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DR LAL PATHLABS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DR LAL PATHLABS is 58.07.

Share Price ₹2,318.7Apr 15,2024
Market Cap ₹19,360.7 Cr
Earnings-TTM₹333.4 CrTTM-Consolidated Results
Price/Earnings58.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DR LAL PATHLABS

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 LAL PATHLABS is calculated as :

Current Market Cap [ ₹19,360.7 Cr] as on Apr 15,2024

(/) Earnings [ ₹333.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 58.07x ]

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

Thus, for DR LAL PATHLABS , the investors are currently willing to pay 58.07 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 LAL PATHLABS !

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 LAL PATHLABS over the last five years.

Historical PE (Price/Earnings) ratio chart of DR LAL PATHLABS


PE Ratio Performance Analysis for DR LAL PATHLABS

- DR LAL PATHLABS 's latest p/e ratio is 58.07x.

- DR LAL PATHLABS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 60.00x.

- DR LAL PATHLABS 's operated at median p/e ratio of 63.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DR LAL PATHLABS 's p/e ratio peaked in Mar2021 at 77.38x.

- DR LAL PATHLABS 's p/e ratio hit its five-year low in Mar2019 of 44.12x.


How does DR LAL PATHLABS '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 LAL PATHLABS 333.4058.0719,360.7
APOLLO HOSPITALS ENTERPRISE LTD809.27111.9990,631.8
MAX HEALTHCARE INSTITUTE LTD1,057.0276.5680,921.4
GLOBAL HEALTH LTD451.7881.8436,976.1
FORTIS HEALTHCARE LTD573.4857.4632,950.1
NARAYANA HRUDAYALAYA LTD772.0833.5625,907.8
ASTER DM HEALTHCARE LTD418.6662.3726,112.1
KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD363.3342.9915,620.6
RAINBOW CHILDRENS MEDICARE LTD221.0960.6113,399.2
METROPOLIS HEALTHCARE LTD125.4272.609,105.7
JUPITER LIFE LINE HOSPITALS LTD130.9761.248,020.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 33.56x
Max industry PE 111.99x
Median industry PE 61.24x
Average industry PE 65.39x



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