Home > PE Ratio > ASTER DM HEALTHCARE

ASTER DM HEALTHCARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASTER DM HEALTHCARE is 45.73.

Share Price ₹383.3Apr 24,2024
Market Cap ₹19,143.3 Cr
Earnings-TTM₹418.7 CrTTM-Consolidated Results
Price/Earnings45.73xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ASTER DM HEALTHCARE
Please provide your vote to see the results
ASTER DM HEALTHCARE is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of ASTER DM HEALTHCARE

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 ASTER DM HEALTHCARE is calculated as :

Current Market Cap [ ₹19,143.3 Cr] as on Apr 24,2024

(/) Earnings [ ₹418.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 45.73x ]

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

Thus, for ASTER DM HEALTHCARE , the investors are currently willing to pay 45.73 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 ASTER DM HEALTHCARE !

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 ASTER DM HEALTHCARE over the last five years.

Historical PE (Price/Earnings) ratio chart of ASTER DM HEALTHCARE


PE Ratio Performance Analysis for ASTER DM HEALTHCARE

- ASTER DM HEALTHCARE 's latest p/e ratio is 45.73x.

- ASTER DM HEALTHCARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 26.77x.

- ASTER DM HEALTHCARE 's operated at median p/e ratio of 23.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASTER DM HEALTHCARE 's p/e ratio peaked in Mar2021 at 46.19x.

- ASTER DM HEALTHCARE 's p/e ratio hit its five-year low in Mar2020 of 17.14x.


How does ASTER DM HEALTHCARE '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
ASTER DM HEALTHCARE 418.6645.7319,143.3
APOLLO HOSPITALS ENTERPRISE LTD809.27111.2690,042.3
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
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 ASTER DM HEALTHCARE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.43x
Max industry PE 111.26x
Median industry PE 61.99x
Average industry PE 64.78x



You may also like the below Video Courses