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YATHARTH HOSPITAL & TRAUMA CARE SERVICES
PB (Price/Book ) Ratio

The Current P/B Ratio of YATHARTH HOSPITAL & TRAUMA CARE SERVICES is 21.02.

Share Price ₹447.8May 18,2024
Market Cap ₹3,846.2 Cr
Book Value₹183.0 CrMar2023 - Consolidated Results
Price/Book 21.02xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of YATHARTH HOSPITAL & TRAUMA CARE SERVICES

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 YATHARTH HOSPITAL & TRAUMA CARE SERVICES is calculated as :

Current Market Cap [ ₹3,846.2 Cr] as on May 18,2024

(/) Book Value [ ₹183.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 21.02x ]

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

Thus, for YATHARTH HOSPITAL & TRAUMA CARE SERVICES , the investors are currently willing to pay '21.02 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 YATHARTH HOSPITAL & TRAUMA CARE SERVICES !

The chart below summarizes the trend in P/B Ratio of YATHARTH HOSPITAL & TRAUMA CARE SERVICES over the last five years.

Historical PB (Price/Book ) ratio chart of YATHARTH HOSPITAL & TRAUMA CARE SERVICES


PB Ratio Performance Analysis for YATHARTH HOSPITAL & TRAUMA CARE SERVICES

- YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's latest p/b ratio is 21.02x.

- YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- YATHARTH HOSPITAL & TRAUMA CARE SERVICES '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, YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's p/b ratio peaked in Mar2023 at 0x.

- YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's p/b ratio hit its five-year low in Mar2023 of 0x.


How does YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's P/B Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Book ValuePB RatioMarket Cap
YATHARTH HOSPITAL & TRAUMA CARE SERVICES 182.9621.023,846.2
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 LTD1,258.9311.2414,146.8
METROPOLIS HEALTHCARE LTD980.899.609,417.1

Hospital & Healthcare Services Industry Benchmark (Top 10) PB Analysis vs YATHARTH HOSPITAL & TRAUMA CARE SERVICES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 3.91x
Max industry PB 21.02x
Median industry PB 11.24x
Average industry PB 11.00x



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