DR AGARWALS EYE HOSPITAL
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The Current P/E Ratio of DR AGARWALS EYE HOSPITAL is 34.40.
Share Price | ₹3,393.5 | May 07,2024 |
Market Cap | ₹1,594.9 Cr | |
Earnings-TTM | ₹46.4 Cr | TTM-Standalone Results |
Price/Earnings | 34.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DR AGARWALS EYE HOSPITAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,594.9 Cr] as on May 07,2024
(/) Earnings [ ₹46.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 34.40x ]
Thus, for DR AGARWALS EYE HOSPITAL , the investors are currently willing to pay 34.40 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 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 Ratio | Market Cap |
---|---|---|---|
DR AGARWALS EYE HOSPITAL | 46.36 | 34.40 | 1,594.9 |
APOLLO HOSPITALS ENTERPRISE LTD | 809.27 | 104.80 | 84,815.0 |
MAX HEALTHCARE INSTITUTE LTD | 1,057.02 | 74.05 | 78,273.0 |
GLOBAL HEALTH LTD | 451.78 | 83.28 | 37,623.2 |
FORTIS HEALTHCARE LTD | 573.48 | 59.75 | 34,267.6 |
NARAYANA HRUDAYALAYA LTD | 772.08 | 33.86 | 26,145.9 |
ASTER DM HEALTHCARE LTD | 418.66 | 40.72 | 17,048.4 |
DR LAL PATHLABS LTD | 333.40 | 58.13 | 19,381.9 |
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD | 363.33 | 45.36 | 16,480.1 |
RAINBOW CHILDRENS MEDICARE LTD | 221.09 | 66.49 | 14,699.0 |
METROPOLIS HEALTHCARE LTD | 125.42 | 72.72 | 9,121.0 |
Hospital & Healthcare Services Industry Benchmark (Top 10) PE Analysis vs DR AGARWALS EYE HOSPITAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.86x |
Max industry PE | 104.80x |
Median industry PE | 59.75x |
Average industry PE | 61.23x |
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