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 1,669.54 | 9.33 | 15,582.6 |
RAINBOW CHILDRENS MEDICARE LTD | 1,059.91 | 12.48 | 13,228.7 |
METROPOLIS HEALTHCARE LTD | 980.89 | 9.08 | 8,901.8 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs VIJAYA DIAGNOSTIC CENTRE 's P/B Ratio
Top 10 Industry Peers | PB 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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