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APOLLO HOSPITALS ENTERPRISE
PE (Price/Earnings) Ratio

The Current P/E Ratio of APOLLO HOSPITALS ENTERPRISE is 111.28.

Share Price ₹6,262.3Apr 24,2024
Market Cap ₹90,051.9 Cr
Earnings-TTM₹809.3 CrTTM-Consolidated Results
Price/Earnings111.28xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of APOLLO HOSPITALS ENTERPRISE

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of APOLLO HOSPITALS ENTERPRISE is calculated as :

Current Market Cap [ ₹90,051.9 Cr] as on Apr 24,2024

(/) Earnings [ ₹809.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 111.28x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for APOLLO HOSPITALS ENTERPRISE , the investors are currently willing to pay 111.28 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of APOLLO HOSPITALS ENTERPRISE !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of APOLLO HOSPITALS ENTERPRISE over the last five years.

Historical PE (Price/Earnings) ratio chart of APOLLO HOSPITALS ENTERPRISE


PE Ratio Performance Analysis for APOLLO HOSPITALS ENTERPRISE

- APOLLO HOSPITALS ENTERPRISE 's latest p/e ratio is 111.28x.

- APOLLO HOSPITALS ENTERPRISE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 104.31x.

- APOLLO HOSPITALS ENTERPRISE 's operated at median p/e ratio of 72.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APOLLO HOSPITALS ENTERPRISE 's p/e ratio peaked in Mar2021 at 277.55x.

- APOLLO HOSPITALS ENTERPRISE 's p/e ratio hit its five-year low in Mar2020 of 34.82x.


How does APOLLO HOSPITALS ENTERPRISE 's P/E Ratio benchmark against top 10 peers in Hospital & Healthcare Services Industry?

Peer Comparison (Hospital & Healthcare Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
APOLLO HOSPITALS ENTERPRISE 809.27111.2890,051.9
MAX HEALTHCARE INSTITUTE LTD1,057.0274.7579,011.6
GLOBAL HEALTH LTD451.7885.7138,724.1
FORTIS HEALTHCARE LTD573.4859.2833,995.8
NARAYANA HRUDAYALAYA LTD772.0833.4325,809.8
ASTER DM HEALTHCARE LTD418.6645.7319,143.8
DR LAL PATHLABS LTD333.4058.3619,458.7
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3344.6916,236.8
RAINBOW CHILDRENS MEDICARE LTD221.0962.2313,759.1
METROPOLIS HEALTHCARE LTD125.4275.149,424.3
JUPITER LIFE LINE HOSPITALS LTD130.9761.998,118.7

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs APOLLO HOSPITALS ENTERPRISE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.43x
Max industry PE 111.28x
Median industry PE 61.99x
Average industry PE 64.78x



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