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DR AGARWALS EYE HOSPITAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of DR AGARWALS EYE HOSPITAL is 35.60.

Share Price ₹3,511.8May 06,2024
Market Cap ₹1,650.5 Cr
Earnings-TTM₹46.4 CrTTM-Standalone Results
Price/Earnings35.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DR AGARWALS EYE HOSPITAL

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 DR AGARWALS EYE HOSPITAL is calculated as :

Current Market Cap [ ₹1,650.5 Cr] as on May 06,2024

(/) Earnings [ ₹46.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 35.60x ]

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

Thus, for DR AGARWALS EYE HOSPITAL , the investors are currently willing to pay 35.60 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 DR AGARWALS EYE HOSPITAL !

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 DR AGARWALS EYE HOSPITAL over the last five years.

Historical PE (Price/Earnings) ratio chart of DR AGARWALS EYE HOSPITAL


PE Ratio Performance Analysis for DR AGARWALS EYE HOSPITAL

- DR AGARWALS EYE HOSPITAL 's latest p/e ratio is 35.60x.

- DR AGARWALS EYE HOSPITAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.36x.

- DR AGARWALS EYE HOSPITAL 's operated at median p/e ratio of 11.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DR AGARWALS EYE HOSPITAL 's p/e ratio peaked in Mar2019 at 14.33x.

- DR AGARWALS EYE HOSPITAL 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does DR AGARWALS EYE HOSPITAL '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
DR AGARWALS EYE HOSPITAL 46.3635.601,650.5
APOLLO HOSPITALS ENTERPRISE LTD809.27107.6987,150.8
MAX HEALTHCARE INSTITUTE LTD1,057.0276.4580,804.8
GLOBAL HEALTH LTD451.7883.3237,644.7
FORTIS HEALTHCARE LTD573.4860.7334,826.2
NARAYANA HRUDAYALAYA LTD772.0833.5425,898.6
ASTER DM HEALTHCARE LTD418.6641.0817,198.2
DR LAL PATHLABS LTD333.4058.5919,532.6
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3345.2616,442.9
RAINBOW CHILDRENS MEDICARE LTD221.0972.6616,064.2
METROPOLIS HEALTHCARE LTD125.4273.839,259.4

Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs DR AGARWALS EYE HOSPITAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 33.54x
Max industry PE 107.69x
Median industry PE 60.73x
Average industry PE 62.61x



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